The rent prices in real estate in Cliffside Park, in the New Jersey region have slightly fallen in the last couple of months. There has been a fall in the rent prices in this city.
The price per sq.feet in Cliffside Park has fallen during the last 6 months. In May, the average price per sq.feet was $2.98. In June this price barely changed remaining at $2.88 per sq.feet. The price for the following two months in (July, August) fell 94 % with regard to the previous two months. The price per sq.feet has hardly changed in the last two months compared to the average price of the previous four months going from an average price of $2.84 to $2.72 during September y October
When referring to the price in Cliffside Park (cities), this has risen considerably in the last 6 months. In our first sample month during May, the average price is $1,990. In June This price remains at $2,000. During the following two months (July, August) the average price had a considerable rise of 132 % with regard to the previous two months. Based on an analysis of the first four prices and the last two months the average price has had a strong increase of 116 % during the last two months.
The graph displaying the average rent price for bedrooms illustrates that those properties with 1 bedroom are the most affordable ones. At a price of $2,521 they are 21 % more affordable than the average price for Cliffside Park . The properties with the highest average price have 2 bedrooms, Their price is 19 % more expensive than the average. After that we have properties with 3 bedrooms priced at $2,927.
With regard to the average price per sq.feet, those properties with 2 bedrooms are the most affordable ones at a cost of $2.59 / sq.feet, with an average $2.72 / sq.feet price in Cliffside Park. The properties with the most expensive average prices have 3 bedrooms. They are 451 % more expensive than the average followed by properties with 1 bedroom with a price at $2.84 / sq.feet.
With regard to the average price based upon the property in Cliffside Park we can see that the least affordable property type is "Condo" at a price of $2,927, they are 16 % more expensive than the average price of (!PRECIO2!). "Condo" has the most expensive price. This price is 16 % more expensive than the average price aforementioned.
According to the average area price by sq.feet the most expensive property type is "Condo with an average cost of $15 / sq.feet. "Condo" at an average price of $15 / sq.feet has the highest price and would be directed at more affluent cities.