How much is a home worth in ZIP code 07631?

The typical home in 07631 is worth $616,474, based on the Zillow Home Value Index.

Are home values rising in 07631?

Home values in 07631 are up 0.6% over the past year, and up 5.3% a year over five years.

What is the typical rent in 07631?

A typical home in 07631 rents for about $3,204 a month, a gross rental yield of 6.2%.

What is the property tax rate in 07631?

The effective property tax rate in 07631 is 1.8% — roughly $11,235 a year on a typical home.

ZIP code 07631 has a population of 29,638 and a median household income of $102,571.

HousingHandbookReference data

…

U.S. ZIP Code · NJ07631

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

Typical home value

$616,474^[1]

Zillow Home Value Index, as of April 2026

Appreciation

1-year: +0.6%
5-year / yr: +5.3%
10-year / yr: +5.0%

Relative price

vs U.S.: +117.0%
vs metro: -15.5%
vs state: +8.2%

Price history

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

The typical home in 07631 is worth $616,474 — 15.5% below the New York-Newark-Jersey City, NY-NJ median. Over the past year, values have risen 0.6%. Homes here rent for a typical $3,204 a month — a 6.2% 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: $3,204^[2]
Gross yield: 6.2%^[2]
Cap rate: 3.7%^[2]

#Property tax

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

Effective tax rate: 1.8%^[3]
Typical annual tax: $11,235^[3]

#Climate risk

FEMA National Risk Index ratings for Bergen 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: Relatively Low
Heat wave: Relatively High
Hurricane: Relatively Moderate
Tornado: Relatively High
Earthquake: Relatively Moderate
Winter weather: Very High

#Who lives here

Population: 29,638^[3]
Median household income: $102,571^[3]

#Migration

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

Net migration: -2,294^[5]
Moved in: 22,624
Moved out: 24,918

Schools

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

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

Dwight Morrow High School/Academies@Englewood
High · Grades 9–12 · Englewood Public School District
1,078 students
Janis E. Dismus Middle School
Middle · Grades 6–8 · Englewood Public School District
525 students
Dr. Leroy McCloud Elementary School
Elementary · Grades 3–5 · Englewood Public School District
481 students
Donald A. Quarles Early Childhood Center
Elementary · Grades PK–K · Englewood Public School District
431 students
Dr. John Grieco Elementary School
Elementary · Grades 1–2 · Englewood Public School District
353 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 yield6.2%

Net yield (after ~40% expenses)3.7%

Annual rent$38,443

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$3,117

Loan principal$493,179

Down payment$123,295

Total interest paid$629,023

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 ratio1.43

Monthly cost to own$4,566

Monthly rent$3,204

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: 33rd percentile^[1]
Rental yield: 83rd percentile^[2]
Property tax: 55th percentile^[3]

Frequently asked

How much is a home worth in ZIP code 07631?: The typical home in 07631 is worth $616,474, based on the Zillow Home Value Index.
Are home values rising in 07631?: Home values in 07631 are up 0.6% over the past year, and up 5.3% a year over five years.
What is the typical rent in 07631?: A typical home in 07631 rents for about $3,204 a month, a gross rental yield of 6.2%.
What is the property tax rate in 07631?: The effective property tax rate in 07631 is 1.8% — roughly $11,235 a year on a typical home.
Who lives in 07631?: ZIP code 07631 has a population of 29,638 and a median household income of $102,571.

#Comparable ZIPs

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

08801 vs 07631 →
Annandale CDP, NJ
Typical home
$616,554
Gross yield
—
11004 vs 07631 →
New York, NY
Typical home
$616,560
Gross yield
7.4%
07730
Union Beach, NJ
Typical home
$616,568
Gross yield
5.1%
10541
Mahopac CDP, NY
Typical home
$615,669
Gross yield
—
07407
Elmwood Park, NJ
Typical home
$618,155
Gross yield
4.9%
11749
Islandia, NY
Typical home
$618,281
Gross yield
—

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#Jump to section

U.S. ZIP Code · NJ07631

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