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Foreclosure Homes in Norwood, NJ

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View this home at Blanch Ave Norwood NJ 07648
Preforeclosure
$607,325 EMV

| 1,726 Sq. Ft.

View this home at Blanch Ave Norwood NJ 07648
Preforeclosure
$775,200 EMV

| 2,184 Sq. Ft.

View this home at Impatience Way Norwood NJ 07648
Preforeclosure
$1,111,418 EMV

| 3,380 Sq. Ft.

View this home at Summit St Norwood NJ 07648
Preforeclosure
$817,360 EMV

| 4,209 Sq. Ft.

View this home at Mohawk Ave Norwood NJ 07648
Bankruptcy
$854,700 EMV

| 3,116 Sq. Ft.

View this home at Summit St Norwood NJ 07648
Bankruptcy
View this home at Piermont Rd Norwood NJ 07648
Tax Lien
$1,285,467 EMV

| 5,856 Sq. Ft.

View this home at Hazel Ct Norwood NJ 07648
Tax Lien
$1,094,128 EMV
View this home at Blanch Ave Norwood NJ 07648
Tax Lien
$843,700 EMV

| 2,534 Sq. Ft.

View this home at Kensington Ave Norwood NJ 07648
Tax Lien
$492,490 EMV

| 1,822 Sq. Ft.

Displaying 1 - 10 of 13
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Norwood, NJ Foreclosures

How much do homes sell for in Norwood, NJ?
The average home price is currently $844,177.
In Norwood, NJ, how many homes are available?
There are currently 1,865 active home listings available in Norwood.
What’s the average rental cost in Norwood, NJ?
The average rental price in Norwood is $3,043.
What is the most expensive home in Norwood, New Jersey?
The most expensive home sold in Norwood had a price of $3,375,000.
What is currently the cheapest priced home in Norwood, NJ?
The cheapest home for sale in Norwood is priced at $74,479.

Home Value Estimator For Norwood, NJ

There are currently 1,865 real estate properties in Norwood, NJ, with a median automated valuation model (AVM) price of $749,500.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Norwood, 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 Norwood, NJ, is $844,177.00, with the most expensive house in Norwood, NJ, topping out at $3,375,000.00 and the cheapest home in Norwood, NJ, clocking in at $74,479.00. In other words, there’s something for every potential homebuyer or savvy investor in Norwood, NJ!


Rent Prices In Norwood, NJ

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Norwood, NJ, is on a rollercoaster ride. The average rent price in Norwood, NJ, is $3,043.00. Indeed, when looking to rent in Norwood, NJ, you can expect to pay as little as $1,660.00 or as much as $5,300.00, with the average rent median estimated to be $3,000.00. The good news is that finding an affordable and desirable property to rent in Norwood, 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 Norwood, NJ In 2024

Norwood is located in Bergen, New Jersey, with an estimated municipal population of 5,793 residents. All of the best foreclosed homes for sale in Norwood are located in the following zip code areas on Foreclosure.com: 07648. The estimated population per square kilometer (.62 miles) in Norwood is 803.


Cost Of Living In Norwood, NJ

So, about how much do homes cost in Norwood? The most recent median value of resident-owned homes in Norwood is 613,819. An estimated 81.8 percent of households in Norwood own their homes, with an average family size of 3.16. The median household income in Norwood is 122,200, with55.6 percentage of households earning at least $100,000 annually. For working parents and professionals who are searching for cheap homes in Norwood, the median commute time of resident workers (in minutes) is 37.7. And last, but certainly not least, are you looking for homes to rent in Norwood? If so, the average rent price paid by renters in Norwood is 1,851, according to recent statistics.


Diversity And Demographics In Norwood, 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 Norwood, 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 Norwood is 47.4, split between 44.5 percent male versus 55.5 female. The percentage of residents who report being married in Norwood is 56, with an average family size of 3.16.

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

White 67.2%
Black / African American 0.5%
Asian 28.4%
American Indian / Alaskan Native 1.1%
Native Hawaiian / Other Pacifc Islander 0%
Multi-racial 1.3%
Other 1.5%

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

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

Under 10 11.5%
Aged 10-19 11.7%
20s 8.3%
30s 8%
40s 13.2%
50s 19%
60s 10.9%
70s 9.4%
80+ 7.8%

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


Pros And Cons Of Living In Norwood, New Jersey

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

  • 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 Norwood.


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

Norwood, NJ Foreclosures


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