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Rent To Own Homes in Magnolia, NJ 08049

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Magnolia, NJ Foreclosures

How much do homes sell for in Magnolia, NJ?
The average home price is currently $313,445.
In Magnolia, NJ, how many homes are available?
There are currently 21 active home listings available in Magnolia.
What’s the average rental cost in Magnolia, NJ?
The average rental price in Magnolia is $1,484.
What is the most expensive home in Magnolia?
The most expensive home sold in Magnolia had a price of $5,500,000.
What is currently the cheapest priced home in Magnolia, NJ?
The cheapest home for sale in Magnolia is priced at $31,168.

Living in Magnolia, NJ

Magnolia, NJ is a charming suburban borough offering a peaceful, family-friendly atmosphere with easy access to urban amenities. The area features numerous parks, quality schools, and vibrant community events. Its proximity to major highways makes it an ideal location for commuters and those seeking a balance between suburban tranquility and city convenience.

Current Market Conditions in Magnolia, NJ

The real estate market in Magnolia has seen steady trends with gradual price increases over the past year, indicating a healthy demand for homes in the area. The community’s appeal as a family-friendly environment continues to attract buyers, especially those relocating from nearby urban centers.

With a growing interest in suburban living, Magnolia is experiencing a surge in home renovations and new constructions, reflecting the desire for updated amenities among potential buyers. As a result, homes in the area are frequently listed and often sell quickly, especially those in good condition and desirable locations.

Home Value Estimator For Magnolia, NJ

There are currently 1,815 real estate properties in Magnolia, NJ, with a median automated valuation model (AVM) price of $307,565.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Magnolia, 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 Magnolia, NJ, is $313,445.00, with the most expensive house in Magnolia, NJ, topping out at $5,500,000.00 and the cheapest home in Magnolia, NJ, clocking in at $31,168.00. In other words, there’s something for every potential homebuyer or savvy investor in Magnolia, NJ!

Rent Prices In Magnolia, NJ

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Magnolia, NJ, is on a rollercoaster ride. The average rent price in Magnolia, NJ, is $1,484.00. Indeed, when looking to rent in Magnolia, NJ, you can expect to pay as little as $750.00 or as much as $2,550.00, with the average rent median estimated to be $1,460.00. The good news is that finding an affordable and desirable property to rent in Magnolia, 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.

Magnolia, NJ 08049 Rent To Own Homes

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