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Foreclosure Homes in Port Reading, NJ

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Port Reading, NJ Foreclosures

How much do homes sell for in Port Reading, NJ?
The average home price is currently $466,658.
In Port Reading, NJ, how many homes are available?
There are currently 1,213 active home listings available in Port Reading.
What’s the average rental cost in Port Reading, NJ?
The average rental price in Port Reading is $1,972.
What is the most expensive home in Port Reading, New Jersey?
The most expensive home sold in Port Reading had a price of $796,100.
What is currently the cheapest priced home in Port Reading, NJ?
The cheapest home for sale in Port Reading is priced at $145,800.

Home Value Estimator For Port Reading, NJ

There are currently 1,213 real estate properties in Port Reading, NJ, with a median automated valuation model (AVM) price of $460,700.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Port Reading, 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 Port Reading, NJ, is $466,658.00, with the most expensive house in Port Reading, NJ, topping out at $796,100.00 and the cheapest home in Port Reading, NJ, clocking in at $145,800.00. In other words, there’s something for every potential homebuyer or savvy investor in Port Reading, NJ!


Rent Prices In Port Reading, NJ

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Port Reading, NJ, is on a rollercoaster ride. The average rent price in Port Reading, NJ, is $1,972.00. Indeed, when looking to rent in Port Reading, NJ, you can expect to pay as little as $1,160.00 or as much as $3,420.00, with the average rent median estimated to be $1,950.00. The good news is that finding an affordable and desirable property to rent in Port Reading, 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 Port Reading, NJ In 2024

Port Reading is located in Middlesex, New Jersey, with an estimated municipal population of 3,864 residents. All of the best foreclosed homes for sale in Port Reading are located in the following zip code areas on Foreclosure.com: 07077 07001 07064. The estimated population per square kilometer (.62 miles) in Port Reading is 663.


Cost Of Living In Port Reading, NJ

So, about how much do homes cost in Port Reading? The most recent median value of resident-owned homes in Port Reading is 293,528. An estimated 84.3 percent of households in Port Reading own their homes, with an average family size of 3.33. The median household income in Port Reading is 89,022, with43.4 percentage of households earning at least $100,000 annually. For working parents and professionals who are searching for cheap homes in Port Reading, the median commute time of resident workers (in minutes) is 27.7. And last, but certainly not least, are you looking for homes to rent in Port Reading? If so, the average rent price paid by renters in Port Reading is 1,365, according to recent statistics.


Diversity And Demographics In Port Reading, 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 Port Reading, 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 Port Reading is 44.3, split between 48.8 percent male versus 51.2 female. The percentage of residents who report being married in Port Reading is 49.3, with an average family size of 3.33.

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

White 62.2%
Black / African American 14.8%
Asian 14.5%
American Indian / Alaskan Native 0%
Native Hawaiian / Other Pacifc Islander 0%
Multi-racial 4.2%
Other 4.4%

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

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

Under 10 9.7%
Aged 10-19 14.7%
20s 9.9%
30s 10.1%
40s 16.7%
50s 17%
60s 10.4%
70s 7.1%
80+ 4.3%

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


Pros And Cons Of Living In Port Reading, New Jersey

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

  • 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 Port Reading.


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

Port Reading, NJ Foreclosures


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