ZIP Code 07740

In ZIP code 07740, near Millstone Township, households earn a median of $79,870, or $43,175 per person. Homes here carry a median value of $578,800, and the county-level property tax rate of 1.65% translates into a substantial annual bill on that assessment. Add a combined sales tax of 6.62% on purchases, and the cost picture reflects a higher-priced housing market paired with ongoing taxes at the register. Income levels support daily expenses, though the gap between earnings and home values shapes how far each dollar stretches across mortgage, property tax, and everyday spending.