ZIP Code 07035

Households in ZIP code 07035, centered on Boonton, earn a median of $123,234, with per-capita income at $56,667 — placing the area comfortably above middle-income territory. Homes here carry a median value of $445,800, and the county-level property tax rate of 1.72% means owners pay a substantial share of that value each year in taxes. Sales tax runs 6.62% on purchases. Combined, these figures point to an affluent but heavily taxed corner of the state, where strong earnings and pricey real estate come paired with one of the steeper ongoing tax obligations homeowners face.