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Preforeclosure Homes in Farmingdale, NJ 07727

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Living in Farmingdale, NJ

Farmingdale, NJ, is a quaint suburban town in Monmouth County, known for its friendly community, beautiful parks, and excellent schools. It offers a serene environment while providing convenient access to major urban centers. The town's charming character and recreational opportunities make it an appealing destination for potential homeowners and investors.

Current Market Conditions in Farmingdale, NJ

Currently, the real estate market in Farmingdale is seeing gradual appreciation, with growing demand for homes as more people seek to escape the hustle and bustle of urban living. Inventory remains limited, resulting in competitive pricing and opportunities for investment in residential properties.

Areas within Farmingdale are experiencing revitalization, attracting newcomers and spurring new developments. This trend is expected to continue, enhancing the long-term value of properties and making it an attractive location for real estate investors.

Home Value Estimator For Farmingdale, NJ

There are currently 2,153 real estate properties in Farmingdale, NJ, with a median automated valuation model (AVM) price of $741,997.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Farmingdale, 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 Farmingdale, NJ, is $746,875.00, with the most expensive house in Farmingdale, NJ, topping out at $4,801,996.00 and the cheapest home in Farmingdale, NJ, clocking in at $32,505.00. In other words, there’s something for every potential homebuyer or savvy investor in Farmingdale, NJ!

Rent Prices In Farmingdale, NJ

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Farmingdale, NJ, is on a rollercoaster ride. The average rent price in Farmingdale, NJ, is $2,456.00. Indeed, when looking to rent in Farmingdale, NJ, you can expect to pay as little as $1,000.00 or as much as $4,780.00, 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 Farmingdale, 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.

Farmingdale, NJ 07727 Preforeclosure Homes


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