Real Estate Investing in Stanhope, New Jersey (07874)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 07874 (Stanhope, 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.
• Modeled rent — no observed market rent for this ZIP; the figure is estimated from HUD fair-market rent.
What’s happening in Stanhope, NJ (07874)?
Click any question — our AI will research it live from the web and show you sources.
Market Analysis: 07874 Stanhope
Not every below-median market is a bargain. Stanhope's 07874 ZIP clocks in at signals that favor experienced operators who can absorb the risk $455K pricing implies.
Rent of $2,259/mo on a $455K basis reads well until vacancy, delinquency, and capex enter the model. The honest cap rate in 07874 sits below the stated 0.0% once reality is priced in.
Within NJ, ZIP 07874 trails on several market indicators that neighboring Sussex County submarkets outperform. The gap is real and sturdy enough to shape underwriting.
Who lives in 07874 is part of why the ZIP is priced as it is. The demographic profile requires hands-on management, tight screening, and local knowledge.
seems to 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 Stanhope:
Property Strategy for 07874
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 1BR | $274,154 | $2,070 | 5.4% | +11.7% | $274,154 |
| 2BR | $343,016 | $2,510 | 5.3% | +11.2% | $171,508 |
| 3BR | $461,239 | $3,140 | 4.9% | +10.6% | $153,746 |
| 4BR | $530,824 | $3,570 | 4.8% | +10.0% | $132,706 |
Market Trends
Home Value History (with trend line)
📊 How Does 07874 Compare?
| Metric | 07874 | Stanhope | New Jersey |
|---|---|---|---|
| Home Value | $454,649 | $454,649 | $559,826 |
| 5-Year CAGR | 7.2% | 7.2% | 8.4% |
| Avg Rent | $2,259 | $2,259 | - |
| Cap Rate | 3.9% | 3.9% | - |
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 07874 (Stanhope, NJ). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $454,649 |
| Monthly Rent | $2,259 |
| Price-to-Rent | 16.8:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 6.0% |
| Cap Rate | 3.9% |
| 5-Year IRR | 11.1% |
📈 Home Appreciation
| 1-Year | +4.7% ▲ |
| 3-Year CAGR | +6.9% ▲ |
| 5-Year CAGR | +7.2% ▲ |
| 10-Year CAGR | +7.5% ▲ |
🏠 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 (3.9%). 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 07874
Population: 8,498
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 07874
Schools in This ZIP Code
Nearby Schools (5 more)
Schools in adjacent ZIP codes that may serve this area
Hopatcong High School
Durban Avenue Elementary School
Netcong Elementary School
Nixon Elementary School
Hopatcong 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 2,715 students living off-campus nearby, this area has strong rental demand from the college population.
Frequently Asked Questions
Where do home prices stand in Stanhope, NJ?
Expect median prices around $455K in Stanhope, NJ. The market has run at a 0.0% 5-year CAGR, so entry costs have been reliable.
What is the typical renter like in Stanhope, NJ?
Tenant demand in Stanhope, NJ is solid. The local workforce $2,259/mo rents across most rental classes.
What is the rental occupancy rate in Stanhope, NJ?
Rental vacancy in Stanhope, NJ is elevated. Investors should budget normal turnover but not chronic empty units.
Are landlord laws favorable in Stanhope, NJ?
Stanhope, NJ falls under NJ landlord-tenant law, which is tenant-protective. That backdrop makes day-to-day property management reasonable.
What do landlords charge for rent in Stanhope, NJ?
Investors in Stanhope, NJ typically see rents near $2,259/mo per month against $455K home values - a solid setup for rental cash flow.
You know 07874 now. You don’t know where it ranks.
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