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Foreclosure Homes in Westwood, NJ

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Westwood, NJ Foreclosures

How much do homes sell for in Westwood, NJ?
The average home price is currently $801,325.
In Westwood, NJ, how many homes are available?
There are currently 56 active home listings available in Westwood.
What’s the average rental cost in Westwood, NJ?
The average rental price in Westwood is $2,413.
What is the most expensive home in Westwood?
The most expensive home sold in Westwood had a price of $124,253,456.
What is currently the cheapest priced home in Westwood, NJ?
The cheapest home for sale in Westwood is priced at $20,475.

Living in Westwood, NJ

Westwood, NJ is a vibrant borough that perfectly balances suburban living with access to urban amenities. With its strong community roots, excellent schools, and beautiful parks, it stands out as an excellent choice for families and professionals alike. Residents enjoy a variety of local businesses and outdoor activities, making it a desirable place to call home.

Current Market Conditions in Westwood, NJ

The Westwood real estate market remains competitive, with demand for homes continuing to rise. Recently, homes in the area have seen an increase in value due to the desirability of the neighborhood and its amenities. Buyers are encouraged to act quickly as listings often go fast, and many properties receive multiple offers.

Investors and homebuyers are noticing a trend towards higher sales prices alongside a decrease in the number of days homes spend on the market. This indicates confidence in the market, and we expect continued growth in the coming months.

Home Value Estimator For Westwood, NJ

There are currently 3,291 real estate properties in Westwood, NJ, with a median automated valuation model (AVM) price of $723,362.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Westwood, 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 Westwood, NJ, is $801,325.00, with the most expensive house in Westwood, NJ, topping out at $124,253,456.00 and the cheapest home in Westwood, NJ, clocking in at $20,475.00. In other words, there’s something for every potential homebuyer or savvy investor in Westwood, NJ!

Rent Prices In Westwood, NJ

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Westwood, NJ, is on a rollercoaster ride. The average rent price in Westwood, NJ, is $2,413.00. Indeed, when looking to rent in Westwood, NJ, you can expect to pay as little as $1,400.00 or as much as $4,450.00, with the average rent median estimated to be $2,450.00. The good news is that finding an affordable and desirable property to rent in Westwood, 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.

Westwood, NJ Foreclosures


Market Trend for Westwood, NJ

Total Listings Available: 56

Market Values:

Home Prices from $20,475 to $124,253,456

Average Sales Price: $801,325

Rental Values:

Rental from $1,400 to $4,450

Average Rent Value: $2,413 / month

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