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Foreclosure Homes in Cedar Grove, NJ 07009

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Cedar Grove, NJ Foreclosures

How much do homes sell for in Cedar Grove, NJ?
The average home price is currently $794,832.
In Cedar Grove, NJ, how many homes are available?
There are currently 28 active home listings available in Cedar Grove.
What’s the average rental cost in Cedar Grove, NJ?
The average rental price in Cedar Grove is $2,498.
What is the most expensive home in Cedar Grove?
The most expensive home sold in Cedar Grove had a price of $20,000,000.
What is currently the cheapest priced home in Cedar Grove, NJ?
The cheapest home for sale in Cedar Grove is priced at $159,208.

Living in Cedar Grove, NJ

Cedar Grove, NJ, is a charming suburban town in Essex County offering a peaceful lifestyle with excellent schools and ample green spaces. Residents enjoy easy access to shopping, dining, and outdoor activities, making it an ideal community for families and individuals alike. With its close proximity to NYC, Cedar Grove combines suburban tranquility with urban convenience.

Current Market Conditions in Cedar Grove, NJ

The Cedar Grove real estate market has shown steady growth over the past year, with an increase in demand for single-family homes driven by families seeking a quiet environment with good schools and recreational amenities. Home prices are moderately priced compared to neighboring towns, making it an appealing choice for many buyers.

Currently, the market is competitive, with homes typically receiving multiple offers. This trend is expected to continue as more buyers are drawn to Cedar Grove's charm and quality of life.

Home Value Estimator For Cedar Grove, NJ

There are currently 3,979 real estate properties in Cedar Grove, NJ, with a median automated valuation model (AVM) price of $706,316.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Cedar Grove, NJ, based on current market trends, comparable real estate sales nearby, historical data and, of course, property features, among other variables. These automated home estimates are often very helpful, providing buyers and sellers with a better idea of a home’s value ahead of the negotiation process. For example, the average home price in Cedar Grove, NJ, is $794,832.00, with the most expensive house in Cedar Grove, NJ, topping out at $20,000,000.00 and the cheapest home in Cedar Grove, NJ, clocking in at $159,208.00. In other words, there’s something for every potential homebuyer or savvy investor in Cedar Grove, NJ!

Rent Prices In Cedar Grove, NJ

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Cedar Grove, NJ, is on a rollercoaster ride. The average rent price in Cedar Grove, NJ, is $2,498.00. Indeed, when looking to rent in Cedar Grove, NJ, you can expect to pay as little as $1,290.00 or as much as $6,700.00, with the average rent median estimated to be $2,430.00. The good news is that finding an affordable and desirable property to rent in Cedar Grove, NJ -- whether it’s apartments, townhomes, condominiums or single-family homes -- is made easier with knowledge of the local market and, of course, a little patience.

Cedar Grove, NJ 07009 Foreclosures


Market Trend for Cedar Grove, NJ

Total Listings Available: 28

Market Values:

Home Prices from $159,208 to $20,000,000

Average Sales Price: $794,832

Rental Values:

Rental from $1,290 to $6,700

Average Rent Value: $2,498 / month

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