Real Estate Investing in Long Valley, New Jersey (07853)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 07853 (Long Valley, NJ)? Our answer, based on the numbers below.
Solid choice — values are growing steadily and the market is stable enough to buy with confidence.
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 29.2 — 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 Long Valley, NJ (07853)?
Click any question — our AI will research it live from the web and show you sources.
Market Analysis: 07853 Long Valley
ZIP 07853 in Long Valley, NJ carries a impressive set of headwinds. Home values near $751K and rents of $2,142/mo sit inside a market where underwriting has to be tight.
The 07853 ZIP can work — but only with a tight operating hand. Remote landlords and passive investors tend to struggle here more than the underwriting suggests.
Regionally, 07853 sits on the difficult end of the NJ spectrum. The a credible choice for read — for disciplined operators — is that pricing reflects the difficulty.
Who lives in 07853 is part of why the ZIP is priced as it is. The demographic profile requires hands-on management, tight screening, and local knowledge.
Distressed ZIPs reward experience. substantial returns are possible in 07853, but they flow to investors who already understand how to operate in soft markets.
Here's what matters if you're considering buying a home in Long Valley:
Property Strategy for 07853
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 3BR | $594,564 | $2,980 | 3.6% | +8.8% | $198,188 |
| 4BR | $772,205 | $3,390 | 3.2% | +9.1% | $193,051 |
| 5BR | $923,254 | — | — | +9.2% | $184,651 |
Market Trends
Home Value History (with trend line)
📊 How Does 07853 Compare?
| Metric | 07853 | Long Valley | New Jersey |
|---|---|---|---|
| Home Value | $751,263 | $751,263 | $559,826 |
| 5-Year CAGR | 6.2% | 6.2% | 8.4% |
| Avg Rent | $2,142 | $2,142 | - |
| Cap Rate | 2.2% | 2.2% | - |
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 07853 (Long Valley, NJ). Anonymous, moderated, never written by AI.
Do you own or manage rentals in ZIP 07853 (Long Valley, NJ)?
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Property managers serving Morris County
Manage rentals here? List your business →Denali Property Management New Jersey specializes in condo management. summary from their website
PMI Prime Property Services offers residential, association, and commercial property management in Northern New Jersey, including marketing, tenant screening, and maintenance. summary from their website
Alliance Property Management LLC provides property management services. 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 | $751,263 |
| Monthly Rent | $2,142 |
| Price-to-Rent | 29.2:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 3.4% |
| Cap Rate | 2.2% |
| 5-Year IRR | 8.4% |
📈 Home Appreciation
| 1-Year | +5.5% ▲ |
| 3-Year CAGR | +6.0% ▲ |
| 5-Year CAGR | +6.2% ▲ |
| 10-Year CAGR | +4.9% ▲ |
🏠 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 07853
Population: 12,360
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 07853
Schools in This ZIP Code
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 3,957 students living off-campus nearby, this area has strong rental demand from the college population.
Frequently Asked Questions
How does Long Valley, NJ stack up for property investment?
Long Valley, NJ scores 3.0/5 for investability. Home values sit at $751K and rents near $2,142/mo, which keeps the rent-to-price ratio in reasonable territory for buy-and-hold investors.
Do landlords face vacancy issues in Long Valley, NJ?
Long Valley, NJ sees elevated vacancy, which is reasonable relative to the broader NJ rental market.
What is the average monthly rent in Long Valley, NJ?
Average rent in Long Valley, NJ is approximately $2,142/mo per month. Against $751K home values that yields a reasonable rent-to-price ratio.
Are homes affordable in Long Valley, NJ?
Homes in Long Valley, NJ typically sell near $751K. Prices have moved at a 0.0% 5-year CAGR, which measured long-term demand.
How should investors approach Long Valley, NJ?
The best-fit strategy in Long Valley, NJ is careful cash-flow rentals with hands-on management. That approach the rent and price profile of the market.
You know 07853 now. You don’t know where it ranks.
This page stays free — all of it. What one page can’t tell you is how 07853 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 07853 ranks in New York-Newark-Jersey City, NY-NJ-PA
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