Rent to own Homes in Englewood, NJ
Located to the north of New York City, Englewood, New Jersey offers easy access to the metropolis while providing refuge from the glare of city lights. Englewood is the birthplace of John Travolta and the place where Vince Lombardi started his football coaching career. Today, Englewood stands on its own as a city with diverse attractions. It has a host of parks, sports fields, restaurants and retail outlets to lure both urbanites and outdoorsy types.
Englewood, NJ is a great place for affordable rent-to-own homes! With a median household income of over $86,485 and a median rent of $1,511, the Englewood, 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 Englewood, 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.
More Englewood, NJ Property Resources
Rent to own Homes in Cities Near Englewood, NJ
- Airmont
- Atlantic Beach
- Bardonia
- Bayville
- Bedford
- Bellerose Terrace
- Bogota
- Cedarhurst
- Chestnut Ridge
- Congers
- Cos Cob
- East Garden City
- East Meadow
- East Rockaway
- Flower Hill
- Glen Head
- Grand View-on-Hudson
- Herricks
- Hewlett Harbor
- Hillburn
- Hillcrest
- Locust Valley
- Malverne
- Manhasset Hills
- Mount Ivy
- Muttontown
- Nanuet
- New Square
- North Caldwell
- North Haledon
- North Lynbrook
- Orangeburg
- Paterson
- Pearl River
- Piermont
- Preakness
- Rock Ridge
- Roslyn Heights
- South Hempstead
- Sparkill
- Spring Valley
- Stony Point
- Tappan
- Tomkins Cove
- Wesley Hills
- West Haverstraw
- Westwood
- William Paterson University Of New Jersey
- Williston Park
- Wyckoff
Neighborhoods in Englewood, NJ
Englewood South rent to own homes Downtown Englewood rent to own homes East Hill rent to own homes Englewood rent to own homesPopular Zip Codes in Englewood, NJ
07631 rent to own homesBuying a Home in Englewood, NJ
Englewood, NJ is seeing rapid growth and Englewood, NJ's' housing market remains not optimal with an average home price that is 86% above the 2024 national average. Englewood, NJ is part of Bergen 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 Bergen is 1.76% which is above the national average, which is 0.99%.
Median Home Price in Englewood, NJ
Median Rent in Englewood, NJ
Top 6 Reasons to Live in Englewood, New Jersey
Vibrant art scene! Englewood is home to the Bergen Performing Arts Center. This center produces world-class dance, comedy and musical performances. Between this Arts Center and the numerous art galleries and schools like One River School and Gallery and ArtWorks, Englewood is an artist's paradise.
Appreciating housing values! Englewood reports an average annual appreciation rate of 1.98 percent for the last ten years, which is well above the nation's average. Rent to own houses on Woodland Street and Johnson Avenue report the highest house price appreciation compared to other areas in Englewood.
Tee up! The city boasts of a number of golf courses. The Englewood Golf Club hosted the 1909 U.S. Open. While this golf course no longer exists, a number of other golf courses like Broken Tee Englewood Golf Course and Glenmoor Country Club are available for residents.
Parks everywhere! People who just love the great outdoors will enjoy Englewood's network of parks. The Flat Rock Brook Park includes trails that lead to woodlands, quarry cliffs, wildflower meadows, streams, and ponds. If that isn't enough, MacKay Park has athletic fields, walking paths, a pool, and an ice hockey rink.
A wide range of rental homes! Whether you like the allure of established homes or prefer the look of fresh paint, there's a rental house that's waiting for you in this part of New Jersey. There are single-bedroom apartments for those who want it cozy and a number of 3- or 4-bedroom homes for people who don't want to scrimp on space in neighborhoods near Tenafly Road and W. Hudson Avenue.
Eat to your heart's content! This city has the world's different cuisines within its borders. Residents can have a taste of Asia with Akai Japanese Sushi Lounge and Kratiem Thai Cuisine, or a good dose of Europe with Patisserie Florentine and Syros Taverna.