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Foreclosure Homes in Milltown, NJ 08850

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Milltown, NJ Foreclosures

How much do homes sell for in Milltown, NJ?
The average home price is currently $552,592.
In Milltown, NJ, how many homes are available?
There are currently 86 active home listings available in Milltown.
What’s the average rental cost in Milltown, NJ?
The average rental price in Milltown is $2,232.
What is the most expensive home in Milltown?
The most expensive home sold in Milltown had a price of $3,484,700.
What is currently the cheapest priced home in Milltown, NJ?
The cheapest home for sale in Milltown is priced at $183,300.

Living in Milltown, NJ

Milltown, NJ is a picturesque borough with a rich history and a strong sense of community. Its cozy neighborhoods are home to well-rated schools, ample parks, and convenient access to public transportation, making it ideal for families and young professionals. With a variety of local events and recreational opportunities, Milltown offers a balanced lifestyle close to larger metropolitan areas.

Current Market Conditions in Milltown, NJ

The current real estate market in Milltown is stable, with a steady demand for homes driven by families and first-time buyers. As of now, the average home has shown slight appreciation in value, signaling a healthy market trend over recent years.

Investors are finding Milltown an attractive option due to its affordable home prices compared to neighboring areas and the potential for value growth. The combination of good schools, low crime rates, and community-focused amenities make this borough a wise investment choice.

Home Value Estimator For Milltown, NJ

There are currently 2,886 real estate properties in Milltown, NJ, with a median automated valuation model (AVM) price of $532,949.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Milltown, 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 Milltown, NJ, is $552,592.00, with the most expensive house in Milltown, NJ, topping out at $3,484,700.00 and the cheapest home in Milltown, NJ, clocking in at $183,300.00. In other words, there’s something for every potential homebuyer or savvy investor in Milltown, NJ!

Rent Prices In Milltown, NJ

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Milltown, NJ, is on a rollercoaster ride. The average rent price in Milltown, NJ, is $2,232.00. Indeed, when looking to rent in Milltown, NJ, you can expect to pay as little as $1,310.00 or as much as $6,420.00, with the average rent median estimated to be $2,180.00. The good news is that finding an affordable and desirable property to rent in Milltown, 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.

Milltown, NJ 08850 Foreclosures


Market Trend for Milltown, NJ

Total Listings Available: 86

Market Values:

Home Prices from $183,300 to $3,484,700

Average Sales Price: $552,592

Rental Values:

Rental from $1,310 to $6,420

Average Rent Value: $2,232 / month

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