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Foreclosure Homes in Wanamassa, NJ

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Top Reasons To Live In Wanamassa, NJ In 2024

Wanamassa is located in Monmouth, New Jersey, with an estimated municipal population of 4,630 residents. All of the best foreclosed homes for sale in Wanamassa are located in the following zip code areas on Foreclosure.com: 07712. The estimated population per square kilometer (.62 miles) in Wanamassa is 1,604.


Cost Of Living In Wanamassa, NJ

So, about how much do homes cost in Wanamassa? The most recent median value of resident-owned homes in Wanamassa is 373,874. An estimated 89.4 percent of households in Wanamassa own their homes, with an average family size of 3.4. The median household income in Wanamassa is 122,344, with59.1 percentage of households earning at least $100,000 annually. For working parents and professionals who are searching for cheap homes in Wanamassa, the median commute time of resident workers (in minutes) is 28.7.


Diversity And Demographics In Wanamassa, 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 Wanamassa, 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 Wanamassa is 43.6, split between 56.1 percent male versus 43.9 female. The percentage of residents who report being married in Wanamassa is 60.8, with an average family size of 3.4.

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

White 85%
Black / African American 0.4%
Asian 5.5%
American Indian / Alaskan Native 0%
Native Hawaiian / Other Pacifc Islander 0%
Multi-racial 9%
Other 0.2%

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

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

Under 10 11.4%
Aged 10-19 9.6%
20s 13.3%
30s 12.1%
40s 8.9%
50s 23.3%
60s 11.8%
70s 6.5%
80+ 3%

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


Pros And Cons Of Living In Wanamassa, New Jersey

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

  • 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 Wanamassa.


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

Wanamassa, NJ Foreclosures


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