Living in Clifton, NJ
Clifton, NJ, is a welcoming city that blends urban conveniences with suburban tranquility. Known for its community spirit and educational opportunities, Clifton offers residents a variety of amenities including parks, shopping, and dining options. Its strategic location provides easy access to major cities and public transportation, making it an ideal place for families and commuters.
Current Market Conditions in Clifton, NJ
The real estate market in Clifton, NJ, has been experiencing a steady increase in demand, driven by its desirable location and community amenities. Home prices have gradually risen over the last year, indicating a healthy appreciation in property values. Buyers are attracted to Clifton due to its excellent schools, extensive parks, and various shopping options, which contribute to a strong demand for housing.
Investors are taking note of Clifton's potential, especially as the city continues to develop. Rental properties are also in demand, with a diverse population looking for rental opportunities in this vibrant community. As a result, the market is characterized by moderate competition, where well-priced homes see quick sales.
Home Value Estimator For Clifton, NJ
There are currently 21,634 real estate properties
in Clifton, NJ,
with a median automated valuation model (AVM) price
of $580,531.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Clifton, 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 Clifton, NJ,
is $607,338.00, with the most expensive house
in Clifton, NJ, topping out
at $21,350,266.00 and the cheapest home
in Clifton, NJ,
clocking in at $29,092.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Clifton, NJ!
Rent Prices
In Clifton, NJ
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Clifton, NJ, is on
a rollercoaster ride. The
average rent price in Clifton, NJ,
is $1,992.00. Indeed, when looking to rent in
Clifton, NJ, you can expect to pay as little
as $1,040.00 or as much
as $3,500.00,
with the average rent median estimated to
be $1,940.00. The good news is that finding
an affordable and desirable property to rent in Clifton, 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.
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