October's First-Time Homebuyer Report for 08046 Zip Code

The 08046 zip code is a zip code in New Jersey with a median income of $72,310 per household. Besides being somewhat affluent, its population is younger than others with a median age of 41 years. Detached homes account for 92% of the area's current housing market.

Price Range

The 08046 zip code has some of the more affordable homes in the state with a median home value of $105,000 and a current average list price of $127,909. In this week's report, the number of homes sold in the 08046 zip code market slid to 38 over the past 30 days, a decrease of 20.8% from last week's report, but still above the monthly average.

Wonder which homes are generating the most buzz? Here are the most viewed listings in the 08046 zip code:

$194K   $105K   $174K  

Typical Dwelling

A four-bedroom detached home valued around $135,126 is considered a typical dwelling in the 08046 zip code. If a buyer was looking for a similar home, they would need good credit and a $27,025 cash down payment to get a mortgage with a 3.95% interest rate. The monthly payments would be $712 and the property tax rate is $24.67 per $1,000 of taxable assessed value.

Get started right now by checking out 08046 homes for sale or reviewing 08046 real estate trends.

Data reported through 10/13/2016


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