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Preforeclosure Homes in Burlington, NJ

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Living in Burlington, NJ

Burlington, NJ, is a picturesque city that offers a rich historical backdrop and modern amenities. Known for its warm community feel, residents enjoy beautiful parks and a wide array of local businesses. The city's strategic location near major commuter routes adds to its appeal for families and professionals alike.

Current Market Conditions in Burlington, NJ

The real estate market in Burlington is currently thriving, with home prices steadily increasing due to the high demand for suburban living. Investors are increasingly eyeing the area, drawn by its affordability compared to nearby urban centers, which are just a short commute away.

The rental market is equally robust, with a strong demand for rental properties driven by an influx of new residents seeking to enjoy the benefits of suburban living while maintaining access to urban job markets. This trend suggests a positive outlook for real estate investment in Burlington.

Home Value Estimator For Burlington, NJ

There are currently 11,052 real estate properties in Burlington, NJ, with a median automated valuation model (AVM) price of $353,235.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Burlington, 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 Burlington, NJ, is $369,521.00, with the most expensive house in Burlington, NJ, topping out at $32,197,144.00 and the cheapest home in Burlington, NJ, clocking in at $14,137.00. In other words, there’s something for every potential homebuyer or savvy investor in Burlington, NJ!

Rent Prices In Burlington, NJ

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Burlington, NJ, is on a rollercoaster ride. The average rent price in Burlington, NJ, is $1,766.00. Indeed, when looking to rent in Burlington, NJ, you can expect to pay as little as $900.00 or as much as $3,260.00, with the average rent median estimated to be $1,750.00. The good news is that finding an affordable and desirable property to rent in Burlington, 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.

Burlington, NJ Preforeclosure Homes


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