08825 Zip Code's October First-Time Homebuyer Report

The 08825 zip code is a zip code in New Jersey with a median income of $81,503 per household. Besides being affluent, its population is much younger than others with a median age of 45 years. The 08825 zip code market mostly consists of detached houses, accounting for 55% of the current homes in the area. The top schools in the zip code are Thomas B Conley Elementary School and Union Twp Middle School.

Price Range

Homes in the 08825 zip code are worth a median of $246,500, similar to other parts of New Jersey. Additionally, the list prices of available homes is currently at an average of $679,675. The 08825 zip code market slowed with a 50.0% sales drop in this week's report. However, overall sales numbers for the last 30 days remained above the monthly average (0.6) with one home sold.

Curious as to which homes have been getting the most attention in the 08825 zip code? These listings have stirred up interest and produced the most views:

$149K   $949K   $749K  

Typical Dwelling

A four-bedroom detached home valued around $523,712 is considered a typical dwelling in the 08825 zip code. If a buyer was looking for a similar home, they would need good credit and a $104,742 cash down payment to get a mortgage with a 3.95% interest rate. The monthly payments would be $1,579 and the property tax rate is $20.09 per $1,000 of taxable assessed value.

Get started right now by checking out 08825 homes for sale or reviewing 08825 real estate trends.


Data reported through 10/13/2016

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