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 23 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 town located along the Jersey Shore. Known for its inviting beaches and thriving community, the area boasts a diverse selection of local businesses, excellent schools, and abundant recreational opportunities. Residents enjoy a tight-knit atmosphere while still having access to the bustling boardwalk activities and natural beauty that the coastline offers.
Current Market Conditions in Point Pleasant, NJ
The real estate market in Point Pleasant is currently experiencing a steady demand, with home prices appreciating moderately over the past few years. Buyers are motivated by the town's desirable location near the beach, quality schools, and family-friendly amenities. As summer approaches, a seasonal surge in interest from vacation home buyers is expected, which may further drive prices in this area.
Point Pleasant offers a mix of single-family homes, condos, and multi-family properties, catering to diverse income levels and family sizes. As the local economy remains strong, the appeal of investing in Point Pleasant properties has become increasingly evident to real estate investors.
With the pandemic's impact on remote work, many people are looking to escape urban areas, leading to greater interest in suburban locations like Point Pleasant. This could mean continued growth in the real estate market as more people seek a balance between work and lifestyle.
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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