ZIP 07079 Property Distress & Foreclosure Data

DLRadar grades ZIP 07079 (Essex County, New Jersey) at a low 25/100 for overall property distress. Property-level stress concentrates in 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. It additionally carries heavy environmental risk: climate & FEMA risk (97/100), flood (NFIP) exposure (89/100). The latent-versus-live split is 55/100 structural and 2/100 already moving.

The market reads expansion — home values rose 6.0% year on year, and 31% higher over three years (phase confidence 43/100). Appreciation rarely lifts every parcel — the laggards are the opportunity.

The vacancy rate is 2.9%. The ZIP holds roughly 6,231 housing units. The tenure split is 66% owner-occupied to 34% rented. About 76% have a four-year degree. Households earn a median $184,769 — above the roughly $78,000 national figure. A median home runs $866,600 here, or 4.4 times local income. Around 39% of renters are cost-burdened. On demographic stress specifically, 07079 scores 27/100. Roughly 6.4% live below the poverty line, a low share typical of higher-equity areas. About 18,369 people live here, median age 37.

Net-net, 07079 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.