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Foreclosures in Elmer, NJ 08318

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Elmer, NJ Foreclosures

How much do homes sell for in Elmer, NJ?
The average home price is currently $333,085.
In Elmer, NJ, how many homes are available?
There are currently 1 active home listings available in Elmer.
What’s the average rental cost in Elmer, NJ?
The average rental price in Elmer is $1,453.
What is the most expensive home in Elmer?
The most expensive home sold in Elmer had a price of $2,315,990.
What is currently the cheapest priced home in Elmer, NJ?
The cheapest home for sale in Elmer is priced at $24,500.

Living in Elmer, NJ

Elmer, NJ, is a serene small town perfect for families and retirees seeking a quiet lifestyle. With its rural charm, friendly community, and essential amenities, Elmer offers a pleasant atmosphere with a close-knit feel. Residents enjoy local parks, schools, and community events that promote a sense of belonging.

Current Market Conditions in Elmer, NJ

The real estate market in Elmer is currently stable, with a mix of single-family homes and some rural properties available. Prices have remained steady due to the town's appeal to families looking for affordable housing options away from urban centers. Recent trends show a slight increase in demand, particularly for larger homes with more land, as remote work becomes more prevalent.

Investors are noticing Elmer as an inviting market, with opportunities for rental properties appealing to new residents moving to the area for its charm and local amenities.

Home Value Estimator For Elmer, NJ

There are currently 1,886 real estate properties in Elmer, NJ, with a median automated valuation model (AVM) price of $303,720.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Elmer, 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 Elmer, NJ, is $333,085.00, with the most expensive house in Elmer, NJ, topping out at $2,315,990.00 and the cheapest home in Elmer, NJ, clocking in at $24,500.00. In other words, there’s something for every potential homebuyer or savvy investor in Elmer, NJ!

Rent Prices In Elmer, NJ

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Elmer, NJ, is on a rollercoaster ride. The average rent price in Elmer, NJ, is $1,453.00. Indeed, when looking to rent in Elmer, NJ, you can expect to pay as little as $960.00 or as much as $4,820.00, with the average rent median estimated to be $1,410.00. The good news is that finding an affordable and desirable property to rent in Elmer, 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.

Elmer, NJ 08318 Foreclosures

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