ZIP Code 07703

Millstone Township, NJ — income, home value, property tax, and sales tax.

Median household income
N/A
Per-capita income
N/A
Median home value
$606,100
Property tax rate
1.65%
Combined sales tax
6.63%

Property taxes in ZIP code 07703, which takes in Millstone Township, run at 1.65% of assessed value at the county level, while the combined sales tax sits at 6.62%. That property rate points to a community carrying a fairly substantial owner-occupied tax load, the kind found in parts of New Jersey where single-family homes dominate and municipal services are funded largely through the grand list. Shoppers here pay the state's standard combined rate on most purchases. Households weighing a move into this area should expect property taxes to be the dominant recurring cost, outpacing what many parts of the country demand.