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Foreclosure Homes in Budd Lake, NJ

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Budd Lake, NJ Foreclosures

Current Market Conditions in in Budd Lake, NJ As of February 2026?
In the past month, Budd Lake has seen a slight uptick in home prices due to a continued interest in suburban living. The average time homes are on the market has decreased, indicating that buyers are quickly capitalizing on available properties. Investors are particularly interested in county homes as they offer good potential for appreciation in an area with limited inventory.
How much do homes sell for in Budd Lake, NJ?
The average home price is currently $611,956.
In Budd Lake, NJ, how many homes are available?
There are currently 71 active home listings available in Budd Lake.
What’s the average rental cost in Budd Lake, NJ?
The average rental price in Budd Lake is $2,072.
What is the most expensive home in Budd Lake?
The most expensive home sold in Budd Lake had a price of $48,593,164.
What is currently the cheapest priced home in Budd Lake, NJ?
The cheapest home for sale in Budd Lake is priced at $11,457.

Living in Budd Lake, NJ

Budd Lake, located in Morris County, NJ, is a serene suburb offering beautiful lake views and a strong sense of community. With family-friendly amenities and access to outdoor activities, it is an ideal home for those seeking a peaceful lifestyle. The area is well-connected to major transportation routes, making commuting easy.

Buyer vs Seller Market in Budd Lake, NJ

Budd Lake's real estate market has shown resilience, with steady demand for homes despite broader economic uncertainties. The community’s family-oriented environment continues to attract buyers, particularly those seeking more space or a suburban lifestyle close to nature.

Home Value Estimator For Budd Lake, NJ

There are currently 3,598 real estate properties in Budd Lake, NJ, with a median automated valuation model (AVM) price of $507,947.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Budd Lake, 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 Budd Lake, NJ, is $611,956.00, with the most expensive house in Budd Lake, NJ, topping out at $48,593,164.00 and the cheapest home in Budd Lake, NJ, clocking in at $11,457.00. In other words, there’s something for every potential homebuyer or savvy investor in Budd Lake, NJ!

Rent Prices In Budd Lake, NJ

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Budd Lake, NJ, is on a rollercoaster ride. The average rent price in Budd Lake, NJ, is $2,072.00. Indeed, when looking to rent in Budd Lake, NJ, you can expect to pay as little as $1,130.00 or as much as $4,240.00, 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 Budd Lake, 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.

Budd Lake, NJ Foreclosures

Market Trend for Budd Lake, NJ

Total Listings Available: 71

Market Values:

Home Prices from $11,457 to $48,593,164

Average Sales Price: $611,956

Rental Values:

Rental from $1,130 to $4,240

Average Rent Value: $2,072 / month

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