| ZIP Code | 07045 |
|---|---|
| City | Montville |
| State | New Jersey (NJ) |
| County | Morris County |
| Area Code | 862/973 |
| Elevation | 203 ft |
| Latitude | 40.906942 |
|---|---|
| Longitude | -74.365608 |
| Timezone | New York (DST) |
| FIPS | 34027 |
| ZIP Type | Standard |
| Status | Active |
Race & Ethnicity
Age Breakdown
Key Indicators
| Median Age | 48.6 yrs |
|---|---|
| Avg Household Size | 2.80 |
| Below Poverty | 2.9% ▼ 71% below avg |
| College Grads | 70.5% ▲ 82% above avg |
| Unemployment | 4.2% ▼ 15% below avg |
| No HS Diploma | 72 (1%) |
| HS Graduate | 1,491 (20.1%) |
| Some College | 229 (3.1%) |
| Associates | 396 (5.3%) |
| Bachelors | 204 (2.8%) |
| Graduate Degree | 5,025 (67.7%) |
Education
Housing Tenure
Home Value Distribution
Financials
| Median HH Income | $179,279 ▲ 135% above avg ↑ 6% since 2019 |
|---|---|
| Median Home Value | $647,200 ▲ 132% above avg ↑ 10% since 2019 |
| Home/Income Ratio | 3.6x (nat avg ~3.5x) |
| Median Rent | $3,501/mo ↑ 18% since 2019 |
| Total Units | 3,707 |
| Vacant Units | 94 |
| Avg HH Size | 2.80 |
Income Distribution
How People Get to Work
Commute Time
Year Built
Summary
| Total Units | 3,707 |
|---|---|
| Vacant | 94 |
| Owner Occupied | 97.8% |
| Renter Occupied | 2.2% |
| Avg HH Size | 2.80 |
ZIP code 07045 is located in Montville, New Jersey, within Morris County. With a population of 10,206, this is a lightly populated ZIP code with a mature community — the median age is 48.6 years. Economically, 07045 is a affluent ZIP code: the median household income of $179,279 is more than double the national average.
Real estate in ZIP code 07045 represents a premium housing market. The median home value of $647,200 is more than double the national average. Renters can expect to pay around $3,501 per month in median rent. Homeownership is strong here — 97.8% of occupied units are owner-occupied, suggesting an established, stable residential community. Median home values have increased by 10% since 2019.
The population of 07045 is majority White (64.45%). Residents are highly educated — 70.5% hold a bachelor's degree or higher, which is significantly above the national average. Poverty affects a relatively small share of residents at 2.9%. Household income has grown by 6% since 2019.
The unemployment rate in 07045 stands at 4.2%, which is below the national average. About 22% of workers are remote. As in most parts of the country, driving alone is the dominant commute mode at 64%.
Overall, ZIP code 07045 in Montville, NJ is characterized as affluent, highly educated, a mature community, and predominantly owner-occupied. With 10,206 residents, a median household income of $179,279, and a median home value of $647,200, it offers a clear picture of life in this part of New Jersey.