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Short Sale Listings in Bloomfield, NJ 07003

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Bloomfield, NJ Foreclosures

How much do homes sell for in Bloomfield, NJ?
The average home price is currently $576,529.
In Bloomfield, NJ, how many homes are available?
There are currently 54 active home listings available in Bloomfield.
What’s the average rental cost in Bloomfield, NJ?
The average rental price in Bloomfield is $2,164.
What is the most expensive home in Bloomfield?
The most expensive home sold in Bloomfield had a price of $26,302,439.
What is currently the cheapest priced home in Bloomfield, NJ?
The cheapest home for sale in Bloomfield is priced at $40,000.

Living in Bloomfield, NJ

Bloomfield, NJ, is a vibrant township with a rich history and welcoming community. Its proximity to New York City makes it an attractive location for commuters. The township is known for its parks, schools, and diverse dining options, providing a balanced lifestyle for residents.

Current Market Conditions in Bloomfield, NJ

The real estate market in Bloomfield is currently competitive, with a steady demand for homes due to its attractive suburban lifestyle and proximity to urban amenities. Home values have seen upward trends, reflecting the area’s desirability and the increasing interest from first-time buyers and investors alike.

Recent developments and renovations have added to the appeal of Bloomfield, making it a prime location for home buyers. The combination of a strong local economy, ongoing infrastructure improvements, and a growing population supports a robust housing market.

Home Value Estimator For Bloomfield, NJ

There are currently 12,145 real estate properties in Bloomfield, NJ, with a median automated valuation model (AVM) price of $582,960.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Bloomfield, 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 Bloomfield, NJ, is $576,529.00, with the most expensive house in Bloomfield, NJ, topping out at $26,302,439.00 and the cheapest home in Bloomfield, NJ, clocking in at $40,000.00. In other words, there’s something for every potential homebuyer or savvy investor in Bloomfield, NJ!

Rent Prices In Bloomfield, NJ

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Bloomfield, NJ, is on a rollercoaster ride. The average rent price in Bloomfield, NJ, is $2,164.00. Indeed, when looking to rent in Bloomfield, NJ, you can expect to pay as little as $1,040.00 or as much as $3,850.00, with the average rent median estimated to be $2,310.00. The good news is that finding an affordable and desirable property to rent in Bloomfield, 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.

Bloomfield, NJ 07003 Short Sale Listings

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