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Short Sale Listings in Lafayette, NJ 07848

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Living in Lafayette, NJ

Lafayette, NJ is a picturesque township nestled in Sussex County, known for its scenic landscapes and peaceful rural lifestyle. Perfect for families and outdoor lovers, it offers a blend of natural beauty, community spirit, and access to quality schools and local amenities.

Current Market Conditions in Lafayette, NJ

The real estate market in Lafayette, NJ is currently experiencing steady growth, with demand for homes increasing due to its appealing rural setting and access to natural areas. Home buyers are drawn to the quaint community vibe and family-friendly amenities that the township offers. As of now, there is a mix of both single-family homes and larger estates available, catering to a variety of buyers.

Over the past year, Lafayette has seen a rise in home prices, demonstrating the desirability of this area. With its proximity to major highways, it remains an attractive option for those working in urban centers but seeking a serene living environment.

Home Value Estimator For Lafayette, NJ

There are currently 1,503 real estate properties in Lafayette, NJ, with a median automated valuation model (AVM) price of $512,814.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Lafayette, 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 Lafayette, NJ, is $532,058.00, with the most expensive house in Lafayette, NJ, topping out at $6,923,400.00 and the cheapest home in Lafayette, NJ, clocking in at $109,570.00. In other words, there’s something for every potential homebuyer or savvy investor in Lafayette, NJ!

Rent Prices In Lafayette, NJ

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Lafayette, NJ, is on a rollercoaster ride. The average rent price in Lafayette, NJ, is $2,048.00. Indeed, when looking to rent in Lafayette, NJ, you can expect to pay as little as $1,000.00 or as much as $4,100.00, with the average rent median estimated to be $2,040.00. The good news is that finding an affordable and desirable property to rent in Lafayette, 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.

Lafayette, NJ 07848 Short Sale Listings


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