Single-family Foreclosures in Hackensack, NJ

Current Market Conditions in Hackensack, NJ

The real estate market in Hackensack has shown signs of steady growth over the past few years, with property values experiencing a gradual increase. The demand for homes has been fueled by the city's desirable location, attracting both first-time buyers and investors looking for rental properties. Homes in Hackensack range from historic houses to modern condos, catering to a variety of preferences and budgets.

Currently, the Hackensack market is competitive, driven by low inventory levels and high demand, resulting in multiple offers in many cases. This has led to increased home prices, making it important for buyers to act quickly when they find a property that suits their needs.

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.