How much is a home worth in ZIP code 07936?

The typical home in 07936 is worth $874,471, based on the Zillow Home Value Index.

Are home values rising in 07936?

Home values in 07936 are up 7.0% over the past year, and up 6.6% a year over five years.

What is the typical rent in 07936?

A typical home in 07936 rents for about $3,341 a month, a gross rental yield of 4.6%.

What is the property tax rate in 07936?

The effective property tax rate in 07936 is 1.3% — roughly $10,971 a year on a typical home.

ZIP code 07936 has a population of 11,152 and a median household income of $149,583.

HousingHandbookReference data

…

U.S. ZIP Code · NJ07936

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

Typical home value

$874,471^[1]

Zillow Home Value Index, as of April 2026

Appreciation

1-year: +7.0%
5-year / yr: +6.6%
10-year / yr: +4.6%

Relative price

vs U.S.: +207.8%
vs metro: +19.9%
vs state: +53.5%

Price history

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

The typical home in 07936 is worth $874,471 — 19.9% above the New York-Newark-Jersey City, NY-NJ median. Over the past year, values have risen 7.0%. Homes here rent for a typical $3,341 a month — a 4.6% gross rental yield. The effective property tax rate is 1.3%.

#Rent & investment

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

Monthly rent: $3,341^[2]
Gross yield: 4.6%^[2]
Cap rate: 2.8%^[2]

#Property tax

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

Effective tax rate: 1.3%^[3]
Typical annual tax: $10,971^[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: 11,152^[3]
Median household income: $149,583^[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: 4
Elementary: 2
Middle: 1
High: 1

Hanover Park High School
High · Grades 9–12 · Hanover Park Regional High School District
713 students
Central Elementary School
Elementary · Grades 3–5 · East Hanover Township School District
347 students
Frank J Smith Elementary
Elementary · Grades K–2 · East Hanover Township School District
328 students
East Hanover Middle School
Middle · Grades 6–8 · East Hanover Township School District
319 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 yield4.6%

Net yield (after ~40% expenses)2.8%

Annual rent$40,092

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$4,422

Loan principal$699,577

Down payment$174,894

Total interest paid$892,272

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 ratio1.81

Monthly cost to own$6,061

Monthly rent$3,341

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: 60th percentile^[1]
Rental yield: 34th percentile^[2]
Property tax: 28th percentile^[3]

Frequently asked

How much is a home worth in ZIP code 07936?: The typical home in 07936 is worth $874,471, based on the Zillow Home Value Index.
Are home values rising in 07936?: Home values in 07936 are up 7.0% over the past year, and up 6.6% a year over five years.
What is the typical rent in 07936?: A typical home in 07936 rents for about $3,341 a month, a gross rental yield of 4.6%.
What is the property tax rate in 07936?: The effective property tax rate in 07936 is 1.3% — roughly $10,971 a year on a typical home.
Who lives in 07936?: ZIP code 07936 has a population of 11,152 and a median household income of $149,583.

#Comparable ZIPs

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

10977 vs 07936 →
Chestnut Ridge, NY
Typical home
$874,890
Gross yield
—
07446 vs 07936 →
Ramsey, NJ
Typical home
$873,403
Gross yield
—
10595
Valhalla CDP, NY
Typical home
$872,915
Gross yield
—
11432
New York, NY
Typical home
$876,713
Gross yield
3.2%
08853
Neshanic Station CDP, NJ
Typical home
$872,014
Gross yield
—
11694
New York, NY
Typical home
$870,940
Gross yield
3.5%

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#Jump to section

U.S. ZIP Code · NJ07936

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