Interested in purchasing investment houses in the 08242 zip code in Rio Grande, NJ?
The zip code 08242 is in Cape May county with a latitude of -74.888840000000 and longitude of 39.018050000000, is in the state of New Jersey. The average asking price of houses and condos is $194,900.00 and the average sale price was $188,792.00. this regions is classified as the Philadelphia metro area and is in the 609 area code. The location in degrees is 39° 1' 4.98" N, 74° 53' 19.824" W. The county F.I.P.S. is 34009. This zip code contains three cities including Rio Grande, NJ (48.77%), Erma, NJ (6.41%), and Whitesboro-Burleigh, NJ (6.16%) The total land area is 5.1 square miles and the water area is 0.1 square miles. The elevation in this area is 7 - 10 feet. The zip code is on eastern standard time and observes daylight savings time.
The zip 08242 is in county number 009 and is L. Sector 01, L. Segment 51, H. Sector 57, and H. Segment 57. The population was 3,171 in 2019 and 3,216 in 2010. This further breaks down to 1,401 males (44.2%) and 1,769 females (55.8%). The median age of residents is 42.0 years. The population of the greater Ocean City, NJ area is 100,384. The population density (people per square mile) is 627. This zip code has a combined total of 1,867 houses and condos. There are 316 rented appartments. 24% of residents rent versus the 24% of residents in the state who rent.
The financial status of those living in this area is considered lower middle class. The average individual gross adjusted income is $45,501 and the average salary is $34,220. The median household income of individuals is $35,466.00 and the average is $46,770.00. This zip code has a mean commute time to work of 22.2 minutes. The unemployment rate is 12.0%. Income earners by percent breakdown as 63.70% (Under $50,000), 25.70% ($50,000-$100,000), and 10.70% earn over $100,000. 19.1% of residents live below poverty line versus the 9.2% in the state that are below this line. The cost of living index is 100.3. The educational breakdown is 86.7% have a high school education or higher, 13.7% have a bachelor's degree or higher, and 6.0% have some kind of profesional degree.
This area has 1,332 households and the average size is 2.4 people. Individuals who are single and have never been married are 23.2%, 61.2% are now married, 1.7% are separated, 7.0% are widowed, and 6.8% are divorced. The average yearly contribution amount given by people to charity was $1,952 versus the state average of $3,451. The percent of residents who gave to charity was 24.0%.
The estimated median value of houses and condos is $285,725. The median monthly owner costs of mortgage holders was $1,655, where as the costs for those who don't have a mortgage are $704. The median number of rooms in houses and condos are 6.1 versus apartments which had a median number of 5.4.
The real estate tax percent rate is 1.5% which equated to an average real estate tax amount payment of $4,377. 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 1.5% which amounted to an average tax amount of $4,328. Conversely, the median housing property tax percent for residents who don't have mortgages was 1.5% which amounted to an average tax amount of $4,456. Reported taxable interest for persons was $680, dividends $1,879, capital gains +$4,770, and itemized deductions $19,044. The average earned income tax credit is $2,041. The percent of individuals that use a tax preparer is 62.3%. The total average income taxes paid by individuals was $6,943. Businesses reported an average profit of $13,395.
Tokyo Japanese Restaurant
1711 Route 47, Rio Grande, NJ 08242
Momiji Japanese Restaurant
1302 Route 47, Rio Grande, NJ 08242
Menz Restaurant
985 Route 47 S, Rio Grande, NJ 08242
Rio Grande Diner
1305 Route 47, Rio Grande, NJ 08242
Rio Station Restaurant
3505 Route 9 S, Rio Grande, NJ 08242
Flight Deck Diner
505 Terminal Dr, Rio Grande, NJ 08242
Alumni Grill
1050 Route 47 S, Rio Grande, NJ 08242
Dos Amigos
1500 Nj-47 Rio Grande Plaza Shopping Center, Rio Grande, NJ 08242
Wing Street
3301 Route 9 S, Rio Grande, NJ 08242
Dq
1613 Route 47, Rio Grande, NJ 08242
La Piazza Cucina/La Piazza
1057 Route 47 S, Rio Grande, NJ 08242
Morelos
1304 Route 47 Unit F, Rio Grande, NJ 08242
Taco Shop
1288 Hornet Rd, Rio Grande, NJ 08242
Cheng's Chinese Restaurant
1302 Route 47, Rio Grande, NJ 08242
No 1 Chinese Kitchen
1500 Route 47 Ste 19, Rio Grande, NJ 08242
China Pavilion
3151 Route 9 S, Rio Grande, NJ 08242
Cheng's Chinese Restaurant
47 Satt Blvd, Rio Grande, NJ 08242
Surfside West Diner
3 Cresse St, Rio Grande, NJ 08242
Dawgtown Dogs
1288 Hornet Rd, Rio Grande, NJ 08242
Hamlen Strength Systems
251 Ranger Rd, Rio Grande, NJ 08242