Ledgewood, NJ Foreclosures
How much do homes sell for in Ledgewood, NJ?
The average home price is currently $574,755.
In Ledgewood, NJ, how many homes are available?
There are currently 44 active home listings available in Ledgewood.
What’s the average rental cost in Ledgewood, NJ?
The average rental price in Ledgewood is $2,197.
What is the most expensive home in Ledgewood?
The most expensive home sold in Ledgewood had a price of $1,419,664.
What is currently the cheapest priced home in Ledgewood, NJ?
The cheapest home for sale in Ledgewood is priced at $129,131.
Living in Ledgewood, NJ
Ledgewood is a charming community in Roxbury Township, New Jersey, known for its suburban feel and family-friendly environment. It boasts a range of amenities, parks, and easy access to local shopping centers. The area is well-connected by transportation options, making it attractive for commuters and families alike.
Current Market Conditions in Ledgewood, NJ
The real estate market in Ledgewood remains competitive, with increasing interest from homebuyers seeking family-friendly neighborhoods. Inventory levels have stabilized, leading to a slight increase in home prices, indicative of the area's desirability. As a result, homes tend to sell relatively quickly, especially those that are well-maintained and priced appropriately.
New developments and renovations of existing properties contribute to a steady demand, helping to retain property values in Ledgewood. Buyers are particularly drawn to homes that offer outdoor space and modern amenities, reflecting a shift towards work-from-home flexibility.
As of late 2023, the rental market has also seen increased activity, appealing to those looking for short-term stays or potential investment opportunities.
Home Value Estimator For Ledgewood, NJ
There are currently 1,427 real estate properties
in Ledgewood, NJ,
with a median automated valuation model (AVM) price
of $506,766.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Ledgewood, 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 Ledgewood, NJ,
is $574,755.00, with the most expensive house
in Ledgewood, NJ, topping out
at $1,419,664.00 and the cheapest home
in Ledgewood, NJ,
clocking in at $129,131.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Ledgewood, NJ!
Rent Prices
In Ledgewood, NJ
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Ledgewood, NJ, is on
a rollercoaster ride. The
average rent price in Ledgewood, NJ,
is $2,197.00. Indeed, when looking to rent in
Ledgewood, NJ, you can expect to pay as little
as $1,210.00 or as much
as $3,940.00,
with the average rent median estimated to
be $2,110.00. The good news is that finding
an affordable and desirable property to rent in Ledgewood, 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.
Learn more on Foreclosure homes
