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Foreclosures in Scotch Plains, NJ

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Living in Scotch Plains, NJ

Scotch Plains, located in Union County, NJ, is a vibrant suburban community known for its strong educational system and family-friendly environment. Residents can enjoy a variety of recreational activities at local parks while also benefiting from easy access to New York City. With a mix of local shops and restaurants, Scotch Plains offers both convenience and charm.

Current Market Conditions in Scotch Plains, NJ

The Scotch Plains real estate market has shown consistent growth, with a steady demand for family homes due to the town's reputable school district and proximity to NYC. This trend has led to a competitive market where homes, especially single-family homes, are receiving multiple offers and selling quickly.

Current market indicators suggest that home prices in Scotch Plains have steadily increased over the past few years, reflecting the area’s desirability and limited housing inventory. Buyers should act swiftly to secure properties in this thriving market.

Home Value Estimator For Scotch Plains, NJ

There are currently 7,089 real estate properties in Scotch Plains, NJ, with a median automated valuation model (AVM) price of $627,093.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Scotch Plains, 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 Scotch Plains, NJ, is $688,577.00, with the most expensive house in Scotch Plains, NJ, topping out at $3,999,700.00 and the cheapest home in Scotch Plains, NJ, clocking in at $106,376.00. In other words, there’s something for every potential homebuyer or savvy investor in Scotch Plains, NJ!

Rent Prices In Scotch Plains, NJ

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Scotch Plains, NJ, is on a rollercoaster ride. The average rent price in Scotch Plains, NJ, is $2,713.00. Indeed, when looking to rent in Scotch Plains, NJ, you can expect to pay as little as $1,240.00 or as much as $4,500.00, with the average rent median estimated to be $2,580.00. The good news is that finding an affordable and desirable property to rent in Scotch Plains, 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.

Scotch Plains, NJ Foreclosures


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