Rental numbers for New Jersey
2 of 256 ZIP codes with full Zillow data in this state are cash-flow positive; the median gross yield is 5.2%.
- Gross yield
- n/a
- no Zillow rent index
- Median ZIP yield
- 5.2%
- 256 ZIPs with full data
- Cash flow
- n/a
- at 7.78%, 25% down
- Typical price
- $580,000
- Zillow ZHVI, Aug 2026
- Typical rent
- $2,519/mo
- median across 256 tier A ZIPs, Aug 2026
Counties
Gross yield uses Zillow county rent where published, otherwise the median ZIP yield
| Cumberland County | $279,000 | $1,730 | 7.4% | 2.5% | -$912 | +4.8% |
| Salem County | $301,000 | $1,713 | 6.8% | 1.4% | -$1,266 | n/a |
| Mercer County | $445,000 | $2,513 | 6.8% | 2.1% | -$1,603 | +2.9% |
| Camden County | $359,000 | $2,009 | 6.7% | 1.5% | -$1,481 | +3.5% |
| Gloucester County | $386,000 | $2,084 | 6.5% | 1.6% | -$1,569 | +2.9% |
| Burlington County | $423,000 | $2,279 | 6.5% | 1.9% | -$1,593 | +3.7% |
| Atlantic County | $386,000 | $2,059 | 6.4% | 1.8% | -$1,492 | +5.1% |
| Sussex County | $450,000 | $2,221 | 5.9% | 1.5% | -$1,880 | +3.6% |
| Warren County | $426,000 | $2,075 | 5.9% | 1.3% | -$1,824 | +2.2% |
| Ocean County | $551,000 | $2,648 | 5.8% | 2.1% | -$2,026 | +2.9% |
| Hudson County | $640,000 | $3,056 | 5.7% | 1.9% | -$2,411 | +2.9% |
| Middlesex County | $588,000 | $2,548 | 5.2% | 1.1% | -$2,615 | +1.4% |
| Morris County | $710,000 | $2,866 | 4.9% | 1.3% | -$3,082 | +1.1% |
| Somerset County | $667,000 | $2,665 | 4.8% | 1.1% | -$2,981 | +2.9% |
| Hunterdon County | $636,000 | $2,533 | 4.8% | 0.9% | -$2,920 | -0.5% |
| Union County | $634,000 | $2,522 | 4.8% | 1.0% | -$2,893 | +2.7% |
| Passaic County | $600,000 | $2,230 | 4.5% | 0.4% | -$3,023 | +1.6% |
| Bergen County | $787,000 | $2,899 | 4.4% | 1.0% | -$3,569 | +3.0% |
| Monmouth County | $794,000 | $2,867 | 4.3% | 0.9% | -$3,679 | +4.0% |
| Essex County | $665,000 | $2,286 | 4.1% | 0.4% | -$3,352 | +0.8% |
| Cape May County | $806,000 | $1,952 | 2.9% | 0.1% | -$4,286 | +10.9% |
Highest-yield ZIP codes in New Jersey
Tier A only: Zillow value against Zillow rent
| ZIP | Typical price | Rent | Gross yield | Cash flow /mo |
|---|---|---|---|---|
| 08102Camden | $134,000 | $2,016 | 18.1% | +$473 |
| 08104Camden | $135,000 | $1,698 | 15.1% | +$230 |
| 08611Trenton | $202,000 | $1,940 | 11.5% | -$196 |
| 08609Trenton | $213,000 | $1,922 | 10.8% | -$262 |
| 08015Browns Mills | $336,000 | $2,694 | 9.6% | -$462 |
| 08046Willingboro Township | $359,000 | $2,878 | 9.6% | -$652 |
| 08330Mays Landing | $312,000 | $2,488 | 9.6% | -$582 |
| 08110Pennsauken | $296,000 | $2,335 | 9.5% | -$612 |
| 08757Toms River | $347,000 | $2,694 | 9.3% | -$327 |
| 08401Atlantic City | $223,000 | $1,722 | 9.3% | -$525 |
Trends
Five years to August 2026
- Price, 12 months
- +3.9%
- Rent, 12 months
- n/a
- Rent minus price growth
- n/a
- Property tax
- 2.11%
- effective rate, ACS 2024
Show the numbers
| Month | Typical value |
|---|---|
| Aug 2021 | $428,578 |
| Aug 2022 | $472,679 |
| Aug 2023 | $497,158 |
| Aug 2024 | $538,847 |
| Aug 2025 | $558,582 |
| Aug 2026 | $580,353 |
Costs that vary by state
- Effective property tax
- 2.11%
- Census ACS 2024
- Landlord insurance default
- $1,861/yr
- NAIC HO-3 $1,551 x 1.2
- Permits per 1,000 households
- 9.0
- last 12 months
- Median typical price
- $591,000
- tier A ZIPs
Metros
Questions
- Is New Jersey good for rental property?
- 2 of 256 ZIP codes with full Zillow data in this state are cash-flow positive; the median gross yield is 5.2%. Cash flow assumes the typical home in each ZIP, 7.78% with 25% down and the default costs.
- What is the average property tax rate in New Jersey?
- About 2.11% of value statewide (Census ACS median taxes paid over median value). Rates vary widely by county; the county table above links to each.
- What does landlord insurance cost in New Jersey?
- NAIC's 2023 average homeowners (HO-3) premium in New Jersey was $1,551. Landlord policies usually cost more, so this site assumes $1,861 a year. Quotes depend on the property, coverage and claims history.
Sources and method
- Zillow Home Value Index (ZHVI), mid tier, smoothed and seasonally adjusted
Zillow Research. Read: 2026-08.
Typical home value by ZIP, county, metro and state, and the price trend.
- Zillow Observed Rent Index (ZORI), all homes plus multifamily, smoothed
Zillow Research. Read: 2026-08.
Typical market rent by ZIP, county and metro, and the rent trend (tier A pages).
- HUD Small Area Fair Market Rents, FY2026
US Department of Housing and Urban Development. Read: FY2026.
Rent by bedroom count for every ZIP. The rent used on tier B pages, and a reference on all pages. It is the 40th percentile gross rent, so it runs below market.
- American Community Survey 5-year estimates, 2020 to 2024 (B25103 median real estate taxes paid, B25077 median home value, B11001 households)
US Census Bureau. Read: 2020 to 2024.
Effective property tax rate (median taxes paid divided by median value) by ZIP code tabulation area, county and state; households for the permits ratio.
- Freddie Mac Primary Mortgage Market Survey, 30-year fixed (FRED series MORTGAGE30US)
Freddie Mac via the Federal Reserve Bank of St. Louis. Read: 2026-09-24.
The weekly 30-year rate. The site adds a disclosed investor premium to it for the loan payment.
- Building Permits Survey, county monthly files
US Census Bureau. Read: 2025-09 to 2026-08.
New housing units permitted in the last 12 months per 1,000 households, a supply-pressure signal.
- NAIC Homeowners Insurance Report, data for 2023
National Association of Insurance Commissioners. Read: 2023.
Average HO-3 homeowners premium by state, multiplied by 1.2 as a landlord-policy assumption.
Data: Zillow Research (ZHVI, ZORI), HUD, US Census Bureau, Freddie Mac. Every formula is on the methodology page.
Estimates from public data for a typical property. Not investment, tax or legal advice. Your property, financing and costs will differ.