Interested in purchasing investment houses in the 08502 zip code in Belle Mead, NJ?
The zip code 08502 is in Somerset county with a latitude of -74.655640000000 and longitude of 40.448270000000, is in the state of New Jersey. The average asking price of houses and condos is $635,909.00 and the average sale price was $602,077.00. this regions is classified as the New York City metro area and is in the 908 area code. The location in degrees is 40° 26' 53.772" N, 74° 39' 20.304" W. The county F.I.P.S. is 34035. This zip code contains two cities including Belle Mead, NJ (5.76%), and Harlingen, NJ (5.58%) The total land area is 12.8 square miles and the water area is 0.1 square miles. The elevation in this area is 95 - 210 feet. The zip code is on eastern standard time and observes daylight savings time.
The zip 08502 is in county number 035 and is L. Sector 00, L. Segment 01, H. Sector 60, and H. Segment 60. The population was 11,397 in 2019 and 11,317 in 2010. Of this, the break down in 2019 was 10,091 urban and 1,305 rural. This further breaks down to 5,830 males (51.2%) and 5,567 females (48.8%). The median age of residents is 41.8 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 892. This zip code has a combined total of 3,747 houses and condos. There are 777 rented appartments. 21% of residents rent versus the 21% 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 $160,124 and the average salary is $142,578. The median household income of individuals is $169,980.00 and the average is $198,670.00. This zip code has a mean commute time to work of 39.2 minutes. The unemployment rate is 4.9%. Income earners by percent breakdown as 7.10% (Under $50,000), 15.60% ($50,000-$100,000), and 77.30% earn over $100,000. 1.4% of residents live below poverty line versus the 9.2% in the state that are below this line. The cost of living index is 121.5. The educational breakdown is 100.4% have a high school education or higher, 74.5% have a bachelor's degree or higher, and 46.1% have some kind of profesional degree.
This area has 3,639 households and the average size is 3.1 people. Individuals who are single and have never been married are 24.9%, 66.8% are now married, 2.1% are separated, 3.9% are widowed, and 2.2% are divorced. The average yearly contribution amount given by people to charity was $3,976 versus the state average of $3,451. The percent of residents who gave to charity was 52.4%.
The estimated median value of houses and condos is $705,356. The median monthly owner costs of mortgage holders was $3,918, 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 10.0 versus apartments which had a median number of 4.4.
The real estate tax percent rate is 1.5% 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 1.5% 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 1.5% which amounted to an average tax amount of $10,476. Reported taxable interest for persons was $2,176, dividends $8,798, capital gains +$9,938, and itemized deductions $43,857. The average earned income tax credit is $1,550. The percent of individuals that use a tax preparer is 53.6%. The total average income taxes paid by individuals was $27,468. Businesses reported an average profit of $36,180.
Genteel's Trattoria
1378 US Highway 206, Belle Mead, NJ 08502
Midori Sushi
1225 Us Highway 206, Belle Mead, NJ 08502
Playa Bowls
21 Bellemead Griggstown Rd, Belle Mead, NJ 08502
Aegis Restauro
586 Millstone River Rd, Belle Mead, NJ 08502
Cafemerica
21 Bellemead Griggstown Rd, Belle Mead, NJ 08502
Italia John
56 Adams Dr, Belle Mead, NJ 08502
Copper Kettle Belle Mead
2127 Us Highway 206, Belle Mead, NJ 08502
Cibo Ristorante & Cafe
1378 US Highway 206, Belle Mead, NJ 08502
Matsuba
450 Amwell Rd Ste 6, Hillsborough, NJ 08844 (2.5 miles away)
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