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Preforeclosure Homes in Forked River, NJ 08731

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Living in Forked River, NJ

Forked River, NJ, is a serene community located on the New Jersey coast, known for its access to Barnegat Bay and its outdoor recreational activities. The area boasts beautiful waterfront views, local parks, and a friendly atmosphere suitable for families and retirees. With a range of local amenities and a close-knit community vibe, Forked River is a desirable place to call home.

Current Market Conditions in Forked River, NJ

The Forked River real estate market has shown resilience, maintaining steady demand due to its appealing coastal lifestyle. This year, the market has seen slight fluctuations, with some price adjustments reflecting broader trends in New Jersey's housing market. The average time on the market for homes has decreased, indicating a competitive landscape for buyers.

Investments in infrastructure and local amenities continue to bolster the area's desirability. While prices have stabilized, there is growing interest from both new residents and investors, drawn by the benefits of coastal living and access to recreational activities. Neighborhoods here often sell quickly, especially those close to the water.

Home Value Estimator For Forked River, NJ

There are currently 9,133 real estate properties in Forked River, NJ, with a median automated valuation model (AVM) price of $459,849.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Forked River, 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 Forked River, NJ, is $513,341.00, with the most expensive house in Forked River, NJ, topping out at $5,140,100.00 and the cheapest home in Forked River, NJ, clocking in at $13,922.00. In other words, there’s something for every potential homebuyer or savvy investor in Forked River, NJ!

Rent Prices In Forked River, NJ

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Forked River, NJ, is on a rollercoaster ride. The average rent price in Forked River, NJ, is $2,738.00. Indeed, when looking to rent in Forked River, NJ, you can expect to pay as little as $1,570.00 or as much as $7,180.00, with the average rent median estimated to be $2,690.00. The good news is that finding an affordable and desirable property to rent in Forked River, 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.

Forked River, NJ 08731 Preforeclosure Homes


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