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Port Murray, NJ Foreclosures

Current Market Conditions in in Port Murray, NJ As of March 2026?
In recent months, the real estate market in Port Murray has exhibited signs of a slight upward trend. Home prices have increased by approximately 5% since last month, as the area continues to attract potential buyers drawn to its tranquil setting and strong community values. The demand remains high, though inventory levels have not significantly increased, causing homes to sell quickly. Many listings have received multiple offers, leading to a competitive marketplace where homes are valued substantially higher than last year.
How much do homes sell for in Port Murray, NJ?
The average home price is currently $484,165.
In Port Murray, NJ, how many homes are available?
There are currently 1 active home listings available in Port Murray.
What’s the average rental cost in Port Murray, NJ?
The average rental price in Port Murray is $1,903.
What is the most expensive home in Port Murray?
The most expensive home sold in Port Murray had a price of $13,956,970.
What is currently the cheapest priced home in Port Murray, NJ?
The cheapest home for sale in Port Murray is priced at $11,357.

Living in Port Murray, NJ

Port Murray is a charming community located in Morris County, New Jersey. Known for its scenic landscapes and peaceful environment, the area offers a harmonious blend of suburban living with easy access to urban amenities. Residents enjoy a wholesome lifestyle with local shops, parks, and recreational activities nearby.

Buyer vs Seller Market in Port Murray, NJ

Port Murray's real estate market has shown steady growth, with an increasing demand for properties in the area. Factors such as its serene environment and proximity to employment centers contribute to the attraction of homebuyers. The market has seen a rise in home values, indicating a healthy investment environment for new buyers and investors alike.

Recent trends show that homes in Port Murray are selling faster than previous years, reflecting a competitive market. The influx of families and professionals looking for a community with a peaceful lifestyle continues to drive demand, with low inventory creating opportunities for potential sellers.

Home Value Estimator For Port Murray, NJ

There are currently 1,034 real estate properties in Port Murray, NJ, with a median automated valuation model (AVM) price of $454,630.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Port Murray, 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 Port Murray, NJ, is $484,165.00, with the most expensive house in Port Murray, NJ, topping out at $13,956,970.00 and the cheapest home in Port Murray, NJ, clocking in at $11,357.00. In other words, there’s something for every potential homebuyer or savvy investor in Port Murray, NJ!

Rent Prices In Port Murray, NJ

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Port Murray, NJ, is on a rollercoaster ride. The average rent price in Port Murray, NJ, is $1,903.00. Indeed, when looking to rent in Port Murray, NJ, you can expect to pay as little as $1,070.00 or as much as $4,610.00, with the average rent median estimated to be $1,850.00. The good news is that finding an affordable and desirable property to rent in Port Murray, 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.

Port Murray, NJ Search Results


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