Real Estate Investing in Pompton Lakes, New Jersey (07442)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 07442 (Pompton Lakes, NJ)? Our answer, based on the numbers below.
Mixed signals — some positives, some negatives. Worth considering but not a slam-dunk.
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 Pompton Lakes, NJ (07442)?
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Market Analysis: 07442 Pompton Lakes
The 07442 ZIP covers a section of Pompton Lakes that demands careful diligence. Prices near $566K look accessible, but the work to make a deal cash flow is real.
For an experienced owner, 07442 can be a a solid fit for hunting ground — but the discount at $566K reflects genuine risk that outside investors often underestimate.
The gap between 07442 and stronger Pompton Lakes ZIPs is not closing quickly. Investors should weight long-horizon assumptions accordingly.
Who lives in 07442 is part of why the ZIP is priced as it is. The demographic profile requires hands-on management, tight screening, and local knowledge.
Strategically, 07442 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 Pompton Lakes:
Property Strategy for 07442
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 1BR | $273,344 | $2,060 | 5.4% | — | $273,344 |
| 2BR | $446,966 | $2,370 | 3.8% | +8.8% | $223,483 |
| 3BR | $558,556 | $2,890 | 3.7% | +9.6% | $186,185 |
| 4BR | $607,086 | $3,690 | 4.4% | +9.7% | $151,771 |
Market Trends
Home Value History (with trend line)
📊 How Does 07442 Compare?
| Metric | 07442 | Pompton Lakes | New Jersey |
|---|---|---|---|
| Home Value | $566,244 | $566,244 | $559,826 |
| 5-Year CAGR | 6.7% | 6.7% | 8.4% |
| Avg Rent | $2,133 | $2,133 | - |
| Cap Rate | 2.9% | 2.9% | - |
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 07442 (Pompton Lakes, NJ). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $566,244 |
| Monthly Rent | $2,133 |
| Price-to-Rent | 22.1:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 4.5% |
| Cap Rate | 2.9% |
| 5-Year IRR | 9.6% |
📈 Home Appreciation
| 1-Year | +5.1% ▲ |
| 3-Year CAGR | +6.3% ▲ |
| 5-Year CAGR | +6.7% ▲ |
| 10-Year CAGR | +7.0% ▲ |
🏠 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 (2.9%). 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 07442
Population: 11,010
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 07442
Schools in This ZIP Code
Nearby Schools (5 more)
Schools in adjacent ZIP codes that may serve this area
Haskell Elementary School
North Boulevard School
Pequannock Township High School
Pequannock Valley School
Martha B. Day 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
Investor Insight: With 2,289 students living off-campus nearby, this area has strong rental demand from the college population.
Frequently Asked Questions
Is housing expensive in Pompton Lakes, NJ?
Pompton Lakes, NJ median home values land near $566K. That is reasonable territory for investors looking at $2,133/mo-per-month rentals.
What is the average monthly rent in Pompton Lakes, NJ?
Expect rents around $2,133/mo per month in Pompton Lakes, NJ. With home values at $566K, the yield math works out to reasonable levels for rental investors.
What approach is best for Pompton Lakes, NJ real estate?
The best-fit strategy in Pompton Lakes, NJ is careful cash-flow rentals with hands-on management. That approach the rent and price profile of the market.
Is house hacking profitable in Pompton Lakes, NJ?
House hacking works a challenging in Pompton Lakes, NJ. Rents of $2,133/mo against $566K acquisition make the strategy solid for owner-occupants.
Is Pompton Lakes, NJ good for landlords?
Pompton Lakes, NJ falls under NJ landlord-tenant law, which is tenant-protective. That backdrop makes day-to-day property management reasonable.
You know 07442 now. You don’t know where it ranks.
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How 07442 ranks in New York-Newark-Jersey City, NY-NJ-PA
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