Living in South Hackensack, NJ
South Hackensack, NJ, is a charming township offering a suburban atmosphere with close proximity to New York City. The area features a mix of parks, schools, and local amenities that contribute to a rich community spirit. With its convenient transportation options, South Hackensack appeals to both families and professionals seeking a peaceful yet connected lifestyle.
Current Market Conditions in South Hackensack, NJ
The real estate market in South Hackensack has exhibited steady growth over the past year, with demand for housing outpacing supply. Buyers are particularly drawn to the area's affordability compared to neighboring towns, leading to increased competition and rising property values. Houses tend to sell quickly, and many listings receive multiple offers.
As of the last quarter, the market shows continued stability, with slight price increases and a reduction in the number of days homes stay on the market. The interest from buyers remains strong, suggesting a healthy market for both sellers and investors.
Home Value Estimator For South Hackensack, NJ
There are currently 514 real estate properties
in South Hackensack, NJ,
with a median automated valuation model (AVM) price
of $710,903.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in South Hackensack, 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 South Hackensack, NJ,
is $732,900.00, with the most expensive house
in South Hackensack, NJ, topping out
at $2,228,170.00 and the cheapest home
in South Hackensack, NJ,
clocking in at $291,400.00. In other words, there’s
something for every potential homebuyer
or savvy investor in South Hackensack, NJ!
Rent Prices
In South Hackensack, NJ
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in South Hackensack, NJ, is on
a rollercoaster ride. The
average rent price in South Hackensack, NJ,
is $2,425.00. Indeed, when looking to rent in
South Hackensack, NJ, you can expect to pay as little
as $1,350.00 or as much
as $3,720.00,
with the average rent median estimated to
be $2,370.00. The good news is that finding
an affordable and desirable property to rent in South Hackensack, 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.
Learn more on Foreclosure homes
