Real Estate Appreciation for Atlantic City, New Jersey: + 73.82%
Appreciation for MSAs:.
Comparing the real estate investment appreciation rates between a MSAs and their state can give you a lot of insight.
The Atlantic City, New Jersey MSA appreciated + 73.82% (+ 18.46% yearly) between 2003 and the end of 2006.
The state of NJ had + 54.78% total appreciation (+ 13.70% yearly).
The Atlantic City, New Jersey MSA outperformed the state. This gives us important insight into the apprecaition of this MSA. The msa appreciated + 34.76% faster than the state as a whole.
Atlantic-City-NJ
| Year | Quarter | Price Index | Quarter Increase or Decrease | Annualized |
| 2003 | 2 | 161.77 | + 1.70% | + 6.79% |
| 2003 | 3 | 167.84 | + 3.75% | + 15.01% |
| 2003 | 4 | 177.89 | + 5.99% | + 23.95% |
| 2004 | 1 | 185.03 | + 4.01% | + 16.05% |
| 2004 | 2 | 191.72 | + 3.62% | + 14.46% |
| 2004 | 3 | 205.64 | + 7.26% | + 29.04% |
| 2004 | 4 | 212.82 | + 3.49% | + 13.97% |
| 2005 | 1 | 219.69 | + 3.23% | + 12.91% |
| 2005 | 2 | 236.5 | + 7.65% | + 30.61% |
| 2005 | 3 | 245.03 | + 3.61% | + 14.43% |
| 2005 | 4 | 256.72 | + 4.77% | + 19.08% |
| 2006 | 1 | 264.45 | + 3.01% | + 12.04% |
| 2006 | 2 | 272.18 | + 2.92% | + 11.69% |
| 2006 | 3 | 276.5 | + 1.59% | + 6.35% |
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 $109,000.00 in 2003, you could multiply by + 73.82%, add the gain and see the home should be worth $189,466.90 in 2006. Home value is an important part of every mortgage transaction.
Average YEARLY Real Estate Appreciation for Atlantic-City-NJ from 2003 to 2006:
+ 18.46%
Appreciation Comparisons
The top 5 performing MSAs from 2003 to 2006 were Bakersfield-CA, Visalia-Porterville-CA, Madera-CA, Riverside-San-Bernardino-Ontario-CA, and Naples-Marco-Island-FL .
- Bakersfield-CA increased +110.89% from 2003 to the end of 2006
- Visalia-Porterville-CA increased +101.32% from 2003 to the end of 2006
- Madera-CA increased +100.36% from 2003 to the end of 2006
- Riverside-San-Bernardino-Ontario-CA increased +100.03% from 2003 to the end of 2006
- Naples-Marco-Island-FL increased + 99.23% from 2003 to the end of 2006
In contrast, the worst 5 MSAs from 2003 to 2006 were Kokomo-IN, Anderson-IN, Lafayette-IN, Saginaw-Saginaw-Township-North-MI, and Muncie-IN .
- Kokomo-IN only increased + 2.97% between 2003 and 2006
- Anderson-IN only increased + 3.19% between 2003 and 2006
- Lafayette-IN only increased + 5.02% between 2003 and 2006
- Saginaw-Saginaw-Township-North-MI only increased + 5.27% between 2003 and 2006
- Muncie-IN only increased + 6.15% between 2003 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