ZIP Code 07721

In ZIP code 07721, near Edison, homes carry a median value of $424,700, and the county's 1.65% effective property tax rate translates into a substantial annual bill on that amount. Households here earn a median of $123,060, with per-capita income at $50,002, so property taxes claim a meaningful share of earnings even at these income levels. Adding a 6.62% combined sales tax raises the overall cost of living further. Buyers weighing a move to this area should factor the tax load into what they can comfortably carry alongside a mortgage.