Gross rental yield of 6.21% — ranked #71 of 275 New Jersey ZIP codes. June 2026 data.
| Metric | 1-year change | 5-year change |
|---|---|---|
| Home value | +1.5% | +38.0% |
| Market rent | — | — |
Metro: New York-Newark-Jersey City, NY-NJ-PA · County: Morris County · Annual rent: $31,848
Similar home values, sorted by yield — the cheapest way to see if 07856 is actually the better buy.
| ZIP | City | ST | Home value | Rent/mo | Yield | P/R | Value 1y |
|---|---|---|---|---|---|---|---|
| 08005 | Barnegat | NJ | $510,838 | $2,698 | 6.34% | 15.8 | +4.1% |
| 07885 | Wharton | NJ | $512,863 | $2,658 | 6.22% | 16.1 | +0.8% |
| 08108 | Collingswood | NJ | $511,288 | $2,600 | 6.10% | 16.4 | +8.5% |
| 07801 | Dover | NJ | $515,569 | $2,396 | 5.58% | 17.9 | +1.2% |
| 07202 | Elizabeth | NJ | $512,960 | $2,336 | 5.46% | 18.3 | -0.1% |
| 07108 | Newark | NJ | $512,284 | $2,097 | 4.91% | 20.4 | -1.6% |
| 07206 | Elizabeth | NJ | $511,071 | $2,069 | 4.86% | 20.6 | +1.6% |
| 07107 | Newark | NJ | $515,253 | $1,994 | 4.64% | 21.5 | -3.5% |
Top rental yields in all of New Jersey →
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