Real Estate Investing in Woodcliff Lake, New Jersey (07677)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 07677 (Woodcliff Lake, 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 39.9 — 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 Woodcliff Lake, NJ (07677)?
Click any question — our AI will research it live from the web and show you sources.
Market Analysis: 07677 Woodcliff Lake
This part of Bergen County is not an easy win. The 07677 ZIP sits at softness in key indicators, and the playbook that works in cleaner markets often stalls here.
Stepping back, the numbers look inviting — $1.3M purchase price, 0.0% nominal cap — the work to hit that pro forma in 07677 is substantial and deserves full respect.
Within NJ, ZIP 07677 trails on several market indicators that neighboring Bergen County submarkets outperform. The gap is real and durable enough to shape underwriting.
Put differently, 6,097 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.
The right play in 07677 usually involves deep tenant screening, aggressive delinquency response, and a conservative capex buffer. Anything less, and the discount can turn into a trap.
Here's what matters if you're considering buying a home in Woodcliff Lake:
Property Strategy for 07677
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 4BR | $1,172,450 | $4,670 | 2.9% | +9.8% | $293,112 |
| 5BR | $1,553,715 | — | — | +10.8% | $310,743 |
Market Trends
Home Value History (with trend line)
📊 How Does 07677 Compare?
| Metric | 07677 | Woodcliff Lake | New Jersey |
|---|---|---|---|
| Home Value | $1,292,469 | $1,292,469 | $559,826 |
| 5-Year CAGR | 7.8% | 7.8% | 8.4% |
| Avg Rent | $2,700 | $2,700 | - |
| Cap Rate | 1.6% | 1.6% | - |
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 07677 (Woodcliff Lake, 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 | $1,292,469 |
| Monthly Rent | $2,700 |
| Price-to-Rent | 39.9:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 2.5% |
| Cap Rate | 1.6% |
| 5-Year IRR | 9.4% |
📈 Home Appreciation
| 1-Year | +9.7% ▲ |
| 3-Year CAGR | +8.5% ▲ |
| 5-Year CAGR | +7.8% ▲ |
| 10-Year CAGR | +5.2% ▲ |
🏠 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 (1.6%). 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 07677
Population: 6,097
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 07677
Schools in This ZIP Code
Nearby Schools (5 more)
Schools in adjacent ZIP codes that may serve this area
Ann Blanche Smith
East Brook Elementary School
Edith A. Bogert Elementary School
Emil A. Cavallini Middle School
Fieldstone 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
Investor Insight: With 4,637 students living off-campus nearby, this area has strong rental demand from the college population.
Frequently Asked Questions
How expensive is real estate in Woodcliff Lake, NJ?
The median home value in Woodcliff Lake, NJ is roughly $1.3M. That puts it reasonable relative to the NJ statewide average.
What kind of tenants rent in Woodcliff Lake, NJ?
Tenant quality in Woodcliff Lake, NJ ranks as solid. Landlords generally report predictable occupancy at market rents of $2,700/mo.
Can I house hack in Woodcliff Lake, NJ?
Woodcliff Lake, NJ offers a tougher house-hacking opportunity. Small multifamily or rent-by-the-room plays can pair well with the $2,700/mo rent level.
What is the average monthly rent in Woodcliff Lake, NJ?
Rent in Woodcliff Lake, NJ is around $2,700/mo. The resulting rent-to-value relationship with $1.3M pricing is reasonable for most investor models.
What kind of vacancy should I budget for in Woodcliff Lake, NJ?
Occupancy in Woodcliff Lake, NJ runs even-keeled with elevated vacancy. Well-priced units at $2,700/mo lease on reasonable timelines.
You know 07677 now. You don’t know where it ranks.
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How 07677 ranks in New York-Newark-Jersey City, NY-NJ-PA
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