ZIP Code 07112

In ZIP code 07112, near Newark, households earn a median of $58,200, while per-capita income sits at $30,034. A median home value of $336,500 carries a county property tax rate of 1.91%, which works out to a meaningful annual bill on top of a 6.62% combined sales tax. Together, these figures show how income, housing costs, and taxes interact here: property taxes claim a noticeable share of earnings, and everyday purchases carry a sales tax that adds up over time.