Property prices for sale in Cliffside Park (New Jersey)
The prices in real estate in Cliffside Park, in the New Jersey region have had a minor fall in the last couple of months. The real estate prices for second hand homes have fallen in this city
The price per sq.feet in Cliffside Park has fallen in the last 6 months. In October, the average price per sq.feet was $483. In November this price pretty much remained the same at a value of $491 per sq.feet. The price for the following two months in (December, January) decreased 86 % with regard to the prior two months. The price per sq.feet has decreased 94 % 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 $453.5 to $426.5 during February, and March.
Based upon to the price in Cliffside Park (cities), these have remained the same in the last 6 months. The price in October is $777,361, rising in November till $837,671. During the following two months (December, January) the average price fell 87 % 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 gone up 107 % during the last two months.
The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $850,412 they are 59 % more affordable than the average price for Cliffside Park. The properties with the highest average price have 4 bedrooms, Their price is 131 % more costly than the average. After that we have properties with 3 bedrooms priced at $1,009,448.
With regard to the average price per sq.feet , those properties with 2 bedrooms are the cheapest ones at a cost of $433 / sq.feet, with an average $473 / sq.feet price in Cliffside Park. The properties with the highest average prices have 4 bedrooms. They are 16 % more expensive than the average followed by properties with 3 bedrooms with a price at $504 / sq.feet.
The graph displaying the average prices displays the property type "House" as the most affordable one. At an cost of $850,412 it is 15 % cheaper than the average price in Cliffside Park. "Apartment" is seen as the second most affordable property type. The dearest property type is "Commercial" followed by "Condo". At a price of $1,011,111 it is 75 % more expensive than the average price.
According to the average cost per sq.feet, the cheapest property type is "Apartment" at an average cost of $290 / sq.feet followed by "Condo" priced at $338 / sq.feet. "Commercial" is the most costly type of property with a $23,874 / sq.feet cost followed by "House" with an average price of $421 / sq.feet.
