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Foreclosure Homes in Vernon, NJ

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Vernon, NJ Foreclosures

How much do homes sell for in Vernon, NJ?
The average home price is currently $309,468.
In Vernon, NJ, how many homes are available?
There are currently 304 active home listings available in Vernon.
What’s the average rental cost in Vernon, NJ?
The average rental price in Vernon is $1,835.
What is the most expensive home in Vernon?
The most expensive home sold in Vernon had a price of $3,672,591.
What is currently the cheapest priced home in Vernon, NJ?
The cheapest home for sale in Vernon is priced at $31,616.

Living in Vernon, NJ

Vernon, NJ, is a picturesque town in the Highlands with scenic outdoor amenities, rich community events, and a robust school system. It offers a peaceful rural lifestyle while remaining accessible to major urban centers. The town is ideal for nature lovers and families seeking a supportive neighborhood.

Current Market Conditions in Vernon, NJ

The Vernon real estate market is currently experiencing a steady demand, as more individuals and families are drawn to its serene environment and affordable housing options. The market has seen a moderate appreciation in property values over the past few years, making it an appealing target for real estate investors looking for growth potential.

Investors should note the increasing interest in vacation rentals due to Vernon's proximity to ski resorts and hiking trails, which enhances the investment appeal of properties during peak tourist seasons.

Home Value Estimator For Vernon, NJ

There are currently 3,591 real estate properties in Vernon, NJ, with a median automated valuation model (AVM) price of $277,105.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Vernon, 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 Vernon, NJ, is $309,468.00, with the most expensive house in Vernon, NJ, topping out at $3,672,591.00 and the cheapest home in Vernon, NJ, clocking in at $31,616.00. In other words, there’s something for every potential homebuyer or savvy investor in Vernon, NJ!

Rent Prices In Vernon, NJ

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Vernon, NJ, is on a rollercoaster ride. The average rent price in Vernon, NJ, is $1,835.00. Indeed, when looking to rent in Vernon, NJ, you can expect to pay as little as $1,120.00 or as much as $3,690.00, with the average rent median estimated to be $1,870.00. The good news is that finding an affordable and desirable property to rent in Vernon, 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.

Vernon, NJ Foreclosures


Market Trend for Vernon, NJ

Total Listings Available: 304

Market Values:

Home Prices from $31,616 to $3,672,591

Average Sales Price: $309,468

Rental Values:

Rental from $1,120 to $3,690

Average Rent Value: $1,835 / month

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