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Preforeclosure Homes in Lake Hiawatha, NJ

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Living in Lake Hiawatha, NJ

Lake Hiawatha, NJ is a charming residential area known for its scenic lake, friendly community, and excellent educational facilities. With various parks and recreational activities, it's perfect for families seeking a peaceful lifestyle with easy access to urban amenities.

Current Market Conditions in Lake Hiawatha, NJ

The real estate market in Lake Hiawatha is currently experiencing a steady increase in home values, driven by demand from families seeking a suburban lifestyle close to urban conveniences. Recent data shows that home prices have risen moderately, with competitive bidding for well-maintained homes.

As of late 2023, the average home price in Lake Hiawatha has surpassed pre-pandemic levels, reflecting the ongoing trend of people moving away from densely populated cities in search of more space and community-oriented living. This shift has driven up demand in the area.

Home Value Estimator For Lake Hiawatha, NJ

There are currently 2,606 real estate properties in Lake Hiawatha, NJ, with a median automated valuation model (AVM) price of $484,571.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Lake Hiawatha, 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 Lake Hiawatha, NJ, is $490,952.00, with the most expensive house in Lake Hiawatha, NJ, topping out at $2,200,400.00 and the cheapest home in Lake Hiawatha, NJ, clocking in at $165,173.00. In other words, there’s something for every potential homebuyer or savvy investor in Lake Hiawatha, NJ!

Rent Prices In Lake Hiawatha, NJ

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Lake Hiawatha, NJ, is on a rollercoaster ride. The average rent price in Lake Hiawatha, NJ, is $1,892.00. Indeed, when looking to rent in Lake Hiawatha, NJ, you can expect to pay as little as $1,040.00 or as much as $4,620.00, with the average rent median estimated to be $1,890.00. The good news is that finding an affordable and desirable property to rent in Lake Hiawatha, 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.

Lake Hiawatha, NJ Preforeclosure Homes


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