Real Estate Investing in Totowa, New Jersey (07512)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 07512 (Totowa, 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.
- High price-to-rent: Price-to-rent ratio 27.9 — hard to cash-flow at these prices.
• Modeled rent — no observed market rent for this ZIP; the figure is estimated from HUD fair-market rent.
What’s happening in Totowa, NJ (07512)?
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Market Analysis: 07512 Totowa
ZIP 07512 in Totowa, NJ carries a robust set of headwinds. Home values near $669K and rents of $1,998/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 $669K asset, 07512 is the wrong submarket. If the plan prices in friction, the yield can still work.
Regionally, 07512 sits on the difficult end of the NJ spectrum. The a solid fit for read — for disciplined operators — is that pricing reflects the difficulty.
Put differently, 10,919 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, 07512 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 Totowa:
Property Strategy for 07512
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 2BR | $512,835 | $2,220 | 3.1% | +8.1% | $256,417 |
| 3BR | $607,781 | $2,710 | 3.2% | +8.1% | $202,594 |
| 4BR | $736,736 | $3,460 | 3.4% | +8.1% | $184,184 |
Market Trends
Home Value History (with trend line)
📊 How Does 07512 Compare?
| Metric | 07512 | Totowa | New Jersey |
|---|---|---|---|
| Home Value | $668,716 | $668,716 | $559,826 |
| 5-Year CAGR | 5.8% | 5.8% | 8.4% |
| Avg Rent | $1,998 | $1,998 | - |
| Cap Rate | 2.3% | 2.3% | - |
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 07512 (Totowa, NJ). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $668,716 |
| Monthly Rent | $1,998 |
| Price-to-Rent | 27.9:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 3.6% |
| Cap Rate | 2.3% |
| 5-Year IRR | 8.1% |
📈 Home Appreciation
| 1-Year | +6.6% ▲ |
| 3-Year CAGR | +6.1% ▲ |
| 5-Year CAGR | +5.8% ▲ |
| 10-Year CAGR | +5.9% ▲ |
🏠 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 (2.3%). 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 07512
Population: 10,919
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 07512
Schools in This ZIP Code
Nearby Schools (5 more)
Schools in adjacent ZIP codes that may serve this area
Beatrice Gilmore School
Edward W. Kilpatrick
Little Falls Township Public School # 1
Little Falls Township Public School # 2
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 5,291 students living off-campus nearby, this area has strong rental demand from the college population.
Frequently Asked Questions
How much should I expect to pay for a home in Totowa, NJ?
Expect median prices around $669K in Totowa, NJ. The market has run at a 0.0% 5-year CAGR, so entry costs have been reliable.
How strong is tenant demand in Totowa, NJ?
Totowa, NJ draws a even-keeled base of working renters. Demand at the $1,998/mo rent level is reasonable for standard single-family and small multi rentals.
Are landlord laws favorable in Totowa, NJ?
Rental owners in Totowa, NJ deal with a tenant-protective legal framework. Most standard eviction processes run on reasonable timelines.
What strategy should investors use in Totowa, NJ?
A careful cash-flow rentals with hands-on management strategy Totowa, NJ best. The market produces steady results for that approach at the $669K price point.
Is Totowa, NJ a good market for FHA house hackers?
Totowa, NJ is a a challenging market for house hackers. FHA or conventional owner-occupant buyers find the $669K price point reasonable to enter.
You know 07512 now. You don’t know where it ranks.
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How 07512 ranks in New York-Newark-Jersey City, NY-NJ-PA
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