Foreclosure Homes in Rutherford, NJ 07070

Current Market Conditions in Rutherford, NJ

The real estate market in Rutherford has shown steady growth over recent years, with an increasing demand for homes due to its accessibility to New York City and family-friendly environment. Homes in this area typically sell quickly, making it a competitive market for buyers.

As of 2023, property values continue to rise, with various types of homes available, from quaint single-family houses to modern condos. Investors are increasingly attracted to Rutherford as a desirable place for rental properties, due to the town's strong rental demand and ongoing economic development.

Rent Prices In Rutherford, NJ

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Rutherford, NJ, is on a rollercoaster ride. The average rent price in Rutherford, NJ, is $2,250.00. Indeed, when looking to rent in Rutherford, NJ, you can expect to pay as little as $1,300.00 or as much as $4,200.00, with the average rent median estimated to be $2,260.00. The good news is that finding an affordable and desirable property to rent in Rutherford, 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.