Why is Guttenberg a Preferred Location to buy a Property in New Jersey?

Are you planning on buying a property in Hudson County, New Jersey? Then, Guttenberg can be an ideal location for you. An excellent combination of a serene atmosphere and vibrant community has made Guttenberg one of the best towns to invest in a property and lead a peaceful life with near and dear ones. Getting in touch with a reputed Guttenberg Real Estate Broker is the key to accessing a myriad of verified options and opting for the most suitable one. If you would like to settle down in an awe-inspiring location in New Jersey, let a best-in-class property in Guttenberg fulfill your dreams.

What should you know before investing in the Guttenberg Real Estate Market

Understanding the location where you plan to invest helps you make a better decision. While professional real estate agents of Guttenberg can help you best in this regard, you can get basic knowledge about Guttenberg’s history and geography, here.

Sources suggest that Guttenberg got its name from ‘Johannes Gutenberg’ who came up with the European version of the printing press. However, a few other sources indicate that the name Guttenberg is inspired by a German term meaning -good village. Earlier, this town was a farm that was owned by William Cooper but later on, it was sold to the New Yorkers group in 1853. The identity of a town was provided to Guttenberg in 1859. Though, in the beginning, it was Union Township’s part but in 1861, it became a fully independent town. Located in the northern region of Hudson County (New Jersey, US), the town of Guttenberg was declared the “most densely populated incorporated municipality in the United States” (2010 Census). It is also regarded as one of the most densely populated municipalities in the world.

Located over the Hudson Palisades, south of Woodcliff and the Racetrack Section in North Bergen and north of West New York, the town of Guttenberg comprises four blocks where most of the people live in stunning skyscrapers. Overlooking the Hudson River and offering an amazing bird’s eye view along with beautiful scenery, Guttenberg serves as one of the ideal locations to live or buy/sell property in Hudson Country. All these factors, along with others, have taken the demand and popularity of the Real Estate Market in Guttenberg to the next level.

More about Guttenberg

The population of Guttenberg is 11,176. There are a total of 4,839 housing units and 4,355 apartments present in this town. Note that the general tax rate in 2021 was 3.882% and the effective tax rate in 2021 was 2.640%.

Reach out to a best-in-class Guttenberg NJ Realtor with your requirements and expectations to find your dream property on a budget. Always verify the authenticity, credibility, and customer support when it comes to choosing a real estate agent in Guttenberg.

Real Estate Trends in Guttenberg

As of 31st August 2022, the average sale prices of properties in Guttenberg are $387,630. Moreover, 82 units have been sold in the last 12 months. 47 active property listings are available in Guttenberg as of August 2022. The absorption rate of the real estate market in Guttenberg is 8.3. The original discount from the first list price was 3.2% whereas the discount from the last price was 2.3% as of 31st August 2022.

Wrapping Up

Guttenberg has already been marked as among the finest examples of real estate in Hudson County. There are many options are waiting for home buyers and property investors. Contact a reliable Real Estate Broker in Guttenberg today and get your dream home.