Interested in purchasing investment houses in the 07920 zip code in Basking Ridge, NJ?
The zip code 07920 is in both Somerset and Morris counties with a latitude of -74.562960000000 and longitude of 40.678400000000, is in the state of New Jersey. The average asking price of houses and condos is $740,829.00 and the average sale price was $600,405.00. this regions is classified as the New York City metro area and is in the 908 area code. The location in degrees is 40° 40' 42.24" N, 74° 33' 46.656" W. The county F.I.P.S. is 34035. The total land area is 23.3 square miles and the water area is 0.2 square miles. The elevation in this area is 259 - 427 feet. The zip code is on eastern standard time and observes daylight savings time.
The zip 07920 is in county number 039 and is L. Sector 16, L. Segment 75, H. Sector 75, and H. Segment 75. The population was 27,331 in 2019 and 26,747 in 2010. Of this, the break down in 2019 was 26,045 urban and 1,285 rural. This further breaks down to 13,347 males (48.8%) and 13,984 females (51.2%). The median age of residents is 45.9 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 1,175. This zip code has a combined total of 10,446 houses and condos. There are 1,707 rented appartments. 17% of residents rent versus the 17% of residents in the state who rent.
The financial status of those living in this area is considered upper middle class. The average individual gross adjusted income is $187,428 and the average salary is $169,588. The median household income of individuals is $140,072.00 and the average is $225,060.00. This zip code has a mean commute time to work of 34.6 minutes. The unemployment rate is 3.8%. Income earners by percent breakdown as 11.60% (Under $50,000), 22.40% ($50,000-$100,000), and 66.00% earn over $100,000. 3.1% of residents live below poverty line versus the 9.2% in the state that are below this line. The cost of living index is 123.3. The educational breakdown is 99.1% have a high school education or higher, 77.7% have a bachelor's degree or higher, and 41.1% have some kind of profesional degree.
This area has 9,936 households and the average size is 2.7 people. Individuals who are single and have never been married are 26.1%, 59.9% are now married, 1.1% are separated, 5.6% are widowed, and 7.4% are divorced. The average yearly contribution amount given by people to charity was $4,566 versus the state average of $3,451. The percent of residents who gave to charity was 59.8%.
The estimated median value of houses and condos is $732,115. The median monthly owner costs of mortgage holders was $3,643, where as the costs for those who don't have a mortgage are $1,516. The median number of rooms in houses and condos are 7.9 versus apartments which had a median number of 4.1.
The real estate tax percent rate is 1.4% which equated to an average real estate tax amount payment of $10,434. 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 1.4% which amounted to an average tax amount of $10,433. Conversely, the median housing property tax percent for residents who don't have mortgages was 1.4% which amounted to an average tax amount of $10,476. Reported taxable interest for persons was $3,235, dividends $10,439, capital gains +$16,749, and itemized deductions $47,009. The average earned income tax credit is $1,490. The percent of individuals that use a tax preparer is 62.3%. The total average income taxes paid by individuals was $28,236. Businesses reported an average profit of $35,546.
Delicious Heights Outpost
07920, Basking Ridge, NJ 07920
Trattoria Bolu
25 Mountainview Blvd, Basking Ridge, NJ 07920
Veneto Tratorria
554 Allen Rd, Basking Ridge, NJ 07920
Focacceria
26 Church St, Basking Ridge, NJ 07920
Figaro 3 Ristorante Italino
403 King George Rd, Basking Ridge, NJ 07920
Origin Thai
25 Mountainview Blvd, Basking Ridge, NJ 07920
Tsuru of Japanese Cuisine
413 King George Rd, Basking Ridge, NJ 07920
Mizu Sushi
41 S Finley Ave, Basking Ridge, NJ 07920
Red Oak Grille
579 Allen Rd, Basking Ridge, NJ 07920
Copper Kettle Deli
118 S Finley Ave Ste A, Basking Ridge, NJ 07920
Grain House
225 Us Highway 202, Basking Ridge, NJ 07920
Delicious Heights Outpost
185 Madisonville Rd, Basking Ridge, NJ 07920
Bistro
595 Martinsville Rd, Basking Ridge, NJ 07920
Soup Shoppe
665 Martinsville Rd Ste 110, Basking Ridge, NJ 07920
Vine
95 Morristown Rd, Basking Ridge, NJ 07920
Ironwood Restaurant
185 Madisonville Rd, Basking Ridge, NJ 07920
Growth Restaurants Inc
155 S Finley Ave, Basking Ridge, NJ 07920
Tsuru Restaurant
413 King George Rd Ste 774, Basking Ridge, NJ 07920
Tandoori Mela
562 Allen Rd, Basking Ridge, NJ 07920
Chu's Cafe
576 Allen Rd, Basking Ridge, NJ 07920
Domino's Pizza
534 Lyons Rd, Liberty Corner, NJ 07938 (2.1 miles away)
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