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City-owned Homes And Land in Montville, NJ 07045

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Montville, NJ Foreclosures

How much do homes sell for in Montville, NJ?
The average home price is currently $823,861.
In Montville, NJ, how many homes are available?
There are currently 64 active home listings available in Montville.
What’s the average rental cost in Montville, NJ?
The average rental price in Montville is $3,049.
What is the most expensive home in Montville?
The most expensive home sold in Montville had a price of $4,058,357.
What is currently the cheapest priced home in Montville, NJ?
The cheapest home for sale in Montville is priced at $73,078.

Living in Montville, NJ

Montville, NJ, is a charming suburban township that combines a strong community spirit with excellent schools and abundant green spaces. Residents enjoy a peaceful lifestyle with access to recreational activities, parks, and family-friendly amenities. Montville's idyllic setting makes it a desirable location for families looking to settle down in Morris County.

Current Market Conditions in Montville, NJ

The real estate market in Montville has been relatively stable, showing consistent appreciation over the past few years. The demand for homes, particularly for single-family residences, reflects the township's desirable school district and suburban lifestyle.

Currently, there is a slight increase in property listings, providing potential buyers with more options. However, home prices remain competitive due to the area’s high desirability, leading to quick sales in many instances.

Home Value Estimator For Montville, NJ

There are currently 3,738 real estate properties in Montville, NJ, with a median automated valuation model (AVM) price of $766,987.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Montville, 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 Montville, NJ, is $823,861.00, with the most expensive house in Montville, NJ, topping out at $4,058,357.00 and the cheapest home in Montville, NJ, clocking in at $73,078.00. In other words, there’s something for every potential homebuyer or savvy investor in Montville, NJ!

Rent Prices In Montville, NJ

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Montville, NJ, is on a rollercoaster ride. The average rent price in Montville, NJ, is $3,049.00. Indeed, when looking to rent in Montville, NJ, you can expect to pay as little as $1,460.00 or as much as $7,600.00, with the average rent median estimated to be $2,970.00. The good news is that finding an affordable and desirable property to rent in Montville, 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.

Montville, NJ 07045 City-owned Homes And Land


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