HousingHandbookReference data

U.S. ZIP Code · NJ07461

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

Typical home value

$451,580[1]

Zillow Home Value Index, as of April 2026

Appreciation

1-year
+3.6%
5-year / yr
+6.5%
10-year / yr
+6.6%

Relative price

vs U.S.
+59.0%
vs metro
-38.1%
vs state
-20.7%
ZIP 07461 location in NJ
Location of ZIP 07461 in NJ

Price history

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

The typical home in 07461 is worth $451,580 — 38.1% below the New York-Newark-Jersey City, NY-NJ median. Over the past year, values have risen 3.6%. The effective property tax rate is 2.3%.

#Rent & investment

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

Monthly rent
[2]
Gross yield
[2]
Cap rate
[2]

#Property tax

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

Effective tax rate
2.3%[3]
Typical annual tax
$10,279[3]

#Climate risk

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

Overall risk
Relatively Low[4]
Riverine flood
Relatively Moderate
Coastal flood
Not Applicable
Wildfire
Very Low
Drought
Relatively Low
Heat wave
Relatively Low
Hurricane
Relatively Low
Tornado
Relatively Low
Earthquake
Relatively Low
Winter weather
Relatively Moderate

#Who lives here

Population
18,731[3]
Median household income
$106,981[3]

#Migration

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

Net migration
+98[5]
Moved in
3,925
Moved out
3,827

Schools

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

Public schools
4
Elementary
2
Middle
1
High
1
  • High Point Regional High School District

    High · Grades 9–12 · High Point Regional High School District

    803 students

  • Clifton E. Lawrence

    Elementary · Grades PK–2 · Sussex-Wantage Regional School District

    407 students

  • Wantage Elementary School

    Elementary · Grades 3–5 · Sussex-Wantage Regional School District

    354 students

  • Sussex Middle School

    Middle · Grades 6–8 · Sussex-Wantage Regional School District

    313 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.

Gross yield
Net yield (after ~40% expenses)
Annual rent

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.

Monthly payment$2,283
Loan principal$361,264
Down payment$90,316
Total interest paid$460,772

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.

Own : rent ratio
Monthly cost to own$3,518
Monthly rent

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
59th percentile[1]
Rental yield
[2]
Property tax
90th percentile[3]

Frequently asked

How much is a home worth in ZIP code 07461?
The typical home in 07461 is worth $451,580, based on the Zillow Home Value Index.
Are home values rising in 07461?
Home values in 07461 are up 3.6% over the past year, and up 6.5% a year over five years.
What is the property tax rate in 07461?
The effective property tax rate in 07461 is 2.3% — roughly $10,279 a year on a typical home.
Who lives in 07461?
ZIP code 07461 has a population of 18,731 and a median household income of $106,981.

#Comparable ZIPs

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

  • New York, NY

    Typical home
    $452,047
    Gross yield
    8.1%
  • South Bound Brook, NJ

    Typical home
    $452,052
    Gross yield
    4.7%
  • High Bridge, NJ

    Typical home
    $452,082
    Gross yield
  • Layton CDP, NJ

    Typical home
    $450,877
    Gross yield
  • Hopatcong, NJ

    Typical home
    $449,506
    Gross yield
    6.7%
  • Haverstraw, NY

    Typical home
    $449,464
    Gross yield
    8.2%

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