Property prices for rent in South River (New Jersey)

The rent prices in real estate in South River, 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.

$1,541
Average price last 6 months
$7.77
Price/sq.feet last 6 months
Average price per sq.feet

The price per sq.feet in South River has risen strongly during the last 6 months. In November, the average price per sq.feet was $1.89. In December this price barely changed remaining at $1.89 per sq.feet. In the following two months the price per sq.feet has risen 107 %, going from $1.89 to $2.03 per sq.feet. The price per sq.feet has had a considerable rise of 989 % 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 $1.96 to $19.39 during March, and April.

Average price

When referring to the price in South River (cities), there have hardly been any changes in the last 6 months. In our first sample month during November, the average price is $1,556. In December This price remains at $1,583. In the following two months the average price has hardly changed with regard to the previous two months from $1,569.5 to $1,524. 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 $1,546.75 and $1,529.5 between March and April.

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 $1,548 they are 23 % more affordable than the average price for South River . The properties with the lowest average price have 1 bedroom, Their price is 7 % more affordable than the average. After that we have properties with 2 bedrooms priced at $1,195.

With regard to the average prices per sq.feet those properties with 1 bedroom are 94 % more affordable than the average price of ($2.03 / sq.feet) in South River. Properties with the most affordable price when referring to the number of bedrooms / sq.feet are those with 1 bedroom. They are 94 % more affordable than the average value aforementioned.

Price per property type

The graph displaying the average rent prices displays the property type "" as the most affordable one. At an cost of $1,548 it is 23 % more affordable than the average price in South River. "Condo" is seen as the second most affordable property type. The most expensive property type is "Condo" followed by "". At a price of $1,195 it is 1 % more expensive than the average price.

According to the average area price by sq.feet the most expensive property type is "Condo with an average cost of $45 / sq.feet. "Condo" at an average price of $45 / sq.feet has the highest price and would be directed at more affluent cities.

Charts data
Average price April
Average price per sq.feet April
Number of properties used in South River
Number of properties used in region New Jersey
$1,548
$36.66
72
125,380
** Graph's data with null or zero value are due to there isn't enough data available to get a reliable value