Real Estate Investing in Pedricktown, New Jersey (08067)
Should you buy in 08067 (Pedricktown, 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.
- Elevated vacancy: 8.1% vacancy may signal weakening demand.
- Tenant-protective state: Landlord rating 1.0/5 — slower evictions, more regulations.
- Higher unemployment: 9.1% unemployment — tenant risk signal.
What’s happening in Pedricktown, NJ (08067)?
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Market Analysis: 08067 Pedricktown
The 08067 ZIP covers a section of Pedricktown that demands careful diligence. Prices near $341K look accessible, but the work to make a deal cash flow is real.
Distressed markets are won on execution, not on spreadsheets. ZIP 08067 posts the profile where tenant screening, deferred maintenance, and local relationships determine the outcome.
In the broader NJ picture, 08067 is a reminder that not every low-priced ZIP is a value-add opportunity — some are simply distressed, and the difference matters.
A robust renter share of 13% in 08067 is not, on its own, a problem — but paired with below-average income and high mobility, it changes the operating playbook.
The 08067 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.
Here's what matters if you're considering buying a home in Pedricktown:
Market Trends
Home Value History (with trend line)
📊 How Does 08067 Compare?
| Metric | 08067 | Pedricktown | New Jersey |
|---|---|---|---|
| Home Value | $341,225 | $341,225 | $559,826 |
| 5-Year CAGR | 5.5% | 5.5% | 8.4% |
| Avg Rent | $1,953 | $1,953 | - |
| Cap Rate | 4.5% | 4.5% | - |
Similar ZIPs Within 25 Miles
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Landlord Ground Truth
Real numbers from people who own or manage rentals in ZIP 08067 (Pedricktown, NJ). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $341,225 |
| Monthly Rent | $1,953 |
| Price-to-Rent | 14.6:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 6.9% |
| Cap Rate | 4.5% |
| 5-Year IRR | 9.9% |
📈 Home Appreciation
| 1-Year | +2.4% ▲ |
| 3-Year CAGR | +3.7% ▲ |
| 5-Year CAGR | +5.5% ▲ |
| 10-Year CAGR | +5.7% ▲ |
🏠 Rent Trends
| 1-Year | N/A |
| 3-Year CAGR | N/A |
| 5-Year CAGR | N/A |
The current 30-yr mortgage rate (6.5%) exceeds the estimated cap rate (4.5%). 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 08067
Population: 1,704
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 08067
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
Frequently Asked Questions
What monthly rent should investors expect in Pedricktown, NJ?
Investors in Pedricktown, NJ typically see rents near $1,953/mo per month against $341K home values - a solid setup for rental cash flow.
What is the average home sale price in Pedricktown, NJ?
Homes in Pedricktown, NJ typically sell near $341K. Prices have moved at a 0.0% 5-year CAGR, which consistent long-term demand.
What are vacancy rates like in Pedricktown, NJ?
Occupancy in Pedricktown, NJ runs stable with elevated vacancy. Well-priced units at $1,953/mo lease on reasonable timelines.
Is Pedricktown, NJ a good market for FHA house hackers?
House hacking works a challenging in Pedricktown, NJ. Rents of $1,953/mo against $341K acquisition make the strategy solid for owner-occupants.
Is real estate in Pedricktown, NJ a good investment right now?
With a 3.0/5 investability score, Pedricktown, NJ ranks as a solid market for rental property investors. Median prices of $341K and rents of $1,953/mo drive the underlying numbers.
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