Real Estate Investing in Township of Washington, New Jersey (07676)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 07676 (Township of Washington, 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 26.1 — 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 Township of Washington, NJ (07676)?
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Market Analysis: 07676 Township of Washington
From a cash-flow lens, ZIP 07676 has challenges — vacancy pressure, softer price growth, and tenant stability concerns sit alongside the $843K median. It rewards specialists, not generalists.
For an experienced owner, 07676 can be a a credible choice for hunting ground — but the discount at $843K reflects genuine risk that outside investors often underestimate.
Nearby ZIPs in Township of Washington have seen price recovery that 07676 has not matched. Bergen County data supports the view that the spread is structural rather than temporary.
A robust renter share of 5% in 07676 is not, on its own, a problem — but paired with below-average income and high mobility, it changes the operating playbook.
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 Township of Washington:
Property Strategy for 07676
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 2BR | $653,507 | $2,990 | 3.3% | +7.6% | $326,754 |
| 3BR | $771,826 | $3,650 | 3.4% | +7.9% | $257,275 |
| 4BR | $897,710 | $4,650 | 3.7% | +7.8% | $224,427 |
| 5BR | $1,118,171 | — | — | +8.5% | $223,634 |
Market Trends
Home Value History (with trend line)
📊 How Does 07676 Compare?
| Metric | 07676 | Township of Washington | New Jersey |
|---|---|---|---|
| Home Value | $843,377 | $843,377 | $559,826 |
| 5-Year CAGR | 5.6% | 5.6% | 8.4% |
| Avg Rent | $2,691 | $2,691 | - |
| 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 07676 (Township of Washington, 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 | $843,377 |
| Monthly Rent | $2,691 |
| Price-to-Rent | 26.1:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 3.8% |
| Cap Rate | 2.5% |
| 5-Year IRR | 8.1% |
📈 Home Appreciation
| 1-Year | +7.0% ▲ |
| 3-Year CAGR | +5.6% ▲ |
| 5-Year CAGR | +5.6% ▲ |
| 10-Year CAGR | +4.7% ▲ |
🏠 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 07676
Population: 9,276
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 07676
Schools in This ZIP Code
Nearby Schools (5 more)
Schools in adjacent ZIP codes that may serve this area
Ann Blanche Smith
Dorchester Elementary School
East Brook Middle School
Emerson Jr Sr High
George G White
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
Which investment style suits Township of Washington, NJ?
Investors usually favor careful cash-flow rentals with hands-on management in Township of Washington, NJ. With home values at $843K and rents near $2,691/mo, other strategies can work but produce steady rather than outsized returns.
How much rent can I charge in Township of Washington, NJ?
Rents in Township of Washington, NJ run near $2,691/mo. Compared with median home prices of $843K that produces solid gross yields for typical rentals.
Where do home prices stand in Township of Washington, NJ?
Township of Washington, NJ home values average about $843K. That price point suits investors targeting rentals with $2,691/mo in monthly income.
What does house hacking look like in Township of Washington, NJ?
The a challenging house-hack environment in Township of Washington, NJ reflects the rent-to-price spread. Expect meaningful PITI offset at market rents.
Should investors consider Township of Washington, NJ?
With a 3.0/5 investability score, Township of Washington, NJ ranks as a solid market for rental property investors. Median prices of $843K and rents of $2,691/mo drive the underlying numbers.
You know 07676 now. You don’t know where it ranks.
This page stays free — all of it. What one page can’t tell you is how 07676 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 07676 ranks in New York-Newark-Jersey City, NY-NJ-PA
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