Property prices for rent in Monmouth Junction (New Jersey)

The rent prices in real estate in Monmouth Junction, in the New Jersey region have fallen considerably in the last couple of months. There has been a strong fall in the rent prices in this city.

$1,793.83
Average price last 6 months
$15.08
Price/sq.feet last 6 months
Average price per sq.feet

The price per sq.feet in Monmouth Junction has had a strong fall during the last 6 months. In August, the average price per sq.feet was $45.93. In the following month the price per sq.feet fell considerably to $1.66. The price for the following two months in (October, November) had a considerable fall of 7 with regard to the previous two months. The price per sq.feet has had a considerable rise of 155 % 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 $12.73 to $19.78 during December, and January.

Average price

When referring to the price in Monmouth Junction (cities), this has fallen considerably in the last 6 months. The average price for August is $2,101. During September the price had a slight fall till $1,886. During the following two months (October, November) the average price fell 88 % 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 88 %, going from $1,871.75 to $1,638 in December and January.

Average price per bedrooms

The graph displaying the average rent price for bedrooms illustrates that those properties with 1 bedroom are the most expensive ones. At a price of $1,515 they are 2 % more expensive than the average price for Monmouth Junction. Following this ranking we find those properties with 3 at an average price of $1,559. The properties with the highest average price have 2 bedrooms, Their price is 9 % more expensive than the average. After that we have properties with 3 bedrooms priced at $1,559.

Price per property type

According to average price per property type in Monmouth Junction, "" priced at $1,559 is 3 % more expensive than the average price ($1,515) in this city.

Charts data
Average price January
Average price per sq.feet January
Number of properties used in Monmouth Junction
Number of properties used in region New Jersey
$1,515
$1.57
58
76,454
** Graph's data with null or zero value are due to there isn't enough data available to get a reliable value