Interested in purchasing investment houses in the 08848 zip code in Milford, NJ?
The zip code 08848 is in both Hunterdon and Warren counties with a latitude of -75.095740000000 and longitude of 40.594560000000, is in the state of New Jersey. The average asking price of houses and condos is $392,295.00 and the average sale price was $292,413.00. this regions is classified as the New York City metro area and is in the 908 area code. The location in degrees is 40° 35' 40.416" N, 75° 5' 44.664" W. The county F.I.P.S. is 34019. The total land area is 33.3 square miles and the water area is 0.7 square miles. The elevation in this area is 312 - 686 feet. The zip code is on eastern standard time and observes daylight savings time.
The zip 08848 is in county number 019 and is L. Sector 00, L. Segment 01, H. Sector 20, and H. Segment 20. The population was 8,555 in 2019 and 8,435 in 2010. This further breaks down to 4,453 males (52.1%) and 4,101 females (47.9%). The median age of residents is 48.3 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 257. This zip code has a combined total of 3,560 houses and condos. There are 272 rented appartments. 8% of residents rent versus the 8% 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 $97,984 and the average salary is $75,614. The median household income of individuals is $87,302.00 and the average is $96,650.00. This zip code has a mean commute time to work of 39.9 minutes. The unemployment rate is 3.0%. Income earners by percent breakdown as 22.00% (Under $50,000), 36.60% ($50,000-$100,000), and 41.40% earn over $100,000. 3.4% of residents live below poverty line versus the 9.2% in the state that are below this line. The cost of living index is 113.9. The educational breakdown is 96.4% have a high school education or higher, 42.8% have a bachelor's degree or higher, and 15.0% have some kind of profesional degree.
This area has 3,156 households and the average size is 2.7 people. Individuals who are single and have never been married are 23.9%, 61.6% are now married, 0.3% are separated, 5.0% are widowed, and 9.1% are divorced. The average yearly contribution amount given by people to charity was $2,570 versus the state average of $3,451. The percent of residents who gave to charity was 46.8%.
The estimated median value of houses and condos is $359,368. The median monthly owner costs of mortgage holders was $2,370, where as the costs for those who don't have a mortgage are $925. The median number of rooms in houses and condos are 7.1 versus apartments which had a median number of 5.6.
The real estate tax percent rate is 2.3% which equated to an average real estate tax amount payment of $8,092. 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 $8,366. 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 $7,479. Reported taxable interest for persons was $1,639, dividends $6,680, capital gains +$9,787, and itemized deductions $28,762. The average earned income tax credit is $1,683. The percent of individuals that use a tax preparer is 61.7%. The total average income taxes paid by individuals was $14,764. Businesses reported an average profit of $19,354.
Sandy's Grill
56 Bridge St, Milford, NJ 08848
Ma-De-Chat Shop
8 Railroad Ave, Milford, NJ 08848
Chocolate In The Oven
53 Bridge St, Milford, NJ 08848
The Canal House
2 Bridge St, Milford, NJ 08848
El Charro Del Rio
56 Bridge St, Milford, NJ 08848
Asian Yummy
637 Milford Warren Glen Rd, Milford, NJ 08848
The Little York
569 Spring Mills Rd, Milford, NJ 08848
Panda House
32 Bridge St, Milford, NJ 08848
Ship Inn
61 Bridge St, Milford, NJ 08848
Lovin'oven
17 Bridge St, Milford, NJ 08848
Dutch Mill Market
561 Milford Warren Glen Rd, Milford, NJ 08848
Bridge Street Bagels & Deli
71 Bridge St, Milford, NJ 08848
European Country Kitchen
99 North St, Bloomsbury, NJ 08804 (3.5 miles away)
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