Foreclosure Homes in Port Monmouth, NJ

Current Market Conditions in Port Monmouth, NJ

The real estate market in Port Monmouth is currently seeing an upward trend, with increasing home values and demand. The scenic waterfront properties are particularly desirable, attracting both buyers looking for vacation homes and year-round residents. This trend indicates a healthy growth potential in property investment within the area.

In recent months, there has been a noticeable rise in new listings as more homeowners choose to sell, capitalizing on the market's favorable conditions. The average home price has risen significantly, demonstrating a robust interest in Port Monmouth as a desirable location for living and leisure.

Rent Prices In Port Monmouth, NJ

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Port Monmouth, NJ, is on a rollercoaster ride. The average rent price in Port Monmouth, NJ, is $2,206.00. Indeed, when looking to rent in Port Monmouth, NJ, you can expect to pay as little as $1,290.00 or as much as $3,630.00, with the average rent median estimated to be $2,170.00. The good news is that finding an affordable and desirable property to rent in Port Monmouth, 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.