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Preforeclosure Homes in Hackensack, NJ

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Living in Hackensack, NJ

Hackensack, located in New Jersey, is a dynamic city that offers a blend of cultural diversity and suburban charm. With strong educational institutions, local hospitals, and plenty of recreational amenities, it's an ideal place for families and professionals. Easy access to public transit allows for seamless commutes to neighboring metropolitan areas, making it a convenient location to call home.

Current Market Conditions in Hackensack, NJ

Currently, Hackensack's real estate market is experiencing a surge in demand driven by its strategic location and affordability compared to nearby cities. Homes in the area have seen an increase in interest, leading to a competitive market. Families seeking quality education options and urban amenities are particularly drawn to the neighborhood, contributing to rising home values and a robust rental market.

The rental market in Hackensack is becoming particularly popular among young professionals and city dwellers looking for more spacious living environments. There is also a growing trend of young families moving to the area due to its desirable school districts and community resources.

Home Value Estimator For Hackensack, NJ

There are currently 8,896 real estate properties in Hackensack, NJ, with a median automated valuation model (AVM) price of $485,628.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Hackensack, 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 Hackensack, NJ, is $533,866.00, with the most expensive house in Hackensack, NJ, topping out at $32,615,688.00 and the cheapest home in Hackensack, NJ, clocking in at $11,393.00. In other words, there’s something for every potential homebuyer or savvy investor in Hackensack, NJ!

Rent Prices In Hackensack, NJ

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Hackensack, NJ, is on a rollercoaster ride. The average rent price in Hackensack, NJ, is $2,001.00. Indeed, when looking to rent in Hackensack, NJ, you can expect to pay as little as $1,390.00 or as much as $5,000.00, with the average rent median estimated to be $1,920.00. The good news is that finding an affordable and desirable property to rent in Hackensack, 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.

Hackensack, NJ Preforeclosure Homes


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