Real Estate Investing in Roosevelt, New Jersey (08555)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 08555 (Roosevelt, 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 Roosevelt, NJ (08555)?
Click any question — our AI will research it live from the web and show you sources.
Market Analysis: 08555 Roosevelt
Put differently, ZIP 08555 has challenges — vacancy pressure, softer price growth, and tenant stability concerns sit alongside the $510K median. It rewards specialists, not generalists.
The 08555 ZIP can work — but only with a tight operating hand. Remote landlords and passive investors tend to struggle here more than the underwriting suggests.
Statewide comparisons place 08555 among NJ's softer markets. That context does not make the ZIP uninvestable, but it does raise the bar for due diligence.
Resident income in 08555 sits below the county median. That reality colors rent collection, vacancy, and reinvestment math in ways that outside investors often underestimate.
The right play in 08555 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 Roosevelt:
Property Strategy for 08555
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 3BR | $462,666 | $4,480 | 7.0% | +9.5% | $154,222 |
| 4BR | $559,497 | $4,970 | 6.4% | +9.8% | $139,874 |
Market Trends
Home Value History (with trend line)
📊 How Does 08555 Compare?
| Metric | 08555 | Roosevelt | New Jersey |
|---|---|---|---|
| Home Value | $509,901 | $509,901 | $559,826 |
| 5-Year CAGR | 6.9% | 6.9% | 8.4% |
| Avg Rent | $3,087 | $3,087 | - |
| Cap Rate | 4.7% | 4.7% | - |
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 08555 (Roosevelt, NJ). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $509,901 |
| Monthly Rent | $3,087 |
| Price-to-Rent | 13.8:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 7.3% |
| Cap Rate | 4.7% |
| 5-Year IRR | 11.6% |
📈 Home Appreciation
| 1-Year | +4.9% ▲ |
| 3-Year CAGR | +6.2% ▲ |
| 5-Year CAGR | +6.9% ▲ |
| 10-Year CAGR | +6.9% ▲ |
🏠 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 (4.7%). 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 08555
Population: 1,059
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 08555
Schools in This ZIP Code
Nearby Schools (1 more)
Schools in adjacent ZIP codes that may serve this area
Millstone Township 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 1,288 students living off-campus nearby, this area has strong rental demand from the college population.
Frequently Asked Questions
How much should I expect to pay for a home in Roosevelt, NJ?
In Roosevelt, NJ the median home value sits at $510K. Against the broader NJ market, that reads as reasonable for most investors.
Is Roosevelt, NJ a friendly market for rental owners?
NJ ranks as a tenant-protective state for landlord-tenant law. Roosevelt generally follows the statewide framework, so landlords face reasonable operating rules.
What is the tenant pool like in Roosevelt, NJ?
Tenant demand in Roosevelt, NJ is solid. The local workforce $3,087/mo rents across most rental classes.
What kind of market is Roosevelt, NJ for investors?
Roosevelt, NJ sits at an investability rating of 3.0/5, with median home values near $510K and average rents around $3,087/mo. That combination puts it in the durable tier for investor interest.
Can owner-occupants cash flow in Roosevelt, NJ?
House hacking in Roosevelt, NJ is reasonable to execute. Prices around $510K and rents of $3,087/mo solid owner-occupant economics.
You know 08555 now. You don’t know where it ranks.
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How 08555 ranks in New York-Newark-Jersey City, NY-NJ-PA
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