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Foreclosure Homes in Garfield, NJ

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Garfield, NJ Foreclosures

How much do homes sell for in Garfield, NJ?
The average home price is currently $614,920.
In Garfield, NJ, how many homes are available?
There are currently 104 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?
The most expensive home sold in Garfield had a price of $6,733,745.
What is currently the cheapest priced home in Garfield, NJ?
The cheapest home for sale in Garfield is priced at $43,014.

Living in Garfield, NJ

Garfield, NJ is a bustling city offering a family-friendly atmosphere alongside convenient access to New York City. It features diverse neighborhoods, rich cultural offerings, and a variety of local amenities, making it an attractive location for both families and professionals. The city also boasts many parks and recreational activities for outdoor enthusiasts.

Current Market Conditions in Garfield, NJ

The real estate market in Garfield has seen a significant increase in demand recently, with many buyers drawn to the area for its affordability compared to neighboring towns and its proximity to New York City. Currently, home prices have stabilized, with an average increase of about 5% over the past twelve months, indicating a healthy appreciation in property values.

Home Value Estimator For Garfield, NJ

There are currently 5,904 real estate properties in Garfield, NJ, with a median automated valuation model (AVM) price of $595,835.00. 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 $614,920.00, with the most expensive house in Garfield, NJ, topping out at $6,733,745.00 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.

Garfield, NJ Foreclosures

Market Trend for Garfield, NJ

Total Listings Available: 104

Market Values:

Home Prices from $43,014 to $6,733,745

Average Sales Price: $614,920

Rental Values:

Rental from $1,060 to $4,210

Average Rent Value: $2,001 / month

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