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Preforeclosure Homes in Lodi, NJ 07644

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Lodi, NJ Foreclosures

How much do homes sell for in Lodi, NJ?
The average home price is currently $672,007.
In Lodi, NJ, how many homes are available?
There are currently 21 active home listings available in Lodi.
What’s the average rental cost in Lodi, NJ?
The average rental price in Lodi is $2,073.
What is the most expensive home in Lodi?
The most expensive home sold in Lodi had a price of $22,179,428.
What is currently the cheapest priced home in Lodi, NJ?
The cheapest home for sale in Lodi is priced at $28,845.

Living in Lodi, NJ

Lodi, NJ, is a bustling suburban borough in Bergen County offering a diverse community and rich amenities. Its proximity to New York City makes it an excellent choice for commuters, with robust public transportation options available. Families are drawn to Lodi for its reputable schools and numerous parks, creating a welcoming environment.

Current Market Conditions in Lodi, NJ

The real estate market in Lodi, NJ, is currently characterized by a steady demand for housing largely due to its proximity to New York City. Many buyers are attracted to the affordability compared to surrounding areas. The market is competitive, with homes selling relatively quickly, indicating a strong buyer interest.

As of late 2023, Lodi has seen an increase in home values driven by low inventory and a high demand for single-family homes. Investors are also beginning to notice the prospects in Lodi, especially as urban migration continues, with many seeking more space and community-oriented living situations.

Home Value Estimator For Lodi, NJ

There are currently 4,926 real estate properties in Lodi, NJ, with a median automated valuation model (AVM) price of $630,489.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Lodi, 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 Lodi, NJ, is $672,007.00, with the most expensive house in Lodi, NJ, topping out at $22,179,428.00 and the cheapest home in Lodi, NJ, clocking in at $28,845.00. In other words, there’s something for every potential homebuyer or savvy investor in Lodi, NJ!

Rent Prices In Lodi, NJ

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Lodi, NJ, is on a rollercoaster ride. The average rent price in Lodi, NJ, is $2,073.00. Indeed, when looking to rent in Lodi, NJ, you can expect to pay as little as $1,060.00 or as much as $4,320.00, 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 Lodi, 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.

Lodi, NJ 07644 Preforeclosure Homes


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