Real Estate Investing in High Bridge, New Jersey (08829)

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

Hunterdon County • Population: 3,584 • Data updated: September 2026

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Should you buy in 08829 (High Bridge, NJ)? Our answer, based on the numbers below.

🏠 For Homebuyers
GOOD FIT
Grade B (81/100)

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 High Bridge, NJ (08829)?

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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 $464,383
Avg Monthly Rent $2,150
1% Rule ✗ Does Not Meet
Median Income $106,111
% Renters 22.8%

Market Analysis: 08829 High Bridge

The 08829 ZIP covers a section of High Bridge that demands careful diligence. Prices near $464K look accessible, but the work to make a deal cash flow is real.

Rent of $2,150/mo on a $464K basis reads well until vacancy, delinquency, and capex enter the model. The honest cap rate in 08829 sits below the stated 0.0% once reality is priced in.

Nearby ZIPs in High Bridge have seen price recovery that 08829 has not matched. Hunterdon County data supports the view that the spread is structural rather than temporary.

Demographically, 08829 is a market where tenant selection matters more than unit finishes. Operators who understand that tend to do fine; those who do not tend to learn why the ZIP trades at a discount.

The 08829 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 High Bridge:

B Good
Buy Confidence Score: 70/100
Affordability
15/25
Appreciation
25/25
Stability
7/20
Timing
8/15
Rental backup
15/15
Affordability
Moderate
Homes cost 4.4× the median income
Value Trend
Rising (+5.5%)
How home values changed in the past year
Rental Backup
Strong
Could rent for $2,150/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 08829

Which property type performs best in this market?

Best for Cash Flow
2BR
5.0% cap rate
Best for Appreciation
2BR
+10.4% 5yr CAGR
Best Overall Value
3BR
$143,749/bedroom
📊 Compare All Property Types →
Type Median Value Est. Rent Cap Rate 5yr CAGR $/Bedroom
2BR $310,646 $2,160 5.0% +10.4% $155,323
3BR $431,246 $2,590 4.3% +9.3% $143,749
4BR $576,076 $2,860 3.6% +10.2% $144,019

Market Trends

Home Value History (with trend line)

$483K$429K$375K$322K$268K$214KJul 2006Jul 2016Jul 2026

Rent History (with trend line)

No data available

📊 How Does 08829 Compare?

Metric 08829 High Bridge New Jersey
Home Value $464,383 $464,383 $559,826
5-Year CAGR 7.1% 7.1% 8.4%
Avg Rent $2,150 $2,150 -
Cap Rate 3.6% 3.6% -
💡 Why Invest in 08829? 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 08829 (High Bridge, NJ). Anonymous, moderated, never written by AI.

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Investability
Good
Cap Rate
3.6%
Low
5yr Growth
+7.1%
Strong

📊 Market Snapshot

Home Value $464,383
Monthly Rent $2,150
Price-to-Rent 18.0:1
1% Rule ✗ Fails

💰 Return Metrics

Gross Yield 5.6%
Cap Rate 3.6%
5-Year IRR 10.7%

📈 Home Appreciation

1-Year +5.5% ▲
3-Year CAGR +7.6% ▲
5-Year CAGR +7.1% ▲
10-Year CAGR +6.2% ▲

🏠 Rent Trends

1-Year N/A
3-Year CAGR N/A
5-Year CAGR N/A
Negative Leverage — IRR / Tax Play Cap Rate: 3.6%  |  30yr Rate: 6.8%
Leverage reduces cash returns at current rates.

The current 30-yr mortgage rate (6.8%) exceeds the estimated cap rate (3.6%). 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.

Vacancy
2.0%
Low risk
Landlord Climate
1.0/5
Protective
Value Trend (5yr)
+7.1%
Growing
Eviction process: Slow Rent control: Unfavorable

Demographics in 08829

Population: 3,584

💰 Median Household Income
$106,111
This area
$106,111
State
$113,906
USA
$74,580
🏠 Renter Occupied
22.8%
This area
22.8%
State
28.4%
USA
34.0%
💼 Unemployment Rate
4.0%
This area
4.0%
State
-9.5%
USA
3.7%
🎓 College Educated
47.2%
This area
47.2%
State
25.9%
USA
33.7%
👤 Median Age
40.0 years
This area
40.0 years
State
22.0 years
USA
38.9 years
🏚️ Vacancy Rate
2.0%
This area
2.0%
State
9.2%
USA
10.5%
👥 Population by Ethnicity
White 78.1%
Asian 8.6%
Other/Mixed 8.1%
Hispanic/Latino 6.0%
Black/African American 5.2%
👶 Under 18
21.6%
This area
21.6%
USA
22.0%
👴 65 and Over
11.3%
This area
11.3%
USA
17.3%
📊 Poverty Rate
10.2%
This area
10.2%
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 08829

A+ Avg School Grade
2 Schools
10.0:1 Avg Class Size
$30,824 Avg Per Pupil

Schools in This ZIP Code

A+ Excellent

High Bridge Elementary School

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

High Bridge Middle School

📚 05 – 08 School
👥
141 Students
👨‍🏫
13.4:1 Class Size
💰
$30,824 Per Student

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

North Hunterdon High School

📚 09 – 12 High School
📍 1445 State Route 31, Annandale
👥
1,262 Students
👨‍🏫
10.9:1 Class Size
💰
$31,250 Per Student
B Good

Spruce Run

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

Hunterdon County Academies

📚 09 – 12 High School
📍 1445 State Route 31, Annandale
👥
297 Students
👨‍🏫
123.2:1 Class Size
💰
$33,557 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

3 Nearby 2,270 Off-Campus Students
C+
Warren County Community College
3,342 students · 8.4 mi
C
Raritan Valley Community College
6,587 students · 11.5 mi
C
Centenary University
1,453 students · 12.8 mi

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

Frequently Asked Questions

How much rent can I charge in High Bridge, NJ?

Rent in High Bridge, NJ is around $2,150/mo. The resulting rent-to-value relationship with $464K pricing is reasonable for most investor models.

What kind of tenants rent in High Bridge, NJ?

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

Which investment style suits High Bridge, NJ?

The best-fit strategy in High Bridge, NJ is careful cash-flow rentals with hands-on management. That approach the rent and price profile of the market.

Is High Bridge, NJ a good market for FHA house hackers?

House hacking in High Bridge, NJ is reasonable to execute. Prices around $464K and rents of $2,150/mo solid owner-occupant economics.

What kind of market is High Bridge, NJ for investors?

Yes - High Bridge, NJ a 3.0/5 investability score. With $464K home prices against $2,150/mo monthly rent, the market delivers a reasonable entry point for new investors.

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How 08829 ranks in New York-Newark-Jersey City, NY-NJ-PA

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