1031 Exchange Dover, New Jersey
New Jersey Opportunity Zones

Surrounding submarket Area

Dover, New Jersey is a part of the Morris County Submarket submarket area, and contains zip codes 07801 and 07802.

Dover Demographics & Economic Trends

The 2019 average effective rent for Class A, B, and C apartments in the Dover, NJ submarket area was $1,575, which is 16.32% higher than 2014 average rent. This represents a compounded annual growth rate of 3.07%. 2019 vacancy in Dover, NJ was 4.80%.

The total population of the city of Dover, NJ has decreased 1.08% since 2010. As of 2018, the population was 17,961. The median household income of the Dover was $70,412, which is 16.78% higher than the national average.

  • submarket area Morris County Submarket
  • avg rent $1,575
  • rent growth 16.32%
  • vacancy 4.80%
  • median income $70,412
  • population (2018) 17,961
  • population growth -1.08%
  • vs. nat'l avg 16.78%
  • zip codes 07801 07802

Compare DST Properties Side-By-Side
Source: www.zip-codes.com
Source: REIS Market Report
Source: United States Census Bureau

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