Foreclosure Homes in West Orange, NJ

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West Orange, NJ Foreclosures

How much do homes sell for in West Orange, NJ?
The average home price is currently $633,431.
In West Orange, NJ, how many homes are available?
There are currently 13,455 active home listings available in West Orange.
What’s the average rental cost in West Orange, NJ?
The average rental price in West Orange is $2,774.
What is the most expensive home in West Orange, New Jersey?
The most expensive home sold in West Orange had a price of $8,925,000.
What is currently the cheapest priced home in West Orange, NJ?
The cheapest home for sale in West Orange is priced at $49,440.

Home Value Estimator For West Orange, NJ

There are currently 13,455 real estate properties in West Orange, NJ, with a median automated valuation model (AVM) price of $596,900.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in West Orange, 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 West Orange, NJ, is $633,431.00, with the most expensive house in West Orange, NJ, topping out at $8,925,000.00 and the cheapest home in West Orange, NJ, clocking in at $49,440.00. In other words, there’s something for every potential homebuyer or savvy investor in West Orange, NJ!

Rent Prices In West Orange, NJ

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in West Orange, NJ, is on a rollercoaster ride. The average rent price in West Orange, NJ, is $2,774.00. Indeed, when looking to rent in West Orange, NJ, you can expect to pay as little as $1,120.00 or as much as $5,900.00, with the average rent median estimated to be $2,750.00. The good news is that finding an affordable and desirable property to rent in West Orange, 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 West Orange, NJ In 2024

West Orange is located in Essex, New Jersey, with an estimated municipal population of 47,359 residents. All of the best foreclosed homes for sale in West Orange are located in the following zip code areas on 07052. The estimated population per square kilometer (.62 miles) in West Orange is 1,523.

Cost Of Living In West Orange, NJ

So, about how much do homes cost in West Orange? The most recent median value of resident-owned homes in West Orange is 385,320. An estimated 69.5 percent of households in West Orange own their homes, with an average family size of 3.36. The median household income in West Orange is 105,537, with52.5 percentage of households earning at least $100,000 annually. For working parents and professionals who are searching for cheap homes in West Orange, the median commute time of resident workers (in minutes) is 34.2. And last, but certainly not least, are you looking for homes to rent in West Orange? If so, the average rent price paid by renters in West Orange is 1,485, according to recent statistics.

Diversity And Demographics In West Orange, 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 West Orange, 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 West Orange is 43.2, split between 48.6 percent male versus 51.4 female. The percentage of residents who report being married in West Orange is 48.9, with an average family size of 3.36.

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

White 55%
Black / African American 28%
Asian 7.5%
American Indian / Alaskan Native 0.1%
Native Hawaiian / Other Pacifc Islander 0%
Multi-racial 4.5%
Other 4.9%

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

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

Under 10 9.9%
Aged 10-19 12.8%
20s 12%
30s 11.3%
40s 14.1%
50s 14.9%
60s 11.2%
70s 8%
80+ 5.7%

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

Pros And Cons Of Living In West Orange, New Jersey

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

  • 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 West Orange.

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

West Orange, NJ Foreclosures


Listing types in West Orange, NJ

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