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Short Sale Listings in Short Hills, NJ 07078

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Short Hills, NJ Foreclosures

How much do homes sell for in Short Hills, NJ?
The average home price is currently $2,520,440.
In Short Hills, NJ, how many homes are available?
There are currently 7 active home listings available in Short Hills.
What’s the average rental cost in Short Hills, NJ?
The average rental price in Short Hills is $4,936.
What is the most expensive home in Short Hills?
The most expensive home sold in Short Hills had a price of $28,072,746.
What is currently the cheapest priced home in Short Hills, NJ?
The cheapest home for sale in Short Hills is priced at $84,093.

Living in Short Hills, NJ

Short Hills, NJ, is a prestigious suburb known for its upscale properties and excellent school system, making it a highly sought-after location for families and professionals alike. With convenient access to public transportation and a wealth of parks and recreational activities, residents enjoy a high quality of life. The community is also renowned for its shopping and dining options, providing a blend of luxury and convenience.

Current Market Conditions in Short Hills, NJ

Short Hills' real estate market has seen a steady rise in property values over the last few years, indicating a strong demand for homes in this desirable area. The appeal of good schools and easy access to NYC has attracted many buyers, pushing prices upward. Inventory remains competitively low, contributing to a seller's market where listings often receive multiple offers.

Home Value Estimator For Short Hills, NJ

There are currently 4,178 real estate properties in Short Hills, NJ, with a median automated valuation model (AVM) price of $2,367,710.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Short Hills, 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 Short Hills, NJ, is $2,520,440.00, with the most expensive house in Short Hills, NJ, topping out at $28,072,746.00 and the cheapest home in Short Hills, NJ, clocking in at $84,093.00. In other words, there’s something for every potential homebuyer or savvy investor in Short Hills, NJ!

Rent Prices In Short Hills, NJ

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Short Hills, NJ, is on a rollercoaster ride. The average rent price in Short Hills, NJ, is $4,936.00. Indeed, when looking to rent in Short Hills, NJ, you can expect to pay as little as $1,510.00 or as much as $8,440.00, with the average rent median estimated to be $4,920.00. The good news is that finding an affordable and desirable property to rent in Short Hills, 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.

Short Hills, NJ 07078 Short Sale Listings


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