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Condo Foreclosures in Rumson, NJ 07760

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Rumson, NJ Foreclosures

How much do homes sell for in Rumson, NJ?
The average home price is currently $2,581,020.
In Rumson, NJ, how many homes are available?
There are currently 1 active home listings available in Rumson.
What’s the average rental cost in Rumson, NJ?
The average rental price in Rumson is $4,661.
What is the most expensive home in Rumson?
The most expensive home sold in Rumson had a price of $26,932,835.
What is currently the cheapest priced home in Rumson, NJ?
The cheapest home for sale in Rumson is priced at $33,863.

Living in Rumson, NJ

Rumson, NJ, is a picturesque borough known for its luxurious homes, vibrant community, and stunning river views. This area offers an abundance of recreational activities and top-rated schools, making it ideal for families and professionals. The proximity to New York City combines the tranquility of suburban living with the excitement of urban accessibility.

Current Market Conditions in Rumson, NJ

Rumson's real estate market is characterized by high demand and limited inventory, which contributes to rising home prices. The borough has seen an influx of buyers seeking the quality of life that Rumson offers, driving competition for available properties.

Currently, the market is strong with homes selling quickly, often at or above asking price. This trend reflects the desirability of the seaside community, with buyers drawn to its location and community amenities.

Home Value Estimator For Rumson, NJ

There are currently 2,802 real estate properties in Rumson, NJ, with a median automated valuation model (AVM) price of $2,205,384.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Rumson, 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 Rumson, NJ, is $2,581,020.00, with the most expensive house in Rumson, NJ, topping out at $26,932,835.00 and the cheapest home in Rumson, NJ, clocking in at $33,863.00. In other words, there’s something for every potential homebuyer or savvy investor in Rumson, NJ!

Rent Prices In Rumson, NJ

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Rumson, NJ, is on a rollercoaster ride. The average rent price in Rumson, NJ, is $4,661.00. Indeed, when looking to rent in Rumson, NJ, you can expect to pay as little as $1,370.00 or as much as $6,540.00, with the average rent median estimated to be $4,720.00. The good news is that finding an affordable and desirable property to rent in Rumson, 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.

Rumson, NJ 07760 Condos

Market Trend for Rumson, NJ

Total Listings Available: 1

Market Values:

Home Prices from $33,863 to $26,932,835

Average Sales Price: $2,581,020

Rental Values:

Rental from $1,370 to $6,540

Average Rent Value: $4,661 / month

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