Interested in purchasing investment houses in the 07202 zip code in Elizabeth, NJ?
The zip code 07202 is in Union county with a latitude of -74.216250000000 and longitude of 40.652730000000, is in the state of New Jersey. The average asking price of houses and condos is $243,680.00 and the average sale price was $186,855.00. this regions is classified as the New York City metro area and is in the 908 area code. The location in degrees is 40° 39' 9.828" N, 74° 12' 58.5" W. The county F.I.P.S. is 34039. The total land area is 2.3 square miles and the water area is 0.1 square miles. The elevation in this area is 33 - 33 feet. The zip code is on eastern standard time and observes daylight savings time.
The zip 07202 is in county number 039 and is L. Sector 00, L. Segment 01, H. Sector 60, and H. Segment 60. The population was 42,125 in 2019 and 40,849 in 2010. This further breaks down to 20,219 males (48.0%) and 21,905 females (52.0%). The median age of residents is 35.6 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 18,162. This zip code has a combined total of 14,360 houses and condos. There are 10,161 rented appartments. 76% of residents rent versus the 76% 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 $32,669 and the average salary is $32,875. The median household income of individuals is $44,370.00 and the average is $38,790.00. This zip code has a mean commute time to work of 24.5 minutes. The unemployment rate is 4.6%. Income earners by percent breakdown as 55.30% (Under $50,000), 31.30% ($50,000-$100,000), and 13.30% earn over $100,000. 15.4% of residents live below poverty line versus the 9.2% in the state that are below this line. The cost of living index is 116.1. The educational breakdown is 74.8% have a high school education or higher, 12.3% have a bachelor's degree or higher, and 4.0% have some kind of profesional degree.
This area has 13,897 households and the average size is 3.1 people. Individuals who are single and have never been married are 44.9%, 38.6% are now married, 2.8% are separated, 5.0% are widowed, and 8.7% are divorced. The average yearly contribution amount given by people to charity was $2,262 versus the state average of $3,451. The percent of residents who gave to charity was 12.3%.
The estimated median value of houses and condos is $307,508. The median monthly owner costs of mortgage holders was $2,562, where as the costs for those who don't have a mortgage are $1,102. The median number of rooms in houses and condos are 5.3 versus apartments which had a median number of 3.9.
The real estate tax percent rate is 3.1% which equated to an average real estate tax amount payment of $9,538. 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 3.1% which amounted to an average tax amount of $9,733. Conversely, the median housing property tax percent for residents who don't have mortgages was 3.1% which amounted to an average tax amount of $9,335. Reported taxable interest for persons was $871, dividends $2,983, capital gains +$1,126, and itemized deductions $17,807. The average earned income tax credit is $2,288. The percent of individuals that use a tax preparer is 68.6%. The total average income taxes paid by individuals was $6,188. Businesses reported an average profit of $9,251.
Barone's Italian Food Market
615 3rd Ave, Elizabeth, NJ 07202
Sakura Japan
25 S Broad St, Elizabeth, NJ 07202
Glatt Star Restaurant
157 Elmora Ave, Elizabeth, NJ 07202
Tequila Bistro
824 Pearl St, Elizabeth, NJ 07202
La Tia Restaurant
335 Washington Ave, Elizabeth, NJ 07202
Tumi Peruvian Restaurant
600 Bayway Ave, Elizabeth, NJ 07202
Jiahua Chinese Restaurant
25 S Broad St, Elizabeth, NJ 07202
Michelino's Restaurant
169 Washington Ave, Elizabeth, NJ 07202
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