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Rent To Own 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 $585,374.
In Rockaway, NJ, how many homes are available?
There are currently 42 active home listings available in Rockaway.
What’s the average rental cost in Rockaway, NJ?
The average rental price in Rockaway is $2,298.
What is the most expensive home in Rockaway?
The most expensive home sold in Rockaway had a price of $13,593,617.
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 picturesque suburban town known for its community feel, strong local amenities, and convenient transportation options. Surrounded by parks and recreational facilities, residents enjoy a vibrant lifestyle with numerous activities. It’s an ideal place for families looking for both tranquility and access to metropolitan areas.

Current Market Conditions in Rockaway, NJ

The Rockaway real estate market has shown a steady increase in demand over the past year, with home prices appreciating due to a lack of inventory. The appeal of Rockaway's community atmosphere and accessibility to public transportation has made it a favorable choice for families and commuters alike.

There has been a noticeable interest in purchasing homes in the area as more buyers seek suburban living while maintaining close proximity to urban amenities. Ongoing development initiatives are also projected to enhance the local economy, further solidifying Rockaway as a desirable location.

Home Value Estimator For Rockaway, NJ

There are currently 8,176 real estate properties in Rockaway, NJ, with a median automated valuation model (AVM) price of $548,616.00. 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 $585,374.00, with the most expensive house in Rockaway, NJ, topping out at $13,593,617.00 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 $2,298.00. 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 Rent To Own Homes

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