ZIP Code 07731

ZIP code 07731, centered on Millstone Township, sits firmly in affluent territory. A median household income of $134,056 and per-capita income of $50,266 place it well above statewide norms, while a median home value of $494,600 reflects a market of substantial single-family properties. That price level carries real tax weight: the county's 1.65% effective property tax rate translates into a hefty annual bill on a home at that value. Add a combined sales tax rate of 6.62%, and the overall tax picture here is one of high earnings paired with correspondingly high obligations.