Foreclosure Homes in Waretown, NJ

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Waretown, NJ Foreclosures

How much do homes sell for in Waretown, NJ?
The average home price is currently $486,909.
In Waretown, NJ, how many homes are available?
There are currently 4,009 active home listings available in Waretown.
What’s the average rental cost in Waretown, NJ?
The average rental price in Waretown is $2,394.
What is the most expensive home in Waretown, New Jersey?
The most expensive home sold in Waretown had a price of $3,785,000.
What is currently the cheapest priced home in Waretown, NJ?
The cheapest home for sale in Waretown is priced at $69,147.

Home Value Estimator For Waretown, NJ

There are currently 4,009 real estate properties in Waretown, NJ, with a median automated valuation model (AVM) price of $474,250.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Waretown, 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 Waretown, NJ, is $486,909.00, with the most expensive house in Waretown, NJ, topping out at $3,785,000.00 and the cheapest home in Waretown, NJ, clocking in at $69,147.00. In other words, there’s something for every potential homebuyer or savvy investor in Waretown, NJ!

Rent Prices In Waretown, NJ

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Waretown, NJ, is on a rollercoaster ride. The average rent price in Waretown, NJ, is $2,394.00. Indeed, when looking to rent in Waretown, NJ, you can expect to pay as little as $1,110.00 or as much as $4,270.00, with the average rent median estimated to be $2,300.00. The good news is that finding an affordable and desirable property to rent in Waretown, 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 Waretown, NJ In 2024

Waretown is located in Ocean, New Jersey, with an estimated municipal population of 1,964 residents. All of the best foreclosed homes for sale in Waretown are located in the following zip code areas on 08758. The estimated population per square kilometer (.62 miles) in Waretown is 841.

Cost Of Living In Waretown, NJ

So, about how much do homes cost in Waretown? The most recent median value of resident-owned homes in Waretown is 272,741. An estimated 69.8 percent of households in Waretown own their homes, with an average family size of 2.57. The median household income in Waretown is 71,204, with22.2 percentage of households earning at least $100,000 annually. For working parents and professionals who are searching for cheap homes in Waretown, the median commute time of resident workers (in minutes) is 33.2. And last, but certainly not least, are you looking for homes to rent in Waretown? If so, the average rent price paid by renters in Waretown is 1,585, according to recent statistics.

Diversity And Demographics In Waretown, 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 Waretown, 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 Waretown is 47.1, split between 53.9 percent male versus 46.1 female. The percentage of residents who report being married in Waretown is 43.1, with an average family size of 2.57.

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

White 98.3%
Black / African American 1.7%
Asian 0%
American Indian / Alaskan Native 0%
Native Hawaiian / Other Pacifc Islander 0%
Multi-racial 0%
Other 0%

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

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

Under 10 5.6%
Aged 10-19 8.9%
20s 13.1%
30s 18.8%
40s 6.9%
50s 12.5%
60s 16.1%
70s 11.6%
80+ 6.5%

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

Pros And Cons Of Living In Waretown, New Jersey

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

  • 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 Waretown.

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

Waretown, NJ Foreclosures


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