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ZIP Code 07042, NJ

Comprehensive demographics, housing data, local amenities, and economic statistics for ZIP Code 07042.

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Community Insights

High Incomes
$140k/year
top 5% nationally
Highly Educated
32% bachelor's · 23% graduate
top 9% nationally
Leading Industries
Professional Services · Arts, Food & Hospitality · Healthcare
6% professional services
Home Value Growth⬆⬆⬆
+24.9% over 2 years
Young Adults
29% of residents
slightly above average
Renters
54% of occupied units

People & Demographics

Total Population25,990
Households
Under 18
23.0%
Age 18–34
29.0%
Age 35–64
33.0%
Age 65+
15.0%
Veterans
3.0%
Active Duty
0.0%

Housing & Living

Median Home Value$759,765
Median Gross Rent$2,058/mo
Owner Occupied
45.5%
Renter Occupied
54.5%
Detached Homes
Built Pre-1940

Economy & Income

Median Household Income$140,108
Poverty Rate

Key Industries

Healthcare18.0%
Professional Services6.0%
Manufacturing0.0%
Retail7.0%
Education2.0%

Amenities & Transit

Transit Score
Walkability / Amenities
Commute < 15m
Commute 60m+

Education

High School Grad
Bachelor's Degree
32.0%
Master's or Higher
23.0%
School Enrollment

Frequently Asked Questions

What is the population and demographic makeup of ZIP code 07042?

The total population of ZIP code 07042 is approximately 25,990. The largest age group is 35-64 year olds. This demographic data is sourced from the U.S. Census Bureau.

Do more people rent or own homes in ZIP code 07042?

The housing market in ZIP code 07042 is predominantly driven by renters, with 46% of housing units being owner-occupied and 54% being renter-occupied.

What is the education level of residents in ZIP code 07042?

In ZIP code 07042, approximately 32% of adult residents hold a bachelor's degree or higher. Additionally, 23% of the population holds a master's degree or higher. This indicates the local educational attainment compared to state and national averages.