According to statistics, the population in Absecon, NJ amounts to 8,370, which shows decline -1% compared to the previous year. The median age of the city’s residents is 47. The average household income is $63,887, shifting decline 1% from the past year, and the average property value in Absecon, NJ decline -1% to $196,100 throughout the year.
|Number Of Employees||3,876|
|Median Property Value||$196,100|
The average household income in Absecon, NJ grew from $63,320 to $63,887 in the past year. This data is an estimate based upon 3,209 households in Absecon, NJ . The chart below presents how household income is distributed in Absecon, NJ in comparison to the revenue allocation amid households nationally.
According to data from last year, the average property value in Absecon, NJ shifted from $197,900 to $196,100 throughout the year. The subsequent graph indicates the share of properties in the given price range in Absecon, NJ in comparison to the median property value in the same price segment across the country. According to the data, the greatest share of Absecon, NJ properties falls in the '$200,000 to $249,999' range, which is lower than the most significant median property across the country.
One of the most important aspects for property owners is the amount of property taxes. This graph shows distribution of property taxes in Absecon, NJ compared to median property taxes around the country. The prevalent amount of property taxes in Absecon, NJ equals $3000, which is less than the national average.
|Apartment Size||Jul||vs Last Month|
|1 bed for sale||$129,900||-18.8%|
|2 bed for sale||$137,200||-14.2%|
|3 bed for sale||$313,100||+4.5%|
|4+ bed for sale||$441,747||+4.9%|
During Jul 2022, the average price for an apartment in/near Absecon, NJ increased by 0.8% to $301,724.
After collecting all data points, we now see that the average price for 1-bed apartment decreased by 18.8% to $129,900. Asking price for 2-bed apartment also decreased by 14.2% and a place of this size will now cost you $137,200. A 3-bed apartment goes for $313,100, it increased by 4.5% lately. We discerned the rise of 4- and more bed apartment price. It increased by 4.9% and made it up to $441,747.
|Listing Type||Jul||vs Last Month|
|Condos for sale||$117,516||-40.7%|
|Land for sale||$152,000||N/A|
|Houses for sale||$377,881||+5%|
|Duplexes for sale||$309,700||N/A|
|Townhouses for sale||$160,950||N/A|
Price reports demonstrate that house price increased by 5% this month making it up to $377,881. Condos faced an upward trend these days. The median price for a condo decreased by 40.7%, it’s now available for $117,516. An average value of duplex is $309,700, thus a median price for a duplex remains the same this month. Value of the townhouses didn’t change, the price still starts at $160,950.