Living in Fortescue, NJ
Fortescue is a scenic and peaceful coastal town in New Jersey, offering a quaint atmosphere with beautiful waterfront views. Known for its charming beach and fishing opportunities, residents enjoy a relaxed lifestyle in a close-knit community. Amenities such as local shops, parks, and access to outdoor activities enhance the living experience in this serene location.
Current Market Conditions in Fortescue, NJ
Currently, Fortescue's real estate market shows signs of stability, with moderately priced homes attracting both full-time residents and seasonal visitors. The demand for properties along the waterfront has contributed to steady appreciation in property values, particularly in the middle and upper price ranges. The community's unique charm, balmy climate, and outdoor lifestyle are appealing to prospective buyers looking for vacation homes or retirement options.
In the past year, Fortescue's market has experienced a slight increase in the average sale prices of homes, influenced by the overall trend in coastal New Jersey. More buyers are expressing interest in investing in properties that offer both leisure and investment potential, particularly homes with direct beach access or views.
Home Value Estimator For Fortescue, NJ
There are currently 138 real estate properties
in Fortescue, NJ,
with a median automated valuation model (AVM) price
of $146,500.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Fortescue, 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 Fortescue, NJ,
is $168,436.00, with the most expensive house
in Fortescue, NJ, topping out
at $755,164.00 and the cheapest home
in Fortescue, NJ,
clocking in at $20,927.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Fortescue, NJ!
Rent Prices
In Fortescue, NJ
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Fortescue, NJ, is on
a rollercoaster ride. The
average rent price in Fortescue, NJ,
is $1,168.00. Indeed, when looking to rent in
Fortescue, NJ, you can expect to pay as little
as $980.00 or as much
as $2,410.00,
with the average rent median estimated to
be $1,120.00. The good news is that finding
an affordable and desirable property to rent in Fortescue, 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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