Real Estate Investing in Gillette, New Jersey

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1 ZIP codes • Population: 2,920 • Morris County

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Should you buy in Gillette, NJ? Our answer, based on the numbers below.

🏠 For Homebuyers
MIXED
Grade C (57/100)

Mixed — home prices are stretched relative to local incomes. Run the math on your specific situation.

📈 For Investors
MIXED
3.0 / 5 (47/100)

A middle-of-the-road market. Workable, but the best opportunities may be nearby ZIPs rather than this one.

⚠️ Risks to Know
1 flag
  • Tenant-protective state: Landlord rating 1.0/5 — slower evictions, more regulations.

What’s happening in Gillette, NJ?

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3.0/ 5

Investability

Citywide average

3.0/ 5

Appreciation

5.7% 5yr CAGR

1.0/ 5

Landlord Climate

Regulatory friendliness

🏦 30-yr Fixed Rate: 6.76% as of Sep 10 Source: Freddie Mac PMMS
Avg Investability
Avg Home Value $789,885
Avg Monthly Rent $2,421
ZIP Codes 1

Investing in Gillette Real Estate

Gillette in New Jersey is one of the markets where the numbers warn before they reward — 1 ZIPs, a sizable population, and a rating that reflects material risk.

A 3.0 rating and a 5-year CAGR of 0.0% are the kinds of numbers that warrant real local underwriting, not spreadsheet tourism. Gillette is in that category.

Rent trends and price trends in Gillette are both soft, which is the uncomfortable combination that defines distressed-leaning markets in New Jersey.

Demographics in Gillette show real pressure — median income of $N/AK is underwhelming relative to rents, and the 0% renter share includes significant cost-burdened households.

A great house in the wrong ZIP is still a bad deal — screen every market by cash flow & cap rate.
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Best ZIP codes in New York-Newark-Jersey City, NY-NJ-PA

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Cash Flow → Appreciation → Affordable →

Landlord Ground Truth

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Property managers serving Morris County

Manage rentals here? List your business →

Denali Property Management New Jersey specializes in condo management. summary from their website

HOA
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PMI Prime Property Services offers residential, association, and commercial property management in Northern New Jersey, including marketing, tenant screening, and maintenance. summary from their website

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Alliance Property Management LLC provides property management services. summary from their website

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Listings are shown for convenience — Repit doesn’t endorse or vet these companies. Ratings shown come only from email-verified visitors.

Avg Home Value
$789,885
Avg Monthly Rent
$2,421
1% Rule
✗ Below
Landlord Friendly (NJ)

ZIP Codes in Gillette, NJ

Screen every ZIP in Gillette

Filter Gillette’s ZIPs by cap rate, vacancy, appreciation and 30+ more criteria, and export your shortlist to CSV — with the Investor plan ($19/mo).

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Frequently Asked Questions About Gillette, NJ

What kind of market is Gillette, NJ for investors?

Gillette, NJ rates 3.0/5 for investability. With median values at $790K and rents near $2,421/mo, the market offers reasonable fundamentals for rental investors.

Where do rents currently stand in Gillette, NJ?

Expect rents around $2,421/mo per month in Gillette, NJ. With home values at $790K, the yield math works out to reasonable levels for rental investors.

What type of investing works in Gillette, NJ?

In Gillette, NJ the sturdy play is typically careful cash-flow rentals with hands-on management. The combination of $790K prices and $2,421/mo rents suits that approach.

How tight is the rental market in Gillette, NJ?

Gillette, NJ sees elevated vacancy, which is reasonable relative to the broader NJ rental market.

Are eviction rules reasonable in Gillette, NJ?

Rental owners in Gillette, NJ deal with a tenant-protective legal framework. Most standard eviction processes run on reasonable timelines.

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