With home sales in the 08540 zip code market already below average, in this week's report they fell 10.6% to 42 homes sold over the last 30 days. On the other hand, the close-by 08648 zip code registered 38 homes sold in the same period, the most of all surrounding zip codes. Prices fell lower as this week's reported median sales price of $505,000 continued a four-week downward trend. The 08540 zip code is a strong buyer's market, due to falling prices and a large seven months of inventory left.
Trying to find a home at a bargain price? Take a look at these affordable homes in the 08540 zip code:
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