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Bankruptcy Homes in Union, NJ 07083

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Union, NJ Foreclosures

How much do homes sell for in Union, NJ?
The average home price is currently $408,658.
In Union, NJ, how many homes are available?
There are currently 70 active home listings available in Union.
What’s the average rental cost in Union, NJ?
The average rental price in Union is $2,149.
What is the most expensive home in Union?
The most expensive home sold in Union had a price of $14,022,281.
What is currently the cheapest priced home in Union, NJ?
The cheapest home for sale in Union is priced at $50,274.

Living in Union, NJ

Union, NJ is a vibrant township that offers a blend of suburban comfort and urban convenience. With a rich history and a strong sense of community, Union is well-suited for families and professionals alike. The area boasts excellent schools, ample parks, and a variety of entertainment options, making it an appealing choice for new residents.

Current Market Conditions in Union, NJ

The real estate market in Union has shown a steady increase in home values over the past year, largely driven by the demand for single-family homes. Many buyers are seeking properties that offer more space and access to community amenities, resulting in an increase in bidding wars and a quicker turnover for listings.

In the past few months, Union has seen a significant interest from first-time homebuyers, particularly due to favorable mortgage rates and the township's growing reputation as a desirable location for families. This interest has led to a reduction in inventory, further driving prices upwards.

Home Value Estimator For Union, NJ

There are currently 15,386 real estate properties in Union, NJ, with a median automated valuation model (AVM) price of $370,030.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Union, 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 Union, NJ, is $408,658.00, with the most expensive house in Union, NJ, topping out at $14,022,281.00 and the cheapest home in Union, NJ, clocking in at $50,274.00. In other words, there’s something for every potential homebuyer or savvy investor in Union, NJ!

Rent Prices In Union, NJ

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Union, NJ, is on a rollercoaster ride. The average rent price in Union, NJ, is $2,149.00. Indeed, when looking to rent in Union, NJ, you can expect to pay as little as $1,190.00 or as much as $3,200.00, with the average rent median estimated to be $2,050.00. The good news is that finding an affordable and desirable property to rent in Union, 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.

Union, NJ 07083 Bankruptcy Homes

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