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Foreclosure Homes in Lake Como, NJ

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Lake Como, NJ Foreclosures

How much do homes sell for in Lake Como, NJ?
The average home price is currently $772,047.
In Lake Como, NJ, how many homes are available?
There are currently 775 active home listings available in Lake Como.
What’s the average rental cost in Lake Como, NJ?
The average rental price in Lake Como is $2,021.
What is the most expensive home in Lake Como, New Jersey?
The most expensive home sold in Lake Como had a price of $2,299,999.
What is currently the cheapest priced home in Lake Como, NJ?
The cheapest home for sale in Lake Como is priced at $272,600.

Home Value Estimator For Lake Como, NJ

There are currently 775 real estate properties in Lake Como, NJ, with a median automated valuation model (AVM) price of $702,800.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Lake Como, 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 Lake Como, NJ, is $772,047.00, with the most expensive house in Lake Como, NJ, topping out at $2,299,999.00 and the cheapest home in Lake Como, NJ, clocking in at $272,600.00. In other words, there’s something for every potential homebuyer or savvy investor in Lake Como, NJ!


Rent Prices In Lake Como, NJ

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Lake Como, NJ, is on a rollercoaster ride. The average rent price in Lake Como, NJ, is $2,021.00. Indeed, when looking to rent in Lake Como, NJ, you can expect to pay as little as $1,140.00 or as much as $4,320.00, with the average rent median estimated to be $2,080.00. The good news is that finding an affordable and desirable property to rent in Lake Como, 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 Lake Como, NJ In 2024

Lake Como is located in Monmouth, New Jersey, with an estimated municipal population of 1,682 residents. All of the best foreclosed homes for sale in Lake Como are located in the following zip code areas on Foreclosure.com: 07719. The estimated population per square kilometer (.62 miles) in Lake Como is 2,579.


Cost Of Living In Lake Como, NJ

So, about how much do homes cost in Lake Como? The most recent median value of resident-owned homes in Lake Como is 442,980. An estimated 60.3 percent of households in Lake Como own their homes, with an average family size of 3.15. The median household income in Lake Como is 95,563, with47.1 percentage of households earning at least $100,000 annually. For working parents and professionals who are searching for cheap homes in Lake Como, the median commute time of resident workers (in minutes) is 31.7. And last, but certainly not least, are you looking for homes to rent in Lake Como? If so, the average rent price paid by renters in Lake Como is 1,527, according to recent statistics.


Diversity And Demographics In Lake Como, 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 Lake Como, 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 Lake Como is 37, split between 51.6 percent male versus 48.4 female. The percentage of residents who report being married in Lake Como is 45.7, with an average family size of 3.15.

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

White 90.5%
Black / African American 2.7%
Asian 0.7%
American Indian / Alaskan Native 0.9%
Native Hawaiian / Other Pacifc Islander 0%
Multi-racial 1.6%
Other 3.7%

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

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

Under 10 12.1%
Aged 10-19 8.6%
20s 20%
30s 11.5%
40s 12.3%
50s 17.7%
60s 10.2%
70s 5.9%
80+ 1.6%

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


Pros And Cons Of Living In Lake Como, New Jersey

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

  • 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 Lake Como.


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

Lake Como, NJ Foreclosures


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