Broadway, NJ is a great place to call home due to the relatively low median housing value of $224,500. While this is significantly lower than the US House Median Value of $338,100, the 1 year house appreciation in Broadway, NJ has been 10.13%, which is higher than the US 1 year house appreciation rate of 8.27%. This makes Broadway an attractive option for those looking to invest in a new home or upgrade their current one.
The median home cost in Broadway is $224,500. Home appreciation the last 10 years has been 56.2%. Home Appreciation in Broadway is up 14.2%.
Average Age of Homes
- The median age of Broadway real estate is 68 years old
The Rental Market in Broadway
- Renters make up 24.8% of the Broadway population
- 0.0% of houses and apartments in Broadway, 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.