There are currently 10,817 real estate properties in North Bergen, NJ, with a median automated valuation model (AVM) price of $476,200.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in North Bergen, 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 North Bergen, NJ, is $474,758.00, with the most expensive house in North Bergen, NJ, topping out at $10,331,000.00 and the cheapest home in North Bergen, NJ, clocking in at $112,000.00. In other words, there’s something for every potential homebuyer or savvy investor in North Bergen, NJ!
With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in North Bergen, NJ, is on a rollercoaster ride. The average rent price in North Bergen, NJ, is $2,000.00. Indeed, when looking to rent in North Bergen, NJ, you can expect to pay as little as $1,020.00 or as much as $4,350.00, with the average rent median estimated to be $1,920.00. The good news is that finding an affordable and desirable property to rent in North Bergen, 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 North Bergen, NJ area at Foreclosure.com. Get information on foreclosure homes for rent, how to buy foreclosures in North Bergen, NJ and much more. Save thousands at closing with home foreclosure listings in North Bergen, NJ — up to 75% off market value!
North Bergen is located in Hudson, New Jersey, with an estimated municipal population of 61,619 residents. All of the best foreclosed homes for sale in North Bergen are located in the following zip code areas on Foreclosure.com: 07047. The estimated population per square kilometer (.62 miles) in North Bergen is 4,632.
So, about how much do homes cost in North Bergen? The most recent median value of resident-owned homes in North Bergen is 349,355. An estimated 40.2 percent of households in North Bergen own their homes, with an average family size of 3.33. The median household income in North Bergen is 63,908, with30.4 percentage of households earning at least $100,000 annually. For working parents and professionals who are searching for cheap homes in North Bergen, the median commute time of resident workers (in minutes) is 34.2. And last, but certainly not least, are you looking for homes to rent in North Bergen? If so, the average rent price paid by renters in North Bergen is 1,437, 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 North Bergen, 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 North Bergen is 38.5, split between 50.8 percent male versus 49.2 female. The percentage of residents who report being married in North Bergen is 45.5, with an average family size of 3.33.
The percentage of residents who report their race in North Bergen is as follows:
White | 67.9% |
Black / African American | 4.2% |
Asian | 7.7% |
American Indian / Alaskan Native | 0.3% |
Native Hawaiian / Other Pacifc Islander | 0.1% |
Multi-racial | 4.1% |
Other | 15.6% |
Looking for family-friendly neighborhoods in and/or near North Bergen? Or maybe you are searching for 55+ active adult communities in and/or near North Bergen?
The percentage of residents who report their age in North Bergen is as follows:
Under 10 | 12.2% |
Aged 10-19 | 10.8% |
20s | 14.3% |
30s | 15% |
40s | 13% |
50s | 13.7% |
60s | 10.8% |
70s | 5.9% |
80+ | 4.4% |
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 North Bergen with dedicated in-home learning spaces, as well as for homes located within the best school systems for in-person instruction in North Bergen.
How do you know that living in -- or moving to -- North Bergen is right where you need to be? Perhaps you grew up in North Bergen or already live nearby; therefore, the decision to buy a home in North Bergen is a no-brainer. For others, however, it may not be such a straightforward or simple decision. Whether you are relocating to North Bergen 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 North Bergen:
In short, it always helps to create a “Pros vs. Cons” list of what you need in a home and/or neighborhood like North Bergen.
Prospective homebuyers are clearly taking advantage of the low interest rates and numerous government assistance programs. These low interest rates mean homebuyers in North Bergen can now afford much more house for the same monthly payment (if interest rates were higher). Motivated and opportunistic sellers in North Bergen, meanwhile, can field multiple offers from more qualified buyers.
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