Real Estate Investing in Roselle, New Jersey (07203)
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Should you buy in 07203 (Roselle, 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 Roselle, NJ (07203)?
Click any question — our AI will research it live from the web and show you sources.
Market Analysis: 07203 Roselle
ZIP 07203 in Roselle, NJ carries a durable set of headwinds. Home values near $520K and rents of $2,632/mo sit inside a market where underwriting has to be tight.
If the plan assumes clean turnover, on-time rent, and low maintenance on a $520K asset, 07203 is the wrong submarket. If the plan prices in friction, the yield can still work.
Within NJ, ZIP 07203 trails on several market indicators that neighboring Union County submarkets outperform. The gap is real and solid enough to shape underwriting.
Employment concentration in 07203 leans toward sectors with higher volatility. The demographic consequence is income fluctuation that investors need to factor into their pro forma.
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 Roselle:
Property Strategy for 07203
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 2BR | $401,040 | $2,040 | 3.7% | +11.4% | $200,520 |
| 3BR | $508,431 | $2,550 | 3.6% | +11.0% | $169,477 |
| 4BR | $550,935 | $2,900 | 3.8% | +11.1% | $137,734 |
| 5BR | $617,247 | — | — | +10.9% | $123,449 |
Market Trends
Home Value History (with trend line)
Rent History (with trend line)
📊 How Does 07203 Compare?
| Metric | 07203 | Roselle | New Jersey |
|---|---|---|---|
| Home Value | $520,148 | $520,148 | $559,826 |
| 5-Year CAGR | 7.3% | 7.3% | 8.4% |
| Avg Rent | $2,632 | $2,632 | - |
| Cap Rate | 4.0% | 4.0% | - |
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 07203 (Roselle, NJ). Anonymous, moderated, never written by AI.
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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 | $520,148 |
| Monthly Rent | $2,632 |
| Price-to-Rent | 16.5:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 6.1% |
| Cap Rate | 4.0% |
| 5-Year IRR | 11.3% |
📈 Home Appreciation
| 1-Year | +2.5% ▲ |
| 3-Year CAGR | +5.6% ▲ |
| 5-Year CAGR | +7.3% ▲ |
| 10-Year CAGR | +11.5% ▲ |
🏠 Rent Trends
| 1-Year | -1.6% ▼ |
| 3-Year CAGR | +3.5% ▲ |
| 5-Year CAGR | N/A |
The current 30-yr mortgage rate (6.8%) exceeds the estimated cap rate (4.0%). 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 07203
Population: 22,455
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 07203
Schools in This ZIP Code
Nearby Schools (5 more)
Schools in adjacent ZIP codes that may serve this area
Abraham Lincoln School No. 14
Battle Hill Elementary
Connecticut Farms Elementary
David Brearley Middle/High School
Dr. Orlando Edreira Academy School No. 26
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 3,036 students living off-campus nearby, this area has strong rental demand from the college population.
Frequently Asked Questions
What is the investability score for Roselle, NJ?
The 3.0/5 investability rating in Roselle, NJ reflects its $520K prices and $2,632/mo rents. Investors generally consider it a solid option within NJ.
What do rentals go for in Roselle, NJ?
Roselle, NJ rentals go for roughly $2,632/mo a month. That puts gross yield in solid territory relative to $520K acquisition costs.
Is vacancy a concern in Roselle, NJ?
Roselle, NJ vacancy trends elevated. Investors running standard buy-and-hold plays see reasonable downtime between tenants.
Are landlord laws favorable in Roselle, NJ?
For rental operators, Roselle, NJ rates as tenant-protective. The regulatory environment standard buy-and-hold operations.
Are homes affordable in Roselle, NJ?
Typical homes in Roselle, NJ go for around $520K. The 5-year CAGR of 0.0% stable price movement.
You know 07203 now. You don’t know where it ranks.
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How 07203 ranks in New York-Newark-Jersey City, NY-NJ-PA
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