There are currently 1,617 real estate properties in Edgewater Park, NJ, with a median automated valuation model (AVM) price of $315,700.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Edgewater Park, 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 Edgewater Park, NJ, is $291,982.00, with the most expensive house in Edgewater Park, NJ, topping out at $2,575,000.00 and the cheapest home in Edgewater Park, NJ, clocking in at $43,000.00. In other words, there’s something for every potential homebuyer or savvy investor in Edgewater Park, NJ!
With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Edgewater Park, NJ, is on a rollercoaster ride. The average rent price in Edgewater Park, NJ, is $1,659.00. Indeed, when looking to rent in Edgewater Park, NJ, you can expect to pay as little as $820.00 or as much as $3,320.00, with the average rent median estimated to be $1,750.00. The good news is that finding an affordable and desirable property to rent in Edgewater Park, 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.
Find the best foreclosure homes listings for sale — bank-owned, government (Fannie Mae, Freddie Mac, HUD, etc.) and others — in and near the Edgewater Park, NJ area at Foreclosure.com. Get information on foreclosure homes for rent, how to buy foreclosures in Edgewater Park, NJ and much more. Save thousands at closing with home foreclosure listings in Edgewater Park, NJ — up to 75% off market value!
Edgewater Park is located in Burlington, New Jersey, with an estimated municipal population of 8,692 residents. All of the best foreclosed homes for sale in Edgewater Park are located in the following zip code areas on Foreclosure.com: 08010. The estimated population per square kilometer (.62 miles) in Edgewater Park is 1,149.
So, about how much do homes cost in Edgewater Park? The most recent median value of resident-owned homes in Edgewater Park is 178,237. An estimated 55.8 percent of households in Edgewater Park own their homes, with an average family size of 3.07. The median household income in Edgewater Park is 68,095, with27 percentage of households earning at least $100,000 annually. For working parents and professionals who are searching for cheap homes in Edgewater Park, the median commute time of resident workers (in minutes) is 27.3. And last, but certainly not least, are you looking for homes to rent in Edgewater Park? If so, the average rent price paid by renters in Edgewater Park is 1,307, according to recent statistics.
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 Edgewater Park, 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 Edgewater Park is 41.5, split between 45 percent male versus 55 female. The percentage of residents who report being married in Edgewater Park is 39.4, with an average family size of 3.07.
The percentage of residents who report their race in Edgewater Park is as follows:
| White | 62.8% |
| Black / African American | 28% |
| Asian | 1.2% |
| American Indian / Alaskan Native | 0% |
| Native Hawaiian / Other Pacifc Islander | 0% |
| Multi-racial | 3% |
| Other | 5.1% |
Looking for family-friendly neighborhoods in and/or near Edgewater Park? Or maybe you are searching for 55+ active adult communities in and/or near Edgewater Park?
The percentage of residents who report their age in Edgewater Park is as follows:
| Under 10 | 7.3% |
| Aged 10-19 | 15.4% |
| 20s | 12.2% |
| 30s | 13.8% |
| 40s | 15.3% |
| 50s | 14.3% |
| 60s | 10% |
| 70s | 9.6% |
| 80+ | 2.2% |
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 Edgewater Park with dedicated in-home learning spaces, as well as for homes located within the best school systems for in-person instruction in Edgewater Park.
How do you know that living in -- or moving to -- Edgewater Park is right where you need to be? Perhaps you grew up in Edgewater Park or already live nearby; therefore, the decision to buy a home in Edgewater Park is a no-brainer. For others, however, it may not be such a straightforward or simple decision. Whether you are relocating to Edgewater Park 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 Edgewater Park:
In short, it always helps to create a “Pros vs. Cons” list of what you need in a home and/or neighborhood like Edgewater Park.
Prospective homebuyers are clearly taking advantage of the low interest rates and numerous government assistance programs. These low interest rates mean homebuyers in Edgewater Park can now afford much more house for the same monthly payment (if interest rates were higher). Motivated and opportunistic sellers in Edgewater Park, meanwhile, can field multiple offers from more qualified buyers.
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