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Condo Foreclosures in Paramus, NJ

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Paramus, NJ Foreclosures

How much do homes sell for in Paramus, NJ?
The average home price is currently $1,051,576.
In Paramus, NJ, how many homes are available?
There are currently 103 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 $8,352,655.
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 community with top-tier schools, diverse dining, and ample recreational opportunities. Perfectly suited for families and professionals, it combines convenience with a rich local culture. Residents enjoy close proximity to shopping and transportation options, alongside a commitment to green spaces and family-friendly activities.

Current Market Conditions in Paramus, NJ

The real estate market in Paramus is competitive, with a steady demand for homes due to its desirable location and excellent school system. Property values have shown a consistent upward trend over recent years, reflecting the town's appeal and the influx of buyers seeking quality living in a suburban setting.

Currently, the market features a mix of traditional homes and modern developments, catering to various buyer preferences and budgets. Investors can anticipate potential appreciation in property values, making it a promising area for real estate investment.

Home Value Estimator For Paramus, NJ

There are currently 8,428 real estate properties in Paramus, NJ, with a median automated valuation model (AVM) price of $939,283.00. 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 $1,051,576.00, with the most expensive house in Paramus, NJ, topping out at $8,352,655.00 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 Condos


Market Trend for Paramus, NJ

Total Listings Available: 103

Market Values:

Home Prices from $17,388 to $8,352,655

Average Sales Price: $1,051,576

Rental Values:

Rental from $1,620 to $5,380

Average Rent Value: $3,087 / month

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