Gross rental yield of 5.78% — ranked #95 of 275 New Jersey ZIP codes. June 2026 data.
| Metric | 1-year change | 5-year change |
|---|---|---|
| Home value | +4.0% | +32.6% |
| Market rent | -0.3% | — |
Metro: New York-Newark-Jersey City, NY-NJ-PA · County: Morris County · Annual rent: $42,516
Similar home values, sorted by yield — the cheapest way to see if 07950 is actually the better buy.
| ZIP | City | ST | Home value | Rent/mo | Yield | P/R | Value 1y |
|---|---|---|---|---|---|---|---|
| 07410 | Fair Lawn | NJ | $734,144 | $3,772 | 6.17% | 16.2 | +6.4% |
| 07701 | Red Bank | NJ | $730,041 | $3,162 | 5.20% | 19.2 | +7.8% |
| 07005 | Boonton | NJ | $733,564 | $3,003 | 4.91% | 20.4 | +3.4% |
| 08807 | Bridgewater Township | NJ | $742,840 | $3,027 | 4.89% | 20.5 | +1.9% |
| 08889 | Whitehouse Station | NJ | $724,162 | $2,848 | 4.72% | 21.2 | +2.1% |
| 07054 | Parsippany | NJ | $743,410 | $2,900 | 4.68% | 21.4 | +3.1% |
| 07081 | Springfield | NJ | $724,333 | $2,694 | 4.46% | 22.4 | +0.3% |
| 08751 | Seaside Heights | NJ | $735,366 | $2,419 | 3.95% | 25.3 | +8.2% |
Top rental yields in all of New Jersey →
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