There are currently 1,664 real estate properties in PORT MONMOUTH, NJ, with a median automated valuation model (AVM) price of $502,200.00. 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 MONMOUTH, 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 MONMOUTH, NJ, is $513,751.00, with the most expensive house in PORT MONMOUTH, NJ, topping out at $1,366,400.00 and the cheapest home in PORT MONMOUTH, NJ, clocking in at $214,000.00. In other words, there’s something for every potential homebuyer or savvy investor 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 $2,208.00. Indeed, when looking to rent in PORT MONMOUTH, NJ, you can expect to pay as little as $1,290.00 or as much as $3,950.00, 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.
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