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Short Sale Listings in Edison, NJ

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Living in Edison, NJ

Edison, NJ, is a diverse and family-friendly township known for its rich history and excellent schools. With convenient transportation options and numerous amenities, it offers a great quality of life for residents. Enjoy parks, shopping, and dining options that cater to all tastes and needs.

Current Market Conditions in Edison, NJ

The real estate market in Edison is currently experiencing a moderate demand, with a healthy balance of supply and sales. Properties are moving quickly, particularly in desirable neighborhoods close to schools and amenities. There has been a noticeable uptick in new constructions and renovations, showcasing the area's growth potential.

In recent months, there has been a shift towards more buyers venturing into the market, including first-time homeowners, attracted by the competitive pricing and favorable interest rates for mortgages. Investors are also showing interest, recognizing the potential for rent increases and appreciation as the area continues to develop.

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 Short Sale Listings

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