ZIP Code 07002

ZIP Code 07002: frequently asked questions

What is the median home value in ZIP Code 07002?

The median home value in ZIP Code 07002 is $460,100, higher than 86% of U.S. ZIP codes.

How much is property tax in ZIP Code 07002?

The median annual property tax in ZIP Code 07002 is $10,001, an effective rate of 2% of home value.

Is ZIP Code 07002 expensive to live in?

Homes in ZIP Code 07002 cost about 5.48× the median household income, higher than 89% of U.S. ZIP codes.

What is the average rent in ZIP Code 07002?

The median gross rent in ZIP Code 07002 is $1,682 a month, higher than 87% of U.S. ZIP codes.

How much have home prices grown in ZIP Code 07002?

Home prices in ZIP Code 07002 have moved 58% over the past five years (12% in the past year), per the FHFA House Price Index.

What is the weather like in ZIP Code 07002?

ZIP Code 07002 averages 55.5°F year-round, summer highs near 84.5°F, winter lows around 28°F (NOAA 1991–2020 normals). It sees about 31.5 inches of snow a year.

Is ZIP Code 07002 at risk of flooding or natural disasters?

ZIP Code 07002's FEMA National Risk Index score is 35.7 (lower than 81% of U.S. ZIP codes). Its greatest modeled natural hazard is heat_wave. Expected annual loss from flooding is 0.02 per $1,000 of building value.