Real Estate Investing in Sparta Township, New Jersey (07871)

Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.

Sussex County • Population: 21,167 • Data updated: September 2026

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Should you buy in 07871 (Sparta Township, NJ)? Our answer, based on the numbers below.

🏠 For Homebuyers
GOOD FIT
Grade B (75/100)

Solid choice — values are growing steadily and the market is stable enough to buy with confidence.

📈 For Investors
MIXED
3.0 / 5 (52/100)

A middle-of-the-road market. Workable, but the best opportunities may be nearby ZIPs rather than this one.

⚠️ Risks to Know
1 flag
  • Tenant-protective state: Landlord rating 1.0/5 — slower evictions, more regulations.

What’s happening in Sparta Township, NJ (07871)?

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3.0/ 5

Investability

Overall investment appeal

3.0/ 5

Appreciation

Long-term value growth

4.0/ 5

Cashflow ROI

Rental yield potential

Avg Home Value $621,719
Avg Monthly Rent $3,300
1% Rule ✗ Does Not Meet
Median Income $159,924
% Renters 10.1%

Market Analysis: 07871 Sparta Township

On the rental side, ZIP 07871 has challenges — vacancy pressure, softer price growth, and tenant stability concerns sit alongside the $622K median. It rewards specialists, not generalists.

The investment case in 07871 is durable only for operators who understand what they are buying. A $622K median suggests accessibility, but management intensity, vacancy drift, and capex surprises are real.

ZIP 07871's metrics run below Sussex County's averages on price growth and tenant stability. Investors who ignore that regional gap tend to relearn it the hard way.

In practical terms, 21,167 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.

Experienced landlords with local relationships tend to find 07871 workable. Turnkey investors from out of state usually find the numbers do not hold up in practice.

Explore the Data — Click a Tab Below
🏦 Current 30-yr Fixed Mortgage Rate: 6.76% as of Sep 10 Source: Freddie Mac PMMS

Here's what matters if you're considering buying a home in Sparta Township:

B Good
Buy Confidence Score: 73/100
Affordability
15/25
Appreciation
22/25
Stability
13/20
Timing
8/15
Rental backup
15/15
Affordability
Moderate
Homes cost 3.9× the median income
Value Trend
Rising (+4.9%)
How home values changed in the past year
Rental Backup
Strong
Could rent for $3,300/mo if you need to move
Market Conditions
BALANCED
Even conditions for buyers and sellers
Bottom Line: Mixed signals in this market. Research specific properties carefully and be prepared to negotiate.
🏠

Property Strategy for 07871

Which property type performs best in this market?

Best for Cash Flow
2BR
4.4% cap rate
Best for Appreciation
5BR
+10.6% 5yr CAGR
Best Overall Value
3BR
$177,301/bedroom
📊 Compare All Property Types →
Type Median Value Est. Rent Cap Rate 5yr CAGR $/Bedroom
2BR $415,672 $2,550 4.4% +10.0% $207,836
3BR $531,904 $3,190 4.3% +9.7% $177,301
4BR $753,165 $3,630 3.5% +10.0% $188,291
5BR $992,245 +10.6% $198,449

Market Trends

Home Value History (with trend line)

$646K$576K$506K$436K$366K$296KMay 2006Jun 2016Jul 2026

Rent History (with trend line)

No data available

📊 How Does 07871 Compare?

Metric 07871 Sparta Township New Jersey
Home Value $621,719 $621,719 $559,826
5-Year CAGR 6.1% 6.1% 8.4%
Avg Rent $3,300 $3,300 -
Cap Rate 4.1% 4.1% -
💡 Why Invest in 07871? Click to expand

With a 3/5 investability rating, this ZIP shows solid fundamentals for buy-and-hold investors.

📊 See where this ZIP ranks in our Best-of lists →
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Landlord Ground Truth

Real numbers from people who own or manage rentals in ZIP 07871 (Sparta Township, NJ). Anonymous, moderated, never written by AI.

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Investability
Good
Cap Rate
4.1%
Fair
5yr Growth
+6.1%
Strong

📊 Market Snapshot

Home Value $621,719
Monthly Rent $3,300
Price-to-Rent 15.7:1
1% Rule ✗ Fails

💰 Return Metrics

Gross Yield 6.4%
Cap Rate 4.1%
5-Year IRR 10.2%

📈 Home Appreciation

1-Year +4.9% ▲
3-Year CAGR +5.6% ▲
5-Year CAGR +6.1% ▲
10-Year CAGR +5.9% ▲

🏠 Rent Trends

1-Year N/A
3-Year CAGR N/A
5-Year CAGR N/A
Negative Leverage — IRR / Tax Play Cap Rate: 4.1%  |  30yr Rate: 6.8%
Leverage reduces cash returns at current rates.

The current 30-yr mortgage rate (6.8%) exceeds the estimated cap rate (4.1%). 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.

Vacancy
6.7%
Low risk
Landlord Climate
1.0/5
Protective
Value Trend (5yr)
+6.1%
Growing
Eviction process: Slow Rent control: Unfavorable

Demographics in 07871

Population: 21,167

💰 Median Household Income
$159,924
This area
$159,924
State
$113,906
USA
$74,580
🏠 Renter Occupied
10.1%
This area
10.1%
State
28.4%
USA
34.0%
💼 Unemployment Rate
3.2%
This area
3.2%
State
-9.5%
USA
3.7%
🎓 College Educated
60.8%
This area
60.8%
State
25.9%
USA
33.7%
👤 Median Age
42.4 years
This area
42.4 years
State
22.0 years
USA
38.9 years
🏚️ Vacancy Rate
6.7%
This area
6.7%
State
9.2%
USA
10.5%
👥 Population by Ethnicity
White 88.7%
Other/Mixed 7.3%
Hispanic/Latino 4.5%
Asian 3.6%
Black/African American 0.3%
👶 Under 18
23.7%
This area
23.7%
USA
22.0%
👴 65 and Over
14.1%
This area
14.1%
USA
17.3%
📊 Poverty Rate
2.7%
This area
2.7%
USA
11.5%

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 07871

A+ Avg School Grade
8 Schools
10.5:1 Avg Class Size
$27,930 Avg Per Pupil

Schools in This ZIP Code

A+ Excellent

Helen Morgan School

📚 04 – 05 Elementary
👥
462 Students
👨‍🏫
11.5:1 Class Size
💰
$28,890 Per Student
A+ Excellent

Sparta Middle School

📚 06 – 08 Middle
👥
747 Students
👨‍🏫
10.0:1 Class Size
💰
$28,890 Per Student
A+ Excellent

Sussex County Technical School

📚 09 – 12 High School
👥
689 Students
👨‍🏫
11.9:1 Class Size
💰
$28,482 Per Student
A+ Excellent

Alpine Elementary School

📚 Pre-K – 02 Elementary
👥
792 Students
👨‍🏫
13.9:1 Class Size
💰
$28,890 Per Student
A+ Excellent

Sparta High School

📚 09 – 12 High School
👥
1,045 Students
👨‍🏫
10.3:1 Class Size
💰
$28,890 Per Student
A+ Excellent

Sussex County Technology Charter School

📚 06 – 08 Middle Charter
👥
220 Students
👨‍🏫
9.4:1 Class Size
💰
$22,575 Per Student
A+ Excellent

Mohawk Avenue School

📚 Grade 03 Elementary
👥
244 Students
👨‍🏫
12.2:1 Class Size
💰
$28,890 Per Student
C+ Average

Northern Hills Academy

📚 Pre-K – 12 K-12
👥
50 Students
👨‍🏫
4.6:1 Class Size

Nearby Schools (1 more)

Schools in adjacent ZIP codes that may serve this area

A+ Excellent

Ogdensburg Borough School

📚 Pre-K – 08 School
📍 100 MAIN STREET, OGDENSBURG
👥
268 Students
👨‍🏫
9.5:1 Class Size
💰
$24,147 Per Student
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

6 Nearby 2,715 Off-Campus Students
C
Sussex County Community College
2,220 students · 6.9 mi
D
Joe Kubert School of Cartoon and Graphic Art
0 students · 11.7 mi
B
Assumption College for Sisters
35 students · 12.1 mi
C+
Cutting Edge Academy
94 students · 12.3 mi
C
County College of Morris
6,069 students · 13.2 mi
C+
Morris County Vocational School District
32 students · 14.0 mi

Investor Insight: With 2,715 students living off-campus nearby, this area has strong rental demand from the college population.

Frequently Asked Questions

What approach is best for Sparta Township, NJ real estate?

In Sparta Township, NJ the robust play is typically careful cash-flow rentals with hands-on management. The combination of $622K prices and $3,300/mo rents suits that approach.

What is the tenant pool like in Sparta Township, NJ?

Tenant quality in Sparta Township, NJ ranks as solid. Landlords generally report predictable occupancy at market rents of $3,300/mo.

What kind of vacancy should I budget for in Sparta Township, NJ?

Vacancy risk in Sparta Township, NJ is elevated. That supports stable cash flow for typical rental holds.

Can owner-occupants cash flow in Sparta Township, NJ?

The a challenging house-hack environment in Sparta Township, NJ reflects the rent-to-price spread. Expect meaningful PITI offset at market rents.

Is Sparta Township, NJ good for landlords?

The landlord environment in Sparta Township, NJ is tenant-protective. Statewide rules shape most day-to-day operations for rental owners.

You know 07871 now. You don’t know where it ranks.

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How 07871 ranks in New York-Newark-Jersey City, NY-NJ-PA

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