According to statistics, the population in Camden, NJ amounts to 75,550, which shows decline -1% compared to the previous year. The median age of the city’s residents is 30. The average household income is $26,105, shifting decline 0% from the past year, and the average property value in Camden, NJ decline -1% to $82,300 throughout the year.
|Number Of Employees||26,362|
|Median Property Value||$82,300|
The average household income in Camden, NJ declined from $26,214 to $26,105 in the past year. This data is an estimate based upon 25,195 households in Camden, NJ . The chart below presents how household income is distributed in Camden, NJ in comparison to the revenue allocation amid households nationally.
According to data from last year, the average property value in Camden, NJ shifted from $82,800 to $82,300 throughout the year. The subsequent graph indicates the share of properties in the given price range in Camden, NJ in comparison to the median property value in the same price segment across the country. According to the data, the greatest share of Camden, NJ properties falls in the '$80,000 to $89,999' 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 Camden, NJ compared to median property taxes around the country. The prevalent amount of property taxes in Camden, NJ equals $2500, which is less than the national average.
|Apartment Size||Apr||vs Last Month|
|1 bed for sale||$126,566||N/A|
|2 bed for sale||$84,285||-20.8%|
|3 bed for sale||$117,424||-1.1%|
|4+ bed for sale||$228,152||-7.6%|
During Apr 2022, the average price for an apartment in/near Camden, NJ decreased by 13.7% to $126,328.
After collecting all data points, we now see that the average price for 1-bed apartment stands at $126,566 with no changes this month. Asking price for 2-bed apartment remains the same, a place of this size will still cost you $84,285. Reports state that an average 3-bed apartment price did not change, so you can still get yourself one for $117,424. According to statistics, we now see that the 4- and more bed apartments pricing stays the same, so you can still face an estimate price around $228,152 for a big-family home.
|Listing Type||Apr||vs Last Month|
|Townhouses for sale||$117,482||-0.2%|
|Houses for sale||$231,770||-8.2%|
|Condos for sale||$106,178||-6.7%|
|Apartments for sale||$650,000||N/A|
While assessing the property pricing Camden, NJ, you can note that it remains flat with a price tag of $650,000. According to statistics, average house is still $231,770 with no significant changes this month. Condo prices remain stable. Condo for sale is now available for the same pricing as previously — $106,178. Value of the townhouses didn’t change, the price still starts at $117,482.