Property prices for rent in Watchung (New Jersey)

The price per sq.feet in Watchung has barely changed in the last 6 months. In November, the average price per sq.feet was $2.42. In December this price barely changed remaining at $2.42 per sq.feet. In the following two months the price per sq.feet has practically remained the same, going from $2.42 to $2.34 per sq.feet. The price per sq.feet has hardly changed in the last two months compared to the average price of the previous four months going from an average price of $2.38 to $2.36 during March y April

When referring to the price in Watchung (cities), this has fallen considerably in the last 6 months. In our first sample month during November, the average price is $3,195. In December This price remains at $3,192. During the following two months (January, February) the average price had a considerable fall of 76 % with regard to the previous two months. During the last two months, the average price has fallen with regard to the previous ones. To be precise it has fallen 86 %, going from $2,802.75 to $2,421 in March and April.

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 $2,452 they are 19 % more affordable than the average price for Watchung . The properties with the highest average price have 2 bedrooms, Their price is 14 % more expensive than the average. After that we have properties with 3 bedrooms priced at $2,053.

With regard to the average price per sq.feet, those properties with 1 bedroom are the most affordable ones at a cost of $2.19 / sq.feet, with an average $2.35 / sq.feet price in Watchung. The properties with the most expensive average prices have 2 bedrooms. They are 6 % more expensive than the average followed by properties with 1 bedroom with a price at $2.19 / sq.feet.

According to average price per property type in Watchung, "" priced at $2,053 is 16 % lower than the average price ($2,452) in this city.