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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 $734,079.
In Wayne, NJ, how many homes are available?
There are currently 474 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 $16,164,314.
What is currently the cheapest priced home in Wayne, NJ?
The cheapest home for sale in Wayne is priced at $17,738.

Living in Wayne, NJ

Wayne, NJ is a family-oriented suburban township in Passaic County with excellent schools, parks, and shopping options. Its scenic neighborhoods and convenient access to NYC make it an attractive choice for homebuyers. The community hosts numerous events and offers a variety of outdoor activities, creating a vibrant atmosphere for all ages.

Current Market Conditions in Wayne, NJ

Wayne's real estate market has seen steady growth, with average home prices rising over the past year. The area continues to attract homebuyers seeking spacious properties and access to quality schools. Inventory levels remain below demand, presenting opportunities for sellers to capitalize on the current market conditions.

The recent interest in suburban living has led to a surge in home sales in Wayne, with families looking for more space and a sense of community. Many homes are being sold quickly, often above asking price, as buyers compete for available inventory.

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 $731,657.00. 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 $734,079.00, with the most expensive house in Wayne, NJ, topping out at $16,164,314.00 and the cheapest home in Wayne, NJ, clocking in at $17,738.00. 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: 474

Market Values:

Home Prices from $17,738 to $16,164,314

Average Sales Price: $734,079

Rental Values:

Rental from $1,220 to $6,340

Average Rent Value: $2,870 / month

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