ZIP Code 07305

In ZIP code 07305, part of Jersey City, homes carry a median value of $450,800 while households earn a median of $76,527. At the county's 1.77% effective property tax rate, that home value points to an annual tax bill near $7,979, or roughly 10% of median household income. Per-capita income sits at $39,233, so the gap between earnings and ownership costs is real for many. Sales tax of 6.62% adds to everyday expenses. Together, these figures show how stretched buyers can feel balancing a sizable mortgage with one of the steeper property tax rates in the region.