How much is a home worth in ZIP code 07080?

The typical home in 07080 is worth $575,884, based on the Zillow Home Value Index.

Are home values rising in 07080?

Home values in 07080 are up 6.2% over the past year, and up 5.9% a year over five years.

What is the typical rent in 07080?

A typical home in 07080 rents for about $2,762 a month, a gross rental yield of 5.8%.

What is the property tax rate in 07080?

The effective property tax rate in 07080 is 1.7% — roughly $10,007 a year on a typical home.

ZIP code 07080 has a population of 24,411 and a median household income of $130,205.

HousingHandbookReference data

…

U.S. ZIP Code · NJ07080

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

Typical home value

$575,884^[1]

Zillow Home Value Index, as of April 2026

Appreciation

1-year: +6.2%
5-year / yr: +5.9%
10-year / yr: +5.9%

Relative price

vs U.S.: +102.7%
vs metro: -21.1%
vs state: +1.1%

Price history

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

The typical home in 07080 is worth $575,884 — 21.1% below the New York-Newark-Jersey City, NY-NJ median. Over the past year, values have risen 6.2%. Homes here rent for a typical $2,762 a month — a 5.8% gross rental yield. The effective property tax rate is 1.7%.

#Rent & investment

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

Monthly rent: $2,762^[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: 1.7%^[3]
Typical annual tax: $10,007^[3]

#Climate risk

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

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

#Who lives here

Population: 24,411^[3]
Median household income: $130,205^[3]

#Migration

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

Net migration: -3,628^[5]
Moved in: 21,716
Moved out: 25,344

Schools

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

Public schools: 7
Elementary: 4
Middle: 2
High: 1

South Plainfield High School
High · Grades 9–12 · South Plainfield School District
1,091 students
Grant Elementary School
Middle · Grades 5–6 · South Plainfield School District
543 students
South Plainfield Middle School
Middle · Grades 7–8 · South Plainfield School District
503 students
Roosevelt Elementary School
Elementary · Grades PK–4 · South Plainfield School District
475 students
John E. Riley Elementary School
Elementary · Grades K–4 · South Plainfield School District
364 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$33,149

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$2,912

Loan principal$460,707

Down payment$115,177

Total interest paid$587,607

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 ratio1.53

Monthly cost to own$4,227

Monthly rent$2,762

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: 45th percentile^[1]
Rental yield: 74th percentile^[2]
Property tax: 49th percentile^[3]

Frequently asked

How much is a home worth in ZIP code 07080?: The typical home in 07080 is worth $575,884, based on the Zillow Home Value Index.
Are home values rising in 07080?: Home values in 07080 are up 6.2% over the past year, and up 5.9% a year over five years.
What is the typical rent in 07080?: A typical home in 07080 rents for about $2,762 a month, a gross rental yield of 5.8%.
What is the property tax rate in 07080?: The effective property tax rate in 07080 is 1.7% — roughly $10,007 a year on a typical home.
Who lives in 07080?: ZIP code 07080 has a population of 24,411 and a median household income of $130,205.

#Comparable ZIPs

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

10511 vs 07080 →
Buchanan, NY
Typical home
$575,461
Gross yield
—
07011 vs 07080 →
Clifton, NJ
Typical home
$576,727
Gross yield
4.9%
08825
Frenchtown, NJ
Typical home
$577,184
Gross yield
—
10547
Lake Mohegan CDP, NY
Typical home
$577,557
Gross yield
—
08701
Lakewood CDP, NJ
Typical home
$577,895
Gross yield
4.4%
07029
Harrison, NJ
Typical home
$573,574
Gross yield
5.3%

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#Jump to section

U.S. ZIP Code · NJ07080

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