There are currently 2,877 real estate properties in Belle Mead, NJ, with a median automated valuation model (AVM) price of $686,000.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Belle Mead, 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 Belle Mead, NJ, is $689,845.00, with the most expensive house in Belle Mead, NJ, topping out at $2,342,000.00 and the cheapest home in Belle Mead, NJ, clocking in at $116,100.00. In other words, there’s something for every potential homebuyer or savvy investor in Belle Mead, NJ!
With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Belle Mead, NJ, is on a rollercoaster ride. The average rent price in Belle Mead, NJ, is $3,406.00. Indeed, when looking to rent in Belle Mead, NJ, you can expect to pay as little as $1,580.00 or as much as $6,340.00, with the average rent median estimated to be $3,420.00. The good news is that finding an affordable and desirable property to rent in Belle Mead, 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.
Find the best foreclosure homes listings for sale — bank-owned, government (Fannie Mae, Freddie Mac, HUD, etc.) and others — in and near the Belle Mead, NJ area at Foreclosure.com. Get information on foreclosure homes for rent, how to buy foreclosures in Belle Mead, NJ and much more. Save thousands at closing with home foreclosure listings in Belle Mead, NJ — up to 75% off market value!
Belle Mead is located in Somerset, New Jersey, with an estimated municipal population of 203 residents. All of the best foreclosed homes for sale in Belle Mead are located in the following zip code areas on Foreclosure.com: 08502. The estimated population per square kilometer (.62 miles) in Belle Mead is 109.
So, about how much do homes cost in Belle Mead? The most recent median value of resident-owned homes in Belle Mead is 303,566. An estimated 100 percent of households in Belle Mead own their homes, with an average family size of 3.07. The median household income in Belle Mead is 97,625, with38.3 percentage of households earning at least $100,000 annually. For working parents and professionals who are searching for cheap homes in Belle Mead, the median commute time of resident workers (in minutes) is 37.6.
Where a home is located is almost just as important as the home itself. Whether you are a first-time homebuyer or are relocating to Belle Mead, it is essential to take a deep dive into your potential future neighborhood. Homeownership is often a long-term relationship; therefore, be sure to do your due diligence to ensure that you make the best long-term decision.
The median age of residents in Belle Mead is 37.6, split between 48.3 percent male versus 51.7 female. The percentage of residents who report being married in Belle Mead is 49.4, with an average family size of 3.07.
The percentage of residents who report their race in Belle Mead is as follows:
|Black / African American||0%|
|American Indian / Alaskan Native||0%|
|Native Hawaiian / Other Pacifc Islander||0%|
Looking for family-friendly neighborhoods in and/or near Belle Mead? Or maybe you are searching for 55+ active adult communities in and/or near Belle Mead?
The percentage of residents who report their age in Belle Mead is as follows:
It was a rollercoaster ride for academics in 2020, with school districts throughout the nation transferring their classes online because of the global pandemic. Numerous school districts will continue online courses, while others will welcome students back to campus. Regardless, homebuyers are shopping for homes in Belle Mead with dedicated in-home learning spaces, as well as for homes located within the best school systems for in-person instruction in Belle Mead.
How do you know that living in -- or moving to -- Belle Mead is right where you need to be? Perhaps you grew up in Belle Mead or already live nearby; therefore, the decision to buy a home in Belle Mead is a no-brainer. For others, however, it may not be such a straightforward or simple decision. Whether you are relocating to Belle Mead for work or just looking for a fresh start, getting a read on a neighborhood from afar (online) can be tricky... and exhausting.
Here are some questions to ask yourself when shopping for foreclosed homes for sale in Belle Mead:
In short, it always helps to create a “Pros vs. Cons” list of what you need in a home and/or neighborhood like Belle Mead.
Prospective homebuyers are clearly taking advantage of the low interest rates and numerous government assistance programs. These low interest rates mean homebuyers in Belle Mead can now afford much more house for the same monthly payment (if interest rates were higher). Motivated and opportunistic sellers in Belle Mead, meanwhile, can field multiple offers from more qualified buyers.