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Short Sale Listings in Port Elizabeth, NJ

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Port Elizabeth, NJ Foreclosures

How much do homes sell for in Port Elizabeth, NJ?
The average home price is currently $255,608.
In Port Elizabeth, NJ, how many homes are available?
There are currently 3 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 $906,949.
What is currently the cheapest priced home in Port Elizabeth, NJ?
The cheapest home for sale in Port Elizabeth is priced at $75,867.

Living in Port Elizabeth, NJ

Port Elizabeth is a charming small town located in the heart of southern New Jersey, known for its scenic waterfront views and rich history. The town boasts a close-knit community atmosphere, with access to various water-based recreational activities including fishing and boating. Residents enjoy a peaceful lifestyle while being in proximity to major urban centers, offering the best of both worlds.

Current Market Conditions in Port Elizabeth, NJ

The real estate market in Port Elizabeth has shown a gradual increase in home prices over the last year, driven by rising demand and limited inventory. This trend indicates that the area is becoming increasingly attractive for both new residents and investors looking for a quaint community to call home.

In recent months, the real estate market has experienced a slight uptick in activity, as buyers are eager to secure properties before prices increase further. The ongoing stability in the area’s housing stock suggests a resilient market with growth potential.

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 $206,800.00. 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 $255,608.00, with the most expensive house in Port Elizabeth, NJ, topping out at $906,949.00 and the cheapest home in Port Elizabeth, NJ, clocking in at $75,867.00. 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.

Port Elizabeth, NJ Short Sale Listings

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