State rental market analysis · NJ

New Jersey rental markets

198 tracked cities over 5,000 population, 190 ranked and summarized by their median Overall; 1 of 186 evaluable cities pass the modeled Buy & Hold screen. Every number traces to Census, Zillow and BLS. Compare state coverage and results →

Browse every New Jersey ZIP Code area → · the full server-rendered index for this state.

Part of the Middle Atlantic Census division (Northeast region).

35.4 median Overall
Middle range 29.7 to 41.6 (25th to 75th percentile of its cities)Median Cash Flow 17.3 · Growth 54.7 · Stability 50.1Ranked #36 of 37 coverage-eligible states by median Overall scoredistribution across 190 ranked cities, not a distribution point estimate. As of 2026-07-10

The honest read

New Jersey ranks #36 of 37 coverage-eligible states for rental investing, with a median Overall of 35.4/100 across its ranked cities, below the national median. 190 ranked cities roll up into this grade. Its strongest factor is home-value growth: 5.9%, 5th of 51.

The biggest drag is low unemployment: 5.3%, 49th of 51. A state grade is the median of its ranked cities, a screen for where to look, not underwriting. Open any city below for its full shown-math breakdown, or run a specific deal through the cap rate and cash-flow calculators.

Where it ranks, factor by factor

Every value is the median across the 190 ranked cities in this state. The national rank compares all 51 states on that one factor; the engine already flips inverted factors (affordability, low unemployment) so a better rank always means a better market. Each factor sits in one of the model’s three categories (Cash Flow, Growth, or Stability); this is a representative summary, and the full thirteen-factor breakdown is on each city’s page. Full methodology.

FactorCategoryState valueNational rank
Gross rent yieldCash Flow5.5%#34 of 51
Rent growthGrowth4.5%#15 of 51
Home value growthGrowth5.9%#5 of 51
Population growthGrowth0.7%#21 of 51
Job growthGrowth0.7%#26 of 51
Price-to-incomeCash Flow6.6×#45 of 51
UnemploymentStability5.3%#49 of 51
Rental demandStability51% renters · 3.9% vacancytwo-part measure
Income growthGrowth5.5%#14 of 51

Every city in New Jersey, ranked

Led by Palmyra at 62/100. Click any column to re-sort; every city links to its full shown-math breakdown.

NJ rankCityGradeCash FlowGrowthStabilityTypical home valueGross yieldNational rank
1 medPalmyra62BCC$314,1798.7%#576
2 medWaldwick61CBB$764,1917.0%#643
3 medBeachwood60BBC$471,7777.9%#701
4 medPine Hill58CCC$287,6148.3%#861
5 medGloucester City58BCC$243,4699.3%#938
6Hopatcong57BCC$458,7087.6%#1073
7 medBurlington56BBD$239,0008.2%#1156
8Fair Lawn54DBB$729,0285.9%#1363
9 medRoseland54CBB$826,5895.9%#1418
10 medRunnemede54CCC$321,1426.8%#1440
11Fort Lee53CCC$599,3467.8%#1462
12Keansburg53CCC$394,3148.1%#1563
13 medLinwood51CCC$504,3396.7%#1850
14Pleasantville50BCD$249,3889.6%#1898
15Edgewater50CBC$710,7746.3%#1964
16Camden50ACD$152,10714.4%#1994
17Glassboro50BBD$372,6138.6%#2001
18Morris Plains49DCB$731,6795.8%#2041
19Paramus49DCB$1,079,1096.1%#2078
20 medOld Tappan49DBB$1,249,4244.4%#2160
21Secaucus49DBC$657,7465.4%#2165
22 medNorthfield49CCC$398,6397.0%#2180
23 medWashington48DCC$263,3006.1%#2283
24Guttenberg48CCC$415,6317.0%#2322
25 medUnion Beach48CCC$545,5956.7%#2332
26Raritan47DBB$555,7275.4%#2382
27 medPaulsboro47DBC$244,1305.8%#2458
28 medMountainside46DBC$1,064,6825.2%#2517
29Hoboken46CCC$883,4275.4%#2530
30Sayreville46DCC$535,7776.4%#2606
31Pitman46DCC$368,1236.2%#2634
32Cliffside Park45DCB$642,6655.6%#2657
33 medMount Arlington45CCC$422,9006.8%#2679
34Somerdale45DCC$356,1016.4%#2709
35 medStratford45DCC$350,6305.2%#2715
36Clementon45DBD$317,0616.9%#2735
37Hackettstown44DCB$476,1356.4%#2797
38Bogota44DBB$623,7016.1%#2804
39 medAudubon44DCC$390,5475.0%#2829
40 medWestwood44DBB$777,2354.9%#2862
41Phillipsburg44DCC$343,6657.1%#2912
42Bellmawr43DCC$317,5786.5%#2973
43 medBridgeton43BCF$258,24411.1%#3048
44Princeton43DCB$970,8314.3%#3065
45West New York42DCD$450,1936.7%#3096
46Somerville42FBB$552,1745.3%#3101
47 medClayton42DBD$328,1935.9%#3104
48Wood-Ridge42FBB$704,1204.8%#3175
49Park Ridge42FBB$862,2434.1%#3200
50Tinton Falls42DCC$656,1875.8%#3204
51 medHaddon Heights41DCC$509,1073.6%#3224
52New Brunswick41CCD$448,0967.3%#3242
53 medUpper Saddle River41FBB$1,459,7793.8%#3241
54 medOradell41FBB$1,020,1003.7%#3245
55Millville41BDD$261,5977.7%#3282
56 medAbsecon41CCD$349,1677.6%#3314
57Closter41FCB$1,207,5794.6%#3353
58Metuchen40DCC$687,8054.7%#3386
59 medLincoln Park40DCB$546,3515.0%#3416
60Glen Ridge40FBB$1,185,2444.0%#3447
61 medFanwood40DCC$809,2174.6%#3470
62 medBergenfield40FBB$647,0124.3%#3481
63Point Pleasant39FCB$768,9404.7%#3516
64 medHightstown39DCC$469,7725.6%#3520
65Haddonfield39FBC$860,1602.9%#3521
66Hackensack39DCD$474,7016.8%#3524
67 medLittle Silver39DCB$1,208,6714.4%#3539
68East Rutherford39FBC$658,9665.3%#3551
69Woodbury39DBC$341,7627.0%#3555
70Dumont39FBB$677,2695.0%#3565
71Wharton39DCB$498,0126.1%#3576
72Harrison39DBD$580,7255.5%#3599
73 medNorwood39FCB$914,7413.5%#3602
74 medNorth Caldwell38DCB$1,185,8624.4%#3614
75Jersey City38DBD$657,7655.8%#3640
76South Amboy38DBC$530,9495.9%#3649
77Englewood38FCB$633,5955.4%#3653
78 medPompton Lakes38DCC$560,9215.0%#3657
79Atlantic City38BCF$223,2989.3%#3661
80Hawthorne38FCB$647,1325.2%#3689
81Vineland38CCD$314,2477.4%#3700
82 medNorth Haledon38DCC$719,7175.2%#3703
83Carteret38DCC$564,8395.4%#3711
84South Plainfield37DCD$594,0565.4%#3713
85Roselle37FBC$521,0255.8%#3729
86 medRingwood37DCC$610,8094.7%#3787
87Keyport37DCC$511,3856.0%#3792
88Lindenwold36DBD$273,2877.3%#3805
89 medHammonton36DCC$384,6925.5%#3819
90 medBarrington36DCC$379,2325.8%#3828
91 medBloomingdale36DCC$561,3694.9%#3839
92 medRoselle Park36FBC$549,8454.5%#3846
93 medHaledon36FBB$567,4205.3%#3851
94Midland Park36DCC$761,2415.2%#3866
95Rutherford36FBB$766,4963.9%#3894
96Jamesburg35DCC$464,4264.8%#3912
97 medRockaway35DDB$448,1004.2%#3914
98 medKinnelon35DDB$863,7323.9%#3918
99Matawan35FCB$664,7864.8%#3922
100 medWanaque35DCC$508,0605.3%#3935
101 medMontvale35FBC$944,7033.5%#3949
102 medOakland35FCB$774,6102.8%#3961
103 medGlen Rock35FCB$1,103,0002.7%#3981
104 medFlorham Park35DCD$1,061,3514.7%#3982
105 medHillsdale34FCC$866,5093.1%#4008
106 medMilltown34FCC$618,3553.1%#4013
107Maywood34FCB$702,0584.7%#4017
108River Edge34FCB$861,2803.2%#4062
109Tenafly33FCB$1,330,2253.9%#4075
110 medEmerson33FCB$798,3063.5%#4089
111 medRamsey33FCB$893,4353.9%#4095
112Manville33FCC$483,7365.3%#4109
113Ridgewood33FCB$1,269,4754.0%#4111
114Linden33FCC$554,3885.4%#4117
115Clifton33FBC$612,9375.2%#4129
116Westfield33FBB$1,315,1312.9%#4136
117Somers Point33FCC$434,8775.7%#4141
118Red Bank32FCC$740,4935.2%#4146
119Perth Amboy32FCC$500,0795.7%#4149
120North Plainfield32FCC$498,9075.2%#4153
121 medCresskill32FCC$1,037,1683.8%#4165
122Bound Brook32FBC$519,4504.8%#4189
123Salem32FCC$235,0168.4%#4194
124North Arlington32FCB$634,5605.0%#4211
125 medFair Haven31FCB$1,615,2264.2%#4224
126Elmwood Park31FCC$622,0184.8%#4227
127 medCarlstadt31FCB$675,0483.3%#4239
128Highland Park31FCC$594,3935.0%#4256
129Dover31FDB$518,1705.3%#4261
130Madison31FDB$1,032,8523.8%#4259
131 medButler31FCC$566,3914.3%#4270
132Collingswood31FCC$460,2214.2%#4272
133Chatham31FCB$1,377,1072.8%#4273
134 medDunellen30FCC$539,6435.6%#4276
135Franklin Lakes30FBB$1,642,9022.7%#4278
136 medWoodcliff Lake30FCB$1,280,6752.4%#4301
137Ridgefield30FBB$785,8653.7%#4307
138 medMiddlesex30FCC$551,3663.8%#4310
139 medTotowa30FCC$664,4584.4%#4311
140Garfield30FBC$588,8795.1%#4312
141 medSouth River30FCD$541,3055.0%#4315
142 medEnglewood Cliffs30FCB$1,813,5903.0%#4314
143Trenton30DCD$348,5026.9%#4320
144 medKenilworth30FCD$634,3424.6%#4324
145Newark29FBD$481,8505.3%#4340
146 medRidgefield Park29FCB$604,2534.2%#4345
147Freehold29FCC$657,1145.3%#4360
148 medBoonton29FCC$681,1604.5%#4367
149Rahway29FCD$540,7335.5%#4387
150 medBernardsville28FCF$1,045,9453.5%#4413
151Lodi28FBC$630,2594.5%#4416
152 medWoodland Park28FCC$650,4764.4%#4427
153 medBerlin28DCF$396,8445.1%#4430
154Asbury Park28FCC$710,0564.7%#4434
155Caldwell28FCC$740,7894.5%#4441
156 medHasbrouck Heights28FCC$721,6373.7%#4444
157Little Ferry27FCC$604,9345.0%#4461
158 medWatchung27FCC$1,081,7633.7%#4459
159Plainfield27FBD$519,4515.0%#4464
160 medNew Milford27FCB$746,2703.6%#4472
161Bayonne27FBD$592,9164.9%#4481
162Morristown27FCB$910,4563.9%#4482
163New Providence26FCC$1,011,4713.7%#4498
164 medSpotswood26FCC$573,3243.5%#4500
165Newton26FCC$451,5575.6%#4511
166 medLeonia26FCC$829,7283.7%#4514
167Wallington26FCB$692,1184.1%#4526
168Union City25FCD$563,7545.1%#4536
169 medAllendale25FCC$1,126,2484.0%#4560
170Eatontown24FCC$657,3604.1%#4568
171Palisades Park24FCB$1,016,3163.5%#4575
172Elizabeth23FBD$548,9204.9%#4600
173Summit23FCB$1,410,0982.6%#4613
174Rumson22FCB$2,377,5222.8%#4632
175Long Branch21FCD$849,4463.9%#4653
176Kearny21FCC$576,6414.5%#4661
177Fairview21FCB$668,0194.0%#4666
178 medOceanport20FCC$969,4202.5%#4675
179 medWest Long Branch20FDC$1,014,0223.5%#4682
180East Orange20FBD$482,8355.0%#4688
181Manasquan19FDB$1,245,4793.0%#4694
182Brigantine17FDF$730,4724.2%#4730
183 medProspect Park17FCC$545,3134.9%#4734
184Ventnor City17FDC$652,8663.7%#4736
185Wildwood16FDC$639,3053.8%#4741
186Passaic16FCD$555,8754.5%#4758
187Margate City14FCC$1,138,7011.8%#4781
188Belmar14FDD$1,042,5113.2%#4783
189Paterson13FBD$536,7374.2%#4789
190Ocean City10FDC$1,128,6922.0%#4800

Data as of: Zillow ZHVI/ZORI through the latest monthly release · Census ACS 5-yr 2020–2024 · Census PEP July 2025 · BLS LAUS county 2025 annual (11-month average). Generated 2026-10-06. Methodology & limitations · underwrite any specific deal with the free calculators.

Limited-data cities in New Jersey

These 8 cities lack enough measured factors to rank, so they are excluded from the state grade; their pages show exactly what could be measured.

ZIP markets in New Jersey

598 Census ZIP Codes (ZCTAs) in New Jersey · 458 data-eligible for subscores. These are sub-city government areas ranked separately from the New Jersey city table. The overall Rental Investor ZIP Score leaderboard leads; the two component subscores (affordability, rental-market context) follow as independent percentiles. ZIP ranks are shown within the ZIP universe only, never mixed with, and not directly comparable to, city ranks. Vintage: the Key metric column is Census ACS 2020–2024 (5-year), the same release the city table above uses; the geographies differ, so the same measure can still disagree between the two.

Best overall ZIP Codes in New Jersey

Ranked by the overall Rental Investor ZIP Score. The # is each ZIP Code's canonical NJ state rank; the smaller figure is its national rank. Separate from the New Jersey city table and not directly comparable to it.

NJ rankZIP CodeOverallgrade · nationalKey metric
#108054RamblewoodA 69#712 nat7.2%Survey yield
#208873Six Mile RunA 68#812 nat5.4%Survey yield
#307302Jersey CityA 67#1,098 nat4.3%Survey yield
#408876SomervilleA 66#1,281 nat4.5%Survey yield
#508053MarltonA 66#1,356 nat6.2%Survey yield
#608050Ocean AcresA 65#1,657 nat5.2%Survey yield
#708902DeansA 64#1,825 nat5.8%Survey yield
#808823Pleasant PlainsA 64#1,854 nat9.3%Survey yield
#908753Toms RiverB 64#2,033 nat5.2%Survey yield
#1008844HillsboroughB 63#2,310 nat5.2%Survey yield
#1108540PrincetonB 63#2,391 nat3.5%Survey yield
#1208854Rutgers University-Livingston CampusB 62#2,573 nat5.4%Survey yield

Top affordability ZIP Codes in New Jersey

State-scoped leaders on the affordability subscore only (national rank shown is within that subscore’s data-eligible universe). Substantially an inverse housing-cost signal: a component of the overall score, not a predicted return.

#ZIP CodeAffordabilityKey metric
108103Camden61#5,359 nat10.1%Survey yield
208251Villas56#6,848 nat7.1%Survey yield
308757Holiday City-Berkeley56#7,097 nat7.5%Survey yield
408105Camden52#8,694 nat13.1%Survey yield
508104Camden51#8,857 nat15.0%Survey yield
608823Pleasant Plains50#9,309 nat9.3%Survey yield
708759Crestwood Village50#9,464 nat7.9%Survey yield
808102Camden50#9,517 nat17.8%Survey yield
908722Beachwood50#9,680 nat8.0%Survey yield
1008554Roebling50#9,733 nat10.9%Survey yield
1108611Trenton48#10,335 nat10.9%Survey yield
1208733Lakehurst48#10,520 nat8.9%Survey yield

Deepest rental-market ZIP Codes in New Jersey

State-scoped leaders on the rental-market-context subscore only (national rank shown is within that subscore’s data-eligible universe). Rental depth/tightness: a separate component, never combined here with affordability.

#ZIP CodeRental marketKey metric
107524Paterson86#1 nat4.5%Survey yield
207513Paterson84#24 nat4.9%Survey yield
307650Palisades Park84#26 nat3.4%Survey yield
407057Wallington84#31 nat3.7%Survey yield
507055Passaic84#32 nat4.1%Survey yield
608102Camden83#47 nat17.8%Survey yield
707102Newark83#58 nat3.5%Survey yield
807522Paterson83#65 nat6.5%Survey yield
908536Princeton Meadows83#65 nat3.5%Survey yield
1007105Newark82#87 nat4.2%Survey yield
110711182#93 nat5.0%Survey yield
1207644Lodi82#109 nat4.3%Survey yield
Open the full New Jersey ZIP explorer (all 598 areas, sortable) →