Living in Pt Pleasant, NJ
Point Pleasant, NJ, is a quaint coastal town known for its beautiful beaches and vibrant boardwalk. It offers a friendly community atmosphere with ample recreational activities and excellent schooling options. It’s the ideal place for both relaxation and adventure by the sea.
Current Market Conditions in Pt Pleasant, NJ
The real estate market in Point Pleasant, NJ has remained competitive with an influx of buyers seeking coastal properties. Due to its desirable location, properties tend to sell quickly, often at or above listing prices. The demand has led to a gradual increase in home values over the past few years, making it an attractive option for both first-time homebuyers and investors.
New developments and renovations have introduced a diverse array of homes, from charming cottages to modern waterfront properties. Seasonal vacation rentals also play a role in the local market, further stimulating demand and limited inventory.
Home Value Estimator For Pt Pleasant, NJ
There are currently 89 real estate properties
in Pt Pleasant, NJ,
with a median automated valuation model (AVM) price
of $702,643.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Pt 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 Pt Pleasant, NJ,
is $796,758.00, with the most expensive house
in Pt Pleasant, NJ, topping out
at $2,982,018.00 and the cheapest home
in Pt Pleasant, NJ,
clocking in at $457,661.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Pt Pleasant, NJ!
Rent Prices
In Pt Pleasant, NJ
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Pt Pleasant, NJ, is on
a rollercoaster ride. The
average rent price in Pt Pleasant, NJ,
is $2,172.00. Indeed, when looking to rent in
Pt Pleasant, NJ, you can expect to pay as little
as $1,380.00 or as much
as $5,060.00,
with the average rent median estimated to
be $2,080.00. The good news is that finding
an affordable and desirable property to rent in Pt 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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