Gross rental yield of 3.48% — ranked #258 of 275 New Jersey ZIP codes. June 2026 data.
| Metric | 1-year change | 5-year change |
|---|---|---|
| Home value | +8.9% | +53.2% |
| Market rent | — | — |
Metro: New York-Newark-Jersey City, NY-NJ-PA · County: Essex County · Annual rent: $46,380
Similar home values, sorted by yield — the cheapest way to see if 07041 is actually the better buy.
| ZIP | City | ST | Home value | Rent/mo | Yield | P/R | Value 1y |
|---|---|---|---|---|---|---|---|
| 07624 | Closter | NJ | $1,207,485 | $5,333 | 5.30% | 18.9 | +7.1% |
| 07670 | Tenafly | NJ | $1,338,982 | $5,137 | 4.60% | 21.7 | +7.9% |
| 07450 | Ridgewood | NJ | $1,263,651 | $4,279 | 4.06% | 24.6 | +8.6% |
| 08736 | Manasquan | NJ | $1,225,718 | $3,750 | 3.67% | 27.2 | +8.8% |
| 07043 | Montclair | NJ | $1,445,777 | $4,192 | 3.48% | 28.7 | +8.6% |
| 07090 | Westfield | NJ | $1,336,106 | $3,159 | 2.84% | 35.2 | +8.5% |
| 07928 | Chatham | NJ | $1,387,811 | $3,272 | 2.83% | 35.4 | +9.4% |
| 07901 | Summit | NJ | $1,423,496 | $3,006 | 2.53% | 39.5 | +11.1% |
Top rental yields in all of New Jersey →
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