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Homes for Sale in Montville

Homes for Sale in Montville

Montville is a township located within Morris County in the state of New Jersey. The total population is about 20,000, though is probably higher than that in current day. Montville is well known for being an affluent town, and has been ranked as one of the best places to live in the country. 
 
 
In recent years, it has been ranked as 13th in the nation, which is also the highest ranked town in New Jersey for such a category. Montville is also known to be the headquarters for the pharmaceutical giant Bayer Healthcare Pharmaceutical. 
 
 
Montville is also one of the reasons as to why New Jersey is considered one the wealthiest states in the country, having a mean house income of nearly $124,000, with a mean family income of $134,000. Therefore, it is of no surprise that Montville, NJ homes for sale will reflect the above average income for the town.
 
 
NJ homes for sale are known to hold their value due to New Jersey constantly being ranked as one of the wealthiest states in the United States. Montville NJ homes for sale will prove to be no exception, having an average listing price of over $885,000, with a median sales price of just under $500,000. 
 
 
 
However, it is important to note that the listing prices in recent years have decline, as they were once as high as $915,000. However, Montville NJ homes for sale continue to increase in terms of actual sales prices, proving to not only hold their value, but also increase overall.

Homes for Sale in Lincoln Park

Homes for Sale in Lincoln Park

Lincoln Park is considered to be a borough in Morris County, New Jersey. It is estimated to have a population of just under 11,000. Lincoln Park is a popular suburb for those that have careers or jobs in New York City, particularly Manhattan, because of its relative closeness to the city. 
 
 
Furthermore, Lincoln Park also has the attraction of being considered one the best places to live in the country, and has been ranked as being the fifth best place to live in New Jersey in the past.
 
 
Lincoln Park coincides with the trend that the state of New Jersey is known for, which is being one the wealthiest states in the country. Such factors will also be reflected in the real estate market for Lincoln Park, NJ homes for sale. The average annual income for a household is about $70,000, while the median income for a family is just under the $80,000 mark. 
 
 
Consequently, the average listing for Lincoln Park, NJ homes for sale is about $350,000, with a median sales price of approximately $285,000. Though it may have lower listing and sales prices when compared to other homes for sale in NJ, particularly neighboring suburbs, Lincoln Park, NJ homes for sale have proven to be a fairly stable commodity in the real estate market.

Homes for Sale in Princeton

Homes for Sale in Princeton

The city of Princeton, New Jersey is located in Mercer County, and is most popularly known for being the home to the noted University of Princeton. The city of Princeton has garnered the notion of being a "college town," though it is also an important location for other institutions as well, such as Bristol-Myers Squibb and Dow Jones & Company. Princeton homes for sale are highly wanted commodity in the state of New Jersey for many reasons, making it a great market in terms of the real estate industry.
 
 
The city of Princeton is considered to be one of the best places work and live in the United States, having achieved the 15th ranking in polls in recent years. Furthermore, Princeton is located almost exactly in the middle of both New York City and Philadelphia, making it a very popular residence for commuters to both cities. Such factors have an impact of Princeton homes for sale and the overall real estate market for the city. 
 
 
Due to its prestigious reputation, both for being a great place to reside in as well as having one the best universities in the country in Princeton University, Princeton Homes for sale will carry some of the higher property values among other NJ homes for sale in other areas. The average listing price is just over one million dollars, which has only in recent times dropped. 
 
 
However, the median sales prices are on the rise, and averaging to be about $534,000. Furthermore, Princeton homes for sale in the 08540 zip code, which is also the University's zip code, have proven to have higher sales values due to having the prestigious Princeton zip code and address.

Homes for Sale in Newark

Homes for Sale in Newark

The city of Newark, New Jersey is the largest city in the state, with an estimated population of 281,000. Furthermore, it is also considered to be the eight most populated in the country in terms of density, which is 11,400 per square mile. 
 
 
Newark is a popular commuter city due to the fact that it is only located eight miles west of Manhattan, making a prime location for families or individuals that have their careers based in New York City. Furthermore, it is also the largest container shipping port on the East Coast. Newark itself is also a very industrial city and has some of the larger financial corporations as well, thus making Newark homes for sale wanted property for many.
 
 
Newark homes for sale are currently on the rise, both on the value of the property and home, as well as the number of total sales. Though the listing averages and mean sales prices may be slightly lower than other NJ homes on the market in the suburbs, Newark homes that are for sale still seem to carry out significant values when compared to other areas in the state. 
 
 
 
The current listing average for Newark homes for sale is about $205,000. However, the rise in the overall value of homes in the city will be proven with the fact that the actual mean sales prices are above asking prices, averaging to be at $213,000. This trend is fairly uncommon when compared to other markets in country.

Homes for Sale in New Jersey

Homes for Sale in New Jersey

The state of New Jersey is considered to be the thirteenth most populous state in the United State, and is the most densely populated in terms of residents per square mile. Recent estimates put the overall population of the state at nearly nine million residents, with a density of over 1,100 residents per square mile. 
Furthermore, New Jersey state is also considered to be the second most wealthy state in the country. The average income is just under $55,000, which is much higher than the national average of $46,500. For these reasons alone, the real estate market in the state is one of the most stable, and proves to be on the rise.
NJ homes for sale will prove to fluctuate in terms of listing prices and average sales prices depending on where the city is located. For example, real estate property located directly across the Hudson River from New York City will prove to carry higher prices tags based on the fact that it is so close Manhattan. 
Therefore, cities such as Hoboken and Jersey City may see higher real estate listing prices because of the commuting factor for many that seek to purchase a home or property in such cities because their jobs or careers are based in New York City.
Homes for sale in NJ may also have higher prices down by the shoreline, particularly because of the opportunity that exists of converting such property into an investment. Many homes for sale in NJ at the shore points are usually bought and rented out for the summer beach season.
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