Real Estate Appreciation for Atlantic City, New Jersey: - 1.16%
Appreciation for MSAs:.
The state appreciation level can be a good benchmark for comparing an individual MSAs perfomance.
If we analyze Atlantic City, New Jersey MSA appreciation it was - 1.16% (- 0.58% yearly) from 1994 to 1995.
During the same time period, NJ had - 0.14% (- 0.07% yearly).
From 1994 to 1995, New Jersey outperformed the individual Atlantic City, New Jersey MSA. Do your research to try and determine why this MSA did not perform as well as the rest of the state.
Atlantic-City-NJ
| Year | Quarter | Price Index | Quarter Increase or Decrease | Annualized |
| 1994 | 2 | 105.25 | + 0.07% | + 0.27% |
| 1994 | 3 | 101.87 | - 3.21% | - 12.85% |
| 1994 | 4 | 99.26 | - 2.56% | - 10.25% |
| 1995 | 1 | 100 | + 0.75% | + 2.98% |
| 1995 | 2 | 101.31 | + 1.31% | + 5.24% |
| 1995 | 3 | 104.92 | + 3.56% | + 14.25% |
| 1995 | 4 | 103.96 | - 0.91% | - 3.66% |
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 Hammonton, New Jersey Refinance, or Hammonton, New Jersey Reverse Mortgages, you could estimate your home value.
If you knew your Hammonton, New Jersey home was worth $89,000.00 in 1994, you could multiply by - 1.16%, add the gain and see the home should be worth $87,967.67 in 1995. Home value is an important part of every mortgage transaction.
Average YEARLY Real Estate Appreciation for Atlantic-City-NJ from 1994 to 1995:
- 0.58%
Appreciation Comparisons
For a 2 year period, the top 5 performing MSAs of all time are Fort-Walton-Beach-Crestview-Destin-FL, Naples-Marco-Island-FL, Bakersfield-CA, Visalia-Porterville-CA, and Phoenix-Mesa-Scottdale-AZ .
- Fort-Walton-Beach-Crestview-Destin-FL increased + 64.61% from 2004 thru 2005
- Naples-Marco-Island-FL increased + 64.37% from 2004 thru 2005
- Bakersfield-CA increased + 63.04% from 2004 thru 2005
- Visalia-Porterville-CA increased + 62.28% from 2004 thru 2005
- Phoenix-Mesa-Scottdale-AZ increased + 60.78% from 2004 thru 2005
Zip Code in MSA: 8037 - HAMMONTON, NJ
MSA Pop: 263410Zip Pop: 22461
Avg Value: 120600
County: ATLANTIC
Elev: 12
Region: Northeast
Lat: 39.629954
Long: -74.770143