Interested in purchasing investment houses in the 07055 zip code in Passaic, NJ?
The zip code 07055 is in Passaic county with a latitude of -74.128190000000 and longitude of 40.857480000000, is in the state of New Jersey. The average asking price of houses and condos is $271,972.00 and the average sale price was $217,000.00. 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° 51' 26.928" N, 74° 7' 41.484" W. The county F.I.P.S. is 34031. This zip code contains two cities including Passaic, NJ (99.89%), and Clifton, NJ (0.11%) The total land area is 3.1 square miles and the water area is 0.1 square miles. The elevation in this area is 72 - 85 feet. The zip code is on eastern standard time and observes daylight savings time.
The zip 07055 is in county number 017 and is L. Sector 98, L. Segment 02, H. Sector 02, and H. Segment 02. The population was 70,854 in 2019 and 69,816 in 2010. This further breaks down to 35,416 males (50.0%) and 35,438 females (50.0%). The median age of residents is 30.4 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 22,560. This zip code has a combined total of 21,570 houses and condos. There are 15,621 rented appartments. 78% of residents rent versus the 78% of residents in the state who rent.
The financial status of those living in this area is considered lower middle class. The average individual gross adjusted income is $34,125 and the average salary is $31,345. The median household income of individuals is $41,349.00 and the average is $42,390.00. This zip code has a mean commute time to work of 27.4 minutes. The unemployment rate is 4.5%. Income earners by percent breakdown as 58.70% (Under $50,000), 28.50% ($50,000-$100,000), and 12.80% earn over $100,000. 26.3% of residents live below poverty line versus the 9.2% in the state that are below this line. The cost of living index is 124.6. The educational breakdown is 66.9% have a high school education or higher, 16.2% have a bachelor's degree or higher, and 5.4% have some kind of profesional degree.
This area has 19,428 households and the average size is 3.5 people. Individuals who are single and have never been married are 46.4%, 39.6% are now married, 3.8% are separated, 3.8% are widowed, and 6.5% are divorced. The average yearly contribution amount given by people to charity was $5,716 versus the state average of $3,451. The percent of residents who gave to charity was 10.8%.
The estimated median value of houses and condos is $367,771. The median monthly owner costs of mortgage holders was $2,613, where as the costs for those who don't have a mortgage are $1,256. The median number of rooms in houses and condos are 5.9 versus apartments which had a median number of 3.8.
The real estate tax percent rate is 2.8% which equated to an average real estate tax amount payment of $10,327. 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 2.8% 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 2.7% which amounted to an average tax amount of $10,079. Reported taxable interest for persons was $1,342, dividends $5,391, capital gains +$13,963, and itemized deductions $25,216. The average earned income tax credit is $2,493. The percent of individuals that use a tax preparer is 82.9%. The total average income taxes paid by individuals was $11,042. Businesses reported an average profit of $12,332.
Cana Mofongo Steakhouse
533 Main Ave, Passaic, NJ 07055
Torta Lokas Passaic
945 Main Ave, Passaic, NJ 07055
Continental Seafood Corp
267 Passaic St, Passaic, NJ 07055
Latina Seafood
384 Monroe St, Passaic, NJ 07055
Las Delicias De Jaimito
25 Howe Ave, Passaic, NJ 07055
Mi Ranchito BBQ
40 Lexington Ave, Passaic, NJ 07055
The Guest List
829 Main Ave, Passaic, NJ 07055
Great Falls Bistro at Factory220
220 Passaic St, Passaic, NJ 07055
Bruno's Pizzeria & Restaurant
684 Main Ave, Passaic, NJ 07055
Peruvian Family Restaurant
363 Passaic St, Passaic, NJ 07055
Mi Casa Restaurant
198 Washington Pl, Passaic, NJ 07055
Honey Restaurant
379 Monroe St, Passaic, NJ 07055
La Cabana Restaurant
79 Lexington Ave, Passaic, NJ 07055
La fortaleza
962 Main Ave, Passaic, NJ 07055
Cositasrica Cositasrica
294 Main Ave, Passaic, NJ 07055
El Jardin Restaurant
769 Main Ave, Passaic, NJ 07055
El Chevere
258 Monroe St, Passaic, NJ 07055
Oriental Garden
586 Broadway, Passaic, NJ 07055
Sun Foods Indian Restaurant
18 Broadway, Passaic, NJ 07055
Sui Min III
356 Montgomery St, Passaic, NJ 07055
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