Boonton, NJ — income, home value, property tax, and sales tax.
In ZIP code 07457, near Boonton, homes carry a median value of $395,900 while the county-level effective property tax rate sits at 1.72%. Households here earn a median of $102,950, with per-capita income at $58,340, so property taxes on a median-valued home would run roughly $6,800 annually. That sum absorbs a meaningful share of yearly earnings, though the area's income levels help offset the cost. Sales tax adds 6.62% to purchases. Buyers weighing a move here should factor the tax bill into their monthly carrying costs alongside the mortgage itself.
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