Interested in purchasing investment houses in the 07504 zip code in Paterson, NJ?
The zip code 07504 is in Passaic county with a latitude of -74.141290000000 and longitude of 40.912220000000, is in the state of New Jersey. The average asking price of houses and condos is $258,463.00 and the average sale price was $208,025.00. 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° 54' 43.992" N, 74° 8' 28.644" W. The county F.I.P.S. is 34031. The total land area is 0.8 square miles and the water area is 0.0 square miles. The elevation in this area is 92 - 92 feet. The zip code is on eastern standard time and observes daylight savings time.
The zip 07504 is in county number 031 and is L. Sector 10, L. Segment , H. Sector , and H. Segment . The population was 11,704 in 2019 and 12,882 in 2010. This further breaks down to 5,562 males (47.5%) and 6,141 females (52.5%). The median age of residents is 39.6 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 14,141. This zip code has a combined total of 4,065 houses and condos. There are 2,471 rented appartments. 66% of residents rent versus the 66% 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 $32,809 and the average salary is $31,132. The median household income of individuals is $54,401.00 and the average is $35,610.00. This zip code has a mean commute time to work of 27.8 minutes. The unemployment rate is 1.8%. Income earners by percent breakdown as 45.80% (Under $50,000), 33.30% ($50,000-$100,000), and 20.90% earn over $100,000. 14.3% of residents live below poverty line versus the 9.2% in the state that are below this line. The cost of living index is 119.3. The educational breakdown is 84.7% have a high school education or higher, 20.9% have a bachelor's degree or higher, and 4.7% have some kind of profesional degree.
This area has 3,763 households and the average size is 3.1 people. Individuals who are single and have never been married are 44.4%, 39.4% are now married, 1.0% are separated, 5.4% are widowed, and 9.8% are divorced. The average yearly contribution amount given by people to charity was $3,722 versus the state average of $3,451. The percent of residents who gave to charity was 17.2%.
The estimated median value of houses and condos is $317,018. The median monthly owner costs of mortgage holders was $2,511, where as the costs for those who don't have a mortgage are $1,083. The median number of rooms in houses and condos are 6.3 versus apartments which had a median number of 4.4.
The real estate tax percent rate is 3.0% which equated to an average real estate tax amount payment of $9,515. 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 $9,892. 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 $8,461. Reported taxable interest for persons was $600, dividends $1,708, capital gains +$559, and itemized deductions $20,782. The average earned income tax credit is $2,386. The percent of individuals that use a tax preparer is 73.8%. The total average income taxes paid by individuals was $8,243. Businesses reported an average profit of $7,441.
A & B Famous Gefilte Fish
209 Mclean Blvd, Paterson, NJ 07504
Buca's Restaurant
138 Vreeland Ave, Paterson, NJ 07504
Bonfire
999 Market St, Paterson, NJ 07513 (0.5 miles away)
Mr. G's
455 E 18th St, Paterson, NJ 07514 (0.9 miles away)
Mamita Candy
13 Fair St, Paterson, NJ 07501 (1.2 miles away)
Caribbean Station
274 Trenton Ave, Paterson, NJ 07503 (1.2 miles away)
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