Rent to own Homes in Ship Bottom, NJ
Ship Bottom, NJ is a great place for affordable rent-to-own homes! With a median household income of over $81,250 and a median rent of $1,196, the Ship Bottom, 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 Ship Bottom, 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 Ship Bottom, NJ
- Allenwood
- Barnegat
- Barnegat Light
- Bay Head
- Bayville
- Beach Haven
- Beach Haven West
- Beachwood
- Brielle
- Cedar Glen Lakes
- Cedar Glen West
- Crestwood Village
- Dover Beaches North
- Dover Beaches South
- Forked River
- Harvey Cedars
- Holiday City South
- Holiday Heights
- Howell
- Jackson
- Lakehurst
- Lanoka Harbor
- Lavallette
- Leisure Knoll
- Leisure Village
- Leisure Village West
- Manahawkin
- Manasquan
- Manchester Township
- Mystic Island
- New Gretna
- North Beach Haven
- Ocean Acres
- Ocean Gate
- Pine Beach
- Pine Lake Park
- Pine Ridge at Crestwood
- Point Pleasant
- Point Pleasant Beach
- Port Republic
- Ramtown
- Seaside Heights
- Seaside Park
- Ship Bottom
- Silver Ridge
- Surf City
- Toms River
- Tuckerton
- Waretown
- West Creek
Neighborhoods in Ship Bottom, NJ
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Ship Bottom, NJ is seeing rapid growth and Ship Bottom, NJ's' housing market remains not optimal with an average home price that is 228% above the 2024 national average. Ship Bottom, NJ is part of Ocean 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 Ocean is 1.47% which is above the national average, which is 0.99%.