Belleville, NJ Foreclosures
Current Market Conditions in in Belleville, NJ As of January 2026?
Over the past month, Belleville's real estate market experienced a slight uptick in home prices, primarily attributed to a lack of inventory and an increase in buyer activity. Properties that are well-maintained and priced competitively often receive multiple offers, leading to quicker sales. This month also witnessed an increase in engagement from investors seeking rental properties given the strong demand for housing in the area. However, prospective buyers still face challenges due to limited options.
How much do homes sell for in Belleville, NJ?
The average home price is currently $565,367.
In Belleville, NJ, how many homes are available?
There are currently 38 active home listings available in Belleville.
What’s the average rental cost in Belleville, NJ?
The average rental price in Belleville is $2,051.
What is the most expensive home in Belleville?
The most expensive home sold in Belleville had a price of $86,911,648.
What is currently the cheapest priced home in Belleville, NJ?
The cheapest home for sale in Belleville is priced at $14,848.
Living in Belleville, NJ
Belleville, NJ, is a thriving township in Essex County that boasts easy access to New York City and a rich selection of local amenities. With diverse dining options, ample green spaces, and a community-oriented atmosphere, Belleville is ideal for families and young professionals alike. Enjoy cultural events, parks, and a suburban lifestyle with city conveniences just a train ride away.
Buyer vs Seller Market in Belleville, NJ
The real estate market in Belleville, NJ, is currently burgeoning, with home prices steadily rising due to the area’s appealing characteristics such as proximity to NYC and a strong community vibe. Buyers are showing increased interest, particularly in single-family homes, which drives competition in the market. The neighborhood is seeing revitalization efforts, further fueling desirability among prospective homeowners and investors.
There is a notable trend towards more first-time buyers entering the market, seeking affordable alternatives to nearby cities while still enjoying urban conveniences. Foreclosures are less frequent, indicating a stable market with homeowners remaining invested in their properties.
Home Value Estimator For Belleville, NJ
There are currently 8,895 real estate properties
in Belleville, NJ,
with a median automated valuation model (AVM) price
of $520,647.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Belleville, 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 Belleville, NJ,
is $565,367.00, with the most expensive house
in Belleville, NJ, topping out
at $86,911,648.00 and the cheapest home
in Belleville, NJ,
clocking in at $14,848.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Belleville, NJ!
Rent Prices
In Belleville, NJ
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Belleville, NJ, is on
a rollercoaster ride. The
average rent price in Belleville, NJ,
is $2,051.00. Indeed, when looking to rent in
Belleville, NJ, you can expect to pay as little
as $1,040.00 or as much
as $3,330.00,
with the average rent median estimated to
be $2,040.00. The good news is that finding
an affordable and desirable property to rent in Belleville, 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.
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