ZIP Code 07109

In ZIP code 07109, near Newark, homes carry a median value of $420,800, and the county-level property tax rate of 1.91% translates into roughly $8,000 in annual taxes on such a home. With median household income at $90,438, that bill amounts to about 9% of yearly earnings before other costs. Per-capita income sits at $44,387. A combined sales tax of 6.62% adds to everyday expenses. Buyers weighing a purchase here should factor the tax load alongside mortgage costs, since the gap between home prices and earnings shapes what is truly within reach.