ZIP Code 07032

In ZIP code 07032, near Jersey City, households earn a median of $79,154, or $36,305 per person. A median home is valued at $459,400, and the county-level effective property tax rate of 1.77% means the annual tax bill on such a home would run roughly $8,100. Add the combined sales tax of 6.62% on purchases, and the overall cost picture reflects a fairly high-priced housing market paired with steady taxes. Income levels here sit well above many parts of the state, which helps offset the price of owning a home in this area.