07306
Jersey City, New Jersey.
Jersey City, Hudson County, NJ · New York-Newark-Jersey City, NY-NJ-PA metro · population 54,017
to buy the typical home at today's mortgage rate — +$1,196 (+73%) since Jan 2020.
- 1 year
- Down $18,194 -3%
- $558,736$540,542 since Sep 2025
- 5 years
- Up $33,091 +7%
- $507,451$540,542 since Sep 2021
Monthly payment to buy the typical home
Home value × that month's 30-year mortgage rate, 20% down, principal and interest. This is the line households feel: prices and rates compound each other.
- 07306$2,837
- United States$1,922
At the last five years' pace, a typical home here doubles in price every 55 years.
Typical home values in zip 07306 fell 3.3% over the past year — slower than the nation's +1.2%.
Asking rents in zip 07306 rose 2.8% over the past year — in step with the nation.
Owning the typical home in zip 07306 runs $1,558/mo more than renting one. The gap peaked at $1,869 in Jun 2025.
That is $4,213 a month against $2,656 rent: a $2,837 mortgage payment, plus $797 property tax and $579 insurance & upkeep.
Owning vs renting — zip 07306
The owning line is the typical home's monthly payment at that month's rate, plus property tax and insurance & upkeep; the renting line is the typical asking rent; the grey line is the mortgage payment on its own. Same homes, same months, both ways of paying for a roof.
- Owning all in$4,213
- Renting$2,656
- Mortgage only$2,837
Property tax · $797/mo 1.77% of value a year — the ACS 2020-2024 median bill over the median home value for Hudson County, NJ
Insurance & upkeep · $579/mo insurance, maintenance and repairs together, from the BLS Consumer Expenditure Survey — the national figure for mortgaged homeowners, scaled to this market's home value. BLS publishes the three bundled and they cannot be split.
Both are priced off the same month's home value, so they rise with the market. Neither is a quote — a specific home's bill depends on its assessment, its age and its insurer.
Zillow also publishes an index for the city itself: Jersey City, NJ — measured over the city limits, which is a different area from this zip.
Asking rent — 07306
Against the New York-Newark-Jersey City, NY-NJ-PA metro and the national benchmark.
- 07306$2,656
- New York$3,546
- United States$1,932
Typical home value — 07306
Mid-tier homes, smoothed and seasonally adjusted.
- 07306$540,542
- New York$730,949
- United States$366,157
Within 20 miles
Showing 30 of 367 zips in range — sorting picks from all 367.
| Miles sorted ascending, activate to sort descending | Zip activate to sort by Zip | City activate to sort by City | Population activate to sort by Population | Rent activate to sort by Rent | Home value activate to sort by Home value |
|---|---|---|---|---|---|
| 1.4 | 07304 | Jersey City | 51,306 | $2,404 | $531,012 |
| 1.4 | 07307 | Jersey City | 42,645 | $2,686 | $750,497 |
| 1.9 | 07302 | Jersey City | 56,220 | $3,888 | $887,883 |
| 2.0 | 07310 | Jersey City | 16,015 | $4,429 | $933,036 |
| 2.3 | 07030 | Hoboken | 58,668 | $4,005 | $893,531 |
| 2.5 | 07311 | Jersey City | 1,714 | $4,810 | — |
| 2.7 | 07305 | Jersey City | 72,161 | $2,314 | $527,875 |
| 2.8 | 07032 | Kearny | 40,614 | $2,108 | $579,125 |
| 2.9 | 07087 | Union City | 66,463 | $2,343 | $559,694 |
| 3.1 | 07094 | Secaucus | 21,778 | $3,058 | $652,044 |
| 3.3 | 10282 | New York | 5,887 | $7,316 | $2,222,985 |
| 3.4 | 10280 | New York | 8,933 | $4,989 | $793,913 |
| 3.4 | 10014 | New York | 29,230 | $6,017 | $1,907,038 |
| 3.6 | 07086 | Weehawken | 17,295 | $3,864 | $871,270 |
| 3.6 | 10006 | New York | 4,096 | $4,812 | $1,028,834 |
| 3.7 | 07105 | Newark | 57,093 | $2,349 | $553,695 |
| 3.7 | 10013 | New York | 27,219 | $6,742 | $3,742,343 |
| 3.7 | 10007 | New York | 7,406 | $8,183 | $3,147,817 |
| 3.7 | 10011 | New York | 48,277 | $5,837 | $1,685,016 |
| 3.9 | 10005 | New York | 9,439 | $4,739 | $1,104,527 |
| 3.9 | 10012 | New York | 21,426 | $5,287 | $3,005,394 |
| 4.0 | 10001 | New York | 30,511 | $5,592 | $1,766,952 |
| 4.0 | 10004 | New York | 3,711 | $5,056 | $1,224,039 |
| 4.1 | 10038 | New York | 22,235 | $5,048 | — |
| 4.3 | 10018 | New York | 8,559 | $5,210 | $1,357,569 |
| 4.3 | 10003 | New York | 53,560 | $5,229 | $1,456,477 |
| 4.3 | 07029 | Harrison | 22,866 | $2,664 | $577,786 |
| 4.5 | 10036 | New York | 31,036 | $4,739 | $986,566 |
| 4.6 | 07031 | North Arlington | 16,461 | $2,370 | $630,238 |
| 4.6 | 07071 | Lyndhurst | 22,463 | $2,603 | $652,170 |
Coordinates and population from SimpleMaps US Zips (Basic). Rent and home values from Zillow Research.