Cash-buyer and investment activity over the last 12 months.
Data last updated
In East Hanover Township, investors own about 6 tracked properties across 4 active buyers, with a median investor purchase price near $233,000. 2 were acquired in the last 12 months.
Acquisition pace is accelerating: 2 properties bought in the last 12 months against roughly 1 the year before, up about 100%. Competition for contracts is rising, and buyers who were quiet a year ago are active again.
Most capital here runs buy & hold — 100.0% of tracked activity. Because these buyers underwrite to cash flow, a credible rent figure moves a deal further than a renovation estimate.
Activity is not spread evenly. ZIPs 17028, 17036 and 17078 are absorbing the most investor purchases in East Hanover, and they are the fastest place to start a buyer list before working outward through the rest of the city.
Investor ownership in East Hanover runs to roughly 6 properties, spread across 4 active buyers. At under 0.5 deals per buyer in 12 months, no small group controls this market; expect to work a longer list for the same volume.
Typical deal size in East Hanover sits around $233,000. The average of $254,000 is close behind, so purchases cluster in a fairly tight band rather than splitting into price tiers.
Figures describe recorded investor purchases in this city and are refreshed as new records are processed. They describe past activity and are not a forecast or investment advice.