For Sale by Owner - NJ

New Jersey is the one of the most densely populated states in the country. Homes for sale by owner in NJ are plentiful and a good way to save money buying and selling real estate.

For Sale by Owner - NJ

New Jersey is the fourth smallest state in the country. It is named after the Island of Jersey off the coast of England. It is officially known as the Garden State and is considered a mid-Atlantic state. In an odd nuance, parts of the state are included in the metropolitan borders of greater New York City and Philadelphia, one of the reason the state is so densely populated.

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New Jersey is the tenth most populated state, but most densely, with just under nine million residents. The ethnic breakdown is 66 percent white, 13 percent African-American and 13 percent Hispanic. New Jersey has the highest median household income level in the nation. Excluding New York City and Philadelphia, the largest cities are Newark and Jersey City with roughly 250,000 residents in each. Put in practical terms, New Jersey is primarily a state where people live outside of cities.

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Homes for sale by owner in NJ are readily available. The average single family home can run as low as $200,000 to well over a million dollars. It just depends on the location. With hefty prices, however, the for sale by owner market is strong since buyers and sellers can save tens of thousands of dollars in commissions.

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