Real Estate Investing in Kearny, New Jersey (07032)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 07032 (Kearny, 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 Kearny, NJ (07032)?
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Market Analysis: 07032 Kearny
This part of Hudson County is not an easy win. The 07032 ZIP comes in at softness in key indicators, and the playbook that works in cleaner markets often stalls here.
The investment case in 07032 is sturdy only for operators who understand what they are buying. A $585K median suggests accessibility, but management intensity, vacancy drift, and capex surprises are real.
In the broader NJ picture, 07032 is a reminder that not every low-priced ZIP is a value-add opportunity — some are simply distressed, and the difference matters.
Demographically, 07032 is a market where tenant selection matters more than unit finishes. Operators who understand that tend to do fine; those who do not tend to learn why the ZIP trades at a discount.
Strategically, 07032 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 Kearny:
Property Strategy for 07032
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 2BR | $441,558 | $2,510 | 4.1% | +6.6% | $220,779 |
| 3BR | $554,237 | $3,060 | 4.0% | +7.2% | $184,746 |
| 4BR | $645,313 | $3,590 | 4.0% | +7.8% | $161,328 |
Market Trends
Home Value History (with trend line)
Rent History (with trend line)
📊 How Does 07032 Compare?
| Metric | 07032 | Kearny | New Jersey |
|---|---|---|---|
| Home Value | $585,154 | $585,154 | $559,826 |
| 5-Year CAGR | 5.2% | 5.2% | 8.4% |
| Avg Rent | $2,168 | $2,168 | - |
| Cap Rate | 2.9% | 2.9% | - |
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 07032 (Kearny, NJ). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $585,154 |
| Monthly Rent | $2,168 |
| Price-to-Rent | 22.5:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 4.5% |
| Cap Rate | 2.9% |
| 5-Year IRR | 8.1% |
📈 Home Appreciation
| 1-Year | +3.5% ▲ |
| 3-Year CAGR | +5.0% ▲ |
| 5-Year CAGR | +5.2% ▲ |
| 10-Year CAGR | +6.0% ▲ |
🏠 Rent Trends
| 1-Year | -2.2% ▼ |
| 3-Year CAGR | +2.1% ▲ |
| 5-Year CAGR | +5.5% ▲ |
The current 30-yr mortgage rate (6.8%) exceeds the estimated cap rate (2.9%). 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 07032
Population: 40,570
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 07032
Schools in This ZIP Code
Nearby Schools (5 more)
Schools in adjacent ZIP codes that may serve this area
Dr. Charles P. DeFuccio School
Jotham W. Wakeman School
Newark School of Global Studies
Veterans Middle School
County Prep High 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 5,410 students living off-campus nearby, this area has strong rental demand from the college population.
Frequently Asked Questions
Are landlord laws favorable in Kearny, NJ?
Kearny, NJ falls under NJ landlord-tenant law, which is tenant-protective. That backdrop makes day-to-day property management reasonable.
What is the tenant pool like in Kearny, NJ?
Working renters make up the core of the Kearny, NJ tenant base. The pool is reasonable for investors targeting long-term holds.
How strong is Kearny, NJ for real estate investors?
Investors tracking Kearny, NJ will find a 3.0/5 rating supported by $585K median home values and $2,168/mo rents. That profile suits long-term holders targeting even-keeled returns.
Can owner-occupants cash flow in Kearny, NJ?
The house hack math a challenging in Kearny, NJ. Owner-occupant buyers benefit from the $2,168/mo rents and $585K home values.
What price range are homes in Kearny, NJ?
Homes in Kearny, NJ typically sell near $585K. Prices have moved at a 0.0% 5-year CAGR, which predictable long-term demand.
You know 07032 now. You don’t know where it ranks.
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How 07032 ranks in New York-Newark-Jersey City, NY-NJ-PA
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