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Condo Foreclosures in Budd Lake, NJ

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Budd Lake, NJ Foreclosures

How much do homes sell for in Budd Lake, NJ?
The average home price is currently $542,883.
In Budd Lake, NJ, how many homes are available?
There are currently 34 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 $2,071.
What is the most expensive home in Budd Lake?
The most expensive home sold in Budd Lake had a price of $31,564,044.
What is currently the cheapest priced home in Budd Lake, NJ?
The cheapest home for sale in Budd Lake is priced at $15,957.

Living in Budd Lake, NJ

Budd Lake, situated within Mount Olive Township, is a serene lakeside community in New Jersey known for its beautiful landscapes and outdoor recreational opportunities. Residents enjoy access to the calming waters of Budd Lake along with nearby parks, shopping, and quality schools. The area strikes a perfect balance between a tranquil lifestyle and accessibility to urban amenities.

Current Market Conditions in Budd Lake, NJ

Budd Lake's real estate market has shown resilience over the past year, with steady demand for homes, particularly among families seeking a peaceful suburban lifestyle. The average home price has appreciated, reflecting the area's appeal and the limited inventory available. Buyers are increasingly interested in properties that offer outdoor space and proximity to the lake.

Home Value Estimator For Budd Lake, NJ

There are currently 3,460 real estate properties in Budd Lake, NJ, with a median automated valuation model (AVM) price of $513,684.00. 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 $542,883.00, with the most expensive house in Budd Lake, NJ, topping out at $31,564,044.00 and the cheapest home in Budd Lake, NJ, clocking in at $15,957.00. 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 $2,071.00. 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 Condos


Market Trend for Budd Lake, NJ

Total Listings Available: 34

Market Values:

Home Prices from $15,957 to $31,564,044

Average Sales Price: $542,883

Rental Values:

Rental from $1,130 to $4,240

Average Rent Value: $2,071 / month

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