October's First-Time Homebuyer Report for 08807 Zip Code

The 08807 zip code is a zip code in New Jersey with a median income of $102,578 per household. Besides being very affluent, its population is younger than others with a median age of 42 years. The 08807 zip code market is almost exclusively made up of detached homes, currently accounting for 100% overall. Leading the list of top schools in the zip code are Bayberry and Valley View.

Price Range

The 08807 zip code has some of the more expensive homes in the state with a median home value of $381,800 and a current average list price of $327,459. The 08807 zip code reported another 30-day period of zero home sales this week. The 08807 zip code usually averages 0.5 sales per month.

Make sure you take a look at these eye-catching homes in the 08807 zip code that generated the most views from potential buyers:

$580K  

Typical Dwelling

A three-bedroom townhouse valued around $398,500 is considered a typical dwelling in the 08807 zip code. If a buyer was looking for a similar home, they would need good credit and a $79,700 cash down payment to get a mortgage with a 3.95% interest rate. The monthly payments would be $329 and the property tax rate is $19.49 per $1,000 of taxable assessed value.

Get started right now by checking out 08807 homes for sale or reviewing 08807 real estate trends.


Data reported through 10/13/2016

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Keller Williams Metropolitan
Snapped 2 homes in this area
Coldwell Banker
Snapped 3 homes in this area
17 snaps
Snapped 1 home in this area

Agents that specialize in this area
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