Fair Lawn, NJ Foreclosures
How much do homes sell for in Fair Lawn, NJ?
The average home price is currently $719,090.
In Fair Lawn, NJ, how many homes are available?
There are currently 107 active home listings available in Fair Lawn.
What’s the average rental cost in Fair Lawn, NJ?
The average rental price in Fair Lawn is $2,398.
What is the most expensive home in Fair Lawn?
The most expensive home sold in Fair Lawn had a price of $185,524,800.
What is currently the cheapest priced home in Fair Lawn, NJ?
The cheapest home for sale in Fair Lawn is priced at $18,225.
Living in Fair Lawn, NJ
Fair Lawn, NJ, is a picturesque suburb of New Jersey, providing a peaceful residential atmosphere while remaining close to New York City. Known for its excellent public schools, numerous parks, and vibrant community life, Fair Lawn is a highly sought-after location for families and professionals. With a blend of suburban charm and accessibility to urban amenities, it offers the best of both worlds.
Current Market Conditions in Fair Lawn, NJ
The current real estate market in Fair Lawn, NJ, is experiencing a competitive landscape. High demand for homes in this suburban area coupled with limited inventory has driven home prices upward over the past year. While properties are quickly being purchased, buyers are also keen to settle in a neighborhood that offers excellent schools and community resources, making it a valuable investment.
Despite the upward trend in pricing and competition, Fair Lawn continues to attract new residents, partly due to its proximity to New York City and the general appeal of suburban life. There has been a shift toward remote work, encouraging families to seek larger homes with more outdoor space, which plays into the current market dynamics.
Home Value Estimator For Fair Lawn, NJ
There are currently 10,802 real estate properties
in Fair Lawn, NJ,
with a median automated valuation model (AVM) price
of $634,075.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Fair Lawn, 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 Fair Lawn, NJ,
is $719,090.00, with the most expensive house
in Fair Lawn, NJ, topping out
at $185,524,800.00 and the cheapest home
in Fair Lawn, NJ,
clocking in at $18,225.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Fair Lawn, NJ!
Rent Prices
In Fair Lawn, NJ
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Fair Lawn, NJ, is on
a rollercoaster ride. The
average rent price in Fair Lawn, NJ,
is $2,398.00. Indeed, when looking to rent in
Fair Lawn, NJ, you can expect to pay as little
as $1,170.00 or as much
as $5,510.00,
with the average rent median estimated to
be $2,360.00. The good news is that finding
an affordable and desirable property to rent in Fair Lawn, 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.
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