Rent to own Homes in Cherry Hill Mall, NJ
Cherry Hill Mall, New Jersey is a census-designated place in Camden County. Although this area is only 3.6 square miles, its total population is around 14,000. As is evidenced by its name, Cherry Hill Mall is a very popular shopping district and contains lots of retail, dining, and entertainment opportunities for residents and visitors.
Cherry Hill Mall, NJ is a great place for affordable rent-to-own homes! With a median household income of over $91,818 and a median rent of $1,555, the Cherry Hill Mall, NJ rent-to-own market is more affordable than the traditional housing market which has shown tremendous growth across the U.S. and with it, aggressive competition for home purchases. With the current housing shortage trend it can make it harder to become a homeowner, including in Cherry Hill Mall, NJ. This means higher than average down payments for homes and higher qualification standards for conventional home loans. With a rent-to-own property, tenants are also buyers. You can live in the house for a set amount of time before you purchase it, meaning that you get to know the house, your neighbors, and your community before making the final purchase. This enables you and your family to make the right choice based on both information and experience. Rent-to-own is also a great alternative way to get into a home if you have bad credit or don't have enough saved for a down payment.
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Rent to own Homes in Cities Near Cherry Hill Mall, NJ
- Aldan
- Audubon
- Audubon Park
- Barrington
- Blackwood
- Brooklawn
- Camden
- Clarksboro
- Clayton
- Clifton Heights
- Collingdale
- Collingswood
- Colwyn
- Drexel Hill
- East Lansdowne
- Ellisburg
- Elmer
- Essington
- Folsom
- Glassboro
- Grenloch
- Hi-Nella
- Lansdowne
- Laurel Springs
- Marlton
- Merchantville
- Mickleton
- Monroeville
- Mount Royal
- Mullica Hill
- National Park
- Newfield
- Norwood
- Pitman
- Prospect Park
- Rutledge
- Sewell
- Sharon Hill
- Somerdale
- Stratford
- Swarthmore
- Turnersville
- Vineland
- Westmont
- Westville
- Williamstown
- Woodbury
- Woodlyn
- Woodlynne
- Yeadon
Neighborhoods in Cherry Hill Mall, NJ
Cherry Hill rent to own homesPopular Zip Codes in Cherry Hill Mall, NJ
08002 rent to own homesBuying a Home in Cherry Hill Mall, NJ
Cherry Hill Mall, NJ is seeing rapid growth and Cherry Hill Mall, NJ's' housing market remains not optimal with an average home price that is 14% above the 2024 national average. Cherry Hill Mall, NJ is part of Camden county and taxes are an important factor to consider when purchasing a home whether through rent to own or a traditional purchase. The average tax rate as of 2024 for county Camden is 2.5% which is above the national average, which is 0.99%.
Median Home Price in Cherry Hill Mall, NJ
Median Rent in Cherry Hill Mall, NJ
Top 5 Reasons to Live in Cherry Hill Mall, NJ
Shopping galore! Cherry Hill Mall is chock-full of retail and entertainment opportunities for residents and visitors alike. The mall itself offers many diverse stores. Shop Sephora on the Main Level or Old Navy on Level 2. Need a quick sprucing up? Visit the Zara Brow Bar on Level 2 or Lush on the Main Level for fresh, handmade cosmetics. Aside from the mall itself, the Garden State Park Shopping Center offers a Barnes & Noble, Wegman's supermarket, and Home Depot.
Enjoying eating out! Cherry Hill Mall provides many opportunities for eating out. Choose the Silver Diner on Kaighn Avenue for the quintessential New Jersey diner experience. You can also go inside the mall itself to eat at Subway, The Capital Grille, or Bobby's Burger Place.
Plenty of housing! There are many rental homes and apartments available in Cherry Hill Mall. Check Burrough's Mill for availability to live near lush and green Colwick Park. There is also a private lake on the property.If you prefer to be in the middle of the action, check out Cherry Hill Towers. This gated community is perfect for those who like proximity to major highways and amenities like the nearby Hillview Shopping Center.
A buyer's market! About 70 percent of the property in Cherry Hill Mall is owner-occupied, meaning it is a good place to either rent to own or buy a home outright. Home prices here are reasonable; the median home price in Cherry Hill Mall is about 20 percent lower than the rest of New Jersey.
A gateway to everything! Cherry Hill Mall has the advantage of being a gateway to many attractions and entertainment opportunities. The Garden State Discovery Museum on Springdale Road has plenty of interesting exhibits, including a dinosaur room. The AMC Loews Cherry Hill 24 offers all the latest blockbusters.