Real Estate Appreciation for Atlantic City, New Jersey: + 8.91%
Appreciation for MSAs:.
Before we disect the appreciation within the MSA for this period, lets consider how Atlantic City, New Jersey did compared to the state as a whole.
The Atlantic City, New Jersey MSA property value change was + 8.91% (+ 2.97% yearly).
All of the property in NJ averaged + 7.03% change in value (+ 2.34% yearly).
Atlantic-City-NJ
| Year | Quarter | Price Index | Quarter Increase or Decrease | Annualized |
| 1995 | 2 | 101.31 | + 1.31% | + 5.24% |
| 1995 | 3 | 104.92 | + 3.56% | + 14.25% |
| 1995 | 4 | 103.96 | - 0.91% | - 3.66% |
| 1996 | 1 | 106.09 | + 2.05% | + 8.20% |
| 1996 | 2 | 101.96 | - 3.89% | - 15.57% |
| 1996 | 3 | 104.63 | + 2.62% | + 10.47% |
| 1996 | 4 | 103.73 | - 0.86% | - 3.44% |
| 1997 | 1 | 104.82 | + 1.05% | + 4.20% |
| 1997 | 2 | 107.52 | + 2.58% | + 10.30% |
| 1997 | 3 | 107.64 | + 0.11% | + 0.45% |
| 1997 | 4 | 108.91 | + 1.18% | + 4.72% |
If you need information on Hard Money Rehab Loans in Hammonton, New Jersey look 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 $92,000.00 in 1995, you could multiply by + 8.91%, add the gain and see the home should be worth $100,197.20 in 1997. Home value is an important part of every mortgage transaction.
Average YEARLY Real Estate Appreciation for Atlantic-City-NJ from 1995 to 1997:
+ 2.97%
Appreciation Comparisons
Here are a some MSAs that didn't do so well, this can give you an idea of a worst case scenario:.
- Fairbanks-AK lost - 29.16% from 1987 thru 1989
- Lafayette-LA lost - 28.50% from 1986 thru 1988
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