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Cheap Homes in Avenel, NJ

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Avenel, NJ Foreclosures

How much do homes sell for in Avenel, NJ?
The average home price is currently $385,046.
In Avenel, NJ, how many homes are available?
There are currently 9 active home listings available in Avenel.
What’s the average rental cost in Avenel, NJ?
The average rental price in Avenel is $2,027.
What is the most expensive home in Avenel?
The most expensive home sold in Avenel had a price of $3,558,672.
What is currently the cheapest priced home in Avenel, NJ?
The cheapest home for sale in Avenel is priced at $76,829.

Living in Avenel, NJ

Avenel, NJ is a charming suburban community located within Woodbridge Township. It features a blend of residential homes, parks, and local amenities, making it ideal for families and young professionals. With convenient access to key transportation routes and a welcoming neighborhood atmosphere, Avenel is a great place to call home.

Current Market Conditions in Avenel, NJ

Avenel's real estate market has shown resilience, with a steady influx of buyers interested in the suburban lifestyle it offers. As of late 2023, the market has been characterized by a balance between demand and available inventory, leading to stable home prices and competitive offers during listings.

The prices of homes in Avenel have shown moderate growth over the past year, reflecting the area's desirability for families and commuters alike. Investors are also taking note, as rental properties in the area remain in demand due to the continued growth of the local economy and nearby job centers.

Home Value Estimator For Avenel, NJ

There are currently 2,962 real estate properties in Avenel, NJ, with a median automated valuation model (AVM) price of $369,698.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Avenel, 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 Avenel, NJ, is $385,046.00, with the most expensive house in Avenel, NJ, topping out at $3,558,672.00 and the cheapest home in Avenel, NJ, clocking in at $76,829.00. In other words, there’s something for every potential homebuyer or savvy investor in Avenel, NJ!

Rent Prices In Avenel, NJ

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Avenel, NJ, is on a rollercoaster ride. The average rent price in Avenel, NJ, is $2,027.00. Indeed, when looking to rent in Avenel, NJ, you can expect to pay as little as $1,140.00 or as much as $3,570.00, with the average rent median estimated to be $1,970.00. The good news is that finding an affordable and desirable property to rent in Avenel, 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.

Cheap Homes in Avenel, NJ

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