FIPS 34013 · population 863,002 · part of New York, NY
The latest county-level Zillow ZORI is $2,274 per month in 2026-06. It is a typical asking-rent index across rental types—not an arithmetic average, signed lease or quote for one property.
| Bedrooms | HUD monthly FMR | Geography | Measurement boundary |
|---|---|---|---|
| Studio | $1,612 | Essex County, NJ | HUD administrative benchmark; compare with same-bedroom listings, never treat it as observed asking rent. |
| 1 bedroom | $1,822 | Essex County, NJ | HUD administrative benchmark; compare with same-bedroom listings, never treat it as observed asking rent. |
| 2 bedrooms | $2,205 | Essex County, NJ | HUD administrative benchmark; compare with same-bedroom listings, never treat it as observed asking rent. |
| 3 bedrooms | $2,761 | Essex County, NJ | HUD administrative benchmark; compare with same-bedroom listings, never treat it as observed asking rent. |
| 4 bedrooms | $3,137 | Essex County, NJ | HUD administrative benchmark; compare with same-bedroom listings, never treat it as observed asking rent. |
Zillow asking rent, ACS gross rent and HUD FMR describe different housing universes. They remain separate and no metro, city or neighboring-county value replaces missing county evidence.Zillow pulled 2026-07-26 · HUD pulled 2026-07-26
Everything here joins on the county FIPS code, so each figure comes from the agency that publishes it with no name matching in between.
Zillow estimates a current home value. FHFA tracks repeat mortgage transactions. Their growth rates should be read side by side, not averaged.
Survey source: Census ACS 5-year — county housing value, tenure and stock · ACS 2024 5-year · pulled 2026-07-30. These values describe different housing universes and are not combined into gross yield.
Workplace source: BLS QCEW — county employment and wages · annual county employment and wages 2021-2025; latest 2025 vs 2024 · pulled 2026-08-02. QCEW counts covered jobs located in the county, not employed residents or the metro score’s CES/LAUS series.
BEA per-capita personal income divides all personal income by the county population. It is broader than wages, but it is not household income or a measure of what renters can afford.
HUD CHAS separates renter households by income relative to local HAMFI. Moderate burden means housing costs above 30% through 50% of income; severe burden means more than 50%.
These Apartment List observations match the exact county Census code 34013. They are kept separate from Zillow asking rent, Census occupied-home rent and wider metro measures.
Monthly overall-rent index; missing observations are not filled from another geography.
Essex County is an investigate-first market: a high-cost ownership basis meets published asking-rent evidence, but not yet a net-return case. That tension matters to yield-focused or leveraged buyers. New York, NY is context only; the record does not establish that Essex represents the metro. The county thesis merits property-level testing of costs, flood exposure, and tenant depth before relying on either income or appreciation.
Zillow's 2026-06 median home value is $675,065 and median asking rent is $2,274. Annual changes are 3.53% and 1.35%, respectively, producing the supplied 4.04% gross yield before costs. This is measured market rent, not HUD's payment standard. FHFA's repeat-transaction HPI rose 5.81% in annual 2025; it is neither a dollar home value nor the same vintage or method as Zillow, so the rates must not be averaged. Carrying costs matter: effective property tax is 1.91%. Market rent is 3.10% above the $2,205 two-bedroom FMR, but that does not validate asking rent or net yield.
Demand is mixed. Tax-return flows show net migration of -3,626, while the average AGI gap favors incoming movers by $4,207; this suggests fewer households but higher average income among arrivals, not proven tenant growth. Investor participation is measurable but not dominant: 859 of 5,393 purchase mortgages (15.93%) went to non-occupants. Realtor.com shows visible supply up 6.77%, with 899 active listings. Those are MLS conditions, not closed-sale prices or proof of demand. QCEW supplies workplace context, not resident or metro labor evidence. Test these signals against unit-level leasing, renewals, vacancy, and employer concentration.
Risk limits are concrete. Inland flood is the dominant hazard, and modeled annual building loss is 0.13%; that is not an insurance quote and does not reveal parcel flood depth, deductibles, exclusions, or claims. Missing operating expenses, vacancy, financing, insurance premiums, flood-zone/elevation detail, and closed-sale comparables prevent a net-yield, cap-rate, or debt-service conclusion. Next checks are parcel and lease review, insurance and tax documentation, comparable-unit rent verification, and financing under actual costs. A county median cannot establish achievable rent for the target unit.
This view uses 12 direct Zillow ZIP markets matched to Census ZCTAs. Each ZIP is assigned by its largest HUD residential county share; this is not an exhaustive county inventory.
Within the selected direct-evidence set, Zillow’s June 2026 ZORI—a typical observed asking-rent index—runs from $1,868 to $2,442, a $574 spread around a $2,064.50 median. The county ZORI is $2,274. That range makes the central decision a unit-specific budget and fit question, rather than a single countywide rent conclusion: 07104 provides the low observed index and 07003 the high one. Neither end guarantees an available unit at that index, and ZORI does not state a particular unit’s bedroom-specific asking price. Use the spread to frame a search, then test the actual advertised rent, bedroom count, lease terms, fees, and utility treatment for any available unit.
ZORI should not be merged with other rent measures. ACS 2024 five-year ZCTA estimates place median gross rent between $1,131 and $1,824; the county ACS figure is $1,531. Those are five-year survey estimates, not present asking rents. The FY2026 HUD two-bedroom standard is $2,616 for every shown ZIP, compared with $2,205 countywide; it is a bedroom-specific administrative standard, not an asking-rent measure. The selected ZORI-to-HUD comparison ranges from 71.4% to 93.3%, useful for program or payment-standard screening only when its rules and bedroom match the unit. The shared ZIP standard should not be read as a ZIP-specific market quote or a prediction of what a landlord will accept.
Renter shares across the set span 49.3% to 84.1%, while the ACS share of renter households paying 30% or more of income spans 44.2% to 56.5%. ACS vacancy estimates range from 2.6% to 11.0%, so no simple rent-versus-vacancy ordering emerges. 07003 illustrates the high-ZORI/low-vacancy end, while 07108 illustrates a lower ZORI alongside the high-vacancy end and a high burden. That contrast does not establish that vacancy determines pricing, burden, or leasing outcomes. These are distinct ACS survey estimates and a current ZORI index, not matched household-level affordability findings. They are useful as separate screens for a prospective renter, not proof of the experience of any particular tenant.
Coverage and geography bound these readings. The display contains 12 of 23 eligible direct-ZORI ZIP/ZCTA matches and covers 132,031 renter households, so it is not an exhaustive inventory of county ZIPs or local rental housing stock. Census ZCTAs are statistical areas rather than USPS delivery ZIPs; ZIPs can cross county lines and are displayed here under the county holding the largest HUD residential-address share. Before acting, verify the exact address and geography, live advertised rent, bedroom count, included utilities and recurring fees, deposits, lease length, availability date, income or occupancy rules, any applicable program payment standard, and the unit’s documented condition.
23 ZIP profiles passed the county gate; the 12 with the most renter households are shown.
| ZIP / ZCTA | Zillow asking rent | ACS gross rent | HUD 2BR | Burden 30%+ | Vacancy | Income screen | HUD county share |
|---|---|---|---|---|---|---|---|
| 07111 | $2,036 | $1,386 | $2,616 | 49.8% | 6.4% | $81k | 99.7% |
| 07105 | $2,349 | $1,652 | $2,616 | 56.5% | 7.4% | $94k | 100.0% |
| 07104 | $1,868 | $1,381 | $2,616 | 54.7% | 5.2% | $75k | 100.0% |
| 07107 | $1,994 | $1,354 | $2,616 | 52.5% | 4.6% | $80k | 100.0% |
| 07017 | $2,020 | $1,376 | $2,616 | 55.3% | 4.6% | $81k | 100.0% |
| 07003 | $2,442 | $1,824 | $2,616 | 44.2% | 2.6% | $98k | 100.0% |
| 07103 | $2,183 | $1,323 | $2,616 | 56.4% | 7.7% | $87k | 100.0% |
| 07108 | $2,097 | $1,131 | $2,616 | 55.7% | 11.0% | $84k | 100.0% |
| 07050 | $1,912 | $1,548 | $2,616 | 56.5% | 5.8% | $76k | 100.0% |
| 07018 | $2,228 | $1,532 | $2,616 | 54.4% | 6.3% | $89k | 100.0% |
| 07106 | $2,029 | $1,242 | $2,616 | 54.7% | 4.7% | $81k | 100.0% |
| 07112 | $2,093 | $1,397 | $2,616 | 46.1% | 6.9% | $84k | 98.1% |
Open a five-digit report for asking rent, affordability, rent history and resale liquidity. Each row keeps its ZIP/ZCTA measurement scope.
| ZIP report | City label | Zillow rent | 1Y change | ACS burden 30%+ | Population |
|---|---|---|---|---|---|
| ZIP 07102 rental reportEssex County | Newark, NJ | $2,529 | ▲ 0.5% | 54.8% | 12,358 |
Zillow ZORI is an asking-rent index. ACS burden and population describe the Census ZCTA; missing observations remain n/a.
Census-recognized incorporated places and CDPs that intersect this county. The list does not pretend to include every neighborhood or informal community.
Population is the total place-wide ACS estimate, not an allocated county share. A place crossing a county line is labelled explicitly. Source: Census ACS 5-year — cities and communities · ACS 2024 5-year · pulled 2026-07-30.
0.131% of building value expected lost per year
$10,001 median annual bill
19,471 in · 23,097 out
$96,317 arriving · $92,110 leaving
859 of 5,393 mortgages
Listing price is an asking price, not a closed sale. Quality-flagged county rows are withheld instead of displayed.
A metro is an average of these. Which side of a county line a property sits on can change the tax bill, the hazard profile and the tenant pool.
| County | Population | Price | Rent | Yield | Hazard |
|---|---|---|---|---|---|
| Essex County | 863,002 | $675k | $2,274 | 4.0% | inland flooding |
| Kings County | 2,631,580 | $957k | $3,808 | 4.8% | inland flooding |
| Queens County | 2,323,052 | $744k | $3,256 | 5.3% | inland flooding |
| New York County | 1,629,477 | $1217k | $4,833 | 4.8% | inland flooding |
| Suffolk County | 1,530,146 | $727k | $3,349 | 5.5% | inland flooding |
| Bronx County | 1,404,779 | $500k | $2,847 | 6.8% | inland flooding |
| Nassau County | 1,389,591 | $860k | $3,564 | 5.0% | inland flooding |
| Westchester County | 999,677 | $879k | $3,184 | 4.3% | inland flooding |
| Bergen County | 962,316 | $791k | $2,916 | 4.4% | inland flooding |
No. It is annual market rent before costs; the record does not publish operating expenses, vacancy, insurance, or financing terms.
No. Median listing price is an asking price, while active listings and days on market describe visible MLS marketing conditions.
QCEW reports annual average covered jobs located at county workplaces, covered-worker wages, and establishments; it is not resident employment, unemployment, a forecast, or the metro CES/LAUS series.