ZIP Code 07016

ZIP Code 07016: frequently asked questions

What is the median home value in ZIP Code 07016?

The median home value in ZIP Code 07016 is $660,100, higher than 93% of U.S. ZIP codes.

How much is property tax in ZIP Code 07016?

The median annual property tax in ZIP Code 07016 is $10,001, an effective rate of 2% of home value.

Is ZIP Code 07016 expensive to live in?

Homes in ZIP Code 07016 cost about 4.23× the median household income, higher than 78% of U.S. ZIP codes.

What is the average rent in ZIP Code 07016?

The median gross rent in ZIP Code 07016 is $2,199 a month, higher than 96% of U.S. ZIP codes.

How much have home prices grown in ZIP Code 07016?

Home prices in ZIP Code 07016 have moved 54% over the past five years (6.8% in the past year), per the FHFA House Price Index.

What is the weather like in ZIP Code 07016?

ZIP Code 07016 averages 54.7°F year-round, summer highs near 83.7°F, winter lows around 27.4°F (NOAA 1991–2020 normals). It sees about 26.3 inches of snow a year.

Is ZIP Code 07016 at risk of flooding or natural disasters?

ZIP Code 07016's FEMA National Risk Index score is 58.2 (lower than 59% of U.S. ZIP codes). Its greatest modeled natural hazard is earthquake. Modeled coastal-flood loss is negligible.