Garfield, NJ Foreclosures
Current Market Conditions in in Garfield, NJ As of April 2026?
Over the past month, the Garfield real estate market has experienced slight fluctuations in home prices, with some properties fetching higher offers than previous listings. Increased competition among buyers has led to faster sales of homes, with many properties receiving multiple offers shortly after being listed. This trend highlights the ongoing demand for housing in the area and suggests a competitive market moving into the fall season.
How much do homes sell for in Garfield, NJ?
The average home price is currently $628,076.
In Garfield, NJ, how many homes are available?
There are currently 1 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 $18,285,946.
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 dynamic suburb with a rich cultural diversity and a welcoming community atmosphere. The city features ample parks for outdoor activities and easy access to public transportation, connecting residents to nearby New York City. With a variety of educational institutions and local amenities, Garfield is an ideal location for families and individuals seeking a suburban feel with urban convenience.
Buyer vs Seller Market in Garfield, NJ
The real estate market in Garfield, NJ, has remained stable over the past few months, with a consistent level of interest from buyers looking for homes in this desirable area. There is a balanced supply of homes for sale, and prices have shown a moderate increase, reflecting the city’s popularity among families and commuters.
Recent trends indicate that homes in Garfield, which typically range between $300,000 to $600,000, are selling fairly quickly, often within a month of listing. This demand is driven by the area’s amenities, school districts, and its close proximity to New York City, making it an attractive option for first-time buyers and investors.
Home Value Estimator For Garfield, NJ
There are currently 6,222 real estate properties
in Garfield, NJ,
with a median automated valuation model (AVM) price
of $594,849.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in 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 $628,076.00, with the most expensive house
in Garfield, NJ, topping out
at $18,285,946.00 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.
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