October's First-Time Homebuyer Report for 08089 Zip Code

08089 is a zip code that is growing slower than others in New Jersey at a 10-year growth rate of 3.4%. It also has a small population of 3,666 people. With a median age of 34 years, homes in the 08089 zip code tend to be relatively old. Topping the list of best schools in the zip code is William P Tatem.

Price Range

Some of the least expensive homes in New Jersey are in the 08089 zip code with a median home value of $153,500, while the list prices of available homes is currently at an average of $171,094. Over the last 30 days, three homes were sold in the 08089 zip code market, holding even with last week's numbers. However, the market is still in an identifiable downward trend overall.

Make sure you take a look at these eye-catching homes in the 08089 zip code that generated the most views from potential buyers:

$210K   $139K   $158K  

Typical Dwelling

A three-bedroom detached home valued around $151,206 is considered a typical dwelling in the 08089 zip code. If a buyer was looking for a similar home, they would need good credit and a $30,241 cash down payment to get a mortgage with a 3.95% interest rate. The monthly payments would be $1,003 and the property tax rate is $29.76 per $1,000 of taxable assessed value.

Get started right now by checking out 08089 homes for sale or reviewing 08089 real estate trends.


Data reported through 10/13/2016

Comments:

Ask a local expert about this area:
BHHS Fox & Roach
Snapped 1 home in this area
Weichert, REALTORS
Snapped 1 home in this area

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