ZIP Code 07848

In ZIP code 07848, near Franklin, households earn a median of $128,317, with per-capita income at $59,495. Homes here carry a median value of $436,800, and the county-level effective property tax rate sits at 2.32%. Combined with a 6.62% sales tax rate, that means both property purchases and everyday spending carry meaningful tax costs. The income level is high enough to support these figures, but the property tax rate stands out as a significant ongoing expense for anyone owning a home in this area.