Real Estate Investing in Warren Township, New Jersey (07059)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 07059 (Warren Township, 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 29.0 — hard to cash-flow at these prices.
What’s happening in Warren Township, NJ (07059)?
Click any question — our AI will research it live from the web and show you sources.
Market Analysis: 07059 Warren Township
The 07059 ZIP in Warren Township, NJ is a local-operator market. Outside capital chasing a $1.2M entry has to pair deep knowledge with the discount.
Rent of $3,328/mo on a $1.2M basis reads well until vacancy, delinquency, and capex enter the model. The honest cap rate in 07059 sits below the stated 0.0% once reality is priced in.
Regionally, 07059 sits on the difficult end of the NJ spectrum. The a solid fit for read — for disciplined operators — is that pricing reflects the difficulty.
In practical terms, 16,433 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.
The 07059 ZIP fits a narrow investor profile — hands-on, patient, and willing to accept that the cap rate on paper is not the cap rate in reality.
Here's what matters if you're considering buying a home in Warren Township:
Property Strategy for 07059
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 3BR | $851,112 | $3,420 | 2.9% | +8.3% | $283,704 |
| 4BR | $1,114,417 | $3,780 | 2.4% | +9.6% | $278,604 |
| 5BR | $1,588,315 | — | — | +10.3% | $317,663 |
Market Trends
Home Value History (with trend line)
Rent History (with trend line)
📊 How Does 07059 Compare?
| Metric | 07059 | Warren Township | New Jersey |
|---|---|---|---|
| Home Value | $1,158,497 | $1,158,497 | $559,826 |
| 5-Year CAGR | 7.2% | 7.2% | 8.4% |
| Avg Rent | $3,328 | $3,328 | - |
| 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 07059 (Warren Township, NJ). Anonymous, moderated, never written by AI.
Do you own or manage rentals in ZIP 07059 (Warren Township, NJ)?
~25 seconds · no account needed · your report is anonymous
📊 Market Snapshot
| Home Value | $1,158,497 |
| Monthly Rent | $3,328 |
| Price-to-Rent | 29.0:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 3.5% |
| Cap Rate | 2.2% |
| 5-Year IRR | 9.5% |
📈 Home Appreciation
| 1-Year | +5.6% ▲ |
| 3-Year CAGR | +7.4% ▲ |
| 5-Year CAGR | +7.2% ▲ |
| 10-Year CAGR | +4.5% ▲ |
🏠 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 (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 07059
Population: 16,433
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 07059
Schools in This ZIP Code
Nearby Schools (5 more)
Schools in adjacent ZIP codes that may serve this area
Dunellen High School
Green Brook Middle School
Irene E. Feldkirchner Elementary School
John P. Faber Elementary School
Lincoln Middle 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 Warren Township, NJ?
In Warren Township, NJ the median home value sits at $1.2M. Against the broader NJ market, that reads as reasonable for most investors.
What investment strategy works best in Warren Township, NJ?
In Warren Township, NJ the durable play is typically careful cash-flow rentals with hands-on management. The combination of $1.2M prices and $3,328/mo rents suits that approach.
How quickly do rentals get leased in Warren Township, NJ?
Warren Township, NJ carries elevated vacancy risk. Expect stable absorption at market rents of $3,328/mo.
Does house hacking work in Warren Township, NJ?
House hacking in Warren Township, NJ is reasonable to execute. Prices around $1.2M and rents of $3,328/mo solid owner-occupant economics.
Does Warren Township, NJ favor landlords or tenants?
Rental owners in Warren Township, NJ deal with a tenant-protective legal framework. Most standard eviction processes run on reasonable timelines.
You know 07059 now. You don’t know where it ranks.
This page stays free — all of it. What one page can’t tell you is how 07059 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 07059 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 07059 (Warren Township)
Community Ratings
What people who’ve spent time here actually say. Not paid reviews.
Be the first to rate 07059 (Warren Township, NJ).
It takes 30 seconds. No signup. Your rating helps everyone who comes here after you.