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Fixer Upper Homes in Asbury Park, NJ

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Living in Asbury Park, NJ

Asbury Park is a vibrant coastal city known for its rich cultural history and lively beachfront. Residents enjoy a mix of artistic and recreational opportunities, including unique shops, lively restaurants, and an active boardwalk. The city is famous for its music scene, hosting numerous events and concerts throughout the year.

Current Market Conditions in Asbury Park, NJ

The real estate market in Asbury Park has been experiencing significant growth, driven by demand for coastal living and urban amenities. The unique combination of vibrant community life and beachfront access has attracted both home buyers and investors, causing an upward trend in property values.

The market has shifted favorably for sellers, with homes receiving multiple offers and average sale prices increasing. Homes in the area, especially those close to the beach, have seen price growth of approximately 15% over the past year, reflecting the area's desirability.

Home Value Estimator For Asbury Park, NJ

There are currently 5,058 real estate properties in Asbury Park, NJ, with a median automated valuation model (AVM) price of $699,900.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Asbury Park, NJ, based on current market trends, comparable real estate sales nearby, historical data and, of course, property features, among other variables. These automated home estimates are often very helpful, providing buyers and sellers with a better idea of a home’s value ahead of the negotiation process. For example, the average home price in Asbury Park, NJ, is $795,473.00, with the most expensive house in Asbury Park, NJ, topping out at $12,682,598.00 and the cheapest home in Asbury Park, NJ, clocking in at $28,880.00. In other words, there’s something for every potential homebuyer or savvy investor in Asbury Park, NJ!

Rent Prices In Asbury Park, NJ

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Asbury Park, NJ, is on a rollercoaster ride. The average rent price in Asbury Park, NJ, is $1,944.00. Indeed, when looking to rent in Asbury Park, NJ, you can expect to pay as little as $920.00 or as much as $5,840.00, with the average rent median estimated to be $1,870.00. The good news is that finding an affordable and desirable property to rent in Asbury Park, NJ -- whether it’s apartments, townhomes, condominiums or single-family homes -- is made easier with knowledge of the local market and, of course, a little patience.

Asbury Park, NJ Fixer Upper Homes

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