October's First-Time Homebuyer Report for 08534 Zip Code

The 08534 zip code has a much younger population than other areas in New Jersey with a median age of 44 years. It is also very affluent with a median income of $110,920 per household. The 08534 zip code market is primarily made up of detached houses, which currently account for 86% of the homes for sale in the area. Leading the list of top schools in the zip code are Community Middle School and Wwindsor-Plainsboro North.

Culture

Recommended places to eat, according to Foursquare, in 08534 include Wildflowers Restaurant, Piccolo Trattoria, and Mizuki. If you're looking to get a cup of coffee, a favorite is Starbucks. Lastly, Super Stop & Shop, Pennington Quality Market, and Rosedale Mills are well-known places to shop.

Price Range

The median value of homes in the 08534 zip code is $380,000, making it one of the most valuable areas in New Jersey. At the same time, the average list price of available homes is presently $514,754. While home sales in the 08534 zip code market have been above average, in this week's report they fell 5.3% to 18 homes sold over the last 30 days.

Make sure you take a look at these eye-catching homes in the 08534 zip code that generated the most views from potential buyers:

$529K   $399K   $469K  

Typical Dwelling

A four-bedroom detached home valued around $612,811 is considered a typical dwelling in the 08534 zip code. If a buyer was looking for a similar home, they would need good credit and a $122,562 cash down payment to get a mortgage with a 3.95% interest rate. The monthly payments would be $2,783 and the property tax rate is $27.08 per $1,000 of taxable assessed value.

Get started right now by checking out 08534 homes for sale or reviewing 08534 real estate trends.


Data reported through 10/13/2016

Comments:

Ask a local expert about this area:
Keller Williams Princeton
Snapped 3 homes in this area
Berkshire Hathaway Fox & Roach Realtors
Snapped 1 home in this area

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