Real Estate Investing in Cedar Knolls, New Jersey (07927)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 07927 (Cedar Knolls, 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.
What’s happening in Cedar Knolls, NJ (07927)?
Click any question — our AI will research it live from the web and show you sources.
Market Analysis: 07927 Cedar Knolls
On balance, ZIP 07927 has challenges — vacancy pressure, softer price growth, and tenant stability concerns sit alongside the $759K median. It rewards specialists, not generalists.
Distressed does not mean uninvestable. It means the margin for error is thinner. ZIP 07927 rewards the prepared, punishes the overconfident, and leaves the math unchanged either way.
Regionally, 07927 sits on the difficult end of the NJ spectrum. The a viable market for read — for disciplined operators — is that pricing reflects the difficulty.
A sturdy renter share of 41% in 07927 is not, on its own, a problem — but paired with below-average income and high mobility, it changes the operating playbook.
Strategically, 07927 can be a high-return sleeve of a diversified portfolio — but it should not be the whole portfolio, and it should not be someone's first deal.
Here's what matters if you're considering buying a home in Cedar Knolls:
Property Strategy for 07927
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 2BR | $484,530 | $3,310 | 4.9% | +7.0% | $242,265 |
| 3BR | $681,880 | $4,140 | 4.4% | +6.8% | $227,293 |
| 4BR | $887,283 | $4,710 | 3.8% | +8.0% | $221,821 |
Market Trends
Home Value History (with trend line)
Rent History (with trend line)
📊 How Does 07927 Compare?
| Metric | 07927 | Cedar Knolls | New Jersey |
|---|---|---|---|
| Home Value | $759,176 | $759,176 | $559,826 |
| 5-Year CAGR | 6.2% | 6.2% | 8.4% |
| Avg Rent | $3,491 | $3,491 | - |
| Cap Rate | 3.6% | 3.6% | - |
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 07927 (Cedar Knolls, 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 | $759,176 |
| Monthly Rent | $3,491 |
| Price-to-Rent | 18.1:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 5.5% |
| Cap Rate | 3.6% |
| 5-Year IRR | 9.8% |
📈 Home Appreciation
| 1-Year | +6.0% ▲ |
| 3-Year CAGR | +6.0% ▲ |
| 5-Year CAGR | +6.2% ▲ |
| 10-Year CAGR | +4.5% ▲ |
🏠 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 (3.6%). 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 07927
Population: 4,754
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 07927
Nearby Schools (5 more)
Schools in adjacent ZIP codes that may serve this area
Alfred Vail School
Bee Meadow School
Memorial Junior School
Morris Plains Borough School
Whippany Park 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
Frequently Asked Questions
Does house hacking make sense in Cedar Knolls, NJ?
House hacking in Cedar Knolls, NJ is reasonable to execute. Prices around $759K and rents of $3,491/mo solid owner-occupant economics.
What is the investability score for Cedar Knolls, NJ?
Cedar Knolls, NJ shows an investability rating of 3.0/5, with median home values near $759K and average rents around $3,491/mo. That combination puts it in the notable tier for investor interest.
How qualified is the tenant pool in Cedar Knolls, NJ?
Expect a solid tenant pool in Cedar Knolls, NJ. The rental market absorbs $3,491/mo rents without meaningful friction.
Is Cedar Knolls, NJ a friendly market for rental owners?
For rental operators, Cedar Knolls, NJ rates as tenant-protective. The regulatory environment standard buy-and-hold operations.
What is the average home sale price in Cedar Knolls, NJ?
Expect median prices around $759K in Cedar Knolls, NJ. The market has run at a 0.0% 5-year CAGR, so entry costs have been consistent.
You know 07927 now. You don’t know where it ranks.
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How 07927 ranks in New York-Newark-Jersey City, NY-NJ-PA
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