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Rent To Own Homes in Cranford, NJ 07016

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Cranford, NJ Foreclosures

How much do homes sell for in Cranford, NJ?
The average home price is currently $736,858.
In Cranford, NJ, how many homes are available?
There are currently 13 active home listings available in Cranford.
What’s the average rental cost in Cranford, NJ?
The average rental price in Cranford is $2,446.
What is the most expensive home in Cranford?
The most expensive home sold in Cranford had a price of $20,258,964.
What is currently the cheapest priced home in Cranford, NJ?
The cheapest home for sale in Cranford is priced at $135,553.

Living in Cranford, NJ

Cranford, NJ, is a charming suburb with a lively downtown and a strong community feel. It's an ideal location for families and young professionals seeking quality living near reputable schools and recreational opportunities. With excellent transportation options, including NJ Transit, residents enjoy easy access to NYC and the surrounding regions.

Current Market Conditions in Cranford, NJ

Cranford has witnessed a steady increase in home values, reflecting a robust demand for residential properties in the area. The real estate market here is characterized by a vibrant mix of single-family homes and townhouses, appealing to various demographics looking for comfortable and diverse living options.

Over the last year, inventory levels have remained relatively low while demand has surged, driven by families seeking quality schools and young professionals attracted to Cranford's community atmosphere. This trend is expected to continue, contributing to ongoing appreciation in property values.

Home Value Estimator For Cranford, NJ

There are currently 7,749 real estate properties in Cranford, NJ, with a median automated valuation model (AVM) price of $733,420.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Cranford, 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 Cranford, NJ, is $736,858.00, with the most expensive house in Cranford, NJ, topping out at $20,258,964.00 and the cheapest home in Cranford, NJ, clocking in at $135,553.00. In other words, there’s something for every potential homebuyer or savvy investor in Cranford, NJ!

Rent Prices In Cranford, NJ

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Cranford, NJ, is on a rollercoaster ride. The average rent price in Cranford, NJ, is $2,446.00. Indeed, when looking to rent in Cranford, NJ, you can expect to pay as little as $1,310.00 or as much as $5,840.00, with the average rent median estimated to be $2,380.00. The good news is that finding an affordable and desirable property to rent in Cranford, 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.

Cranford, NJ 07016 Rent To Own Homes

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