Real Estate Investing in Bloomsbury, New Jersey (08804)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 08804 (Bloomsbury, 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.
• Modeled rent — no observed market rent for this ZIP; the figure is estimated from HUD fair-market rent.
What’s happening in Bloomsbury, NJ (08804)?
Click any question — our AI will research it live from the web and show you sources.
Market Analysis: 08804 Bloomsbury
The 08804 ZIP covers a section of Bloomsbury that demands careful diligence. Prices near $507K look accessible, but the work to make a deal cash flow is real.
The 08804 ZIP can work — but only with a tight operating hand. Remote landlords and passive investors tend to struggle here more than the underwriting suggests.
In the broader NJ picture, 08804 is a reminder that not every low-priced ZIP is a value-add opportunity — some are simply distressed, and the difference matters.
Resident income in 08804 sits below the county median. That reality colors rent collection, vacancy, and reinvestment math in ways that outside investors often underestimate.
The 08804 ZIP fits a narrow investor profile — hands-on, patient, and willing to accept that the cap rate on paper is not the cap rate in reality.
Here's what matters if you're considering buying a home in Bloomsbury:
Property Strategy for 08804
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 3BR | $449,636 | $3,130 | 5.0% | +8.6% | $149,879 |
| 4BR | $636,028 | $3,520 | 4.0% | +9.4% | $159,007 |
Market Trends
Home Value History (with trend line)
📊 How Does 08804 Compare?
| Metric | 08804 | Bloomsbury | New Jersey |
|---|---|---|---|
| Home Value | $506,771 | $506,771 | $559,826 |
| 5-Year CAGR | 5.4% | 5.4% | 8.4% |
| Avg Rent | $2,304 | $2,304 | - |
| 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 08804 (Bloomsbury, NJ). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $506,771 |
| Monthly Rent | $2,304 |
| Price-to-Rent | 18.3:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 5.5% |
| Cap Rate | 3.6% |
| 5-Year IRR | 8.9% |
📈 Home Appreciation
| 1-Year | +5.1% ▲ |
| 3-Year CAGR | +5.7% ▲ |
| 5-Year CAGR | +5.4% ▲ |
| 10-Year CAGR | +5.4% ▲ |
🏠 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 08804
Population: 3,066
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 08804
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 1,827 students living off-campus nearby, this area has strong rental demand from the college population.
Frequently Asked Questions
What are rental rates like in Bloomsbury, NJ?
The typical rental in Bloomsbury, NJ commands about $2,304/mo monthly. That rent profile steady cash flow against the $507K purchase basis.
What does house hacking look like in Bloomsbury, NJ?
House hacking in Bloomsbury, NJ is a challenging. With home values around $507K and rents at $2,304/mo, owner-occupants can offset a meaningful share of PITI.
What is the best play in Bloomsbury, NJ?
In Bloomsbury, NJ the robust play is typically careful cash-flow rentals with hands-on management. The combination of $507K prices and $2,304/mo rents suits that approach.
Are landlord laws favorable in Bloomsbury, NJ?
The landlord environment in Bloomsbury, NJ is tenant-protective. Statewide rules shape most day-to-day operations for rental owners.
How strong is the working-renter base in Bloomsbury, NJ?
Expect a solid tenant pool in Bloomsbury, NJ. The rental market absorbs $2,304/mo rents without meaningful friction.
You know 08804 now. You don’t know where it ranks.
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How 08804 ranks in New York-Newark-Jersey City, NY-NJ-PA
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