Foreclosure Homes in Boonton, NJ

Current Market Conditions in Boonton, NJ

Boonton's real estate market has been experiencing a steady growth, driven by the demand for suburban living and the town's appealing characteristics. Homes in Boonton are typically well-maintained, with a mix of historic properties and newer constructions, attracting a wide range of buyers from young professionals to families.

Right now, Boonton is witnessing a competitive market, with new listings selling quickly and often above the asking price. The inventory is limited, which has led to an increase in property values over the past year.

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.