Property prices for rent in Scotch Plains (New Jersey)

The rent prices in real estate in Scotch Plains, 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.

$1,951
Average price last 6 months
$72.83
Price/sq.feet last 6 months
Average price per sq.feet

The price per sq.feet in Scotch Plains has risen strongly during the last 6 months. In January, the average price per sq.feet was . In the following month the price per sq.feet rose considerably to $1. The price for the following two months in (March, April) had a considerable rise of 200 %. The price per sq.feet has had a considerable rise of 24077 % 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 $0.75 to $180.58 during May, and June.

Average price

When referring to the price in Scotch Plains (cities), this has risen considerably in the last 6 months. The average price during our first sample month during January, is . During February the price went through a considerable rise reaching $1,808. During the following two months (March, April) the average price had a considerable rise of 200 % 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 had a strong increase of 160 % during the last two months.

Average price per bedrooms

The graph displaying the average rent price for bedrooms illustrates that those properties with 2 bedrooms are the most affordable ones. At a price of $2,331 they are 26 % more affordable than the average price for Scotch Plains . The properties with the lowest average price have 1 bedroom, Their price is 23 % more affordable than the average. After that we have properties with 2 bedrooms priced at $1,736.

Price per property type

The graph displaying the average rent prices displays the property type "" as the most affordable one. At an cost of $2,331 it is 26 % 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 $1,736 it is 6 % 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 $248 / sq.feet. "Office" at an average price of $248 / sq.feet has the highest price and would be directed at more affluent cities.

Charts data
Average price June
Average price per sq.feet June
Number of properties used in Scotch Plains
Number of properties used in region New Jersey
$2,331
$2.16
28
95,140
** Graph's data with null or zero value are due to there isn't enough data available to get a reliable value