Rent to own Homes in Hawthorne, NJ
Hawthorne, New Jersey spans approximately 3.4 square miles and is a small borough in Passaic County. As of the 2010 census, Hawthorne's ever-growing population reached almost 19,000 full-time residents. This walkable borough is home to many small businesses and has its own train station, giving it access to much of the greater New York City area.
Hawthorne, NJ is a great place for affordable rent-to-own homes! With a median household income of over $103,586 and a median rent of $1,485, the Hawthorne, 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 Hawthorne, 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 Hawthorne, NJ Property Resources
Rent to own Homes in Cities Near Hawthorne, NJ
- Airmont
- Astoria
- Avenel
- Bardonia
- Bogota
- Boonton
- Chestnut Ridge
- Colonia
- Congers
- Connecticut Farms
- Corona
- Elizabeth
- Fords
- Garwood
- Grand View-on-Hudson
- Great Neck Estates
- Harrison
- Hillburn
- Hillcrest
- Hollis
- Jackson Heights
- Kearny
- Kenilworth
- Linden
- Llewellyn Park
- Madison
- Middle Village
- Mount Ivy
- Nanuet
- New Square
- North Caldwell
- Orangeburg
- Pearl River
- Perth Amboy
- Piermont
- Rahway
- Richmond Hill
- Roselle
- Saint Albans
- Secaucus
- Sewaren
- Sparkill
- Springfield
- Spring Valley
- Tappan
- Tuxedo Park
- Watchung
- Wesley Hills
- West Haverstraw
- William Paterson University Of New Jersey
Neighborhoods in Hawthorne, NJ
Hawthorne rent to own homesBuying a Home in Hawthorne, NJ
Hawthorne, NJ is seeing rapid growth and Hawthorne, NJ's' housing market remains not optimal with an average home price that is 89% above the 2024 national average. Hawthorne, NJ is part of Passaic 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 Passaic is 1.97% which is above the national average, which is 0.99%.
Median Home Price in Hawthorne, NJ
Median Rent in Hawthorne, NJ
Top 5 Reasons to Live in Hawthorne, New Jersey
Bring your appetite! Hawthorne has plenty of restaurants for the discerning palate. Make reservations at Grenada for a taste of Spain, and don't forget to order a pitcher of sangria. The Cuban Flavor Cafe offers special items like tostones and homemade mojo sauce, and the restaurant has live music on the weekends. Locals vote for family-run Enza's Restaurant & Pizzeria as their favorite.
Join the Green Team! Residents of Hawthorne are passionate about the environment and living a sustainable life. The borough even has a group dedicated to the cause, The Green Team, that works on projects related to protecting natural resources. Join the group on the fourth Monday of every month at the Louis Bay 2nd Library. Thanks to this group, the borough maintains the Hawthorne Community Garden, located on Goffle Road.
Historic housing available! In Hawthorne, a large majority of properties were built before 1950, with over 30 percent of homes built before 1939. This makes Hawthorne a great place to look for a historic rent to own house or apartment. Historic homes line the streets of many neighborhoods, giving Hawthorne a unique community feeling. Looking for a home near open, green space? Try MacFarlan Avenue or Goffle Road, which both border Goffle Brook Park and the MacFarlan Avenue Open Space area.
Strong local businesses! Hawthorne has a bustling local business community. Enjoy living close to an independent bookshop, Well Read New & Used Books, which offers customers boundless volumes to peruse, gourmet coffee to sip, and free parking. Pick up flowers for that special someone at Tiffany's Florist and a little something sweet at The Chocolate Box.
Enjoy a stable housing market! Home values in Hawthorne are above the national average and holding strong. It is also notable that vacancy rates are very low in this borough, which means that housing is in demand here. Look for property on Diamond Bridge Avenue for proximity to area restaurants, like King Wok and Kirker's Inn, the Hawthorne Theatre, and the local United States Post Office. With a low crime rate and average commute time under 30 minutes, Hawthorne is a community that many are proud to call home.