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Foreclosure Homes in Denville, NJ

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Denville, NJ Foreclosures

How much do homes sell for in Denville, NJ?
The average home price is currently $702,866.
In Denville, NJ, how many homes are available?
There are currently 195 active home listings available in Denville.
What’s the average rental cost in Denville, NJ?
The average rental price in Denville is $2,527.
What is the most expensive home in Denville?
The most expensive home sold in Denville had a price of $31,909,904.
What is currently the cheapest priced home in Denville, NJ?
The cheapest home for sale in Denville is priced at $10,182.

Living in Denville, NJ

Denville, known as the 'Hub of Morris County', offers a charming suburban lifestyle with rich history and scenic landscapes. Residents enjoy a close-knit community, numerous parks, and easy access to well-regarded schools. Its vibrant downtown features a mix of shops, restaurants, and cafes, making it an ideal location for families and professionals alike.

Current Market Conditions in Denville, NJ

The Denville real estate market is trending upwards, reflecting growing demand for homes in Morris County. The average home price has seen an increase over the past six months, influenced by the low inventory and high buyer interest. Denville's charm and amenities continue to attract families looking for spacious homes in a desirable location, contributing to the upward pressure on home prices.

Investors are also taking interest in Denville as the town presents unique opportunities for rental properties, especially with its proximity to commuter routes and local amenities. The overall economic conditions in New Jersey support this upward trend as employment rates and population growth impact the housing demand favorably.

Home Value Estimator For Denville, NJ

There are currently 6,881 real estate properties in Denville, NJ, with a median automated valuation model (AVM) price of $613,508.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Denville, 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 Denville, NJ, is $702,866.00, with the most expensive house in Denville, NJ, topping out at $31,909,904.00 and the cheapest home in Denville, NJ, clocking in at $10,182.00. In other words, there’s something for every potential homebuyer or savvy investor in Denville, NJ!

Rent Prices In Denville, NJ

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Denville, NJ, is on a rollercoaster ride. The average rent price in Denville, NJ, is $2,527.00. Indeed, when looking to rent in Denville, NJ, you can expect to pay as little as $1,260.00 or as much as $6,580.00, with the average rent median estimated to be $2,400.00. The good news is that finding an affordable and desirable property to rent in Denville, 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.

Denville, NJ Foreclosures


Market Trend for Denville, NJ

Total Listings Available: 195

Market Values:

Home Prices from $10,182 to $31,909,904

Average Sales Price: $702,866

Rental Values:

Rental from $1,260 to $6,580

Average Rent Value: $2,527 / month

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