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Foreclosure Homes in Oak Ridge, NJ

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Oak Ridge, NJ Foreclosures

How much do homes sell for in Oak Ridge, NJ?
The average home price is currently $532,678.
In Oak Ridge, NJ, how many homes are available?
There are currently 76 active home listings available in Oak Ridge.
What’s the average rental cost in Oak Ridge, NJ?
The average rental price in Oak Ridge is $2,046.
What is the most expensive home in Oak Ridge?
The most expensive home sold in Oak Ridge had a price of $4,524,262.
What is currently the cheapest priced home in Oak Ridge, NJ?
The cheapest home for sale in Oak Ridge is priced at $101,894.

Living in Oak Ridge, NJ

Oak Ridge, NJ is a serene suburban community that's perfect for families and nature lovers alike. With its picturesque parks, recreational spaces, and a strong sense of community, it offers a peaceful environment while being well-connected to urban conveniences. Residents enjoy outdoor activities and a family-friendly atmosphere that makes Oak Ridge a wonderful place to call home.

Current Market Conditions in Oak Ridge, NJ

The real estate market in Oak Ridge, NJ has shown steady growth over the past year. Property values have increased as more families seek out the peaceful, rural lifestyle while still being within commuting distance to major cities. Inventory levels are lower than usual, leading to more competition among buyers, particularly for homes in good condition with modern amenities.

In recent months, the demand for homes has continued to surge, with many properties receiving multiple offers within days of listing. This trend indicates a strong seller's market where buyers may need to act quickly to secure a home. The growth in housing demand is attributed to the ongoing trend of people seeking more space and a quieter lifestyle, a trend that has been intensified by the pandemic.

Home Value Estimator For Oak Ridge, NJ

There are currently 3,971 real estate properties in Oak Ridge, NJ, with a median automated valuation model (AVM) price of $514,427.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Oak Ridge, 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 Oak Ridge, NJ, is $532,678.00, with the most expensive house in Oak Ridge, NJ, topping out at $4,524,262.00 and the cheapest home in Oak Ridge, NJ, clocking in at $101,894.00. In other words, there’s something for every potential homebuyer or savvy investor in Oak Ridge, NJ!

Rent Prices In Oak Ridge, NJ

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Oak Ridge, NJ, is on a rollercoaster ride. The average rent price in Oak Ridge, NJ, is $2,046.00. Indeed, when looking to rent in Oak Ridge, NJ, you can expect to pay as little as $1,220.00 or as much as $4,000.00, with the average rent median estimated to be $2,000.00. The good news is that finding an affordable and desirable property to rent in Oak Ridge, 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.

Oak Ridge, NJ Foreclosures


Market Trend for Oak Ridge, NJ

Total Listings Available: 76

Market Values:

Home Prices from $101,894 to $4,524,262

Average Sales Price: $532,678

Rental Values:

Rental from $1,220 to $4,000

Average Rent Value: $2,046 / month

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