ZIP Code · NJ

ZIP 07058

Pop. 5,946·Morris County·50th most expensive ZIP in New Jersey
Median rent (all units)
$2,896/mo
Year-over-Year
-1.3%
Month-over-Month
-0.3%
vs US Median
+$964
Reported rents
Stable (Monthly)
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Most AffordableMost Expensive
ZIP 07058 · $2,896
More expensive than 89% of US ZIP codes · National median $1,932/mo
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Medians by bedroom

Rent by unit size

Studio
$2,330
1 BR
$2,630
2 BR
$3,180
3 BR
$3,980
4 BR+
$4,520
Research median
$3,180/mo

Bedroom estimates are gross rents that include essential utilities (electricity, water, gas, sewer, trash).

Rent trends

12-month history

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Last updated: October 17, 2026

From the history

What the numbers show

Past year vs. the rest of New Jersey

Rent in ZIP 07058 changed -1.3% over the year to September 2026. Across the 149 New Jersey ZIP codes Zillow tracks, the typical change was +2.8%.

Recent direction

Rent has fallen 2 months in a row, and rose in 5 of the last 12 months.

What a typical income covers

30% of the median household income ($127,805) is $3,195 a month. That covers HUD's Fair Market Rent for up to a 2-bedroom ($3,180); a 3-bedroom is $3,980.

Cheaper nearby

ZIP 07005, 6 miles away, rents for 13% less ($2,523/mo), about $4,500 a year in savings.

From Zillow's monthly rent index (ZORI) for ZIP 07058. Income is the Census median household income (5-year estimates). Fair Market Rents are HUD’s, which include utilities.

Annual cost
$34,752/yr
At $2,896/mo median
Location
StateNJ
CountyMorris County
Rent Market Meter
Balanced Market
Renter's MarketBalancedLandlord's Market
Rents are roughly steady, with neither renters nor landlords holding a strong edge right now.
Based on rent-price momentum (-1.3% YoY, -0.3% MoM), not inventory.
Demographics

Who lives here

ZIP 07058 (Pine Brook, NJ) is majority owner-occupied, has a median income above the national average, 62.8% of residents hold a bachelor's degree or higher.

Population
5,946
Median income
$127,805
Median age
38.2
Renters
35.4%
Age distribution
21%
23.5%
27.6%
19.2%
Under 1821%
18–3423.5%
35–5427.6%
55–648.6%
65+19.2%
Gender
51.7%
48.3%
Male51.7%
Female48.3%
Race & ethnicity
58.5%
30.3%
White58.5%
Black3%
Hispanic1.9%
Asian30.3%
Other6.3%
Education (25+)
28.9%
62.8%
No HS diploma2.2%
HS diploma6.1%
Some college28.9%
Bachelor's+62.8%
Housing tenure
64.6%
35.4%
Owner64.6%
Renter35.4%

Source: U.S. Census Bureau · ACS 2024 5-Year Estimates

2021 vs 2026

How ZIP 07058 in Pine Brook, NJ has changed in 5 years

Income
$160,019 → $127,805
down 20.1%
Population
5,974 → 5,946
down 0.5%
Renter share
30.5% → 35.4%
+4.9 pts
Bachelor's+
61.7% → 62.8%
+1.1 pts
Median age
42.3 → 38.2
-4.1 yrs

Local incomes tracked alongside that move, going from a median of $160,019 in 2021 to $127,805 more recently. About 35.4% of households rent today, against 30.5% in 2021.

Community

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Local insights

Tips for renters in ZIP 07058

About renting in ZIP 07058

Last updated: October 17, 2026

ZIP code 07058 covers Pine Brook, NJ. The median rent here is $2,896/mo as of October 2026. A 1-bedroom rents for a median of $2,630/mo. A 2-bedroom rents for a median of $3,180/mo.

At 27% of local median household income ($127,805/yr), ZIP 07058 ranks as affordable compared to the national benchmark of 30%. Rents have decreased 1.3% over the past year.

FAQ

Frequently asked questions

How much income do you need to rent in ZIP 07058?

To keep rent at or below 30% of gross income, you would need to earn at least $116,000/year (about $56/hour full-time) to afford the median rent of $2,896/mo in ZIP 07058. The local median household income is $127,805/yr, so the typical household meets that bar.

Is rent going up or down in ZIP 07058?

Rent in ZIP 07058 has fallen 1.3% over the past year.

How does ZIP 07058 compare to other ZIPs in New Jersey?

ZIP 07058 is one of the pricier among New Jersey ZIP codes for rent, ranking #50 of 209 at $2,896/mo. Over the year to September 2026, rent in ZIP 07058 changed -1.3%, against a typical +2.8% across the 149 New Jersey ZIP codes Zillow tracks.

How does ZIP 07058 compare to the rest of Pine Brook?

At $2,896/mo, ZIP 07058 is $49 above the Pine Brook citywide median of $2,847/mo.
Income Affordability
27%
AFFORDABLE

At $2,896/mo, rent takes ~27% of ZIP 07058's median household income ($127,805/yr). The standard benchmark is 30%.

ZIP 07058 27%Benchmark 30%
State income tax1.4–10.75%
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Schools nearby

Public schools near ZIP 07058 (Pine Brook, NJ)

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