Real Estate Investing in East Orange, New Jersey (07018)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 07018 (East Orange, NJ)? Our answer, based on the numbers below.
Proceed carefully. Weak appreciation or affordability makes this a harder case for most buyers.
A middle-of-the-road market. Workable, but the best opportunities may be nearby ZIPs rather than this one.
- Elevated vacancy: 11.3% vacancy may signal weakening demand.
- Tenant-protective state: Landlord rating 1.0/5 — slower evictions, more regulations.
- Higher unemployment: 7.3% unemployment — tenant risk signal.
What’s happening in East Orange, NJ (07018)?
Click any question — our AI will research it live from the web and show you sources.
Market Analysis: 07018 East Orange
Not every below-median market is a bargain. East Orange's 07018 ZIP sits at signals that favor experienced operators who can absorb the risk $470K pricing implies.
On the rental side, the numbers look inviting — $470K purchase price, 0.0% nominal cap — the work to hit that pro forma in 07018 is substantial and deserves full respect.
Statewide comparisons place 07018 among NJ's softer markets. That context does not make the ZIP uninvestable, but it does raise the bar for due diligence.
Resident income in 07018 sits below the county median. That reality colors rent collection, vacancy, and reinvestment math in ways that outside investors often underestimate.
Strategically, 07018 can be a high-return sleeve of a diversified portfolio — but it should not be the whole portfolio, and it should not be someone's first deal.
Here's what matters if you're considering buying a home in East Orange:
Property Strategy for 07018
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 2BR | $334,140 | $2,080 | 4.5% | +8.4% | $167,070 |
| 3BR | $436,664 | $2,600 | 4.3% | +9.5% | $145,555 |
| 4BR | $486,221 | $2,960 | 4.4% | +10.2% | $121,555 |
| 5BR | $546,071 | — | — | +10.4% | $109,214 |
Market Trends
Home Value History (with trend line)
Rent History (with trend line)
📊 How Does 07018 Compare?
| Metric | 07018 | East Orange | New Jersey |
|---|---|---|---|
| Home Value | $470,327 | $480,329 | $559,826 |
| 5-Year CAGR | 6.5% | 6.7% | 8.4% |
| Avg Rent | $2,185 | $2,079 | - |
| Cap Rate | 3.6% | 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 07018 (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 | $470,327 |
| Monthly Rent | $2,185 |
| Price-to-Rent | 17.9:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 5.6% |
| Cap Rate | 3.6% |
| 5-Year IRR | 10.1% |
📈 Home Appreciation
| 1-Year | +3.2% ▲ |
| 3-Year CAGR | +5.4% ▲ |
| 5-Year CAGR | +6.5% ▲ |
| 10-Year CAGR | +11.1% ▲ |
🏠 Rent Trends
| 1-Year | +6.5% ▲ |
| 3-Year CAGR | +5.1% ▲ |
| 5-Year CAGR | N/A |
The current 30-yr mortgage rate (6.8%) exceeds the estimated cap rate (3.6%). 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 07018
Population: 28,261
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 07018
Schools in This ZIP Code
Nearby Schools (5 more)
Schools in adjacent ZIP codes that may serve this area
American History High School
Arts High School
Berkeley Terrace Elementary School
Cicely L. Tyson Community Middle/High School
Cleveland Street Elementary School
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 3,459 students living off-campus nearby, this area has strong rental demand from the college population.
Frequently Asked Questions
What monthly rent should investors expect in East Orange, NJ?
Investors in East Orange, NJ typically see rents near $2,185/mo per month against $470K home values - a solid setup for rental cash flow.
Should investors worry about vacancy in East Orange, NJ?
Occupancy in East Orange, NJ runs stable with elevated vacancy. Well-priced units at $2,185/mo lease on reasonable timelines.
What investment strategy works best in East Orange, NJ?
East Orange, NJ investors pursuing careful cash-flow rentals with hands-on management. The underlying economics ($470K prices, $2,185/mo rents) make it a reasonable choice.
How qualified is the tenant pool in East Orange, NJ?
The renter base in East Orange, NJ is reasonable for the $2,185/mo price point. Screening well and pricing to market typically yields measured tenants.
Is housing expensive in East Orange, NJ?
Median home price in East Orange, NJ is near $470K, with a 5-year CAGR of 0.0%. Prices have been consistent and supportive of buy-and-hold strategies.
You know 07018 now. You don’t know where it ranks.
This page stays free — all of it. What one page can’t tell you is how 07018 compares to every other market. Investor ($19/mo) screens every U.S. ZIP by cap rate, the 1% rule, vacancy and landlord climate, and exports your shortlist.
How 07018 ranks in New York-Newark-Jersey City, NY-NJ-PA
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