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Foreclosure Homes in Wayne, NJ

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Wayne, NJ Foreclosures

How much do homes sell for in Wayne, NJ?
The average home price is currently $704,356.
In Wayne, NJ, how many homes are available?
There are currently 477 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 $16,044,683.
What is currently the cheapest priced home in Wayne, NJ?
The cheapest home for sale in Wayne is priced at $16,192.

Living in Wayne, NJ

Wayne, NJ is a suburban township offering a balanced lifestyle with a variety of amenities, excellent schools, and plenty of outdoor activities. The community is well-connected by major highways and public transportation, making it convenient for commuting. The local retail and dining scene adds to the appeal, making it a vibrant place to live and invest.

Current Market Conditions in Wayne, NJ

The current real estate market in Wayne, NJ is experiencing steady growth, with home prices gradually increasing. This trend is fueled by the area's appeal to families and business professionals, as well as its reputation for quality education.

Investors can find a range of properties, from single-family homes to multifamily units, with properties appreciating in value over time. The demand for rental properties is robust, making Wayne an attractive option for real estate investment.

Home Value Estimator For Wayne, NJ

There are currently 16,599 real estate properties in Wayne, NJ, with a median automated valuation model (AVM) price of $697,333.00. 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 $704,356.00, with the most expensive house in Wayne, NJ, topping out at $16,044,683.00 and the cheapest home in Wayne, NJ, clocking in at $16,192.00. 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 Foreclosures


Market Trend for Wayne, NJ

Total Listings Available: 477

Market Values:

Home Prices from $16,192 to $16,044,683

Average Sales Price: $704,356

Rental Values:

Rental from $1,220 to $6,340

Average Rent Value: $2,870 / month

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