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ZIP Code 07042

Essex, New Jersey

ZCTA 07042

Juniper

ZIP Code 07042 is in the lowest 5% nationally for FEMA risk score. It also sits in the highest 3% nationally for typical home value. And it sits in the highest 7% nationally for home price against income.

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

$1,060,087

Higher than 97% of U.S. ZIP codes
Home Price Growth, Past Five Years

66%

Higher than 81% of U.S. ZIP codes
FEMA Risk Score0–100; 0 = lowest modelled risk, 100 = highest, vs places of the same type

18.7

Lower than 95% of U.S. ZIP codes

The boundary of ZIP Code 07042, in Essex, New Jersey.

The basics

Total Population

27,326

Median Age

39.1

Population Density

7,239.38

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

6.69×

Higher than 93% of U.S. ZIP codes
Median Income

$122,847

Higher than 91% of U.S. ZIP codes
Median Rent

$2,052

Higher than 92% of U.S. ZIP codes

Home prices & appreciation

Home Price Growth, Past Year

11%

Higher than 90% of U.S. ZIP codes
Pandemic Price Run-Up2019–20 low → 2022–23 peak

45%

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

16%

Climate & weather

Summer Avg High (°F)

83.4

Winter Avg Low (°F)

23.7

Avg Temperature (°F)

52.5

Hot Days/yr (>90°F)

19.9

Freezing Days/yr (<32°F)

117.9

Annual Precipitation (in)

52.4

Annual Snowfall (in)

28.2

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 07042: frequently asked questions

What is the typical home value in ZIP Code 07042?
The estimated median home value in ZIP Code 07042 today is $1,060,087, higher than 97% of U.S. ZIP codes.
How much is property tax in ZIP Code 07042?
The median annual property tax in ZIP Code 07042 is $10,001.
Is ZIP Code 07042 expensive to live in?
Homes in ZIP Code 07042 cost about 6.69× the median household income, higher than 93% of U.S. ZIP codes.
What is the average rent in ZIP Code 07042?
The median gross rent in ZIP Code 07042 is $2,052 a month, higher than 92% of U.S. ZIP codes.
How much have home prices grown in ZIP Code 07042?
Home prices in ZIP Code 07042 have moved 66% over the past five years (11% in the past year), per the FHFA House Price Index.
How many people live in ZIP Code 07042?
ZIP Code 07042 has a population of 27,326, about 7,239.38 people per square mile, per the U.S. Census American Community Survey. The median age is 39.1.
What is the weather like in ZIP Code 07042?
ZIP Code 07042 averages 52.5°F year-round, summer highs near 83.4°F, winter lows around 23.7°F (NOAA 1991–2020 normals). It sees about 28.2 inches of snow a year.
Is ZIP Code 07042 at risk of flooding or natural disasters?
ZIP Code 07042's FEMA National Risk Index score is 18.7 (lower than 95% 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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