Warren, NJ — income, home value, property tax, and sales tax.
In ZIP code 07069, near Warren, homes carry a median value of $883,300, and the county-level effective property tax rate of 1.81% translates into a substantial annual bill. Households here earn a median of $171,705, with per-capita income at $87,746, so property taxes claim a meaningful share of earnings even at these income levels. Combined with a 6.62% sales tax rate, the overall cost of living runs high. Whether that tradeoff makes sense depends on how much buyers value the location, since carrying costs on an $883,300 home are considerable.
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