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Preforeclosure Homes in Edison, NJ 08837

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Edison, NJ Foreclosures

How much do homes sell for in Edison, NJ?
The average home price is currently $721,212.
In Edison, NJ, how many homes are available?
There are currently 28 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 $183,098,064.
What is currently the cheapest priced home in Edison, NJ?
The cheapest home for sale in Edison is priced at $11,175.

Living in Edison, NJ

Edison, NJ is a vibrant suburban community with a rich cultural diversity and a strong educational system. Residents enjoy a family-friendly atmosphere with ample recreational activities and easy access to urban conveniences. The area balances suburban tranquility with proximity to the hustle of New York City.

Current Market Conditions in Edison, NJ

The real estate market in Edison, NJ has shown resilience in the face of recent economic fluctuations, with home prices steadily increasing over the past year. The demand for single-family homes remains strong, particularly due to the area's excellent school system and suburban lifestyle.

In recent months, there's been a competitive shift in the housing market, with more buyers entering the market and fewer homes available for sale. This has led to multiple offer situations becoming common, as buyers are eager to secure properties in this desirable area.

Home Value Estimator For Edison, NJ

There are currently 27,560 real estate properties in Edison, NJ, with a median automated valuation model (AVM) price of $588,778.00. 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 $721,212.00, with the most expensive house in Edison, NJ, topping out at $183,098,064.00 and the cheapest home in Edison, NJ, clocking in at $11,175.00. 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 08837 Preforeclosure Homes

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