Real Estate Investing in Maplewood, New Jersey (07040)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 07040 (Maplewood, 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.
- High price-to-rent: Price-to-rent ratio 29.2 — hard to cash-flow at these prices.
What’s happening in Maplewood, NJ (07040)?
Click any question — our AI will research it live from the web and show you sources.
Market Analysis: 07040 Maplewood
ZIP 07040 in Maplewood, NJ carries a impressive set of headwinds. Home values near $977K and rents of $2,787/mo sit inside a market where underwriting has to be tight.
Distressed markets are won on execution, not on spreadsheets. ZIP 07040 reports the profile where tenant screening, deferred maintenance, and local relationships determine the outcome.
In the broader NJ picture, 07040 is a reminder that not every low-priced ZIP is a value-add opportunity — some are simply distressed, and the difference matters.
Stepping back, 25,406 residents fill the ZIP, renter turnover runs higher than neighboring postal codes and delinquency risk is a real line item rather than a theoretical one.
Distressed ZIPs reward experience. substantial returns are possible in 07040, 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 Maplewood:
Property Strategy for 07040
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 2BR | $450,299 | $2,860 | 4.6% | +6.9% | $225,150 |
| 3BR | $807,257 | $3,580 | 3.2% | +8.7% | $269,086 |
| 4BR | $1,099,996 | $4,070 | 2.7% | +9.8% | $274,999 |
| 5BR | $1,519,151 | — | — | +11.2% | $303,830 |
Market Trends
Home Value History (with trend line)
Rent History (with trend line)
📊 How Does 07040 Compare?
| Metric | 07040 | Maplewood | New Jersey |
|---|---|---|---|
| Home Value | $976,566 | $976,566 | $559,826 |
| 5-Year CAGR | 7.8% | 7.8% | 8.4% |
| Avg Rent | $2,787 | $2,787 | - |
| Cap Rate | 2.2% | 2.2% | - |
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 07040 (Maplewood, 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 | $976,566 |
| Monthly Rent | $2,787 |
| Price-to-Rent | 29.2:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 3.4% |
| Cap Rate | 2.2% |
| 5-Year IRR | 10.0% |
📈 Home Appreciation
| 1-Year | +8.7% ▲ |
| 3-Year CAGR | +8.2% ▲ |
| 5-Year CAGR | +7.8% ▲ |
| 10-Year CAGR | +6.9% ▲ |
🏠 Rent Trends
| 1-Year | +16.8% ▲ |
| 3-Year CAGR | +9.0% ▲ |
| 5-Year CAGR | N/A |
The current 30-yr mortgage rate (6.8%) exceeds the estimated cap rate (2.2%). 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 07040
Population: 25,406
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 07040
Schools in This ZIP Code
Nearby Schools (5 more)
Schools in adjacent ZIP codes that may serve this area
Battle Hill Elementary
Berkeley Terrace Elementary School
Connecticut Farms Elementary
Franklin Elementary
Grove 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
Frequently Asked Questions
How much does a house cost in Maplewood, NJ?
Maplewood, NJ home values average about $977K. That price point suits investors targeting rentals with $2,787/mo in monthly income.
How deep is the rental pool in Maplewood, NJ?
Maplewood, NJ offers a stable renter base at the $2,787/mo rent level. Tenant turnover is reasonable for well-managed properties.
How strict are landlord regulations in Maplewood, NJ?
NJ law tenant-protective for landlords, and Maplewood inherits those rules. Investors should still review local ordinances for rental licensing.
Can owner-occupants cash flow in Maplewood, NJ?
The a challenging house-hack environment in Maplewood, NJ reflects the rent-to-price spread. Expect meaningful PITI offset at market rents.
What is the typical vacancy rate in Maplewood, NJ?
Maplewood, NJ carries elevated vacancy risk. Expect even-keeled absorption at market rents of $2,787/mo.
You know 07040 now. You don’t know where it ranks.
This page stays free — all of it. What one page can’t tell you is how 07040 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 07040 ranks in New York-Newark-Jersey City, NY-NJ-PA
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