Foreclosure Homes in Paramus, NJ

Current Market Conditions in Paramus, NJ

The real estate market in Paramus is competitive, characterized by a mix of single-family homes, townhouses, and condominiums. The demand for housing remains strong, with many families seeking to settle in this desirable area due to its excellent schools and community amenities.

Recent trends show an increase in home prices, partly due to the limited inventory of available properties. Homes sell quickly, often above the asking price, due to the area's desirable location and lifestyle offerings.

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.