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Fixer Upper Homes in Wharton, NJ

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Wharton, NJ Foreclosures

How much do homes sell for in Wharton, NJ?
The average home price is currently $494,700.
In Wharton, NJ, how many homes are available?
There are currently 116 active home listings available in Wharton.
What’s the average rental cost in Wharton, NJ?
The average rental price in Wharton is $2,051.
What is the most expensive home in Wharton?
The most expensive home sold in Wharton had a price of $16,883,950.
What is currently the cheapest priced home in Wharton, NJ?
The cheapest home for sale in Wharton is priced at $14,927.

Living in Wharton, NJ

Wharton, NJ is a quaint borough in Morris County, known for its close-knit community and historic charm. It offers a variety of amenities including parks, restaurants, and shops, making it a great place for families and individuals alike. With convenient access to larger urban areas, Wharton combines suburban tranquility with metropolitan benefits.

Current Market Conditions in Wharton, NJ

Wharton's real estate market has seen a steady increase in home values over the past year, reflecting the growing desire for suburban living in New Jersey. Demand remains high for single-family homes, with potential buyers drawn to the borough's schools and community atmosphere. Properties typically sell fairly quickly, often within weeks of being listed, indicating a competitive market.

The current real estate landscape shows a shift towards more buyers coming from urban areas seeking refuge from city life during and post-pandemic. This has fueled price increases, making Wharton an attractive area for both first-time buyers and investors due to its robust rental market and appreciation potential.

Home Value Estimator For Wharton, NJ

There are currently 3,478 real estate properties in Wharton, NJ, with a median automated valuation model (AVM) price of $486,564.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Wharton, 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 Wharton, NJ, is $494,700.00, with the most expensive house in Wharton, NJ, topping out at $16,883,950.00 and the cheapest home in Wharton, NJ, clocking in at $14,927.00. In other words, there’s something for every potential homebuyer or savvy investor in Wharton, NJ!

Rent Prices In Wharton, NJ

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Wharton, NJ, is on a rollercoaster ride. The average rent price in Wharton, NJ, is $2,051.00. Indeed, when looking to rent in Wharton, NJ, you can expect to pay as little as $1,230.00 or as much as $3,920.00, with the average rent median estimated to be $2,030.00. The good news is that finding an affordable and desirable property to rent in Wharton, 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.

Wharton, NJ Fixer Upper Homes

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