The rent prices in real estate in Nutley, in the New Jersey region have slightly risen in the last couple of months. There has been a rise in the rent prices in this city.
The price per sq.feet in Nutley has risen during the last 6 months. In March, the average price per sq.feet was $2.12. In April this price barely changed remaining at $2.14 per sq.feet. In the following two months the price per sq.feet has risen 111 %, going from $2.13 to $2.37 per sq.feet. The price per sq.feet has risen 108 % 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 $2.25 to $2.43 during July, and August.
When referring to the price in Nutley (cities), this has risen considerably in the last 6 months. In our first sample month during March, the average price is $1,570. In April This price remains at $1,615. During the following two months (May, June) the average price had a considerable rise of 117 % 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 increased 106 % during the last two months.
The graph displaying the average rent price for bedrooms illustrates that those properties with 4 bedrooms are the most affordable ones. At a price of $1,844 they are 5 % more affordable than the average price for Nutley . The properties with the highest average price have 2 bedrooms, Their price is 38 % more expensive than the average. After that we have properties with 3 bedrooms priced at $2,344.
With regard to the average prices per sq.feet those properties with 1 bedroom are 3 % more expensive than the average price of ($2.65 / sq.feet) in Nutley. Properties with the most expensive price when referring to the number of bedrooms / sq.feet are those with 1 bedroom. They are 3 % more expensive than the average value aforementioned.
According to average price per property type in Nutley, "" priced at $1,760 is 5 % lower than the average price ($1,844) in this city.