Cheap Homes in Roosevelt, NJ

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Top Reasons To Live In Roosevelt, NJ In 2024

Roosevelt is located in Monmouth, New Jersey, with an estimated municipal population of 836 residents. All of the best foreclosed homes for sale in Roosevelt are located in the following zip code areas on 08555 08535. The estimated population per square kilometer (.62 miles) in Roosevelt is 166.

Cost Of Living In Roosevelt, NJ

So, about how much do homes cost in Roosevelt? The most recent median value of resident-owned homes in Roosevelt is 317,176. An estimated 89.2 percent of households in Roosevelt own their homes, with an average family size of 3.24. The median household income in Roosevelt is 105,694, with53.9 percentage of households earning at least $100,000 annually. For working parents and professionals who are searching for cheap homes in Roosevelt, the median commute time of resident workers (in minutes) is 43.5.

Diversity And Demographics In Roosevelt, 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 Roosevelt, 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 Roosevelt is 42.5, split between 51.3 percent male versus 48.7 female. The percentage of residents who report being married in Roosevelt is 63.6, with an average family size of 3.24.

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

White 90.3%
Black / African American 4.6%
Asian 1.9%
American Indian / Alaskan Native 0%
Native Hawaiian / Other Pacifc Islander 0%
Multi-racial 2.2%
Other 1.1%

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

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

Under 10 14%
Aged 10-19 11.2%
20s 8.5%
30s 11.4%
40s 9.6%
50s 14.8%
60s 21.5%
70s 6.3%
80+ 2.5%

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

Pros And Cons Of Living In Roosevelt, New Jersey

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

  • 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 Roosevelt.

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

Cheap Homes in Roosevelt, NJ


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