Median price for residential apartment in Bogota, 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.
15 Bogota, NJ, USA apartments for sale
Bogota
According to statistics, the population in Bogota, NJ amounts to 8,437, which shows growth 1% compared to the previous year. The median age of the city’s residents is 38. The average household income is $79,356, shifting growth 2% from the past year, and the average property value in Bogota, NJ decline 1% to $316,100 throughout the year.
| Population | 8,437 |
| Median Age | 37.6 |
| Poverty Rate | 9% |
| Household Income | $79,356 |
| Number Of Employees | 4,278 |
| Median Property Value | $316,100 |
Household Income
The average household income in Bogota, NJ grew from $78,059 to $79,356 in the past year. This data is an estimate based upon 2,891 households in Bogota, NJ . The chart below presents how household income is distributed in Bogota, NJ in comparison to the revenue allocation amid households nationally.
Property Value
According to data from last year, the average property value in Bogota, NJ shifted from $313,400 to $316,100 throughout the year. The subsequent graph indicates the share of properties in the given price range in Bogota, NJ in comparison to the median property value in the same price segment across the country. According to the data, the greatest share of Bogota, NJ properties falls in the '$300,000 to $399,999' 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 Bogota, NJ compared to median property taxes around the country. The prevalent amount of property taxes in Bogota, NJ equals $3000, which is less than the national average.
Housing Trends
How much does an apartment cost in Bogota, NJ, USA
Average sale in Bogota: $511,808 (+0.3%)
| Apartment Size | Aug | vs Last Month |
|---|---|---|
| 2 bed for sale | $425,000 | N/A |
| 3 bed for sale | $522,933 | +7.2% |
| 4+ bed for sale | $506,246 | -36.7% |
During Aug 2022, the average price for an apartment in/near Bogota, NJ increased by 0.3% to $511,808.
Asking price for 2-bed apartment remains the same, a place of this size will still cost you $425,000. A 3-bed apartment goes for $522,933, it increased by 7.2% lately. We discerned the rise of 4- and more bed apartment pricing. It decreased by 36.7% and made it down to $506,246.
| Listing Type | Aug | vs Last Month |
|---|---|---|
| Townhouses for sale | $625,000 | +4.3% |
| Houses for sale | $533,182 | +11.7% |
| Land for sale | $249,000 | N/A |
Price reports demonstrate that house price increased by 11.7% this month making it up to $533,182. The property value of townhouses increased by 4.3%, you’ll have to spend around $625,000 to get one.