Single-family Foreclosures in Hackensack, NJ

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.

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.