Real Estate Appreciation for Atlantic City, New Jersey: + 31.52%
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 + 31.52% (+ 3.94% yearly) from 1994 to 2001.
During the same time period, NJ had + 38.36% (+ 4.80% yearly).
From 1994 to 2001, 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
Detailed Quarterly Appreciation is Available on Periods Less than 4 Years OnlyPlease Select One
1998-2001 Quarterly Detailed Appreciation
1995-1998 Quarterly Detailed Appreciation
If you feel like property in this area is good for investment, you may want to consider looking at some fixer up properties to rehab. Rehabbing proeprty can help maximize your profits since you can usually buy a house that needs work at a reduced price. If you want information on a Hard Money Rehab Loan in Hammonton, New Jersey click on Spec-Loan.com. The right financing can make all the difference when rehabbing property. Not all lenders will allow you to purchase a home that needs work. Make sure you look at all of the appreciation data we have for Atlantic City, New Jersey.
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 $95,000.00 in 1994, you could multiply by + 31.52%, add the gain and see the home should be worth $124,941.53 in 2001. Home value is an important part of every mortgage transaction.
Average YEARLY Real Estate Appreciation for Atlantic-City-NJ from 1994 to 2001:
+ 3.94%
Appreciation Comparisons
In contrast, the worst 5 MSAs from 1994 to 2001 were Honolulu-HI, Utica-Rome-NY, Glens-Falls-NY, Albany-Schenectady-Troy-NY, and Syracuse-NY .
- Honolulu-HI decreased by - 7.06% between 1994 and 2001
- Utica-Rome-NY only increased + 6.45% between 1994 and 2001
- Glens-Falls-NY only increased + 6.82% between 1994 and 2001
- Albany-Schenectady-Troy-NY only increased + 6.99% between 1994 and 2001
- Syracuse-NY only increased + 7.38% between 1994 and 2001
The worst perfoming MSAs ever for a 8 year period, were Midland-TX, Midland-TX, Casper-WY, Lafayette-LA, and Lafayette-LA .
- Midland-TX lost - 34.76% from 1982 to 1989
- Midland-TX lost - 32.81% from 1983 thru 1990
- Casper-WY lost - 31.76% from 1983 thru 1990
- Lafayette-LA lost - 31.61% from 1981 thru 1988
- Lafayette-LA lost - 30.68% from 1982 thru 1989
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