Real Estate Investing in Netcong, New Jersey (07857)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 07857 (Netcong, 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.
• Modeled rent — no observed market rent for this ZIP; the figure is estimated from HUD fair-market rent.
What’s happening in Netcong, NJ (07857)?
Click any question — our AI will research it live from the web and show you sources.
Market Analysis: 07857 Netcong
ZIP 07857 in Netcong, NJ carries a notable set of headwinds. Home values near $496K and rents of $1,737/mo sit inside a market where underwriting has to be tight.
If the plan assumes clean turnover, on-time rent, and low maintenance on a $496K asset, 07857 is the wrong submarket. If the plan prices in friction, the yield can still work.
Nearby ZIPs in Netcong have seen price recovery that 07857 has not matched. Morris County data supports the view that the spread is structural rather than temporary.
Looking more closely, 3,543 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 07857 ZIP fits a narrow investor profile — hands-on, patient, and willing to accept that the cap rate on paper is not the cap rate in reality.
Here's what matters if you're considering buying a home in Netcong:
Market Trends
Home Value History (with trend line)
📊 How Does 07857 Compare?
| Metric | 07857 | Netcong | New Jersey |
|---|---|---|---|
| Home Value | $495,996 | $495,996 | $559,826 |
| 5-Year CAGR | 6.0% | 6.0% | 8.4% |
| Avg Rent | $1,737 | $1,737 | - |
| Cap Rate | 2.7% | 2.7% | - |
Similar ZIPs Within 25 Miles
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Landlord Ground Truth
Real numbers from people who own or manage rentals in ZIP 07857 (Netcong, NJ). Anonymous, moderated, never written by AI.
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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 | $495,996 |
| Monthly Rent | $1,737 |
| Price-to-Rent | 23.8:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 4.2% |
| Cap Rate | 2.7% |
| 5-Year IRR | 8.7% |
📈 Home Appreciation
| 1-Year | +5.0% ▲ |
| 3-Year CAGR | +5.7% ▲ |
| 5-Year CAGR | +6.0% ▲ |
| 10-Year CAGR | +6.2% ▲ |
🏠 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 (2.7%). 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 07857
Population: 3,543
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 07857
Schools in This ZIP Code
Nearby Schools (5 more)
Schools in adjacent ZIP codes that may serve this area
Byram Intermediate School
Chester M. Stephens Elementary School
Lenape Valley Regional High School
Sandshore Rd. Elementary School
Valley Road 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 2,715 students living off-campus nearby, this area has strong rental demand from the college population.
Frequently Asked Questions
Do landlords face vacancy issues in Netcong, NJ?
Vacancy in Netcong, NJ is elevated, which keeps landlord downtime on reasonable timelines. Most properties lease within the standard window at $1,737/mo.
Which investment style suits Netcong, NJ?
Netcong, NJ investors pursuing careful cash-flow rentals with hands-on management. The underlying economics ($496K prices, $1,737/mo rents) make it a reasonable choice.
How strong are rents in Netcong, NJ?
Rents in Netcong, NJ run near $1,737/mo. Compared with median home prices of $496K that produces solid gross yields for typical rentals.
Is Netcong, NJ landlord-friendly?
Netcong, NJ operates under NJ law, which is tenant-protective overall for landlords. Expect measured treatment in typical lease and eviction cases.
Is Netcong, NJ a good market for buy-and-hold investors?
The 3.0/5 investability rating in Netcong, NJ reflects its $496K prices and $1,737/mo rents. Investors generally consider it a solid option within NJ.
You know 07857 now. You don’t know where it ranks.
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