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Foreclosure Homes in Chester, NJ 07853

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Chester, NJ Foreclosures

Current Market Conditions in in Chester, NJ As of February 2026?
Over the past month, the Chester real estate market has experienced a shift towards higher sale prices, as multiple offers on properties have become common. Inventory remains tight, which has led to a competitive environment favoring sellers. Many homes are receiving significant interest soon after listing, with some properties being placed under contract in just a few days. The uptick in sales activity indicates a robust market, although potential buyers should be prepared for bidding wars.
How much do homes sell for in Chester, NJ?
The average home price is currently $987,863.
In Chester, NJ, how many homes are available?
There are currently 41 active home listings available in Chester.
What’s the average rental cost in Chester, NJ?
The average rental price in Chester is $2,354.
What is the most expensive home in Chester?
The most expensive home sold in Chester had a price of $16,586,275.
What is currently the cheapest priced home in Chester, NJ?
The cheapest home for sale in Chester is priced at $37,584.

Living in Chester, NJ

Chester, NJ is a picturesque town in Morris County known for its vibrant community life and stunning landscapes. With a variety of outdoor recreation options, excellent schools, and a charming downtown, it's an ideal place for families and individuals looking to settle down. The area boasts strong community ties, with regular events and activities that enhance the quality of life.

Buyer vs Seller Market in Chester, NJ

The current real estate market in Chester shows a steady demand for single-family homes, with average sales prices continuing to rise due to limited inventory. Buyers are attracted to the area's natural beauty, well-regarded schools, and community amenities. As a result, homes in Chester are selling quickly, often above list prices as buyers are competing for the limited offerings available.

As of the latest statistics, Chester has seen a growing trend in home remodeling and renovations, as homeowners invest in their properties to increase value. The trend indicates a healthy market with potential for future appreciation in property values.

Home Value Estimator For Chester, NJ

There are currently 3,009 real estate properties in Chester, NJ, with a median automated valuation model (AVM) price of $893,880.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Chester, 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 Chester, NJ, is $987,863.00, with the most expensive house in Chester, NJ, topping out at $16,586,275.00 and the cheapest home in Chester, NJ, clocking in at $37,584.00. In other words, there’s something for every potential homebuyer or savvy investor in Chester, NJ!

Rent Prices In Chester, NJ

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Chester, NJ, is on a rollercoaster ride. The average rent price in Chester, NJ, is $2,354.00. Indeed, when looking to rent in Chester, NJ, you can expect to pay as little as $1,390.00 or as much as $4,110.00, with the average rent median estimated to be $2,060.00. The good news is that finding an affordable and desirable property to rent in Chester, 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.

Chester, NJ 07853 Foreclosures

Market Trend for Chester, NJ

Total Listings Available: 41

Market Values:

Home Prices from $37,584 to $16,586,275

Average Sales Price: $987,863

Rental Values:

Rental from $1,390 to $4,110

Average Rent Value: $2,354 / month

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