Real Estate Investing in Port Reading, New Jersey (07064)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 07064 (Port Reading, NJ)? Our answer, based on the numbers below.
Solid choice — values are growing steadily and the market is stable enough to buy with confidence.
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.
• Modeled rent — no observed market rent for this ZIP; the figure is estimated from HUD fair-market rent.
What’s happening in Port Reading, NJ (07064)?
Click any question — our AI will research it live from the web and show you sources.
Market Analysis: 07064 Port Reading
Put differently, ZIP 07064 has challenges — vacancy pressure, softer price growth, and tenant stability concerns sit alongside the $551K median. It rewards specialists, not generalists.
Turning to rents, the numbers look inviting — $551K purchase price, 0.0% nominal cap — the work to hit that pro forma in 07064 is substantial and deserves full respect.
ZIP 07064's metrics run below Middlesex County's averages on price growth and tenant stability. Investors who ignore that regional gap tend to relearn it the hard way.
The 07064 ZIP's population of 3,742 has faced economic pressure over the last decade. That pressure shows up in rent delinquency patterns that registers the need for careful underwriting.
Strategy in 07064 is an operator game, not a passive one. From an investor standpoint, entry prices of $551K are inviting, the management lift is real and non-optional.
Here's what matters if you're considering buying a home in Port Reading:
Market Trends
Home Value History (with trend line)
📊 How Does 07064 Compare?
| Metric | 07064 | Port Reading | New Jersey |
|---|---|---|---|
| Home Value | $550,779 | $550,779 | $559,826 |
| 5-Year CAGR | 7.6% | 7.6% | 8.4% |
| Avg Rent | $2,223 | $2,223 | - |
| Cap Rate | 3.2% | 3.2% | - |
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 07064 (Port Reading, NJ). Anonymous, moderated, never written by AI.
Do you own or manage rentals in ZIP 07064 (Port Reading, NJ)?
~25 seconds · no account needed · your report is anonymous
📊 Market Snapshot
| Home Value | $550,779 |
| Monthly Rent | $2,223 |
| Price-to-Rent | 20.7:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 4.8% |
| Cap Rate | 3.2% |
| 5-Year IRR | 10.7% |
📈 Home Appreciation
| 1-Year | +4.1% ▲ |
| 3-Year CAGR | +7.1% ▲ |
| 5-Year CAGR | +7.6% ▲ |
| 10-Year CAGR | +7.4% ▲ |
🏠 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 (3.2%). 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 07064
Population: 3,742
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 07064
Schools in This ZIP Code
Nearby Schools (5 more)
Schools in adjacent ZIP codes that may serve this area
Avenel Middle School
Columbus Elementary School
Matthew Jago Elementary School
Nathan Hale Elementary School
Private Nicholas Minue 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
What real estate strategy is ideal for Port Reading, NJ?
The best-fit strategy in Port Reading, NJ is careful cash-flow rentals with hands-on management. That approach the rent and price profile of the market.
How tight is the rental market in Port Reading, NJ?
Port Reading, NJ sees elevated vacancy, which is reasonable relative to the broader NJ rental market.
Should investors consider Port Reading, NJ?
Port Reading, NJ shows an investability rating of 3.0/5, with median home values near $551K and average rents around $2,223/mo. That combination puts it in the durable tier for investor interest.
Is housing expensive in Port Reading, NJ?
Expect median prices around $551K in Port Reading, NJ. The market has run at a 0.0% 5-year CAGR, so entry costs have been steady.
Is the tenant base reliable in Port Reading, NJ?
Port Reading, NJ offers a even-keeled renter base at the $2,223/mo rent level. Tenant turnover is reasonable for well-managed properties.
You know 07064 now. You don’t know where it ranks.
This page stays free — all of it. What one page can’t tell you is how 07064 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 07064 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 07064 (Port Reading)
Community Ratings
What people who’ve spent time here actually say. Not paid reviews.
Be the first to rate 07064 (Port Reading, NJ).
It takes 30 seconds. No signup. Your rating helps everyone who comes here after you.