Bridgewater, NJ

Population: 39,564
Average annual home appreciation rate: 7.15%
Total of homes for sale in this market: 120
Median home price: $408,710
Median Rent: $1,736 per room
Home price range: 32.18% of homes are between $467,001 – $701,000
Median sales price: $434,250
Number of homes: 143
Median foreclosure sales price: NO DATA
Foreclosure discount: NO DATA
Most common home type: 71.24% of homes are Single Family Detached
Number of vacant homes: 2.37%
Number of renters: 14.15%
Number of owner occupied: 85.85%
Number people living below poverty level: 3.08%
Unemployment rate: 5.2%
Is this area perfect for real estate deals going on right now? There are two facts that could make for opportunity in the Bridgewater market as we speak… 1. There are almost as many ‘troubled’ homes on the market as there are total homes for sale. 2. The average sales price for the ‘troubled’ homes is around 64% lower than a regular home. These both spell opportunity for the savvy cash investor.

Leave a Reply

Your email address will not be published. Required fields are marked *