Foreclosure Homes in Mine Hill, NJ

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View this home at Hurd St Mine Hill NJ 07803
$432,100 EMV
Hurd St
Mine Hill, NJ 07803
EST. RENT: $2,610
AUCTION: 07-11-2024
View this home at Florence Ln Mine Hill NJ 07803
$585,406 EMV
Florence Ln
Mine Hill, NJ 07803
EST. RENT: $2,930
AUCTION: 05-09-2024
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Mine Hill, NJ Foreclosures

How much do homes sell for in Mine Hill, NJ?
The average home price is currently $451,438.
In Mine Hill, NJ, how many homes are available?
There are currently 1,405 active home listings available in Mine Hill.
What’s the average rental cost in Mine Hill, NJ?
The average rental price in Mine Hill is $2,118.
What is the most expensive home in Mine Hill, New Jersey?
The most expensive home sold in Mine Hill had a price of $1,637,150.
What is currently the cheapest priced home in Mine Hill, NJ?
The cheapest home for sale in Mine Hill is priced at $48,495.

Home Value Estimator For Mine Hill, NJ

There are currently 1,405 real estate properties in Mine Hill, NJ, with a median automated valuation model (AVM) price of $435,600.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Mine Hill, 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 Mine Hill, NJ, is $451,438.00, with the most expensive house in Mine Hill, NJ, topping out at $1,637,150.00 and the cheapest home in Mine Hill, NJ, clocking in at $48,495.00. In other words, there’s something for every potential homebuyer or savvy investor in Mine Hill, NJ!

Rent Prices In Mine Hill, NJ

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Mine Hill, NJ, is on a rollercoaster ride. The average rent price in Mine Hill, NJ, is $2,118.00. Indeed, when looking to rent in Mine Hill, NJ, you can expect to pay as little as $1,240.00 or as much as $3,210.00, with the average rent median estimated to be $2,090.00. The good news is that finding an affordable and desirable property to rent in Mine Hill, 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 Mine Hill, NJ In 2024

Mine Hill is located in Morris, New Jersey, with an estimated municipal population of 3,530 residents. All of the best foreclosed homes for sale in Mine Hill are located in the following zip code areas on 07803. The estimated population per square kilometer (.62 miles) in Mine Hill is 463.

Cost Of Living In Mine Hill, NJ

So, about how much do homes cost in Mine Hill? The most recent median value of resident-owned homes in Mine Hill is 301,812. An estimated 88.9 percent of households in Mine Hill own their homes, with an average family size of 3.3. The median household income in Mine Hill is 91,219, with45.3 percentage of households earning at least $100,000 annually. For working parents and professionals who are searching for cheap homes in Mine Hill, the median commute time of resident workers (in minutes) is 31.2. And last, but certainly not least, are you looking for homes to rent in Mine Hill? If so, the average rent price paid by renters in Mine Hill is 1,706, according to recent statistics.

Diversity And Demographics In Mine Hill, 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 Mine Hill, 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 Mine Hill is 42.2, split between 49 percent male versus 51 female. The percentage of residents who report being married in Mine Hill is 52.6, with an average family size of 3.3.

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

White 79.1%
Black / African American 2.6%
Asian 9.5%
American Indian / Alaskan Native 0%
Native Hawaiian / Other Pacifc Islander 0.4%
Multi-racial 5.1%
Other 3.4%

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

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

Under 10 14%
Aged 10-19 11.1%
20s 10.6%
30s 12.1%
40s 14.2%
50s 15.4%
60s 13%
70s 6.1%
80+ 3.5%

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

Pros And Cons Of Living In Mine Hill, New Jersey

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

  • 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 Mine Hill.

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

Mine Hill, NJ Foreclosures


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