Property prices for rent in Scotch Plains (New Jersey)
The rent prices in real estate in Scotch Plains, 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 Scotch Plains has fallen during the last 6 months. In October, the average price per sq.feet was $2.46. In the following month the price per sq.feet rose to $2.71. The price for the following two months in (December, January) fell 92 % with regard to the previous two months. The price per sq.feet has had a considerable fall of 81 % 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 $2.49 to $2.03 during February, and March.
When referring to the price in Scotch Plains (cities), this has fallen in the last 6 months. The average price for October is $3,272. During November the price had a slight fall till $3,013. During the following two months (December, January) the average price fell 95 % with regard to the previous two months. 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 $3,061.25 and $3,200 between February and March.
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 $3,279 they are 48 % more affordable than the average price for Scotch Plains . The properties with the highest average price have 3 bedrooms, Their price is 17 % more expensive than the average. After that we have properties with 2 bedrooms priced at $2,862.
With regard to the average prices per sq.feet those properties with 1 bedroom are 13 % more expensive than the average price of ($2 / sq.feet) in Scotch Plains. Properties with the most expensive price when referring to the number of bedrooms / sq.feet are those with 1 bedroom. They are 13 % more expensive than the average value aforementioned.
The graph displaying the average rent prices displays the property type "" as the most affordable one. At an cost of $3,279 it is 48 % more affordable than the average price in Scotch Plains. "Office" is seen as the second most affordable property type. The most affordable property is "Office" followed by "". At a price of $1,694 it is 35 % more affordable than the average price.
According to the average area price by sq.feet the most expensive property type is "Office with an average cost of $227 / sq.feet. "Office" at an average price of $227 / sq.feet has the highest price and would be directed at more affluent cities.
