Property prices for sale in Marlboro (New Jersey)
The prices in real estate in Marlboro, 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.
The price per sq.feet in Marlboro has increased strongly during the last 6 months. In October, the average price per sq.feet was $329. In November this price pretty much remained the same at a value of $326 per sq.feet. In the following two months the price per sq.feet has increased 108 %, going from $327.5 to $355 per sq.feet. The price per sq.feet has had a considerable increase of 5843 % 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 $341.25 to $19,940 during February, and March.
Based upon to the price in Marlboro (cities), this has gone downing the last 6 months. The average price for October is $975,873. During November the price had a slight fall till $867,819. During the following two months (December, January) the average price fell 92 % with regard to the previous two months. During the last two months, the average price has pretty much remained the same with regard to the previous average values going from an average value of $886,540 and $919,685.5 between February and March.
The graph displaying the average price for bedrooms illustrates that those properties with 3 bedrooms are the most costly ones. At a price of $849,892 they are 52 % more expensive than the average price for Marlboro. Following this ranking we find those properties with 1 at an average price of $1,300,296. The properties with the highest average price have 1 bedroom, Their price is 53 % more costly than the average. After that we have properties with 3 bedrooms priced at $1,293,805.
With regard to the average price per sq.feet , those properties with 3 bedrooms are the most costly ones at a cost of $7,575 / sq.feet, with an average $371 / sq.feet price in Marlboro. The properties with the highest average prices have 1 bedroom. They are 1953 % more expensive than the average followed by properties with 3 bedrooms with a price at $7,575 / sq.feet.
The graph displaying the average prices displays the property type "Commercial" as the most affordable one. At an cost of $849,892 it is 3 % cheaper than the average price in Marlboro. "House" is seen as the second most affordable property type. The dearest property type is "House" followed by "Commercial". At a price of $823,584 it is 52 % more expensive than the average price.
According to the average cost per sq.feet, the most expensive property type would be "Commercial" at an average cost of $3,535 / sq.feet followed by "House" priced at $7,575 / sq.feet. "House" is the most costly type of property with a $7,575 / sq.feet cost followed by "Commercial" with an average price of $3,535 / sq.feet.
