Foreclosure Homes in Alloway, NJ

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View this home at Alloway Woodstown Rd Alloway NJ 08001
View this home at Cobbs Ml Rd Alloway NJ 08001
View this home at Bellevue Avenue Twp Of Waterford NJ 08001
View this home at Alloway Friesburg Rd Alloway NJ 08001
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$104,125 EMV

| 796 Sq. Ft.

View this home at Quinton Alloway Rd Alloway NJ 08001
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View this home at Alloway Friesburg Rd Alloway NJ 08001
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$199,410 EMV
View this home at Alloway Friesburg Rd Alloway NJ 08001
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$180,030 EMV
View this home at W Main St Alloway NJ 08001
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$144,585 EMV
View this home at Alloway Friesburg Rd Alloway NJ 08001
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$197,248 EMV
View this home at Alloway Friesburg Rd Alloway NJ 08001
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Alloway, NJ Foreclosures

How much do homes sell for in Alloway, NJ?
The average home price is currently $274,553.
In Alloway, NJ, how many homes are available?
There are currently 302 active home listings available in Alloway.
What’s the average rental cost in Alloway, NJ?
The average rental price in Alloway is $1,570.
What is the most expensive home in Alloway, New Jersey?
The most expensive home sold in Alloway had a price of $1,118,900.
What is currently the cheapest priced home in Alloway, NJ?
The cheapest home for sale in Alloway is priced at $45,250.

Home Value Estimator For Alloway, NJ

There are currently 302 real estate properties in Alloway, NJ, with a median automated valuation model (AVM) price of $254,700.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Alloway, 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 Alloway, NJ, is $274,553.00, with the most expensive house in Alloway, NJ, topping out at $1,118,900.00 and the cheapest home in Alloway, NJ, clocking in at $45,250.00. In other words, there’s something for every potential homebuyer or savvy investor in Alloway, NJ!

Rent Prices In Alloway, NJ

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Alloway, NJ, is on a rollercoaster ride. The average rent price in Alloway, NJ, is $1,570.00. Indeed, when looking to rent in Alloway, NJ, you can expect to pay as little as $980.00 or as much as $2,440.00, with the average rent median estimated to be $1,550.00. The good news is that finding an affordable and desirable property to rent in Alloway, 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 Alloway, NJ In 2024

Alloway is located in Salem, New Jersey, with an estimated municipal population of 3,357 residents. All of the best foreclosed homes for sale in Alloway are located in the following zip code areas on 08318 08001 08098 08302. The estimated population per square kilometer (.62 miles) in Alloway is 38.

Cost Of Living In Alloway, NJ

So, about how much do homes cost in Alloway? The most recent median value of resident-owned homes in Alloway is 226,615. An estimated 90.7 percent of households in Alloway own their homes, with an average family size of 3.29. The median household income in Alloway is 90,000, with47.1 percentage of households earning at least $100,000 annually. For working parents and professionals who are searching for cheap homes in Alloway, the median commute time of resident workers (in minutes) is 32.8. And last, but certainly not least, are you looking for homes to rent in Alloway? If so, the average rent price paid by renters in Alloway is 1,325, according to recent statistics.

Diversity And Demographics In Alloway, 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 Alloway, 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 Alloway is 44.1, split between 51.6 percent male versus 48.4 female. The percentage of residents who report being married in Alloway is 55.6, with an average family size of 3.29.

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

White 89.5%
Black / African American 3.9%
Asian 1%
American Indian / Alaskan Native 1.2%
Native Hawaiian / Other Pacifc Islander 0.9%
Multi-racial 2.9%
Other 0.7%

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

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

Under 10 9%
Aged 10-19 18.2%
20s 11.2%
30s 7.8%
40s 12.5%
50s 16.6%
60s 12.8%
70s 7.4%
80+ 4.5%

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

Pros And Cons Of Living In Alloway, New Jersey

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

  • 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 Alloway.

Reasons To Move To Alloway, 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 Alloway can now afford much more house for the same monthly payment (if interest rates were higher). Motivated and opportunistic sellers in Alloway, meanwhile, can field multiple offers from more qualified buyers.

Alloway, NJ Foreclosures


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