Foreclosure Homes in Paramus, NJ

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$664,615 EMV

| 2,398 Sq. Ft.

$1,397,871 EMV

| 4,604 Sq. Ft.

$474,725 EMV

| 1,992 Sq. Ft.

$1,244,400 EMV

| 4,811 Sq. Ft.

$1,323,280 EMV

| 7,982 Sq. Ft.

$528,955 EMV

| 2,080 Sq. Ft.

$791,010 EMV
$624,961 EMV

| 2,290 Sq. Ft.

Displaying 1 - 10 of 53

Home Value Estimator For Paramus, NJ

There are currently 8,166 real estate properties in Paramus, NJ, with a median automated valuation model (AVM) price of $710,000.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Paramus, 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 Paramus, NJ, is $764,650.00, with the most expensive house in Paramus, NJ, topping out at $2,840,000.00 and the cheapest home in Paramus, NJ, clocking in at $363,000.00. In other words, there’s something for every potential homebuyer or savvy investor in Paramus, NJ!

Rent Prices In Paramus, NJ

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Paramus, NJ, is on a rollercoaster ride. The average rent price in Paramus, NJ, is $3,094.00. Indeed, when looking to rent in Paramus, NJ, you can expect to pay as little as $1,620.00 or as much as $4,910.00, with the average rent median estimated to be $3,010.00. The good news is that finding an affordable and desirable property to rent in Paramus, 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.

Foreclosure Homes in Paramus, NJ

Find the best foreclosure homes listings for sale — bank-owned, government (Fannie Mae, Freddie Mac, HUD, etc.) and others — in and near the Paramus, NJ area at Get information on foreclosure homes for rent, how to buy foreclosures in Paramus, NJ and much more. Save thousands at closing with home foreclosure listings in Paramus, NJ — up to 75% off market value!

Top Reasons To Live In Paramus, NJ In 2022

Paramus is located in Bergen, New Jersey, with an estimated municipal population of 26,264 residents. All of the best foreclosed homes for sale in Paramus are located in the following zip code areas on 07652 07653. The estimated population per square kilometer (.62 miles) in Paramus is 970.

Cost Of Living In Paramus, NJ

So, about how much do homes cost in Paramus? The most recent median value of resident-owned homes in Paramus is 598,324. An estimated 85.9 percent of households in Paramus own their homes, with an average family size of 3.44. The median household income in Paramus is 128,306, with60.8 percentage of households earning at least $100,000 annually. For working parents and professionals who are searching for cheap homes in Paramus, the median commute time of resident workers (in minutes) is 31.9. And last, but certainly not least, are you looking for homes to rent in Paramus? If so, the average rent price paid by renters in Paramus is 2,011, according to recent statistics.

Diversity And Demographics In Paramus, 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 Paramus, 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 Paramus is 47.5, split between 49.6 percent male versus 50.4 female. The percentage of residents who report being married in Paramus is 56.6, with an average family size of 3.44.

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

White 66.4%
Black / African American 2.8%
Asian 28.6%
American Indian / Alaskan Native 0.1%
Native Hawaiian / Other Pacifc Islander 0%
Multi-racial 1.8%
Other 0.3%

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

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

Under 10 8.8%
Aged 10-19 12.4%
20s 10.5%
30s 8.6%
40s 13.5%
50s 14.5%
60s 13.9%
70s 8.3%
80+ 9.5%

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

Pros And Cons Of Living In Paramus, New Jersey

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

  • 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 Paramus.

Reasons To Move To Paramus, New Jersey, In 2022

Prospective homebuyers are clearly taking advantage of the low interest rates and numerous government assistance programs. These low interest rates mean homebuyers in Paramus can now afford much more house for the same monthly payment (if interest rates were higher). Motivated and opportunistic sellers in Paramus, meanwhile, can field multiple offers from more qualified buyers.

Paramus, NJ Foreclosures


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