How much is a home worth in ZIP code 07869?

The typical home in 07869 is worth $813,553, based on the Zillow Home Value Index.

Are home values rising in 07869?

Home values in 07869 are up 3.6% over the past year, and up 6.7% a year over five years.

What is the typical rent in 07869?

A typical home in 07869 rents for about $2,069 a month, a gross rental yield of 3.1%.

What is the property tax rate in 07869?

The effective property tax rate in 07869 is 2.0% — roughly $16,504 a year on a typical home.

ZIP code 07869 has a population of 26,022 and a median household income of $169,497.

HousingHandbookReference data

…

U.S. ZIP Code · NJ07869

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

Typical home value

$813,553^[1]

Zillow Home Value Index, as of April 2026

Appreciation

1-year: +3.6%
5-year / yr: +6.7%
10-year / yr: +4.8%

Relative price

vs U.S.: +186.4%
vs metro: +11.5%
vs state: +42.8%

Price history

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

The typical home in 07869 is worth $813,553 — 11.5% above the New York-Newark-Jersey City, NY-NJ median. Over the past year, values have risen 3.6%. Homes here rent for a typical $2,069 a month — a 3.1% gross rental yield. The effective property tax rate is 2.0%.

#Rent & investment

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

Monthly rent: $2,069^[2]
Gross yield: 3.1%^[2]
Cap rate: 1.8%^[2]

#Property tax

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

Effective tax rate: 2.0%^[3]
Typical annual tax: $16,504^[3]

#Climate risk

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

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

#Who lives here

Population: 26,022^[3]
Median household income: $169,497^[3]

#Migration

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

Net migration: -1,398^[5]
Moved in: 12,996
Moved out: 14,394

Schools

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

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

Randolph High School
High · Grades 9–12 · Randolph Township School District
1,299 students
Randolph Middle School
Middle · Grades 6–8 · Randolph Township School District
944 students
Center Grove School
Elementary · Grades PK–5 · Randolph Township School District
548 students
Fernbrook School
Elementary · Grades K–5 · Randolph Township School District
504 students
Ironia School
Elementary · Grades K–5 · Randolph Township School District
498 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 yield3.1%

Net yield (after ~40% expenses)1.8%

Annual rent$24,825

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$4,114

Loan principal$650,842

Down payment$162,711

Total interest paid$830,114

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 ratio2.98

Monthly cost to own$6,168

Monthly rent$2,069

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: 65th percentile^[1]
Rental yield: 5th percentile^[2]
Property tax: 73rd percentile^[3]

Frequently asked

How much is a home worth in ZIP code 07869?: The typical home in 07869 is worth $813,553, based on the Zillow Home Value Index.
Are home values rising in 07869?: Home values in 07869 are up 3.6% over the past year, and up 6.7% a year over five years.
What is the typical rent in 07869?: A typical home in 07869 rents for about $2,069 a month, a gross rental yield of 3.1%.
What is the property tax rate in 07869?: The effective property tax rate in 07869 is 2.0% — roughly $16,504 a year on a typical home.
Who lives in 07869?: ZIP code 07869 has a population of 26,022 and a median household income of $169,497.

#Comparable ZIPs

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

11561 vs 07869 →
Long Beach, NY
Typical home
$812,698
Gross yield
5.9%
11370 vs 07869 →
New York, NY
Typical home
$814,540
Gross yield
3.9%
10560
Peach Lake CDP, NY
Typical home
$815,231
Gross yield
—
11581
Valley Stream, NY
Typical home
$811,692
Gross yield
4.9%
07045
Pine Brook CDP, NJ
Typical home
$816,173
Gross yield
—
11423
New York, NY
Typical home
$816,301
Gross yield
—

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#Jump to section

U.S. ZIP Code · NJ07869

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