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Foreclosures in Pequannock, NJ

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Pequannock, NJ Foreclosures

How much do homes sell for in Pequannock, NJ?
The average home price is currently $662,442.
In Pequannock, NJ, how many homes are available?
There are currently 48 active home listings available in Pequannock.
What’s the average rental cost in Pequannock, NJ?
The average rental price in Pequannock is $2,644.
What is the most expensive home in Pequannock?
The most expensive home sold in Pequannock had a price of $3,750,000.
What is currently the cheapest priced home in Pequannock, NJ?
The cheapest home for sale in Pequannock is priced at $10,273.

Living in Pequannock, NJ

Pequannock, NJ is a quaint township in Morris County offering a suburban lifestyle with easy access to urban conveniences. The community features beautiful parks, local shops, and reputable schools, making it an ideal place for families and professionals alike. With its welcoming atmosphere, Pequannock is perfect for those looking to enjoy a balanced life between nature and urban amenities.

Current Market Conditions in Pequannock, NJ

The real estate market in Pequannock, NJ has shown positive growth trends in 2023. The demand for single-family homes has increased, driven by the area's appealing community vibe and comprehensive amenities. Potential buyers are particularly attracted to the spacious lots and well-maintained homes, leading to quicker sale times compared to previous years, and an uptick in property values.

Data suggests that homes in Pequannock have appreciated steadily over the past year, reflecting broader trends in Morris County. As more families and professionals discover the charm of Pequannock, market competition is heating up, resulting in higher asking prices and decreased inventory.

Home Value Estimator For Pequannock, NJ

There are currently 1,489 real estate properties in Pequannock, NJ, with a median automated valuation model (AVM) price of $637,797.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Pequannock, 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 Pequannock, NJ, is $662,442.00, with the most expensive house in Pequannock, NJ, topping out at $3,750,000.00 and the cheapest home in Pequannock, NJ, clocking in at $10,273.00. In other words, there’s something for every potential homebuyer or savvy investor in Pequannock, NJ!

Rent Prices In Pequannock, NJ

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Pequannock, NJ, is on a rollercoaster ride. The average rent price in Pequannock, NJ, is $2,644.00. Indeed, when looking to rent in Pequannock, NJ, you can expect to pay as little as $1,310.00 or as much as $5,300.00, with the average rent median estimated to be $2,670.00. The good news is that finding an affordable and desirable property to rent in Pequannock, 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.

Pequannock, NJ Foreclosures


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