Gross rental yield of 5.63% — ranked #104 of 275 New Jersey ZIP codes. June 2026 data.
| Metric | 1-year change | 5-year change |
|---|---|---|
| Home value | +5.5% | +29.6% |
| Market rent | — | — |
Metro: New York-Newark-Jersey City, NY-NJ-PA · County: Morris County · Annual rent: $43,344
Similar home values, sorted by yield — the cheapest way to see if 07981 is actually the better buy.
| ZIP | City | ST | Home value | Rent/mo | Yield | P/R | Value 1y |
|---|---|---|---|---|---|---|---|
| 07927 | Cedar Knolls | NJ | $763,125 | $3,449 | 5.42% | 18.4 | +3.7% |
| 07044 | Verona | NJ | $784,597 | $3,348 | 5.12% | 19.5 | +6.1% |
| 07712 | Ocean | NJ | $761,714 | $2,981 | 4.70% | 21.3 | +4.6% |
| 08057 | Moorestown Township | NJ | $759,946 | $2,643 | 4.17% | 24.0 | +4.7% |
| 07307 | Jersey City | NJ | $756,552 | $2,585 | 4.10% | 24.4 | +1.0% |
| 07470 | Wayne | NJ | $758,186 | $2,461 | 3.89% | 25.7 | +6.4% |
| 07070 | Rutherford | NJ | $762,951 | $2,418 | 3.80% | 26.3 | +5.0% |
| 07657 | Ridgefield | NJ | $794,085 | $2,517 | 3.80% | 26.3 | +7.3% |
Top rental yields in all of New Jersey →
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