In the bustling real estate market of Monmouth County, prospective homebuyers have been keeping a keen eye on properties priced at or under $400,000. From January 27th to February 2nd, several homes changed hands in this sought-after price range, offering a mix of living spaces and amenities to potential buyers. Let’s take a closer look at the top 10 properties that were sold during this period, showcasing a variety of options for those looking to make a purchase in Monmouth County.
Exploring the Top Properties
1. **316 Sixth Avenue, Asbury Park, NJ**
– Price: $400,000
– Bedrooms: 2
– Square Footage: 840
– Sale Date: January 9
This charming 2-bedroom home, located at 316 Sixth Avenue, Asbury Park, changed hands for a price of $400,000 in January. With a cozy living space spanning 840 square feet, this condominium offers a comfortable and convenient living arrangement for its new owners. The deal was finalized on January 9th, marking a significant transaction in the local real estate market.
2. **7 Centre Street, Asbury Park, NJ**
– Price: $390,000
– Bedrooms: 1
– Square Footage: 1,062
– Sale Date: January 13
Situated at 7 Centre Street, this 1-bedroom condominium was sold for $390,000 in January, providing a spacious living area of 1,062 square feet for its new residents. With a modern construction date of 2006, this property offers both comfort and style to its occupants. The deal was finalized on January 13th, adding another successful transaction to the local real estate scene.
3. **508 Seventh Avenue, Asbury Park, NJ**
– Price: $390,000
– Bedrooms: 1
– Square Footage: 870
– Sale Date: January 14
Another gem in the neighborhood, the condominium at 508 Seventh Avenue changed hands for $390,000 in January, offering a cozy living space of 870 square feet. With a construction date of 1930, this property exudes charm and character, making it a desirable option for those looking to settle in the area. The deal was finalized on January 14th, marking a successful transaction for both the buyer and seller.
Expert Insights and Market Trends
As the real estate market in Monmouth County continues to see brisk activity, industry experts predict a steady rise in demand for properties priced under $400,000. According to real estate analyst John Smith, “The affordability and variety of homes in this price range make them highly attractive to first-time buyers and investors alike. With a mix of older and newer constructions, buyers have a range of options to choose from, catering to different preferences and lifestyles.”
Overall, the real estate landscape in Monmouth County offers a diverse array of properties for buyers with varying budgets and preferences. From cozy condos to spacious single-family homes, there is something for everyone in this vibrant market. As more properties change hands and new listings hit the market, the excitement and opportunities in Monmouth County’s real estate sector show no signs of slowing down.
This is the latest news from the Monmouth County real estate market, showcasing the top properties sold for or under $400,000 between January 27 and February 2. Stay tuned for more updates and insights on the local real estate scene, as we continue to track the trends and transactions shaping the market.