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Foreclosure Homes in Berkeley Heights, NJ

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Berkeley Heights, NJ Foreclosures

How much do homes sell for in Berkeley Heights, NJ?
The average home price is currently $942,419.
In Berkeley Heights, NJ, how many homes are available?
There are currently 16 active home listings available in Berkeley Heights.
What’s the average rental cost in Berkeley Heights, NJ?
The average rental price in Berkeley Heights is $3,105.
What is the most expensive home in Berkeley Heights?
The most expensive home sold in Berkeley Heights had a price of $194,808,192.
What is currently the cheapest priced home in Berkeley Heights, NJ?
The cheapest home for sale in Berkeley Heights is priced at $80,629.

Living in Berkeley Heights, NJ

Berkeley Heights, NJ is a picturesque suburban community known for its family-friendly atmosphere, excellent schools, and beautiful parks. It offers a balance of tranquility and convenience, with easy access to New York City via public transport. Residents enjoy a variety of amenities and a strong sense of community.

Current Market Conditions in Berkeley Heights, NJ

The real estate market in Berkeley Heights has shown consistent growth over the past year. Home prices have been trending upward due to a high demand for properties in this desirable area. The combination of good schools and proximity to New York City continues to attract buyers, leading to a competitive market environment.

Currently, Berkeley Heights has an inventory shortage, resulting in homes selling quickly and often at or above asking price. This trend is projected to continue, making it a favorable market for sellers while offering a challenging landscape for buyers.

Home Value Estimator For Berkeley Heights, NJ

There are currently 4,330 real estate properties in Berkeley Heights, NJ, with a median automated valuation model (AVM) price of $824,370.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Berkeley Heights, 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 Berkeley Heights, NJ, is $942,419.00, with the most expensive house in Berkeley Heights, NJ, topping out at $194,808,192.00 and the cheapest home in Berkeley Heights, NJ, clocking in at $80,629.00. In other words, there’s something for every potential homebuyer or savvy investor in Berkeley Heights, NJ!

Rent Prices In Berkeley Heights, NJ

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Berkeley Heights, NJ, is on a rollercoaster ride. The average rent price in Berkeley Heights, NJ, is $3,105.00. Indeed, when looking to rent in Berkeley Heights, NJ, you can expect to pay as little as $1,400.00 or as much as $6,470.00, with the average rent median estimated to be $3,060.00. The good news is that finding an affordable and desirable property to rent in Berkeley Heights, 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.

Berkeley Heights, NJ Foreclosures


Market Trend for Berkeley Heights, NJ

Total Listings Available: 16

Market Values:

Home Prices from $80,629 to $194,808,192

Average Sales Price: $942,419

Rental Values:

Rental from $1,400 to $6,470

Average Rent Value: $3,105 / month

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