Interested in purchasing investment houses in the 07078 zip code in Short Hills, NJ?
The zip code 07078 is in Essex county with a latitude of -74.333780000000 and longitude of 40.742070000000, is in the state of New Jersey. The average asking price of houses and condos is $1,966,214.00 and the average sale price was $1,354,275.00. this regions is classified as the New York City metro area and consists of the following area codes: 862 and 973. The location in degrees is 40° 44' 31.452" N, 74° 20' 1.608" W. The county F.I.P.S. is 34013. The total land area is 6.5 square miles and the water area is 0.5 square miles. The elevation in this area is 233 - 345 feet. The zip code is on eastern standard time and observes daylight savings time.
The zip 07078 is in county number 013 and is L. Sector 00, L. Segment 01, H. Sector 50, and H. Segment 50. The population was 13,517 in 2019 and 13,250 in 2010. This further breaks down to 6,891 males (51.0%) and 6,626 females (49.0%). The median age of residents is 41.5 years. The population of the greater New York-Northern New Jersey-Long Island, NY-NJ-PA area is 19,113,505. The population density (people per square mile) is 2,088. This zip code has a combined total of 4,313 houses and condos. There are 412 rented appartments. 10% of residents rent versus the 10% of residents in the state who rent.
The financial status of those living in this area is considered upper class. The average individual gross adjusted income is $641,594 and the average salary is $389,357. The median household income of individuals is $218,398.00 and the average is $596,980.00. This zip code has a mean commute time to work of 48.1 minutes. The unemployment rate is 5.0%. Income earners by percent breakdown as 7.00% (Under $50,000), 13.60% ($50,000-$100,000), and 79.40% earn over $100,000. 3.8% of residents live below poverty line versus the 9.2% in the state that are below this line. The cost of living index is 121.8. The educational breakdown is 100.4% have a high school education or higher, 90.5% have a bachelor's degree or higher, and 55.5% have some kind of profesional degree.
This area has 4,177 households and the average size is 3.2 people. Individuals who are single and have never been married are 18.2%, 74.0% are now married, 1.1% are separated, 4.0% are widowed, and 2.8% are divorced. The average yearly contribution amount given by people to charity was $17,478 versus the state average of $3,451. The percent of residents who gave to charity was 63.4%.
The estimated median value of houses and condos is $1,539,089. The median monthly owner costs of mortgage holders was $4,036, where as the costs for those who don't have a mortgage are $1,516. The median number of rooms in houses and condos are 10.0 versus apartments which had a median number of 5.0.
The real estate tax percent rate is 0.7% which equated to an average real estate tax amount payment of $10,434. In comparision, the average real estate tax percent rate in the state is 2.4% which equated to an average real estate tax amount payment in the state of $8,432. The median housing property tax percent for residents with mortgages was 0.7% which amounted to an average tax amount of $10,433. Conversely, the median housing property tax percent for residents who don't have mortgages was 0.7% which amounted to an average tax amount of $10,476. Reported taxable interest for persons was $34,247, dividends $34,247, capital gains +$138,342, and itemized deductions $162,820. The average earned income tax credit is $1,460. The percent of individuals that use a tax preparer is 77.7%. The total average income taxes paid by individuals was $100,464. Businesses reported an average profit of $72,810.
Ruth's Chris Steak House
1200 Morris Tpke, Short Hills, NJ 07078
Legal Sea Foods
1200 Morris Turnpike The Mall At Short Hills, Short Hills, NJ 07078
Primo Mercato
1200 Morris Tpke, Short Hills, NJ 07078
Papa Razzi
1200 Morris Tpke, Short Hills, NJ 07078
Enzzo's Trattoria-Restaurant
514 Millburn Ave, Short Hills, NJ 07078
Benihana
840 Morris Tpke, Short Hills, NJ 07078
YO! Sushi
1200 Morris Tpke, Short Hills, NJ 07078
Joe's American Bar & Grill
1200 Morris Tpke Ste D147, Short Hills, NJ 07078
The Cheesecake Factory
1200 Morris Tpke Ste D103, Short Hills, NJ 07078
Par 440 Restaurant & Lounge
440 Parsonage Hill Rd, Short Hills, NJ 07078
Dining Room
41 John F Kennedy Pkwy, Short Hills, NJ 07078
The Juice Shop
1200 Morris Tpke, Short Hills, NJ 07078
Khun Thai Restaurant
504 Millburn Ave, Short Hills, NJ 07078
Curry Tub
40 Chatham Rd, Short Hills, NJ 07078
Forty Carrots
116 John F Kennedy Pkwy # 124, Short Hills, NJ 07078
The Retreat Bar & Rooftop
41 John F Kennedy Pkwy, Short Hills, NJ 07078
B Cafxc3xa9
1200 Morris Tpke, Short Hills, NJ 07078
Forty Carrots
1200 Morris Tpke, Short Hills, NJ 07078
Chefs Fine Food
52 Silver Spring Rd, Short Hills, NJ 07078
Golden Skillet
2 Farley Rd, Short Hills, NJ 07078
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