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Land Foreclosures 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 $1,566,627.
In Demarest, NJ, how many homes are available?
There are currently 2 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 $9,763,285.
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 quaint suburban borough in Bergen County known for its elegant homes, top-rated schools, and community-centered lifestyle. Perfect for families, it features several parks and is conveniently located near public transportation to New York City, making it an ideal spot for commuters. Enjoy local amenities, a strong community spirit, and a peaceful atmosphere in this charming town.

Current Market Conditions in Demarest, NJ

The real estate market in Demarest has demonstrated resilience even amidst broader economic fluctuations. The demand for single-family homes remains strong, primarily due to the area's reputation for excellent schools and quality of life. Buyers are particularly drawn to homes with large lots and proximity to parks and recreational areas.

Recent trends show a steady appreciation in property values, with homes selling faster than the previous year. The limited inventory, alongside continued interest in the New Jersey housing market, suggests that prices may continue to rise in the near future.

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 $1,301,357.00. 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 $1,566,627.00, with the most expensive house in Demarest, NJ, topping out at $9,763,285.00 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 Land


Market Trend for Demarest, NJ

Total Listings Available: 2

Market Values:

Home Prices from $42,566 to $9,763,285

Average Sales Price: $1,566,627

Rental Values:

Rental from $2,100 to $6,040

Average Rent Value: $3,608 / month

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