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There are currently 3 real estate properties in Collings Lakes, NJ, with a median automated valuation model (AVM) price of $161,800.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Collings Lakes, 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 Collings Lakes, NJ, is $171,967.00, with the most expensive house in Collings Lakes, NJ, topping out at $195,400.00 and the cheapest home in Collings Lakes, NJ, clocking in at $158,700.00. In other words, there’s something for every potential homebuyer or savvy investor in Collings Lakes, NJ!
With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Collings Lakes, NJ, is on a rollercoaster ride. The average rent price in Collings Lakes, NJ, is $1,303.00. Indeed, when looking to rent in Collings Lakes, NJ, you can expect to pay as little as $1,180.00 or as much as $1,400.00, with the average rent median estimated to be $1,330.00. The good news is that finding an affordable and desirable property to rent in Collings Lakes, 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.
Find the best foreclosure homes listings for sale — bank-owned, government (Fannie Mae, Freddie Mac, HUD, etc.) and others — in and near the Collings Lakes, NJ area at Foreclosure.com. Get information on foreclosure homes for rent, how to buy foreclosures in Collings Lakes, NJ and much more. Save thousands at closing with home foreclosure listings in Collings Lakes, NJ — up to 75% off market value!
Collings Lakes is located in Atlantic, New Jersey, with an estimated municipal population of 1,539 residents. All of the best foreclosed homes for sale in Collings Lakes are located in the following zip code areas on Foreclosure.com: 08094. The estimated population per square kilometer (.62 miles) in Collings Lakes is 926.
So, about how much do homes cost in Collings Lakes? The most recent median value of resident-owned homes in Collings Lakes is 163,908. An estimated 96.9 percent of households in Collings Lakes own their homes, with an average family size of 3.44. The median household income in Collings Lakes is 65,391, with33.2 percentage of households earning at least $100,000 annually. For working parents and professionals who are searching for cheap homes in Collings Lakes, the median commute time of resident workers (in minutes) is 25.4.
Where a home is located is almost just as important as the home itself. Whether you are a first-time homebuyer or are relocating to Collings Lakes, it is essential to take a deep dive into your potential future neighborhood. Homeownership is often a long-term relationship; therefore, be sure to do your due diligence to ensure that you make the best long-term decision.
The median age of residents in Collings Lakes is 35.5, split between 50.3 percent male versus 49.7 female. The percentage of residents who report being married in Collings Lakes is 55.8, with an average family size of 3.44.
The percentage of residents who report their race in Collings Lakes is as follows:
|Black / African American||2%|
|American Indian / Alaskan Native||0%|
|Native Hawaiian / Other Pacifc Islander||0%|
Looking for family-friendly neighborhoods in and/or near Collings Lakes? Or maybe you are searching for 55+ active adult communities in and/or near Collings Lakes?
The percentage of residents who report their age in Collings Lakes is as follows:
It was a rollercoaster ride for academics in 2020, with school districts throughout the nation transferring their classes online because of the global pandemic. Numerous school districts will continue online courses, while others will welcome students back to campus. Regardless, homebuyers are shopping for homes in Collings Lakes with dedicated in-home learning spaces, as well as for homes located within the best school systems for in-person instruction in Collings Lakes.
How do you know that living in -- or moving to -- Collings Lakes is right where you need to be? Perhaps you grew up in Collings Lakes or already live nearby; therefore, the decision to buy a home in Collings Lakes is a no-brainer. For others, however, it may not be such a straightforward or simple decision. Whether you are relocating to Collings Lakes for work or just looking for a fresh start, getting a read on a neighborhood from afar (online) can be tricky... and exhausting.
Here are some questions to ask yourself when shopping for foreclosed homes for sale in Collings Lakes:
In short, it always helps to create a “Pros vs. Cons” list of what you need in a home and/or neighborhood like Collings Lakes.
Prospective homebuyers are clearly taking advantage of the low interest rates and numerous government assistance programs. These low interest rates mean homebuyers in Collings Lakes can now afford much more house for the same monthly payment (if interest rates were higher). Motivated and opportunistic sellers in Collings Lakes, meanwhile, can field multiple offers from more qualified buyers.
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