Lincoln Park, NJ is a desirable place to live with its median housing value of $434,400. This is significantly higher than the national average of $338,100 and reflects the strong real estate market in Lincoln Park. The appreciation rate for houses in Lincoln Park is also very high at 10.07%, surpassing the national rate of 8.27%. This indicates that now is a great time to invest in Lincoln Park real estate as house values are likely to continue to increase.
The median home cost in Lincoln Park is $434,400. Home appreciation the last 10 years has been 66.2%. Home Appreciation in Lincoln Park is up 13.9%.
Average Age of Homes
- The median age of Lincoln Park real estate is 46 years old
The Rental Market in Lincoln Park
- Renters make up 22.3% of the Lincoln Park population
- 2.9% of houses and apartments in Lincoln Park, are available to rent
DID YOU KNOW
Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.