Rent to own Homes in Rutherford, NJ
The Borough of Rutherford is home to more than 18,000 residents. Only a few miles from New York City, those who have settled in Rutherford can drive onto Route 3, through the Lincoln Tunnel, and across the Hudson in mere minutes. Bus and train service is plentiful as well to the Big Apple, which adds to the borough's appeal. Those not commuting to Manhattan can also enjoy Rutherford's wonderful assets, with its charming downtown and scenic parks.
Rutherford, NJ is a great place for affordable rent-to-own homes! With a median household income of over $106,817 and a median rent of $1,474, the Rutherford, 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 Rutherford, 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 Rutherford, NJ Property Resources
Rent to own Homes in Cities Near Rutherford, 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 Rutherford, NJ
Rutherford rent to own homesPopular Zip Codes in Rutherford, NJ
07070 rent to own homesBuying a Home in Rutherford, NJ
Rutherford, NJ is seeing rapid growth and Rutherford, NJ's' housing market remains not optimal with an average home price that is 119% above the 2024 national average. Rutherford, 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 Rutherford, NJ
Median Rent in Rutherford, NJ
Top 7 Reasons to Live in Rutherford, NJ
A vibrant downtown! Downtown Rutherford offers unique shops and eateries as well as year round activities, such as the Rutherford Farmers' Market in Williams Plaza and the Rutherford Holiday Festival.
Diverse dining options! Local eateries add to Rutherford's flavor. The specialty Italian grocery and gourmet foods to-go store Matera's on Park, and GainVille, a cafe featuring language immersion programs are two local hot-spots. Volare's Restaurant, Eros Cafe and Rutherford Pancake House are other favorites.
Classic homes! Rutherford is filled with traditional and elegant homes. The borough has many of these homes available in the rent to own market. Park Avenue homes are within walking distance of the downtown. The Felician College community has spacious Victorian houses for sale on shady, tree-lined sidewalks. Apartments for rent can go from $1,100 to $3,000.
Beautiful parks! Residents can enjoy leisure activities and sports in Rutherford's many parks. Rutherford Memorial Park, Tryon Field, Tamblyn Field and Wall Field all offer athletic fields. Playgrounds can be found throughout town, including Kidspot and Katie's Corner.
Natural assets! The Rutherford Community Garden is one of the projects that the Rutherford Green Team has coordinated for borough residents. Lincoln Woods and Rutherford Waterfront Park are slated to become recreational areas, with a butterfly garden and trails at Lincoln Woods.
Close to the Meadowlands! Recreation is only a stone's throw away at the Meadowlands, with the Meadowlands Sports Complex nearby. The Meadowlands Racetrack, the IZOD Center and MetLife Stadium, where New York Giants and Jets football are part of the excitement. At these facilities, Rutherford residents also enjoy live concerts and other arena-style events.
Lovely waterfront living! Riverside Avenue in Rutherford is a neighborhood with cozy homes situated near the Passaic River. Houses can go from $250,000 to over a million for a four bedroom, four bath. There are more secluded streets tucked up from Riverside, such as Woodward Avenue, with tidy single-family houses that embrace quieter living. One of the community's many assets, The Nereid Boat Club offers opportunities for individuals of all ages to learn and practice competitive rowing.