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ZIP Code 07004

Essex, New Jersey

ZCTA 07004

Juniper

ZIP Code 07004 is in the highest 6% nationally for FEMA risk score. It also sits in the highest 2% nationally for median rent. And it sits in the highest 6% nationally for typical home value.

Typical Home Valuemedian home value (ACS), re-priced to today on the FHFA index

$858,849

Higher than 94% of U.S. ZIP codes
Home Price Growth, Past Five Years

46%

Lower than 67% of U.S. ZIP codes
FEMA Risk Score0–100; 0 = lowest modelled risk, 100 = highest, vs places of the same type

96.1

Higher than 94% of U.S. ZIP codes

The boundary of ZIP Code 07004, in Essex, New Jersey.

The basics

Total Population

7,824

Median Age

49.9

Population Density

772.68

Home values & property tax

Median Property Tax

$10,001

Property Tax Rateyearly tax as a share of home value

—

The Census publishes home values only up to $2 million and incomes up to $250,000, so this ratio cannot be worked out for the most expensive areas.

Cost of living & affordability

Home Price vs Incomeyears of income to buy a typical home

5.94×

Higher than 90% of U.S. ZIP codes
Median Income

$115,980

Higher than 89% of U.S. ZIP codes
Median Rent

$2,656

Higher than 98% of U.S. ZIP codes

Home prices & appreciation

Home Price Growth, Past Year

5.5%

Higher than 66% of U.S. ZIP codes
Pandemic Price Run-Up2019–20 low → 2022–23 peak

29%

2008 Crash: Peak-to-Trough Drophow far prices fell, 2007 → 2011

23%

Climate & weather

Summer Avg High (°F)

83.1

Winter Avg Low (°F)

24.9

Avg Temperature (°F)

53.1

Hot Days/yr (>90°F)

21.2

Freezing Days/yr (<32°F)

108.2

Annual Precipitation (in)

44.9

Annual Snowfall (in)

24

Flood & disaster risk

Coastal Flood Loss per $1,000

$0

The full report

Six pillars — each with percentile benchmarks, 16-year trends, and per-metric detail.

  • People

  • Work & Money

  • Housing

  • Amenities

  • Climate

  • Environment & Risk

ZIP Code 07004: frequently asked questions

What is the typical home value in ZIP Code 07004?
The estimated median home value in ZIP Code 07004 today is $858,849, higher than 94% of U.S. ZIP codes.
How much is property tax in ZIP Code 07004?
The median annual property tax in ZIP Code 07004 is $10,001.
Is ZIP Code 07004 expensive to live in?
Homes in ZIP Code 07004 cost about 5.94× the median household income, higher than 90% of U.S. ZIP codes.
What is the average rent in ZIP Code 07004?
The median gross rent in ZIP Code 07004 is $2,656 a month, higher than 98% of U.S. ZIP codes.
How much have home prices grown in ZIP Code 07004?
Home prices in ZIP Code 07004 have moved 46% over the past five years (5.5% in the past year), per the FHFA House Price Index.
How many people live in ZIP Code 07004?
ZIP Code 07004 has a population of 7,824, about 772.68 people per square mile, per the U.S. Census American Community Survey. The median age is 49.9.
What is the weather like in ZIP Code 07004?
ZIP Code 07004 averages 53.1°F year-round, summer highs near 83.1°F, winter lows around 24.9°F (NOAA 1991–2020 normals). It sees about 24 inches of snow a year.
Is ZIP Code 07004 at risk of flooding or natural disasters?
ZIP Code 07004's FEMA National Risk Index score is 96.1 (higher than 94% of U.S. ZIP codes). Its greatest modeled natural hazard is inland flooding. Modeled coastal-flood loss is negligible.

Sources: U.S. Census ACS, FEMA National Risk Index, FHFA House Price Index, OpenStreetMap contributors (ODbL), EPA. Explore the map →

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