Real Estate Investing in Annandale, New Jersey (08801)

Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.

Hunterdon County • Population: 7,391 • Data updated: September 2026

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Should you buy in 08801 (Annandale, NJ)? Our answer, based on the numbers below.

🏠 For Homebuyers
GOOD FIT
Grade B (76/100)

Solid choice — values are growing steadily and the market is stable enough to buy with confidence.

📈 For Investors
MIXED
3.0 / 5 (47/100)

A middle-of-the-road market. Workable, but the best opportunities may be nearby ZIPs rather than this one.

⚠️ Risks to Know
1 flag
  • Tenant-protective state: Landlord rating 1.0/5 — slower evictions, more regulations.

What’s happening in Annandale, NJ (08801)?

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3.0/ 5

Investability

Overall investment appeal

3.0/ 5

Appreciation

Long-term value growth

3.0/ 5

Cashflow ROI

Rental yield potential

Avg Home Value $632,361
Avg Monthly Rent $2,768
1% Rule ✗ Does Not Meet
Median Income $151,375
% Renters 16.0%

Market Analysis: 08801 Annandale

Investors eyeing 08801 need to respect the fundamentals at play. Home values of $632K come alongside slower price movement and elevated management overhead.

If the plan assumes clean turnover, on-time rent, and low maintenance on a $632K asset, 08801 is the wrong submarket. If the plan prices in friction, the yield can still work.

Stepping back, 08801 offers a low basis, the region around Annandale has moved on in ways that the ZIP itself has not fully absorbed. The result is a discount with genuine reasons.

A substantial renter share of 16% in 08801 is not, on its own, a problem — but paired with below-average income and high mobility, it changes the operating playbook.

The right play in 08801 usually involves deep tenant screening, aggressive delinquency response, and a conservative capex buffer. Anything less, and the discount can turn into a trap.

Explore the Data — Click a Tab Below
🏦 Current 30-yr Fixed Mortgage Rate: 6.76% as of Sep 10 Source: Freddie Mac PMMS

Here's what matters if you're considering buying a home in Annandale:

C+ Average
Buy Confidence Score: 69/100
Affordability
15/25
Appreciation
22/25
Stability
9/20
Timing
8/15
Rental backup
15/15
Affordability
Moderate
Homes cost 4.2× the median income
Value Trend
Rising (+4.1%)
How home values changed in the past year
Rental Backup
Strong
Could rent for $2,768/mo if you need to move
Market Conditions
BALANCED
Even conditions for buyers and sellers
Bottom Line: Mixed signals in this market. Research specific properties carefully and be prepared to negotiate.
🏠

Property Strategy for 08801

Which property type performs best in this market?

Best for Cash Flow
1BR
6.2% cap rate
Best for Appreciation
1BR
+10.4% 5yr CAGR
Best Overall Value
3BR
$195,895/bedroom
📊 Compare All Property Types →
Type Median Value Est. Rent Cap Rate 5yr CAGR $/Bedroom
1BR $279,248 $2,400 6.2% +10.4% $279,248
2BR $409,798 $3,010 5.3% +8.9% $204,899
3BR $587,684 $3,610 4.4% +8.3% $195,895
4BR $832,719 $3,990 3.4% +8.9% $208,180

Market Trends

Home Value History (with trend line)

$654K$592K$530K$469K$407K$345KJul 2006Jul 2016Jul 2026

Rent History (with trend line)

No data available

📊 How Does 08801 Compare?

Metric 08801 Annandale New Jersey
Home Value $632,361 $632,361 $559,826
5-Year CAGR 5.6% 5.6% 8.4%
Avg Rent $2,768 $2,768 -
Cap Rate 3.4% 3.4% -
💡 Why Invest in 08801? Click to expand

With a 3/5 investability rating, this ZIP shows solid fundamentals for buy-and-hold investors.

📊 See where this ZIP ranks in our Best-of lists →
A great house in the wrong ZIP is still a bad deal — screen every market by cash flow & cap rate.
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Landlord Ground Truth

Real numbers from people who own or manage rentals in ZIP 08801 (Annandale, NJ). Anonymous, moderated, never written by AI.

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Investability
Good
Cap Rate
3.4%
Low
5yr Growth
+5.6%
Moderate

📊 Market Snapshot

Home Value $632,361
Monthly Rent $2,768
Price-to-Rent 19.0:1
1% Rule ✗ Fails

💰 Return Metrics

Gross Yield 5.3%
Cap Rate 3.4%
5-Year IRR 9.0%

📈 Home Appreciation

1-Year +4.1% ▲
3-Year CAGR +5.0% ▲
5-Year CAGR +5.6% ▲
10-Year CAGR +4.4% ▲

🏠 Rent Trends

1-Year N/A
3-Year CAGR N/A
5-Year CAGR N/A
Negative Leverage — IRR / Tax Play Cap Rate: 3.4%  |  30yr Rate: 6.8%
Leverage reduces cash returns at current rates.

The current 30-yr mortgage rate (6.8%) exceeds the estimated cap rate (3.4%). 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.

Vacancy
3.6%
Low risk
Landlord Climate
1.0/5
Protective
Value Trend (5yr)
+5.6%
Stable
Eviction process: Slow Rent control: Unfavorable

Demographics in 08801

Population: 7,391

💰 Median Household Income
$151,375
This area
$151,375
State
$113,906
USA
$74,580
🏠 Renter Occupied
16.0%
This area
16.0%
State
28.4%
USA
34.0%
💼 Unemployment Rate
2.7%
This area
2.7%
State
-9.5%
USA
3.7%
🎓 College Educated
59.9%
This area
59.9%
State
25.9%
USA
33.7%
👤 Median Age
41.1 years
This area
41.1 years
State
22.0 years
USA
38.9 years
🏚️ Vacancy Rate
3.6%
This area
3.6%
State
9.2%
USA
10.5%
👥 Population by Ethnicity
White 76.6%
Black/African American 11.2%
Other/Mixed 7.2%
Asian 5.0%
Hispanic/Latino 4.0%
👶 Under 18
16.6%
This area
16.6%
USA
22.0%
👴 65 and Over
18.7%
This area
18.7%
USA
17.3%
📊 Poverty Rate
1.5%
This area
1.5%
USA
11.5%

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 08801

B Avg School Grade
3 Schools
67.1:1 Avg Class Size
$32,404 Avg Per Pupil

Schools in This ZIP Code

A+ Excellent

North Hunterdon High School

📚 09 – 12 High School
👥
1,262 Students
👨‍🏫
10.9:1 Class Size
💰
$31,250 Per Student
C+ Average

Hunterdon County Academies

📚 09 – 12 High School
👥
297 Students
👨‍🏫
123.2:1 Class Size
💰
$33,557 Per Student
C Below Average

William H. Fauver Youth Correctional Facility

📚 Grade N Elementary Limited Data

Nearby Schools (5 more)

Schools in adjacent ZIP codes that may serve this area

A+ Excellent

Clinton Public School

📚 Pre-K – 08 School
📍 10 SCHOOL STREET, CLINTON
👥
462 Students
👨‍🏫
10.2:1 Class Size
💰
$27,874 Per Student
A+ Excellent

Clinton Township Middle School

📚 06 – 08 Middle
📍 34 GRAYROCK ROAD, CLINTON
👥
414 Students
👨‍🏫
11.2:1 Class Size
💰
$29,651 Per Student
A+ Excellent

High Bridge Elementary School

📚 Pre-K – 04 Elementary
📍 40 FAIRVIEW AVENUE, HIGH BRIDGE
👥
210 Students
👨‍🏫
6.7:1 Class Size
💰
$30,824 Per Student
A Very Good

High Bridge Middle School

📚 05 – 08 School
📍 50 THOMAS ST, HIGH BRIDGE
👥
141 Students
👨‍🏫
13.4:1 Class Size
💰
$30,824 Per Student
B Good

Spruce Run

📚 Grade PK Elementary Limited Data
📍 27 BELVIDERE AVENUE, CLINTON
💰
$29,651 Per Student
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

2 Nearby 2,270 Off-Campus Students
C
Raritan Valley Community College
6,587 students · 10.5 mi
C+
Warren County Community College
3,342 students · 10.6 mi

Investor Insight: With 2,270 students living off-campus nearby, this area has strong rental demand from the college population.

Frequently Asked Questions

Is vacancy a concern in Annandale, NJ?

Expect elevated vacancy in Annandale, NJ. Rents at $2,768/mo are absorbed by the tenant base without meaningful lag.

What is it like being a landlord in Annandale, NJ?

NJ ranks as a tenant-protective state for landlord-tenant law. Annandale generally follows the statewide framework, so landlords face reasonable operating rules.

Does Annandale, NJ make sense for an investment property?

With a 3.0/5 investability score, Annandale, NJ ranks as a solid market for rental property investors. Median prices of $632K and rents of $2,768/mo drive the underlying numbers.

How deep is the rental pool in Annandale, NJ?

The tenant pool in Annandale, NJ is solid, supported by local employment and population fundamentals. Rents of $2,768/mo are well-absorbed by the market.

How strong are rents in Annandale, NJ?

Investors in Annandale, NJ typically see rents near $2,768/mo per month against $632K home values - a solid setup for rental cash flow.

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How 08801 ranks in New York-Newark-Jersey City, NY-NJ-PA

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