Real Estate Investing in Succasunna, New Jersey (07876)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 07876 (Succasunna, 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 Succasunna, NJ (07876)?
Click any question — our AI will research it live from the web and show you sources.
Market Analysis: 07876 Succasunna
Investors eyeing 07876 need to respect the fundamentals at play. Home values of $674K come alongside slower price movement and elevated management overhead.
Rent of $2,790/mo on a $674K basis reads well until vacancy, delinquency, and capex enter the model. The honest cap rate in 07876 sits below the stated 0.0% once reality is priced in.
In the broader NJ picture, 07876 is a reminder that not every low-priced ZIP is a value-add opportunity — some are simply distressed, and the difference matters.
The demographic picture in 07876 includes headwinds that any investor should price in. Income distribution skews lower than Succasunna averages, and tenant stability requires active management.
The right play in 07876 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 Succasunna:
Property Strategy for 07876
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 2BR | $399,137 | $3,100 | 5.6% | +9.3% | $199,568 |
| 3BR | $580,609 | $3,880 | 4.8% | +9.1% | $193,536 |
| 4BR | $707,103 | $4,410 | 4.5% | +9.3% | $176,776 |
| 5BR | $766,054 | — | — | +9.2% | $153,211 |
Market Trends
Home Value History (with trend line)
📊 How Does 07876 Compare?
| Metric | 07876 | Succasunna | New Jersey |
|---|---|---|---|
| Home Value | $673,722 | $673,722 | $559,826 |
| 5-Year CAGR | 6.4% | 6.4% | 8.4% |
| Avg Rent | $2,790 | $2,790 | - |
| Cap Rate | 3.2% | 3.2% | - |
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 07876 (Succasunna, 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 | $673,722 |
| Monthly Rent | $2,790 |
| Price-to-Rent | 20.1:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 5.0% |
| Cap Rate | 3.2% |
| 5-Year IRR | 9.7% |
📈 Home Appreciation
| 1-Year | +4.0% ▲ |
| 3-Year CAGR | +6.1% ▲ |
| 5-Year CAGR | +6.4% ▲ |
| 10-Year CAGR | +5.9% ▲ |
🏠 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 (3.2%). 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 07876
Population: 9,667
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 07876
Schools in This ZIP Code
Nearby Schools (3 more)
Schools in adjacent ZIP codes that may serve this area
Mountain View Elementary School
Tinc Rd. Elementary School
Mount Olive High 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 1,705 students living off-campus nearby, this area has strong rental demand from the college population.
Frequently Asked Questions
Does a duplex house hack pencil in Succasunna, NJ?
The a challenging house-hack environment in Succasunna, NJ reflects the rent-to-price spread. Expect meaningful PITI offset at market rents.
Is the tenant base reliable in Succasunna, NJ?
The renter base in Succasunna, NJ is reasonable for the $2,790/mo price point. Screening well and pricing to market typically yields even-keeled tenants.
Where do home prices stand in Succasunna, NJ?
Succasunna, NJ home values average about $674K. That price point suits investors targeting rentals with $2,790/mo in monthly income.
What kind of market is Succasunna, NJ for investors?
Investors tracking Succasunna, NJ will find a 3.0/5 rating supported by $674K median home values and $2,790/mo rents. That profile suits long-term holders targeting steady returns.
Is Succasunna, NJ landlord-friendly?
NJ ranks as a tenant-protective state for landlord-tenant law. Succasunna generally follows the statewide framework, so landlords face reasonable operating rules.
You know 07876 now. You don’t know where it ranks.
This page stays free — all of it. What one page can’t tell you is how 07876 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 07876 ranks in New York-Newark-Jersey City, NY-NJ-PA
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