Bubble Wrap
Entry
NJ rental market continues to grow
According to the Bergen Record the rental occupancy rate in New Jersey has risen to 97 percent with an average rent of $1,453 per month, coupled with many significant rental projects being completed in the last few years.
The mortgage crisis and uncertainty about housing prices have meant that many people who might have bought houses are instead choosing to rent. In addition, renters who can’t afford Manhattan prices have been moving across the Hudson River to New Jersey, especially along the waterfront.
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posted about 16 months ago
