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Short Sale Listings in Alloway, NJ

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Living in Alloway, NJ

Alloway, NJ is a peaceful township in Salem County, known for its rural charm and strong community bonds. The area offers excellent schools, numerous parks for outdoor activities, and a relaxed lifestyle. Investing here means embracing the beauty of nature and close community living.

Current Market Conditions in Alloway, NJ

The real estate market in Alloway is currently stable, with a mix of affordable homes for first-time buyers and some higher-end properties. The township's growing appeal due to its community atmosphere and natural surroundings has led to a modest increase in home values.

Investors are taking notice of Alloway's potential, with more people looking to relocate from urban areas, seeking a quieter lifestyle. This trend is expected to continue, positioning Alloway as a desirable location for future investments.

Home Value Estimator For Alloway, NJ

There are currently 391 real estate properties in Alloway, NJ, with a median automated valuation model (AVM) price of $248,955.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Alloway, 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 Alloway, NJ, is $264,635.00, with the most expensive house in Alloway, NJ, topping out at $1,100,000.00 and the cheapest home in Alloway, NJ, clocking in at $29,140.00. In other words, there’s something for every potential homebuyer or savvy investor in Alloway, NJ!

Rent Prices In Alloway, NJ

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Alloway, NJ, is on a rollercoaster ride. The average rent price in Alloway, NJ, is $1,571.00. Indeed, when looking to rent in Alloway, NJ, you can expect to pay as little as $980.00 or as much as $2,440.00, with the average rent median estimated to be $1,550.00. The good news is that finding an affordable and desirable property to rent in Alloway, 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.

Alloway, NJ Short Sale Listings


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