Asbury Park, NJ Foreclosures
How much do homes sell for in Asbury Park, NJ?
The average home price is currently $795,473.
In Asbury Park, NJ, how many homes are available?
There are currently 1,408 active home listings available in Asbury Park.
What’s the average rental cost in Asbury Park, NJ?
The average rental price in Asbury Park is $1,944.
What is the most expensive home in Asbury Park?
The most expensive home sold in Asbury Park had a price of $12,682,598.
What is currently the cheapest priced home in Asbury Park, NJ?
The cheapest home for sale in Asbury Park is priced at $28,880.
Living in Asbury Park, NJ
Asbury Park, located on the beautiful Jersey Shore, is known for its vibrant arts scene, historic boardwalk, and stunning beaches. The city offers a unique blend of vintage charm and modern amenities, making it a popular destination for both residents and tourists. Housing options range from historic Victorian homes to modern condominiums, catering to diverse preferences and lifestyles.
Current Market Conditions in Asbury Park, NJ
The Asbury Park real estate market has witnessed a significant resurgence, particularly following the pandemic, as more buyers seek out beach towns for their lifestyle appeal. The demand for homes, especially those near the shore, has driven prices upward. Buyers are finding a mix of unique homes, including historical properties and new developments.
In the last few months, the market has seen limited inventory, resulting in competitive bidding situations. Prices in some neighborhoods have increased by over 10% compared to last year, highlighting the desirability of Asbury Park as a place to live and invest.
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.
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