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Bankruptcy Homes in Demarest, NJ

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Demarest, NJ Foreclosures

How much do homes sell for in Demarest, NJ?
The average home price is currently $1,601,700.
In Demarest, NJ, how many homes are available?
There are currently 1 active home listings available in Demarest.
What’s the average rental cost in Demarest, NJ?
The average rental price in Demarest is $3,608.
What is the most expensive home in Demarest?
The most expensive home sold in Demarest had a price of $9,761,381.
What is currently the cheapest priced home in Demarest, NJ?
The cheapest home for sale in Demarest is priced at $42,566.

Living in Demarest, NJ

Demarest, NJ, is a peaceful suburban community renowned for its family-friendly atmosphere, stellar public schools, and recreational parks. With a charming downtown, residents enjoy a close-knit community vibe while remaining conveniently located near urban amenities. The area offers various housing options, making it perfect for families and individuals alike.

Current Market Conditions in Demarest, NJ

The real estate market in Demarest remains robust, characterized by a strong demand for single-family homes. Buyers are actively looking for properties in this sought-after area, which has translated to increasing home prices over the past few months. The average days on market for homes has decreased, indicating a competitive landscape as families and individuals seek stable housing in suburban areas with desirable amenities.

Recently, there has been a noticeable increase in new listings coming onto the market, providing buyers with more options to choose from. However, the inventory is still relatively low compared to demand, which often leads to multiple offers on well-priced homes.

Home Value Estimator For Demarest, NJ

There are currently 1,667 real estate properties in Demarest, NJ, with a median automated valuation model (AVM) price of $1,350,116.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Demarest, 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 Demarest, NJ, is $1,601,700.00, with the most expensive house in Demarest, NJ, topping out at $9,761,381.00 and the cheapest home in Demarest, NJ, clocking in at $42,566.00. In other words, there’s something for every potential homebuyer or savvy investor in Demarest, NJ!

Rent Prices In Demarest, NJ

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Demarest, NJ, is on a rollercoaster ride. The average rent price in Demarest, NJ, is $3,608.00. Indeed, when looking to rent in Demarest, NJ, you can expect to pay as little as $2,100.00 or as much as $6,040.00, with the average rent median estimated to be $3,440.00. The good news is that finding an affordable and desirable property to rent in Demarest, 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.

Demarest, NJ Bankruptcy Homes

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