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Preforeclosure Homes in Rockaway, NJ 07866

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Rockaway, NJ Foreclosures

How much do homes sell for in Rockaway, NJ?
The average home price is currently $578,014.
In Rockaway, NJ, how many homes are available?
There are currently 40 active home listings available in Rockaway.
What’s the average rental cost in Rockaway, NJ?
The average rental price in Rockaway is $2,297.
What is the most expensive home in Rockaway?
The most expensive home sold in Rockaway had a price of $13,485,269.
What is currently the cheapest priced home in Rockaway, NJ?
The cheapest home for sale in Rockaway is priced at $39,753.

Living in Rockaway, NJ

Rockaway, NJ is a quaint suburban town known for its community-oriented lifestyle and easy access to recreation and amenities. The town offers a blend of historical charm and modern conveniences, with a mix of residential neighborhoods and open green spaces. Residents enjoy cozy dining options, local shops, and proximity to larger shopping centers, making it an appealing choice for families and individuals alike.

Current Market Conditions in Rockaway, NJ

Over the last year, Rockaway's real estate market has shown steady growth, reflecting an increase in demand for suburban living near major cities. Homes have generally appreciated in value, with families attracted to the area's reputation for quality schools and community amenities.

With the influx of remote workers looking for larger living spaces, Rockaway has seen a slight uptick in home prices, particularly in the single-family home segment. The market remains competitive, with a limited supply of homes driving up prices in desirable neighborhoods.

Home Value Estimator For Rockaway, NJ

There are currently 8,186 real estate properties in Rockaway, NJ, with a median automated valuation model (AVM) price of $540,552.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Rockaway, 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 Rockaway, NJ, is $578,014.00, with the most expensive house in Rockaway, NJ, topping out at $13,485,269.00 and the cheapest home in Rockaway, NJ, clocking in at $39,753.00. In other words, there’s something for every potential homebuyer or savvy investor in Rockaway, NJ!

Rent Prices In Rockaway, NJ

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Rockaway, NJ, is on a rollercoaster ride. The average rent price in Rockaway, NJ, is $2,297.00. Indeed, when looking to rent in Rockaway, NJ, you can expect to pay as little as $1,210.00 or as much as $6,320.00, with the average rent median estimated to be $2,210.00. The good news is that finding an affordable and desirable property to rent in Rockaway, 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.

Rockaway, NJ 07866 Preforeclosure Homes


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