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Foreclosures in Gillette, NJ 07933

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Gillette, NJ Foreclosures

How much do homes sell for in Gillette, NJ?
The average home price is currently $782,800.
In Gillette, NJ, how many homes are available?
There are currently 10 active home listings available in Gillette.
What’s the average rental cost in Gillette, NJ?
The average rental price in Gillette is $2,981.
What is the most expensive home in Gillette?
The most expensive home sold in Gillette had a price of $5,332,576.
What is currently the cheapest priced home in Gillette, NJ?
The cheapest home for sale in Gillette is priced at $15,070.

Living in Gillette, NJ

Gillette is a charming unincorporated community in Long Hill Township, known for its peaceful suburban atmosphere and scenic surroundings. Residents enjoy a mix of outdoor recreational opportunities and a strong sense of community. The area features picturesque landscapes and is conveniently located near major roadways, making it ideal for commuters.

Current Market Conditions in Gillette, NJ

Currently, the real estate market in Gillette is quite strong, with demand for homes outpacing supply. Properties have sold relatively quickly, often at or above asking price, reflecting the desirability of the area due to its peaceful environment and high-quality schools. The average home price has seen a steady increase, making it a competitive market for potential buyers.

In the last year, Gillette has experienced a notable increase in home values, driven by a combination of low interest rates and the area's growing reputation as an excellent place for families. This trend has attracted homebuyers looking for value outside larger metropolitan areas.

Home Value Estimator For Gillette, NJ

There are currently 1,206 real estate properties in Gillette, NJ, with a median automated valuation model (AVM) price of $722,837.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Gillette, 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 Gillette, NJ, is $782,800.00, with the most expensive house in Gillette, NJ, topping out at $5,332,576.00 and the cheapest home in Gillette, NJ, clocking in at $15,070.00. In other words, there’s something for every potential homebuyer or savvy investor in Gillette, NJ!

Rent Prices In Gillette, NJ

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Gillette, NJ, is on a rollercoaster ride. The average rent price in Gillette, NJ, is $2,981.00. Indeed, when looking to rent in Gillette, NJ, you can expect to pay as little as $1,710.00 or as much as $5,030.00, with the average rent median estimated to be $2,930.00. The good news is that finding an affordable and desirable property to rent in Gillette, 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.

Gillette, NJ 07933 Foreclosures


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