Rent to own Homes in Hammonton, NJ
Hammonton is home to about 15,000 residents in Atlantic County, New Jersey. Settled in 1812, the town was officially incorporated in 1866. A quick look around the town reveals the lush green parks, aged oaks and decorative lamps lining the streets. This place has a great small-town vibe, but is by no means a sleepy little town! All year long, events and festivities fill the locals' calendars.
Hammonton, NJ is a great place for affordable rent-to-own homes! With a median household income of over $72,184 and a median rent of $1,247, the Hammonton, 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 Hammonton, 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 Hammonton, NJ Property Resources
Rent to own Homes in Cities Near Hammonton, 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 Hammonton, NJ
No neighborhoods foundPopular Zip Codes in Hammonton, NJ
08037 rent to own homesBuying a Home in Hammonton, NJ
Hammonton, NJ is seeing rapid growth and Hammonton, NJ's' housing market remains not optimal with an average home price that is 12% above the 2024 national average. Hammonton, NJ is part of Atlantic 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 Atlantic is 1.72% which is above the national average, which is 0.99%.
Median Home Price in Hammonton, NJ
Median Rent in Hammonton, NJ
Top 6 Reasons to Live in Hammonton, New Jersey
The Blueberry Capital of the World! The annual Red, White and Blueberry Festival is responsible both for celebrating the bounty of local blueberries and letting the rest of the world in on the festivities. Drop by the Hammonton Chamber of Commerce to learn more about specific events during the festival.
High home values! Houses in Hammonton are well-maintained and retain their excellent value. Take a look at one of the exquisite homes next to the Hammonton Lake State Park, or you can find an attractive price east of Belleview Road and South Egg Harbor. The properties in all parts of town are rising in value each year. Between 2012 and 2013, values rose over 7 percent.
It's a festival town! Hammonton also hosts the annual Our Lady of Mount Carmel Festival and the Hammonton Wine Festival. The Carmel Festival is an Italian celebration that has taken place since 1875; the Wine Festival celebrates local producers in and around Hammonton.
Affordable rentals! Despite the high home values here, there are plenty of rental properties with a very fair monthly price tag. From the one-bed, one-bath apartments on Anderson Drive to the two-bedroom townhouses on Yorkton Boulevard, you'll find some great choices of rentals. If you're unsure about renting but aren't ready to take on a mortgage, talk to local homeowners about rent to own housing.
A vibrant downtown! From Central Avenue to Washington Street, Hammonton's downtown is a functional and fun place to be. Shops, offices, parks, banks and the Eagle Theatre can all be found in central Hammonton, and many participate in themed Third Thursday Events.
Fun local businesses! Ricca's Italian Bakery set the Guinness World Record for longest line of cakes. The Eagle Theatre sells wine to its patrons during shows. For even more fun, there are also Halloween and Memorial Day Parades.