Montague, NJ Foreclosures
How much do homes sell for in Montague, NJ?
The average home price is currently $352,570.
In Montague, NJ, how many homes are available?
There are currently 37 active home listings available in Montague.
What’s the average rental cost in Montague, NJ?
The average rental price in Montague is $1,529.
What is the most expensive home in Montague?
The most expensive home sold in Montague had a price of $4,501,022.
What is currently the cheapest priced home in Montague, NJ?
The cheapest home for sale in Montague is priced at $10,030.
Living in Montague, NJ
Montague, NJ is a serene township in Sussex County renowned for its beautiful landscapes and outdoor activities. The area offers a range of hiking and outdoor recreational options along the Delaware River, making it an ideal spot for nature enthusiasts. With a close-knit community vibe, local amenities, and a small-town feel, Montague attracts families and individuals alike.
Current Market Conditions in Montague, NJ
The real estate market in Montague, NJ is currently stable, showing moderate growth with increased interest from buyers seeking larger homes and a rural lifestyle. The demand for properties, particularly those near outdoor amenities, has led to a slight uptick in prices, but the market remains accessible for first-time buyers.
Over the past month, home sales in Montague have increased slightly, with more listings becoming available. However, the inventory remains lower than average, causing competitive bidding in some segments. Interest in the area from out-of-state buyers looking for vacation homes has contributed to the current dynamics.
Over the past year, Montague's real estate market has shown resilience despite broader national trends. Home values have appreciated modestly as more people appreciate the benefits of living in a quieter, nature-filled environment. As urban dwellers look for space and community, Montague has positioned itself as an attractive option.
Home Value Estimator For Montague, NJ
There are currently 1,628 real estate properties
in Montague, NJ,
with a median automated valuation model (AVM) price
of $368,287.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Montague, 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 Montague, NJ,
is $352,570.00, with the most expensive house
in Montague, NJ, topping out
at $4,501,022.00 and the cheapest home
in Montague, NJ,
clocking in at $10,030.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Montague, NJ!
Rent Prices
In Montague, NJ
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Montague, NJ, is on
a rollercoaster ride. The
average rent price in Montague, NJ,
is $1,529.00. Indeed, when looking to rent in
Montague, NJ, you can expect to pay as little
as $900.00 or as much
as $3,610.00,
with the average rent median estimated to
be $1,530.00. The good news is that finding
an affordable and desirable property to rent in Montague, 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.
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