Appreciation for MSAs:.

The first way to get a handle on an areas appreciation for a period is to compare it to the rest of the state.

In this case Atlantic City, New Jersey MSA appreciated + 35.42% (+ 11.81% yearly) for the period between 2001 and the end of 2003.

The state had + 36.41% total appreciation (+ 12.14% yearly). The state average for New Jersey was higher than the real estate appreciation in the Atlantic City, New Jersey MSA. This shows that something happened in this area to cause it to underperform. If you can identify the cause during these years, you can learn to avoid it. The state appreaciated + 2.78% faster than this MSA.

Atlantic-City-NJ

YearQuarterPrice IndexQuarter Increase or DecreaseAnnualized
2001 2 132.76 + 1.07% + 4.26%
2001 3 135.98 + 2.43% + 9.70%
2001 4 138.33 + 1.73% + 6.91%
2002 1 142.22 + 2.81% + 11.25%
2002 2 145.6 + 2.38% + 9.51%
2002 3 150.56 + 3.41% + 13.63%
2002 4 154.6 + 2.68% + 10.73%
2003 1 159.07 + 2.89% + 11.57%
2003 2 161.77 + 1.70% + 6.79%
2003 3 167.84 + 3.75% + 15.01%
2003 4 177.89 + 5.99% + 23.95%


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 $104,000.00 in 2001, you could multiply by + 35.42%, add the gain and see the home should be worth $140,838.61 in 2003. Home value is an important part of every mortgage transaction.


Average YEARLY Real Estate Appreciation for Atlantic-City-NJ from 2001 to 2003:
+ 11.81%

Appreciation Comparisons

For a 3 year period, the top 5 performing MSAs of all time are Bakersfield-CA, Visalia-Porterville-CA, Fort-Walton-Beach-Crestview-Destin-FL, Madera-CA, and Palm-Bay-Melbourne-Titusville-FL .

  1. Bakersfield-CA increased + 93.72% from 2003 thru 2005
  2. Visalia-Porterville-CA increased + 88.65% from 2003 thru 2005
  3. Fort-Walton-Beach-Crestview-Destin-FL increased + 87.85% from 2003 thru 2005
  4. Madera-CA increased + 85.39% from 2003 thru 2005
  5. Palm-Bay-Melbourne-Titusville-FL increased + 85.00% from 2003 thru 2005

The worst perfoming MSAs ever for a 3 year period, were Grand-Junction-CO, Lafayette-LA, Honolulu-HI, Fairbanks-AK, and Lafayette-LA .

  1. Grand-Junction-CO lost - 34.69% from 1983 to 1985
  2. Lafayette-LA lost - 31.84% from 1985 thru 1987
  3. Honolulu-HI lost - 30.81% from 1979 thru 1981
  4. Fairbanks-AK lost - 29.16% from 1987 thru 1989
  5. Lafayette-LA lost - 28.50% from 1986 thru 1988

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