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Foreclosure Homes in Garfield, NJ

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View this home at Botany St Garfield NJ 07026
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$572,400 EMV
Botany St
Garfield, NJ 07026
Single-Family
3,000
EST. RENT: $2,140
|
AUCTION: 04-19-2024
Single-Family
3,000
View this home at Spencer Pl Garfield NJ 07026
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$329,300 EMV
Spencer Pl
Garfield, NJ 07026
Single-Family
1,136
EST. RENT: $1,890
|
AUCTION: 04-05-2024
Single-Family
1,136
View this home at Sampson St Garfield NJ 07026
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$402,800 EMV
Sampson St
Garfield, NJ 07026
EST. RENT: $2,400
|
AUCTION: 05-10-2024
5 View this home at Macarthur Ave Garfield NJ 07026
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$393,000 EMV
Macarthur Ave
Garfield, NJ 07026
Single-Family
1,950
EST. RENT: $2,430
|
AUCTION: 04-05-2024
Single-Family
1,950
View this home at Grace Ave Garfield NJ 07026
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$399,400 EMV
Grace Ave
Garfield, NJ 07026
EST. RENT: $2,230
|
AUCTION: 04-26-2024
View this home at Union Ave Garfield NJ 07026
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$379,700 EMV
Union Ave
Garfield, NJ 07026
Single-Family
1,148
EST. RENT: $1,900
|
AUCTION: 04-05-2024
Single-Family
1,148
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Garfield, NJ Foreclosures

How much do homes sell for in Garfield, NJ?
The average home price is currently $555,103.
In Garfield, NJ, how many homes are available?
There are currently 5,782 active home listings available in Garfield.
What’s the average rental cost in Garfield, NJ?
The average rental price in Garfield is $2,001.
What is the most expensive home in Garfield, New Jersey?
The most expensive home sold in Garfield had a price of $4,590,565.
What is currently the cheapest priced home in Garfield, NJ?
The cheapest home for sale in Garfield is priced at $43,014.

Home Value Estimator For Garfield, NJ

There are currently 5,782 real estate properties in Garfield, NJ, with a median automated valuation model (AVM) price of $532,000.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Garfield, 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 Garfield, NJ, is $555,103.00, with the most expensive house in Garfield, NJ, topping out at $4,590,565.00 and the cheapest home in Garfield, NJ, clocking in at $43,014.00. In other words, there’s something for every potential homebuyer or savvy investor in Garfield, NJ!


Rent Prices In Garfield, NJ

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Garfield, NJ, is on a rollercoaster ride. The average rent price in Garfield, NJ, is $2,001.00. Indeed, when looking to rent in Garfield, NJ, you can expect to pay as little as $1,060.00 or as much as $4,210.00, with the average rent median estimated to be $1,940.00. The good news is that finding an affordable and desirable property to rent in Garfield, 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.


Top Reasons To Live In Garfield, NJ In 2024

Garfield is located in Bergen, New Jersey, with an estimated municipal population of 31,802 residents. All of the best foreclosed homes for sale in Garfield are located in the following zip code areas on Foreclosure.com: 07026. The estimated population per square kilometer (.62 miles) in Garfield is 5,816.


Cost Of Living In Garfield, NJ

So, about how much do homes cost in Garfield? The most recent median value of resident-owned homes in Garfield is 338,652. An estimated 40.5 percent of households in Garfield own their homes, with an average family size of 3.26. The median household income in Garfield is 62,939, with26 percentage of households earning at least $100,000 annually. For working parents and professionals who are searching for cheap homes in Garfield, the median commute time of resident workers (in minutes) is 27.5. And last, but certainly not least, are you looking for homes to rent in Garfield? If so, the average rent price paid by renters in Garfield is 1,326, according to recent statistics.


Diversity And Demographics In Garfield, New Jersey

Where a home is located is almost just as important as the home itself. Whether you are a first-time homebuyer or are relocating to Garfield, it is essential to take a deep dive into your potential future neighborhood. Homeownership is often a long-term relationship; therefore, be sure to do your due diligence to ensure that you make the best long-term decision.

The median age of residents in Garfield is 36.6, split between 48.4 percent male versus 51.6 female. The percentage of residents who report being married in Garfield is 43.9, with an average family size of 3.26.

The percentage of residents who report their race in Garfield is as follows:

White 83.7%
Black / African American 4.6%
Asian 2.3%
American Indian / Alaskan Native 0.1%
Native Hawaiian / Other Pacifc Islander 0%
Multi-racial 3.1%
Other 6%

Looking for family-friendly neighborhoods in and/or near Garfield? Or maybe you are searching for 55+ active adult communities in and/or near Garfield?

The percentage of residents who report their age in Garfield is as follows:

Under 10 12.7%
Aged 10-19 12.2%
20s 14%
30s 16.4%
40s 13.3%
50s 14%
60s 9.5%
70s 5.1%
80+ 2.7%

Best Schools In Garfield, New Jersey

It was a rollercoaster ride for academics in 2020, with school districts throughout the nation transferring their classes online because of the global pandemic. Numerous school districts will continue online courses, while others will welcome students back to campus. Regardless, homebuyers are shopping for homes in Garfield with dedicated in-home learning spaces, as well as for homes located within the best school systems for in-person instruction in Garfield.


Pros And Cons Of Living In Garfield, New Jersey

How do you know that living in -- or moving to -- Garfield is right where you need to be? Perhaps you grew up in Garfield or already live nearby; therefore, the decision to buy a home in Garfield is a no-brainer. For others, however, it may not be such a straightforward or simple decision. Whether you are relocating to Garfield for work or just looking for a fresh start, getting a read on a neighborhood from afar (online) can be tricky... and exhausting.

Here are some questions to ask yourself when shopping for foreclosed homes for sale in Garfield:

  • What type of neighborhood environment (suburban, urban, rural, etc.) do you prefer?
  • What types of shopping (mom and pop, mall, big box), restaurants (fast food, chain, local) and businesses (small, big, mixed) would you like nearby?
  • What leisure-time activities (golf, biking, hiking, etc.) do you enjoy?
  • What type of commute (car, plane, home office) do you seek?

In short, it always helps to create a “Pros vs. Cons” list of what you need in a home and/or neighborhood like Garfield.


Reasons To Move To Garfield, New Jersey, In 2024

Prospective homebuyers are clearly taking advantage of the low interest rates and numerous government assistance programs. These low interest rates mean homebuyers in Garfield can now afford much more house for the same monthly payment (if interest rates were higher). Motivated and opportunistic sellers in Garfield, meanwhile, can field multiple offers from more qualified buyers.

Garfield, NJ Foreclosures


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