Real Estate Investing in South Hackensack, New Jersey (07606)
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Should you buy in 07606 (South Hackensack, NJ)? Our answer, based on the numbers below.
Proceed carefully. Weak appreciation or affordability makes this a harder case for most buyers.
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 26.5 — 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 South Hackensack, NJ (07606)?
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Market Analysis: 07606 South Hackensack
Investors eyeing 07606 need to respect the fundamentals at play. Home values of $722K come alongside slower price movement and elevated management overhead.
For an experienced owner, 07606 can be a a viable market for hunting ground — but the discount at $722K reflects genuine risk that outside investors often underestimate.
In the broader NJ picture, 07606 is a reminder that not every low-priced ZIP is a value-add opportunity — some are simply distressed, and the difference matters.
The 07606 ZIP's population of 2,771 has faced economic pressure over the last decade. That pressure shows up in rent delinquency patterns that reports the need for careful underwriting.
Distressed ZIPs reward experience. healthy returns are possible in 07606, 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 South Hackensack:
Market Trends
Home Value History (with trend line)
📊 How Does 07606 Compare?
| Metric | 07606 | South Hackensack | New Jersey |
|---|---|---|---|
| Home Value | $722,177 | $722,177 | $559,826 |
| 5-Year CAGR | 6.2% | 6.2% | 8.4% |
| Avg Rent | $2,268 | $2,268 | - |
| Cap Rate | 2.5% | 2.5% | - |
Similar ZIPs Within 25 Miles
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Landlord Ground Truth
Real numbers from people who own or manage rentals in ZIP 07606 (South Hackensack, NJ). Anonymous, moderated, never written by AI.
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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 | $722,177 |
| Monthly Rent | $2,268 |
| Price-to-Rent | 26.5:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 3.8% |
| Cap Rate | 2.5% |
| 5-Year IRR | 8.6% |
📈 Home Appreciation
| 1-Year | +6.3% ▲ |
| 3-Year CAGR | +6.4% ▲ |
| 5-Year CAGR | +6.2% ▲ |
| 10-Year CAGR | +6.0% ▲ |
🏠 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 (2.5%). 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 07606
Population: 2,771
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 07606
Schools in This ZIP Code
Nearby Schools (5 more)
Schools in adjacent ZIP codes that may serve this area
Bergen County Technical High School - Teterboro
Carlstadt Public School
E. Roy Bixby
Fanny Meyer Hillers
Frank W. Gavlak 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
Frequently Asked Questions
Is South Hackensack, NJ a good place for real estate investing?
With a 3.0/5 investability score, South Hackensack, NJ ranks as a solid market for rental property investors. Median prices of $722K and rents of $2,268/mo drive the underlying numbers.
What are rental rates like in South Hackensack, NJ?
South Hackensack, NJ rentals go for roughly $2,268/mo a month. That puts gross yield in solid territory relative to $722K acquisition costs.
Is South Hackensack, NJ good for landlords?
Rental owners in South Hackensack, NJ deal with a tenant-protective legal framework. Most standard eviction processes run on reasonable timelines.
Does house hacking make sense in South Hackensack, NJ?
For house hackers, South Hackensack, NJ is a challenging. The $2,268/mo rent on a unit helps defray the mortgage on a $722K property.
How high is vacancy risk in South Hackensack, NJ?
South Hackensack, NJ sees elevated vacancy, which is reasonable relative to the broader NJ rental market.
You know 07606 now. You don’t know where it ranks.
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How 07606 ranks in New York-Newark-Jersey City, NY-NJ-PA
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