Boonton, NJ — income, home value, property tax, and sales tax.
In ZIP code 07869, near Boonton, homes carry a median value of $665,700, and the county-level effective property tax rate of 1.72% works out to roughly $11,450 a year in property taxes. Households here earn a median of $169,497, with per-capita income at $74,672, so that tax bill consumes a meaningful share of annual earnings. Combined with a 6.62% sales tax rate, carrying costs add up quickly. Even with strong incomes, buyers weighing a purchase in this ZIP should expect property taxes to shape what they can comfortably afford.
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