ZIP Code 07885

Boonton, NJ — income, home value, property tax, and sales tax.

Median household income
$100,716
Per-capita income
$50,109
Median home value
$582,500
Property tax rate
1.72%
Combined sales tax
6.63%

In Boonton's 07885 ZIP code, homes carry a median value of $380,900, and the county-level property tax rate of 1.72% translates into roughly $6,551 in annual taxes on such a home. With median household income at $100,716 and per-capita income at $50,109, that tax bill absorbs about 6.5% of household earnings. A combined sales tax rate of 6.62% applies to purchases in the area. Buyers weighing this market should factor the property tax into their monthly costs alongside the mortgage, since the rate applies to assessed value regardless of what a household earns.

See how Boonton, NJ taxes stack up

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