Property prices for rent in Englishtown (New Jersey)
The rent prices in real estate in Englishtown, in the New Jersey region have risen considerably in the last couple of months. There has been a strong rise in the rent prices this city.
The price per sq.feet in Englishtown has risen strongly during the last 6 months. In October, the average price per sq.feet was $1.13. In the following month the price per sq.feet rose considerably to $1.82. The price for the following two months in (December, January) had a considerable rise of 116 %. The price per sq.feet has risen 112 % in the last two months compared to the average price for the previous four months. This was obtained by comparing the first four months of the period going from a price per sq.feet of $1.59 to $1.78 during February, and March.
When referring to the price in Englishtown (cities), this has fallen considerably in the last 6 months. The average price for October is $2,575. During November the price had a considerable fall till $2,077. During the following two months (December, January) the average price fell 93 % with regard to the previous two months. During the last two months, the average price has fallen with regard to the previous ones. To be precise it has fallen 92 %, going from $2,239.5 to $2,059.5 in February and March.
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 $2,022 they are 7 % more affordable than the average price for Englishtown . The properties with the highest average price have 4 bedrooms, Their price is 121 % more expensive than the average. After that we have properties with 3 bedrooms priced at $2,825.
With regard to the average prices per sq.feet those properties with 4 bedrooms are 5890 % more expensive than the average price of ($118 / sq.feet) in Englishtown. Properties with the most expensive price when referring to the number of bedrooms / sq.feet are those with 4 bedrooms. They are 5890 % more expensive than the average value aforementioned.
The graph displaying the average rent prices displays the property type "Townhouse" as the most expensive one. At an cost of $2,022 it is 59 % more expensive than the average price in Englishtown. "Detached House" is seen as the second most expensive property type. The most expensive property type is "House" followed by "Condo". At a price of $3,269 it is 62 % more expensive than the average price.
According to the average cost per sq.feet, the least affordable property would be "House" at an average price of $49 / sq.feet followed by "Townhouse" priced at $123 / sq.feet. "Condo" is the most expensive type of property with a $138 / sq.feet value followed by "Detached House" with an average price of $133 / sq.feet.
