Real Estate Appreciation for Atlantic City, New Jersey: +159.70%
Appreciation for MSAs:.
Let's start by comparing Atlantic City, New Jersey to the rest of the state. This will give us an idea if the appreciation here was isolated or happened across the state.
We have appreciattion of +159.70% (+ 10.65% yearly) for the Atlantic City, New Jersey MSA.
The entire state of NJ had +151.49% appreciation (+ 10.10% yearly).
The Atlantic City, New Jersey MSA beat out the state. by + 5.42% appreciation.
Atlantic-City-NJ
Detailed Quarterly Appreciation is Available on Periods Less than 4 Years OnlyPlease Select One
2003-2006 Quarterly Detailed Appreciation
2000-2003 Quarterly Detailed Appreciation
1997-2000 Quarterly Detailed Appreciation
1994-1997 Quarterly Detailed Appreciation
Buying short sale properties is a real buzz right now in real estate. Short sales are created when a property is on the brink of foreclosure and the bank is willing to take a reduced payoff in order to avoid having to foreclose. If you are considering a short sale property chances are you will have to do some rehab and repair to the property. Its very important to analyze all of the historical appreciation data for the area if you are considering buying a property for investment. You can check our historical appreication data for Atlantic-City-NJ here. If you do decide to move forward with rehabbing a property and need information on a Rehab Loan in New Jersey, you can do some research at Spec-Loan.com.
If you were going to do a Absecon, New Jersey Refinance, or Absecon, New Jersey Reverse Mortgages, you could estimate your home value.
If you knew your Absecon, New Jersey home was worth $98,000.00 in 1992, you could multiply by +159.70%, add the gain and see the home should be worth $254,503.62 in 2006. Home value is an important part of every mortgage transaction.
Average YEARLY Real Estate Appreciation for Atlantic-City-NJ from 1992 to 2006:
+ 10.65%
Appreciation Comparisons
For a 15 year period, the top 5 performing MSAs of all time are San-Jose-Sunnyvale-Santa-Clara-CA, Honolulu-HI, San-Jose-Sunnyvale-Santa-Clara-CA, Santa-Rosa-Petaluma-CA, and Oxnard-Thousand-Oaks-Ventura-CA .
- San-Jose-Sunnyvale-Santa-Clara-CA increased +437.08% from 1976 thru 1990
- Honolulu-HI increased +339.80% from 1978 thru 1992
- San-Jose-Sunnyvale-Santa-Clara-CA increased +333.13% from 1977 thru 1991
- Santa-Rosa-Petaluma-CA increased +313.63% from 1977 thru 1991
- Oxnard-Thousand-Oaks-Ventura-CA increased +312.36% from 1977 thru 1991
Zip Code in MSA: 8201 - ABSECON, NJ
MSA Pop: 263410Zip Pop: 34958
Avg Value: 124800
County: ATLANTIC
Elev: 12
Region: Northeast
Lat: 39.443154
Long: -74.511723