Housing in 07865 Port Murray, NJ is quite expensive compared to the US median value, with an estimated median value of $394,600. This is nearly 18% higher than the US House Median Value of $338,100. However, this high price tag comes with a decent return on investment for homeowners. In the past year alone, house appreciation in 07865 Port Murray has been 10.13%, higher than the 8.27% rate across the US. Therefore investing in housing in this area would be a good option for those looking for a strong return on their investment.
The median home cost in Port Murray (zip 07865) is $394,600. Home appreciation the last 10 years has been 56.2%. Home Appreciation in Port Murray (zip 07865) is up 14.2%.
Average Age of Homes
- The median age of Port Murray (zip 07865) real estate is 50 years old
The Rental Market in Port Murray (zip 07865)
- Renters make up 12.1% of the Port Murray (zip 07865) population
- 0.0% of houses and apartments in Port Murray (zip 07865), 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.