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Cheap Homes in Lake Hopatcong, NJ

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Lake Hopatcong, NJ Foreclosures

How much do homes sell for in Lake Hopatcong, NJ?
The average home price is currently $562,043.
What’s the average rental cost in Lake Hopatcong, NJ?
The average rental price in Lake Hopatcong is $2,031.
What is the most expensive home in Lake Hopatcong?
The most expensive home sold in Lake Hopatcong had a price of $2,960,377.
What is currently the cheapest priced home in Lake Hopatcong, NJ?
The cheapest home for sale in Lake Hopatcong is priced at $20,096.

Living in Lake Hopatcong, NJ

Lake Hopatcong, NJ, offers a serene lakeside lifestyle with abundant recreational activities, vibrant community events, and access to quality education. The area is ideal for families and outdoor enthusiasts, featuring beautiful landscapes and a warm community atmosphere.

Current Market Conditions in Lake Hopatcong, NJ

The real estate market in Lake Hopatcong has seen a significant increase in interest over the past year, with families and individuals drawn to the area for its natural beauty and outdoor lifestyle. As a result, property values have risen, and the demand for homes remains strong, particularly those with lake views and waterfront access.

Current trends indicate a competitive market, with newly listed homes often receiving multiple offers. Buyers are particularly interested in newer constructions and renovated homes, which has led to a tightening of inventory.

Investors are taking notice of Lake Hopatcong's potential for vacation rentals due to its popularity as a summer destination, further driving market interest and property appreciation.

Home Value Estimator For Lake Hopatcong, NJ

There are currently 3,380 real estate properties in Lake Hopatcong, NJ, with a median automated valuation model (AVM) price of $513,747.00. 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 Hopatcong, 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 Hopatcong, NJ, is $562,043.00, with the most expensive house in Lake Hopatcong, NJ, topping out at $2,960,377.00 and the cheapest home in Lake Hopatcong, NJ, clocking in at $20,096.00. In other words, there’s something for every potential homebuyer or savvy investor in Lake Hopatcong, NJ!

Rent Prices In Lake Hopatcong, NJ

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Lake Hopatcong, NJ, is on a rollercoaster ride. The average rent price in Lake Hopatcong, NJ, is $2,031.00. Indeed, when looking to rent in Lake Hopatcong, NJ, you can expect to pay as little as $1,220.00 or as much as $3,920.00, with the average rent median estimated to be $2,010.00. The good news is that finding an affordable and desirable property to rent in Lake Hopatcong, 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.

Cheap Homes in Lake Hopatcong, NJ


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