Gross rental yield of 4.23% — ranked #228 of 275 New Jersey ZIP codes. June 2026 data.
| Metric | 1-year change | 5-year change |
|---|---|---|
| Home value | +2.4% | +39.0% |
| Market rent | +1.9% | +26.3% |
Metro: Trenton-Princeton, NJ · County: Mercer County · Annual rent: $42,108
Similar home values, sorted by yield — the cheapest way to see if 08540 is actually the better buy.
| ZIP | City | ST | Home value | Rent/mo | Yield | P/R | Value 1y |
|---|---|---|---|---|---|---|---|
| 07645 | Montvale | NJ | $943,118 | $4,257 | 5.42% | 18.5 | +5.0% |
| 07920 | Basking Ridge | NJ | $947,125 | $3,805 | 4.82% | 20.7 | +4.0% |
| 08550 | West Windsor Township | NJ | $1,041,163 | $3,551 | 4.09% | 24.4 | +1.3% |
| 07042 | Montclair | NJ | $975,743 | $2,971 | 3.65% | 27.4 | +5.5% |
| 07040 | Maplewood | NJ | $990,539 | $2,705 | 3.28% | 30.5 | +4.9% |
| 07756 | Neptune Township | NJ | $949,467 | $2,558 | 3.23% | 30.9 | +5.3% |
| 07650 | Palisades Park | NJ | $995,510 | $2,666 | 3.21% | 31.1 | +8.8% |
| 07974 | New Providence | NJ | $1,030,146 | $2,439 | 2.84% | 35.2 | +6.3% |
Top rental yields in all of New Jersey →
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