Rent To Own Homes in Beachwood, NJ

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6 View this home at Beachwood Blvd Beachwood NJ 08722
$508,522 EMV
Beachwood Blvd
Beachwood, NJ 08722
4 |
EST. RENT: $3,820
AUCTION: 05-14-2024
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Home Value Estimator For Beachwood, NJ

There are currently 3,793 real estate properties in Beachwood, NJ, with a median automated valuation model (AVM) price of $403,500.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Beachwood, 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 Beachwood, NJ, is $417,919.00, with the most expensive house in Beachwood, NJ, topping out at $23,138,500.00 and the cheapest home in Beachwood, NJ, clocking in at $17,886.00. In other words, there’s something for every potential homebuyer or savvy investor in Beachwood, NJ!

Rent Prices In Beachwood, NJ

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Beachwood, NJ, is on a rollercoaster ride. The average rent price in Beachwood, NJ, is $2,635.00. Indeed, when looking to rent in Beachwood, NJ, you can expect to pay as little as $1,490.00 or as much as $3,920.00, with the average rent median estimated to be $2,610.00. The good news is that finding an affordable and desirable property to rent in Beachwood, 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 Beachwood, NJ In 2024

Beachwood is located in Ocean, New Jersey, with an estimated municipal population of 11,312 residents. All of the best foreclosed homes for sale in Beachwood are located in the following zip code areas on 08722. The estimated population per square kilometer (.62 miles) in Beachwood is 1,580.

Cost Of Living In Beachwood, NJ

So, about how much do homes cost in Beachwood? The most recent median value of resident-owned homes in Beachwood is 231,602. An estimated 86 percent of households in Beachwood own their homes, with an average family size of 3.32. The median household income in Beachwood is 79,777, with38.2 percentage of households earning at least $100,000 annually. For working parents and professionals who are searching for cheap homes in Beachwood, the median commute time of resident workers (in minutes) is 28.8. And last, but certainly not least, are you looking for homes to rent in Beachwood? If so, the average rent price paid by renters in Beachwood is 1,641, according to recent statistics.

Diversity And Demographics In Beachwood, 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 Beachwood, 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 Beachwood is 35.8, split between 51 percent male versus 49 female. The percentage of residents who report being married in Beachwood is 49.2, with an average family size of 3.32.

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

White 91.9%
Black / African American 3.9%
Asian 0.1%
American Indian / Alaskan Native 0%
Native Hawaiian / Other Pacifc Islander 0%
Multi-racial 3%
Other 1.1%

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

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

Under 10 12.5%
Aged 10-19 15%
20s 14.4%
30s 12.3%
40s 13.2%
50s 16%
60s 9.6%
70s 5.4%
80+ 1.5%

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

Pros And Cons Of Living In Beachwood, New Jersey

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

  • 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 Beachwood.

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

Beachwood, NJ Rent To Own Homes


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