Interested in purchasing investment houses in the 08345 zip code in Newport, NJ?
The zip code 08345 is in Cumberland county with a latitude of -75.165070000000 and longitude of 39.281100000000, is in the state of New Jersey. The average asking price of houses and condos is $157,300.00 and the average sale price was $104,667.00. this regions is classified as the Philadelphia metro area and is in the 856 area code. The location in degrees is 39° 16' 51.96" N, 75° 9' 54.252" W. The county F.I.P.S. is 34011. The total land area is 20.3 square miles and the water area is 2.3 square miles. The elevation in this area is 0 - 36 feet. The zip code is on eastern standard time and observes daylight savings time.
The zip 08345 is in county number 011 and is L. Sector 02, L. Segment 01, H. Sector 60, and H. Segment 60. The population was 597 in 2019 and 805 in 2010. This further breaks down to 295 males (49.4%) and 302 females (50.6%). The median age of residents is 45.4 years. The population of the greater Vineland-Millville-Bridgeton, NJ area is 158,434. The population density (people per square mile) is 29. This zip code has a combined total of 354 houses and condos. There are 39 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 lower middle class. The average individual gross adjusted income is $42,326 and the average salary is $40,100. The median household income of individuals is $42,630.00 and the average is $46,620.00. This zip code has a mean commute time to work of 26.4 minutes. The unemployment rate is 5.3%. Income earners by percent breakdown as 57.40% (Under $50,000), 32.30% ($50,000-$100,000), and 10.30% earn over $100,000. 11.5% of residents live below poverty line versus the 9.2% in the state that are below this line. The cost of living index is 91.4. The educational breakdown is 81.9% have a high school education or higher, 18.0% have a bachelor's degree or higher, and 6.9% have some kind of profesional degree.
This area has 324 households and the average size is 2.6 people. Individuals who are single and have never been married are 26.6%, 55.2% are now married, 0.6% are separated, 9.1% are widowed, and 8.6% are divorced. The average yearly contribution amount given by people to charity was $1,886 versus the state average of $3,451. The percent of residents who gave to charity was 20.0%.
The estimated median value of houses and condos is $160,002. The median monthly owner costs of mortgage holders was $1,527, where as the costs for those who don't have a mortgage are $637. The median number of rooms in houses and condos are 6.4 versus apartments which had a median number of 5.6.
The real estate tax percent rate is 2.5% which equated to an average real estate tax amount payment of $3,989. 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 $4,059. Conversely, the median housing property tax percent for residents who don't have mortgages was 2.7% which amounted to an average tax amount of $3,887. Reported taxable interest for persons was $800, dividends $1,050, and itemized deductions $15,936. The average earned income tax credit is $2,067. The percent of individuals that use a tax preparer is 60.0%. The total average income taxes paid by individuals was $5,940. Businesses reported an average profit of $4,700.
Bayshore Crabhouse
100 Back Rd, Newport, NJ 08345
Jenkin's Seafood
38 Fortescue Rd, Newport, NJ 08345
The Landing Restaurant
91 Landing Rd, Newport, NJ 08345
Krispy Krunchy Chicken
127 Main St, Newport, NJ 08345
Water Front Cafe
91 Landing Rd, Newport, NJ 08345
When my husband passed away suddenly, I was left with a home I had to sell fast. The experts from We Buy Homes dealt with me professionally, fairly, and honestly. I didn’t have to list my house and I didn’t have to deal with strangers walking through my home. And I didn’t have to pay a realtor! They handled everything and that provided the peace of mind I needed during such a difficult time. I highly recommend them!
