Mount Tabor, NJ Foreclosures
How much do homes sell for in Mount Tabor, NJ?
The average home price is currently $523,565.
In Mount Tabor, NJ, how many homes are available?
There are currently 1 active home listings available in Mount Tabor.
What’s the average rental cost in Mount Tabor, NJ?
The average rental price in Mount Tabor is $2,335.
What is the most expensive home in Mount Tabor?
The most expensive home sold in Mount Tabor had a price of $905,069.
What is currently the cheapest priced home in Mount Tabor, NJ?
The cheapest home for sale in Mount Tabor is priced at $206,438.
Living in Mount Tabor, NJ
Mount Tabor, a charming community in Morris County, is known for its rich history and peaceful surroundings. Nestled on a picturesque hillside, it offers a unique blend of suburban tranquility and access to urban amenities. Residents enjoy a close-knit community vibe with easy access to beautiful parks and local shops.
Current Market Conditions in Mount Tabor, NJ
The Mount Tabor real estate market presents a mix of charming homes and community-focused living. Recently, there has been a slight uptick in home values, indicative of a recovering market as more buyers are drawn to the area's quaint charm and community engagement. The demand for homes in this region remains strong, with the average time on the market decreasing as buyers look for properties that suit families and those working in nearby urban areas.
As more people discover Mount Tabor's appeal, the competition among buyers has also increased, particularly among families and individuals seeking retreat from larger urban areas like Newark and New York City. This increased interest has contributed to a steady rise in property prices, further indicating a favorable environment for sellers.
Home Value Estimator For Mount Tabor, NJ
There are currently 274 real estate properties
in Mount Tabor, NJ,
with a median automated valuation model (AVM) price
of $505,853.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Mount Tabor, 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 Mount Tabor, NJ,
is $523,565.00, with the most expensive house
in Mount Tabor, NJ, topping out
at $905,069.00 and the cheapest home
in Mount Tabor, NJ,
clocking in at $206,438.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Mount Tabor, NJ!
Rent Prices
In Mount Tabor, NJ
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Mount Tabor, NJ, is on
a rollercoaster ride. The
average rent price in Mount Tabor, NJ,
is $2,335.00. Indeed, when looking to rent in
Mount Tabor, NJ, you can expect to pay as little
as $1,430.00 or as much
as $3,290.00,
with the average rent median estimated to
be $2,320.00. The good news is that finding
an affordable and desirable property to rent in Mount Tabor, 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
