{"id":54589,"date":"2017-12-04T11:22:22","date_gmt":"2017-12-04T19:22:22","guid":{"rendered":"https:\/\/www.rentcafe.com\/blog\/?p=54589"},"modified":"2017-12-06T04:49:32","modified_gmt":"2017-12-06T12:49:32","slug":"expensive-zip-codes-new-jersey-state","status":"publish","type":"post","link":"https:\/\/www.rentcafe.com\/blog\/rental-market\/market-snapshots\/expensive-zip-codes-new-jersey-state\/","title":{"rendered":"New Jersey\u2019s Most Expensive ZIP Codes \u2013 Hoboken and Edgewater Rents 2.5 Times the National Average"},"content":{"rendered":"<p><em>Key takeaways:<\/em><\/p>\n<ul>\n<li><em>Hoboken\u2019s 07030 is the #1 most expensive ZIP code for renters in New Jersey with an average of $3,401<\/em><\/li>\n<li><em>At almost 52%, Jersey City\u2019s 07306 (#37) experienced the highest rate of supply expansion as well as the highest rent gains at 34%<\/em><\/li>\n<li><em>Livingston\u2019s 07039 (#12) experienced the largest negative rent growth in the state at 3.27%<\/em><\/li>\n<\/ul>\n<p>Currently the 4<sup>th<\/sup> most expensive state for renters, <a href=\"https:\/\/www.rentcafe.com\/sitemaps\/us\/nj\/\" target=\"_blank\" rel=\"noopener noreferrer\">New Jersey<\/a>\u2019s average rent clocks in at <a href=\"https:\/\/www.rentcafe.com\/blog\/rental-market\/real-estate-news\/expensive-zip-codes-u-s\/\" target=\"_blank\" rel=\"noopener noreferrer\">$1,578<\/a>, surpassed only by <a href=\"https:\/\/www.rentcafe.com\/sitemaps\/us\/ca\/\" target=\"_blank\" rel=\"noopener noreferrer\">California<\/a>, <a href=\"https:\/\/www.rentcafe.com\/sitemaps\/us\/ma\/\" target=\"_blank\" rel=\"noopener noreferrer\">Massachusetts<\/a> and <a href=\"https:\/\/www.rentcafe.com\/sitemaps\/us\/ny\/\" target=\"_blank\" rel=\"noopener noreferrer\">New York<\/a>. Although New Jersey followed national trends of modest gains or even negative rent growth, 07030, the #1 most expensive ZIP code in the state, still boasts an average rent of $3,401, according to <a href=\"https:\/\/www.yardimatrix.com\/Markets\" target=\"_blank\" rel=\"noopener noreferrer\">Yardi Matrix<\/a> \u2013 2.5 times the national average, which stood at <a href=\"https:\/\/www.rentcafe.com\/blog\/rental-market\/apartment-rent-report\/rentcafe-apartment-market-report-september-2017\/\" target=\"_blank\" rel=\"noopener noreferrer\">$1,354<\/a> in September.<\/p>\n<p><strong>The interactive table below allows you to take a detailed look at New Jersey\u2019s top 50 most expensive ZIP codes for renters. Use the search box or click on the header of each column to sort results according to your preferences. <\/strong><\/p>\n<h2 id=\"tablepress-112-name\" class=\"tablepress-table-name tablepress-table-name-id-112\">Top Most Expensive ZIP Codes in New Jersey<\/h2>\n\n<table id=\"tablepress-112\" class=\"tablepress tablepress-id-112\" aria-labelledby=\"tablepress-112-name\">\n<thead>\n<tr class=\"row-1\">\n\t<th class=\"column-1\">#<\/th><th class=\"column-2\">ZIP code<\/th><th class=\"column-3\">City<\/th><th class=\"column-4\">County<\/th><th class=\"column-5\">Average Rent<\/th>\n<\/tr>\n<\/thead>\n<tbody class=\"row-striping row-hover\">\n<tr class=\"row-2\">\n\t<td class=\"column-1\">1<\/td><td class=\"column-2\"><a href=\"https:\/\/www.rentcafe.com\/apartments-for-rent\/us\/NJ\/Hudson-county\/07030\/\"target=_blank>07030<\/a><\/td><td class=\"column-3\">Hoboken<\/td><td class=\"column-4\">Hudson<\/td><td class=\"column-5\">$3,401 <\/td>\n<\/tr>\n<tr class=\"row-3\">\n\t<td class=\"column-1\">2<\/td><td class=\"column-2\"><a href=\"https:\/\/www.rentcafe.com\/apartments-for-rent\/us\/NJ\/Bergen-county\/07020\/\"target=_blank>07020<\/a><\/td><td class=\"column-3\">Edgewater<\/td><td class=\"column-4\">Bergen<\/td><td class=\"column-5\">$3,280 <\/td>\n<\/tr>\n<tr class=\"row-4\">\n\t<td class=\"column-1\">3<\/td><td class=\"column-2\"><a href=\"https:\/\/www.rentcafe.com\/apartments-for-rent\/us\/NJ\/Hudson-county\/07310\/\"target=_blank>07310<\/a><\/td><td class=\"column-3\">Jersey City<\/td><td class=\"column-4\">Hudson<\/td><td class=\"column-5\">$3,170 <\/td>\n<\/tr>\n<tr class=\"row-5\">\n\t<td class=\"column-1\">4<\/td><td class=\"column-2\"><a href=\"https:\/\/www.rentcafe.com\/apartments-for-rent\/us\/NJ\/Hudson-county\/07302\/\"target=_blank>07302<\/a><\/td><td class=\"column-3\">Jersey City<\/td><td class=\"column-4\">Hudson<\/td><td class=\"column-5\">$3,115 <\/td>\n<\/tr>\n<tr class=\"row-6\">\n\t<td class=\"column-1\">5<\/td><td class=\"column-2\"><a href=\"https:\/\/www.rentcafe.com\/apartments-for-rent\/07016-nj\/\"target=_blank>07016<\/a><\/td><td class=\"column-3\">Cranford<\/td><td class=\"column-4\">Union<\/td><td class=\"column-5\">$2,826 <\/td>\n<\/tr>\n<tr class=\"row-7\">\n\t<td class=\"column-1\">6<\/td><td class=\"column-2\"><a href=\"https:\/\/www.rentcafe.com\/apartments-for-rent\/07086-nj\/\"target=_blank>07086<\/a><\/td><td class=\"column-3\">Weehawken<\/td><td class=\"column-4\">Hudson<\/td><td class=\"column-5\">$2,803 <\/td>\n<\/tr>\n<tr class=\"row-8\">\n\t<td class=\"column-1\">7<\/td><td class=\"column-2\"><a href=\"https:\/\/www.rentcafe.com\/apartments-for-rent\/07093-nj\/\"target=_blank>07093<\/a><\/td><td class=\"column-3\">West New York<\/td><td class=\"column-4\">Hudson<\/td><td class=\"column-5\">$2,536 <\/td>\n<\/tr>\n<tr class=\"row-9\">\n\t<td class=\"column-1\">8<\/td><td class=\"column-2\"><a href=\"https:\/\/www.rentcafe.com\/apartments-for-rent\/07932-NJ\/\"target=_blank>07932<\/a><\/td><td class=\"column-3\">Florham Park<\/td><td class=\"column-4\">Morris<\/td><td class=\"column-5\">$2,494 <\/td>\n<\/tr>\n<tr class=\"row-10\">\n\t<td class=\"column-1\">9<\/td><td class=\"column-2\"><a href=\"https:\/\/www.rentcafe.com\/apartments-for-rent\/07079-NJ\/\"target=_blank>07079<\/a><\/td><td class=\"column-3\">South Orange<\/td><td class=\"column-4\">Essex<\/td><td class=\"column-5\">$2,445 <\/td>\n<\/tr>\n<tr class=\"row-11\">\n\t<td class=\"column-1\">10<\/td><td class=\"column-2\"><a href=\"https:\/\/www.rentcafe.com\/apartments-for-rent\/07024-nj\/\"target=_blank>07024<\/a><\/td><td class=\"column-3\">Fort Lee<\/td><td class=\"column-4\">Bergen<\/td><td class=\"column-5\">$2,432 <\/td>\n<\/tr>\n<tr class=\"row-12\">\n\t<td class=\"column-1\">11<\/td><td class=\"column-2\"><a href=\"https:\/\/www.rentcafe.com\/apartments-for-rent\/07094-nj\/\"target=_blank>07094<\/a><\/td><td class=\"column-3\">Secaucus<\/td><td class=\"column-4\">Hudson<\/td><td class=\"column-5\">$2,394 <\/td>\n<\/tr>\n<tr class=\"row-13\">\n\t<td class=\"column-1\">12<\/td><td class=\"column-2\"><a href=\"https:\/\/www.rentcafe.com\/apartments-for-rent\/07039-NJ\/\"target=_blank>07039<\/a><\/td><td class=\"column-3\">Livingston<\/td><td class=\"column-4\">Essex<\/td><td class=\"column-5\">$2,366 <\/td>\n<\/tr>\n<tr class=\"row-14\">\n\t<td class=\"column-1\">13<\/td><td class=\"column-2\"><a href=\"https:\/\/www.rentcafe.com\/apartments-for-rent\/08540-NJ\/\"target=_blank>08540<\/a><\/td><td class=\"column-3\">Princeton<\/td><td class=\"column-4\">Mercer<\/td><td class=\"column-5\">$2,313 <\/td>\n<\/tr>\n<tr class=\"row-15\">\n\t<td class=\"column-1\">14<\/td><td class=\"column-2\"><a href=\"https:\/\/www.rentcafe.com\/apartments-for-rent\/07078-nj\/\"target=_blank>07078<\/a><\/td><td class=\"column-3\">Short Hills<\/td><td class=\"column-4\">Essex<\/td><td class=\"column-5\">$2,298 <\/td>\n<\/tr>\n<tr class=\"row-16\">\n\t<td class=\"column-1\">15<\/td><td class=\"column-2\"><a href=\"https:\/\/www.rentcafe.com\/apartments-for-rent\/07044-NJ\/\"target=_blank>07044<\/a><\/td><td class=\"column-3\">Verona<\/td><td class=\"column-4\">Essex<\/td><td class=\"column-5\">$2,239 <\/td>\n<\/tr>\n<tr class=\"row-17\">\n\t<td class=\"column-1\">16<\/td><td class=\"column-2\"><a href=\"https:\/\/www.rentcafe.com\/apartments-for-rent\/07081-NJ\/\"target=_blank>07081<\/a><\/td><td class=\"column-3\">Springfield<\/td><td class=\"column-4\">Union<\/td><td class=\"column-5\">$2,225 <\/td>\n<\/tr>\n<tr class=\"row-18\">\n\t<td class=\"column-1\">17<\/td><td class=\"column-2\"><a href=\"https:\/\/www.rentcafe.com\/apartments-for-rent\/07631-nj\/\"target=_blank>07631<\/a><\/td><td class=\"column-3\">Englewood City<\/td><td class=\"column-4\">Bergen<\/td><td class=\"column-5\">$2,221 <\/td>\n<\/tr>\n<tr class=\"row-19\">\n\t<td class=\"column-1\">18<\/td><td class=\"column-2\"><a href=\"https:\/\/www.rentcafe.com\/apartments-for-rent\/07071-NJ\/\"target=_blank>07071<\/a><\/td><td class=\"column-3\">Lyndhurst<\/td><td class=\"column-4\">Bergen<\/td><td class=\"column-5\">$2,197 <\/td>\n<\/tr>\n<tr class=\"row-20\">\n\t<td class=\"column-1\">19<\/td><td class=\"column-2\"><a href=\"https:\/\/www.rentcafe.com\/apartments-for-rent\/07675-NJ\/\"target=_blank>07675<\/a><\/td><td class=\"column-3\">Westwood<\/td><td class=\"column-4\">Bergen<\/td><td class=\"column-5\">$2,194 <\/td>\n<\/tr>\n<tr class=\"row-21\">\n\t<td class=\"column-1\">20<\/td><td class=\"column-2\"><a href=\"https:\/\/www.rentcafe.com\/apartments-for-rent\/07960-NJ\/\"target=_blank>07960<\/a><\/td><td class=\"column-3\">Morristown<\/td><td class=\"column-4\">Morris<\/td><td class=\"column-5\">$2,170 <\/td>\n<\/tr>\n<tr class=\"row-22\">\n\t<td class=\"column-1\">21<\/td><td class=\"column-2\"><a href=\"https:\/\/www.rentcafe.com\/apartments-for-rent\/07029-nj\/\"target=_blank>07029<\/a><\/td><td class=\"column-3\">Harrison<\/td><td class=\"column-4\">Hudson<\/td><td class=\"column-5\">$2,132 <\/td>\n<\/tr>\n<tr class=\"row-23\">\n\t<td class=\"column-1\">22<\/td><td class=\"column-2\"><a href=\"https:\/\/www.rentcafe.com\/apartments-for-rent\/07073-NJ\/\"target=_blank>07073<\/a><\/td><td class=\"column-3\">East Rutherford<\/td><td class=\"column-4\">Bergen<\/td><td class=\"column-5\">$2,104 <\/td>\n<\/tr>\n<tr class=\"row-24\">\n\t<td class=\"column-1\">23<\/td><td class=\"column-2\"><a href=\"https:\/\/www.rentcafe.com\/apartments-for-rent\/07042-nj\/\"target=_blank>07042<\/a><\/td><td class=\"column-3\">Montclair<\/td><td class=\"column-4\">Essex<\/td><td class=\"column-5\">$2,103 <\/td>\n<\/tr>\n<tr class=\"row-25\">\n\t<td class=\"column-1\">24<\/td><td class=\"column-2\"><a href=\"https:\/\/www.rentcafe.com\/apartments-for-rent\/07090-nj\/\"target=_blank>07090<\/a><\/td><td class=\"column-3\">Westfield<\/td><td class=\"column-4\">Union<\/td><td class=\"column-5\">$2,079 <\/td>\n<\/tr>\n<tr class=\"row-26\">\n\t<td class=\"column-1\">25<\/td><td class=\"column-2\"><a href=\"https:\/\/www.rentcafe.com\/apartments-for-rent\/07856-NJ\/\"target=_blank>07856<\/a><\/td><td class=\"column-3\">Mount Arlington<\/td><td class=\"column-4\">Morris<\/td><td class=\"column-5\">$2,065 <\/td>\n<\/tr>\n<tr class=\"row-27\">\n\t<td class=\"column-1\">26<\/td><td class=\"column-2\"><a href=\"https:\/\/www.rentcafe.com\/apartments-for-rent\/07304-nj\/\"target=_blank>07304<\/a><\/td><td class=\"column-3\">Jersey City<\/td><td class=\"column-4\">Hudson<\/td><td class=\"column-5\">$2,047 <\/td>\n<\/tr>\n<tr class=\"row-28\">\n\t<td class=\"column-1\">27<\/td><td class=\"column-2\"><a href=\"https:\/\/www.rentcafe.com\/apartments-for-rent\/07450-NJ\/\"target=_blank>07450<\/a><\/td><td class=\"column-3\">Ridgewood<\/td><td class=\"column-4\">Bergen<\/td><td class=\"column-5\">$1,976 <\/td>\n<\/tr>\n<tr class=\"row-29\">\n\t<td class=\"column-1\">28<\/td><td class=\"column-2\"><a href=\"https:\/\/www.rentcafe.com\/apartments-for-rent\/07928-NJ\/\"target=_blank>07928<\/a><\/td><td class=\"column-3\">Chatham<\/td><td class=\"column-4\">Morris<\/td><td class=\"column-5\">$1,970 <\/td>\n<\/tr>\n<tr class=\"row-30\">\n\t<td class=\"column-1\">29<\/td><td class=\"column-2\"><a href=\"https:\/\/www.rentcafe.com\/apartments-for-rent\/07740-nj\/\"target=_blank>07740<\/a><\/td><td class=\"column-3\">Long Branch<\/td><td class=\"column-4\">Monmouth<\/td><td class=\"column-5\">$1,963 <\/td>\n<\/tr>\n<tr class=\"row-31\">\n\t<td class=\"column-1\">30<\/td><td class=\"column-2\"><a href=\"https:\/\/www.rentcafe.com\/apartments-for-rent\/07901-NJ\/\"target=_blank>07901<\/a><\/td><td class=\"column-3\">Summit<\/td><td class=\"column-4\">Union<\/td><td class=\"column-5\">$1,955 <\/td>\n<\/tr>\n<tr class=\"row-32\">\n\t<td class=\"column-1\">31<\/td><td class=\"column-2\"><a href=\"https:\/\/www.rentcafe.com\/apartments-for-rent\/07075-NJ\/\"target=_blank>07075<\/a><\/td><td class=\"column-3\">Wood-Ridge<\/td><td class=\"column-4\">Bergen<\/td><td class=\"column-5\">$1,941 <\/td>\n<\/tr>\n<tr class=\"row-33\">\n\t<td class=\"column-1\">32<\/td><td class=\"column-2\"><a href=\"https:\/\/www.rentcafe.com\/apartments-for-rent\/07885-NJ\/\"target=_blank>07885<\/a><\/td><td class=\"column-3\">Wharton<\/td><td class=\"column-4\">Morris<\/td><td class=\"column-5\">$1,920 <\/td>\n<\/tr>\n<tr class=\"row-34\">\n\t<td class=\"column-1\">33<\/td><td class=\"column-2\"><a href=\"https:\/\/www.rentcafe.com\/apartments-for-rent\/07834-NJ\/\"target=_blank>07834<\/a><\/td><td class=\"column-3\">Denville<\/td><td class=\"column-4\">Morris<\/td><td class=\"column-5\">$1,849 <\/td>\n<\/tr>\n<tr class=\"row-35\">\n\t<td class=\"column-1\">34<\/td><td class=\"column-2\"><a href=\"https:\/\/www.rentcafe.com\/apartments-for-rent\/07047-nj\/\"target=_blank>07047<\/a><\/td><td class=\"column-3\">North Bergen<\/td><td class=\"column-4\">Hudson<\/td><td class=\"column-5\">$1,839 <\/td>\n<\/tr>\n<tr class=\"row-36\">\n\t<td class=\"column-1\">35<\/td><td class=\"column-2\"><a href=\"https:\/\/www.rentcafe.com\/apartments-for-rent\/08807-nj\/\"target=_blank>08807<\/a><\/td><td class=\"column-3\">Bridgewater<\/td><td class=\"column-4\">Somerset<\/td><td class=\"column-5\">$1,824 <\/td>\n<\/tr>\n<tr class=\"row-37\">\n\t<td class=\"column-1\">36<\/td><td class=\"column-2\"><a href=\"https:\/\/www.rentcafe.com\/apartments-for-rent\/07002-nj\/\"target=_blank>07002<\/a><\/td><td class=\"column-3\">Bayonne<\/td><td class=\"column-4\">Hudson<\/td><td class=\"column-5\">$1,823 <\/td>\n<\/tr>\n<tr class=\"row-38\">\n\t<td class=\"column-1\">37<\/td><td class=\"column-2\"><a href=\"https:\/\/www.rentcafe.com\/apartments-for-rent\/07306-nj\/\"target=_blank>07306<\/a><\/td><td class=\"column-3\">Jersey City<\/td><td class=\"column-4\">Hudson<\/td><td class=\"column-5\">$1,822 <\/td>\n<\/tr>\n<tr class=\"row-39\">\n\t<td class=\"column-1\">38<\/td><td class=\"column-2\"><a href=\"https:\/\/www.rentcafe.com\/apartments-for-rent\/07083-nj\/\"target=_blank>07083<\/a><\/td><td class=\"column-3\">Union<\/td><td class=\"column-4\">Union<\/td><td class=\"column-5\">$1,813 <\/td>\n<\/tr>\n<tr class=\"row-40\">\n\t<td class=\"column-1\">39<\/td><td class=\"column-2\"><a href=\"https:\/\/www.rentcafe.com\/apartments-for-rent\/07103-nj\/\"target=_blank>07103<\/a><\/td><td class=\"column-3\">Newark<\/td><td class=\"column-4\">Essex<\/td><td class=\"column-5\">$1,811 <\/td>\n<\/tr>\n<tr class=\"row-41\">\n\t<td class=\"column-1\">40<\/td><td class=\"column-2\"><a href=\"https:\/\/www.rentcafe.com\/apartments-for-rent\/07940-NJ\/\"target=_blank>07940<\/a><\/td><td class=\"column-3\">Madison<\/td><td class=\"column-4\">Morris<\/td><td class=\"column-5\">$1,789 <\/td>\n<\/tr>\n<tr class=\"row-42\">\n\t<td class=\"column-1\">41<\/td><td class=\"column-2\"><a href=\"https:\/\/www.rentcafe.com\/apartments-for-rent\/07065-nj\/\"target=_blank>07065<\/a><\/td><td class=\"column-3\">Rahway<\/td><td class=\"column-4\">Union<\/td><td class=\"column-5\">$1,777 <\/td>\n<\/tr>\n<tr class=\"row-43\">\n\t<td class=\"column-1\">42<\/td><td class=\"column-2\"><a href=\"https:\/\/www.rentcafe.com\/apartments-for-rent\/07052-NJ\/\"target=_blank>07052<\/a><\/td><td class=\"column-3\">West Orange<\/td><td class=\"column-4\">Essex<\/td><td class=\"column-5\">$1,761 <\/td>\n<\/tr>\n<tr class=\"row-44\">\n\t<td class=\"column-1\">43<\/td><td class=\"column-2\"><a href=\"https:\/\/www.rentcafe.com\/apartments-for-rent\/08901-nj\/\"target=_blank>08901<\/a><\/td><td class=\"column-3\">New Brunswick<\/td><td class=\"column-4\">Middlesex<\/td><td class=\"column-5\">$1,752 <\/td>\n<\/tr>\n<tr class=\"row-45\">\n\t<td class=\"column-1\">44<\/td><td class=\"column-2\"><a href=\"https:\/\/www.rentcafe.com\/apartments-for-rent\/07430-NJ\/\"target=_blank>07430<\/a><\/td><td class=\"column-3\">Mahwah<\/td><td class=\"column-4\">Bergen<\/td><td class=\"column-5\">$1,748 <\/td>\n<\/tr>\n<tr class=\"row-46\">\n\t<td class=\"column-1\">45<\/td><td class=\"column-2\"><a href=\"https:\/\/www.rentcafe.com\/apartments-for-rent\/07605-nj\/\"target=_blank>07605<\/a> (Tie)<\/td><td class=\"column-3\">Leonia<\/td><td class=\"column-4\">Bergen<\/td><td class=\"column-5\">$1,739 <\/td>\n<\/tr>\n<tr class=\"row-47\">\n\t<td class=\"column-1\">46<\/td><td class=\"column-2\"><a href=\"https:\/\/www.rentcafe.com\/apartments-for-rent\/07403-NJ\/\"target=_blank>07403<\/a> (Tie)<\/td><td class=\"column-3\">Bloomingdale<\/td><td class=\"column-4\">Passaic<\/td><td class=\"column-5\">$1,739 <\/td>\n<\/tr>\n<tr class=\"row-48\">\n\t<td class=\"column-1\">47<\/td><td class=\"column-2\"><a href=\"https:\/\/www.rentcafe.com\/apartments-for-rent\/07728-nj\/\"target=_blank>07728<\/a><\/td><td class=\"column-3\">Freehold<\/td><td class=\"column-4\">Monmouth<\/td><td class=\"column-5\">$1,731 <\/td>\n<\/tr>\n<tr class=\"row-49\">\n\t<td class=\"column-1\">48<\/td><td class=\"column-2\"><a href=\"https:\/\/www.rentcafe.com\/apartments-for-rent\/08648-nj\/\"target=_blank>08648<\/a><\/td><td class=\"column-3\">Lawrence Township<\/td><td class=\"column-4\">Mercer<\/td><td class=\"column-5\">$1,730 <\/td>\n<\/tr>\n<tr class=\"row-50\">\n\t<td class=\"column-1\">49<\/td><td class=\"column-2\"><a href=\"https:\/\/www.rentcafe.com\/apartments-for-rent\/08873-nj\/\"target=_blank>08873<\/a><\/td><td class=\"column-3\">Somerset<\/td><td class=\"column-4\">Somerset<\/td><td class=\"column-5\">$1,723 <\/td>\n<\/tr>\n<tr class=\"row-51\">\n\t<td class=\"column-1\">50<\/td><td class=\"column-2\"><a href=\"https:\/\/www.rentcafe.com\/apartments-for-rent\/07601-NJ\/\"target=_blank>07601<\/a><\/td><td class=\"column-3\">Hackensack<\/td><td class=\"column-4\">Bergen<\/td><td class=\"column-5\">$1,712<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<!-- #tablepress-112 from cache -->\n<p>Reigning as <strong>the #1 most expensive ZIP code in the state of New Jersey<\/strong>, <a href=\"https:\/\/www.rentcafe.com\/apartments-for-rent\/07030-nj\/\" target=\"_blank\" rel=\"noopener noreferrer\">07030<\/a>\u2019s average rent in 2017 clocks in at $3,401. Although softening 2% year-over-year, 07030 still kept its lead from 2016. The pricey ZIP covers the entirety of <a href=\"https:\/\/www.rentcafe.com\/apartments-for-rent\/hoboken-nj\/\" target=\"_blank\" rel=\"noopener noreferrer\">Hoboken<\/a>, including neighborhoods such as Madison Park, Castle Point and SoHo West. With apartment construction at a <a href=\"https:\/\/www.rentcafe.com\/blog\/rental-market\/us-apartment-construction-at-a-20-year-high-in-2017\/\" target=\"_blank\" rel=\"noopener noreferrer\">20-year high<\/a>, Hoboken followed national trends, increasing its stock by 10% year-over-year. Hoboken added 482 units for a current total of 5,184 apartments. Some of the priciest of them are located at <a href=\"https:\/\/www.rentcafe.com\/apartments\/nj\/hoboken\/the-south-independence-at-the-shipyard\/default.aspx\" target=\"_blank\" rel=\"noopener noreferrer\">The South Independence at The Shipyard<\/a>, <a href=\"https:\/\/www.rentcafe.com\/apartments\/nj\/hoboken\/the-sovereign-at-the-shipyard\/default.aspx\" target=\"_blank\" rel=\"noopener noreferrer\">The Sovereign at The Shipyards<\/a>, <a href=\"https:\/\/www.rentcafe.com\/apartments\/nj\/hoboken\/hoboken-south-waterfront\/default.aspx\" target=\"_blank\" rel=\"noopener noreferrer\">Hoboken South Waterfront<\/a> and <a href=\"https:\/\/www.rentcafe.com\/apartments\/nj\/hoboken\/the-north-independence-at-the-shipyard\/default.aspx\" target=\"_blank\" rel=\"noopener noreferrer\">The North Independence at The Shipyard<\/a>, where apartments can go for well over 6,000 a month.<\/p>\n<p>Bergen County\u2019s <a href=\"https:\/\/www.rentcafe.com\/apartments-for-rent\/07020-nj\/\" target=\"_blank\" rel=\"noopener noreferrer\">07020<\/a> \u2013 covering the borough of Edgewater &#8212; also maintained its runner-up position, despite a 2.6% contraction in the average rent. <strong>New Jersey\u2019s #2 most expensive ZIP code<\/strong>, 07020\u2019s average rent is currently at $3,368. Stock is also on the rise in 07020 \u2013 at a 5.7% year-over-year growth rate, the borough now totals 1,895 units. Named \u201cA riverside borough with quirks\u201d by <a href=\"https:\/\/www.nytimes.com\/2017\/06\/07\/realestate\/edgewater-nj-a-riverside-borough-with-quirks.html?mcubz=0\" target=\"_blank\" rel=\"noopener noreferrer\"><em>The New York Times<\/em><\/a>, Edgewater boasts Hudson River frontage, and views across to the <a href=\"https:\/\/www.rentcafe.com\/apartments-for-rent\/all-upper-west-side-manhattan-ny\/\" target=\"_blank\" rel=\"noopener noreferrer\">Upper West Side<\/a> and <a href=\"https:\/\/www.rentcafe.com\/apartments-for-rent\/harlem-manhattan-ny\/\" target=\"_blank\" rel=\"noopener noreferrer\">Harlem<\/a>.<\/p>\n<p>Neighboring New Jersey\u2019s #1 most expensive ZIP code 07030, <a href=\"https:\/\/www.rentcafe.com\/apartments-for-rent\/07310-nj\/\">07310<\/a> is currently <strong>the state\u2019s 3<sup>rd<\/sup> priciest ZIP code for renters <\/strong>boasting an average rent of $3,201. Covering <a href=\"https:\/\/www.rentcafe.com\/apartments-for-rent\/jersey-city-nj\/\" target=\"_blank\" rel=\"noopener noreferrer\">Jersey City<\/a> neighborhoods like <a href=\"https:\/\/www.rentcafe.com\/apartments-for-rent\/newport-jersey-city-nj\/\" target=\"_blank\" rel=\"noopener noreferrer\">Newport<\/a> and <a href=\"https:\/\/www.rentcafe.com\/apartments-for-rent\/van-leer-jersey-city-nj\/\" target=\"_blank\" rel=\"noopener noreferrer\">Van Leer<\/a>, as well as Hoboken Yards, 07310 has a total of 5,165 units, down almost 8% year-over-year.<\/p>\n<p>07310 also borders <strong>New Jersey\u2019s 4<sup>th<\/sup> priciest ZIP code<\/strong>, <a href=\"https:\/\/www.rentcafe.com\/apartments-for-rent\/07302-nj\/\" target=\"_blank\" rel=\"noopener noreferrer\">07302<\/a>, which posted an average rent of $3,115 \u2013 a 1% year-over-year gain. 07302 also saw healthy supply gains, adding 1995 new units year-over-year, boosting its inventory to 9587 units. 07302\u2019s pricey rents are not surprising, as the ZIP code covers <a href=\"https:\/\/www.rentcafe.com\/apartments-for-rent\/downtown-gateway-nj\/\" target=\"_blank\" rel=\"noopener noreferrer\">Downtown Jersey City<\/a> neighborhoods like <a href=\"https:\/\/www.rentcafe.com\/apartments-for-rent\/van-vorst-park-jersey-city-nj\/\" target=\"_blank\" rel=\"noopener noreferrer\">Van Vorst Park<\/a>, The Historic Downtown Village, <a href=\"https:\/\/www.rentcafe.com\/apartments-for-rent\/harsimus-cove-jersey-city-nj\/\" target=\"_blank\" rel=\"noopener noreferrer\">Harsimus Cove<\/a>, <a href=\"https:\/\/www.rentcafe.com\/apartments-for-rent\/hamilton-park-jersey-city-nj\/\" target=\"_blank\" rel=\"noopener noreferrer\">Hamilton Park<\/a>, Mill Creek and parts of <a href=\"https:\/\/www.rentcafe.com\/apartments-for-rent\/metro-plaza-jersey-city-nj\/\" target=\"_blank\" rel=\"noopener noreferrer\">Metro Plaza<\/a>.<\/p>\n<p><strong>07030 in Hoboken is the most expensive ZIP code in New Jersey, with the average rent clocking in at $3,401.\u00a0 Curious to see if other states\u2019 priciest ZIPs can take New Jersey on? Just move your cursor to another state boundary. <\/strong><br \/>\n<script id=\"infogram_0_4b9dba77-75f1-4ba3-92f2-79c26c09a751\" title=\"The Most Expensive ZIP Code for Renters in Every State Sept 2017\" src=\"https:\/\/e.infogram.com\/js\/dist\/embed.js?04L\" type=\"text\/javascript\"><\/script><\/p>\n<h6>Methodology<\/h6>\n<ul>\n<li>Data compilation, analysis, and mapping done by <a href=\"https:\/\/www.rentcafe.com\/\" target=\"_blank\" rel=\"noopener noreferrer\">RentCafe<\/a> using rent and construction data provided by <a href=\"http:\/\/www.yardimatrix.com\/\" target=\"_blank\" rel=\"noopener noreferrer\">Yardi Matrix<\/a>, a RentCafe sister company.<\/li>\n<li>The average rent figures in this article were calculated from the actual rents charged in apartment buildings with at least 50 rental units, located in 125 U.S. markets, totaling approximately 15 million apartment units.<\/li>\n<li>ZIP codes with less than 200 rental units and less than 3 properties were excluded from the calculations.<\/li>\n<li>Rent pricies are for apartments only, no single-family homes or townhomes were included.<\/li>\n<\/ul>\n<div class=\"usagerights\">\n<div class=\"fairuse\">\n<h3>Fair use and redistribution<\/h3>\n<p>We encourage you and freely grant you permission to reuse, host, or repost the images in this article. When doing so, we only ask that you kindly attribute the authors by linking to <a href=\"https:\/\/www.rentcafe.com\">RentCafe.com<\/a> or this page, so that your readers can learn more about this project, the research behind it and its methodology. For more in-depth, customized data, please contact us at <a href=\"mailto:media@rentcafe.com\" target=\"_blank\" rel=\"noopener noreferrer\">media@rentcafe.com<\/a>.<\/p>\n<\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Key takeaways: Hoboken\u2019s 07030 is the #1 most expensive ZIP code for renters in New Jersey with an average of $3,401 At almost 52%, Jersey City\u2019s 07306 (#37) experienced the highest rate of supply expansion as well as the highest rent gains at 34% Livingston\u2019s 07039 (#12) experienced the largest negative rent growth in the&hellip;<\/p>\n","protected":false},"author":35,"featured_media":56680,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[3661,3659],"tags":[],"class_list":["post-54589","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-market-snapshots","category-rental-market","gallery-content-unit"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v23.4 (Yoast SEO v24.6) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Check out the Most Expensive ZIP Codes in New Jersey<\/title>\n<meta name=\"description\" content=\"The New Jersey average rent is well above the national level, but wait until you see the hottest areas! See the most expensive ZIP codes in New Jersey:\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.rentcafe.com\/blog\/rental-market\/market-snapshots\/expensive-zip-codes-new-jersey-state\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"New Jersey\u2019s Most Expensive ZIP Codes \u2013 Hoboken and Edgewater Rents 2.5 Times the National Average\" \/>\n<meta property=\"og:description\" content=\"The New Jersey average rent is well above the national level, but wait until you see the hottest areas! See the most expensive ZIP codes in New Jersey:\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.rentcafe.com\/blog\/rental-market\/market-snapshots\/expensive-zip-codes-new-jersey-state\/\" \/>\n<meta property=\"og:site_name\" content=\"RentCafe rental blog\" \/>\n<meta property=\"article:published_time\" content=\"2017-12-04T19:22:22+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2017-12-06T12:49:32+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.rentcafe.com\/blog\/wp-content\/uploads\/sites\/62\/2017\/07\/most-expensive-zip-codes-in-new-jersey-hoboken-skyline.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"890\" \/>\n\t<meta property=\"og:image:height\" content=\"395\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Balazs Szekely\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Balazs Szekely\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"3 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.rentcafe.com\/blog\/rental-market\/market-snapshots\/expensive-zip-codes-new-jersey-state\/\",\"url\":\"https:\/\/www.rentcafe.com\/blog\/rental-market\/market-snapshots\/expensive-zip-codes-new-jersey-state\/\",\"name\":\"Check out the Most Expensive ZIP Codes in New Jersey\",\"isPartOf\":{\"@id\":\"https:\/\/www.rentcafe.com\/blog\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/www.rentcafe.com\/blog\/rental-market\/market-snapshots\/expensive-zip-codes-new-jersey-state\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/www.rentcafe.com\/blog\/rental-market\/market-snapshots\/expensive-zip-codes-new-jersey-state\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/www.rentcafe.com\/blog\/wp-content\/uploads\/sites\/62\/2017\/07\/most-expensive-zip-codes-in-new-jersey-hoboken-skyline.jpg\",\"datePublished\":\"2017-12-04T19:22:22+00:00\",\"dateModified\":\"2017-12-06T12:49:32+00:00\",\"author\":{\"@id\":\"https:\/\/www.rentcafe.com\/blog\/#\/schema\/person\/623e95293ca6c6791bedc7473f548d7f\"},\"description\":\"The New Jersey average rent is well above the national level, but wait until you see the hottest areas! 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