How much is a home worth in ZIP code 07065?

The typical home in 07065 is worth $529,136, based on the Zillow Home Value Index.

Are home values rising in 07065?

Home values in 07065 are up 0.5% over the past year, and up 6.6% a year over five years.

What is the typical rent in 07065?

A typical home in 07065 rents for about $2,571 a month, a gross rental yield of 5.8%.

What is the property tax rate in 07065?

The effective property tax rate in 07065 is 2.4% — roughly $12,594 a year on a typical home.

ZIP code 07065 has a population of 30,109 and a median household income of $91,461.

HousingHandbookReference data

…

U.S. ZIP Code · NJ07065

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

Typical home value

$529,136^[1]

Zillow Home Value Index, as of April 2026

Appreciation

1-year: +0.5%
5-year / yr: +6.6%
10-year / yr: +8.7%

Relative price

vs U.S.: +86.3%
vs metro: -27.5%
vs state: -7.1%

Price history

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

The typical home in 07065 is worth $529,136 — 27.5% below the New York-Newark-Jersey City, NY-NJ median. Over the past year, values have risen 0.5%. Homes here rent for a typical $2,571 a month — a 5.8% gross rental yield. The effective property tax rate is 2.4%.

#Rent & investment

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

Monthly rent: $2,571^[2]
Gross yield: 5.8%^[2]
Cap rate: 3.5%^[2]

#Property tax

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

Effective tax rate: 2.4%^[3]
Typical annual tax: $12,594^[3]

#Climate risk

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

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

#Who lives here

Population: 30,109^[3]
Median household income: $91,461^[3]

#Migration

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

Net migration: -1,953^[5]
Moved in: 15,002
Moved out: 16,955

Schools

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

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

Rahway High School
High · Grades 9–12 · Rahway Public School District
1,270 students
Rahway 7th & 8th Grade Academy
Middle · Grades 7–8 · Rahway Public School District
714 students
Franklin Elementary School
Elementary · Grades PK–6 · Rahway Public School District
636 students
Roosevelt Elementary School
Elementary · Grades PK–6 · Rahway Public School District
581 students
Grover Cleveland Elementary School
Elementary · Grades PK–6 · Rahway Public School District
470 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 yield5.8%

Net yield (after ~40% expenses)3.5%

Annual rent$30,849

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$2,676

Loan principal$423,308

Down payment$105,827

Total interest paid$539,907

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 ratio1.62

Monthly cost to own$4,166

Monthly rent$2,571

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: 61st percentile^[1]
Rental yield: 76th percentile^[2]
Property tax: 95th percentile^[3]

Frequently asked

How much is a home worth in ZIP code 07065?: The typical home in 07065 is worth $529,136, based on the Zillow Home Value Index.
Are home values rising in 07065?: Home values in 07065 are up 0.5% over the past year, and up 6.6% a year over five years.
What is the typical rent in 07065?: A typical home in 07065 rents for about $2,571 a month, a gross rental yield of 5.8%.
What is the property tax rate in 07065?: The effective property tax rate in 07065 is 2.4% — roughly $12,594 a year on a typical home.
Who lives in 07065?: ZIP code 07065 has a population of 30,109 and a median household income of $91,461.

#Comparable ZIPs

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

08805 vs 07065 →
Bound Brook, NJ
Typical home
$528,924
Gross yield
4.9%
10031 vs 07065 →
New York, NY
Typical home
$528,909
Gross yield
7.0%
07034
Lake Hiawatha CDP, NJ
Typical home
$529,537
Gross yield
—
08882
South River, NJ
Typical home
$529,569
Gross yield
—
07077
Sewaren CDP, NJ
Typical home
$528,529
Gross yield
—
08721
Pine Beach, NJ
Typical home
$530,103
Gross yield
6.8%

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#Jump to section

U.S. ZIP Code · NJ07065

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