HousingHandbookReference data

U.S. ZIP Code · NJ07753

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

Typical home value

$579,847[1]

Zillow Home Value Index, as of April 2026

Appreciation

1-year
+3.8%
5-year / yr
+7.8%
10-year / yr
+7.5%

Relative price

vs U.S.
+104.1%
vs metro
-20.5%
vs state
+1.8%
ZIP 07753 location in NJ
Location of ZIP 07753 in NJ

Price history

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

The typical home in 07753 is worth $579,847 — 20.5% below the New York-Newark-Jersey City, NY-NJ median. Over the past year, values have risen 3.8%. Homes here rent for a typical $2,962 a month — a 6.1% 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
$2,962[2]
Gross yield
6.1%[2]
Cap rate
3.7%[2]

#Property tax

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

Effective tax rate
1.7%[3]
Typical annual tax
$9,660[3]

#Climate risk

FEMA National Risk Index ratings for Monmouth 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 High
Hurricane
Relatively Moderate
Tornado
Relatively Low
Earthquake
Relatively Moderate
Winter weather
Very High

#Who lives here

Population
37,297[3]
Median household income
$95,712[3]

#Migration

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

Net migration
-1,755[5]
Moved in
13,705
Moved out
15,460

Schools

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

Public schools
10
Elementary
6
Middle
1
High
2
  • Neptune High School

    High · Grades 9–12 · Neptune Township School District

    1,102 students

  • Neptune Middle School

    Middle · Grades 6–8 · Neptune Township School District

    625 students

  • College Achieve Greater Asbury Park Charter School District

    Other · Grades K–12 · College Achieve Greater Asbury Park Charter School

    582 students

  • Midtown Community Elementary School

    Elementary · Grades PK–5 · Neptune Township School District

    430 students

  • Summerfield Elementary School

    Elementary · Grades PK–5 · Neptune Township School District

    380 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 yield6.1%
Net yield (after ~40% expenses)3.7%
Annual rent$35,548

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$2,932
Loan principal$463,878
Down payment$115,969
Total interest paid$591,651

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 ratio1.43
Monthly cost to own$4,222
Monthly rent$2,962

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
85th percentile[1]
Rental yield
81st percentile[2]
Property tax
45th percentile[3]

Frequently asked

How much is a home worth in ZIP code 07753?
The typical home in 07753 is worth $579,847, based on the Zillow Home Value Index.
Are home values rising in 07753?
Home values in 07753 are up 3.8% over the past year, and up 7.8% a year over five years.
What is the typical rent in 07753?
A typical home in 07753 rents for about $2,962 a month, a gross rental yield of 6.1%.
What is the property tax rate in 07753?
The effective property tax rate in 07753 is 1.7% — roughly $9,660 a year on a typical home.
Who lives in 07753?
ZIP code 07753 has a population of 37,297 and a median household income of $95,712.

#Comparable ZIPs

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

  • Union CDP, NJ

    Typical home
    $579,516
    Gross yield
    5.3%
  • New York, NY

    Typical home
    $580,618
    Gross yield
    4.9%
  • Paterson, NJ

    Typical home
    $578,940
    Gross yield
  • Garfield, NJ

    Typical home
    $580,934
    Gross yield
    5.0%
  • Dunellen, NJ

    Typical home
    $581,160
    Gross yield
    5.3%
  • Kearny, NJ

    Typical home
    $581,183
    Gross yield
    5.0%

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