Real Estate Investing in Hawthorne, New Jersey (07506)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 07506 (Hawthorne, NJ)? Our answer, based on the numbers below.
Mixed — home prices are stretched relative to local incomes. Run the math on your specific situation.
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 Hawthorne, NJ (07506)?
Click any question — our AI will research it live from the web and show you sources.
Market Analysis: 07506 Hawthorne
ZIP 07506 in Hawthorne, NJ carries a resilient set of headwinds. Home values near $650K and rents of $2,670/mo sit inside a market where underwriting has to be tight.
For an experienced owner, 07506 can be a worth a close look for hunting ground — but the discount at $650K reflects genuine risk that outside investors often underestimate.
Turning to rents, 07506 offers a low basis, the region around Hawthorne has moved on in ways that the ZIP itself has not fully absorbed. The result is a discount with genuine reasons.
From a cash-flow lens, 19,472 residents fill the ZIP, renter turnover runs higher than neighboring postal codes and delinquency risk is a real line item rather than a theoretical one.
Strategically, 07506 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 Hawthorne:
Property Strategy for 07506
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 2BR | $542,670 | $2,360 | 3.1% | +7.4% | $271,335 |
| 3BR | $611,600 | $2,880 | 3.4% | +7.5% | $203,867 |
| 4BR | $699,024 | $3,670 | 3.8% | +7.4% | $174,756 |
Market Trends
Home Value History (with trend line)
Rent History (with trend line)
📊 How Does 07506 Compare?
| Metric | 07506 | Hawthorne | New Jersey |
|---|---|---|---|
| Home Value | $650,262 | $650,262 | $559,826 |
| 5-Year CAGR | 6.2% | 6.2% | 8.4% |
| Avg Rent | $2,670 | $2,670 | - |
| 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 07506 (Hawthorne, NJ). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $650,262 |
| Monthly Rent | $2,670 |
| Price-to-Rent | 20.3:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 4.9% |
| Cap Rate | 3.2% |
| 5-Year IRR | 9.4% |
📈 Home Appreciation
| 1-Year | +6.8% ▲ |
| 3-Year CAGR | +6.5% ▲ |
| 5-Year CAGR | +6.2% ▲ |
| 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 (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 07506
Population: 19,472
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 07506
Schools in This ZIP Code
Nearby Schools (5 more)
Schools in adjacent ZIP codes that may serve this area
Dwight D. Eisenhower Middle School
Glen Rock High School
Glen Rock Middle School
Memorial Elementary School
Memorial Middle 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 6,904 students living off-campus nearby, this area has strong rental demand from the college population.
Frequently Asked Questions
Are landlord laws favorable in Hawthorne, NJ?
Hawthorne, NJ operates under NJ law, which is tenant-protective overall for landlords. Expect reliable treatment in typical lease and eviction cases.
Which investment style suits Hawthorne, NJ?
Investors usually favor careful cash-flow rentals with hands-on management in Hawthorne, NJ. With home values at $650K and rents near $2,670/mo, other strategies can work but produce measured rather than outsized returns.
How expensive is real estate in Hawthorne, NJ?
The median home value in Hawthorne, NJ is roughly $650K. That puts it reasonable relative to the NJ statewide average.
How strong is Hawthorne, NJ for real estate investors?
Hawthorne, NJ rates 3.0/5 for investability. With median values at $650K and rents near $2,670/mo, the market offers reasonable fundamentals for rental investors.
What does house hacking look like in Hawthorne, NJ?
For house hackers, Hawthorne, NJ is a challenging. The $2,670/mo rent on a unit helps defray the mortgage on a $650K property.
You know 07506 now. You don’t know where it ranks.
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How 07506 ranks in New York-Newark-Jersey City, NY-NJ-PA
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