Rent to own Homes in Glassboro, NJ
Originally called "Glass Works in the Woods," Glassboro was established in 1779 by Solomon Stanger. The resident glass factory changed names and ownership many times. By the 1840s, the community was one of the largest in Gloucester County and had its own blacksmith, shoemaker, mason and carpenter. Now home to over 18,000 citizens, Glassboro offers modern amenities and reasonable prices to entice new residents to its borders.
Glassboro, NJ is a great place for affordable rent-to-own homes! With a median household income of over $72,103 and a median rent of $1,374, the Glassboro, 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 Glassboro, 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 Glassboro, NJ Property Resources
Rent to own Homes in Cities Near Glassboro, NJ
- Audubon
- Bensalem
- Blackwood
- Burlington
- Chesilhurst
- Clarksboro
- Clayton
- Clementon
- Dorothy
- East Vineland
- Elmer
- Elwood
- Estell Manor
- Folsom
- Germania
- Glassboro
- Grenloch
- Hainesport
- Laurel Springs
- Lawnside
- Leisuretowne
- Lindenwold
- Mantua
- Mc Kee City
- Medford Lakes
- Mickleton
- Milmay
- Mizpah
- Monroeville
- Moorestown-Lenola
- Mount Holly
- Mount Laurel
- Mount Royal
- Mullica Hill
- Newfield
- Newtonville
- Olivet
- Paulsboro
- Pemberton
- Pennsauken
- Pine Valley
- Pitman
- Richland
- Richwood
- Rosenhayn
- Sewell
- Turnersville
- Vineland
- Williamstown
- Woodbury Heights
Neighborhoods in Glassboro, NJ
Glassboro rent to own homesPopular Zip Codes in Glassboro, NJ
No zip codes foundBuying a Home in Glassboro, NJ
Glassboro, NJ is seeing rapid growth and Glassboro, NJ's' housing market remains optimal with an average home price that is -3% below the 2024 national average. Glassboro, NJ is part of Gloucester 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 Gloucester is 2.27% which is above the national average, which is 0.99%.
Median Home Price in Glassboro, NJ
Median Rent in Glassboro, NJ
Top 6 Reasons to Live in Glassboro, New Jersey
House prices are reasonable! Home prices in Glassboro are less than the national average at just $159,000. Over 29 percent of residents here live in rental homes, while over 62 percent own their homes. For the most affordable home prices, look in the Borough Center neighborhood, where you'll find the Glassboro Sports Complex and the Glassboro Thrift Village.
Home appreciation! While Glassboro property values have risen only two percent over the last 12 months, the last ten years have told the whole story, with home prices appreciating 19.5 percent. When you're searching for your next rent to own home, try the Rowan University neighborhood, where vacancies are at a whopping 17.5 percent. The neighborhood is also home to the Brookside Swimming Club.
Enjoy historic sites! The city of Glassboro is proud of its past, and you can get a glimpse of yesteryear by joining the annual Glassboro Historic Walking Tour, where you'll visit such notable sites as the Heritage Glass Museum and the Historic West Jersey Train Depot.
Recreation opportunities! For your daily dose of culture, visit the South Jersey Museum of History or Rowan University Art Gallery. If you'd rather take a walk in the park or enjoy a game of soccer, head to South Delsea Drive Park.
Go out to eat! There are 59 restaurants in Glassboro, prepared to satisfy even the most finicky diner. Favorites such as PB's Food and Drink or Kegler's Bar: Tap In will keep you coming back for more local fare, or you can enjoy national chains such as Dunkin' Donuts or Papa John's.
Make use of public transportation! A car comes in handy when traveling in Glassboro, but it's not the only option for getting around. Many residents choose to take the bus when headed to Philadelphia or Gloucester City. The bus will pick you up at the intersection of Bowe Boulevard and Carpenter Street, or in front of Bunce Hall on the Rowan University Campus. If you do rely on your car to get you to and from work, your commute will be fairly short -- averaging between 15 and 30 minutes.