Real Estate Investing in Montvale, New Jersey (07645)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 07645 (Montvale, 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 Montvale, NJ (07645)?
Click any question — our AI will research it live from the web and show you sources.
Market Analysis: 07645 Montvale
From a cash-flow lens, ZIP 07645 has challenges — vacancy pressure, softer price growth, and tenant stability concerns sit alongside the $947K median. It rewards specialists, not generalists.
Looking more closely, the numbers look inviting — $947K purchase price, 0.0% nominal cap — the work to hit that pro forma in 07645 is substantial and deserves full respect.
Statewide comparisons place 07645 among NJ's softer markets. That context does not make the ZIP uninvestable, but it does raise the bar for due diligence.
Meanwhile, 8,625 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.
leans the ZIP is not uninvestable, but it is unforgiving. Section 8 landlords, local operators, and specialized value-add funds are the investor types that tend to succeed.
Here's what matters if you're considering buying a home in Montvale:
Property Strategy for 07645
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 2BR | $669,520 | $2,840 | 3.1% | +9.1% | $334,760 |
| 3BR | $878,463 | $3,460 | 2.8% | +7.9% | $292,821 |
| 4BR | $1,046,142 | $4,420 | 3.0% | +9.3% | $261,536 |
| 5BR | $1,411,356 | — | — | +10.0% | $282,271 |
Market Trends
Home Value History (with trend line)
Rent History (with trend line)
📊 How Does 07645 Compare?
| Metric | 07645 | Montvale | New Jersey |
|---|---|---|---|
| Home Value | $947,320 | $947,320 | $559,826 |
| 5-Year CAGR | 6.1% | 6.1% | 8.4% |
| Avg Rent | $4,257 | $4,257 | - |
| Cap Rate | 3.5% | 3.5% | - |
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 07645 (Montvale, 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 | $947,320 |
| Monthly Rent | $4,257 |
| Price-to-Rent | 18.6:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 5.4% |
| Cap Rate | 3.5% |
| 5-Year IRR | 9.6% |
📈 Home Appreciation
| 1-Year | +6.7% ▲ |
| 3-Year CAGR | +6.4% ▲ |
| 5-Year CAGR | +6.1% ▲ |
| 10-Year CAGR | +4.5% ▲ |
🏠 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 (3.5%). 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 07645
Population: 8,625
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 07645
Schools in This ZIP Code
Nearby Schools (5 more)
Schools in adjacent ZIP codes that may serve this area
Dorchester Elementary School
East Brook Elementary School
Edith A. Bogert Elementary School
Emil A. Cavallini Middle School
EVANS PARK 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 strong is Montvale, NJ for real estate investors?
Montvale, NJ scores 3.0/5 for investability. Home values sit at $947K and rents near $4,257/mo, which keeps the rent-to-price ratio in reasonable territory for buy-and-hold investors.
What do landlords charge for rent in Montvale, NJ?
Expect rents around $4,257/mo per month in Montvale, NJ. With home values at $947K, the yield math works out to reasonable levels for rental investors.
Is NJ a landlord-friendly state?
The landlord environment in Montvale, NJ is tenant-protective. Statewide rules shape most day-to-day operations for rental owners.
Should investors worry about vacancy in Montvale, NJ?
Montvale, NJ sees elevated vacancy, which is reasonable relative to the broader NJ rental market.
How should investors approach Montvale, NJ?
In Montvale, NJ the notable play is typically careful cash-flow rentals with hands-on management. The combination of $947K prices and $4,257/mo rents suits that approach.
You know 07645 now. You don’t know where it ranks.
This page stays free — all of it. What one page can’t tell you is how 07645 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 07645 ranks in New York-Newark-Jersey City, NY-NJ-PA
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