Real Estate Appreciation for Atlantic City, New Jersey: + 49.44%
Appreciation for MSAs:.
The state appreciation level can be a good benchmark for comparing an individual MSAs perfomance.
If we analyze Atlantic City, New Jersey MSA appreciation it was + 49.44% (+ 16.48% yearly) from 2004 to 2006.
During the same time period, NJ had + 37.92% (+ 12.64% yearly).
You can see that the Atlantic City, New Jersey MSA experienced higher appreciation in this case.
Atlantic-City-NJ
| Year | Quarter | Price Index | Quarter Increase or Decrease | Annualized |
| 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 $110,000.00 in 2004, you could multiply by + 49.44%, add the gain and see the home should be worth $164,378.75 in 2006. Home value is an important part of every mortgage transaction.
Average YEARLY Real Estate Appreciation for Atlantic-City-NJ from 2004 to 2006:
+ 16.48%
Appreciation Comparisons
The top 5 performing MSAs from 2004 to 2006 were Naples-Marco-Island-FL, Bakersfield-CA, Bend-OR, Phoenix-Mesa-Scottdale-AZ, and Visalia-Porterville-CA .
- Naples-Marco-Island-FL increased + 77.60% from 2004 to the end of 2006
- Bakersfield-CA increased + 77.49% from 2004 to the end of 2006
- Bend-OR increased + 75.09% from 2004 to the end of 2006
- Phoenix-Mesa-Scottdale-AZ increased + 75.00% from 2004 to the end of 2006
- Visalia-Porterville-CA increased + 73.18% from 2004 to the end of 2006
In contrast, the worst 5 MSAs from 2004 to 2006 were Saginaw-Saginaw-Township-North-MI, Kokomo-IN, Anderson-IN, Muncie-IN, and Lafayette-IN .
- Saginaw-Saginaw-Township-North-MI only increased + 0.82% between 2004 and 2006
- Kokomo-IN only increased + 0.99% between 2004 and 2006
- Anderson-IN only increased + 2.08% between 2004 and 2006
- Muncie-IN only increased + 2.23% between 2004 and 2006
- Lafayette-IN only increased + 2.44% between 2004 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