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Foreclosure Homes in Paramus, NJ

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Paramus, NJ Foreclosures

Current Market Conditions in in Paramus, NJ As of March 2026?
In the past month, the Paramus real estate market has shown signs of stability as interest rates remain relatively low, encouraging prospective buyers to enter the market. Inventory levels have also slightly increased, providing more options for buyers while maintaining prices, creating a favorable balance. Additionally, homes that are well-priced and updated continue to sell quickly, often with multiple offers.
How much do homes sell for in Paramus, NJ?
The average home price is currently $1,226,680.
In Paramus, NJ, how many homes are available?
There are currently 83 active home listings available in Paramus.
What’s the average rental cost in Paramus, NJ?
The average rental price in Paramus is $3,087.
What is the most expensive home in Paramus?
The most expensive home sold in Paramus had a price of $116,580,588.
What is currently the cheapest priced home in Paramus, NJ?
The cheapest home for sale in Paramus is priced at $17,388.

Living in Paramus, NJ

Paramus, NJ, is a thriving suburban town known for its top-notch public schools and vibrant community life. With a variety of shopping destinations, parks, and recreational activities, it caters to families and individuals alike. The area is well-connected to major highways, making commuting to New York City and other neighboring towns convenient.

Buyer vs Seller Market in Paramus, NJ

The Paramus real estate market has experienced steady growth over the past year, with a consistent demand for single-family homes fueled by families seeking access to quality schools and amenities. The area's appeal is further bolstered by its proximity to Manhattan, leading many to consider it as a desirable residential hub.

Currently, homes in Paramus are seeing an increase in median price as inventory remains competitive. Buyers are particularly interested in the town’s spacious homes with modern amenities, reflecting a trend towards larger properties due to increased remote working opportunities.

Home Value Estimator For Paramus, NJ

There are currently 8,602 real estate properties in Paramus, NJ, with a median automated valuation model (AVM) price of $965,245.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Paramus, 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 Paramus, NJ, is $1,226,680.00, with the most expensive house in Paramus, NJ, topping out at $116,580,588.00 and the cheapest home in Paramus, NJ, clocking in at $17,388.00. In other words, there’s something for every potential homebuyer or savvy investor in Paramus, NJ!

Rent Prices In Paramus, NJ

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Paramus, NJ, is on a rollercoaster ride. The average rent price in Paramus, NJ, is $3,087.00. Indeed, when looking to rent in Paramus, NJ, you can expect to pay as little as $1,620.00 or as much as $5,380.00, with the average rent median estimated to be $3,000.00. The good news is that finding an affordable and desirable property to rent in Paramus, 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.

Paramus, NJ Foreclosures

Market Trend for Paramus, NJ

Total Listings Available: 83

Market Values:

Home Prices from $17,388 to $116,580,588

Average Sales Price: $1,226,680

Rental Values:

Rental from $1,620 to $5,380

Average Rent Value: $3,087 / month

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