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Foreclosures in Chester, NJ

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Chester, NJ Foreclosures

How much do homes sell for in Chester, NJ?
The average home price is currently $963,025.
In Chester, NJ, how many homes are available?
There are currently 48 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 $4,191,634.
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, New Jersey, is a picturesque small town known for its charming historic buildings and a vibrant community atmosphere. With a strong emphasis on outdoor activities, Chester offers numerous parks, trails, and recreational facilities that cater to families and nature enthusiasts alike. The town is also home to various local eateries and shops that highlight the unique character of the area.

Current Market Conditions in Chester, NJ

The real estate market in Chester has currently been experiencing a competitive environment, with home prices showing a steady increase due to high demand and limited inventory. Homes in the area are selling quickly, and many listings receive multiple offers. This trend is evident in both single-family homes and townhomes, as buyers are drawn to Chester's appealing lifestyle and community attributes.

Over the past year, Chester has seen an approximate increase in home values by around 7%, driven by its desirable location, quality schools, and family-friendly amenities. The town's real estate market is expected to remain strong as more families relocate from larger urban areas in search of more space and a community-oriented lifestyle.

Home Value Estimator For Chester, NJ

There are currently 2,880 real estate properties in Chester, NJ, with a median automated valuation model (AVM) price of $877,194.00. 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 $963,025.00, with the most expensive house in Chester, NJ, topping out at $4,191,634.00 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 $2,050.00. 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 Foreclosures

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