Port Elizabeth, NJ Foreclosures
How much do homes sell for in Port Elizabeth, NJ?
The average home price is currently $251,766.
In Port Elizabeth, NJ, how many homes are available?
There are currently 388 active home listings available in Port Elizabeth.
What’s the average rental cost in Port Elizabeth, NJ?
The average rental price in Port Elizabeth is $1,413.
What is the most expensive home in Port Elizabeth?
The most expensive home sold in Port Elizabeth had a price of $921,287.
What is currently the cheapest priced home in Port Elizabeth, NJ?
The cheapest home for sale in Port Elizabeth is priced at $54,826.
Living in Port Elizabeth, NJ
Port Elizabeth, NJ is a quaint coastal community located on the Delaware Bay known for its rich history and outdoor lifestyle. With lush parks, local eateries, and easy access to boating activities, it’s an ideal location for those seeking a relaxed pace of life. The friendly atmosphere and strong community ties make it a great place to call home.
Current Market Conditions in Port Elizabeth, NJ
The real estate market in Port Elizabeth has shown steady growth over the past year. Limited inventory has kept home prices firm, while demand remains steady from buyers looking for a peaceful retreat near the coast. The average home price has increased, though it still remains affordable compared to larger cities.
The market's stability is reflected in the continued interest from both first-time buyers and retirees. Families are drawn to the area for its schooling options and community amenities, contributing to a competitive market, especially for smaller, well-kept homes.
Home Value Estimator For Port Elizabeth, NJ
There are currently 38 real estate properties
in Port Elizabeth, NJ,
with a median automated valuation model (AVM) price
of $205,329.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Port Elizabeth, 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 Port Elizabeth, NJ,
is $251,766.00, with the most expensive house
in Port Elizabeth, NJ, topping out
at $921,287.00 and the cheapest home
in Port Elizabeth, NJ,
clocking in at $54,826.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Port Elizabeth, NJ!
Rent Prices
In Port Elizabeth, NJ
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Port Elizabeth, NJ, is on
a rollercoaster ride. The
average rent price in Port Elizabeth, NJ,
is $1,413.00. Indeed, when looking to rent in
Port Elizabeth, NJ, you can expect to pay as little
as $1,190.00 or as much
as $1,930.00,
with the average rent median estimated to
be $1,400.00. The good news is that finding
an affordable and desirable property to rent in Port Elizabeth, 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.
Learn more on Foreclosure homes
