Analytics built by: Location, Inc.
Raw data sources: American Community Survey (U.S. Census Bureau), U.S. Department of Housing and Urban Development, Federal Housing Finance Agency.
Methodology: NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Read more
With 4,311 people, 1,853 houses or apartments, and a median cost of homes of $426,862, real estate costs in Atlantic Highlands are among some of the highest in the nation, although house prices here don't compare to real estate prices in the most expensive New Jersey communities.
Single-family detached homes are the single most common housing type in Atlantic Highlands, accounting for 74.89% of the borough's housing units. Other types of housing that are prevalent in Atlantic Highlands include large apartment complexes or high rise apartments ( 16.31%), duplexes, homes converted to apartments or other small apartment buildings ( 6.55%), and a few row houses and other attached homes ( 2.25%).
Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Atlantic Highlands. Owner-occupied housing accounts for 78.65% of Atlantic Highlands's homes, and 55.98% have either three or four bedrooms, which is average sized relative to America.
The housing in Atlantic Highlands was primarily built before 1939 ( 39.92%), making the housing stock in Atlantic Highlands some of the oldest overall in America, although there is a range of ages of homes in Atlantic Highlands. The next most important housing age is between 1940-1969 ( 28.36%), followed by between 1970-1999 ( 26.11%). There's also some housing in Atlantic Highlands built between 2000 and later ( 5.60%).
Atlantic Highlands's appreciation rate notably has been below the national average for the last ten years. The average annual home appreciation rate in Atlantic Highlands during the period has been just -1.13%, which is lower than 70% of US communities.
NeighborhoodScout's data show that during the latest twelve months, Atlantic Highlands's appreciation rate, at 4.99%, has been at or slightly above the national average. In the latest quarter, Atlantic Highlands's appreciation rate has been 0.66%, which annualizes to a rate of 2.68%.
Relative to New Jersey, our data show that Atlantic Highlands's latest annual appreciation rate is higher than 80% of the other cities and towns in New Jersey.
|$833,001 - $1,111,000||3.5|
|$555,001 - $833,000||12.7|
|$444,001 - $555,000||16.6|
|$333,001 - $444,000||28.3|
|$222,001 - $333,000||21.4|
|$111,001 - $222,000||7.0|
|$55,001 - $111,000||0.6|
|$0 - $55,000||2.1|
|Value Relative to Nation||Value Relative to State|
|Time Period||Total Appreciation||Avg. Annual Rate||
2016 Q4 - 2017 Q1
Last 12 Months:
2016 Q1 - 2017 Q1
Last 2 Years:
2015 Q1 - 2017 Q1
Last 5 Years:
2012 Q1 - 2017 Q1
Last 10 Years:
2007 Q1 - 2017 Q1
2000 Q1 - 2017 Q1
|* 10 is highest|
|AGE OF Atlantic Highlands HOMES|
|2000 or Newer||5.6|
|1970 - 1999||26.1|
|1940 - 1969||28.4|
|1939 or Older||39.9|
|TYPE OF Atlantic Highlands HOMES|
|Small Apt. Buildings||6.6|
|SIZE OF Atlantic Highlands HOMES|
|5 or more bedrooms||5.00|