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Re: These 15 N.J. real estate markets are bargains right now
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Home away from home
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i would have thought that camden, paterson and newark/irvington would be screaming bargains

Posted on: 3/20 9:35
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These 15 N.J. real estate markets are bargains right now
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These 15 N.J. real estate markets are bargains right now

Posted March 20, 2018 at 07:31 AM | Updated March 20, 2018 at 07:34 AM

By Erin Petenko | NJ Advance Media for NJ.com

Not a lot about New Jersey's housing market screams bargain.

In fact, the definition of a "bargain" in New Jersey might be pretty different from many other states.

The hottest markets in the Garden State right now -- such as Rumson, Chatham Township or Weehawken -- land far outside the budgets of most residents.

The median home value in the state is about $312,000, according to data from Zillow, the real estate website. But to get a home in an up-and-coming area, it's typically going to cost a lot more.

http://www.nj.com/data/2018/03/the_15 ... arkets_of_new_jersey.html


5. Jersey City, Hudson County

Home value: $432,800

Jersey City has seen explosive growth; the city's home values have increased 24 percent in the past year alone. It's often seen as a bargain compared with the price of living in New York City, and makes for a good investment opportunity.


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…and JC was number one on this list in February.

These 15 N.J. real estate markets are sizzling hot right now
Posted February 22, 2018 at 07:46 AM | Updated February 22, 2018 at 08:32 AM
By Erin Petenko | NJ Advance Media for NJ.com

http://www.nj.com/data/2018/02/these_ ... 2box_nj-homepage-featured

1. Jersey City, Hudson County

Jersey City reigns atop the list after several quarters at number two. The city's median home value grew by nearly a quarter in the past year.


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Posted on: 3/20 8:25

Edited by neverleft on 2018/3/20 8:42:59
Edited by neverleft on 2018/3/20 8:44:00
Edited by neverleft on 2018/3/20 8:44:38
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