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ZipNumbers

Monmouth County · New Jersey

ZIP code 07701

Population, income, housing costs and the sales tax rate charged on purchases inside ZIP 07701 — Census 2019-2023 ACS 5-year, no modelled estimates.
Population
24,544

ZCTA residents

Median income
$113,630

Household, past 12 months

Median home
$551,500

Owner-occupied value

Sales tax
6.625%

New Jersey state rate

Quick answer

ZIP 07701 sits in Monmouth County, New Jersey and is home to 24,544 people. Median household income is $113,630, the median home is worth $551,500 and median gross rent is $1,971. 65.3% of households own their home, and purchases are taxed at 6.625% (New Jersey state rate).

County
Monmouth County

FIPS 34025

State
New Jersey (NJ)

598 ZIPs covered

Area codes
Not published

No NANPA match for this ZIP

Metro area
Outside covered metros

Rate jurisdiction used for tax

The numbers for 07701

American Community Survey 2019-2023 ACS 5-year estimates for this ZCTA.

Population
24,544ZIP 07701 residents
Median household income
$113,630Past 12 months, inflation adjusted
Median home value
$551,500Owner-occupied units
Median gross rent
$1,971Rent plus utilities, monthly
Median age
43.1 yrsAll residents
Homeownership rate
65.3%Owner-occupied households

Sales tax in 07701

What a purchase inside this ZIP costs at checkout.

Rate applied
6.625%State base rate only
Tax on $100
$7Rounded to the dollar
Tax on $1,000
$66Before any exemptions

New Jersey levies 6.625% statewide with no local add-ons. Check the county page for the local component before you quote a price.

Affordability in this ZIP

Derived from the Census medians above — indicative, not an offer.

Rent burden
21%Median rent ÷ median income
Price-to-income
4.9×Home value ÷ household income
Est. mortgage
$2,862/mo20% down, 30-yr at 6.75%
Poverty rate
6.4%Residents below poverty line

A rent burden above 30% is the federal threshold for cost-burdened households, and a price-to-income multiple above 4× is generally considered a stretched housing market. The mortgage figure is principal and interest only — taxes, insurance and HOA dues are extra.

How 07701 compares

ZIP 07701 against the median ZIP in Monmouth County and across New Jersey.

MeasureZIP 07701County medianState medianvs state
Median household income$113,630$130,595$109,182+4%
Median home value$551,500$638,250$423,950+30%
Median gross rent$1,971$1,847$1,718+15%
Population24,5446,90110,128+142%

Medians are computed across the 49 ZIP areas in Monmouth County and the 598 ZIP areas in New Jersey.

Statewide rank

Where this ZIP places among all 598 New Jersey ZIP areas.

Income

richer than 53% of 563 state ZIPs

#265
Home value

above 70% of 562 state ZIPs

#171
Population

larger than 78% of 598 state ZIPs

#132

Comparable ZIP codes

New Jersey ZIP areas with almost the same household income.

ZIPCountyIncomeHome valueRent
07444Morris County$113,661$488,200$3,297
07465Passaic County$113,673$381,900$2,008
07646Bergen County$113,513$554,800$1,722
07004Essex County$113,750$651,800$2,576
07803Morris County$113,861$377,800$1,873
07878Morris County$113,875$436,000

Nearby ZIP codes

Other ZIP codes filed under Monmouth County.

ZIP 07701 questions

Common questions about this ZIP code.

Where is ZIP code 07701?
ZIP 07701 lies mostly in Monmouth County, New Jersey. County assignment follows the largest share of land area, so a ZIP straddling a county line is filed under its dominant county.
What sales tax do I pay in 07701?
New Jersey charges 6.625% statewide.
Is 07701 expensive to live in?
Median rent runs $1,971 a month, about 21% of median household income, and the median home is worth $551,500+30% against the typical New Jersey ZIP.
Is a ZCTA the same as a postal ZIP code?
Not exactly. The Census builds ZIP Code Tabulation Areas from the ZIP codes of addresses inside each census block, so a ZCTA can differ slightly from the USPS delivery route of the same number, and PO-box-only ZIPs have no ZCTA at all.

Related pages for this area.

Sources & transparency

Every figure on this page is a published estimate for ZIP Code Tabulation Area 07701, except the affordability ratios and mortgage estimate, which we derive from those medians and label as estimates.

Last reviewed December 2024. Figures are published for reference and can change; verify with the source agency before filing or contracting. How we build and check this data.