Real Estate Investing in Hoboken, New Jersey (07030)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 07030 (Hoboken, 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 Hoboken, NJ (07030)?
Click any question — our AI will research it live from the web and show you sources.
Market Analysis: 07030 Hoboken
Turning to rents, ZIP 07030 has challenges — vacancy pressure, softer price growth, and tenant stability concerns sit alongside the $898K median. It rewards specialists, not generalists.
The 07030 ZIP can work — but only with a tight operating hand. Remote landlords and passive investors tend to struggle here more than the underwriting suggests.
Meanwhile, 07030 offers a low basis, the region around Hoboken has moved on in ways that the ZIP itself has not fully absorbed. The result is a discount with genuine reasons.
Employment concentration in 07030 leans toward sectors with higher volatility. The demographic consequence is income fluctuation that investors need to factor into their pro forma.
Distressed ZIPs reward experience. substantial returns are possible in 07030, but they flow to investors who already understand how to operate in soft markets.
Here's what matters if you're considering buying a home in Hoboken:
Property Strategy for 07030
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 1BR | $589,643 | $3,680 | 4.5% | +3.5% | $589,643 |
| 2BR | $909,208 | $4,140 | 3.3% | +4.4% | $454,604 |
| 3BR | $1,491,229 | $5,050 | 2.4% | +5.4% | $497,076 |
| 4BR | $2,453,811 | $5,930 | 1.7% | +6.1% | $613,453 |
Market Trends
Home Value History (with trend line)
Rent History (with trend line)
📊 How Does 07030 Compare?
| Metric | 07030 | Hoboken | New Jersey |
|---|---|---|---|
| Home Value | $898,287 | $898,287 | $559,826 |
| 5-Year CAGR | 2.0% | 2.0% | 8.4% |
| Avg Rent | $3,960 | $3,960 | - |
| Cap Rate | 3.4% | 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 07030 (Hoboken, NJ). Anonymous, moderated, never written by AI.
Do you own or manage rentals in ZIP 07030 (Hoboken, NJ)?
~25 seconds · no account needed · your report is anonymous
📊 Market Snapshot
| Home Value | $898,287 |
| Monthly Rent | $3,960 |
| Price-to-Rent | 18.9:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 5.3% |
| Cap Rate | 3.4% |
| 5-Year IRR | 5.5% |
📈 Home Appreciation
| 1-Year | +9.2% ▲ |
| 3-Year CAGR | +3.4% ▲ |
| 5-Year CAGR | +2.0% ▲ |
| 10-Year CAGR | +1.9% ▲ |
🏠 Rent Trends
| 1-Year | +2.7% ▲ |
| 3-Year CAGR | +3.1% ▲ |
| 5-Year CAGR | +6.2% ▲ |
The current 30-yr mortgage rate (6.8%) exceeds the estimated cap rate (3.4%). 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 07030
Population: 58,340
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 07030
Schools in This ZIP Code
Nearby Schools (5 more)
Schools in adjacent ZIP codes that may serve this area
Alfred Zampella School
Charles E. Trefurt School
Daniel Webster School
Dr. Charles P. DeFuccio School
Eugenio Maria de Hostos Center for Early Childhood Education
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 1,062 students living off-campus nearby, this area has strong rental demand from the college population.
Frequently Asked Questions
How does Hoboken, NJ rate as a rental market?
Hoboken, NJ reports an investability rating of 3.0/5, with median home values near $898K and average rents around $3,960/mo. That combination puts it in the durable tier for investor interest.
What real estate strategy is ideal for Hoboken, NJ?
Investors usually favor careful cash-flow rentals with hands-on management in Hoboken, NJ. With home values at $898K and rents near $3,960/mo, other strategies can work but produce measured rather than outsized returns.
Where do rents currently stand in Hoboken, NJ?
Hoboken, NJ rentals go for roughly $3,960/mo a month. That puts gross yield in solid territory relative to $898K acquisition costs.
Are eviction rules reasonable in Hoboken, NJ?
Landlord-friendliness in Hoboken, NJ is tenant-protective. Eviction timelines and lease enforcement are considered reasonable by most property managers.
Do rentals sit vacant long in Hoboken, NJ?
Hoboken, NJ sees elevated vacancy, which is reasonable relative to the broader NJ rental market.
You know 07030 now. You don’t know where it ranks.
This page stays free — all of it. What one page can’t tell you is how 07030 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 07030 ranks in New York-Newark-Jersey City, NY-NJ-PA
Every ZIP in this metro, ranked. Free.
AI Market Advisor
Ask questions about investing in 07030 (Hoboken)
Community Ratings
What people who’ve spent time here actually say. Not paid reviews.
Be the first to rate 07030 (Hoboken, NJ).
It takes 30 seconds. No signup. Your rating helps everyone who comes here after you.