Welcome to our 8514 real estate data hub, tailored for investors in Cream Ridge, NJ. We aim to provide valuable insights, empowering you to make well-informed decisions in this unique market.
Explore essential data such as home prices, rental rates, and appreciation trends specific to 8514 in Cream Ridge, NJ. Discover Section 8 housing opportunities and challenges to maximize your investment potential in MONMOUTH COUNTY.
Leverage our comprehensive, zip code-specific data to excel in Cream Ridge, NJ real estate investing. Uncover the wealth of information available, and position yourself for success in the Cream Ridge property market.
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Location Overview
- Zip Code: 8514
- City: Cream Ridge
- State: NJ
- Metro Area: New York-Newark-Jersey City, NY-NJ-PA
- County Name: MONMOUTH COUNTY
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Real Estate Market Snapshot
- Average Home Price (All Types): $564,409
- Average Home Price (Single Family Homes): $573,814
- Average Monthly Rental Price (All Types): Not Available
- Price-to-Rent Ratio: Not Available
- Zillow Projected % appreciation from 4/2023-4/2024: -0.7%
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Section 8 Housing Insights
- Average 2 Bedroom Section 8 Rental Rates: $1,530
- Average 3 Bedroom Section 8 Rental Rates: $2,090
- Price-to-Rent Ratio for 2 Bedroom Section 8 Properties: 30.74
- Price-to-Rent Ratio for 3 Bedroom Section 8 Properties: 22.5
- Number of Units Offered in Section 8 in the County: 3732
- Number of Occupied Units in Section 8 in the County: 3537
- Percentage of Section 8 Units Occupied in the County: 94.80000305%
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Historical & Recent Price Appreciation Rates
- Total % Appreciation since 1990 (Government Data): Not Available
- Total % Appreciation since 2000 (Government Data): 112.98
- YTD Appreciation (Backwards from 4/2023, Realtor Data): -2.33%
- 1-Year Appreciation (Backwards from 4/2023, Realtor Data): 2%
- 3-Year Appreciation (Backwards from 4/2023, Realtor Data): 30.72%
- 5-Year Appreciation (Backwards from 4/2023, Realtor Data): 36.35%
- 10-Year Appreciation (Backwards from 4/2023, Realtor Data): 73.35%
- 15-Year Appreciation (Backwards from 4/2023, Realtor Data): 34.33%
- 20-Year Appreciation (Backwards from 4/2023, Realtor Data): 93.47%
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Historical & Recent Rent Appreciation Rates
- YTD Rent Appreciation (Backwards from 4/2023, Realtor Data): Not Available%
- 1-Year Rent Appreciation (Backwards from 4/2023, Realtor Data): Not Available%
- 3-Year Rent Appreciation (Backwards from 4/2023, Realtor Data): Not Available%
- 5-Year Rent Appreciation (Backwards from 4/2023, Realtor Data): Not Available%