Real Estate Investing in Jersey City, New Jersey (07302)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 07302 (Jersey City, NJ)? Our answer, based on the numbers below.
Proceed carefully. Weak appreciation or affordability makes this a harder case for most buyers.
Structural challenges here. The numbers may look cheap but operational risk is high. Only for experienced, hands-on investors.
- Tenant-protective state: Landlord rating 1.0/5 — slower evictions, more regulations.
What’s happening in Jersey City, NJ (07302)?
Click any question — our AI will research it live from the web and show you sources.
Market Analysis: 07302 Jersey City
ZIP 07302 inside Hudson County looks affordable on the surface — median value of $903K — but the discount exists for reasons that a careful buyer should understand before committing.
The 07302 ZIP can work — but only with a tight operating hand. Remote landlords and passive investors tend to struggle here more than the underwriting suggests.
ZIP 07302's metrics run below Hudson County's averages on price growth and tenant stability. Investors who ignore that regional gap tend to relearn it the hard way.
Who lives in 07302 is part of why the ZIP is priced as it is. The demographic profile requires hands-on management, tight screening, and local knowledge.
Strategically, 07302 can be a high-return sleeve of a diversified portfolio — but it should not be the whole portfolio, and it should not be someone's first deal.
Here's what matters if you're considering buying a home in Jersey City:
Property Strategy for 07302
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 1BR | $651,835 | $3,680 | 4.1% | +3.2% | $651,835 |
| 2BR | $962,081 | $4,140 | 3.1% | +3.4% | $481,041 |
| 3BR | $1,378,480 | $5,050 | 2.6% | +4.2% | $459,493 |
Market Trends
Home Value History (with trend line)
Rent History (with trend line)
📊 How Does 07302 Compare?
| Metric | 07302 | Jersey City | New Jersey |
|---|---|---|---|
| Home Value | $902,619 | $393,255 | $559,826 |
| 5-Year CAGR | 1.9% | 3.0% | 8.4% |
| Avg Rent | $3,882 | $3,119 | - |
| Cap Rate | 3.4% | 3.4% | - |
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 07302 (Jersey City, NJ). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $902,619 |
| Monthly Rent | $3,882 |
| Price-to-Rent | 19.4:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 5.2% |
| Cap Rate | 3.4% |
| 5-Year IRR | 5.3% |
📈 Home Appreciation
| 1-Year | +2.3% ▲ |
| 3-Year CAGR | +2.2% ▲ |
| 5-Year CAGR | +1.9% ▲ |
| 10-Year CAGR | +2.1% ▲ |
🏠 Rent Trends
| 1-Year | +2.6% ▲ |
| 3-Year CAGR | +2.5% ▲ |
| 5-Year CAGR | +6.1% ▲ |
The current 30-yr mortgage rate (6.8%) exceeds the estimated cap rate (3.4%). 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 07302
Population: 55,448
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 07302
Schools in This ZIP Code
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 3,099 students living off-campus nearby, this area has strong rental demand from the college population.
Frequently Asked Questions
What strategy should investors use in Jersey City, NJ?
For Jersey City, NJ, careful cash-flow rentals with hands-on management is the standard investor playbook. The market structure makes it a reasonable default approach.
How much rent can I charge in Jersey City, NJ?
Investors in Jersey City, NJ typically see rents near $3,882/mo per month against $903K home values - a solid setup for rental cash flow.
What kind of vacancy should I budget for in Jersey City, NJ?
Jersey City, NJ carries elevated vacancy risk. Expect stable absorption at market rents of $3,882/mo.
What kind of tenants rent in Jersey City, NJ?
Expect a solid tenant pool in Jersey City, NJ. The rental market absorbs $3,882/mo rents without meaningful friction.
Is Jersey City, NJ good for landlords?
The landlord environment in Jersey City, NJ is tenant-protective. Statewide rules shape most day-to-day operations for rental owners.
You know 07302 now. You don’t know where it ranks.
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How 07302 ranks in New York-Newark-Jersey City, NY-NJ-PA
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