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Preforeclosure Homes in Kinnelon, NJ

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Living in Kinnelon, NJ

Kinnelon, NJ is a tranquil suburban township known for its beautiful landscapes and excellent schools. With spacious homes and a close-knit community, it offers a perfect environment for families and outdoor enthusiasts. The area boasts a variety of recreational activities and convenient access to major roadways.

Current Market Conditions in Kinnelon, NJ

Kinnelon's real estate market is currently experiencing an influx of buyers, driven by its reputation for quality schooling and desirable living conditions. Homes in the area have seen stable price appreciation, indicating a robust market. The demand for single-family homes continues to be strong, reflecting the area’s appeal among families.

The past few months have seen an increase in average home prices, which are currently trending upwards as inventory remains low. Homes are selling quickly, often above asking price, as buyers seek to secure their ideal residence in this sought-after community.

Home Value Estimator For Kinnelon, NJ

There are currently 3,444 real estate properties in Kinnelon, NJ, with a median automated valuation model (AVM) price of $820,091.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Kinnelon, 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 Kinnelon, NJ, is $887,013.00, with the most expensive house in Kinnelon, NJ, topping out at $24,021,318.00 and the cheapest home in Kinnelon, NJ, clocking in at $14,059.00. In other words, there’s something for every potential homebuyer or savvy investor in Kinnelon, NJ!

Rent Prices In Kinnelon, NJ

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Kinnelon, NJ, is on a rollercoaster ride. The average rent price in Kinnelon, NJ, is $2,846.00. Indeed, when looking to rent in Kinnelon, NJ, you can expect to pay as little as $1,450.00 or as much as $6,600.00, with the average rent median estimated to be $2,720.00. The good news is that finding an affordable and desirable property to rent in Kinnelon, 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.

Kinnelon, NJ Preforeclosure Homes


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