Living in Bordentown, NJ
Bordentown, NJ is a historic city with a rich cultural heritage and a vibrant community spirit. It features charming homes, parks, and a variety of local businesses. The area offers easy access to transportation routes, making commuting a breeze while providing a peaceful residential environment for families and professionals.
Current Market Conditions in Bordentown, NJ
The real estate market in Bordentown is experiencing a steady increase in demand as buyers seek the unique charm this city has to offer. Properties in the area are held in high regard due to the quality of schools, community parks, and local amenities. The market is seeing a good mix of historic homes and newer constructions, appealing to a diverse demographic.
In the past year, Bordentown's real estate market has shown resilience and growth, with a steady appreciation in home values. The city is positioned as a desirable location, offering buyers and investors opportunities to lock in homes before prices potentially rise further. As the trend continues, more families are moving in, drawn by the suburban charm coupled with a historical background.
Home Value Estimator For Bordentown, NJ
There are currently 5,571 real estate properties
in Bordentown, NJ,
with a median automated valuation model (AVM) price
of $435,361.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Bordentown, 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 Bordentown, NJ,
is $467,398.00, with the most expensive house
in Bordentown, NJ, topping out
at $7,893,353.00 and the cheapest home
in Bordentown, NJ,
clocking in at $18,006.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Bordentown, NJ!
Rent Prices
In Bordentown, NJ
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Bordentown, NJ, is on
a rollercoaster ride. The
average rent price in Bordentown, NJ,
is $2,038.00. Indeed, when looking to rent in
Bordentown, NJ, you can expect to pay as little
as $1,070.00 or as much
as $4,250.00,
with the average rent median estimated to
be $1,970.00. The good news is that finding
an affordable and desirable property to rent in Bordentown, 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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