ZIP Code 07045

In ZIP code 07045, near Boonton, homes carry a median value of $669,400, and the county-level effective property tax rate of 1.72% translates into a substantial annual bill. Households here earn a median of $185,078, with per-capita income at $82,818, giving residents considerable capacity to absorb that cost. The 6.62% combined sales tax adds to everyday expenses but does not weigh on property ownership itself. High earnings alongside high home values mean property taxes consume a meaningful but sustainable share of income.