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Find the best foreclosure homes listings for sale — bank-owned, government (Fannie Mae, Freddie Mac, HUD, etc.) and others — in and near the Merchantville, NJ area at Foreclosure.com. Get information on foreclosure homes for rent, how to buy foreclosures in Merchantville, NJ and much more. Save thousands at closing with home foreclosure listings in Merchantville, NJ — up to 75% off market value!
Merchantville is located in Camden, New Jersey, with an estimated municipal population of 3,700 residents. All of the best foreclosed homes for sale in Merchantville are located in the following zip code areas on Foreclosure.com: 08109. The estimated population per square kilometer (.62 miles) in Merchantville is 2,407.
So, about how much do homes cost in Merchantville? The most recent median value of resident-owned homes in Merchantville is 228,344. An estimated 64 percent of households in Merchantville own their homes, with an average family size of 3.28. The median household income in Merchantville is 81,295, with33.8 percentage of households earning at least $100,000 annually. For working parents and professionals who are searching for cheap homes in Merchantville, the median commute time of resident workers (in minutes) is 29.3. And last, but certainly not least, are you looking for homes to rent in Merchantville? If so, the average rent price paid by renters in Merchantville is 1,064, 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 Merchantville, 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 Merchantville is 40.4, split between 50.1 percent male versus 49.9 female. The percentage of residents who report being married in Merchantville is 42.7, with an average family size of 3.28.
The percentage of residents who report their race in Merchantville is as follows:
White | 70.7% |
Black / African American | 15.2% |
Asian | 5.5% |
American Indian / Alaskan Native | 0% |
Native Hawaiian / Other Pacifc Islander | 0% |
Multi-racial | 0.4% |
Other | 8.1% |
Looking for family-friendly neighborhoods in and/or near Merchantville? Or maybe you are searching for 55+ active adult communities in and/or near Merchantville?
The percentage of residents who report their age in Merchantville is as follows:
Under 10 | 12.4% |
Aged 10-19 | 12.8% |
20s | 9.8% |
30s | 14.2% |
40s | 12.6% |
50s | 13.9% |
60s | 10.5% |
70s | 7.8% |
80+ | 6.3% |
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 Merchantville with dedicated in-home learning spaces, as well as for homes located within the best school systems for in-person instruction in Merchantville.
How do you know that living in -- or moving to -- Merchantville is right where you need to be? Perhaps you grew up in Merchantville or already live nearby; therefore, the decision to buy a home in Merchantville is a no-brainer. For others, however, it may not be such a straightforward or simple decision. Whether you are relocating to Merchantville 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 Merchantville:
In short, it always helps to create a “Pros vs. Cons” list of what you need in a home and/or neighborhood like Merchantville.
Prospective homebuyers are clearly taking advantage of the low interest rates and numerous government assistance programs. These low interest rates mean homebuyers in Merchantville can now afford much more house for the same monthly payment (if interest rates were higher). Motivated and opportunistic sellers in Merchantville, meanwhile, can field multiple offers from more qualified buyers.
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