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Rent To Own Homes in Shrewsbury, NJ 07701

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Shrewsbury, NJ Foreclosures

How much do homes sell for in Shrewsbury, NJ?
The average home price is currently $984,197.
In Shrewsbury, NJ, how many homes are available?
There are currently 512 active home listings available in Shrewsbury.
What’s the average rental cost in Shrewsbury, NJ?
The average rental price in Shrewsbury is $3,001.
What is the most expensive home in Shrewsbury?
The most expensive home sold in Shrewsbury had a price of $3,315,569.
What is currently the cheapest priced home in Shrewsbury, NJ?
The cheapest home for sale in Shrewsbury is priced at $170,659.

Living in Shrewsbury, NJ

Shrewsbury, NJ, is a vibrant suburban town known for its inviting community, excellent schools, and beautiful parks. Its charming downtown offers unique shopping and dining experiences, while the proximity to major urban centers makes it a desirable location for commuters. Residents enjoy a variety of recreational activities, including access to the scenic Shrewsbury River and green spaces.

Current Market Conditions in Shrewsbury, NJ

The Shrewsbury real estate market is currently very competitive, characterized by a low inventory of homes and high demand. Properties are selling quickly, often for above asking price, which reflects the desirability of the area. The neighborhood's combination of good schools, community amenities, and proximity to the coast contributes to its appeal among families and professionals alike.

Current trends indicate a consistent increase in home values over the past few months, influenced by the influx of buyers looking for suburban living amid urban settings. There is a noticeable trend towards more families relocating to Shrewsbury, seeking more space and a better quality of life.

Home Value Estimator For Shrewsbury, NJ

There are currently 1,470 real estate properties in Shrewsbury, NJ, with a median automated valuation model (AVM) price of $889,182.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Shrewsbury, 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 Shrewsbury, NJ, is $984,197.00, with the most expensive house in Shrewsbury, NJ, topping out at $3,315,569.00 and the cheapest home in Shrewsbury, NJ, clocking in at $170,659.00. In other words, there’s something for every potential homebuyer or savvy investor in Shrewsbury, NJ!

Rent Prices In Shrewsbury, NJ

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Shrewsbury, NJ, is on a rollercoaster ride. The average rent price in Shrewsbury, NJ, is $3,001.00. Indeed, when looking to rent in Shrewsbury, NJ, you can expect to pay as little as $1,800.00 or as much as $4,650.00, with the average rent median estimated to be $2,950.00. The good news is that finding an affordable and desirable property to rent in Shrewsbury, 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.

Shrewsbury, NJ 07701 Rent To Own Homes

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