Real Estate

This Is The Cheapest Place In NJ To Buy A House, Study Says

The study used data from the Zillow Home Value Index and U.S. Census Bureau population data to find places where houses are a steal.

CAMDEN, NJ — Could you live in Camden, a city in South Jersey?

Would your answer change if moving to Camden meant you could shave tens of thousands of dollars off the price of a home?

The personal finance website GOBankingRates used data from the Zillow Home Value Index and U.S. Census Bureau population data to find the places in all 50 states where houses are a steal.

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According to Zillow, the average single-family home in the United States is valued at about $367,711. Compare that to $151,947 in Camden.

Some of the current Camden home listings on Zillow include:

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  • 1240 Chase Street ($154,900)
    • Single-family residence
    • Built in 1920
    • Modern floor plan with all-new flooring and a large, fenced-in backyard
  • 801 Fairview Street ($84,995)
    • Multi-family
    • Commercial space on the first floor with a half-bath
    • Two-bed, one bath on the second floor
  • 2682 N Congress Road ($199,000)
    • Single-family residence
    • Built in 1930
    • Renovated three-bed with original woodwork and doors
    • Hardwood floors and stained glass
  • 812 Tulip Street ($139,900)
    • Townhouse
    • Built in 1925
    • Four-bedroom, two-bath located in the heart of Morgan Village
    • 1,999 square feet lot

The houses may be cheap, but what’s the community of Camden like?

For those who are looking for a fun way to spend the day or just love marine life, you’ll be close to Adventure Aquarium on Riverside Drive in Camden, which is home to a vast collection of animals and offers up-close animal encounters and interactive touch exhibits.

The Camden community is also known for its strong musical roots, with gospel groups such as Voices of Hope Open Mic and the city’s free summer concert series bringing live music to residents.

Additionally, for those who are looking to commute easily from home, Camden offers a variety of transportation options for residents and is just a quick train, bus, or car ride away from Philadelphia.

The smallest place on the list is Brian Head, Utah. Originally known as Monument Peak, a town of 49 with a history rooted in exploration and logging.

Also, with populations under 100 are a pair of former mining towns often described as “living ghost towns”: Austin, Nevada, population 47, and Johannesburg, California, population 77.

Other specks on the map with populations under 500 include Bly, Oregon (population 123); Davidson, Oklahoma (159); Medicine Lake, Montana (190); Kitzmiller, Maryland (192); Lyon Mountain, New York (240); Drake North Dakota (245); Mystic, Iowa (257); Roxobel, North Carolina (347); Whiteface, Texas (390); Bowie, Arizona (399); Elmore, Minnesota (442); Pierce, Idaho (465); and Lind, Washington (491).

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