Real Estate Investing in North Arlington, New Jersey (07031)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 07031 (North Arlington, 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 North Arlington, NJ (07031)?
Click any question — our AI will research it live from the web and show you sources.
Market Analysis: 07031 North Arlington
Not every below-median market is a bargain. North Arlington's 07031 ZIP registers signals that favor experienced operators who can absorb the risk $636K pricing implies.
The investment case in 07031 is healthy only for operators who understand what they are buying. A $636K median suggests accessibility, but management intensity, vacancy drift, and capex surprises are real.
Within NJ, ZIP 07031 trails on several market indicators that neighboring Bergen County submarkets outperform. The gap is real and resilient enough to shape underwriting.
Who lives in 07031 is part of why the ZIP is priced as it is. The demographic profile requires hands-on management, tight screening, and local knowledge.
New investors are better served looking at North Arlington's stable or hybrid ZIPs before stepping into 07031. The learning curve here is expensive when the lesson is wrong.
Here's what matters if you're considering buying a home in North Arlington:
Property Strategy for 07031
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 2BR | $576,829 | $2,240 | 2.8% | +7.3% | $288,415 |
| 3BR | $605,173 | $2,730 | 3.2% | +8.5% | $201,724 |
| 4BR | $679,116 | $3,490 | 3.7% | +8.5% | $169,779 |
Market Trends
Home Value History (with trend line)
Rent History (with trend line)
📊 How Does 07031 Compare?
| Metric | 07031 | North Arlington | New Jersey |
|---|---|---|---|
| Home Value | $636,180 | $636,180 | $559,826 |
| 5-Year CAGR | 5.9% | 5.9% | 8.4% |
| Avg Rent | $2,408 | $2,408 | - |
| Cap Rate | 3.0% | 3.0% | - |
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 07031 (North Arlington, 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 | $636,180 |
| Monthly Rent | $2,408 |
| Price-to-Rent | 22.0:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 4.5% |
| Cap Rate | 3.0% |
| 5-Year IRR | 8.8% |
📈 Home Appreciation
| 1-Year | +5.6% ▲ |
| 3-Year CAGR | +6.3% ▲ |
| 5-Year CAGR | +5.9% ▲ |
| 10-Year CAGR | +6.0% ▲ |
🏠 Rent Trends
| 1-Year | N/A |
| 3-Year CAGR | N/A |
| 5-Year CAGR | N/A |
The current 30-yr mortgage rate (6.8%) exceeds the estimated cap rate (3.0%). 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 07031
Population: 16,368
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 07031
Schools in This ZIP Code
Nearby Schools (5 more)
Schools in adjacent ZIP codes that may serve this area
Belleville Middle School
Garfield Elementary School
Lincoln Middle School
Lincoln School
Newark School of Global Studies
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 1,796 students living off-campus nearby, this area has strong rental demand from the college population.
Frequently Asked Questions
How strong are rents in North Arlington, NJ?
Investors in North Arlington, NJ typically see rents near $2,408/mo per month against $636K home values - a solid setup for rental cash flow.
What is the best play in North Arlington, NJ?
North Arlington, NJ investors pursuing careful cash-flow rentals with hands-on management. The underlying economics ($636K prices, $2,408/mo rents) make it a reasonable choice.
Do landlords face vacancy issues in North Arlington, NJ?
Rental vacancy in North Arlington, NJ is elevated. Investors should budget normal turnover but not chronic empty units.
Does house hacking work in North Arlington, NJ?
House hacking works a challenging in North Arlington, NJ. Rents of $2,408/mo against $636K acquisition make the strategy solid for owner-occupants.
Is North Arlington in NJ worth investing in?
Our data puts North Arlington, NJ at 3.0/5 for investability. Home prices of $636K and rents around $2,408/mo create a solid backdrop for investor activity.
You know 07031 now. You don’t know where it ranks.
This page stays free — all of it. What one page can’t tell you is how 07031 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 07031 ranks in New York-Newark-Jersey City, NY-NJ-PA
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