Interested in purchasing investment houses in the 08873 zip code in Somerset, NJ?
The zip code 08873 is in Somerset county with a latitude of -74.532860000000 and longitude of 40.498350000000, is in the state of New Jersey. The average asking price of houses and condos is $330,898.00 and the average sale price was $294,468.00. 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° 29' 54.06" N, 74° 31' 58.296" W. The county F.I.P.S. is 34035. This zip code contains thirteen cities including Six Mile Run, NJ (22.89%), Franklin Center, NJ (20.40%), Somerset, NJ (19.71%), East Millstone, NJ (7.02%), Middlebush, NJ (6.09%), Pleasant Plains, NJ (4.60%), Weston, NJ (4.43%), Blackwells Mills, NJ (3.96%), Franklin Park, NJ (3.48%), East Franklin, NJ (3.33%), Voorhees, NJ (2.20%), Clyde, NJ (1.17%), and Zarephath, NJ (0.72%) The total land area is 32.3 square miles and the water area is 0.4 square miles. The elevation in this area is 33 - 102 feet. The zip code is on eastern standard time and observes daylight savings time.
The zip 08873 is in county number 035 and is L. Sector 10, L. Segment 01, H. Sector 01, and H. Segment 01. The population was 54,738 in 2019 and 49,921 in 2010. Of this, the break down in 2019 was 52,760 urban and 1,977 rural. This further breaks down to 26,628 males (48.6%) and 28,110 females (51.4%). 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 1,696. This zip code has a combined total of 22,614 houses and condos. There are 6,158 rented appartments. 30% of residents rent versus the 30% 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 $74,959 and the average salary is $66,287. The median household income of individuals is $85,583.00 and the average is $83,970.00. This zip code has a mean commute time to work of 33.5 minutes. The unemployment rate is 4.8%. Income earners by percent breakdown as 23.50% (Under $50,000), 35.80% ($50,000-$100,000), and 40.70% earn over $100,000. 6.8% of residents live below poverty line versus the 9.2% in the state that are below this line. The cost of living index is 120.9. The educational breakdown is 95.6% have a high school education or higher, 50.9% have a bachelor's degree or higher, and 21.9% have some kind of profesional degree.
This area has 18,495 households and the average size is 2.6 people. Individuals who are single and have never been married are 32.1%, 53.0% are now married, 2.0% are separated, 5.8% are widowed, and 7.1% are divorced. The average yearly contribution amount given by people to charity was $3,264 versus the state average of $3,451. The percent of residents who gave to charity was 41.2%.
The estimated median value of houses and condos is $376,065. The median monthly owner costs of mortgage holders was $2,338, where as the costs for those who don't have a mortgage are $1,062. The median number of rooms in houses and condos are 6.6 versus apartments which had a median number of 4.0.
The real estate tax percent rate is 2.0% which equated to an average real estate tax amount payment of $7,590. 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 2.1% which amounted to an average tax amount of $7,443. 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 $8,011. Reported taxable interest for persons was $1,637, dividends $4,914, capital gains +$6,990, and itemized deductions $25,618. The average earned income tax credit is $2,099. The percent of individuals that use a tax preparer is 59.6%. The total average income taxes paid by individuals was $11,762. Businesses reported an average profit of $14,299.
American Bay Seafood
920 Hamilton St, Somerset, NJ 08873
Three Brothers Seafood
900 Easton Ave, Somerset, NJ 08873
Luca's Ristorante
2019 State Route 27, Somerset, NJ 08873
Diamond Thai Corp
900 Easton Ave, Somerset, NJ 08873
Chao Phaya Thai Cuisine
900 Easton Ave, Somerset, NJ 08873
N Thai Palace
2 John F Kennedy Blvd, Somerset, NJ 08873
Sophie's Bistro
700 Hamilton St, Somerset, NJ 08873
Hamilton Barbecue and Restaurant
841 Hamilton St, Somerset, NJ 08873
Mashawi Hamilton Barbecue Ilc
841 Hamilton St, Somerset, NJ 08873
Stage House Tavern
1719 Amwell Rd, Somerset, NJ 08873
The Imperia
1714 Easton Ave, Somerset, NJ 08873
Freddy's at Pierce
149 Pierce St, Somerset, NJ 08873
The Palace at Somerset Park
333 Davidson Ave, Somerset, NJ 08873
Dq
920 Hamilton St, Somerset, NJ 08873
Phish And Wingsz
752 Hamilton St, Somerset, NJ 08873
Alexander's Restaurant
195 Davidson Ave, Somerset, NJ 08873
Vaid Pancakes Inc
900 Easton Ave, Somerset, NJ 08873
Punta Cana Grill
752 Hamilton St, Somerset, NJ 08873
Brisas Paisas Restaurant
631 Hamilton St, Somerset, NJ 08873
Masala Bay
1135 Easton Ave, Somerset, NJ 08873
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