Real Estate Appreciation for Atlantic City, New Jersey: +163.79%

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 +163.79% (+ 16.38% yearly).

All of the property in NJ averaged +143.82% change in value (+ 14.38% yearly).

Atlantic-City-NJ

Detailed Quarterly Appreciation is Available on Periods Less than 4 Years Only
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2003-2006 Quarterly Detailed Appreciation
2000-2003 Quarterly Detailed Appreciation
1997-2000 Quarterly Detailed Appreciation

There are a lot of ways to use the appreciation data for Atlantic City, New Jersey .

Lets look at Hammonton, New Jersey, a city located in Atlantic City, New Jersey MSA.

Appreciation is an important factor in flipping properties. If appreciation rates are good this area may be prime for fixing up and flipping houses. If you need information on Hard Money Rehab Loans in Hammonton, New Jersey check out 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 $103,000.00 in 1997, you could multiply by +163.79%, add the gain and see the home should be worth $271,699.10 in 2006. Home value is an important part of every mortgage transaction.

Average YEARLY Real Estate Appreciation for Atlantic-City-NJ from 1997 to 2006:
+ 16.38%

Appreciation Comparisons

Here are a some MSAs that didn't do so well, this can give you an idea of a worst case scenario:.

1. Midland-TX lost - 22.05% from 1984 thru 1993
2. Lafayette-LA lost - 21.25% from 1983 thru 1992

Zip Code in MSA: 8037 - HAMMONTON, NJ

MSA Pop: 263410
Zip Pop: 22461
Avg Value: 120600
County: ATLANTIC
Elev: 12
Region: Northeast
Lat: 39.629954
Long: -74.770143