City:
Colonia, NJ
Colonia is a city in the state of new-jersey with a population of roughly 18,205. It is in Middlesex County, New Jersey the New York-Newark-Jersey City, NY-NJ-PA core-based statistical areas (CBSA), and the New York-Newark, NY-NJ-CT-PA combined statistical area (CSA).Its Zip codes include 07067 .
The Changing Face of Colonia: Home Prices and Trends
Real estate in Colonia, NJ is a hot commodity. With a population of just over 10,000 people, the town has seen an influx of new residents in recent years. This has led to an increase in demand for housing and property.
The average price of a home in Colonia is $269,000. This is significantly higher than the national average of $183,500. The median household income in Colonia is also much higher than the national average at $109,000. This indicates that there are a lot of affluent residents in the town who are willing to pay high prices for properties.
One reason why real estate prices are so high in Colonia is because there are not many other options available. The town is located within close proximity to New York City and Philadelphia, which means that it has high demand from people who want to live close to major cities. Additionally, Colonia has excellent schools and infrastructure, which makes it an attractive place to live overall.
Price Index: New York-Jersey City-White Plains, NY-NJ (MSAD)
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