Boonton, NJ Foreclosures
Current Market Conditions in in Boonton, NJ As of March 2026?
In the past month, Boonton's real estate market has shown a slight uptick in home sales, suggesting a renewed interest from buyers. Prices have stabilized after previous fluctuations, making it an excellent time for sellers looking to enter the market. The overall number of homes sold has increased, indicating that the area remains attractive to both new residents and investors.
How much do homes sell for in Boonton, NJ?
The average home price is currently $764,027.
In Boonton, NJ, how many homes are available?
There are currently 33 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 $23,186,504.
What is currently the cheapest priced home in Boonton, NJ?
The cheapest home for sale in Boonton is priced at $23,265.
Living in Boonton, NJ
Boonton, NJ is a scenic township in Morris County, offering a unique blend of historic charm and modern living. It's known for its vibrant downtown area, excellent education options, and numerous outdoor recreational activities. With easy access to public transportation and major highways, commuting to NYC is a breeze, making it ideal for professionals and families alike.
Buyer vs Seller Market in Boonton, NJ
The Boonton real estate market has been experiencing steady growth, characterized by increasing home values and a low inventory of available properties. This trend reflects a robust demand for homes in the area, driven by its desirable location, community amenities, and schools.
With a mix of single-family homes, townhouses, and condos, Boonton offers a variety of options for prospective buyers. As more people seek suburban living close to urban centers, the demand for housing in Boonton is expected to continue rising.
Home Value Estimator For Boonton, NJ
There are currently 5,229 real estate properties
in Boonton, NJ,
with a median automated valuation model (AVM) price
of $670,344.00. 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 $764,027.00, with the most expensive house
in Boonton, NJ, topping out
at $23,186,504.00 and the cheapest home
in Boonton, NJ,
clocking in at $23,265.00. 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.
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