How much is a home worth in ZIP code 07029?

The typical home in 07029 is worth $573,574, based on the Zillow Home Value Index.

Are home values rising in 07029?

Home values in 07029 are up 2.7% over the past year, and up 3.6% a year over five years.

What is the typical rent in 07029?

A typical home in 07029 rents for about $2,556 a month, a gross rental yield of 5.3%.

What is the property tax rate in 07029?

The effective property tax rate in 07029 is 1.9% — roughly $11,124 a year on a typical home.

ZIP code 07029 has a population of 22,866 and a median household income of $88,333.

HousingHandbookReference data

…

U.S. ZIP Code · NJ07029

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

Typical home value

$573,574^[1]

Zillow Home Value Index, as of April 2026

Appreciation

1-year: +2.7%
5-year / yr: +3.6%
10-year / yr: +5.6%

Relative price

vs U.S.: +101.9%
vs metro: -21.4%
vs state: ≈ state median

Price history

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

The typical home in 07029 is worth $573,574 — 21.4% below the New York-Newark-Jersey City, NY-NJ median. Over the past year, values have risen 2.7%. Homes here rent for a typical $2,556 a month — a 5.3% gross rental yield. The effective property tax rate is 1.9%.

#Rent & investment

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

Monthly rent: $2,556^[2]
Gross yield: 5.3%^[2]
Cap rate: 3.2%^[2]

#Property tax

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

Effective tax rate: 1.9%^[3]
Typical annual tax: $11,124^[3]

#Climate risk

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

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

#Who lives here

Population: 22,866^[3]
Median household income: $88,333^[3]

#Migration

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

Net migration: -1,142^[5]
Moved in: 29,898
Moved out: 31,040

Schools

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

Public schools: 6
Elementary: 4
Middle: 1
High: 1

Harrison High School
High · Grades 9–12 · Harrison Public Schools
784 students
Washington Middle School
Middle · Grades 6–8 · Harrison Public Schools
481 students
Kennedy Elementary School
Elementary · Grades PK–1 · Harrison Public Schools
355 students
Lincoln Elementary School
Elementary · Grades 2–3 · Harrison Public Schools
292 students
Hamilton Intermediate School
Elementary · Grades 4–5 · Harrison Public Schools
281 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 yield5.3%

Net yield (after ~40% expenses)3.2%

Annual rent$30,668

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$2,900

Loan principal$458,859

Down payment$114,715

Total interest paid$585,250

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 ratio1.68

Monthly cost to own$4,306

Monthly rent$2,556

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: 17th percentile^[1]
Rental yield: 65th percentile^[2]
Property tax: 66th percentile^[3]

Frequently asked

How much is a home worth in ZIP code 07029?: The typical home in 07029 is worth $573,574, based on the Zillow Home Value Index.
Are home values rising in 07029?: Home values in 07029 are up 2.7% over the past year, and up 3.6% a year over five years.
What is the typical rent in 07029?: A typical home in 07029 rents for about $2,556 a month, a gross rental yield of 5.3%.
What is the property tax rate in 07029?: The effective property tax rate in 07029 is 1.9% — roughly $11,124 a year on a typical home.
Who lives in 07029?: ZIP code 07029 has a population of 22,866 and a median household income of $88,333.

#Comparable ZIPs

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

07014 vs 07029 →
Clifton, NJ
Typical home
$573,441
Gross yield
—
07208 vs 07029 →
Elizabeth, NJ
Typical home
$572,921
Gross yield
4.4%
07732
Highlands, NJ
Typical home
$572,492
Gross yield
—
08873
Six Mile Run CDP, NJ
Typical home
$572,161
Gross yield
5.6%
07504
Paterson, NJ
Typical home
$571,978
Gross yield
—
10511
Buchanan, NY
Typical home
$575,461
Gross yield
—

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#Jump to section

U.S. ZIP Code · NJ07029

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