ZIP Code 07009

In ZIP code 07009, near Newark, homes carry a median value of $633,900, and the county-level property tax rate of 1.91% translates into roughly $12,100 in annual taxes on such a home. Households here earn a median of $151,625, while per-capita income sits at $68,009, so property taxes alone would claim about 8% of a typical household's pretax earnings. Combined with a 6.62% sales tax, that leaves buyers weighing how much house their income can genuinely support.