There are currently 3,003 real estate properties in Highland Lakes, NJ, with a median automated valuation model (AVM) price of $252,400.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Highland Lakes, 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 Highland Lakes, NJ, is $263,518.00, with the most expensive house in Highland Lakes, NJ, topping out at $1,562,800.00 and the cheapest home in Highland Lakes, NJ, clocking in at $50,500.00. In other words, there’s something for every potential homebuyer or savvy investor in Highland Lakes, NJ!
With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Highland Lakes, NJ, is on a rollercoaster ride. The average rent price in Highland Lakes, NJ, is $1,633.00. Indeed, when looking to rent in Highland Lakes, NJ, you can expect to pay as little as $910.00 or as much as $2,950.00, with the average rent median estimated to be $1,630.00. The good news is that finding an affordable and desirable property to rent in Highland Lakes, 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 Highland Lakes, NJ area at Foreclosure.com. Get information on foreclosure homes for rent, how to buy foreclosures in Highland Lakes, NJ and much more. Save thousands at closing with home foreclosure listings in Highland Lakes, NJ — up to 75% off market value!
Highland Lakes is located in Sussex, New Jersey, with an estimated municipal population of 5,098 residents. All of the best foreclosed homes for sale in Highland Lakes are located in the following zip code areas on Foreclosure.com: 07462 07422. The estimated population per square kilometer (.62 miles) in Highland Lakes is 455.
So, about how much do homes cost in Highland Lakes? The most recent median value of resident-owned homes in Highland Lakes is 227,305. An estimated 91.9 percent of households in Highland Lakes own their homes, with an average family size of 2.96. The median household income in Highland Lakes is 101,171, with52.3 percentage of households earning at least $100,000 annually. For working parents and professionals who are searching for cheap homes in Highland Lakes, the median commute time of resident workers (in minutes) is 43.9. And last, but certainly not least, are you looking for homes to rent in Highland Lakes? If so, the average rent price paid by renters in Highland Lakes is 1,500, 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 Highland Lakes, 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 Highland Lakes is 40.6, split between 51.2 percent male versus 48.8 female. The percentage of residents who report being married in Highland Lakes is 60.6, with an average family size of 2.96.
The percentage of residents who report their race in Highland Lakes is as follows:
|Black / African American||0.9%|
|American Indian / Alaskan Native||0%|
|Native Hawaiian / Other Pacifc Islander||0%|
Looking for family-friendly neighborhoods in and/or near Highland Lakes? Or maybe you are searching for 55+ active adult communities in and/or near Highland Lakes?
The percentage of residents who report their age in Highland Lakes is as follows:
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 Highland Lakes with dedicated in-home learning spaces, as well as for homes located within the best school systems for in-person instruction in Highland Lakes.
How do you know that living in -- or moving to -- Highland Lakes is right where you need to be? Perhaps you grew up in Highland Lakes or already live nearby; therefore, the decision to buy a home in Highland Lakes is a no-brainer. For others, however, it may not be such a straightforward or simple decision. Whether you are relocating to Highland Lakes 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 Highland Lakes:
In short, it always helps to create a “Pros vs. Cons” list of what you need in a home and/or neighborhood like Highland Lakes.
Prospective homebuyers are clearly taking advantage of the low interest rates and numerous government assistance programs. These low interest rates mean homebuyers in Highland Lakes can now afford much more house for the same monthly payment (if interest rates were higher). Motivated and opportunistic sellers in Highland Lakes, meanwhile, can field multiple offers from more qualified buyers.