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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 Dover

Homes for Sale in Dover

The town of Dover, New Jersey is located in Morris County, and is about forty miles outside of the city of New York, and about 30 miles from the city of Newark, both located to the east. The population of the town is just over 18,000. 
 
 
Due to it relatively close location to the city of New York, Dover has become a popular location for families to settle down and start families. According to the National Census, about half of the population is married couples, with about 36% of the total population having children under the age of eighteen. Dover homes for sale will therefore prove to be among the most sought out in relation to all of the NJ homes for sale in the state.
 
 
Even though Dover has a considerably lower average income than the rest of Morris County, which is about $84,000 and Dover's being at about $54,000, Dover homes for sale still carry fairly high values. A reason for this may be the fact that many more people of average income are settling down in Dover rather than some of the towns in the county that have considerably much higher real estate property costs and values. 
 
 
Therefore, Dover can be seen more as a middle class community, rather than upper middle class category that most of Morris County will probably fall under.  Dover homes for sale continue to rise in terms of average listing prices, which are about $266,000, while medial sales prices are just under the $225,000 mark.

Homes for Sale in Woodbridge

Homes for Sale in Woodbridge

Woodbridge, New Jersey is a township located in Middlesex County, just about at the heart of the state. The population for Woodbridge is estimated to be about 100,000 people, making it the sixth most populated region in the state of New Jersey. Woodbridge can generally be considered an affluent suburb, being the home to mostly family household.
 
 
 Nearly 60% of the population is married couples, with about 33% of the total population having children under the age of eighteen. Furthermore, it can also be considered to be one of the most affluent towns in the state, having a median income of about $77,000 for households, and $82,000 for families. 
 
 
Such figures coincide with the median incomes for the state of New Jersey, thus making the majority of the population middle to upper-middle class residents. Woodbridge home for sales will prove to be an attractive investment for those seeking to start a family, or simply raise an established family in what is considered to be a great family-oriented town.
 
 
Average listing prices for Woodbridge homes for sale are about $265,000, which are currently on a decline as recent times. However, the actual median sales price is about $335,000, which is substantially above the mean listing prices for Woodbridge homes for sale. This can infer that Woodbridge homes for sale not only hold their value extremely well, but are also increasing. Woodbridge homes may be among the more valuable amongst the New Jersey homes for sales across the state.

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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