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Preforeclosure Homes in Edison, NJ 08863

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Edison, NJ Foreclosures

How much do homes sell for in Edison, NJ?
The average home price is currently $646,569.
In Edison, NJ, how many homes are available?
There are currently 213 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 $30,464,134.
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 vibrant suburban town that offers a mix of history, culture, and convenience. Known for its excellent schools and diverse community, Edison provides a welcoming atmosphere for families and professionals alike. With easy access to major transportation routes and an array of local amenities, this township continues to attract residents looking for a balanced lifestyle.

Current Market Conditions in Edison, NJ

Edison, NJ's real estate market is currently experiencing strong demand, characterized by a competitive landscape for homebuyers. The area has seen a steady increase in home prices over the past year, fueled by attractive school districts and family-friendly neighborhoods. Investors and first-time buyers alike are keen on securing properties in Edison, notably existing homes due to the limited inventory of new constructions.

The rental market in Edison has also gained traction, with rising rents prompting many to explore homeownership opportunities. Real estate professionals anticipate a continued upward trend in property values, making Edison a potentially lucrative investment for those looking to tap into the suburban market.

Home Value Estimator For Edison, NJ

There are currently 25,403 real estate properties in Edison, NJ, with a median automated valuation model (AVM) price of $601,772.00. 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 $646,569.00, with the most expensive house in Edison, NJ, topping out at $30,464,134.00 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 08863 Preforeclosure Homes


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