Median price for residential apartment in Bay Head, NJ as of Aug, 2022.
Take into account that the price depends on the location and condition of the . The size and amenities might have a large influence on the asking price as well.
26 Bay Head, NJ 08742, USA apartments for sale
Bay Head
According to statistics, the population in Bay Head, NJ amounts to 1,011, which shows decline -4% compared to the previous year. The median age of the city’s residents is 56. The average household income is $112,188, shifting growth 4% from the past year, and the average property value in Bay Head, NJ decline -1% to $1,094,300 throughout the year.
| Population | 1,011 |
| Median Age | 56.2 |
| Poverty Rate | 6% |
| Household Income | $112,188 |
| Number Of Employees | 426 |
| Median Property Value | $1,094,300 |
Household Income
The average household income in Bay Head, NJ grew from $107,656 to $112,188 in the past year. This data is an estimate based upon 446 households in Bay Head, NJ . The chart below presents how household income is distributed in Bay Head, NJ in comparison to the revenue allocation amid households nationally.
Property Value
According to data from last year, the average property value in Bay Head, NJ shifted from $1,110,500 to $1,094,300 throughout the year. The subsequent graph indicates the share of properties in the given price range in Bay Head, NJ in comparison to the median property value in the same price segment across the country. According to the data, the greatest share of Bay Head, NJ properties falls in the '$1,000,000 to $1,499,999' range, which is higher than the most significant median property across the country.
Rent vs. Own
Property Taxes
One of the most important aspects for property owners is the amount of property taxes. This graph shows distribution of property taxes in Bay Head, NJ compared to median property taxes around the country. The prevalent amount of property taxes in Bay Head, NJ equals $3000, which is less than the national average.
Housing Trends
How much does an apartment cost in Bay Head, NJ 08742, USA
Average sale in Bay Head: $2,490,250 (+64.2%)
| Apartment Size | Aug | vs Last Month |
|---|---|---|
| 3 bed for sale | $1,700,000 | +63.2% |
| 4+ bed for sale | $2,753,666 | +47.1% |
During Aug 2022, the average price for an apartment in/near Bay Head, NJ increased by 64.2% to $2,490,250.
A 3-bed apartment goes for $1,700,000, it increased by 63.2% lately. We discerned the rise of 4- and more bed apartment price. It increased by 47.1% and made it up to $2,753,666.
| Listing Type | Aug | vs Last Month |
|---|---|---|
| Houses for sale | $2,490,250 | +49.6% |
| Land for sale | $1,145,000 | N/A |
Price reports demonstrate that house price increased by 49.6% this month making it up to $2,490,250.