Interested in purchasing investment houses in the 07416 zip code in Franklin, NJ?
The zip code 07416 is in Sussex county with a latitude of -74.597760000000 and longitude of 41.115890000000, is in the state of New Jersey. The average asking price of houses and condos is $261,325.00 and the average sale price was $152,400.00. 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 41° 6' 57.204" N, 74° 35' 51.936" W. The county F.I.P.S. is 34037. The total land area is 9.4 square miles and the water area is 0.3 square miles. The elevation in this area is 548 - 925 feet. The zip code is on eastern standard time and observes daylight savings time.
The zip 07416 is in county number 037 and is L. Sector 00, L. Segment 01, H. Sector 20, and H. Segment 20. The population was 5,583 in 2019 and 5,781 in 2010. Of this, the break down in 2019 was 5,179 urban and 403 rural. This further breaks down to 2,608 males (46.7%) and 2,974 females (53.3%). The median age of residents is 44.7 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 595. This zip code has a combined total of 2,682 houses and condos. There are 589 rented appartments. 26% of residents rent versus the 26% 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 $52,233 and the average salary is $47,909. The median household income of individuals is $57,702.00 and the average is $57,770.00. This zip code has a mean commute time to work of 38.0 minutes. The unemployment rate is 5.7%. Income earners by percent breakdown as 40.00% (Under $50,000), 40.80% ($50,000-$100,000), and 19.20% earn over $100,000. 7.3% of residents live below poverty line versus the 9.2% in the state that are below this line. The cost of living index is 111.6. The educational breakdown is 92.1% have a high school education or higher, 20.8% have a bachelor's degree or higher, and 4.9% have some kind of profesional degree.
This area has 2,181 households and the average size is 2.5 people. Individuals who are single and have never been married are 29.0%, 50.3% are now married, 3.2% are separated, 8.6% are widowed, and 8.9% are divorced. The average yearly contribution amount given by people to charity was $1,894 versus the state average of $3,451. The percent of residents who gave to charity was 30.8%.
The estimated median value of houses and condos is $214,957. The median monthly owner costs of mortgage holders was $1,866, where as the costs for those who don't have a mortgage are $828. The median number of rooms in houses and condos are 6.4 versus apartments which had a median number of 3.9.
The real estate tax percent rate is 3.2% which equated to an average real estate tax amount payment of $6,812. 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 3.0% which amounted to an average tax amount of $7,049. Conversely, the median housing property tax percent for residents who don't have mortgages was 3.7% which amounted to an average tax amount of $6,381. Reported taxable interest for persons was $889, dividends $2,372, capital gains +$103, and itemized deductions $20,745. The average earned income tax credit is $2,071. The percent of individuals that use a tax preparer is 60.1%. The total average income taxes paid by individuals was $9,134. Businesses reported an average profit of $9,139.
Savioli's Ravioli
270 State Rt 23 Ste B, Franklin, NJ 07416
Wok & Sushi
27 State Highway No 23, Franklin, NJ 07416
Franklin Chicken & Ribs
535 State Rt 23, Franklin, NJ 07416
Chappy's Cafe
3290 State Rt 94, Franklin, NJ 07416
Bear Den Restaurant
138 State Rt 23, Franklin, NJ 07416
Sit n' Chat Diner
428 State Rt 23, Franklin, NJ 07416
Vernon Diner-Pancake House
428 State Rt 23, Franklin, NJ 07416
Brick & Brew
27 State Rt 23, Franklin, NJ 07416
Irish Cottage Inn
602 State Rt 23, Franklin, NJ 07416
Lnc Kitchen Inc
270 State Rt 23, Franklin, NJ 07416
TJ's Pizzeria
109 State Rt 23, Franklin, NJ 07416
Jersey Fresh Tees
56 School Plz, Franklin, NJ 07416
Franklin Rest 2011
272 State Rt 23, Franklin, NJ 07416
Corner Deli Conv Stores
91 Main St, Franklin, NJ 07416
Cafe e Dolci
207 State Rt 23, Franklin, NJ 07416
Chrissy's Place
40 N Church Rd, Franklin, NJ 07416
Roy Rogers Restaurant
76 State Rt 23, Franklin, NJ 07416
Milano Restaurante
3673 State Rt 94, Hamburg, NJ 07419 (2.1 miles away)
Eddie and the Briquettes
334 Main St, Ogdensburg, NJ 07439 (2.8 miles away)