Point Pleasant, NJ Foreclosures
How much do homes sell for in Point Pleasant, NJ?
The average home price is currently $758,026.
In Point Pleasant, NJ, how many homes are available?
There are currently 22 active home listings available in Point Pleasant.
What’s the average rental cost in Point Pleasant, NJ?
The average rental price in Point Pleasant is $2,068.
What is the most expensive home in Point Pleasant?
The most expensive home sold in Point Pleasant had a price of $1,401,284.
What is currently the cheapest priced home in Point Pleasant, NJ?
The cheapest home for sale in Point Pleasant is priced at $366,100.
Living in Point Pleasant, NJ
Point Pleasant, NJ is a picturesque seaside community known for its beautiful beaches, thriving local businesses, and family-friendly atmosphere. It offers a diverse range of recreational activities and strong educational resources which contribute to its welcoming environment. With its charming boardwalk and outdoor parks, Point Pleasant is a great place for beach lovers and outdoor enthusiasts.
Current Market Conditions in Point Pleasant, NJ
Point Pleasant's real estate market has shown consistent growth over the past year, with property values steadily increasing due to the town's desirability as a beach destination. The market is characterized by a mix of single-family homes, beach cottages, and condos, attracting both families and investors looking for vacation properties. The demand for homes in this area often outpaces supply, leading to competitive pricing.
The rental market is also vibrant, driven by seasonal tourists and annual leases, which adds an element of investment opportunity for those looking to diversify their portfolios. Furthermore, recent developments and upgrades to local amenities have enhanced the overall attractiveness of Point Pleasant, sustaining its popularity as a sought-after locale.
Home Value Estimator For Point Pleasant, NJ
There are currently 18 real estate properties
in Point Pleasant, NJ,
with a median automated valuation model (AVM) price
of $654,877.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Point Pleasant, 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 Point Pleasant, NJ,
is $758,026.00, with the most expensive house
in Point Pleasant, NJ, topping out
at $1,401,284.00 and the cheapest home
in Point Pleasant, NJ,
clocking in at $366,100.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Point Pleasant, NJ!
Rent Prices
In Point Pleasant, NJ
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Point Pleasant, NJ, is on
a rollercoaster ride. The
average rent price in Point Pleasant, NJ,
is $2,068.00. Indeed, when looking to rent in
Point Pleasant, NJ, you can expect to pay as little
as $1,240.00 or as much
as $2,620.00,
with the average rent median estimated to
be $2,160.00. The good news is that finding
an affordable and desirable property to rent in Point Pleasant, 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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