Rent to own Homes in Roselle, NJ
Roselle, New Jersey, is a town with an electric past -- quite literally. Roselle was the first place in the United States with an overhead electrical wiring system -- thanks to nearby resident Thomas Edison -- which was first installed in the early 1880s. Since then, this Union County town has become a popular city for residents and workers of both New York and northern New Jersey, and retains its place as one of the jewel spots of the Garden State.
Roselle, NJ is a great place for affordable rent-to-own homes! With a median household income of over $65,307 and a median rent of $1,192, the Roselle, 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 Roselle, 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 Roselle, NJ Property Resources
Rent to own Homes in Cities Near Roselle, NJ
- Belford
- Brookside
- Brownville
- Carteret
- Cliffwood
- Cliffwood Beach
- Colts Neck
- Dayton
- East Brunswick
- East Franklin
- East Millstone
- Fords
- Franklin Center
- Franklin Park
- Green Knoll
- Hazlet
- Helmetta
- Hibernia
- Hillsborough
- Hopelawn
- Keansburg
- Kendall Park
- Keyport
- Leonardo
- Macopin
- Manville
- Marlboro
- Mendham
- Menlo Park Terrace
- Middlebush
- Middletown
- Millstone
- Monroe Township
- North Brunswick
- North Haledon
- Parlin
- Paterson
- Perth Amboy
- Plainfield
- Pluckemin
- Port Monmouth
- Port Reading
- Preakness
- Rutgers University Livingston Campus
- Sayreville
- Society Hill
- Somerset
- South Bound Brook
- Weston
- Yorketown
Neighborhoods in Roselle, NJ
Roselle rent to own homesPopular Zip Codes in Roselle, NJ
07203 rent to own homesBuying a Home in Roselle, NJ
Roselle, NJ is seeing rapid growth and Roselle, NJ's' housing market remains not optimal with an average home price that is 6% above the 2024 national average. Roselle, NJ is part of Union 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 Union is 1.87% which is above the national average, which is 0.99%.
Median Home Price in Roselle, NJ
Median Rent in Roselle, NJ
Top 5 Reasons to Live in Roselle, NJ
It's pizza time: New Jersey is (rightfully) known as a hot spot for great pizza, and Roselle boasts some of the finest pies in all of Northern New Jersey. Over on Raritan Road, Mama's Gourmet Pizza is well known for their slices - especially their famous buffalo chicken pizza. Not that far away on Chestnut Street, Roselle's Fried Chicken & Pizza offers fantastic options for both the food options in their name. It's not always easy to find great fried chicken (as well as pizza) in Jersey, but this outlet is a gem.
Great options for your feathered, furry friends: If your new property is within Roselle, you'll have plenty of nearby options for care and treatment of your pets. Not only does Roselle feature the Elizabeth Veterinary Clinic, The Barker Lounge is a fabulous spot for pet boarding, pet sitting, grooming and general care for your dog, cat, or any other pet.
Some fabulous restaurant options: There is certainly no shortage of fantastic restaurants within Roselle. There are some great local favorites recommended by Roselle residents, including the fabled Pinho's Bakery (amazing cannoli) and the fabulous diner called the White Rose System (strange name, great food).
Affordable housing! The average price for a home in Roselle is around $160,000, which is very inexpensive when compared with other homes in Union County. If you're not ready to buy outright, consider searching for rent to own properties. With the extra money you'll save, you can dine at great local restaurants like Central Park and the superb Lun Wah Restaurant.
Wide variety of housing options! If you're looking for a house in Roselle, New Jersey, you'll have plenty of choices; there are over 100 different homes in Roselle available for purchase. Once you find the right place to live, you'll be able to go out in Roselle's fine nightlife, including Villa Tequila Bar & Cocina and Hamilton's Tavern.