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Bankruptcy Homes in Morris Plains, NJ

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Morris Plains, NJ Foreclosures

How much do homes sell for in Morris Plains, NJ?
The average home price is currently $698,556.
In Morris Plains, NJ, how many homes are available?
There are currently 15 active home listings available in Morris Plains.
What’s the average rental cost in Morris Plains, NJ?
The average rental price in Morris Plains is $2,660.
What is the most expensive home in Morris Plains?
The most expensive home sold in Morris Plains had a price of $58,236,056.
What is currently the cheapest priced home in Morris Plains, NJ?
The cheapest home for sale in Morris Plains is priced at $85,076.

Living in Morris Plains, NJ

Morris Plains, NJ, is a picturesque community offering a serene atmosphere combined with urban conveniences. Residents enjoy access to excellent schools, local shops, and parks, while the Morris Plains train station ensures easy commuting to New York City. The area prides itself on its strong community spirit and active lifestyle.

Current Market Conditions in Morris Plains, NJ

The Morris Plains real estate market has shown consistent growth over the past year, driven by its desirable location and quality of life. The demand for single-family homes remains high, with competitive pricing attracting both homebuyers and investors alike.

Inventory levels are low compared to demand, resulting in a seller's market. Homes are typically on the market for a shorter duration, and bidding wars are common, especially for well-maintained properties in sought-after neighborhoods.

Home Value Estimator For Morris Plains, NJ

There are currently 7,179 real estate properties in Morris Plains, NJ, with a median automated valuation model (AVM) price of $698,520.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Morris Plains, 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 Morris Plains, NJ, is $698,556.00, with the most expensive house in Morris Plains, NJ, topping out at $58,236,056.00 and the cheapest home in Morris Plains, NJ, clocking in at $85,076.00. In other words, there’s something for every potential homebuyer or savvy investor in Morris Plains, NJ!

Rent Prices In Morris Plains, NJ

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Morris Plains, NJ, is on a rollercoaster ride. The average rent price in Morris Plains, NJ, is $2,660.00. Indeed, when looking to rent in Morris Plains, NJ, you can expect to pay as little as $1,290.00 or as much as $5,860.00, with the average rent median estimated to be $2,660.00. The good news is that finding an affordable and desirable property to rent in Morris Plains, 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.

Morris Plains, NJ Bankruptcy Homes

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