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Foreclosure Homes in Wayne, NJ 07470

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Wayne, NJ Foreclosures

How much do homes sell for in Wayne, NJ?
The average home price is currently $724,107.
In Wayne, NJ, how many homes are available?
There are currently 485 active home listings available in Wayne.
What’s the average rental cost in Wayne, NJ?
The average rental price in Wayne is $2,870.
What is the most expensive home in Wayne?
The most expensive home sold in Wayne had a price of $16,538,412.
What is currently the cheapest priced home in Wayne, NJ?
The cheapest home for sale in Wayne is priced at $17,558.

Living in Wayne, NJ

Wayne, NJ, is a beautiful suburban town known for its lush parks, excellent schools, and convenient access to shopping and transportation. Residents enjoy a tight-knit community and a range of recreational options, making it an ideal place for families and professionals alike.

Current Market Conditions in Wayne, NJ

The Wayne real estate market has been experiencing steady growth, with an increase in home values over the past year. The demand for homes in this suburban area has led to a competitive market, attracting families looking for a safe place to live with good schools and amenities.

Recent trends indicate a strong interest in single-family homes, particularly due to the area's spacious properties and family-oriented environment, making it a desirable location for homebuyers.

Home Value Estimator For Wayne, NJ

There are currently 16,602 real estate properties in Wayne, NJ, with a median automated valuation model (AVM) price of $709,241.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Wayne, 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 Wayne, NJ, is $724,107.00, with the most expensive house in Wayne, NJ, topping out at $16,538,412.00 and the cheapest home in Wayne, NJ, clocking in at $17,558.00. In other words, there’s something for every potential homebuyer or savvy investor in Wayne, NJ!

Rent Prices In Wayne, NJ

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Wayne, NJ, is on a rollercoaster ride. The average rent price in Wayne, NJ, is $2,870.00. Indeed, when looking to rent in Wayne, NJ, you can expect to pay as little as $1,220.00 or as much as $6,340.00, with the average rent median estimated to be $2,880.00. The good news is that finding an affordable and desirable property to rent in Wayne, 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.

Wayne, NJ 07470 Foreclosures


Market Trend for Wayne, NJ

Total Listings Available: 485

Market Values:

Home Prices from $17,558 to $16,538,412

Average Sales Price: $724,107

Rental Values:

Rental from $1,220 to $6,340

Average Rent Value: $2,870 / month

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