Real Estate Investing in East Orange, New Jersey (07017)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 07017 (East Orange, NJ)? Our answer, based on the numbers below.
Mixed — home prices are stretched relative to local incomes. Run the math on your specific situation.
A middle-of-the-road market. Workable, but the best opportunities may be nearby ZIPs rather than this one.
- Tenant-protective state: Landlord rating 1.0/5 — slower evictions, more regulations.
- Higher unemployment: 8.1% unemployment — tenant risk signal.
What’s happening in East Orange, NJ (07017)?
Click any question — our AI will research it live from the web and show you sources.
Market Analysis: 07017 East Orange
This part of Essex County is not an easy win. The 07017 ZIP registers softness in key indicators, and the playbook that works in cleaner markets often stalls here.
Distressed markets are won on execution, not on spreadsheets. ZIP 07017 shows the profile where tenant screening, deferred maintenance, and local relationships determine the outcome.
Statewide comparisons place 07017 among NJ's softer markets. That context does not make the ZIP uninvestable, but it does raise the bar for due diligence.
The 07017 ZIP's population of 40,809 has faced economic pressure over the last decade. That pressure shows up in rent delinquency patterns that shows the need for careful underwriting.
Experienced landlords with local relationships tend to find 07017 workable. Turnkey investors from out of state usually find the numbers do not hold up in practice.
Here's what matters if you're considering buying a home in East Orange:
Property Strategy for 07017
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 2BR | $335,181 | $1,970 | 4.2% | +9.2% | $167,590 |
| 3BR | $466,669 | $2,470 | 3.8% | +10.7% | $155,556 |
| 4BR | $527,287 | $2,800 | 3.8% | +10.6% | $131,822 |
| 5BR | $563,694 | — | — | +10.4% | $112,739 |
Market Trends
Home Value History (with trend line)
Rent History (with trend line)
📊 How Does 07017 Compare?
| Metric | 07017 | East Orange | New Jersey |
|---|---|---|---|
| Home Value | $490,332 | $480,329 | $559,826 |
| 5-Year CAGR | 6.9% | 6.7% | 8.4% |
| Avg Rent | $1,973 | $2,079 | - |
| Cap Rate | 3.1% | 3.4% | - |
Similar ZIPs Within 25 Miles
Compare other nearby markets to see if a neighbor offers a better fit.
Landlord Ground Truth
Real numbers from people who own or manage rentals in ZIP 07017 (East Orange, NJ). Anonymous, moderated, never written by AI.
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Property managers serving Essex County
Manage rentals here? List your business →Associa Community Management Corporation of New Jersey is an HOA property management company serving Northern and Central New Jersey. summary from their website
Listings are shown for convenience — Repit doesn’t endorse or vet these companies. Ratings shown come only from email-verified visitors.
📊 Market Snapshot
| Home Value | $490,332 |
| Monthly Rent | $1,973 |
| Price-to-Rent | 20.7:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 4.8% |
| Cap Rate | 3.1% |
| 5-Year IRR | 10.0% |
📈 Home Appreciation
| 1-Year | +2.0% ▲ |
| 3-Year CAGR | +5.7% ▲ |
| 5-Year CAGR | +6.9% ▲ |
| 10-Year CAGR | +11.2% ▲ |
🏠 Rent Trends
| 1-Year | -6.1% ▼ |
| 3-Year CAGR | +2.7% ▲ |
| 5-Year CAGR | +4.2% ▲ |
The current 30-yr mortgage rate (6.8%) exceeds the estimated cap rate (3.1%). Financing reduces your cash-on-cash return below the cap rate. Markets like this may still make sense as IRR plays — factoring in appreciation, depreciation, and a future refinance when rates drop.
Run an IRR Analysis →⚠️ Risk Signals
Composite view of factors that can impact a ZIP's stability and your downside risk.
Demographics in 07017
Population: 40,809
Crime & Safety
Crime & Safety Data Coming Soon
We're integrating comprehensive crime statistics including violent crime rates, property crime, and safety scores to help you make informed investment decisions.
Expected: Q1 2025
🎓 Schools in 07017
Schools in This ZIP Code
About Repit School Scores
Traditional school ratings rely heavily on standardized test scores, which often reflect family income more than school quality. Repit takes a different approach.
We evaluate schools based on factors that research shows actually impact educational outcomes:
- Class Size — Smaller classes mean more individual attention
- School Funding — Resources available for programs, staff, and facilities
- Community Factors — Neighborhood characteristics that influence student success
- School Environment — Size, type, and structure
Scores are updated annually using federal education data.
🎓 Nearby Colleges & Universities
Investor Insight: With 1,806 students living off-campus nearby, this area has strong rental demand from the college population.
Frequently Asked Questions
Does East Orange, NJ favor landlords or tenants?
Landlord-friendliness in East Orange, NJ is tenant-protective. Eviction timelines and lease enforcement are considered reasonable by most property managers.
How deep is the rental pool in East Orange, NJ?
Tenant demand in East Orange, NJ is solid. The local workforce $1,973/mo rents across most rental classes.
What is the median home value in East Orange, NJ?
In East Orange, NJ the median home value sits at $490K. Against the broader NJ market, that reads as reasonable for most investors.
Does East Orange, NJ make sense for an investment property?
East Orange, NJ rates 3.0/5 for investability. With median values at $490K and rents near $1,973/mo, the market offers reasonable fundamentals for rental investors.
Can owner-occupants cash flow in East Orange, NJ?
House hacking in East Orange, NJ is reasonable to execute. Prices around $490K and rents of $1,973/mo solid owner-occupant economics.
You know 07017 now. You don’t know where it ranks.
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How 07017 ranks in New York-Newark-Jersey City, NY-NJ-PA
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