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Preforeclosure Homes in West Orange, NJ

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Living in West Orange, NJ

West Orange, NJ is a vibrant suburb that combines the tranquility of residential living with the conveniences of urban amenities. It boasts excellent schools and plentiful parks, making it perfect for families. The proximity to major highways and public transit options enhances its appeal for commuters to New York City.

Current Market Conditions in West Orange, NJ

The West Orange real estate market is currently witnessing steady growth, with home values experiencing gradual increases year over year. This trend can be attributed to the area's desirable living conditions and proximity to major employment centers.

Many homes in West Orange are in high demand, especially due to their appealing community features and excellent school system. Investors are finding opportunities for both rental properties and resale potential as the market remains competitive.

Home Value Estimator For West Orange, NJ

There are currently 13,175 real estate properties in West Orange, NJ, with a median automated valuation model (AVM) price of $636,112.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in West Orange, 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 West Orange, NJ, is $687,476.00, with the most expensive house in West Orange, NJ, topping out at $68,294,904.00 and the cheapest home in West Orange, NJ, clocking in at $66,000.00. In other words, there’s something for every potential homebuyer or savvy investor in West Orange, NJ!

Rent Prices In West Orange, NJ

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in West Orange, NJ, is on a rollercoaster ride. The average rent price in West Orange, NJ, is $2,776.00. Indeed, when looking to rent in West Orange, NJ, you can expect to pay as little as $1,120.00 or as much as $5,900.00, with the average rent median estimated to be $2,750.00. The good news is that finding an affordable and desirable property to rent in West Orange, 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.

West Orange, NJ Preforeclosure Homes


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