Gross rental yield of 4.57% — ranked #209 of 275 New Jersey ZIP codes. June 2026 data.
| Metric | 1-year change | 5-year change |
|---|---|---|
| Home value | +5.5% | +27.6% |
| Market rent | +3.4% | — |
Metro: New York-Newark-Jersey City, NY-NJ-PA · County: Union County · Annual rent: $36,492
Similar home values, sorted by yield — the cheapest way to see if 07016 is actually the better buy.
| ZIP | City | ST | Home value | Rent/mo | Yield | P/R | Value 1y |
|---|---|---|---|---|---|---|---|
| 07981 | Whippany | NJ | $769,507 | $3,612 | 5.63% | 17.8 | +5.5% |
| 07044 | Verona | NJ | $784,597 | $3,348 | 5.12% | 19.5 | +6.1% |
| 07748 | Middletown | NJ | $795,855 | $3,225 | 4.86% | 20.6 | +6.0% |
| 07719 | Wall | NJ | $833,304 | $3,307 | 4.76% | 21.0 | +4.9% |
| 07726 | Manalapan Township | NJ | $796,504 | $2,701 | 4.07% | 24.6 | +2.7% |
| 07657 | Ridgefield | NJ | $794,085 | $2,517 | 3.80% | 26.3 | +7.3% |
| 08033 | Haddonfield | NJ | $819,588 | $2,142 | 3.14% | 31.9 | +7.9% |
| 07869 | Randolph | NJ | $829,295 | $2,049 | 2.96% | 33.7 | +3.9% |
Top rental yields in all of New Jersey →
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