ZIP 07040 Property Distress & Foreclosure Data

ZIP code 07040 in Essex County, New Jersey carries a composite property-distress score of 25/100 — a low reading on DLRadar's deterministic public-record index. It additionally carries heavy environmental risk: climate & FEMA risk (97/100), flood (NFIP) exposure (89/100). On the structural side it scores 55/100, with 2/100 of stress already active. What sets it apart are the readings on structural risk (55/100), construction/permit lag (35/100), institutional ownership (20/100). By contrast, institutional ownership (20/100) and mortgage stress (8/100) register low.

The market reads expansion — home values rose 6.0% year on year, and 28% higher over three years (phase confidence 43/100). Appreciation rarely lifts every parcel — the laggards are the opportunity.

The tenure split is 77% owner-occupied to 23% rented. About 25,406 people live here, median age 39. Roughly 3.6% live below the poverty line, a low share typical of higher-equity areas. On demographic stress specifically, 07040 scores 26/100. Households earn a median $167,428 — above the roughly $78,000 national figure. About 69% have a four-year degree. The vacancy rate is 3.6%. A median home runs $720,700 here, or 4.1 times local income. Around 41% of renters are cost-burdened. The ZIP holds roughly 9,051 housing units.

Net-net, 07040 is middle-of-the-pack, where the deals are specific addresses rather than the whole ZIP. Every signal above traces to a verifiable public dataset, refreshed continuously and scored the same way in every ZIP nationwide.