ZIP 07040 Foreclosure, Tax-Lien & Distress Report

Essex County, New Jersey's ZIP 07040 registers 23/100 composite distress, which DLRadar reads as low. It additionally carries heavy environmental risk: climate & FEMA risk (97/100), flood (NFIP) exposure (88/100). The latent-versus-live split is 51/100 structural and 2/100 already moving. The most distinctive pressure shows up in structural risk (51/100), institutional ownership (20/100), construction/permit lag (18/100). construction/permit lag (18/100) and mortgage stress (8/100) stay muted.

The expansion-phase market in 07040 posted values that rose 5.2% over the year, and 28% higher over three years, at 35/100 phase confidence. Appreciation rarely lifts every parcel — the laggards are the opportunity.

77% of housing is owner-occupied. 25,406 residents call 07040 home, typically aged 39. The poverty rate is 3.6% — low. The demographic-stress sub-score lands at 26/100. At $167,428, median income runs above typical U.S. levels. Educational attainment sits at 69% bachelor's-or-above. Vacancy runs 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.

On balance, 07040 reads as a higher-equity, stable market where distress is selective and worth pinpointing parcel by parcel. Parcel-level detail for 07040 is not published yet -- the ZIP-level readings above remain fully sourced.

The number is not local guesswork: 07040's 23/100 comes from the same nationwide foreclosure, tax, mortgage and lender model, making it directly comparable anywhere. Where the record is thin for 07040, the field stays empty rather than modeled, and fills in as new documents post.

07040's score blends several independent layers — foreclosure and mortgage stress, tax and lien delinquency, bank headwind and structural exposure — into one 0–100 number, so understanding the components matters as much as the headline for anyone screening the ZIP. For a buyer, 07040 is one row in a larger workflow: confirm the score, pull the distressed parcels behind it, then move from signal to funded, closed acquisition through DLRadar.