Condo Foreclosures in Perth Amboy, NJ

Current Market Conditions in Perth Amboy, NJ

The real estate market in Perth Amboy is currently experiencing a period of growth, with increased demand for homes driven by its appealing location and affordability compared to other neighboring cities. First-time homebuyers and investors are showing notable interest, which is leading to a steady rise in home prices as inventory levels remain competitive.

Recent trends indicate that properties in Perth Amboy are selling relatively quickly, often with multiple offers. This active market is fueled by the city's proximity to transportation hubs and urban amenities, making it an ideal location for commuters and those seeking a balanced lifestyle.

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.