ZIP comparison · New York-Newark-Jersey City, NY-NJ

07940 vs 11507

Side-by-side comparison of two ZIP codes — typical home value, rent, yield, taxes, schools, and demographics. The greener number on each row signals which ZIP comes out ahead on that metric.

MetricZIP07940Madison, NJZIP11507Albertson CDP, NY
Home value
Typical home value$1,057,444Better: $1,064,265
1-year appreciationBetter: +6.9%+3.7%
5-year CAGRBetter: +6.7%+5.6%
10-year CAGR+4.0%Better: +4.9%
Rent & investment
Monthly rent$3,155
Gross yield3.6%
Cap rate2.1%
Property tax
Effective tax rate1.5%Better: 1.5%
Typical annual tax$16,275Better: $15,980
Demographics
Population17,6106,736
Median household incomeBetter: $172,708$164,028
Climate & migration
Overall risk (FEMA NRI)Relatively ModerateRelatively High
Net migrationBetter: -1,398-6,520
Schools
Public schools53
Students enrolled2,4662,019