Morganville, NJ Foreclosures
How much do homes sell for in Morganville, NJ?
The average home price is currently $913,459.
In Morganville, NJ, how many homes are available?
There are currently 4 active home listings available in Morganville.
What’s the average rental cost in Morganville, NJ?
The average rental price in Morganville is $3,081.
What is the most expensive home in Morganville?
The most expensive home sold in Morganville had a price of $14,519,261.
What is currently the cheapest priced home in Morganville, NJ?
The cheapest home for sale in Morganville is priced at $44,069.
Living in Morganville, NJ
Morganville, NJ, offers a perfect blend of suburban tranquility and access to urban conveniences. This community is known for its excellent schools, beautiful parks, and family-oriented environment. Conveniently located near major highways, residents enjoy easy access to nearby cities while maintaining a close-knit neighborhood feel.
Current Market Conditions in Morganville, NJ
The current real estate market in Morganville, NJ, shows signs of a steady increase in home prices, driven by demand for family-friendly neighborhoods and quality schools. As more families look to settle in the area, inventory remains low, resulting in competitive bidding situations for desirable properties. The market has become more favorable for sellers, with homes often going under contract quickly after listing.
Currently, buyers can expect to find a range of homes, from modest single-family houses to more luxurious properties. Investors are also showing interest in Morganville due to its desirable location and growing community amenities.
Home Value Estimator For Morganville, NJ
There are currently 6,492 real estate properties
in Morganville, NJ,
with a median automated valuation model (AVM) price
of $835,000.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Morganville, 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 Morganville, NJ,
is $913,459.00, with the most expensive house
in Morganville, NJ, topping out
at $14,519,261.00 and the cheapest home
in Morganville, NJ,
clocking in at $44,069.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Morganville, NJ!
Rent Prices
In Morganville, NJ
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Morganville, NJ, is on
a rollercoaster ride. The
average rent price in Morganville, NJ,
is $3,081.00. Indeed, when looking to rent in
Morganville, NJ, you can expect to pay as little
as $1,160.00 or as much
as $5,660.00,
with the average rent median estimated to
be $2,990.00. The good news is that finding
an affordable and desirable property to rent in Morganville, 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.
Learn more on Foreclosure homes
