Real Estate Appreciation for Atlantic City, New Jersey: + 94.42%
Appreciation for MSAs:.
Let's start by comparing Atlantic City, New Jersey to the rest of the state. This will give us an idea if the appreciation here was isolated or happened across the state.
We have appreciattion of + 94.42% (+ 18.88% yearly) for the Atlantic City, New Jersey MSA.
The entire state of NJ had + 72.67% appreciation (+ 14.53% yearly).
The Atlantic City, New Jersey MSA beat out the state. by + 29.92% appreciation.
Atlantic-City-NJ
Detailed Quarterly Appreciation is Available on Periods Less than 4 Years OnlyPlease Select One
2003-2006 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 $108,000.00 in 2002, you could multiply by + 94.42%, add the gain and see the home should be worth $209,970.47 in 2006. Home value is an important part of every mortgage transaction.
Average YEARLY Real Estate Appreciation for Atlantic-City-NJ from 2002 to 2006:
+ 18.88%
Appreciation Comparisons
The top 5 performing MSAs from 2002 to 2006 were Bakersfield-CA, Madera-CA, Riverside-San-Bernardino-Ontario-CA, Fresno-CA, and Naples-Marco-Island-FL .
- Bakersfield-CA increased +135.54% from 2002 to the end of 2006
- Madera-CA increased +131.62% from 2002 to the end of 2006
- Riverside-San-Bernardino-Ontario-CA increased +130.28% from 2002 to the end of 2006
- Fresno-CA increased +126.76% from 2002 to the end of 2006
- Naples-Marco-Island-FL increased +121.87% from 2002 to the end of 2006
In contrast, the worst 5 MSAs from 2002 to 2006 were Kokomo-IN, Anderson-IN, Lafayette-IN, Saginaw-Saginaw-Township-North-MI, and Muncie-IN .
- Kokomo-IN only increased + 4.72% between 2002 and 2006
- Anderson-IN only increased + 6.47% between 2002 and 2006
- Lafayette-IN only increased + 6.55% between 2002 and 2006
- Saginaw-Saginaw-Township-North-MI only increased + 8.62% between 2002 and 2006
- Muncie-IN only increased + 8.71% between 2002 and 2006
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