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City-owned Homes And Land in Browns Mills, NJ

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5 View this home at Arrahbella Avenue Browns Mills NJ 08015
Preforeclosure
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Arrahbella Avenue
Browns Mills, NJ 08015
Single-Family
|
3 |
3
|
1,472
AUCTION: 04-18-2024
Single-Family
|
3 |
3
|
1,472
View this home at Arrabella Ave Browns Mills NJ 08015
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$283,300 EMV
Arrabella Ave
Browns Mills, NJ 08015
Single-Family
1,472
EST. RENT: $1,930
|
AUCTION: 04-18-2024
Single-Family
1,472
View this home at Arrahbella Ave Browns Mills NJ 08015
Preforeclosure
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Arrahbella Ave
Browns Mills, NJ 08015
Single-Family
1,760
AUCTION: 04-18-2024
Single-Family
1,760
View this home at E Lakeshore Dr Browns Mills NJ 08015
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$175,800 EMV
E Lakeshore Dr
Browns Mills, NJ 08015
Single-Family
961
EST. RENT: $1,610
|
AUCTION: 04-18-2024
Single-Family
961
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Home Value Estimator For Browns Mills, NJ

There are currently 6,618 real estate properties in Browns Mills, NJ, with a median automated valuation model (AVM) price of $282,900.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Browns Mills, 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 Browns Mills, NJ, is $291,240.00, with the most expensive house in Browns Mills, NJ, topping out at $1,066,538.00 and the cheapest home in Browns Mills, NJ, clocking in at $23,000.00. In other words, there’s something for every potential homebuyer or savvy investor in Browns Mills, NJ!


Rent Prices In Browns Mills, NJ

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Browns Mills, NJ, is on a rollercoaster ride. The average rent price in Browns Mills, NJ, is $1,551.00. Indeed, when looking to rent in Browns Mills, NJ, you can expect to pay as little as $900.00 or as much as $3,310.00, with the average rent median estimated to be $1,530.00. The good news is that finding an affordable and desirable property to rent in Browns Mills, 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 Browns Mills, NJ In 2024

Browns Mills is located in Burlington, New Jersey, with an estimated municipal population of 10,998 residents. All of the best foreclosed homes for sale in Browns Mills are located in the following zip code areas on Foreclosure.com: 08015. The estimated population per square kilometer (.62 miles) in Browns Mills is 790.


Cost Of Living In Browns Mills, NJ

So, about how much do homes cost in Browns Mills? The most recent median value of resident-owned homes in Browns Mills is 154,820. An estimated 74.2 percent of households in Browns Mills own their homes, with an average family size of 3.29. The median household income in Browns Mills is 63,833, with24.1 percentage of households earning at least $100,000 annually. For working parents and professionals who are searching for cheap homes in Browns Mills, the median commute time of resident workers (in minutes) is 30.5. And last, but certainly not least, are you looking for homes to rent in Browns Mills? If so, the average rent price paid by renters in Browns Mills is 1,162, according to recent statistics.


Diversity And Demographics In Browns Mills, 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 Browns Mills, 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 Browns Mills is 35.9, split between 48.6 percent male versus 51.4 female. The percentage of residents who report being married in Browns Mills is 42.7, with an average family size of 3.29.

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

White 61%
Black / African American 23.4%
Asian 3.4%
American Indian / Alaskan Native 0.2%
Native Hawaiian / Other Pacifc Islander 0%
Multi-racial 10.4%
Other 1.6%

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

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

Under 10 13.8%
Aged 10-19 12.9%
20s 14.7%
30s 12.8%
40s 13.8%
50s 12.9%
60s 11.2%
70s 5.2%
80+ 2.6%

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


Pros And Cons Of Living In Browns Mills, New Jersey

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

  • 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 Browns Mills.


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

Browns Mills, NJ City-owned Homes And Land


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