Real Estate Investing in Northvale, New Jersey (07647)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 07647 (Northvale, 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 29.1 — 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 Northvale, NJ (07647)?
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Market Analysis: 07647 Northvale
ZIP 07647 in Northvale, NJ carries a significant set of headwinds. Home values near $787K and rents of $2,250/mo sit inside a market where underwriting has to be tight.
The investment case in 07647 is solid only for operators who understand what they are buying. A $787K median suggests accessibility, but management intensity, vacancy drift, and capex surprises are real.
From an investor standpoint, 07647 offers a low basis, the region around Northvale has moved on in ways that the ZIP itself has not fully absorbed. The result is a discount with genuine reasons.
Employment concentration in 07647 leans toward sectors with higher volatility. The demographic consequence is income fluctuation that investors need to factor into their pro forma.
Strategically, 07647 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 Northvale:
Property Strategy for 07647
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 3BR | $716,019 | $3,050 | 3.1% | +8.8% | $238,673 |
| 4BR | $824,737 | $3,890 | 3.4% | +8.9% | $206,184 |
Market Trends
Home Value History (with trend line)
📊 How Does 07647 Compare?
| Metric | 07647 | Northvale | New Jersey |
|---|---|---|---|
| Home Value | $786,564 | $786,564 | $559,826 |
| 5-Year CAGR | 6.5% | 6.5% | 8.4% |
| Avg Rent | $2,250 | $2,250 | - |
| Cap Rate | 2.2% | 2.2% | - |
Similar ZIPs Within 25 Miles
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Landlord Ground Truth
Real numbers from people who own or manage rentals in ZIP 07647 (Northvale, 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 | $786,564 |
| Monthly Rent | $2,250 |
| Price-to-Rent | 29.1:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 3.4% |
| Cap Rate | 2.2% |
| 5-Year IRR | 8.7% |
📈 Home Appreciation
| 1-Year | +9.5% ▲ |
| 3-Year CAGR | +6.9% ▲ |
| 5-Year CAGR | +6.5% ▲ |
| 10-Year CAGR | +5.0% ▲ |
🏠 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 (2.2%). 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 07647
Population: 5,301
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 07647
Schools in This ZIP Code
Nearby Schools (5 more)
Schools in adjacent ZIP codes that may serve this area
Harrington Park School
Hillside Elementary School
Norwood Public School
WILLIAM O SCHAEFER ELEMENTARY SCHOOL
Tenakill 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
What do landlords charge for rent in Northvale, NJ?
Expect rents around $2,250/mo per month in Northvale, NJ. With home values at $787K, the yield math works out to reasonable levels for rental investors.
How deep is the rental pool in Northvale, NJ?
Expect a solid tenant pool in Northvale, NJ. The rental market absorbs $2,250/mo rents without meaningful friction.
Which real estate strategy fits Northvale, NJ?
The best-fit strategy in Northvale, NJ is careful cash-flow rentals with hands-on management. That approach the rent and price profile of the market.
Is Northvale, NJ a friendly market for rental owners?
For rental operators, Northvale, NJ rates as tenant-protective. The regulatory environment standard buy-and-hold operations.
Where do home prices stand in Northvale, NJ?
Northvale, NJ home values average about $787K. That price point suits investors targeting rentals with $2,250/mo in monthly income.
You know 07647 now. You don’t know where it ranks.
This page stays free — all of it. What one page can’t tell you is how 07647 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 07647 ranks in New York-Newark-Jersey City, NY-NJ-PA
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