Gross rental yield of 4.75% — ranked #193 of 275 New Jersey ZIP codes. June 2026 data.
| Metric | 1-year change | 5-year change |
|---|---|---|
| Home value | +2.3% | +30.9% |
| Market rent | +2.6% | +35.9% |
Metro: New York-Newark-Jersey City, NY-NJ-PA · County: Essex County · Annual rent: $29,304
Similar home values, sorted by yield — the cheapest way to see if 07003 is actually the better buy.
| ZIP | City | ST | Home value | Rent/mo | Yield | P/R | Value 1y |
|---|---|---|---|---|---|---|---|
| 07871 | Sparta Township | NJ | $621,911 | $3,300 | 6.37% | 15.7 | +3.2% |
| 08055 | Medford Township | NJ | $626,011 | $3,095 | 5.93% | 16.9 | +3.9% |
| 07603 | Bogota | NJ | $625,565 | $2,957 | 5.67% | 17.6 | +1.8% |
| 08831 | Monroe Township | NJ | $613,896 | $2,834 | 5.54% | 18.1 | +1.4% |
| 08854 | Piscataway | NJ | $604,709 | $2,669 | 5.30% | 18.9 | +2.3% |
| 08876 | Somerville | NJ | $614,049 | $2,530 | 4.94% | 20.2 | +1.7% |
| 07407 | Elmwood Park | NJ | $625,940 | $2,489 | 4.77% | 21.0 | +3.6% |
| 07660 | Ridgefield Park | NJ | $606,159 | $2,122 | 4.20% | 23.8 | +0.5% |
Top rental yields in all of New Jersey →
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