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Foreclosures in Princeton, NJ

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Living in Princeton, NJ

Princeton, NJ is a historic town known for its prestigious university and a vibrant mix of cultural, educational, and recreational activities. The community is characterized by beautiful parks and easy access to public transportation. Residents enjoy a high quality of life in a picturesque setting.

Current Market Conditions in Princeton, NJ

The real estate market in Princeton is currently experiencing a high demand fueled by families seeking exceptional schools and professionals drawn to the area's universities and research institutions. Homes in the region are maintained well, reflecting the town's overall desirability.

Recent trends indicate a steady appreciation in property values due to limited inventory and a growing influx of buyers drawn to the strong community and local amenities. Investors can expect good rental yields and an appreciation in property values over time.

Home Value Estimator For Princeton, NJ

There are currently 16,427 real estate properties in Princeton, NJ, with a median automated valuation model (AVM) price of $899,121.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Princeton, 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 Princeton, NJ, is $1,070,407.00, with the most expensive house in Princeton, NJ, topping out at $37,641,510.00 and the cheapest home in Princeton, NJ, clocking in at $13,070.00. In other words, there’s something for every potential homebuyer or savvy investor in Princeton, NJ!

Rent Prices In Princeton, NJ

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Princeton, NJ, is on a rollercoaster ride. The average rent price in Princeton, NJ, is $3,105.00. Indeed, when looking to rent in Princeton, NJ, you can expect to pay as little as $890.00 or as much as $5,940.00, 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 Princeton, 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.

Princeton, NJ Foreclosures


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