Interested in purchasing investment houses in the 07201 zip code in Elizabeth, NJ?
The zip code 07201 is in Union county with a latitude of -74.176530000000 and longitude of 40.672010000000, is in the state of New Jersey. The average asking price of houses and condos is $252,220.00 and the average sale price was $184,360.00. this regions is classified as the New York City metro area and is in the 908 area code. The location in degrees is 40° 40' 19.236" N, 74° 10' 35.508" W. The county F.I.P.S. is 34039. The total land area is 6.6 square miles and the water area is 0.4 square miles. The elevation in this area is 3 - 36 feet. The zip code is on eastern standard time and observes daylight savings time.
The zip 07201 is in county number 039 and is L. Sector 08, L. Segment 01, H. Sector 60, and H. Segment 60. The population was 28,397 in 2019 and 26,263 in 2010. This further breaks down to 15,260 males (53.7%) and 13,136 females (46.3%). The median age of residents is 34.9 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 4,273. This zip code has a combined total of 9,860 houses and condos. There are 6,750 rented appartments. 77% of residents rent versus the 77% 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 $29,822 and the average salary is $29,833. The median household income of individuals is $40,694.00 and the average is $34,950.00. This zip code has a mean commute time to work of 28.6 minutes. The unemployment rate is 5.0%. Income earners by percent breakdown as 60.20% (Under $50,000), 28.20% ($50,000-$100,000), and 11.60% earn over $100,000. 15.5% of residents live below poverty line versus the 9.2% in the state that are below this line. The cost of living index is 116.5. The educational breakdown is 74.2% have a high school education or higher, 13.5% have a bachelor's degree or higher, and 3.7% have some kind of profesional degree.
This area has 8,395 households and the average size is 3.2 people. Individuals who are single and have never been married are 40.3%, 41.0% are now married, 4.7% are separated, 3.8% are widowed, and 10.2% are divorced. The average yearly contribution amount given by people to charity was $2,410 versus the state average of $3,451. The percent of residents who gave to charity was 10.7%.
The estimated median value of houses and condos is $295,124. The median monthly owner costs of mortgage holders was $2,680, where as the costs for those who don't have a mortgage are $1,206. The median number of rooms in houses and condos are 5.8 versus apartments which had a median number of 4.1.
The real estate tax percent rate is 3.1% which equated to an average real estate tax amount payment of $9,249. 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 3.2% which amounted to an average tax amount of $9,054. Conversely, the median housing property tax percent for residents who don't have mortgages was 3.0% which amounted to an average tax amount of $9,534. Reported taxable interest for persons was $725, dividends $3,295, capital gains +$886, and itemized deductions $17,470. The average earned income tax credit is $2,425. The percent of individuals that use a tax preparer is 69.8%. The total average income taxes paid by individuals was $5,611. Businesses reported an average profit of $9,191.
Las Tres Hermanas
1160 E Jersey St, Elizabeth, NJ 07201
El Pico De Oro Restaurant
942 Elizabeth Ave, Elizabeth, NJ 07201
El Salvadoreno Restaurant
1128 Elizabeth Ave, Elizabeth, NJ 07201
Wun Wu Chinese Kitchen
225 Broad St, Elizabeth, NJ 07201
Good Friends
808 1st Ave, Elizabeth, NJ 07201
Chan's Restaurant
701 E Jersey St, Elizabeth, NJ 07201
Royal Palace Chinese Restaurant
709 Elizabeth Ave, Elizabeth, NJ 07201
Valenca
665 Monroe Ave, Elizabeth, NJ 07201
Four Boys
14 W Grand St, Elizabeth, NJ 07201
Seaport Diner
798 Dowd Ave, Elizabeth, NJ 07201
The Chippery
929 Westfield Ave, Elizabeth, NJ 07208 (1 miles away)
Barone's Italian Food Market
615 3rd Ave, Elizabeth, NJ 07202 (1.4 miles away)