Foreclosure Homes in Plainfield, NJ 07060

Current Market Conditions in Plainfield, NJ

The real estate market in Plainfield has shown strong growth in recent years, with an increase in property values due to rising demand and limited inventory. The city’s neighborhood revitalization efforts have attracted new investors, leading to a competitive market.

Investors can expect a diverse array of property types, from single-family homes to multi-family units, appealing to various demographics. Local economic factors, including job growth and community development initiatives, contribute to a promising investment climate.

Rent Prices In Plainfield, NJ

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Plainfield, NJ, is on a rollercoaster ride. The average rent price in Plainfield, NJ, is $1,914.00. Indeed, when looking to rent in Plainfield, NJ, you can expect to pay as little as $1,120.00 or as much as $3,100.00, with the average rent median estimated to be $1,890.00. The good news is that finding an affordable and desirable property to rent in Plainfield, 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.