Bankruptcy Homes in Caldwell, NJ

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Home Value Estimator For Caldwell, NJ

There are currently 2,260 real estate properties in Caldwell, NJ, with a median automated valuation model (AVM) price of $657,200.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Caldwell, 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 Caldwell, NJ, is $707,980.00, with the most expensive house in Caldwell, NJ, topping out at $3,682,000.00 and the cheapest home in Caldwell, NJ, clocking in at $188,200.00. In other words, there’s something for every potential homebuyer or savvy investor in Caldwell, NJ!

Rent Prices In Caldwell, NJ

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Caldwell, NJ, is on a rollercoaster ride. The average rent price in Caldwell, NJ, is $2,338.00. Indeed, when looking to rent in Caldwell, NJ, you can expect to pay as little as $1,230.00 or as much as $6,420.00, with the average rent median estimated to be $2,230.00. The good news is that finding an affordable and desirable property to rent in Caldwell, 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 Caldwell, NJ In 2024

Caldwell is located in Essex, New Jersey, with an estimated municipal population of 7,941 residents. All of the best foreclosed homes for sale in Caldwell are located in the following zip code areas on 07006. The estimated population per square kilometer (.62 miles) in Caldwell is 2,602.

Cost Of Living In Caldwell, NJ

So, about how much do homes cost in Caldwell? The most recent median value of resident-owned homes in Caldwell is 467,249. An estimated 49 percent of households in Caldwell own their homes, with an average family size of 3.09. The median household income in Caldwell is 96,806, with48.4 percentage of households earning at least $100,000 annually. For working parents and professionals who are searching for cheap homes in Caldwell, the median commute time of resident workers (in minutes) is 27.2. And last, but certainly not least, are you looking for homes to rent in Caldwell? If so, the average rent price paid by renters in Caldwell is 1,512, according to recent statistics.

Diversity And Demographics In Caldwell, 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 Caldwell, 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 Caldwell is 40.9, split between 47.3 percent male versus 52.7 female. The percentage of residents who report being married in Caldwell is 41, with an average family size of 3.09.

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

White 87%
Black / African American 3.7%
Asian 5.6%
American Indian / Alaskan Native 0.7%
Native Hawaiian / Other Pacifc Islander 0%
Multi-racial 1%
Other 2%

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

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

Under 10 7.5%
Aged 10-19 12.7%
20s 14.9%
30s 14.5%
40s 15.1%
50s 11.6%
60s 12.4%
70s 7%
80+ 4.3%

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

Pros And Cons Of Living In Caldwell, New Jersey

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

  • 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 Caldwell.

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

Caldwell, NJ Bankruptcy Homes


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