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Foreclosure Homes in Watchung, NJ

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Watchung, NJ Foreclosures

How much do homes sell for in Watchung, NJ?
The average home price is currently $1,127,831.
In Watchung, NJ, how many homes are available?
There are currently 62 active home listings available in Watchung.
What’s the average rental cost in Watchung, NJ?
The average rental price in Watchung is $2,912.
What is the most expensive home in Watchung?
The most expensive home sold in Watchung had a price of $3,884,396.
What is currently the cheapest priced home in Watchung, NJ?
The cheapest home for sale in Watchung is priced at $22,582.

Living in Watchung, NJ

Watchung, NJ offers a tranquil suburban lifestyle with beautiful parks, highly regarded schools, and a strong sense of community. Known for its outdoor recreation opportunities and local amenities, Watchung is an ideal place for families and professionals seeking a peaceful environment while still enjoying urban accessibility.

Current Market Conditions in Watchung, NJ

The real estate market in Watchung has shown resilience, with property values gradually increasing over the past several years. Buyers are drawn to the area for its attractive homes and peaceful living environment, making it a competitive market for buyers with a variety of housing options available.

Currently, homes in Watchung tend to sell quickly due to the township's desirable reputation and quality of life. Families looking for spacious homes with outdoor spaces gravitate towards this suburban neighborhood, further stressing the demand for real estate.

Home Value Estimator For Watchung, NJ

There are currently 2,047 real estate properties in Watchung, NJ, with a median automated valuation model (AVM) price of $1,023,404.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Watchung, 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 Watchung, NJ, is $1,127,831.00, with the most expensive house in Watchung, NJ, topping out at $3,884,396.00 and the cheapest home in Watchung, NJ, clocking in at $22,582.00. In other words, there’s something for every potential homebuyer or savvy investor in Watchung, NJ!

Rent Prices In Watchung, NJ

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Watchung, NJ, is on a rollercoaster ride. The average rent price in Watchung, NJ, is $2,912.00. Indeed, when looking to rent in Watchung, NJ, you can expect to pay as little as $1,250.00 or as much as $6,260.00, with the average rent median estimated to be $2,920.00. The good news is that finding an affordable and desirable property to rent in Watchung, 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.

Watchung, NJ Foreclosures


Market Trend for Watchung, NJ

Total Listings Available: 62

Market Values:

Home Prices from $22,582 to $3,884,396

Average Sales Price: $1,127,831

Rental Values:

Rental from $1,250 to $6,260

Average Rent Value: $2,912 / month

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