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Foreclosures in Spring Lake, NJ

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Spring Lake, NJ Foreclosures

How much do homes sell for in Spring Lake, NJ?
The average home price is currently $2,356,169.
In Spring Lake, NJ, how many homes are available?
There are currently 30 active home listings available in Spring Lake.
What’s the average rental cost in Spring Lake, NJ?
The average rental price in Spring Lake is $3,180.
What is the most expensive home in Spring Lake?
The most expensive home sold in Spring Lake had a price of $25,368,449.
What is currently the cheapest priced home in Spring Lake, NJ?
The cheapest home for sale in Spring Lake is priced at $15,926.

Living in Spring Lake, NJ

Spring Lake, NJ, is a charming beach town perfect for families and retirees featuring beautiful Victorian architecture, stunning beaches, and an array of local amenities. With a strong community spirit, excellent schools, and plenty of outdoor activities, it offers a serene lifestyle on the Jersey Shore. Residents enjoy seasonal events and vibrant local businesses, all contributing to a welcoming atmosphere.

Current Market Conditions in Spring Lake, NJ

The Spring Lake real estate market is characterized by a steady demand for beach properties, particularly during the summer months. Homes in the area range from classic historic homes to modern constructions, attracting buyers looking for vacation homes or year-round residences. The average home prices have seen a modest increase due to the desirability of the location and limited inventory.

As more people seek out serene and picturesque locations for remote work or retirement, Spring Lake has experienced a noticeable uptick in interest. Buyers are looking for homes that offer proximity to the beach, local amenities, and a welcoming community. This trend has translated into a stable appreciation in home values.

Home Value Estimator For Spring Lake, NJ

There are currently 4,448 real estate properties in Spring Lake, NJ, with a median automated valuation model (AVM) price of $1,358,883.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Spring Lake, 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 Spring Lake, NJ, is $2,356,169.00, with the most expensive house in Spring Lake, NJ, topping out at $25,368,449.00 and the cheapest home in Spring Lake, NJ, clocking in at $15,926.00. In other words, there’s something for every potential homebuyer or savvy investor in Spring Lake, NJ!

Rent Prices In Spring Lake, NJ

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Spring Lake, NJ, is on a rollercoaster ride. The average rent price in Spring Lake, NJ, is $3,180.00. Indeed, when looking to rent in Spring Lake, NJ, you can expect to pay as little as $1,120.00 or as much as $5,840.00, with the average rent median estimated to be $2,650.00. The good news is that finding an affordable and desirable property to rent in Spring Lake, 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.

Spring Lake, NJ Foreclosures

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