Rivervale, NJ Foreclosures
How much do homes sell for in Rivervale, NJ?
The average home price is currently $916,361.
In Rivervale, NJ, how many homes are available?
There are currently 1 active home listings available in Rivervale.
What’s the average rental cost in Rivervale, NJ?
The average rental price in Rivervale is $2,967.
What is the most expensive home in Rivervale?
The most expensive home sold in Rivervale had a price of $2,831,379.
What is currently the cheapest priced home in Rivervale, NJ?
The cheapest home for sale in Rivervale is priced at $181,275.
Living in Rivervale, NJ
Rivervale, NJ, is a picturesque suburb in Bergen County, known for its family-friendly atmosphere, exceptional schools, and abundant green spaces. Residents can enjoy a perfect blend of serenity and convenience, with quick access to major highways and public transport to New York City. With various outdoor recreational options available, Rivervale is ideal for both families and outdoor enthusiasts.
Current Market Conditions in Rivervale, NJ
The real estate market in Rivervale, NJ, has seen steady growth over the past few months, driven by high demand for suburban living amidst the ongoing trend of urban flight. Homebuyers are particularly attracted to the area's low crime rates, quality schools, and attractive parks. Prices have appreciated moderately as inventory remains limited, encouraging competitive bidding in many cases.
Compared to last year, Rivervale's housing market shows a significant increase in home values, attributed to its growing reputation as a desirable family-friendly locale. Many buyers are drawn to the spacious homes and outdoor amenities, which have become more sought after since the pandemic. The average time on the market has decreased as well, indicating a robust demand for housing in this picturesque town.
Home Value Estimator For Rivervale, NJ
There are currently 3,017 real estate properties
in Rivervale, NJ,
with a median automated valuation model (AVM) price
of $903,330.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Rivervale, 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 Rivervale, NJ,
is $916,361.00, with the most expensive house
in Rivervale, NJ, topping out
at $2,831,379.00 and the cheapest home
in Rivervale, NJ,
clocking in at $181,275.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Rivervale, NJ!
Rent Prices
In Rivervale, NJ
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Rivervale, NJ, is on
a rollercoaster ride. The
average rent price in Rivervale, NJ,
is $2,967.00. Indeed, when looking to rent in
Rivervale, NJ, you can expect to pay as little
as $1,600.00 or as much
as $5,000.00,
with the average rent median estimated to
be $3,040.00. The good news is that finding
an affordable and desirable property to rent in Rivervale, 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.
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