Silver Ridge, NJ is a great place to live for those looking to buy a home. The median value of housing in the area is $216,200, which is significantly lower than the US median of $338,100. But don't let this fool you – the one-year appreciation rate for homes in Silver Ridge is 13.53%, much higher than the national average of 8.27%. This means that buying a home in Silver Ridge can be a great investment over the long term. With its low median value and high return on investment potential, Silver Ridge makes an attractive choice for anyone looking to purchase a new home.
The median home cost in Silver Ridge is $216,200. Home appreciation the last 10 years has been 85.4%. Home Appreciation in Silver Ridge is up 19.0%.
Average Age of Homes
- The median age of Silver Ridge real estate is 41 years old
The Rental Market in Silver Ridge
- Renters make up 5.6% of the Silver Ridge population
- 0.0% of houses and apartments in Silver Ridge, 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.