The population of the 08033 zip code is affluent compared to others in New Jersey with a median income of $88,060 per household. It's also considered an expensive zip code in terms of affordability with a cost of living adjustment score of 146.3. With a median age of 62 years, homes in the 08033 zip code tend to be older than most. Leading the list of top schools in the zip code are Early Childhood Center and West New York Middle School.
Comments:

$430K  
The 08033 zip code market recorded 21 home sales over the last 30 days. Also, a record low 41 new listings came into the market, the fewest since February. In comparison, the 08003 zip code had 87 new listings in the same time frame, the most of all nearby zip codes. The median sales price rose to $465,000, up from last week's $440,000.
Comments:

$430K  
In this week's report, the number of homes sold in the 08033 zip code market slid to 23 over the past 30 days. It marked a decrease of 11.5% from last week's report and a fall below the monthly average. In comparison, the nearby 08003 zip code had 45 sales in the same time frame, the most of all neighboring zip codes. Potential buyers should note that prices are coming down in the 08033 zip code, and for this period the median sales price slid from $438,750 to $437,500.
Comments:

$4.5M  
Over the last 30 days, the sale of 21 homes took place in the 08033 zip code market. This shows a 19.2% dip from the prior period but the area remains on a determined upward trend. All indications show that the trend may be coming to an end, meaning less sales over the next few weeks. The median sales price rose to $380,000, up from last week's $339,950.
Comments:

$4.5M  
Over the last 30 days, the 08033 zip code market showed healthy signs with 26 homes sold. It marks a 13.0% increase from last week's report, while also topping the average sales volume for the prior 12 months. In comparison, the nearby 08109 zip code had 35 sales in the same time frame, the most of all neighboring zip codes. The median sales price dropped to $339,950, down from last week's $360,000.
Comments:

08033 is a larger than average zip code in New Jersey with 16,318 residents. Also, it has seen a 0.0% increase in population over the last 10 years. The 08033 zip code market is almost exclusively made up of detached homes, currently accounting for 95% overall. The top schools in the zip code are Early Childhood Center and West New York Middle School.
Comments:

$139K  
Over the last 30 days, the 08033 zip code market was active with 23 homes sold. It marks a 35.3% increase from last week's report, while also closing in on the average sales volume for the prior 12 months. At the same time, the 08043 zip code reported 37 home sales, the highest number from all the surrounding zip codes. Months of inventory fell to six this period, its lowest point since January.
Comments:

$4.5M  
Despite holding steady in sales this week, the 08033 zip code market extended a three-week hot streak with a total of 16 homes sold over the last 30 days. The median sales price climbed to $344,950 over the latest reporting period for the 08033 zip code, up from $299,500. With no movement in sales and the availability of eight months of inventory, the 08033 zip code is a solid buyer's market.
Comments:

$1.2M  
Over the last 30 days, the 08033 zip code market picked up with 16 homes sold. To put it in perspective, the close-by 08043 zip code registered 30 homes sold in the same period, the most of all surrounding zip codes. Prices are falling in the 08033 zip code, and this period the median price of all sales fell from $330,000 to $299,500. The 08033 zip code is still a definite buyer's market, due to the availability of eight months of remaining inventory, even after the uptick in sales.
Comments:

$399K  
The 08033 zip code market will be more selective in the short term. Sales have fallen this week to 13 homes sold over the last 30 days, and there is also a pronounced upward trend of new listings, with 56 going live in the same time frame. All indications show that the trend may be coming to an end, meaning less new listings over the next few weeks. The median sales price dropped to $330,000 over the latest reporting period for the 08033 zip code, down from $360,000. The 08033 zip code is a definite buyer's market, due to a big nine months of inventory left and aided by the dip in sales.
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