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Preforeclosure Homes in Franklin, NJ 08332

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Franklin, NJ Foreclosures

How much do homes sell for in Franklin, NJ?
The average home price is currently $393,246.
What’s the average rental cost in Franklin, NJ?
The average rental price in Franklin is $1,736.
What is the most expensive home in Franklin?
The most expensive home sold in Franklin had a price of $4,000,700.
What is currently the cheapest priced home in Franklin, NJ?
The cheapest home for sale in Franklin is priced at $28,219.

Living in Franklin, NJ

Franklin, NJ is a picturesque township offering a mix of suburban tranquility and access to outdoor recreational activities. This family-friendly community boasts a variety of amenities including parks, schools, and dining options. Its convenient location near major highways also provides easy commuting to nearby cities, making it an attractive place to call home.

Current Market Conditions in Franklin, NJ

The real estate market in Franklin, NJ is currently experiencing a healthy balance of supply and demand. Home prices have shown steady growth over the past year, indicating a strong interest from buyers. The average days on market for homes have decreased, suggesting quick sales in popular neighborhoods, particularly those with good school districts and family-friendly amenities.

In addition to the attractive market trends, the area has seen an influx of new developments, with several communities being built to accommodate the growing population. This growth in housing developments is expected to further stimulate the market and provide diverse options for potential buyers.

Home Value Estimator For Franklin, NJ

There are currently 1,869 real estate properties in Franklin, NJ, with a median automated valuation model (AVM) price of $368,336.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Franklin, 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 Franklin, NJ, is $393,246.00, with the most expensive house in Franklin, NJ, topping out at $4,000,700.00 and the cheapest home in Franklin, NJ, clocking in at $28,219.00. In other words, there’s something for every potential homebuyer or savvy investor in Franklin, NJ!

Rent Prices In Franklin, NJ

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Franklin, NJ, is on a rollercoaster ride. The average rent price in Franklin, NJ, is $1,736.00. Indeed, when looking to rent in Franklin, NJ, you can expect to pay as little as $1,200.00 or as much as $2,940.00, with the average rent median estimated to be $1,710.00. The good news is that finding an affordable and desirable property to rent in Franklin, 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.

Franklin, NJ 08332 Preforeclosure Homes


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