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 + 95.43% (+ 19.09% yearly) for the period between 2001 and the end of 2005.

The state had + 82.27% total appreciation (+ 16.45% yearly). The Atlantic City, New Jersey MSA outperformed the state. When an MSA outperforms the state, it shows that something in this area happened to increase real estate growth. The are the conditions you look to replicate as an investor.

Atlantic-City-NJ

Detailed Quarterly Appreciation is Available on Periods Less than 4 Years Only
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2002-2005 Quarterly Detailed Appreciation


Now is a great time to buy and fix up real estate in many areas. Foreclosures are on the rise so there are deals to be had. If you are considering purchasing and rehabbing a property, appreciation rates are important to consider. If you feel like this is a good area to purchase foreclosure property for rehab, check out Hard Money Rehab Loan Information at Spec-Loan.com. Its important to do your homework before taking on any type of real estate purchase.

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 $106,000.00 in 2001, you could multiply by + 95.43%, add the gain and see the home should be worth $207,158.34 in 2005. Home value is an important part of every mortgage transaction.


Average YEARLY Real Estate Appreciation for Atlantic-City-NJ from 2001 to 2005:
+ 19.09%

Appreciation Comparisons

The top 5 performing MSAs from 2001 to 2005 were Fresno-CA, Madera-CA, Yuba-City-CA, Riverside-San-Bernardino-Ontario-CA, and Bakersfield-CA .

  1. Fresno-CA increased +137.23% from 2001 to the end of 2005
  2. Madera-CA increased +136.99% from 2001 to the end of 2005
  3. Yuba-City-CA increased +136.08% from 2001 to the end of 2005
  4. Riverside-San-Bernardino-Ontario-CA increased +133.38% from 2001 to the end of 2005
  5. Bakersfield-CA increased +131.89% from 2001 to the end of 2005

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