Property prices for rent in New Jersey region

The average rent price in the New Jersey region has had a slight rise in recent months. There has been a rise in the rent prices in this region.

$2,105.33
Average price last 6 months
$2.44
Price/sq.feet last 6 months
Average price per sq.feet

The price per sq.feet in New Jersey has risen in the last 6 months. During March, the average price per sq.feet was $2.3. The following month (April) the price rose to $2.59 per sq.feet. The price per sq.feet for the following two months barely changed going from $2.44 to $2.45 per sq.feet. In the last two months, the price has barely changed with regard to the average value for the last 4 months going from an average price per sq.feet of $2.45 to $2.4 during July and August.

Average price

When referring to the price in New Jersey(region), this has risen in the last 6 months. In the first month sample for March the average price is $1,911. During April it went through a strong rise reaching $2,217 In the following two months the average price practically remained the same compared to the previous two going from $2,064 to $2,123.5. During the last two months the average price has not gone through any changes and has gone from $2,093.75 to $2,128.5 during July and August.

Average price per bedrooms

The graph displaying the the average rent price per number of bedrooms shows that those with 1 bedroom are the most affordable ones. They are 12 % cheaper than the average price in New Jersey followed by those with 2 with an average price of $2,257. The most expensive properties have 4 bedrooms. They are 49 % more expensive than the average followed by those properties with 3 bedrooms priced at $2,702.

Based on the average price per sq.feet those properties with 4 bedrooms are the most affordable ones with a price of $1.76 / sq.feet being $2.38 / sq.feet the average for New Jersey. The properties with the highest average price are those with 1 bedroom. These are 10 % more expensive than the average followed by those with 2 bedrooms with a price of $2.23 / sq.feet.

Price per property type

The graph displaying the average rent price according to the property type shows "Duplex" as the most affordable one. With an average cost of $2,122 it is 20 % cheaper than the average in New Jersey. This is followed by "Apartment" with a cost of $1,932. The most expensive property type is "Townhouse" and is 22 % more costly than the average, followed by "Land" with a cost of $2,279.

Based upon the average cost per sq.feet the most affordable property type is "Duplex with a an average price of $1 / sq.feet, followed by "Condo" with a price of $2.01 / sq.feet. "Townhouse" with an average price of $13.84 / sq.feet is the most expensive type of property followed by "Apartment" at a price of $4 / sq.feet.

Charts data
Average price August
Average price per sq.feet August
Number of properties used in region New Jersey
$2,122
$2.38
96,000
** Graph's data with null or zero value are due to there isn't enough data available to get a reliable value
Brand New Home In Hoboken, Nj. 2 Bed, 2 Bath
 11
Brand New Home In Hoboken, Nj. 2 Bed, 2 Bath
$1,095,000
Hoboken, New Jersey - For Sale - Condo - 1,191 sq.feet - 2 bedrooms - 2 bathrooms
This new construction, quick delivery home is the 8d plan by toll brothers, and is located in the community of the 1000 maxwell place at 1000 maxwell place...
2 Bed, 3 Bath New Home Plan In Watchung, Nj
 20
2 Bed, 3 Bath New Home Plan In Watchung, Nj
$849,500
Watchung, New Jersey - For Sale - House - 3,994 sq.feet - 2 bedrooms - 4 bathrooms
This to-be-built home is the villa capri plan by paul anthony agency, and is located in the community of the watchung mountain villas. This plan home is priced...
Brand New Home In Franklin Lakes, Nj. 4 Bed, 4 Bath
 29
Brand New Home In Franklin Lakes, Nj. 4 Bed, 4 Bath
$1,597,160$1,644,160
Franklin Lakes, New Jersey - For Sale - House - 3,350 sq.feet - 4 bedrooms - 5 bathrooms
This new construction, quick delivery home is the blair plan by toll brothers, and is located in the community of the reserve at franklin lakes - carriages...
Brand New Home In Hoboken, Nj. 0 Bed, 1 Bath
 27
Brand New Home In Hoboken, Nj. 0 Bed, 1 Bath
$750,000
Hoboken, New Jersey - For Sale - Condo - 676 sq.feet - 1 bathroom
This new construction, quick delivery home is the 11l plan by toll brothers, and is located in the community of the 1000 maxwell place at 1000 maxwell place...
Brand New Home In Hoboken, Nj. 2 Bed, 2 Bath
 20
Brand New Home In Hoboken, Nj. 2 Bed, 2 Bath
$1,145,000
Hoboken, New Jersey - For Sale - Condo - 1,245 sq.feet - 2 bedrooms - 2 bathrooms
This new construction, quick delivery home is the 10f plan by toll brothers, and is located in the community of the 1000 maxwell place at 1000 maxwell place...