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Rent To Own Homes in Edison, NJ 08817

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Edison, NJ Foreclosures

How much do homes sell for in Edison, NJ?
The average home price is currently $647,117.
In Edison, NJ, how many homes are available?
There are currently 61 active home listings available in Edison.
What’s the average rental cost in Edison, NJ?
The average rental price in Edison is $2,341.
What is the most expensive home in Edison?
The most expensive home sold in Edison had a price of $30,232,030.
What is currently the cheapest priced home in Edison, NJ?
The cheapest home for sale in Edison is priced at $32,516.

Living in Edison, NJ

Edison, NJ is a well-connected township that boasts a blend of suburban charm and urban amenities. With highly-rated schools, plentiful parks, shopping, and a vibrant community, it attracts families and professionals alike. Convenient public transport links add to its appeal, making it a desirable location for many.

Current Market Conditions in Edison, NJ

Edison, NJ has seen a steady increase in home values over the past year, driven by a competitive real estate market. Homebuyers are particularly drawn to the area due to its family-friendly amenities, excellent school system, and convenient transportation options to metropolitan areas. The demand has led to a short supply of homes available for sale, often resulting in multiple offers on desirable properties.

The current market trends indicate that there is a robust interest in both single-family homes and townhouses in Edison. Buyers are particularly seeking homes with modern amenities and outdoor spaces, reflecting a growing preference for properties that accommodate remote working and family activities.

Home Value Estimator For Edison, NJ

There are currently 25,624 real estate properties in Edison, NJ, with a median automated valuation model (AVM) price of $594,065.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Edison, 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 Edison, NJ, is $647,117.00, with the most expensive house in Edison, NJ, topping out at $30,232,030.00 and the cheapest home in Edison, NJ, clocking in at $32,516.00. In other words, there’s something for every potential homebuyer or savvy investor in Edison, NJ!

Rent Prices In Edison, NJ

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Edison, NJ, is on a rollercoaster ride. The average rent price in Edison, NJ, is $2,341.00. Indeed, when looking to rent in Edison, NJ, you can expect to pay as little as $1,040.00 or as much as $5,560.00, with the average rent median estimated to be $2,340.00. The good news is that finding an affordable and desirable property to rent in Edison, 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.

Edison, NJ 08817 Rent To Own Homes

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