Real Estate Investing in Bridgewater Township, New Jersey (08807)

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

Somerset County • Population: 38,438 • Data updated: September 2026

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Should you buy in 08807 (Bridgewater Township, NJ)? Our answer, based on the numbers below.

🏠 For Homebuyers
MIXED
Grade C (68/100)

Mixed signals — some positives, some negatives. Worth considering but not a slam-dunk.

📈 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 Bridgewater Township, NJ (08807)?

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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 $745,235
Avg Monthly Rent $3,024
1% Rule ✗ Does Not Meet
Median Income $153,743
% Renters 16.1%

Market Analysis: 08807 Bridgewater Township

Not every below-median market is a bargain. Bridgewater Township's 08807 ZIP stands at signals that favor experienced operators who can absorb the risk $745K pricing implies.

Put differently, the numbers look inviting — $745K purchase price, 0.0% nominal cap — the work to hit that pro forma in 08807 is substantial and deserves full respect.

Statewide comparisons place 08807 among NJ's softer markets. That context does not make the ZIP uninvestable, but it does raise the bar for due diligence.

The 08807 ZIP's population of 38,438 has faced economic pressure over the last decade. That pressure shows up in rent delinquency patterns that records the need for careful underwriting.

The 08807 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.

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 Bridgewater Township:

C+ Average
Buy Confidence Score: 68/100
Affordability
10/25
Appreciation
22/25
Stability
13/20
Timing
8/15
Rental backup
15/15
Affordability
Moderate
Homes cost 4.8× the median income
Value Trend
Rising (+4.5%)
How home values changed in the past year
Rental Backup
Strong
Could rent for $3,024/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 08807

Which property type performs best in this market?

Best for Cash Flow
2BR
4.4% cap rate
Best for Appreciation
5BR
+8.4% 5yr CAGR
Best Overall Value
3BR
$206,527/bedroom
📊 Compare All Property Types →
Type Median Value Est. Rent Cap Rate 5yr CAGR $/Bedroom
2BR $440,806 $2,720 4.4% +8.2% $220,403
3BR $619,582 $3,260 3.8% +8.2% $206,527
4BR $881,883 $3,610 2.9% +8.3% $220,471
5BR $1,053,073 +8.4% $210,615

Market Trends

Home Value History (with trend line)

$771K$696K$621K$547K$472K$397KJul 2006Jul 2016Jul 2026

Rent History (with trend line)

$3,093$3,004$2,915$2,827$2,738$2,649Feb 2024May 2025Jul 2026

📊 How Does 08807 Compare?

Metric 08807 Bridgewater Township New Jersey
Home Value $745,235 $820,096 $559,826
5-Year CAGR 5.7% 5.7% 8.4%
Avg Rent $3,024 $2,750 -
Cap Rate 3.2% 2.7% -
💡 Why Invest in 08807? 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 →
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Landlord Ground Truth

Real numbers from people who own or manage rentals in ZIP 08807 (Bridgewater Township, NJ). Anonymous, moderated, never written by AI.

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Investability
Good
Cap Rate
3.2%
Low
5yr Growth
+5.7%
Moderate

📊 Market Snapshot

Home Value $745,235
Monthly Rent $3,024
Price-to-Rent 20.5:1
1% Rule ✗ Fails

💰 Return Metrics

Gross Yield 4.9%
Cap Rate 3.2%
5-Year IRR 8.9%

📈 Home Appreciation

1-Year +4.5% ▲
3-Year CAGR +5.2% ▲
5-Year CAGR +5.7% ▲
10-Year CAGR +4.6% ▲

🏠 Rent Trends

1-Year +4.9% ▲
3-Year CAGR N/A
5-Year CAGR N/A
Negative Leverage — IRR / Tax Play Cap Rate: 3.2%  |  30yr Rate: 6.8%
Leverage reduces cash returns at current rates.

The current 30-yr mortgage rate (6.8%) exceeds the estimated cap rate (3.2%). 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
3.8%
Low risk
Landlord Climate
1.0/5
Protective
Value Trend (5yr)
+5.7%
Stable
Eviction process: Slow Rent control: Unfavorable

Demographics in 08807

Population: 38,438

💰 Median Household Income
$153,743
This area
$153,743
State
$113,906
USA
$74,580
🏠 Renter Occupied
16.1%
This area
16.1%
State
28.4%
USA
34.0%
💼 Unemployment Rate
2.3%
This area
2.3%
State
-9.5%
USA
3.7%
🎓 College Educated
60.5%
This area
60.5%
State
25.9%
USA
33.7%
👤 Median Age
44.1 years
This area
44.1 years
State
22.0 years
USA
38.9 years
🏚️ Vacancy Rate
3.8%
This area
3.8%
State
9.2%
USA
10.5%
👥 Population by Ethnicity
White 59.9%
Asian 27.7%
Other/Mixed 9.3%
Hispanic/Latino 7.6%
Black/African American 3.0%
👶 Under 18
21.8%
This area
21.8%
USA
22.0%
👴 65 and Over
18.2%
This area
18.2%
USA
17.3%
📊 Poverty Rate
2.5%
This area
2.5%
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 08807

A Avg School Grade
13 Schools
8.8:1 Avg Class Size
$29,892 Avg Per Pupil

Schools in This ZIP Code

A+ Excellent

Adamsville Primary School

📚 Pre-K – 04 Elementary
👥
490 Students
👨‍🏫
8.7:1 Class Size
💰
$26,173 Per Student
A+ Excellent

Crim Primary School

📚 Pre-K – 04 Elementary
👥
381 Students
👨‍🏫
9.7:1 Class Size
💰
$26,173 Per Student
A+ Excellent

Eisenhower Intermediate School

📚 05 – 06 School
👥
610 Students
👨‍🏫
10.1:1 Class Size
💰
$26,173 Per Student
A+ Excellent

Hillside Intermediate School

📚 05 – 06 School
👥
570 Students
👨‍🏫
10.0:1 Class Size
💰
$26,173 Per Student
A+ Excellent

Milltown Primary School

📚 Pre-K – 04 Elementary
👥
355 Students
👨‍🏫
11.8:1 Class Size
💰
$26,173 Per Student
A+ Excellent
👥
353 Students
👨‍🏫
6.2:1 Class Size
💰
$63,366 Per Student
A+ Excellent

Van Holten Primary School

📚 K – 04 Elementary
👥
300 Students
👨‍🏫
10.8:1 Class Size
💰
$26,173 Per Student
A+ Excellent

Bradley Gardens Primary School

📚 Pre-K – 04 Elementary
👥
271 Students
👨‍🏫
9.9:1 Class Size
💰
$26,173 Per Student
A+ Excellent

Bridgewater-Raritan Middle School

📚 07 – 08 Middle
👥
1,261 Students
👨‍🏫
11.2:1 Class Size
💰
$26,173 Per Student
B+ Above Average

Bridgewater-Raritan High School

📚 09 – 12 High School
👥
2,745 Students
👨‍🏫
12.9:1 Class Size
💰
$26,173 Per Student
C+ Average

Somerset Secondary Academy

📚 09 – 12 High School
👥
67 Students
👨‍🏫
5.6:1 Class Size
C+ Average

Somerset Elementary Academy

📚 K – 08 School
👥
41 Students
👨‍🏫
6.0:1 Class Size
C+ Average

The Career Center of the SCESC

📚 09 – 12 High School
👥
8 Students
👨‍🏫
1.3:1 Class Size
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

8 Nearby 1,712 Off-Campus Students
C
Raritan Valley Community College
6,587 students · 3.8 mi
D
American Institute-Somerset
274 students · 4.9 mi
F
Strayer University-New Jersey
602 students · 8.1 mi
C+
American Institute of Medical Sciences & Education
397 students · 9.8 mi
C
Yeshiva Gedolah Tiferes Boruch
70 students · 9.9 mi
C+
Robert Fiance Beauty Schools-North Plainfield
160 students · 10.3 mi
C
Innovate Salon Academy
247 students · 10.6 mi
C
Lincoln Technical Institute-South Plainfield
324 students · 10.8 mi

Investor Insight: With 1,712 students living off-campus nearby, this area has strong rental demand from the college population.

Frequently Asked Questions

Which investment style suits Bridgewater Township, NJ?

Bridgewater Township, NJ investors pursuing careful cash-flow rentals with hands-on management. The underlying economics ($745K prices, $3,024/mo rents) make it a reasonable choice.

What are rental rates like in Bridgewater Township, NJ?

Rent in Bridgewater Township, NJ is around $3,024/mo. The resulting rent-to-value relationship with $745K pricing is reasonable for most investor models.

How strong is the working-renter base in Bridgewater Township, NJ?

Working renters make up the core of the Bridgewater Township, NJ tenant base. The pool is reasonable for investors targeting long-term holds.

Is rental property easy to operate in Bridgewater Township, NJ?

Bridgewater Township, NJ falls under NJ landlord-tenant law, which is tenant-protective. That backdrop makes day-to-day property management reasonable.

How tight is the rental market in Bridgewater Township, NJ?

Occupancy in Bridgewater Township, NJ runs measured with elevated vacancy. Well-priced units at $3,024/mo lease on reasonable timelines.

You know 08807 now. You don’t know where it ranks.

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How 08807 ranks in New York-Newark-Jersey City, NY-NJ-PA

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Cash Flow → Appreciation → Affordable →
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