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Cheap Homes in Demarest, NJ

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Living in Demarest, NJ

Demarest is a picturesque suburb located in Bergen County, New Jersey. It features tree-lined streets, charming homes, and a strong sense of community. The area is known for its excellent schools and proximity to New York City, making it an ideal location for families and professionals alike.

Current Market Conditions in Demarest, NJ

In recent months, Demarest has experienced a competitive real estate market. Home sales have increased due to high demand from buyers looking for quality, family-oriented neighborhoods. As a result, properties tend to spend less time on the market compared to previous years, indicating a strong demand amidst limited inventory.

Investment opportunities in Demarest are becoming increasingly attractive; many families are drawn to the town for its desirable school district and community atmosphere, leading to a steady appreciation in property values.

Home Value Estimator For Demarest, NJ

There are currently 1,668 real estate properties in Demarest, NJ, with a median automated valuation model (AVM) price of $1,290,449.00. 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 $1,550,148.00, with the most expensive house in Demarest, NJ, topping out at $9,805,400.00 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.

Cheap Homes in Demarest, NJ


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