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Foreclosure Homes in Mountain Lakes, NJ 07046

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Mountain Lakes, NJ Foreclosures

Current Market Conditions in in Mountain Lakes, NJ As of January 2026?
In the past month, the real estate market in Mountain Lakes has remained strong, with a slight increase in average home prices compared to the previous month. Inventory remains low, which has intensified competition among buyers, leading to quicker sales and multiple offers on desirable properties. Many homes are seeing bidding wars, reflecting the high demand and low availability in this attractive area.
How much do homes sell for in Mountain Lakes, NJ?
The average home price is currently $1,275,055.
In Mountain Lakes, NJ, how many homes are available?
There are currently 13 active home listings available in Mountain Lakes.
What’s the average rental cost in Mountain Lakes, NJ?
The average rental price in Mountain Lakes is $4,127.
What is the most expensive home in Mountain Lakes?
The most expensive home sold in Mountain Lakes had a price of $7,814,131.
What is currently the cheapest priced home in Mountain Lakes, NJ?
The cheapest home for sale in Mountain Lakes is priced at $19,535.

Living in Mountain Lakes, NJ

Mountain Lakes, NJ is a scenic borough providing a serene suburban lifestyle while maintaining easy access to urban amenities. With its beautiful lakes, parks, and top-rated schools, it's a sought-after location for families and outdoor lovers alike. The strong community spirit and perfect blend of nature and comfort make it a unique place to call home.

Buyer vs Seller Market in Mountain Lakes, NJ

The Mountain Lakes real estate market is currently experiencing a competitive environment, with demand outpacing supply. Homes in this desirable area are selling quickly, often above listing price, as buyers are drawn to its charm, schools, and overall quality of life.

The market has seen steady appreciation over the past few years, and local real estate trends indicate that property values are expected to continue to rise as more buyers seek homes in this idyllic setting.

Home Value Estimator For Mountain Lakes, NJ

There are currently 1,540 real estate properties in Mountain Lakes, NJ, with a median automated valuation model (AVM) price of $1,198,075.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Mountain Lakes, 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 Mountain Lakes, NJ, is $1,275,055.00, with the most expensive house in Mountain Lakes, NJ, topping out at $7,814,131.00 and the cheapest home in Mountain Lakes, NJ, clocking in at $19,535.00. In other words, there’s something for every potential homebuyer or savvy investor in Mountain Lakes, NJ!

Rent Prices In Mountain Lakes, NJ

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Mountain Lakes, NJ, is on a rollercoaster ride. The average rent price in Mountain Lakes, NJ, is $4,127.00. Indeed, when looking to rent in Mountain Lakes, NJ, you can expect to pay as little as $2,070.00 or as much as $5,960.00, with the average rent median estimated to be $4,100.00. The good news is that finding an affordable and desirable property to rent in Mountain Lakes, 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.

Mountain Lakes, NJ 07046 Foreclosures

Market Trend for Mountain Lakes, NJ

Total Listings Available: 13

Market Values:

Home Prices from $19,535 to $7,814,131

Average Sales Price: $1,275,055

Rental Values:

Rental from $2,070 to $5,960

Average Rent Value: $4,127 / month

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