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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 $779,446.
In Wayne, NJ, how many homes are available?
There are currently 298 active home listings available in Wayne.
What’s the average rental cost in Wayne, NJ?
The average rental price in Wayne is $2,868.
What is the most expensive home in Wayne?
The most expensive home sold in Wayne had a price of $66,655,218.
What is currently the cheapest priced home in Wayne, NJ?
The cheapest home for sale in Wayne is priced at $13,682.

Living in Wayne, NJ

Wayne, located in Passaic County, New Jersey, is a vibrant suburban community known for its family-friendly environment and diverse amenities. It offers a mix of residential neighborhoods, shopping centers, and recreational parks, making it an ideal place for families and individuals alike. With top-rated schools and easy access to major highways, Wayne combines convenience with a tranquil lifestyle.

Current Market Conditions in Wayne, NJ

The Wayne real estate market currently exhibits a dynamic landscape, characterized by steady demand for single-family homes. With an attractive suburban lifestyle and convenient amenities, homes are not only staying on the market for shorter periods, but there is also a competitive bidding atmosphere. Recent trends indicate a growing interest in the area by younger families and professionals.

The market has seen minor fluctuations in prices, but overall, there's been a consistent upward trend in property values due to limited inventory. Buyers are encouraged to act quickly as well-priced homes are attracting multiple offers.

Home Value Estimator For Wayne, NJ

There are currently 17,190 real estate properties in Wayne, NJ, with a median automated valuation model (AVM) price of $687,569.00. 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 $779,446.00, with the most expensive house in Wayne, NJ, topping out at $66,655,218.00 and the cheapest home in Wayne, NJ, clocking in at $13,682.00. 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 $2,868.00. 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: 298

Market Values:

Home Prices from $13,682 to $66,655,218

Average Sales Price: $779,446

Rental Values:

Rental from $1,220 to $6,340

Average Rent Value: $2,868 / month

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