Real Estate Investing in Pittstown, New Jersey (08867)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 08867 (Pittstown, 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.
- High price-to-rent: Price-to-rent ratio 30.3 — hard to cash-flow at these prices.
• Modeled rent — no observed market rent for this ZIP; the figure is estimated from HUD fair-market rent.
What’s happening in Pittstown, NJ (08867)?
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Market Analysis: 08867 Pittstown
The 08867 ZIP covers a section of Pittstown that demands careful diligence. Prices near $757K look accessible, but the work to make a deal cash flow is real.
Distressed markets are won on execution, not on spreadsheets. ZIP 08867 sits at the profile where tenant screening, deferred maintenance, and local relationships determine the outcome.
Regionally, 08867 sits on the difficult end of the NJ spectrum. The worth a close look for read — for disciplined operators — is that pricing reflects the difficulty.
The 08867 ZIP's population of 5,411 has faced economic pressure over the last decade. That pressure shows up in rent delinquency patterns that registers the need for careful underwriting.
Distressed ZIPs reward experience. sturdy returns are possible in 08867, but they flow to investors who already understand how to operate in soft markets.
Here's what matters if you're considering buying a home in Pittstown:
Property Strategy for 08867
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 3BR | $591,183 | $2,770 | 3.4% | +8.7% | $197,061 |
| 4BR | $858,257 | $3,060 | 2.6% | +9.3% | $214,564 |
Market Trends
Home Value History (with trend line)
📊 How Does 08867 Compare?
| Metric | 08867 | Pittstown | New Jersey |
|---|---|---|---|
| Home Value | $756,814 | $756,814 | $559,826 |
| 5-Year CAGR | 5.3% | 5.3% | 8.4% |
| Avg Rent | $2,079 | $2,079 | - |
| Cap Rate | 2.1% | 2.1% | - |
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 08867 (Pittstown, NJ). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $756,814 |
| Monthly Rent | $2,079 |
| Price-to-Rent | 30.3:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 3.3% |
| Cap Rate | 2.1% |
| 5-Year IRR | 7.4% |
📈 Home Appreciation
| 1-Year | +4.5% ▲ |
| 3-Year CAGR | +5.2% ▲ |
| 5-Year CAGR | +5.3% ▲ |
| 10-Year CAGR | +4.4% ▲ |
🏠 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 (2.1%). 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 08867
Population: 5,411
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 08867
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 2,270 students living off-campus nearby, this area has strong rental demand from the college population.
Frequently Asked Questions
Is Pittstown, NJ better for rentals, flips, or BRRRR?
Pittstown, NJ investors pursuing careful cash-flow rentals with hands-on management. The underlying economics ($757K prices, $2,079/mo rents) make it a reasonable choice.
How strict are landlord regulations in Pittstown, NJ?
Pittstown, NJ operates under NJ law, which is tenant-protective overall for landlords. Expect consistent treatment in typical lease and eviction cases.
Are there empty rentals in Pittstown, NJ?
Vacancy in Pittstown, NJ is elevated, which keeps landlord downtime on reasonable timelines. Most properties lease within the standard window at $2,079/mo.
Does house hacking work in Pittstown, NJ?
House hacking works a challenging in Pittstown, NJ. Rents of $2,079/mo against $757K acquisition make the strategy solid for owner-occupants.
How much should I expect to pay for a home in Pittstown, NJ?
Typical homes in Pittstown, NJ go for around $757K. The 5-year CAGR of 0.0% measured price movement.
You know 08867 now. You don’t know where it ranks.
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