As-is Deals in Allenhurst, NJ

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Home Value Estimator For Allenhurst, NJ

There are currently 453 real estate properties in Allenhurst, NJ, with a median automated valuation model (AVM) price of $1,802,300.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Allenhurst, 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 Allenhurst, NJ, is $2,618,503.00, with the most expensive house in Allenhurst, NJ, topping out at $15,129,100.00 and the cheapest home in Allenhurst, NJ, clocking in at $322,800.00. In other words, there’s something for every potential homebuyer or savvy investor in Allenhurst, NJ!

Rent Prices In Allenhurst, NJ

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Allenhurst, NJ, is on a rollercoaster ride. The average rent price in Allenhurst, NJ, is $3,513.00. Indeed, when looking to rent in Allenhurst, NJ, you can expect to pay as little as $1,740.00 or as much as $6,260.00, with the average rent median estimated to be $3,370.00. The good news is that finding an affordable and desirable property to rent in Allenhurst, 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.

Top Reasons To Live In Allenhurst, NJ In 2024

Allenhurst is located in Monmouth, New Jersey, with an estimated municipal population of 483 residents. All of the best foreclosed homes for sale in Allenhurst are located in the following zip code areas on 07711. The estimated population per square kilometer (.62 miles) in Allenhurst is 744.

Cost Of Living In Allenhurst, NJ

So, about how much do homes cost in Allenhurst? The most recent median value of resident-owned homes in Allenhurst is 1,355,225. An estimated 69.7 percent of households in Allenhurst own their homes, with an average family size of 3.39. The median household income in Allenhurst is 106,406, with53.6 percentage of households earning at least $100,000 annually. For working parents and professionals who are searching for cheap homes in Allenhurst, the median commute time of resident workers (in minutes) is 36.8. And last, but certainly not least, are you looking for homes to rent in Allenhurst? If so, the average rent price paid by renters in Allenhurst is 1,136, according to recent statistics.

Diversity And Demographics In Allenhurst, New Jersey

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 Allenhurst, 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 Allenhurst is 50.7, split between 48.2 percent male versus 51.8 female. The percentage of residents who report being married in Allenhurst is 58.8, with an average family size of 3.39.

The percentage of residents who report their race in Allenhurst is as follows:

White 93.1%
Black / African American 1.1%
Asian 0.2%
American Indian / Alaskan Native 0%
Native Hawaiian / Other Pacifc Islander 3.4%
Multi-racial 0.8%
Other 1.5%

Looking for family-friendly neighborhoods in and/or near Allenhurst? Or maybe you are searching for 55+ active adult communities in and/or near Allenhurst?

The percentage of residents who report their age in Allenhurst is as follows:

Under 10 5.5%
Aged 10-19 12.4%
20s 9%
30s 9.6%
40s 10.8%
50s 22.1%
60s 13.3%
70s 10.7%
80+ 6.5%

Best Schools In Allenhurst, New Jersey

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 Allenhurst with dedicated in-home learning spaces, as well as for homes located within the best school systems for in-person instruction in Allenhurst.

Pros And Cons Of Living In Allenhurst, New Jersey

How do you know that living in -- or moving to -- Allenhurst is right where you need to be? Perhaps you grew up in Allenhurst or already live nearby; therefore, the decision to buy a home in Allenhurst is a no-brainer. For others, however, it may not be such a straightforward or simple decision. Whether you are relocating to Allenhurst 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 Allenhurst:

  • What type of neighborhood environment (suburban, urban, rural, etc.) do you prefer?
  • What types of shopping (mom and pop, mall, big box), restaurants (fast food, chain, local) and businesses (small, big, mixed) would you like nearby?
  • What leisure-time activities (golf, biking, hiking, etc.) do you enjoy?
  • What type of commute (car, plane, home office) do you seek?

In short, it always helps to create a “Pros vs. Cons” list of what you need in a home and/or neighborhood like Allenhurst.

Reasons To Move To Allenhurst, New Jersey, In 2024

Prospective homebuyers are clearly taking advantage of the low interest rates and numerous government assistance programs. These low interest rates mean homebuyers in Allenhurst can now afford much more house for the same monthly payment (if interest rates were higher). Motivated and opportunistic sellers in Allenhurst, meanwhile, can field multiple offers from more qualified buyers.

Allenhurst, NJ As-is Deals


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