Forked River, NJ Foreclosures
How much do homes sell for in Forked River, NJ?
The average home price is currently $526,995.
In Forked River, NJ, how many homes are available?
There are currently 97 active home listings available in Forked River.
What’s the average rental cost in Forked River, NJ?
The average rental price in Forked River is $2,739.
What is the most expensive home in Forked River?
The most expensive home sold in Forked River had a price of $6,514,137.
What is currently the cheapest priced home in Forked River, NJ?
The cheapest home for sale in Forked River is priced at $13,922.
Living in Forked River, NJ
Forked River, NJ is a tranquil and picturesque suburban community known for its waterfront properties and outdoor recreational activities. With access to Barnegat Bay and surrounding natural parks, residents can enjoy a serene lifestyle complemented by good schools and local amenities. Ideal for families and nature lovers alike, Forked River offers a perfect blend of community charm and outdoor adventure.
Current Market Conditions in Forked River, NJ
The real estate market in Forked River has shown steady growth over the last few years, with a notable increase in demand for waterfront homes. Buyers are attracted to the area for its scenic views and proximity to nature, which is resulting in rising property values. The family-friendly environment also contributes to the market's appeal, making it a hot spot for young families and retirees alike.
As of late 2023, the market remains competitive with reduced inventory levels, which has led to increased home prices. Many properties see multiple offers, especially those with desirable amenities such as water access or updated interiors. However, some segments of the market have begun to stabilize, creating opportunities for buyers willing to invest in properties needing some renovations.
Home Value Estimator For Forked River, NJ
There are currently 9,687 real estate properties
in Forked River, NJ,
with a median automated valuation model (AVM) price
of $462,987.00. 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 $526,995.00, with the most expensive house
in Forked River, NJ, topping out
at $6,514,137.00 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 $2,739.00. 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.
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