Interested in purchasing investment houses in the 07885 zip code in Wharton, NJ?
The zip code 07885 is in Morris county with a latitude of -74.578450000000 and longitude of 40.935170000000, is in the state of New Jersey. The average asking price of houses and condos is $253,014.00 and the average sale price was $246,781.00. 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° 56' 6.612" N, 74° 34' 42.42" W. The county F.I.P.S. is 34027. This zip code contains three cities including Wharton, NJ (14.05%), White Meadow Lake, NJ (1.16%), and Lake Telemark, NJ (0.29%) The total land area is 15.0 square miles and the water area is 0.7 square miles. The elevation in this area is 719 - 1017 feet. The zip code is on eastern standard time and observes daylight savings time.
The zip 07885 is in county number 027 and is L. Sector 00, L. Segment 01, H. Sector 20, and H. Segment 20. The population was 10,204 in 2019 and 10,078 in 2010. Of this, the break down in 2019 was 9,601 urban and 602 rural. This further breaks down to 5,248 males (51.4%) and 4,955 females (48.6%). The median age of residents is 40.8 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 678. This zip code has a combined total of 4,435 houses and condos. There are 1,455 rented appartments. 37% of residents rent versus the 37% 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 $59,045 and the average salary is $53,299. The median household income of individuals is $77,541.00 and the average is $67,560.00. This zip code has a mean commute time to work of 29.6 minutes. The unemployment rate is 6.0%. Income earners by percent breakdown as 29.80% (Under $50,000), 34.40% ($50,000-$100,000), and 35.80% earn over $100,000. 7.6% of residents live below poverty line versus the 9.2% in the state that are below this line. The cost of living index is 115.0. The educational breakdown is 89.6% have a high school education or higher, 31.8% have a bachelor's degree or higher, and 12.1% have some kind of profesional degree.
This area has 3,743 households and the average size is 2.6 people. Individuals who are single and have never been married are 36.4%, 44.6% are now married, 0.6% are separated, 4.5% are widowed, and 13.8% are divorced. The average yearly contribution amount given by people to charity was $1,912 versus the state average of $3,451. The percent of residents who gave to charity was 34.9%.
The estimated median value of houses and condos is $329,181. The median monthly owner costs of mortgage holders was $2,268, where as the costs for those who don't have a mortgage are $1,062. The median number of rooms in houses and condos are 6.6 versus apartments which had a median number of 4.1.
The real estate tax percent rate is 2.4% which equated to an average real estate tax amount payment of $8,039. 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 2.4% which amounted to an average tax amount of $7,896. Conversely, the median housing property tax percent for residents who don't have mortgages was 2.5% which amounted to an average tax amount of $8,393. Reported taxable interest for persons was $1,048, dividends $2,583, capital gains +$9,131, and itemized deductions $22,519. The average earned income tax credit is $2,098. The percent of individuals that use a tax preparer is 58.8%. The total average income taxes paid by individuals was $10,855. Businesses reported an average profit of $12,590.
Cj Steak House
175 N Main St, Wharton, NJ 07885
Fortune Buffet
350 N Main St, Wharton, NJ 07885
Hot Rods Bbq
175 N Main St, Wharton, NJ 07885
Taphouse 15
75 State Route 15 N, Wharton, NJ 07885
Townsquare Diner
320 State Route 15 S, Wharton, NJ 07885
4 Seasons Restaurant
322 S Main St, Wharton, NJ 07885
The Canal House
47 Kossuth St, Wharton, NJ 07885
Spain Rincon
41 Richard Mine Rd, Wharton, NJ 07885
Peruvian Restaurant
17 N Main St, Wharton, NJ 07885
Rinconcito Peruano
17 N Main St, Wharton, NJ 07885
Pops Chicken
392 N Main St, Wharton, NJ 07885
Ming Court Buffet
WHARTON Mall, Wharton, NJ 07885
Good Five Restaurant
321 State Route 15 S, Wharton, NJ 07885
Nonna Pizzeria
312 S Main St, Wharton, NJ 07885
Los Criollos Colombian Restaurant
5 S Main St, Wharton, NJ 07885
Sussex Market
219 N Main St, Wharton, NJ 07885
Mama's Gastro Pub
350 N Main St, Wharton, NJ 07885
Ox Ox
7312 Polk Dr, Wharton, NJ 07885
Soup Man
315 State Route 15 N, Wharton, NJ 07885
Lu's Garden Inc
322 S Main St, Wharton, NJ 07885
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