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Edison Foreclosure Listings

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NOTICE TO OUR VISITORS
We would like to notify you that the availability of properties listed on our site is not always guaranteed, as the quantity of foreclosure properties in our database fluctuates due to varying market conditions. We, nevertheless, encourage you to peruse other property categories available on our website, which include pre-foreclosures. These options provide excellent avenues for real estate investment.
We appreciate your understanding and welcome you to reach out to us for any additional inquiries or concerns.
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Foreclosure Listings in Edison

Edison is a 32-square-mile township. It has more than 100,000 residents and is the home of Thomas Alva Edison’s famed Menlo Park laboratory. It is where the light bulb was created and sound was first recorded.

Edison has high-achieving public schools and a vibrant business environment, and is in a central location. It has a diverse community, making it a great place in which to live, work and raise a family.

It is also home to Edison State College, which has three campuses: the Lee County Campus, the Collier County Campus, and the Charlotte County Campus. The Barbara B. Mann Performing Arts Hall is found on the Lee County Campus. The Collier County Campus was opened in March 1992, and is located on an 80-acre site in east Naples. The Charlotte County Campus was opened in 1997, and is located on a wooded site in Punta Gorda.

The number of available foreclosure listings in Edison in July 2010 was 1,483. Resale homes made up the majority of the homes for sale, accounting for about 67% of the real estate market in Edison, NJ. There were 999 new homes for sale, and foreclosures totaled 483 houses.

This indicates that purchasing bank foreclosures in Edison is very viable. With the high rate of bank foreclosures in Edison, it would be advisable to cast a watchful eye over the foreclosure listings in Edison.

The appreciation of prices of homes provides three indicators of the home value trends. The appreciation rate indicates whether the market has increased or decreased in value. The median value is the typical worth of a home in Edison while the average monthly rent can be utilized to compare with the monthly investment. The average value for a house in Edison in July, 2010 was $342,148. In June 2010, the estimated average value was $275,679, up 0.08% from May 2010.

The average sales price in Edison was $273,900 in June 2010, up 0.05% from May 2010.

The number of homes and the average time homes are on the market in Edison can indicate how long homeowners wait to sell their homes. On average, it took 119 days for a home to be sold in Edison.