Property prices for sale in New Brunswick (New Jersey)

The prices in real estate in New Brunswick, 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.

$428,176.17
Average price last 6 months
$396.83
Price/sq.feet last 6 months
Average price per sq.feet

The price per sq.feet in New Brunswick has increased strongly during the last 6 months. In February, the average price per sq.feet was $260. In the following month the price per sq.feet increased considerably to $997. The price for the following two months in (April, May) had a considerable decrease of 46 with regard to the prior two months. The price per sq.feet has had a considerable deflation of 59 % 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 $460 to $270.5 during June, and July.

Average price

Based upon to the price in New Brunswick (cities), these have remained the same in the last 6 months. In our first sample month during February, the average price is $413,447. In March This price remains at $424,534. During the following two months (April, May) the price has had an average incrementation from $418,990.5 to $450,469. 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 $434,729.75 and $415,069 between June and July.

Average price per bedrooms

The graph displaying the average price for bedrooms illustrates that those properties with 2 bedrooms are the cheapest ones. At a price of $405,625 they are 21 % more affordable than the average price for New Brunswick. The properties with the lowest average price have 4 bedrooms, Their price is 3 % cheaper than the average. After that we have properties with 3 bedrooms priced at $354,697.

With regard to the average price per sq.feet , those properties with 3 bedrooms are the cheapest ones at a cost of $230 / sq.feet, with an average $263 / sq.feet price in New Brunswick. The properties with the highest average prices have 1 bedroom. They are 52 % more expensive than the average followed by properties with 4 bedrooms with a price at $286 / sq.feet.

Price per property type

The graph displaying the average prices displays the property type "Condo" as the most affordable one. At an cost of $405,625 it is 18 % cheaper than the average price in New Brunswick. "Land" is seen as the second most affordable property type. The dearest property type is "Duplex" followed by "House". At a price of $406,812 it is 18 % more expensive than the average price.

According to the average cost per sq.feet, the cheapest property type is "Duplex" at an average cost of $250 / sq.feet followed by "House" priced at $269 / sq.feet. "Land" is the most costly type of property with a $2,645 / sq.feet cost followed by "Condo" with an average price of $283 / sq.feet.

Charts data
Average price July
Average price per sq.feet July
Number of properties used in New Brunswick
Number of properties used in region New Jersey
$405,625
$263
1,226
277,244
** Graph's data with null or zero value are due to there isn't enough data available to get a reliable value