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Rent To Own Homes in Fairfield, NJ 07004

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Fairfield, NJ Foreclosures

How much do homes sell for in Fairfield, NJ?
The average home price is currently $777,402.
In Fairfield, NJ, how many homes are available?
There are currently 16 active home listings available in Fairfield.
What’s the average rental cost in Fairfield, NJ?
The average rental price in Fairfield is $2,484.
What is the most expensive home in Fairfield?
The most expensive home sold in Fairfield had a price of $3,157,629.
What is currently the cheapest priced home in Fairfield, NJ?
The cheapest home for sale in Fairfield is priced at $79,804.

Living in Fairfield, NJ

Fairfield, NJ, is a suburban gem that provides residents with a harmonious blend of tranquility and accessibility. With its rich array of parks and amenities, it’s a fantastic place for families looking for an escape from the city while still enjoying modern conveniences. The community prides itself on its excellent schools and vibrant local culture.

Current Market Conditions in Fairfield, NJ

Fairfield's real estate market remains robust, characterized by steady demand and low inventory levels. Home prices have shown resilience, with a gradual increase over recent months as buyers are drawn to the area's appeal. This trend reflects the ongoing desirability of suburban living, particularly as more individuals and families seek homes with outdoor space and proximity to amenities.

In addition, the rental market in Fairfield is strong, driven by a steady influx of new residents attracted to the area's quality of life and employment opportunities. Rental properties are in demand, and competitive rental prices suggest a thriving market that benefits landlords.

Home Value Estimator For Fairfield, NJ

There are currently 2,773 real estate properties in Fairfield, NJ, with a median automated valuation model (AVM) price of $764,514.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Fairfield, 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 Fairfield, NJ, is $777,402.00, with the most expensive house in Fairfield, NJ, topping out at $3,157,629.00 and the cheapest home in Fairfield, NJ, clocking in at $79,804.00. In other words, there’s something for every potential homebuyer or savvy investor in Fairfield, NJ!

Rent Prices In Fairfield, NJ

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Fairfield, NJ, is on a rollercoaster ride. The average rent price in Fairfield, NJ, is $2,484.00. Indeed, when looking to rent in Fairfield, NJ, you can expect to pay as little as $1,510.00 or as much as $4,120.00, with the average rent median estimated to be $2,440.00. The good news is that finding an affordable and desirable property to rent in Fairfield, 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.

Fairfield, NJ 07004 Rent To Own Homes

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