08108 Zip Code First-Time Homebuyer Report for October

The 08108 zip code is a zip code in New Jersey with a median income of $61,088 per household. Besides being less affluent than average, its population is younger than others with a median age of 41 years. The 08108 zip code market primarily consists of detached houses, accounting for 71% of the current homes in the area. Topping the list of best schools in the zip code is Cold Springs School.

Price Range

The 08108 zip code has some of the more affordable homes in the state with a median home value of $212,000 and a current average list price of $231,062. The 08108 zip code market saw sales remain flat this week with 27 homes sold over the last 30 days, while new listings rose to 26.

Wonder which homes are generating the most buzz? Here are the most viewed listings in the 08108 zip code:

$175K   $139K   $529K  

Typical Dwelling

The typical dwelling in the 08108 zip code is a three-bedroom detached home worth about $241,628. To purchase a similar home, a buyer with good credit and a $48,326 cash down payment could obtain a mortgage with a 3.95% interest rate and a $1,436 monthly payment. The property tax rate is $29.76 per $1,000 of taxable assessed value.

Get started right now by checking out 08108 homes for sale or reviewing 08108 real estate trends.

Data reported through 10/13/2016


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South Jersey Realty
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