Interested in purchasing investment houses in the 07042 zip code in Montclair, NJ?
The zip code 07042 is in Essex county with a latitude of -74.217660000000 and longitude of 40.813690000000, is in the state of New Jersey. The average asking price of houses and condos is $548,528.00 and the average sale price was $599,713.00. 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° 48' 49.284" N, 74° 13' 3.576" W. The county F.I.P.S. is 34013. The total land area is 3.8 square miles and the water area is 0.0 square miles. The elevation in this area is 243 - 328 feet. The zip code is on eastern standard time and observes daylight savings time.
The zip 07042 is in county number 013 and is L. Sector 00, L. Segment 98, H. Sector 13, and H. Segment 13. The population was 26,579 in 2019 and 25,599 in 2010. This further breaks down to 12,689 males (47.7%) and 13,890 females (52.3%). The median age of residents is 40.2 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 7,039. This zip code has a combined total of 11,457 houses and condos. There are 5,220 rented appartments. 49% of residents rent versus the 49% 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 $126,060 and the average salary is $101,467. The median household income of individuals is $77,939.00 and the average is $157,720.00. This zip code has a mean commute time to work of 39.6 minutes. The unemployment rate is 3.7%. Income earners by percent breakdown as 32.20% (Under $50,000), 29.00% ($50,000-$100,000), and 38.80% earn over $100,000. 7.5% of residents live below poverty line versus the 9.2% in the state that are below this line. The cost of living index is 116.8. The educational breakdown is 97.6% have a high school education or higher, 65.5% have a bachelor's degree or higher, and 31.4% have some kind of profesional degree.
This area has 10,696 households and the average size is 2.5 people. Individuals who are single and have never been married are 39.9%, 44.3% are now married, 1.4% are separated, 3.8% are widowed, and 10.6% are divorced. The average yearly contribution amount given by people to charity was $6,106 versus the state average of $3,451. The percent of residents who gave to charity was 37.7%.
The estimated median value of houses and condos is $571,118. The median monthly owner costs of mortgage holders was $3,678, where as the costs for those who don't have a mortgage are $1,516. The median number of rooms in houses and condos are 7.4 versus apartments which had a median number of 4.0.
The real estate tax percent rate is 1.8% 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 1.7% 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 2.0% which amounted to an average tax amount of $10,476. Reported taxable interest for persons was $4,588, dividends $13,569, capital gains +$37,818, and itemized deductions $50,285. The average earned income tax credit is $1,904. The percent of individuals that use a tax preparer is 64.5%. The total average income taxes paid by individuals was $30,190. Businesses reported an average profit of $25,111.
Fin Raw Bar & Kitchen
183 Glenridge Ave, Montclair, NJ 07042
Halcyon
114 Walnut St, Montclair, NJ 07042
Grove Delicatessen
121 Grove St, Montclair, NJ 07042
Corso 98
98 Walnut St, Montclair, NJ 07042
Fascino
331 Bloomfield Ave, Montclair, NJ 07042
Leone's
19 S Park St, Montclair, NJ 07042
Tuptim Thai Cuisine
600 Bloomfield Ave, Montclair, NJ 07042
Sushi Hana Japanese Restaurant
5 N Fullerton Ave, Montclair, NJ 07042
Nori
561 Bloomfield Ave, Montclair, NJ 07042
The Wood Pit
108 Bloomfield Ave Ste B, Montclair, NJ 07042
Toast
700 Bloomfield Ave, Montclair, NJ 07042
Raymond's
28 Church St, Montclair, NJ 07042
B London
307 Orange Rd, Montclair, NJ 07042
Egan & Sons
118 Walnut St, Montclair, NJ 07042
Just Jake's
30 Park St, Montclair, NJ 07042
Bistro 18
18 S Fullerton Ave, Montclair, NJ 07042
Nauna's Bella Casa
148 Valley Rd, Montclair, NJ 07042
Palazzo Restaurant
11 S Fullerton Ave, Montclair, NJ 07042
Noches De Colombia Restaurant
19 Elm St, Montclair, NJ 07042
Salute
173 Glenridge Ave, Montclair, NJ 07042
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