Located in Union County, New Jersey, Berkeley Heights is a charming suburban town that offers a unique blend of peaceful residential neighborhoods and convenient access to urban amenities. As of the most recent data, the foreclosure rate in Berkeley Heights is lower than the national average, presenting a potential opportunity for real estate investors looking for distressed properties in a stable market.
Despite being a sought-after community with top-rated schools and a strong sense of community, Berkeley Heights has seen a slight increase in distressed properties in recent years. This trend could be attributed to various economic factors, offering potential investors a chance to acquire properties below market value. With its proximity to major highways, excellent public transportation, and a growing job market in neighboring cities, Berkeley Heights stands out as a promising location for those interested in real estate investment.
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