Interested in purchasing investment houses in the 08340 zip code in Milmay, NJ?
The zip code 08340 is in both Atlantic and Cumberland counties with a latitude of -74.873020000000 and longitude of 39.436090000000, is in the state of New Jersey. The average asking price of houses and condos is $238,143.00 and the average sale price was $271,250.00. this regions is classified as the Philadelphia metro area and is in the 609 area code. The location in degrees is 39° 26' 9.924" N, 74° 52' 22.872" W. The county F.I.P.S. is 34001. The total land area is 13.1 square miles and the water area is 0.0 square miles. The elevation in this area is 75 - 92 feet. The zip code is on eastern standard time and observes daylight savings time.
The zip 08340 is in county number 011 and is L. Sector 96, L. Segment 01, H. Sector 01, and H. Segment 01. The population was 1,341 in 2019 and 979 in 2010. This further breaks down to 715 males (53.3%) and 625 females (46.7%). The median age of residents is 35.1 years. The population of the greater Atlantic City-Hammonton, NJ area is 276,846. The population density (people per square mile) is 102. This zip code has a combined total of 460 houses and condos. There are 83 rented appartments. 18% of residents rent versus the 18% 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 $64,386 and the average salary is $51,900. The median household income of individuals is $54,087.00 and the average is $70,300.00. This zip code has a mean commute time to work of 35.3 minutes. The unemployment rate is 13.2%. Income earners by percent breakdown as 45.70% (Under $50,000), 36.80% ($50,000-$100,000), and 17.50% earn over $100,000. 11.2% of residents live below poverty line versus the 9.2% in the state that are below this line. The cost of living index is 96.7. The educational breakdown is 92.5% have a high school education or higher, 16.7% have a bachelor's degree or higher, and 4.0% have some kind of profesional degree.
This area has 373 households and the average size is 2.9 people. Individuals who are single and have never been married are 38.0%, 52.6% are now married, 0.8% are separated, 5.6% are widowed, and 2.9% are divorced. The average yearly contribution amount given by people to charity was $2,041 versus the state average of $3,451. The percent of residents who gave to charity was 40.5%.
The estimated median value of houses and condos is $279,422. The median monthly owner costs of mortgage holders was $2,189, where as the costs for those who don't have a mortgage are $625. The median number of rooms in houses and condos are 6.9 versus apartments which had a median number of 7.1.
The real estate tax percent rate is 2.6% which equated to an average real estate tax amount payment of $7,298. 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 2.9% which amounted to an average tax amount of $8,672. Conversely, the median housing property tax percent for residents who don't have mortgages was 2.4% which amounted to an average tax amount of $4,350. Reported taxable interest for persons was $465, dividends $2,709, capital gains +$10,711, and itemized deductions $19,850. The average earned income tax credit is $1,567. The percent of individuals that use a tax preparer is 69.0%. The total average income taxes paid by individuals was $8,941. Businesses reported an average profit of $5,080.
Sidelines East Sports Bar & Grill
1202 Tuckahoe Rd, Milmay, NJ 08340
Milmay Tavern
1202 Tuckahoe Rd, Milmay, NJ 08340
The Pickwickian Tavern & Smokery
1252 Harding Hwy, Richland, NJ 08350 (2.8 miles away)
Root Cellar Tavern
38 Tuckahoe Rd, Dorothy, NJ 08317 (3.5 miles away)
Martino's Trattoria
2614 E Chestnut Ave, Vineland, NJ 08361 (5.4 miles away)
Cafe Trattoria Mamma Maria
108 Wheat Rd, Buena, NJ 08310 (6.5 miles away)
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