Boonton, NJ Foreclosures
How much do homes sell for in Boonton, NJ?
The average home price is currently $742,768.
In Boonton, NJ, how many homes are available?
There are currently 56 active home listings available in Boonton.
What’s the average rental cost in Boonton, NJ?
The average rental price in Boonton is $2,535.
What is the most expensive home in Boonton?
The most expensive home sold in Boonton had a price of $9,951,753.
What is currently the cheapest priced home in Boonton, NJ?
The cheapest home for sale in Boonton is priced at $141,281.
Living in Boonton, NJ
Boonton, NJ is a quaint town known for its historic charm, vibrant community life, and access to outdoor activities. With a mix of small-town appeal and modern amenities, it is an attractive place for families and professionals. Boonton is conveniently located with good transportation links, providing easy access to urban areas.
Current Market Conditions in Boonton, NJ
The real estate market in Boonton, NJ, is currently experiencing a strong demand due to its attractive lifestyle, excellent schools, and community amenities. Housing prices have steadily increased over the last year, driven by the influx of buyers looking for more space and suburban living options. This trend is expected to continue as more individuals seek to relocate from nearby urban areas.
As of now, the market is competitive, with homes often receiving multiple offers. The low inventory of available properties is also contributing to rising prices, making it a seller's market. Buyers may need to act quickly and be prepared to negotiate.
Home Value Estimator For Boonton, NJ
There are currently 4,987 real estate properties
in Boonton, NJ,
with a median automated valuation model (AVM) price
of $666,423.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Boonton, 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 Boonton, NJ,
is $742,768.00, with the most expensive house
in Boonton, NJ, topping out
at $9,951,753.00 and the cheapest home
in Boonton, NJ,
clocking in at $141,281.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Boonton, NJ!
Rent Prices
In Boonton, NJ
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Boonton, NJ, is on
a rollercoaster ride. The
average rent price in Boonton, NJ,
is $2,535.00. Indeed, when looking to rent in
Boonton, NJ, you can expect to pay as little
as $1,150.00 or as much
as $6,040.00,
with the average rent median estimated to
be $2,410.00. The good news is that finding
an affordable and desirable property to rent in Boonton, 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.
Learn more on Foreclosure homes
