Hancocks Bridge, NJ Foreclosures
How much do homes sell for in Hancocks Bridge, NJ?
The average home price is currently $185,206.
In Hancocks Bridge, NJ, how many homes are available?
There are currently 5 active home listings available in Hancocks Bridge.
What’s the average rental cost in Hancocks Bridge, NJ?
The average rental price in Hancocks Bridge is $1,244.
What is the most expensive home in Hancocks Bridge?
The most expensive home sold in Hancocks Bridge had a price of $320,600.
What is currently the cheapest priced home in Hancocks Bridge, NJ?
The cheapest home for sale in Hancocks Bridge is priced at $54,216.
Living in Hancocks Bridge, NJ
Hancocks Bridge, NJ, is a charming rural community located in Salem County. Known for its peaceful atmosphere and family-friendly environment, this small town offers access to various outdoor activities and reputable schools. Its proximity to the Delaware River enhances the area's scenic views and recreational possibilities.
Current Market Conditions in Hancocks Bridge, NJ
The real estate market in Hancocks Bridge has been experiencing modest growth over the past year, with a steady increase in home values and demand for housing. The appeal of rural living, coupled with the proximity to larger cities, has attracted buyers seeking a quieter lifestyle.
There has been a noticeable trend toward young families moving to Hancocks Bridge, appreciating its welcoming community vibe and outdoor lifestyle. This has led to an increase in housing inventory, while prices have remained relatively stable compared to neighboring areas.
Home Value Estimator For Hancocks Bridge, NJ
There are currently 59 real estate properties
in Hancocks Bridge, NJ,
with a median automated valuation model (AVM) price
of $184,141.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Hancocks Bridge, 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 Hancocks Bridge, NJ,
is $185,206.00, with the most expensive house
in Hancocks Bridge, NJ, topping out
at $320,600.00 and the cheapest home
in Hancocks Bridge, NJ,
clocking in at $54,216.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Hancocks Bridge, NJ!
Rent Prices
In Hancocks Bridge, NJ
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Hancocks Bridge, NJ, is on
a rollercoaster ride. The
average rent price in Hancocks Bridge, NJ,
is $1,244.00. Indeed, when looking to rent in
Hancocks Bridge, NJ, you can expect to pay as little
as $910.00 or as much
as $1,510.00,
with the average rent median estimated to
be $1,180.00. The good news is that finding
an affordable and desirable property to rent in Hancocks Bridge, 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.
Learn more on Foreclosure homes
