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Search Results in Penns Grove, NJ

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Living in Penns Grove, NJ

Penns Grove, NJ is a charming small town located along the Delaware River, known for its welcoming community atmosphere. With several parks and local amenities, residents enjoy a relaxed lifestyle while still having access to larger city conveniences. The area is family-friendly, featuring education-focused schools and engaging recreational activities.

Current Market Conditions in Penns Grove, NJ

The real estate market in Penns Grove retains a unique blend of vintage charm and modern developments, with homes often reflecting historical architecture. The market sees a balanced demand with affordable options appealing to first-time homebuyers and investors.

Current trends indicate stable home prices, with a healthy turnover rate as the community continues to attract families and individuals looking for a quieter area close to urban centers.

Home Value Estimator For Penns Grove, NJ

There are currently 2,363 real estate properties in Penns Grove, NJ, with a median automated valuation model (AVM) price of $190,507.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Penns Grove, 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 Penns Grove, NJ, is $228,301.00, with the most expensive house in Penns Grove, NJ, topping out at $19,057,576.00 and the cheapest home in Penns Grove, NJ, clocking in at $12,979.00. In other words, there’s something for every potential homebuyer or savvy investor in Penns Grove, NJ!

Rent Prices In Penns Grove, NJ

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Penns Grove, NJ, is on a rollercoaster ride. The average rent price in Penns Grove, NJ, is $1,267.00. Indeed, when looking to rent in Penns Grove, NJ, you can expect to pay as little as $870.00 or as much as $2,680.00, with the average rent median estimated to be $1,220.00. The good news is that finding an affordable and desirable property to rent in Penns Grove, 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.

Penns Grove, NJ Search Results


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