ZIP Code 07065

In ZIP code 07065, near Elizabeth, homes carry a median value of $386,400, and the county-level effective property tax rate of 1.89% translates into roughly $7,300 in annual property taxes. Households here earn a median of $91,461, so that tax bill absorbs a noticeable share of yearly income, even with per-capita income at $43,170. A combined sales tax rate of 6.62% adds further cost to everyday purchases. Buyers weighing a move into this area should factor the property tax load into their monthly budget alongside the mortgage, since the rate is set at the county level.