Real Estate Investing in Garfield, New Jersey (07026)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 07026 (Garfield, 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.
What’s happening in Garfield, NJ (07026)?
Click any question — our AI will research it live from the web and show you sources.
Market Analysis: 07026 Garfield
ZIP 07026 in Garfield, NJ carries a resilient set of headwinds. Home values near $592K and rents of $2,445/mo sit inside a market where underwriting has to be tight.
If the plan assumes clean turnover, on-time rent, and low maintenance on a $592K asset, 07026 is the wrong submarket. If the plan prices in friction, the yield can still work.
On balance, 07026 offers a low basis, the region around Garfield has moved on in ways that the ZIP itself has not fully absorbed. The result is a discount with genuine reasons.
Resident income in 07026 sits below the county median. That reality colors rent collection, vacancy, and reinvestment math in ways that outside investors often underestimate.
appears to the ZIP is not uninvestable, but it is unforgiving. Section 8 landlords, local operators, and specialized value-add funds are the investor types that tend to succeed.
Here's what matters if you're considering buying a home in Garfield:
Property Strategy for 07026
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 2BR | $508,134 | $2,130 | 3.0% | +7.9% | $254,067 |
| 3BR | $579,755 | $2,600 | 3.2% | +8.5% | $193,252 |
| 4BR | $604,147 | $3,320 | 4.0% | +8.3% | $151,037 |
Market Trends
Home Value History (with trend line)
Rent History (with trend line)
📊 How Does 07026 Compare?
| Metric | 07026 | Garfield | New Jersey |
|---|---|---|---|
| Home Value | $592,131 | $592,131 | $559,826 |
| 5-Year CAGR | 5.5% | 5.5% | 8.4% |
| Avg Rent | $2,445 | $2,445 | - |
| Cap Rate | 3.2% | 3.2% | - |
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 07026 (Garfield, NJ). Anonymous, moderated, never written by AI.
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Property managers serving Bergen County
Manage rentals here? List your business →First National Realty Management, LLC offers tenant services including registration, maintenance requests, and notary services. summary from their website
MEM Property Management Corporation offers property management, construction, collection, and insurance services, helping clients enjoy their homes. 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 | $592,131 |
| Monthly Rent | $2,445 |
| Price-to-Rent | 20.2:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 5.0% |
| Cap Rate | 3.2% |
| 5-Year IRR | 8.7% |
📈 Home Appreciation
| 1-Year | +4.3% ▲ |
| 3-Year CAGR | +5.5% ▲ |
| 5-Year CAGR | +5.5% ▲ |
| 10-Year CAGR | +6.2% ▲ |
🏠 Rent Trends
| 1-Year | +1.8% ▲ |
| 3-Year CAGR | +8.0% ▲ |
| 5-Year CAGR | N/A |
The current 30-yr mortgage rate (6.8%) exceeds the estimated cap rate (3.2%). 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 07026
Population: 32,502
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 07026
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
Frequently Asked Questions
How high is vacancy risk in Garfield, NJ?
Garfield, NJ sees elevated vacancy, which is reasonable relative to the broader NJ rental market.
Where do home prices stand in Garfield, NJ?
Typical homes in Garfield, NJ go for around $592K. The 5-year CAGR of 0.0% steady price movement.
How strong are rents in Garfield, NJ?
Expect rents around $2,445/mo per month in Garfield, NJ. With home values at $592K, the yield math works out to reasonable levels for rental investors.
Is Garfield, NJ a friendly market for rental owners?
Rental owners in Garfield, NJ deal with a tenant-protective legal framework. Most standard eviction processes run on reasonable timelines.
Should investors consider Garfield, NJ?
Garfield, NJ clocks in at an investability rating of 3.0/5, with median home values near $592K and average rents around $2,445/mo. That combination puts it in the solid tier for investor interest.
You know 07026 now. You don’t know where it ranks.
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How 07026 ranks in New York-Newark-Jersey City, NY-NJ-PA
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