HousingHandbookReference data

U.S. ZIP Code · NJ07661

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

Typical home value

$847,657[1]

Zillow Home Value Index, as of April 2026

Appreciation

1-year
+10.6%
5-year / yr
+6.5%
10-year / yr
+5.4%

Relative price

vs U.S.
+198.4%
vs metro
+16.2%
vs state
+48.8%
ZIP 07661 location in NJ
Location of ZIP 07661 in NJ

Price history

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

The typical home in 07661 is worth $847,657 — 16.2% above the New York-Newark-Jersey City, NY-NJ median. Over the past year, values have risen 10.6%. Homes here rent for a typical $2,242 a month — a 3.2% gross rental yield. 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
$2,242[2]
Gross yield
3.2%[2]
Cap rate
1.9%[2]

#Property tax

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

Effective tax rate
2.3%[3]
Typical annual tax
$19,334[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
12,091[3]
Median household income
$159,028[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
3
Elementary
2
Middle
1
High
0
  • Cherry Hill School

    Elementary · Grades PK–6 · River Edge School District

    722 students

  • River Dell Middle School

    Middle · Grades 7–8 · River Dell Regional School District

    570 students

  • Roosevelt School

    Elementary · Grades K–6 · River Edge School District

    490 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 yield3.2%
Net yield (after ~40% expenses)1.9%
Annual rent$26,900

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$4,286
Loan principal$678,125
Down payment$169,531
Total interest paid$864,911

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 ratio2.95
Monthly cost to own$6,603
Monthly rent$2,242

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
59th percentile[1]
Rental yield
6th percentile[2]
Property tax
90th percentile[3]

Frequently asked

How much is a home worth in ZIP code 07661?
The typical home in 07661 is worth $847,657, based on the Zillow Home Value Index.
Are home values rising in 07661?
Home values in 07661 are up 10.6% over the past year, and up 6.5% a year over five years.
What is the typical rent in 07661?
A typical home in 07661 rents for about $2,242 a month, a gross rental yield of 3.2%.
What is the property tax rate in 07661?
The effective property tax rate in 07661 is 2.3% — roughly $19,334 a year on a typical home.
Who lives in 07661?
ZIP code 07661 has a population of 12,091 and a median household income of $159,028.

#Comparable ZIPs

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

  • North Caldwell, NJ

    Typical home
    $848,619
    Gross yield
    3.8%
  • Park Ridge, NJ

    Typical home
    $844,121
    Gross yield
    4.8%
  • East Setauket CDP, NY

    Typical home
    $843,185
    Gross yield
    5.7%
  • Seaside Park, NJ

    Typical home
    $852,245
    Gross yield
  • New York, NY

    Typical home
    $852,298
    Gross yield
    5.1%
  • Hoboken, NJ

    Typical home
    $852,302
    Gross yield
    5.4%

Want similar ZIPs from outside this metro? Browse nationally similar ZIPs →

Compare ZIPs

Pit ZIP 07661 against any other ZIP — full side-by-side table.

Compare 07661

#Jump to section