08608 Zip Code First-Time Homebuyer Report for October

With 2,118 residents, 08608 is a small zip code in New Jersey. Also, with a 10.9% decrease over the last 10 years, its population is shrinking slightly slower than other parts of the state. The 08608 zip code is made up of homes that are considered older than most with a median of 49 years. Topping the list of best schools in the zip code is Alpine Elementary School.

Price Range

The 08608 zip code has some of the more affordable homes in the state with a median home value of $122,600 and a current average list price of $160,615. The 08608 zip code reported another in a series of 30-day periods with zero home sales. The 08608 zip code usually averages 0.2 sales per month.

Typical Dwelling

A two-bedroom condo valued around $136,990 is considered a typical dwelling in the 08608 zip code. If a buyer was looking for a similar home, they would need good credit and a $27,398 cash down payment to get a mortgage with a 3.95% interest rate. The monthly payments would be $239 and the property tax rate is $27.08 per $1,000 of taxable assessed value.

Get started right now by checking out 08608 homes for sale or reviewing 08608 real estate trends.


Data reported through 10/13/2016

Comments:

Ask a local expert about this area:
Weichert Realtors
4 reviews
Keller Williams Mid Town Direct
Snapped 1 home in this area

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