ZIP Code 07853

In ZIP code 07853, near Boonton, homes carry a median value of $605,000, and the county-level effective property tax rate of 1.72% works out to roughly $10,400 a year in property taxes on such a home. Households here earn a median of $175,792, while per-capita income sits at $73,249, so that tax bill absorbs a meaningful share of annual earnings. Sales tax in the area totals 6.62%, adding to everyday costs. High home values paired with that rate keep ownership expensive, even where incomes run well above state and national norms.