How much is a home worth in ZIP code 07011?

The typical home in 07011 is worth $576,727, based on the Zillow Home Value Index.

Are home values rising in 07011?

Home values in 07011 are up 1.6% over the past year, and up 7.1% a year over five years.

What is the typical rent in 07011?

A typical home in 07011 rents for about $2,364 a month, a gross rental yield of 4.9%.

What is the property tax rate in 07011?

The effective property tax rate in 07011 is 2.1% — roughly $11,996 a year on a typical home.

ZIP code 07011 has a population of 38,587 and a median household income of $74,194.

HousingHandbookReference data

…

U.S. ZIP Code · NJ07011

Passaic County · New York-Newark-Jersey City, NY-NJ

Typical home value

$576,727^[1]

Zillow Home Value Index, as of April 2026

Appreciation

1-year: +1.6%
5-year / yr: +7.1%
10-year / yr: +7.6%

Relative price

vs U.S.: +103.0%
vs metro: -20.9%
vs state: +1.3%

Price history

Zillow Home Value Index — monthly, smoothed and seasonally adjusted.

The typical home in 07011 is worth $576,727 — 20.9% below the New York-Newark-Jersey City, NY-NJ median. Over the past year, values have risen 1.6%. Homes here rent for a typical $2,364 a month — a 4.9% gross rental yield. The effective property tax rate is 2.1%.

#Rent & investment

Typical asking rent, and the returns it implies at the current home value.

Monthly rent: $2,364^[2]
Gross yield: 4.9%^[2]
Cap rate: 3.0%^[2]

#Property tax

Effective rate — total real estate taxes paid relative to total home value.

Effective tax rate: 2.1%^[3]
Typical annual tax: $11,996^[3]

#Climate risk

FEMA National Risk Index ratings for Passaic County. "Not Applicable" means the hazard does not threaten the county.

Overall risk: Relatively High^[4]
Riverine flood: Relatively High
Coastal flood: Very Low
Wildfire: Very Low
Drought: Relatively Low
Heat wave: Relatively Moderate
Hurricane: Relatively Moderate
Tornado: Relatively Moderate
Earthquake: Relatively Moderate
Winter weather: Very High

#Who lives here

Population: 38,587^[3]
Median household income: $74,194^[3]

#Migration

Household moves in and out of Passaic County over a year, from IRS tax-return data.

Net migration: -2,927^[5]
Moved in: 10,694
Moved out: 13,621

Schools

Open public schools in this ZIP, from the NCES Common Core of Data.

Public schools: 9
Elementary: 7
Middle: 2
High: 0

Christopher Columbus Middle School
Middle · Grades 6–8 · Clifton Public School District
1,146 students
School #12
Elementary · Grades PK–5 · Clifton Public School District
555 students
School #17
Elementary · Grades PK–5 · Clifton Public School District
502 students
School #11
Elementary · Grades PK–5 · Clifton Public School District
377 students
School #1
Elementary · Grades PK–5 · Clifton Public School District
257 students

Run the numbers

Interactive calculators pre-filled with this ZIP's typical home value, rent, and property-tax rate. Edit any field to recompute.

Home value$Monthly rent$

Gross yield4.9%

Net yield (after ~40% expenses)3.0%

Annual rent$28,366

Gross and net yield are estimates based on the inputs and the selected expense ratio. Actual income and expenses will vary by property and market. Not investment advice.

Home price$Down payment%Interest rate%Loan termyears

Monthly payment$2,916

Loan principal$461,381

Down payment$115,345

Total interest paid$588,466

Estimated monthly payments include principal and interest only. Actual costs will include property tax, insurance, possibly PMI, and HOA fees not modeled here. Loan terms shown are estimates; consult a licensed lender for current rates and qualification.

Home price$Monthly rent$Down payment%Mortgage rate%Property tax rate% / yrMaintenance% / yrRule of thumb: 1% of home value per year.

Own : rent ratio1.86

Monthly cost to own$4,397

Monthly rent$2,364

Renting is meaningfully cheaper month-to-month.

This calculator projects multi-year scenarios based on assumptions about appreciation, rent growth, and investment returns — none of which are guaranteed. Actual outcomes depend on variables this tool cannot know. Not financial or real estate advice.

#Metro ranking

Where this ZIP sits among others in its metro area.

Appreciation: 74th percentile^[1]
Rental yield: 47th percentile^[2]
Property tax: 77th percentile^[3]

Frequently asked

How much is a home worth in ZIP code 07011?: The typical home in 07011 is worth $576,727, based on the Zillow Home Value Index.
Are home values rising in 07011?: Home values in 07011 are up 1.6% over the past year, and up 7.1% a year over five years.
What is the typical rent in 07011?: A typical home in 07011 rents for about $2,364 a month, a gross rental yield of 4.9%.
What is the property tax rate in 07011?: The effective property tax rate in 07011 is 2.1% — roughly $11,996 a year on a typical home.
Who lives in 07011?: ZIP code 07011 has a population of 38,587 and a median household income of $74,194.

#Comparable ZIPs

Same metro, nearest typical home value. Each card shows the comparable ZIP's headline numbers so you can scan at a glance.

08825 vs 07011 →
Frenchtown, NJ
Typical home
$577,184
Gross yield
—
10547 vs 07011 →
Lake Mohegan CDP, NY
Typical home
$577,557
Gross yield
—
07080
South Plainfield, NJ
Typical home
$575,884
Gross yield
5.8%
08701
Lakewood CDP, NJ
Typical home
$577,895
Gross yield
4.4%
10511
Buchanan, NY
Typical home
$575,461
Gross yield
—
07513
Paterson, NJ
Typical home
$578,940
Gross yield
—

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#Jump to section

U.S. ZIP Code · NJ07011

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