Iselin (Bridgewater), NJ

Population: 18,695
Average annual home appreciation rate: 6.50%
Total of homes for sale in this market: 42
Median home price: $308,902
Median Rent: $1,411 per room
Home price range: 45.74% of homes are between $286,001 – $381,000
Median sales price: $250,000
Number of homes: 118
Median foreclosure sales price: NO DATA
Foreclosure discount: NO DATA
Most common home type: 64.53% of homes are SINGLE FAMILY DETACHED
Number of vacant homes: 4.01%
Number of renters: 36.73%
Number of owner occupied: 63.27%
Number people living below poverty level: 5.75%
Unemployment rate: 5.10%
Is this area perfect for real estate deals going on right now? The combination of the great home prices, positive appreciation rates and higher than average rental rates, this could be the right recipe for the savvy buy and hold investor.

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