Interested in purchasing investment houses in the 07848 zip code in Lafayette, NJ?
The zip code 07848 is in Sussex county with a latitude of -74.684070000000 and longitude of 41.103360000000, is in the state of New Jersey. The average asking price of houses and condos is $447,723.00 and the average sale price was $299,227.00. 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' 12.096" N, 74° 41' 2.652" W. The county F.I.P.S. is 34037. The total land area is 23.7 square miles and the water area is 0.1 square miles. The elevation in this area is 548 - 676 feet. The zip code is on eastern standard time and observes daylight savings time.
The zip 07848 is in county number 037 and is L. Sector 00, L. Segment 01, H. Sector 49, and H. Segment 49. The population was 4,954 in 2019 and 5,026 in 2010. Of this, the break down in 2019 was 1,989 urban and 2,964 rural. This further breaks down to 2,364 males (47.7%) and 2,589 females (52.3%). The median age of residents is 52.7 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 209. This zip code has a combined total of 1,950 houses and condos. There are 245 rented appartments. 14% of residents rent versus the 14% 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 $88,313 and the average salary is $74,044. The median household income of individuals is $101,337.00 and the average is $95,810.00. This zip code has a mean commute time to work of 38.8 minutes. The unemployment rate is 3.7%. Income earners by percent breakdown as 17.70% (Under $50,000), 31.30% ($50,000-$100,000), and 51.00% earn over $100,000. 7.4% of residents live below poverty line versus the 9.2% in the state that are below this line. The cost of living index is 115.2. The educational breakdown is 91.0% have a high school education or higher, 35.6% have a bachelor's degree or higher, and 12.0% have some kind of profesional degree.
This area has 1,679 households and the average size is 2.4 people. Individuals who are single and have never been married are 25.9%, 50.5% are now married, 0.8% are separated, 8.8% are widowed, and 14.0% are divorced. The average yearly contribution amount given by people to charity was $3,061 versus the state average of $3,451. The percent of residents who gave to charity was 42.2%.
The estimated median value of houses and condos is $370,646. The median monthly owner costs of mortgage holders was $2,364, where as the costs for those who don't have a mortgage are $990. The median number of rooms in houses and condos are 7.4 versus apartments which had a median number of 4.5.
The real estate tax percent rate is 2.5% which equated to an average real estate tax amount payment of $9,215. 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 2.3% which amounted to an average tax amount of $9,605. Conversely, the median housing property tax percent for residents who don't have mortgages was 2.8% which amounted to an average tax amount of $9,007. Reported taxable interest for persons was $1,845, dividends $4,475, capital gains +$7,594, and itemized deductions $29,902. The average earned income tax credit is $1,588. The percent of individuals that use a tax preparer is 64.2%. The total average income taxes paid by individuals was $16,228. Businesses reported an average profit of $21,724.
The Lafayette House
75 State Route 94, Lafayette, NJ 07848
Fat Daddy's
191 State Route 15, Lafayette, NJ 07848
Lafayette House
75 State Route 15, Lafayette, NJ 07848
Fat Stevo's
191 State Route 15, Lafayette, NJ 07848
Everthing Homemade Pastry Shop and Cafe
86 State Route 15, Lafayette, NJ 07848
Millside Cafe
12 Morris Farm Rd, Lafayette, NJ 07848
Bagful O Bagels
11 State Route 15, Lafayette, NJ 07848
Silk City Restaurant, Silk City
374 Main St, Sparta, NJ 07871 (4.3 miles away)
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