Interested in purchasing investment houses in the 08542 zip code in Princeton, NJ?
The zip code 08542 is in Mercer county with a latitude of -74.660310000000 and longitude of 40.352900000000, is in the state of New Jersey. The average asking price of houses and condos is $612,565.00 and the average sale price was $416,429.00. this regions is classified as the Philadelphia metro area and is in the 609 area code. The location in degrees is 40° 21' 10.44" N, 74° 39' 37.116" W. The county F.I.P.S. is 34021. The total land area is 0.5 square miles and the water area is 0.0 square miles. The zip code is on eastern standard time and observes daylight savings time.
The zip 08542 is in county number 021 and is L. Sector 00, L. Segment 01, H. Sector 18, and H. Segment 18. The population was 5,903 in 2019 and 5,189 in 2010. This further breaks down to 3,413 males (57.8%) and 2,489 females (42.2%). The median age of residents is 27.8 years. The population of the greater Trenton-Ewing, NJ area is 371,697. The population density (people per square mile) is 11,558. This zip code has a combined total of 1,987 houses and condos. There are 1,243 rented appartments. 71% of residents rent versus the 71% 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 $149,339 and the average salary is $83,236. The median household income of individuals is $84,131.00 and the average is $163,020.00. This zip code has a mean commute time to work of 20.3 minutes. The unemployment rate is 2.3%. Income earners by percent breakdown as 29.00% (Under $50,000), 29.90% ($50,000-$100,000), and 41.10% earn over $100,000. 5.9% of residents live below poverty line versus the 9.2% in the state that are below this line. The cost of living index is 118.5. The educational breakdown is 96.5% have a high school education or higher, 66.6% have a bachelor's degree or higher, and 41.3% have some kind of profesional degree.
This area has 1,481 households and the average size is 2.3 people. Individuals who are single and have never been married are 57.0%, 31.7% are now married, 1.7% are separated, 1.6% are widowed, and 7.9% are divorced. The average yearly contribution amount given by people to charity was $6,285 versus the state average of $3,451. The percent of residents who gave to charity was 30.6%.
The estimated median value of houses and condos is $535,292. The median monthly owner costs of mortgage holders was $2,925, where as the costs for those who don't have a mortgage are $1,495. The median number of rooms in houses and condos are 6.2 versus apartments which had a median number of 3.8.
The real estate tax percent rate is 1.9% 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 2.0% 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 1.9% which amounted to an average tax amount of $10,476. Reported taxable interest for persons was $7,653, dividends $32,947, capital gains +$50,698, and itemized deductions $47,620. The average earned income tax credit is $1,875. The percent of individuals that use a tax preparer is 53.3%. The total average income taxes paid by individuals was $32,809. Businesses reported an average profit of $19,594.
La Mezzaluna
25 Witherspoon St, Princeton, NJ 08542
Ajiten Princeton Japaneses Restaurant
11 Chambers St, Princeton, NJ 08542
Blue Point Grill
258 Nassau St, Princeton, NJ 08542
Agricola Eatery
11 Witherspoon St, Princeton, NJ 08542
Princeton Soup & Sandwich Co
30 Palmer Sq E, Princeton, NJ 08542
Olsson's Fine Foods
53 Palmer Sq W, Princeton, NJ 08542
Empanada Station
183 Nassau St, Princeton, NJ 08542
Nassau Inn
10 Palmer Sq E, Princeton, NJ 08542
Noodle House Inc
80 Nassau St, Princeton, NJ 08542
Mediterra Restaurant
29 Hulfish St, Princeton, NJ 08542
Teresa Caffe
23 Palmer Sq E, Princeton, NJ 08542
Small World Coffee
14 Witherspoon St, Princeton, NJ 08542
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