Real Estate Investing in Clark, New Jersey (07066)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 07066 (Clark, 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.
What’s happening in Clark, NJ (07066)?
Click any question — our AI will research it live from the web and show you sources.
Market Analysis: 07066 Clark
ZIP 07066 inside Union County looks affordable on the surface — median value of $733K — but the discount exists for reasons that a careful buyer should understand before committing.
The investment case in 07066 is sturdy only for operators who understand what they are buying. A $733K median suggests accessibility, but management intensity, vacancy drift, and capex surprises are real.
The gap between 07066 and stronger Clark ZIPs is not closing quickly. Investors should weight long-horizon assumptions accordingly.
Resident income in 07066 sits below the county median. That reality colors rent collection, vacancy, and reinvestment math in ways that outside investors often underestimate.
trends toward the ZIP is not uninvestable, but it is unforgiving. Section 8 landlords, local operators, and specialized value-add funds are the investor types that tend to succeed.
Here's what matters if you're considering buying a home in Clark:
Property Strategy for 07066
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 2BR | $512,506 | $2,340 | 3.3% | +7.8% | $256,253 |
| 3BR | $686,431 | $2,930 | 3.1% | +8.2% | $228,810 |
| 4BR | $820,554 | $3,330 | 2.9% | +8.8% | $205,138 |
| 5BR | $1,050,613 | — | — | +8.2% | $210,123 |
Market Trends
Home Value History (with trend line)
Rent History (with trend line)
📊 How Does 07066 Compare?
| Metric | 07066 | Clark | New Jersey |
|---|---|---|---|
| Home Value | $733,349 | $733,349 | $559,826 |
| 5-Year CAGR | 7.2% | 7.2% | 8.4% |
| Avg Rent | $4,150 | $4,150 | - |
| Cap Rate | 4.4% | 4.4% | - |
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 07066 (Clark, NJ). Anonymous, moderated, never written by AI.
Do you own or manage rentals in ZIP 07066 (Clark, NJ)?
~25 seconds · no account needed · your report is anonymous
Property managers serving Union County
Manage rentals here? List your business →Corner Property Management is a property management company serving New Jersey and Pennsylvania. 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 | $733,349 |
| Monthly Rent | $4,150 |
| Price-to-Rent | 14.7:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 6.8% |
| Cap Rate | 4.4% |
| 5-Year IRR | 11.6% |
📈 Home Appreciation
| 1-Year | +3.1% ▲ |
| 3-Year CAGR | +6.2% ▲ |
| 5-Year CAGR | +7.2% ▲ |
| 10-Year CAGR | +5.7% ▲ |
🏠 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 (4.4%). 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 07066
Population: 15,410
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 07066
Schools in This ZIP Code
Nearby Schools (5 more)
Schools in adjacent ZIP codes that may serve this area
Colonia Middle School
Hillside Avenue School
Lincoln
McKinley Elementary School
Orange Avenue 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 1,064 students living off-campus nearby, this area has strong rental demand from the college population.
Frequently Asked Questions
Which investment style suits Clark, NJ?
Clark, NJ investors pursuing careful cash-flow rentals with hands-on management. The underlying economics ($733K prices, $4,150/mo rents) make it a reasonable choice.
How qualified is the tenant pool in Clark, NJ?
Clark, NJ offers a reliable renter base at the $4,150/mo rent level. Tenant turnover is reasonable for well-managed properties.
Are eviction rules reasonable in Clark, NJ?
The landlord environment in Clark, NJ is tenant-protective. Statewide rules shape most day-to-day operations for rental owners.
Is Clark, NJ good for house hacking?
House hacking in Clark, NJ is reasonable to execute. Prices around $733K and rents of $4,150/mo solid owner-occupant economics.
What kind of vacancy should I budget for in Clark, NJ?
Vacancy risk in Clark, NJ is elevated. That supports predictable cash flow for typical rental holds.
You know 07066 now. You don’t know where it ranks.
This page stays free — all of it. What one page can’t tell you is how 07066 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 07066 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 07066 (Clark)
Community Ratings
What people who’ve spent time here actually say. Not paid reviews.
Be the first to rate 07066 (Clark, NJ).
It takes 30 seconds. No signup. Your rating helps everyone who comes here after you.