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Foreclosure Homes in Bound Brook, NJ 08805

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Bound Brook, NJ Foreclosures

How much do homes sell for in Bound Brook, NJ?
The average home price is currently $518,256.
In Bound Brook, NJ, how many homes are available?
There are currently 93 active home listings available in Bound Brook.
What’s the average rental cost in Bound Brook, NJ?
The average rental price in Bound Brook is $2,126.
What is the most expensive home in Bound Brook?
The most expensive home sold in Bound Brook had a price of $5,936,726.
What is currently the cheapest priced home in Bound Brook, NJ?
The cheapest home for sale in Bound Brook is priced at $14,362.

Living in Bound Brook, NJ

Bound Brook, NJ, is a picturesque town with a rich history, ideal for families and commuters alike. Its excellent schools, vibrant downtown, and easy access to public transport create a welcoming environment. Investors will find a steady housing market amid its cultural and recreational offerings.

Current Market Conditions in Bound Brook, NJ

The real estate market in Bound Brook is currently showing positive trends, with a steady increase in property values and demand. This is attributed to the town's community-oriented atmosphere, attractive amenities, and proximity to larger metropolitan areas, which draws interest from both homebuyers and investors.

Inventory levels remain balanced, providing opportunities for first-time homebuyers and seasoned investors. As more developments arise in and around the area, the demand for housing is expected to increase, making this an opportune time for real estate investment.

Home Value Estimator For Bound Brook, NJ

There are currently 3,064 real estate properties in Bound Brook, NJ, with a median automated valuation model (AVM) price of $504,344.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Bound Brook, 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 Bound Brook, NJ, is $518,256.00, with the most expensive house in Bound Brook, NJ, topping out at $5,936,726.00 and the cheapest home in Bound Brook, NJ, clocking in at $14,362.00. In other words, there’s something for every potential homebuyer or savvy investor in Bound Brook, NJ!

Rent Prices In Bound Brook, NJ

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Bound Brook, NJ, is on a rollercoaster ride. The average rent price in Bound Brook, NJ, is $2,126.00. Indeed, when looking to rent in Bound Brook, NJ, you can expect to pay as little as $1,140.00 or as much as $4,210.00, with the average rent median estimated to be $2,080.00. The good news is that finding an affordable and desirable property to rent in Bound Brook, 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.

Bound Brook, NJ 08805 Foreclosures


Market Trend for Bound Brook, NJ

Total Listings Available: 93

Market Values:

Home Prices from $14,362 to $5,936,726

Average Sales Price: $518,256

Rental Values:

Rental from $1,140 to $4,210

Average Rent Value: $2,126 / month

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