Today epoxy novolac resins are of great interest for the aerospace industry. Thermal properties of the polymer matrix, as well as the effect of moisture on the characteristics of polymer composite materials (PCM) under thermomechanical impacts, are critical tasks in creating dimensionally stable structures operating in a wide temperature range. Particularly, thermal and moisture expansion as well as heat capacity are important parameters for evaluating of polymer matrices and modeling their properties. In this work, polymers based on a number of epoxy novolac resins with aromatic amine hardener were studied. The values of the crosslink density were experimentally determined, and a comparative analysis of thermal expansion and heat capacity for epoxy polymers with different crosslink density was carried out. The dependence of thermophysical properties on polymer crosslinking density is shown, both in glass and highly elastic states. Additionally, this study analyzes the process of water sorption by polymers and the coefficient of moisture expansion. The most significant dependence of the diffusion coefficient was observed with coefficient of moisture expansion.