Land Foreclosures in Bergenfield, NJ 07621

Current Market Conditions in Bergenfield, NJ

The real estate market in Bergenfield has remained stable with slight appreciation in property values over the past year. Buyers are drawn to the area due to its reputation for high-quality schools and thriving community life. The demand for homes in Bergenfield continues to grow as more families seek suburban environments that offer a mix of urban amenities and green spaces.

Over the past month, the housing market in Bergenfield has shown signs of increased activity, with a rise in offer prices and a lower average time on the market. Supply remains tight, contributing to competitive bidding situations, especially for homes priced below the median.

In the broader context of Bergenfield's real estate trends, many homes continue to be sold quickly, reflecting a healthy demand supported by favorable mortgage rates. Investors and first-time homebuyers alike are identifying opportunities in this appealing market.

Rent Prices In Bergenfield, NJ

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Bergenfield, NJ, is on a rollercoaster ride. The average rent price in Bergenfield, NJ, is $2,221.00. Indeed, when looking to rent in Bergenfield, NJ, you can expect to pay as little as $1,310.00 or as much as $4,450.00, with the average rent median estimated to be $2,240.00. The good news is that finding an affordable and desirable property to rent in Bergenfield, 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.