The rent prices in real estate in Perth Amboy, 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 Perth Amboy has risen strongly during the last 6 months. In June, the average price per sq.feet was $1.84. In the following month the price per sq.feet rose considerably to $2.24. The price for the following two months in (August, September) had a considerable rise of 160 %. The price per sq.feet has had a considerable rise of 115 % 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 $2.65 to $3.06 during October, and November.
When referring to the price in Perth Amboy (cities), there have hardly been any changes in the last 6 months. The average price for June is $2,614. During July the price had a slight fall till $2,349. In the following two months the average price has hardly changed with regard to the previous two months from $2,481.5 to $2,542. During the last two months, the average price has barely gone through any changes with regard to the previous average values going from an average value of $2,511.75 and $2,586.5 between October and November.
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 $2,576 they are 24 % more affordable than the average price for Perth Amboy . The properties with the highest average price have 4 bedrooms, Their price is 32 % more expensive than the average. After that we have properties with 3 bedrooms priced at $3,213.
With regard to the average price per sq.feet, those properties with 4 bedrooms are the most affordable ones at a cost of $2.39 / sq.feet, with an average $3.06 / sq.feet price in Perth Amboy. The properties with the most expensive average prices have 3 bedrooms. They are 17 % more expensive than the average followed by properties with 2 bedrooms with a price at $3.24 / sq.feet.
The graph displaying the average rent prices displays the property type "" as the most affordable one. At an cost of $2,576 it is 39 % more affordable than the average price in Perth Amboy. "Condo" is seen as the second most affordable property type. The most expensive property type is "House" followed by "Commercial". At a price of $2,543 it is 15 % more expensive than the average price.
According to the average cost per sq.feet, the most affordable property is "Condo" at an average price of $2.89 / sq.feet followed by "Commercial" priced at $3.17 / sq.feet. "House" is the most expensive type of property with a $3.18 / sq.feet value followed by "Commercial" with an average price of $3.17 / sq.feet.