Rent to own Homes in Fair Lawn, NJ
Originally an agricultural area settled by Dutch farmers, Fair Lawn was incorporated as a borough in 1924 and takes its name from a nearby villa. Now home to more than 32,000, the town was developed specifically as a suburban community from which residents could commute by car or train into New York City. Fair Lawn is rated one of the top ten places to live in New Jersey.
Fair Lawn, NJ is a great place for affordable rent-to-own homes! With a median household income of over $129,965 and a median rent of $1,826, the Fair Lawn, 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 Fair Lawn, 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 Fair Lawn, NJ Property Resources
Rent to own Homes in Cities Near Fair Lawn, 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 Fair Lawn, NJ
Fair Lawn rent to own homesPopular Zip Codes in Fair Lawn, NJ
07410 rent to own homesBuying a Home in Fair Lawn, NJ
Fair Lawn, NJ is seeing rapid growth and Fair Lawn, NJ's' housing market remains not optimal with an average home price that is 102% above the 2024 national average. Fair Lawn, 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 Fair Lawn, NJ
Median Rent in Fair Lawn, NJ
Top 5 Reasons to Live in Fair Lawn, NJ
Affordable rentals! The average monthly rent in Fair Lawn is $2,000 per month, which is significantly lower than the New York metro average of $2,395. High-rise apartments at Fair Lawn Promenade offer gated access and full concierge services, while the neighborhood Fair Lawn Park Estates offers units in grassy surroundings.
Excellent local eateries! Fair Lawn's diversity is celebrated in its local restaurants. You can find hearty Italian classics at Que Pasta, try the famous (and enormous!) Cuban sandwich at Latin Soul Cuban Cafe, or call ahead for take-out at China Taste. For traditional American fare, the Saddle Brook Diner offers the best breakfasts around.
Fun activities! After enjoying a blue plate special at the diner, continue your classic New Jersey evening by bowling with friends at the Brunswick Fairlawn Lanes. For a more upscale outing, head to BRC Day Spa and Sauna Resort. This full-service spa has it all: a sauna, pool, floating pods, and restaurant with juice bar. Try a massage package for the ultimate in relaxation.
Rising home values! The average home value in Fair Lawn is $360,300, up four percent over last year. Values are expected to rise an additional percentage point in the coming year, so now is a great time to invest in property in Fair Lawn. Commuters looking for easy access to New York City will love the Radburn development, which has its own train station. More affordable duplexes and single-family homes are available as rent to own properties in the Memorial Park community.
Historic sights! Fair Lawn is home to several buildings listed on the National Register of Historic Places. The Peter Garretson House is one of the oldest buildings in Bergen County, and is part of a farm museum operated by Garretson Forge and Farm Restoration. Of archaeological interest is the Passaic River Fishing Weir, a well-preserved site used by the Lenape tribe to harvest fish from the river before the Dutch arrived in the area.