$339K  
Over the last 30 days, the 08012 zip code market looked active with 44 homes sold, a 4.8% increase from last week's report. At the same time, the 08081 zip code reported 80 home sales, the highest number from all the surrounding zip codes. The median sales price remained unchanged over the latest reporting period for the 08012 zip code, coming in at $164,500. Despite the uptick in sales, there are still eight months of inventory left to work through, meaning the 08012 zip code is still a definite buyer's market.
Comments:

08012 is a larger than average zip code in New Jersey with 37,475 residents. Also, it has a higher than average density with 2,710.4 people per square mile. With an ownership ratio of 66.4%, most people in the 08012 zip code are homeowners. The best schools in the zip code are Woodcrest and Rosa International Middle School.
Comments:

$169K  
The 08012 zip code market seems to be softening, as the number of contracts executed fell to 58, the lowest levels since February. Meanwhile sales came in at 42 homes sold over the last 30 days. During the same time frame, 08081 had the most of any other neighboring zip codes with 78 contracts executed. Potential buyers should note that prices are coming down in the 08012 zip code, and for this period the median sales price slid from $169,500 to $164,500. The 08012 zip code is a definite buyer's market with eight months of inventory to choose from, aided by the downturn in contracts.
Comments:

$169K  
Over the last 30 days, the 08012 zip code market was active with 44 homes sold. It marks a 25.7% increase from last week's report, while also topping the average sales volume for the prior 12 months. In comparison, the nearby 08081 zip code had 80 sales in the same time frame, the most of all neighboring zip codes. Prices are rising in the 08012 zip code, and the median sales price this period increased from $161,000 to $172,500. The 08012 zip code is still a strong buyer's market, due to the availability of seven months of remaining inventory, even after the uptick in sales.
Comments:

$349K  
Over the last 30 days, 56 homes went under contract in the 08012 zip code market, the lowest amount since January. As the market appears to be weakening, there were 37 homes sold over the same period. In comparison, 08081 led all other nearby zip codes with 90 contracts executed. Prices are rising in the 08012 zip code, and the median sales price this period increased from $151,750 to $153,500. The 08012 zip code is a definite buyer's market with eight months of inventory to choose from, aided by the downturn in contracts.
Comments:

$300K  
In this week's report, the number of homes sold in the 08012 zip code market slid to 45 over the past 30 days, a decrease of 4.3% from last week's report, but still above the monthly average. Meanwhile, the 08081 zip code reported 89 home sales, the highest number from all the surrounding zip codes. Prices are rising in the 08012 zip code, and the median sales price this period increased from $150,000 to $153,500. Along with the slip in sales, a relatively high seven months of inventory indicates that the 08012 zip code is a strong buyer's market.
Comments:

$104K  
Sales in the 08012 zip code market fell to 47 homes sold over the last 30 days, while the number of sellers reducing their list prices reached 111, which continues a long upward trend in price reductions. While price reduction numbers rose, sale prices dropped. This week's reported median sales price of $150,000 continued a four-week downward trend. The 08012 zip code is a definite buyer's market, due to falling prices and a large seven months of inventory left.
Comments:

The population of the 08012 zip code is less affluent than average compared to others in New Jersey with a median income of $67,093 per household. It's also considered a less expensive zip code in terms of affordability with a cost of living adjustment score of 113.8. With a median age of 37 years, homes in the 08012 zip code tend to be relatively old. Leading the list of top schools in the zip code are Woodcrest and Rosa International Middle School.
Comments:

$359K  
The 08012 zip code market made strides in this week's report, as the number of home sales rose 10.6%, pushing the total to 52 homes sold over the last 30 days. Within the same time frame, the 08081 zip code had 67 sales, the most of all zip codes in the area. Potential buyers should note that prices went up in the 08012 zip code, with the median for this period rising from $138,000 to $148,500.
Comments:

$159K  
The 08012 zip code market made gains in this week's report, as the number of home sales rose 4.5%, pushing the total to 46 homes sold over the last 30 days. Within the same time frame, the 08081 zip code had 64 sales, the most of all zip codes in the area. A months of inventory number of six reported this week continued a four-week downward trend.
Comments:
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