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Preforeclosure Homes in Perth Amboy, NJ 08861

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Living in Perth Amboy, NJ

Perth Amboy, NJ, is a thriving city known for its historical significance and waterfront views. The community offers a mix of urban conveniences and outdoor recreation, making it an ideal place for residents of all ages. With diverse amenities and strong connectivity to neighboring areas, it is an attractive location for real estate investment.

Current Market Conditions in Perth Amboy, NJ

The real estate market in Perth Amboy is experiencing a steady growth trend, driven by its affordable housing options and proximity to major urban centers. As demand for properties increases, home values are expected to rise, presenting a favorable environment for investors.

New developments and renovations in the area have sparked interest among homebuyers, and the city’s ongoing investment in infrastructure and community amenities further enhances its appeal. Investors can take advantage of this upward trend to secure valuable properties.

Home Value Estimator For Perth Amboy, NJ

There are currently 9,085 real estate properties in Perth Amboy, NJ, with a median automated valuation model (AVM) price of $436,817.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Perth Amboy, 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 Perth Amboy, NJ, is $452,074.00, with the most expensive house in Perth Amboy, NJ, topping out at $37,595,136.00 and the cheapest home in Perth Amboy, NJ, clocking in at $19,220.00. In other words, there’s something for every potential homebuyer or savvy investor in Perth Amboy, NJ!

Rent Prices In Perth Amboy, NJ

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Perth Amboy, NJ, is on a rollercoaster ride. The average rent price in Perth Amboy, NJ, is $1,768.00. Indeed, when looking to rent in Perth Amboy, NJ, you can expect to pay as little as $1,020.00 or as much as $3,060.00, with the average rent median estimated to be $1,670.00. The good news is that finding an affordable and desirable property to rent in Perth Amboy, 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.

Perth Amboy, NJ 08861 Preforeclosure Homes


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