October's First-Time Homebuyer Report for 08525 Zip Code

With 4,471 residents, 08525 is a smaller-than-average zip code in New Jersey. Also, with a 3.4% decrease over the last 10 years, its population is shrinking slightly slower than other parts of the state. Homes in the 08525 zip code are older than most with a median age of 57 years.

Culture

If you are interested in the top stores to shop in 08525, Foursquare says that Brick Farm Market & Bakery and Hopewell Pharmacy are the most popular places to buy a few things. If you're looking to explore the outdoors, some favorite spots are Stony Brook Golf Course and Sourlands Trail. For arts and entertainment, you'll find Off-Broadstreet Theatre.

Price Range

Some of the more expensive homes in New Jersey are in the 08525 zip code with a median home value of $424,300 and an average list price for available homes currently at $553,433. Sales numbers in the 08525 zip code market remain the same with one homes over the last 30 days and the market still shows an emerging trend downward overall.

Out of all the listings in the 08525 zip code, these have been viewed the most. So be sure to see what all the fuss is about with these fabulous homes.

$425K   $650K   $2.2M  

Typical Dwelling

The typical dwelling in the 08525 zip code is a four-bedroom detached home worth about $653,482. To purchase a similar home, a buyer with good credit and a $130,696 cash down payment could obtain a mortgage with a 3.95% interest rate and a $5,660 monthly payment. The property tax rate is $27.08 per $1,000 of taxable assessed value.

Get started right now by checking out 08525 homes for sale or reviewing 08525 real estate trends.


Data reported through 10/13/2016

Comments:


©2016 Homesnap 1-800-431-5509 Housing market data, school data and demographic information is provided by SmartZip Analytics, Inc. ©2016 SmartZip Analytics, Inc. and ©2016 Fast Forward, Inc. Information is deemed reliable but not guaranteed. Sitemap Terms of Use Privacy Policy SmartZip Terms of Service
Sign-in with Facebook Sign-in with Twitter
or
I'm a real estate agent
Already a User? Sign In Below:

Sign In

Forgot Password? Click Here...

Sign-in with Facebook Sign-in with Twitter
or

Sign In

Forgot Password? Click Here...

Please enter the email address you used to register with Homesnap and an email will be sent with instructions for resetting your password.