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Rent To Own Homes in Lakewood, NJ 08723

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Lakewood, NJ Foreclosures

How much do homes sell for in Lakewood, NJ?
The average home price is currently $612,337.
In Lakewood, NJ, how many homes are available?
There are currently 406 active home listings available in Lakewood.
What’s the average rental cost in Lakewood, NJ?
The average rental price in Lakewood is $2,044.
What is the most expensive home in Lakewood?
The most expensive home sold in Lakewood had a price of $57,232,408.
What is currently the cheapest priced home in Lakewood, NJ?
The cheapest home for sale in Lakewood is priced at $17,793.

Living in Lakewood, NJ

Lakewood, NJ is a thriving community offering a blend of suburban tranquility and urban convenience. With its family-friendly atmosphere, excellent schools, and abundant recreational activities, it’s an ideal place for new homeowners. The diverse population and robust local economy contribute to the vibrant culture of this town.

Current Market Conditions in Lakewood, NJ

The Lakewood real estate market is currently experiencing a significant demand with low inventory levels. Homes are selling faster than in previous years, which is driving prices upward. This trend is evident in both single-family homes and condominiums as more people are looking to settle in this community.

Lakewood's market has become increasingly competitive over the past year, with many buyers vying for the same properties. Buyers should be prepared for potential bidding wars as the demand continues to outpace the supply of available homes.

Home Value Estimator For Lakewood, NJ

There are currently 27,540 real estate properties in Lakewood, NJ, with a median automated valuation model (AVM) price of $535,443.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Lakewood, 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 Lakewood, NJ, is $612,337.00, with the most expensive house in Lakewood, NJ, topping out at $57,232,408.00 and the cheapest home in Lakewood, NJ, clocking in at $17,793.00. In other words, there’s something for every potential homebuyer or savvy investor in Lakewood, NJ!

Rent Prices In Lakewood, NJ

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Lakewood, NJ, is on a rollercoaster ride. The average rent price in Lakewood, NJ, is $2,044.00. Indeed, when looking to rent in Lakewood, NJ, you can expect to pay as little as $1,100.00 or as much as $5,400.00, with the average rent median estimated to be $1,980.00. The good news is that finding an affordable and desirable property to rent in Lakewood, 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.

Lakewood, NJ 08723 Rent To Own Homes

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