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Preforeclosure Homes in Boonton, NJ

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Living in Boonton, NJ

Boonton, NJ is a quaint town characterized by its rich historical backdrop and a strong sense of community. With an array of parks and recreational options, residents can enjoy an active lifestyle. The town's good schools and proximity to major transportation hubs make it an appealing choice for families and commuters alike.

Current Market Conditions in Boonton, NJ

The real estate market in Boonton, NJ is currently witnessing a steady increase in property values, reflecting the area's desirability. Homes are selling quickly due to the higher demand and limited inventory, making it a competitive market for buyers.

Investors can benefit from the rising trend in home prices, as the area continues to attract new residents. The historical appreciation of property values in Boonton indicates a promising outlook for long-term investments.

Home Value Estimator For Boonton, NJ

There are currently 4,973 real estate properties in Boonton, NJ, with a median automated valuation model (AVM) price of $675,293.00. 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 $750,210.00, with the most expensive house in Boonton, NJ, topping out at $9,961,162.00 and the cheapest home in Boonton, NJ, clocking in at $119,784.00. 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.

Boonton, NJ Preforeclosure Homes


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