Interested in purchasing investment houses in the 08823 zip code in Franklin Park, NJ?
The zip code 08823 is in Somerset county with a latitude of -74.565080000000 and longitude of 40.441530000000, is in the state of New Jersey. The average asking price of houses and condos is $300,077.00 and the average sale price was $248,304.00. this regions is classified as the New York City metro area and consists of the following area codes: 732 and 848. The location in degrees is 40° 26' 29.508" N, 74° 33' 54.288" W. The county F.I.P.S. is 34035. This zip code contains three cities including Pleasant Plains, NJ (48.95%), Franklin Park, NJ (41.91%), and Ten Mile Run, NJ (9.14%) The total land area is 3.5 square miles and the water area is 0.0 square miles. The elevation in this area is 89 - 95 feet. The zip code is on eastern standard time and observes daylight savings time.
The zip 08823 is in county number 035 and is L. Sector 00, L. Segment 01, H. Sector 40, and H. Segment 40. The population was 9,216 in 2019 and 9,016 in 2010. Of this, the break down in 2019 was 8,396 urban and 819 rural. This further breaks down to 4,192 males (45.5%) and 5,024 females (54.5%). The median age of residents is 39.0 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 2,635. This zip code has a combined total of 4,075 houses and condos. There are 1,161 rented appartments. 31% of residents rent versus the 31% 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 $86,753 and the average salary is $83,897. The median household income of individuals is $89,816.00 and the average is $89,790.00. This zip code has a mean commute time to work of 40.5 minutes. The unemployment rate is 5.7%. Income earners by percent breakdown as 19.10% (Under $50,000), 37.60% ($50,000-$100,000), and 43.30% earn over $100,000. 3.2% of residents live below poverty line versus the 9.2% in the state that are below this line. The cost of living index is 120.2. The educational breakdown is 98.2% have a high school education or higher, 62.8% have a bachelor's degree or higher, and 30.3% have some kind of profesional degree.
This area has 3,637 households and the average size is 2.5 people. Individuals who are single and have never been married are 26.7%, 56.3% are now married, 0.8% are separated, 5.6% are widowed, and 10.5% are divorced. The average yearly contribution amount given by people to charity was $2,599 versus the state average of $3,451. The percent of residents who gave to charity was 46.6%.
The estimated median value of houses and condos is $296,340. The median monthly owner costs of mortgage holders was $2,058, where as the costs for those who don't have a mortgage are $888. The median number of rooms in houses and condos are 5.3 versus apartments which had a median number of 4.5.
The real estate tax percent rate is 2.1% which equated to an average real estate tax amount payment of $6,322. 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 $6,341. Conversely, the median housing property tax percent for residents who don't have mortgages was 2.3% which amounted to an average tax amount of $6,305. Reported taxable interest for persons was $968, dividends $2,275, capital gains +$1,812, and itemized deductions $24,339. The average earned income tax credit is $1,653. The percent of individuals that use a tax preparer is 56.9%. The total average income taxes paid by individuals was $11,682. Businesses reported an average profit of $13,731.
Confectionately Yours
3391 Rt. 27, Franklin Park, NJ 08823
Pho 99 Vietnamese Restaurant
3151 State Route 27, Franklin Park, NJ 08823
Pasha Mediterranean Restaurant and Banquet
3079 State Route 27 Unit F, Franklin Park, NJ 08823
Sansone Bros Pizzeria
3191 State Route 27, Franklin Park, NJ 08823
Atithi Restaurant
3201 State Route 27, Franklin Park, NJ 08823
Persis Restaurant
3191 State Route 27, Franklin Park, NJ 08823
Stewart's Restaurant
2551 State Rte 27, Franklin Township, NJ 08823
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