Millstone Township, NJ — income, home value, property tax, and sales tax.
ZIP code 07723, centered on Millstone Township, ranks among New Jersey's wealthier areas. Median household income of $160,000 and per-capita income of $101,045 place it well above state norms, while a median home value of $1,579,400 signals an affluent, high-property-value market. That price point carries a county-level effective property tax rate of 1.65%, so owners here face substantial annual tax bills tied directly to their homes' worth. Sales tax in the combined rate of 6.62% applies to purchases, adding a further cost for households spending locally. Together these figures describe a prosperous enclave where high earnings coexist with steep property tax obligations.
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