Real Estate Investing in Hackensack, New Jersey (07601)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 07601 (Hackensack, 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 cash-flow market — rent-to-price math works from day one, though value growth is modest. Great for income-focused investors.
- Tenant-protective state: Landlord rating 1.0/5 — slower evictions, more regulations.
What’s happening in Hackensack, NJ (07601)?
Click any question — our AI will research it live from the web and show you sources.
Market Analysis: 07601 Hackensack
The 07601 ZIP in Hackensack, NJ is a local-operator market. Outside capital chasing a $472K entry has to pair deep knowledge with the discount.
The investment case in 07601 is notable only for operators who understand what they are buying. A $472K median suggests accessibility, but management intensity, vacancy drift, and capex surprises are real.
The gap between 07601 and stronger Hackensack ZIPs is not closing quickly. Investors should weight long-horizon assumptions accordingly.
Demographically, 07601 is a market where tenant selection matters more than unit finishes. Operators who understand that tend to do fine; those who do not tend to learn why the ZIP trades at a discount.
Distressed ZIPs reward experience. significant returns are possible in 07601, but they flow to investors who already understand how to operate in soft markets.
Here's what matters if you're considering buying a home in Hackensack:
Property Strategy for 07601
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 1BR | $288,628 | $2,180 | 5.4% | +6.8% | $288,628 |
| 2BR | $384,664 | $2,500 | 4.7% | +7.2% | $192,332 |
| 3BR | $590,309 | $3,050 | 3.7% | +8.1% | $196,770 |
| 4BR | $682,936 | $3,890 | 4.1% | +7.9% | $170,734 |
Market Trends
Home Value History (with trend line)
Rent History (with trend line)
📊 How Does 07601 Compare?
| Metric | 07601 | Hackensack | New Jersey |
|---|---|---|---|
| Home Value | $472,186 | $472,186 | $559,826 |
| 5-Year CAGR | 4.6% | 4.6% | 8.4% |
| Avg Rent | $2,720 | $2,720 | - |
| Cap Rate | 4.5% | 4.5% | - |
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 07601 (Hackensack, NJ). Anonymous, moderated, never written by AI.
Do you own or manage rentals in ZIP 07601 (Hackensack, NJ)?
~25 seconds · no account needed · your report is anonymous
Property managers serving Bergen County
Manage rentals here? List your business →First National Realty Management, LLC offers tenant services including registration, maintenance requests, and notary services. summary from their website
MEM Property Management Corporation offers property management, construction, collection, and insurance services, helping clients enjoy their homes. 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 | $472,186 |
| Monthly Rent | $2,720 |
| Price-to-Rent | 14.5:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 6.9% |
| Cap Rate | 4.5% |
| 5-Year IRR | 9.1% |
📈 Home Appreciation
| 1-Year | +3.2% ▲ |
| 3-Year CAGR | +4.8% ▲ |
| 5-Year CAGR | +4.6% ▲ |
| 10-Year CAGR | +5.6% ▲ |
🏠 Rent Trends
| 1-Year | +7.0% ▲ |
| 3-Year CAGR | +2.9% ▲ |
| 5-Year CAGR | +5.2% ▲ |
The current 30-yr mortgage rate (6.8%) exceeds the estimated cap rate (4.5%). 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 07601
Population: 45,768
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 07601
Schools in This ZIP Code
Nearby Schools (5 more)
Schools in adjacent ZIP codes that may serve this area
Benjamin Franklin Middle School
Bergen County Technical High School - Teterboro
Cherry Hill School
E. Roy Bixby
Hasbrouck Heights 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
Frequently Asked Questions
How do home values compare in Hackensack, NJ?
Expect median prices around $472K in Hackensack, NJ. The market has run at a 0.0% 5-year CAGR, so entry costs have been steady.
What kind of market is Hackensack, NJ for investors?
Yes - Hackensack, NJ a 3.0/5 investability score. With $472K home prices against $2,720/mo monthly rent, the market delivers a reasonable entry point for new investors.
Are renters plentiful in Hackensack, NJ?
Hackensack, NJ offers a steady renter base at the $2,720/mo rent level. Tenant turnover is reasonable for well-managed properties.
How do landlord-tenant laws work in Hackensack, NJ?
Hackensack, NJ falls under NJ landlord-tenant law, which is tenant-protective. That backdrop makes day-to-day property management reasonable.
Do landlords face vacancy issues in Hackensack, NJ?
Hackensack, NJ carries elevated vacancy risk. Expect predictable absorption at market rents of $2,720/mo.
You know 07601 now. You don’t know where it ranks.
This page stays free — all of it. What one page can’t tell you is how 07601 compares to every other market. Investor ($19/mo) screens every U.S. ZIP by cap rate, the 1% rule, vacancy and landlord climate, and exports your shortlist.
How 07601 ranks in New York-Newark-Jersey City, NY-NJ-PA
Every ZIP in this metro, ranked. Free.
AI Market Advisor
Ask questions about investing in 07601 (Hackensack)
Community Ratings
What people who’ve spent time here actually say. Not paid reviews.
Be the first to rate 07601 (Hackensack, NJ).
It takes 30 seconds. No signup. Your rating helps everyone who comes here after you.