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Preforeclosure Homes in Trenton, NJ 08609

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Living in Trenton, NJ

Trenton, NJ, is a historical city that offers a rich blend of culture, community, and connectivity. With diverse educational institutions, numerous parks, and a variety of amenities, Trenton is an attractive option for families and investors alike. The city's accessibility to major urban centers further enhances its appeal.

Current Market Conditions in Trenton, NJ

The real estate market in Trenton has shown consistent growth over the past few years, with a healthy demand for housing from both buyers and renters. This growth is driven by several factors, including the city's appeal to commuters working in nearby major cities.

Current trends indicate a rise in property values and an increase in new construction projects, signaling investor confidence in the area's longevity and profitability. With continued improvements to infrastructure and community development, Trenton's market conditions remain favorable for real estate investment.

Home Value Estimator For Trenton, NJ

There are currently 29,074 real estate properties in Trenton, NJ, with a median automated valuation model (AVM) price of $191,390.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Trenton, 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 Trenton, NJ, is $246,527.00, with the most expensive house in Trenton, NJ, topping out at $33,731,260.00 and the cheapest home in Trenton, NJ, clocking in at $10,050.00. In other words, there’s something for every potential homebuyer or savvy investor in Trenton, NJ!

Rent Prices In Trenton, NJ

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Trenton, NJ, is on a rollercoaster ride. The average rent price in Trenton, NJ, is $1,548.00. Indeed, when looking to rent in Trenton, NJ, you can expect to pay as little as $700.00 or as much as $5,350.00, with the average rent median estimated to be $1,490.00. The good news is that finding an affordable and desirable property to rent in Trenton, 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.

Trenton, NJ 08609 Preforeclosure Homes


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