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As-is Deals in Denville, NJ

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View this home at Lakewood Dr Denville NJ 07834
Preforeclosure
VIEW DETAILS
$675,000 EMV
Lakewood Dr
Denville, NJ 07834
EST. RENT: $0
|
AUCTION: 05-23-2024
View this home at E Glen Rd Denville NJ 07834
Preforeclosure
VIEW DETAILS
$481,700 EMV
E Glen Rd
Denville, NJ 07834
Single-Family
2,280
EST. RENT: $2,880
|
AUCTION: 05-23-2024
Single-Family
2,280
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Home Value Estimator For Denville, NJ

There are currently 6,444 real estate properties in Denville, NJ, with a median automated valuation model (AVM) price of $563,900.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Denville, 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 Denville, NJ, is $615,250.00, with the most expensive house in Denville, NJ, topping out at $2,282,283.00 and the cheapest home in Denville, NJ, clocking in at $21,004.00. In other words, there’s something for every potential homebuyer or savvy investor in Denville, NJ!


Rent Prices In Denville, NJ

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Denville, NJ, is on a rollercoaster ride. The average rent price in Denville, NJ, is $2,527.00. Indeed, when looking to rent in Denville, NJ, you can expect to pay as little as $1,260.00 or as much as $6,580.00, with the average rent median estimated to be $2,400.00. The good news is that finding an affordable and desirable property to rent in Denville, 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 Denville, NJ In 2024

Denville is located in Morris, New Jersey, with an estimated municipal population of 16,606 residents. All of the best foreclosed homes for sale in Denville are located in the following zip code areas on Foreclosure.com: 07834. The estimated population per square kilometer (.62 miles) in Denville is 534.


Cost Of Living In Denville, NJ

So, about how much do homes cost in Denville? The most recent median value of resident-owned homes in Denville is 418,819. An estimated 83.4 percent of households in Denville own their homes, with an average family size of 3.18. The median household income in Denville is 125,655, with60.9 percentage of households earning at least $100,000 annually. For working parents and professionals who are searching for cheap homes in Denville, the median commute time of resident workers (in minutes) is 30.3. And last, but certainly not least, are you looking for homes to rent in Denville? If so, the average rent price paid by renters in Denville is 1,454, according to recent statistics.


Diversity And Demographics In Denville, 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 Denville, 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 Denville is 45.1, split between 48.7 percent male versus 51.3 female. The percentage of residents who report being married in Denville is 58.9, with an average family size of 3.18.

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

White 87.1%
Black / African American 2.5%
Asian 7.6%
American Indian / Alaskan Native 0%
Native Hawaiian / Other Pacifc Islander 0%
Multi-racial 1.9%
Other 0.9%

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

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

Under 10 12.5%
Aged 10-19 10.7%
20s 10.3%
30s 8.7%
40s 15.7%
50s 14.1%
60s 15.7%
70s 7.1%
80+ 5.3%

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


Pros And Cons Of Living In Denville, New Jersey

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

  • 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 Denville.


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

Denville, NJ As-is Deals


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