Interested in purchasing investment houses in the 07041 zip code in Millburn, NJ?
The zip code 07041 is in Essex county with a latitude of -74.300680000000 and longitude of 40.723080000000, is in the state of New Jersey. The average asking price of houses and condos is $577,432.00 and the average sale price was $570,895.00. this regions is classified as the New York City metro area and consists of the following area codes: 862 and 973. The location in degrees is 40° 43' 23.088" N, 74° 18' 2.448" W. The county F.I.P.S. is 34013. The total land area is 1.3 square miles and the water area is 0.0 square miles. The elevation in this area is 266 - 423 feet. The zip code is on eastern standard time and observes daylight savings time.
The zip 07041 is in county number 013 and is L. Sector 00, L. Segment 01, H. Sector 70, and H. Segment 70. The population was 6,843 in 2019 and 6,868 in 2010. This further breaks down to 3,293 males (48.1%) and 3,550 females (51.9%). The median age of residents is 41.3 years. The population of the greater New York-Northern New Jersey-Long Island, NY-NJ-PA area is 19,113,505. The population density (people per square mile) is 5,191. This zip code has a combined total of 2,723 houses and condos. There are 877 rented appartments. 34% of residents rent versus the 34% of residents in the state who rent.
The financial status of those living in this area is considered middle class. The average individual gross adjusted income is $164,457 and the average salary is $122,014. The median household income of individuals is $105,942.00 and the average is $176,490.00. This zip code has a mean commute time to work of 44.8 minutes. The unemployment rate is 2.8%. Income earners by percent breakdown as 15.90% (Under $50,000), 30.30% ($50,000-$100,000), and 53.80% earn over $100,000. 3.5% of residents live below poverty line versus the 9.2% in the state that are below this line. The cost of living index is 118.7. The educational breakdown is 99.0% have a high school education or higher, 76.5% have a bachelor's degree or higher, and 42.3% have some kind of profesional degree.
This area has 2,628 households and the average size is 2.7 people. Individuals who are single and have never been married are 24.2%, 63.0% are now married, 0.8% are separated, 4.6% are widowed, and 7.3% are divorced. The average yearly contribution amount given by people to charity was $3,385 versus the state average of $3,451. The percent of residents who gave to charity was 50.6%.
The estimated median value of houses and condos is $872,656. The median monthly owner costs of mortgage holders was $3,563, where as the costs for those who don't have a mortgage are $1,492. The median number of rooms in houses and condos are 7.7 versus apartments which had a median number of 3.9.
The real estate tax percent rate is 1.2% which equated to an average real estate tax amount payment of $10,434. In comparision, the average real estate tax percent rate in the state is 2.4% which equated to an average real estate tax amount payment in the state of $8,432. The median housing property tax percent for residents with mortgages was 1.2% which amounted to an average tax amount of $10,433. Conversely, the median housing property tax percent for residents who don't have mortgages was 1.3% which amounted to an average tax amount of $10,476. Reported taxable interest for persons was $2,255, dividends $6,451, capital gains +$21,039, and itemized deductions $44,043. The average earned income tax credit is $1,776. The percent of individuals that use a tax preparer is 66.6%. The total average income taxes paid by individuals was $25,481. Businesses reported an average profit of $29,406.
Charlie Brown's Steakhouse
35 Main St, Millburn, NJ 07041
Jill and Jack
44 Main St, Millburn, NJ 07041
Evoo & Lemon
45 Main St, Millburn, NJ 07041
Basilico
324 Millburn Ave Ste B, Millburn, NJ 07041
La Cucina Di Clememza
382 Millburn Ave, Millburn, NJ 07041
Cara Mia
194 Essex St, Millburn, NJ 07041
La Pergola
120 Essex St, Millburn, NJ 07041
Gian Marco Trattoria
301 Millburn Ave, Millburn, NJ 07041
Mia Famiglia
277 Main St Ste A, Millburn, NJ 07041
Peter's
61 Main St, Millburn, NJ 07041
Da Nico
291 Essex St, Millburn, NJ 07041
La Strada Restaurant
355 Millburn Ave, Millburn, NJ 07041
Thai House Thai Restaurant
321 Millburn Ave, Millburn, NJ 07041
Thai 321 Inc
321 Millburn Ave, Millburn, NJ 07041
Sakura Japanese Restaurant
44 Essex St, Millburn, NJ 07041
Sapporo Japanese
318 Millburn Ave, Millburn, NJ 07041
Lee's Asian Grill
318 Millburn Ave, Millburn, NJ 07041
UMI Sushi
339 Millburn Ave, Millburn, NJ 07041
MoonShine Modern Supper Club
55 Main St, Millburn, NJ 07041
The Salad House
343 Millburn Ave, Millburn, NJ 07041
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