Commercial Foreclosures in Perth Amboy, NJ

Current Market Conditions in Perth Amboy, NJ

The Perth Amboy real estate market is currently seeing a steady demand with a mix of single-family homes, townhouses, and multifamily properties available. Prices have been gradually increasing, reflecting growing interest in the area due to its affordable housing compared to neighboring locations. Investors are also taking note of the city's potential, driven by its proximity to transit options and ongoing urban development projects.

Current trends show a favorable shift towards more family-oriented housing options, with many young professionals and families finding Perth Amboy an attractive place to settle down. The housing market remains competitive as buyers are drawn by the combination of culture, amenities, and waterfront living.

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.