ZIP Code 07981

In ZIP code 07981, near Boonton, homes carry a median value of $614,100, and the county-level effective property tax rate of 1.72% translates into a substantial annual bill. Households earning a median of $149,893 can absorb that cost, though per-capita income sits lower at $75,777, showing a spread in earnings across the area. Sales tax adds 6.62% to purchases. Whether the property tax feels heavy depends largely on how long a household has owned and how its income compares with the median, since the levy is tied to assessed value rather than earnings.