Nutley, NJ Foreclosures
How much do homes sell for in Nutley, NJ?
The average home price is currently $669,548.
In Nutley, NJ, how many homes are available?
There are currently 1 active home listings available in Nutley.
What’s the average rental cost in Nutley, NJ?
The average rental price in Nutley is $2,152.
What is the most expensive home in Nutley?
The most expensive home sold in Nutley had a price of $29,211,136.
What is currently the cheapest priced home in Nutley, NJ?
The cheapest home for sale in Nutley is priced at $58,963.
Living in Nutley, NJ
Nutley, NJ, is a picturesque suburb just a short commute from New York City, perfect for families seeking a balance of urban access and suburban tranquility. The town features quaint shops, beautiful parks, and a strong sense of community. Local schools are highly rated, making it an ideal location for families with children.
Current Market Conditions in Nutley, NJ
The real estate market in Nutley is experiencing a steady demand, with a mix of single-family homes, townhouses, and apartments appealing to a diverse range of buyers. The inventory levels are relatively low, leading to competitive bidding for desirable properties, especially those in excellent school districts and well-maintained neighborhoods.
Recently, there has been a noticeable increase in the interest from first-time homebuyers, drawn by the town's affordable pricing relative to nearby urban areas. This trend is contributing to a gradual increase in home values, making Nutley an increasingly attractive investment opportunity for potential buyers.
Home Value Estimator For Nutley, NJ
There are currently 8,591 real estate properties
in Nutley, NJ,
with a median automated valuation model (AVM) price
of $639,857.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Nutley, 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 Nutley, NJ,
is $669,548.00, with the most expensive house
in Nutley, NJ, topping out
at $29,211,136.00 and the cheapest home
in Nutley, NJ,
clocking in at $58,963.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Nutley, NJ!
Rent Prices
In Nutley, NJ
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Nutley, NJ, is on
a rollercoaster ride. The
average rent price in Nutley, NJ,
is $2,152.00. Indeed, when looking to rent in
Nutley, NJ, you can expect to pay as little
as $1,070.00 or as much
as $4,500.00,
with the average rent median estimated to
be $2,080.00. The good news is that finding
an affordable and desirable property to rent in Nutley, 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
