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Multi-family Foreclosures in New Brunswick, NJ

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New Brunswick, NJ Foreclosures

How much do homes sell for in New Brunswick, NJ?
The average home price is currently $485,359.
In New Brunswick, NJ, how many homes are available?
There are currently 68 active home listings available in New Brunswick.
What’s the average rental cost in New Brunswick, NJ?
The average rental price in New Brunswick is $2,250.
What is the most expensive home in New Brunswick?
The most expensive home sold in New Brunswick had a price of $52,603,960.
What is currently the cheapest priced home in New Brunswick, NJ?
The cheapest home for sale in New Brunswick is priced at $41,000.

Living in New Brunswick, NJ

New Brunswick is a vibrant city located in Middlesex County, New Jersey, known for its rich cultural diversity and strong academic presence. It is home to Rutgers University, which significantly contributes to the local economy and offers a lively, youthful atmosphere. The city boasts a variety of restaurants, theaters, and parks, making it an attractive place for both families and young professionals.

Current Market Conditions in New Brunswick, NJ

The real estate market in New Brunswick has been experiencing steady growth, with an increase in home values and demand for rental properties due to the area's expanding job market and educational opportunities. Inventory levels are relatively low, leading to a competitive market for buyers.

Rental properties, especially near the university, are popular among students and faculty, contributing to a vibrant rental market. The diverse community and residential options make it an attractive investment opportunity.

Home Value Estimator For New Brunswick, NJ

There are currently 7,233 real estate properties in New Brunswick, NJ, with a median automated valuation model (AVM) price of $419,969.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in New Brunswick, 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 New Brunswick, NJ, is $485,359.00, with the most expensive house in New Brunswick, NJ, topping out at $52,603,960.00 and the cheapest home in New Brunswick, NJ, clocking in at $41,000.00. In other words, there’s something for every potential homebuyer or savvy investor in New Brunswick, NJ!

Rent Prices In New Brunswick, NJ

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in New Brunswick, NJ, is on a rollercoaster ride. The average rent price in New Brunswick, NJ, is $2,250.00. Indeed, when looking to rent in New Brunswick, NJ, you can expect to pay as little as $1,220.00 or as much as $5,000.00, with the average rent median estimated to be $2,230.00. The good news is that finding an affordable and desirable property to rent in New Brunswick, 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.

New Brunswick, NJ Multi-family Homes

Market Trend for New Brunswick, NJ

Total Listings Available: 68

Market Values:

Home Prices from $41,000 to $52,603,960

Average Sales Price: $485,359

Rental Values:

Rental from $1,220 to $5,000

Average Rent Value: $2,250 / month

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