07005 — Boonton, NJ home prices
ZIP 07005 is rising, a premium-priced area.
Momentum+2.3%Rising
Vs typical+27%Premium
Rental yield5.2%Moderate yield
Real Estate Price Map scores, derived from the data on this page · how we calculate them
2000: $290,278 → today: $727,877 (2.5×)
Typical home value
$727,877
Zillow ZHVI
Since 2000
+151%
Rank in NJ
#159
of 547 ZIPs
Median rent
$3,130/mo
5.2% gross yield
Market read
At $727,877, ZIP 07005 in Boonton is 27% above the typical NJ ZIP ($574,547), ranking #159 of 547.
It sits in Morris County — see full county data →.
Home value history
Zillow ZHVI, yearly.
Frequently asked questions
What is the average home value in ZIP code 07005?
The typical home in ZIP 07005 (Boonton, NJ) is worth $727,877 — 27% above the typical NJ ZIP ($574,547).
How have home prices in 07005 changed since 2000?
Home values in ZIP 07005 are +151% versus 2000.
What is the rental yield in ZIP 07005?
Median rent is $3,130/mo, about a 5.2% gross yield.
What county is ZIP 07005 in?
ZIP 07005 is in Morris County.
| Year | ZIP 07005 home value |
|---|---|
| 2000 | $290,278 |
| 2001 | $315,620 |
| 2002 | $357,581 |
| 2003 | $402,333 |
| 2004 | $450,355 |
| 2005 | $505,145 |
| 2006 | $511,096 |
| 2007 | $507,813 |
| 2008 | $455,115 |
| 2009 | $449,792 |
| 2010 | $435,921 |
| 2011 | $413,237 |
| 2012 | $414,583 |
| 2013 | $436,067 |
| 2014 | $449,308 |
| 2015 | $464,966 |
| 2016 | $460,953 |
| 2017 | $473,047 |
| 2018 | $485,243 |
| 2019 | $495,592 |
| 2020 | $521,971 |
| 2021 | $569,533 |
| 2022 | $602,082 |
| 2023 | $648,693 |
| 2024 | $696,640 |
| 2025 | $711,791 |
| 2026 | $727,877 |