How much is a home worth in ZIP code 07105?

The typical home in 07105 is worth $567,741, based on the Zillow Home Value Index.

Are home values rising in 07105?

Home values in 07105 are down 0.7% over the past year, and up 4.5% a year over five years.

What is the typical rent in 07105?

A typical home in 07105 rents for about $2,246 a month, a gross rental yield of 4.7%.

What is the property tax rate in 07105?

The effective property tax rate in 07105 is 1.8% — roughly $10,302 a year on a typical home.

ZIP code 07105 has a population of 57,093 and a median household income of $59,847.

HousingHandbookReference data

…

U.S. ZIP Code · NJ07105

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

Typical home value

$567,741^[1]

Zillow Home Value Index, as of April 2026

Appreciation

1-year: -0.7%
5-year / yr: +4.5%
10-year / yr: +6.9%

Relative price

vs U.S.: +99.9%
vs metro: -22.2%
vs state: ≈ state median

Price history

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

The typical home in 07105 is worth $567,741 — 22.2% below the New York-Newark-Jersey City, NY-NJ median. Over the past year, values have fallen 0.7%. Homes here rent for a typical $2,246 a month — a 4.7% gross rental yield. The effective property tax rate is 1.8%.

#Rent & investment

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

Monthly rent: $2,246^[2]
Gross yield: 4.7%^[2]
Cap rate: 2.8%^[2]

#Property tax

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

Effective tax rate: 1.8%^[3]
Typical annual tax: $10,302^[3]

#Climate risk

FEMA National Risk Index ratings for Essex 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 High
Hurricane: Relatively Moderate
Tornado: Relatively High
Earthquake: Relatively Moderate
Winter weather: Very High

#Who lives here

Population: 57,093^[3]
Median household income: $59,847^[3]

#Migration

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

Net migration: -3,761^[5]
Moved in: 19,593
Moved out: 23,354

Schools

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

Public schools: 8
Elementary: 7
Middle: 0
High: 1

East Side High School
High · Grades 9–12 · Newark Public School District
2,110 students
Ann Street School
Elementary · Grades K–8 · Newark Public School District
1,236 students
Lafayette Street School
Elementary · Grades PK–8 · Newark Public School District
1,235 students
Oliver Street School
Elementary · Grades PK–8 · Newark Public School District
1,042 students
South Street Elementary School
Elementary · Grades PK–8 · Newark Public School District
870 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 yield4.7%

Net yield (after ~40% expenses)2.8%

Annual rent$26,950

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$2,871

Loan principal$454,193

Down payment$113,548

Total interest paid$579,298

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 ratio1.87

Monthly cost to own$4,200

Monthly rent$2,246

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: 25th percentile^[1]
Rental yield: 40th percentile^[2]
Property tax: 54th percentile^[3]

Frequently asked

How much is a home worth in ZIP code 07105?: The typical home in 07105 is worth $567,741, based on the Zillow Home Value Index.
Are home values rising in 07105?: Home values in 07105 are down 0.7% over the past year, and up 4.5% a year over five years.
What is the typical rent in 07105?: A typical home in 07105 rents for about $2,246 a month, a gross rental yield of 4.7%.
What is the property tax rate in 07105?: The effective property tax rate in 07105 is 1.8% — roughly $10,302 a year on a typical home.
Who lives in 07105?: ZIP code 07105 has a population of 57,093 and a median household income of $59,847.

#Comparable ZIPs

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

07866 vs 07105 →
White Meadow Lake CDP, NJ
Typical home
$567,879
Gross yield
—
08741 vs 07105 →
Pine Beach, NJ
Typical home
$567,467
Gross yield
—
10453
New York, NY
Typical home
$569,229
Gross yield
6.5%
10037
New York, NY
Typical home
$570,026
Gross yield
5.4%
08734
NJ
Typical home
$565,333
Gross yield
—
07504
Paterson, NJ
Typical home
$571,978
Gross yield
—

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#Jump to section

U.S. ZIP Code · NJ07105

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