Real Estate Investing in Rochelle Park, New Jersey (07662)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 07662 (Rochelle Park, 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 25.6 — 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 Rochelle Park, NJ (07662)?
Click any question — our AI will research it live from the web and show you sources.
Market Analysis: 07662 Rochelle Park
Investors eyeing 07662 need to respect the fundamentals at play. Home values of $649K come alongside slower price movement and elevated management overhead.
For an experienced owner, 07662 can be a worth a close look for hunting ground — but the discount at $649K reflects genuine risk that outside investors often underestimate.
The gap between 07662 and stronger Rochelle Park ZIPs is not closing quickly. Investors should weight long-horizon assumptions accordingly.
Who lives in 07662 is part of why the ZIP is priced as it is. The demographic profile requires hands-on management, tight screening, and local knowledge.
New investors are better served looking at Rochelle Park's stable or hybrid ZIPs before stepping into 07662. The learning curve here is expensive when the lesson is wrong.
Here's what matters if you're considering buying a home in Rochelle Park:
Property Strategy for 07662
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 3BR | $624,244 | $2,870 | 3.3% | +8.4% | $208,081 |
| 4BR | $655,172 | $3,660 | 4.0% | +8.2% | $163,793 |
Market Trends
Home Value History (with trend line)
📊 How Does 07662 Compare?
| Metric | 07662 | Rochelle Park | New Jersey |
|---|---|---|---|
| Home Value | $649,216 | $649,216 | $559,826 |
| 5-Year CAGR | 6.1% | 6.1% | 8.4% |
| Avg Rent | $2,115 | $2,115 | - |
| Cap Rate | 2.5% | 2.5% | - |
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 07662 (Rochelle Park, NJ). Anonymous, moderated, never written by AI.
Do you own or manage rentals in ZIP 07662 (Rochelle Park, 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 | $649,216 |
| Monthly Rent | $2,115 |
| Price-to-Rent | 25.6:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 3.9% |
| Cap Rate | 2.5% |
| 5-Year IRR | 8.7% |
📈 Home Appreciation
| 1-Year | +5.9% ▲ |
| 3-Year CAGR | +6.4% ▲ |
| 5-Year CAGR | +6.1% ▲ |
| 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 07662
Population: 5,820
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 07662
Schools in This ZIP Code
Nearby Schools (5 more)
Schools in adjacent ZIP codes that may serve this area
Abraham Lincoln School #6
Cherry Hill School
Christopher Columbus School #8
East Brook Middle School
Fanny Meyer Hillers
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 4,645 students living off-campus nearby, this area has strong rental demand from the college population.
Frequently Asked Questions
What price range are homes in Rochelle Park, NJ?
The median home value in Rochelle Park, NJ is roughly $649K. That puts it reasonable relative to the NJ statewide average.
Are eviction rules reasonable in Rochelle Park, NJ?
For rental operators, Rochelle Park, NJ rates as tenant-protective. The regulatory environment standard buy-and-hold operations.
Is it easy to find good tenants in Rochelle Park, NJ?
The renter base in Rochelle Park, NJ is reasonable for the $2,115/mo price point. Screening well and pricing to market typically yields measured tenants.
Can owner-occupants cash flow in Rochelle Park, NJ?
Rochelle Park, NJ offers a challenging house-hacking opportunity. Small multifamily or rent-by-the-room plays can pair well with the $2,115/mo rent level.
Do rentals sit vacant long in Rochelle Park, NJ?
Expect elevated vacancy in Rochelle Park, NJ. Rents at $2,115/mo are absorbed by the tenant base without meaningful lag.
You know 07662 now. You don’t know where it ranks.
This page stays free — all of it. What one page can’t tell you is how 07662 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 07662 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 07662 (Rochelle Park)
Community Ratings
What people who’ve spent time here actually say. Not paid reviews.
Be the first to rate 07662 (Rochelle Park, NJ).
It takes 30 seconds. No signup. Your rating helps everyone who comes here after you.