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Cheap Homes in Mine Hill, NJ

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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 Foreclosure.com: 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.

Cheap Homes in Mine Hill, NJ


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