Foreclosure Homes in East Orange, NJ 07017

Current Market Conditions in East Orange, NJ

The real estate market in East Orange is currently experiencing a resurgence, with home values rising steadily due to increasing demand and limited inventory. Investors are recognizing the potential of the area as more people seek affordable housing while retaining convenient access to NYC.

Current trends show a growing interest in redevelopment projects and renovations of older homes, suggesting a promising future for property values. This makes East Orange an attractive location for real estate investors looking for both short-term and long-term opportunities.

Rent Prices In East Orange, NJ

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in East Orange, NJ, is on a rollercoaster ride. The average rent price in East Orange, NJ, is $1,685.00. Indeed, when looking to rent in East Orange, NJ, you can expect to pay as little as $950.00 or as much as $3,730.00, with the average rent median estimated to be $1,630.00. The good news is that finding an affordable and desirable property to rent in East Orange, 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.