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Preforeclosure Homes in South River, NJ

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South River, NJ Foreclosures

How much do homes sell for in South River, NJ?
The average home price is currently $518,111.
In South River, NJ, how many homes are available?
There are currently 20 active home listings available in South River.
What’s the average rental cost in South River, NJ?
The average rental price in South River is $1,896.
What is the most expensive home in South River?
The most expensive home sold in South River had a price of $8,610,391.
What is currently the cheapest priced home in South River, NJ?
The cheapest home for sale in South River is priced at $18,816.

Living in South River, NJ

South River is a vibrant borough located in Middlesex County, New Jersey. With a rich history and a strong sense of community, South River offers a variety of amenities and resources for residents. The town is known for its accessibility to major highways and proximity to larger cities, making it an ideal spot for commuters.

Buyer vs Seller Market in South River, NJ

The real estate market in South River is currently strong, with a good balance of supply and demand. Home prices have steadily increased over the past year, and the market has attracted a mix of first-time homebuyers and investors alike. Buyers appreciate the value for money in this area compared to neighboring towns.

Increased interest in suburban living has led to a surge in demand for properties in South River. Many families are looking for homes with outdoor space, which South River provides. This trend is reflected in the housing market's strong performance, with homes often receiving multiple offers within days of being listed.

Home Value Estimator For South River, NJ

There are currently 4,689 real estate properties in South River, NJ, with a median automated valuation model (AVM) price of $485,757.00. 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 River, 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 River, NJ, is $518,111.00, with the most expensive house in South River, NJ, topping out at $8,610,391.00 and the cheapest home in South River, NJ, clocking in at $18,816.00. In other words, there’s something for every potential homebuyer or savvy investor in South River, NJ!

Rent Prices In South River, NJ

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in South River, NJ, is on a rollercoaster ride. The average rent price in South River, NJ, is $1,896.00. Indeed, when looking to rent in South River, NJ, you can expect to pay as little as $1,150.00 or as much as $3,480.00, with the average rent median estimated to be $1,830.00. The good news is that finding an affordable and desirable property to rent in South River, 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.

South River, NJ Preforeclosure Homes


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