Cheap Homes in Farmingdale, NJ

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View this home at Creek Rd Keansburg NJ 07734
$49,410 EMV
View this home at Atkins Ave Neptune NJ 07753
$54,578 EMV
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View this home at Oxford Ct Englishtown NJ 07726
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$30,588 EMV
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Top Reasons To Live In Farmingdale, NJ In 2024

Farmingdale is located in Monmouth, New Jersey, with an estimated municipal population of 1,354 residents. All of the best foreclosed homes for sale in Farmingdale are located in the following zip code areas on 07727. The estimated population per square kilometer (.62 miles) in Farmingdale is 1,004.

Cost Of Living In Farmingdale, NJ

So, about how much do homes cost in Farmingdale? The most recent median value of resident-owned homes in Farmingdale is 302,221. An estimated 49.9 percent of households in Farmingdale own their homes, with an average family size of 3.06. The median household income in Farmingdale is 63,650, with36.1 percentage of households earning at least $100,000 annually. For working parents and professionals who are searching for cheap homes in Farmingdale, the median commute time of resident workers (in minutes) is 33.6. And last, but certainly not least, are you looking for homes to rent in Farmingdale? If so, the average rent price paid by renters in Farmingdale is 1,228, according to recent statistics.

Diversity And Demographics In Farmingdale, 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 Farmingdale, 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 Farmingdale is 39.8, split between 54 percent male versus 46 female. The percentage of residents who report being married in Farmingdale is 41.9, with an average family size of 3.06.

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

White 92.8%
Black / African American 0.9%
Asian 2.9%
American Indian / Alaskan Native 0%
Native Hawaiian / Other Pacifc Islander 0%
Multi-racial 3.2%
Other 0.2%

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

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

Under 10 13.2%
Aged 10-19 11.3%
20s 12.4%
30s 13.3%
40s 12%
50s 16.3%
60s 15.8%
70s 3.9%
80+ 1.8%

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

Pros And Cons Of Living In Farmingdale, New Jersey

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

  • 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 Farmingdale.

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

Cheap Homes in Farmingdale, NJ


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