Why Live in Port Reading
Located at the northeast corner of Woodbridge Township, Port Reading is a former industrial district embracing a more residential future. “There are ten towns within Woodbridge, and Port Reading is one of them,” says Sukhwinder Kaur, a Realtor with J.J. Elek Realty Co. who has sold several homes across Woodbridge and Carteret. “Port Reading is a quiet neighborhood with starter homes. It’s pretty much a mixture of old and new properties; many of the older homes are being knocked down, and new ones are adding to the mix.” Nearly 4,000 people call this part of Woodbridge home, many of them working in local trucking and transportation jobs like Amazon or in the retail sector. Easy access to the New Jersey Turnpike, together with the impending arrival of a city-bound ferry in neighboring Carteret, contributes to Port Reading’s fast-changing character. Much of Port Reading’s housing stock dates to the first half of the 20th century, when the community developed due to the emergence of the railroad and oil refining businesses. Single-story and split-level homes built from the 1910s to 1960s have sold for between $410,000 and $450,000; these properties feature Cape Cod, ranch-style,
Home Trends in Port Reading, NJ
On average, homes in Port Reading, NJ sell after 41 days on the market compared to the national average of 50 days. The median sale price for homes in Port Reading, NJ over the last 12 months is $583,000, up 21% from the median home sale price over the previous 12 months.
Median Sale Price
$583,000
Median Single Family Sale Price
$564,999
Average Price Per Sq Ft
$397
Number of Homes for Sale
6
Last 12 months Home Sales
14
Median List Price
$564,999
Median Change From 1st List Price
0%
Median Home Sale Price YoY Change
21%