Real Estate Investing in Port Norris, New Jersey (08349)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 08349 (Port Norris, NJ)? Our answer, based on the numbers below.
Mixed signals — some positives, some negatives. Worth considering but not a slam-dunk.
A cash-flow market — rent-to-price math works from day one, though value growth is modest. Great for income-focused investors.
- High vacancy: 22.0% of homes vacant — above national norms.
- 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 Port Norris, NJ (08349)?
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Market Analysis: 08349 Port Norris
The 08349 ZIP covers a section of Port Norris that demands careful diligence. Prices near $192K look accessible, but the work to make a deal cash flow is real.
The investment case in 08349 is sturdy only for operators who understand what they are buying. A $192K median suggests accessibility, but management intensity, vacancy drift, and capex surprises are real.
In the broader NJ picture, 08349 is a reminder that not every low-priced ZIP is a value-add opportunity — some are simply distressed, and the difference matters.
Employment concentration in 08349 leans toward sectors with higher volatility. The demographic consequence is income fluctuation that investors need to factor into their pro forma.
Experienced landlords with local relationships tend to find 08349 workable. Turnkey investors from out of state usually find the numbers do not hold up in practice.
Here's what matters if you're considering buying a home in Port Norris:
Market Trends
Home Value History (with trend line)
📊 How Does 08349 Compare?
| Metric | 08349 | Port Norris | Vineland-Bridgeton, NJ | New Jersey |
|---|---|---|---|---|
| Home Value | $191,829 | $214,292 | N/A | $559,826 |
| 5-Year CAGR | 4.9% | 3.7% | N/A | 8.4% |
| Avg Rent | $1,899 | $1,791 | N/A | - |
| Cap Rate | 7.7% | 6.6% | - | - |
Similar ZIPs Within 25 Miles
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Landlord Ground Truth
Real numbers from people who own or manage rentals in ZIP 08349 (Port Norris, NJ). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $191,829 |
| Monthly Rent | $1,899 |
| Price-to-Rent | 8.4:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 11.9% |
| Cap Rate | 7.7% |
| 5-Year IRR | 12.6% |
📈 Home Appreciation
| 1-Year | -0.4% ▼ |
| 3-Year CAGR | -0.3% ▼ |
| 5-Year CAGR | +4.9% ▲ |
| 10-Year CAGR | +6.5% ▲ |
🏠 Rent Trends
| 1-Year | N/A |
| 3-Year CAGR | N/A |
| 5-Year CAGR | N/A |
The current 30-yr mortgage rate (6.8%) is close to the estimated cap rate (7.7%). Financing this market at current rates produces a cash-on-cash return near the cap rate. Appreciation and tax benefits may still support the investment.
⚠️ Risk Signals
Composite view of factors that can impact a ZIP's stability and your downside risk.
Demographics in 08349
Population: 2,400
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 08349
Schools in This ZIP Code
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 797 students living off-campus nearby, this area has strong rental demand from the college population.
Frequently Asked Questions
Is Port Norris, NJ a good place for real estate investing?
The 3.0/5 investability rating in Port Norris, NJ reflects its $192K prices and $1,899/mo rents. Investors generally consider it a solid option within NJ.
What do landlords charge for rent in Port Norris, NJ?
Investors in Port Norris, NJ typically see rents near $1,899/mo per month against $192K home values - a solid setup for rental cash flow.
Is the tenant base reliable in Port Norris, NJ?
Port Norris, NJ offers a stable renter base at the $1,899/mo rent level. Tenant turnover is reasonable for well-managed properties.
What is the typical vacancy rate in Port Norris, NJ?
Rental vacancy in Port Norris, NJ is elevated. Investors should budget normal turnover but not chronic empty units.
How do experienced investors play Port Norris, NJ?
Port Norris, NJ investors pursuing careful cash-flow rentals with hands-on management. The underlying economics ($192K prices, $1,899/mo rents) make it a reasonable choice.
You know 08349 now. You don’t know where it ranks.
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How 08349 ranks in Vineland-Bridgeton, NJ
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