Property prices for sale in Bloomfield (New Jersey)

The prices in real estate in Bloomfield, in the New Jersey region have had a strong rise in the last couple of months. The real estate prices for second hand homes have gone through a strong increase in this city.

$409,809.83
Average price last 6 months
$20,654.67
Price/sq.feet last 6 months
Average price per sq.feet

The price per sq.feet in Bloomfield has increased strongly during the last 6 months. In March, the average price per sq.feet was $620. In the following month the price per sq.feet decreased considerably to $200. The price for the following two months in (May, June) had a considerable increment of 4803 %. The price per sq.feet has had a considerable increase of 416 % 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 $10,051.75 to $41,860.5 during July, and August.

Average price

Based upon to the price in Bloomfield (cities), this has fallen considerably in the last 6 months. The average price for March is $722,217. During April the price had a considerable reduction till $313,222. During the following two months (May, June) the average price had a considerable reduction of 66 % with regard to the previous two months. During the last two months, the average price has reduced with regard to the previous ones. To be precise it has gone down 86 %, going from $429,134.75 to $371,160 in July and August.

Average price per bedrooms

The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $364,621 they are 33 % more affordable than the average price for Bloomfield. The properties with the highest average price have 3 bedrooms, Their price is 3 % more costly than the average. After that we have properties with 4 bedrooms priced at $372,571.

With regard to the average price per sq.feet , those properties with 4 bedrooms are the cheapest ones at a cost of $1,256 / sq.feet, with an average $41,759 / sq.feet price in Bloomfield. The properties with the lowest average prices have 1 bedroom. They are 95 % cheaper than the average followed by properties with 3 bedrooms with a price at $1,276 / sq.feet.

Price per property type

The graph displaying the average prices displays the property type "Commercial" as the most affordable one. At an cost of $364,621 it is 34 % cheaper than the average price in Bloomfield. "Office" is seen as the second most affordable property type. The dearest property type is "Apartment" followed by "Condo". At a price of $370,709 it is 2 % more expensive than the average price.

According to the average cost per sq.feet, the cheapest property type is "Condo" at an average cost of $1,246 / sq.feet followed by "Apartment" priced at $1,256 / sq.feet. "Office" is the cheapest type of property with a $17,764 / sq.feet value followed by "Commercial" with an average price of $1,968 / sq.feet.

Charts data
Average price August
Average price per sq.feet August
Number of properties used in Bloomfield
Number of properties used in region New Jersey
$364,621
$41,759
276
147,612
** Graph's data with null or zero value are due to there isn't enough data available to get a reliable value
Avalon Bloomfield Station 1 Bedroom Apartment For Rent At 300 Glenwood Ave, Bloomfield, Nj...
 20
Avalon Bloomfield Station 1 Bedroom Apartment For Rent At 300 Glenwood Ave, Bloomfield, Nj...
$2,075
Bloomfield, New Jersey - For Rent - Apartment - 1,007 sq.feet - 1 bedroom - 1 bathroom
Avalon bloomfield station in bloomfield, nj features studio, 1, 2, and 3 bedroom apartment homes across the street from the bloomfield nj transit train station. These brand...
Avalon Bloomfield Station 2 Bedroom Apartment For Rent At 300 Glenwood Ave, Bloomfield, Nj...
 20
Avalon Bloomfield Station 2 Bedroom Apartment For Rent At 300 Glenwood Ave, Bloomfield, Nj...
$2,550
Bloomfield, New Jersey - For Rent - Apartment - 1,325 sq.feet - 2 bedrooms - 2 bathrooms
Avalon bloomfield station in bloomfield, nj features studio, 1, 2, and 3 bedroom apartment homes across the street from the bloomfield nj transit train station. These brand...
Avalon Bloomfield Station 2 Bedroom Apartment For Rent At 300 Glenwood Ave, Bloomfield, Nj...
 20
Avalon Bloomfield Station 2 Bedroom Apartment For Rent At 300 Glenwood Ave, Bloomfield, Nj...
$2,810
Bloomfield, New Jersey - For Rent - Apartment - 1,376 sq.feet - 2 bedrooms - 2 bathrooms
Avalon bloomfield station in bloomfield, nj features studio, 1, 2, and 3 bedroom apartment homes across the street from the bloomfield nj transit train station. These brand...
The Green At Bloomfield 2 Bedroom Apartment For Rent At 56 Broad St, Bloomfield, Nj 07003
 20
The Green At Bloomfield 2 Bedroom Apartment For Rent At 56 Broad St, Bloomfield, Nj 07003
$2,745
Bloomfield, New Jersey - For Rent - Apartment - 1,100 sq.feet - 2 bedrooms - 2 bathrooms
To us if you have any questions. Located in the heart of downtown bloomfield just...
Avalon Bloomfield Station 2 Bedroom Apartment For Rent At 300 Glenwood Ave, Bloomfield, Nj...
 20
Avalon Bloomfield Station 2 Bedroom Apartment For Rent At 300 Glenwood Ave, Bloomfield, Nj...
$2,370
Bloomfield, New Jersey - For Rent - Apartment - 1,094 sq.feet - 2 bedrooms - 2 bathrooms
Avalon bloomfield station in bloomfield, nj features studio, 1, 2, and 3 bedroom apartment homes across the street from the bloomfield nj transit train station. These brand...