In February 2024, New Jersey’s housing market showcased a significant growth in home prices with a 14.3% year-over-year increase, reaching a median sale price of $478,500. Despite this rise in prices, the state experienced a slight dip in the number of homes sold, decreasing by 1.9% compared to the previous year.
The inventory also saw a contraction, with the number of homes available for sale dropping by 11.5% year-over-year. This combination of rising prices and dwindling inventory suggests a highly competitive market environment, underscored by the fact that 46.8% of homes sold above their list price, indicating an increase in buyer competition.
The New Jersey housing landscape continues to evolve, with certain metros experiencing even more pronounced growth in sales prices, making it an opportune time for sellers while presenting challenges for prospective buyers navigating the competitive market conditions.
If you’re looking to sell your house quickly in New Jersey, companies that buy homes can offer a hassle-free solution. However, not all cash home-buying companies are the same. The offers they give can range from 100% of your property’s fair market value to as low as 50%.
To help you navigate this market, we’ve ranked the best 10 cash home buyers in New Jersey. We will explore each company’s services, average time to offer, time to close, potential closing costs, main benefits, reputation and reviews, and their coverage across New Jersey. Here are some of the companies we’ll delve into:
- iBuyer.com
- Opendoor.com
- We Buy NJ Real Estate
- Halo Homebuyers
- Quick Home Buyers NJ
- I Will Buy Your House For Cash
- Garden State Cash Homes
- Express Homebuyers New Jersey
- We Buy Houses New Jersey
- We Buy Ugly Houses New Jersey
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1. iBuyer.com
Offer in 24-48 hours
No Commissions or Fees
Close in 7 Days
iBuyer.com specializes in selling your home quickly and efficiently for cash. We collaborate with various buyers, including real estate investors and cash home-buying companies.
By using data and an advanced algorithm, we swiftly calculate a fair value for your home. We use it to compare local prices. After entering your address and filling out a simple form online, you can expect a no-obligation cash offer within a day or two.
Working with iBuyer.com allows you to close the sale within just 7 days. This saves you time compared to traditional home sales.
iBuyer.com helps you save on closing costs such as real estate agent commissions and home inspections. We also help you in avoiding the delays associated with the buyer’s mortgage approval process.
Main Benefits of iBuyer.com:
- Fast home sales
- No realtors’ commission or service fees
- All-cash offers
- Avoid the lengthy home inspection process
- You don’t need to perform any repairs or upgrades
- No staging costs
- Avoid the hassle of home showings
- Flexible closing dates
iBuyer.com enjoys a strong reputation with a 4.1-star rating on Trustpilot based on 47 reviews. Customers praise our professionalism, helpfulness, and responsiveness. Our agents are top-notch, offering personalized attention to every customer’s needs.
At iBuyer.com, we’re rapidly expanding our network across major cities in the USA. We offer convenient, quick home sales to sellers in various neighborhoods within Newark, New Jersey.
2. Opendoor
Flexible Closing
5% Commission Fee
1% Closing Costs
Looking to get a competitive cash offer without the hassle of showings or repairs?
Opendoor is your gateway. They prioritize flexibility, allowing you to choose your closing date. As a result, it streamlines the entire process for your convenience.
This cash buyer aims to provide swift solutions, ensuring you receive a competitive cash offer promptly. With Opendoor, you can expedite the closing process. You can finalize the sale of your house within days.
The company’s efficiency provides homeowners with clarity. As a result, it eliminates the uncertainties that traditionally plague property sales.
Opendoor also charges a 5% service fee although closing costs in New Jersey vary. It depends on location and can include expenses like title insurance, escrow fees, and HOA fees. Additionally, they deduct necessary repair costs from your payout.
Main Benefits of Opendoor:
- Competitive cash offers
- Fast payments, bypassing the complexities of listings
- No showings, repairs, or open houses
- Access video walkthroughs
- Flexibility in choosing your closing date
- Extensive industry experience to guide you through the process
Opendoor boasts a mix of reviews. Their website features verified reviews with an average of five stars. However, Trustpilot reviews tend to be lower. It averages one star due to issues relating to costs or offer amounts. On reviews.io, people discuss their good quality service and speed of transaction.
Opendoor is a nationwide company offering home-selling services in multiple major locations. In New Jersey, they are available in more than ten counties. These include Bergen, Essex, Hudson, Hunterdon, Middlesex, Monmouth, Morris, Passaic, Somerset, Sussex, Union, and Warren counties.
3. We Buy NJ Real Estate
No Realtor Fees
Simple Contracts
Close In 7 Days
We Buy NJ Real Estate is a company that specializes in buying houses in New Jersey. They purchase, renovate, and resell New Jersey real estate for a profit. One key advantage is that they do not charge any commissions since they are the actual buyers.
Each offer is often customized to the seller’s local market. This factors in the necessary repairs to align the property with local real estate market standards. They also strive to accommodate sellers’ unique situations.
The process begins with a 5-10 minute talk between you and the cash buyer. Within 24 hours, a fair cash offer is provided if both parties agree. Closing the sale can occur in as little as 7-10 business days.
Main Benefits of We Buy NJ Real Estate:
- No realtor fees
- Streamlined and straightforward contracts
- Avoid making repairs
- Avoid stressful inspections
- Swift closing – finalize the sale in 7 days or even faster
We Buy NJ Real Estate enjoys positive reviews. They have a 5.0 rating on Google based on 13 reviews and a Facebook rating of 4.9 based on 32 reviews.
We Buy NJ Real Estate covers a wide range of areas in New Jersey. These include counties such as Bergen, Essex, Union, Hudson, Passaic, Morris, Middlesex, Monmouth, Ocean, Somerset, Mercer, Burlington, Atlantic, Camden, Cape May, Cumberland, Gloucester, Hunterdon, Salem, Sussex, and Warren County.
4. Halo Homebuyers
No Repairs
No Commissions
No Showings
Since 2011, Halo Homebuyers has been a trusted choice for New Jersey homeowners looking for a fast way to sell their houses. One problem for home sellers is the property’s condition. Traditional sales often require exhaustive repairs and touch-ups, draining your time and resources.
Halo Homebuyers buy properties “As-Is.” As a result, it eliminates the need for expensive repairs to prepare your house for sale.
These cash home buyers in New Jersey offer a rapid response. You can receive a cash offer within 24 hours. This spares you from the prolonged uncertainties associated with traditional listings.
They offer flexible closing options, catering to your schedule. Whether you require a fast or slow closing, they work on your terms. Usually, they can close within approximately 10-20 days.
Main Benefits of Halo Homebuyers:
- No bank appraisals
- No township inspections
- No fire inspections
- No hired home inspections
- No mortgage contingencies
- No buyer credits given away
- No repairs required
- Easy sales process
- Close on your terms
- Purchase in as-is condition
- No commissions or fees
- No cleaning necessary
Halo Homebuyers has a strong reputation with a 5.0 rating on Google based on 63 reviews. It also shows a BBB rating of 4.75/5 stars with zero complaints.
Halo Homebuyers serves New Jersey, catering to various areas. These areas include Basking Ridge, Bernardsville, Bridgewater, Chatham, Edison, Hillsborough, Livingston, Trenton, and Union.
5. Quick Home Buyers NJ
No Fees
No Commissions
Fast Closing
Quick Home Buyers NJ provides a hassle-free solution for home sellers in New Jersey. It eliminates the stress associated with real estate commissions and inspections.
You can also avoid the complexities of a lengthy closing process. With a focus on creating win-win situations for both homeowners and investors, they offer an efficient process. This relieves you of the burden of selling your home.
These cash home buyers in NJ aim to simplify the home-selling process with a three-step approach. It helps ensure you receive a no-obligation cash offer as fast as possible. They’re committed to closing the deal in under 30 days.
Quick Home Buyers New Jersey covers all closing costs. This protects you from additional financial burdens.
Main Benefits of Quick Home Buyers NJ:
- No home inspections or appraisal
- Lightning-fast closings
- A professional and honest process
- Cash offer with no mortgage contingency
- No repairs needed
- No real estate commissions or fees
- No inconvenient buyer showings
- Deal with local home buyers
- No need to remove garbage or furniture
Quick Home Buyers NJ maintains a stellar reputation with a 5.0 rating based on 5 Google reviews. Their commitment to professionalism and efficiency shines through in the positive feedback.
These cash buyers primarily serve the New Jersey area. They offer their efficient home-buying services to local homeowners in need of quick and stress-free solutions.
6. I Will Buy Your House For Cash
As-Is Cash Offer
No Commissions
No Repairs
I Will Buy Your House For Cash is a Cranford, NJ-based real estate solutions company. They offer comprehensive real estate services to homeowners in New Jersey.
The company differentiates itself from other companies that buy houses in NJ. It provides a professional and thorough approach. They invest time and effort in performing in-depth home analysis to offer the highest price that matches your New Jersey home value.
All of their services are completely free for you, with no obligation. Once they conduct a detailed home analysis, they will provide you with an offer within 24 hours. These cash buyers in NJ offer swift closings, often in as little as 10 days.
Main Benefits of I Will Buy Your House For Cash:
- Thorough home evaluation and a discussion of options
- Cash payment, eliminating mortgage contingencies
- Quick closing (often in as little as 10 days)
- Purchase “as-is” (no need for repairs or contractor management)
- Streamlined and easy process
- No bank appraisals
- No town inspections
- No fire inspections
- No home inspections
- No contingencies
- No repairs required
I Will Buy Your House For Cash boasts an impressive reputation. They have a 5.0 Google rating based on 27 reviews. Additionally, they are a BBB Accredited Business. This further demonstrates their trustworthiness.
Operating throughout New Jersey, they have established a significant presence in the state. Their central hub is located in Cranford, making it their primary point of operations and service.
7. Garden State Cash Homes
Fair Cash Offer
You Choose The Closing Date
No Fees, No Commissions
If you are thinking I want to “sell my house for cash,” Garden State Cash Homes has got you covered. This cash home buyer in New Jersey focuses on providing fast solutions for home sellers.
Garden State Cash Homes prides itself on its versatility. While some cash home buyers may focus on specific types of homes, Garden State Cash Homes casts a wider net.
They offer to buy houses “As-Is,” regardless of the type of property. This includes single-family homes, multi-family properties, condos, townhomes, or vacant land. The company also helps homeowners with properties that have issues, saving them from the hassles of repairs.
Garden State Cash Homes provides a competitive cash offer within 24 hours of evaluating your property. The closing process can be tailored to your preference. This allows you the flexibility to choose your desired closing date.
Navigating the financial complexities of property sales can be daunting. But Garden State Cash Homes simplifies this. They charge zero fees and zero commissions.
This allows you to ensure that homeowners receive their due without any deductions. Additionally, they cover all closing costs, including repairs.
Main Benefits of Garden State Cash Homes:
- Competitive cash offer within 24 hours
- Customizable closing date
- No fees, no commissions, and no closing costs
- Purchase “as-is”
- No showings, open houses, or weekend showings
- Repairs are handled by the company
Garden State Cash Homes holds a strong reputation with a 4.8 rating based on Google reviews. With a 5-star rating on Zillow, the company is also very professional and knowledgeable.
Garden State Cash Homes serves a wide area, covering multiple counties in New Jersey. These areas include Bergen County, Burlington County, Camden County, Essex County, Gloucester County, Hudson County, Mercer County, Middlesex County, Monmouth County, Ocean County, Passaic County, Somerset County, and Union County.
8. Express Homebuyers New Jersey
No-Obligations All-Cash Offer
No Listings
No Closing Costs
Each homeowner has different circumstances in their life. Maybe you’re dealing with foreclosure or inherited a home but don’t have the time to deal. If you’ve been saying to yourself “I need to sell my house fast for cash NJ,” Express Homebuyers can help you.
These cash home buyers in NJ are reputable when it comes to buying houses from owners who need to sell fast. Not everyone can wait weeks if not months that the real estate market demands. Express Homebuyers specializes in helping homeowners sell their houses fast.
They understand that various life circumstances can make waiting for weeks or months impossible. Whether you need to sell because you’re moving, facing foreclosure, or dealing with inherited properties, they can provide a solution.
Reaching out to Express Homebuyers initiates a straightforward home sale process. Within a few minutes of your inquiry, they present a no-obligation, risk-free offer. This speed doesn’t compromise the fairness or transparency of the deal.
Additionally, their flexibility is a huge asset. As a homeowner, you can choose your settlement date. This adaptability ensures you have control over when you receive your cash.
Main Benefits of Express Homebuyers New Jersey:
- All-cash offer with no obligations
- No need for listing, home staging, or showings
- Sellers can avoid costly repair work and closing costs
- The flexibility to close on your timeline
Express Homebuyers is a trusted house-buying company nationwide. They’ve earned a 4.79/5 BBB rating. Over 4,000 homeowners have entrusted them to buy their homes.
Express Homebuyers has an expansive reach within New Jersey, catering to a variety of regions. Notably, they operate in key locations like Atlantic City, Edison, Newark, Paterson, and Jersey City, ensuring a broad spectrum of coverage within the state.
9. We Buy Houses New Jersey
No Repairs Needed
No-Obligation Cash-Offer
Buys Your House Quickly
We Buy Houses New Jersey offers a streamlined and hassle-free solution for home sellers. When you choose them, you can start by providing basic details about your property. No need to worry about extensive paperwork or complex descriptions.
Instead of relying solely on photos or descriptions, We Buy Houses NJ focuses on a personal touch. They schedule an on-site viewing of your property. It allows them to get a more accurate rate of your home’s value.
One of the most compelling features of their service is speed. Within 24 to 48 hours post the property assessment, you will receive a no-obligation cash offer. You can also sell your home with no need for repairs.
If you accept the offer, they ensure a swift closing process. It is usually within 7 to 14 days. This cash home buyer company also offers financial relief.
Traditional home sales often involve hefty realtor commissions and unexpected fees. With We Buy Houses New Jersey, such costs are a non-issue. No real estate agent fees or commissions are required.
Main Benefits of We Buy Houses New Jersey:
- Quick cash offers in as little as 24-48 hours
- No need for costly repairs or agent commissions
- Efficient and hassle-free closing process
- Skip any repairs
We Buy Houses has earned an A rating from the Better Business Bureau. It has an average of 2.6/5 stars based on 5 customer reviews.
They have a wide coverage area in New Jersey. The company services locations including Asbury Park, Atlantic City, Hoboken, Paterson, Toms River, and many more.
10. We Buy Ugly Houses New Jersey
Covers Most Of The Closing Costs
Pays In As Few As 30 Days
Buys Houses As-Is
If you’re looking to “sell my house for cash South Jersey,” We Buy Ugly Houses has got your back. Independent real estate investors own and run each franchise office. However, they receive training and support from the parent company, HomeVestors.
The franchise specializes in buying homes with various issues, such as structural problems. As a seller, you can expect to receive an offer ranging from 50% to 70% of the Fair Market Value of your property.
Their offers are often adaptable. While offer terms are flexible, they can be subject to change based on the local franchisee office. This is why you need to engage in open communication to ensure all parties are on the same page.
When you work with We Buy Ugly Houses, count on their unmatched promptness. You can get a cash offer within 24 to 48 business hours. After accepting their cash offer, they can close the deal in just seven days.
Main Benefits of We Buy Ugly Houses:
- Guaranteed offer to eliminate uncertainty
- Flexibility in choosing the closing date
- Fast sale process without the need for showings or open houses
- Limited fees and costs
- No repairs
We Buy Ugly Houses.com has a 3.1 out of 5-star rating based on 25 Google reviews. Many customer reviews praise their professionalism and customer support with a 96.1% customer satisfaction rate on Facebook. However, some complaints highlight below-market-value cash offers.
We Buy Ugly Houses has a nationwide presence and operates in various areas across the United States, including New Jersey. This allows them to serve homeowners looking to sell their properties quickly.
Find a Reputable Cash Home Buyer in New Jersey
Selling a home can be a complex and time-consuming process. It’s often riddled with countless negotiations, home inspections, and a lot of paperwork. However, working with a cash home buyer in New Jersey can offer a simplified solution.
But before choosing cash home buyers in New Jersey, conduct thorough research. Look for companies with positive reviews and testimonials.
iBuyer.com boasts a plethora of satisfied clients that can vouch for our efficient process. With a proven track record of transparency and speed, we understand the unique needs of NJ homeowners. Get in touch with us to work with a reputable cash home buyer in New Jersey.
When to Sell to Cash Home Buyers in New Jersey
Selling your home for cash can be a strategic decision for many homeowners. Here are some of the scenarios where selling to cash home buyers in New Jersey can be a smart move:
Facing Foreclosure
Are you on the brink of foreclosure?
Facing foreclosure can be a distressing experience for any homeowner. If you find yourself dealing with foreclosure and need to sell your home quickly, a cash sale may be your lifeline.
Absentee Owner of an Unoccupied Property
If you own a rental property that’s unoccupied and in poor condition, consider selling it for cash. This can save you from the headache of costly repairs and renovations.
Inherited Property
A lot of people inherit properties they don’t want to manage or invest in. It may be due to the hassle or the financial burden. Selling to cash home buyers in New Jersey provides a clean break from such responsibilities.
Desire for Privacy
Even if your home isn’t, you may prefer the privacy and convenience of a direct sale. We buy houses NJ offers this. You can sell your house without the need for showings and open houses.
How to Sell Your Home to Cash Buyers in New Jersey
Selling your home in New Jersey can be a daunting task. But it doesn’t have to be if you work with cash buyers. Here is the process of selling your house to cash buyers.
Step 1: Find Reputable Cash Home Buyers
Start by searching for “sell my house for cash New Jersey.” Read reviews, check websites, and look for testimonials from previous clients. Also, seek recommendations from friends or family.
Ensure that the cash buyer you choose is a registered business. They should also have a physical address in New Jersey.
Step 2: Contact Cash Home Buyers
Once you’ve identified potential cash buyers, reach out to them to discuss your property. Be ready to share information about your home, including its location, size, and condition.
Reputable cash buyers will often want to visit your property to assess its condition and value. This will help determine the cash offer.
Step 3: Receive Cash Offers
After property evaluation, the cash home buyers will present you with cash offers. Ensure you get offers from multiple cash buyers to ensure you’re getting the best deal.
Step 4: Review and Compare Offers
Review each offer carefully. Consider the following factors:
- Cash offer amount
- Terms and conditions
- Timeline
When discussing these offers, don’t hesitate to mention that you want to “sell my house for cash in New Jersey.” It will help emphasize your intention to move forward quickly with a cash sale.
Step 5: Accept the Best Offer
Once you’ve reviewed and compared the offers, choose the one that best suits your needs. You can also negotiate with the buyer to reach a mutually agreeable price.
Carefully review the terms and conditions of the offer. You can consult with a real estate lawyer to ensure you understand the implications involved in selling to cash home buyers.
Additionally, look for hidden fees or costs. Evaluate the terms for any hidden fees or costs that you may be responsible for. These may include closing costs, transaction fees, or other expenses for sale.
Step 6: The Closing Process
With a cash offer accepted, you’ll move on to the closing process. Be prepared to provide the necessary documents. This includes the deed and any relevant financial records. Upon satisfying all conditions and requirements, you’ll finalize the sale.
Benefits of Cash Home Buyers in New Jersey
There are so many reasons why NJ homeowners choose to sell their property to cash home buyers. Get to know about the main benefits below.
Fast Closing
When you’re ready to sell your home, you don’t want to wait for months on end. Cash home buyers in New Jersey understand the value of time.
Unlike traditional methods, selling to a New Jersey cash buyer is more convenient. They speed up the process, allowing you to close within a matter of weeks or even days. This can be helpful if you want to sell fast due to personal or financial reasons.
No Repairs Needed
Selling a home traditionally often requires costly renovations to improve curb appeal. However, it’s different for cash buyers in New Jersey. They sell your home as-is.
This means you can sell your home without any renovations. As a result, you can avoid the time and expense of making upgrades to your house before a sale. New Jersey cash buyers prefer purchasing homes in any condition-whether they need minor or major cosmetic fixes.
No Fees or Commissions
Real estate transactions are notorious for their fees and commissions. This tends to eat into your profits. But with cash buyers in NJ, most of these costs are covered by them. You won’t have to worry about additional expenses, making the sale more profitable.
No Showings or Open Houses
Preparing your home for showings and open houses can be time-consuming. It is also stressful. With cash sales, you can skip this entire step.
No need to stage your home and prepare for numerous visitors. Selling your home for cash is a straightforward process that respects your time and privacy.
No Obligation Until You Commit
Cash home buyers in New Jersey understand that you want to explore your options. After you receive a no-obligation offer, you have the freedom to compare it to other offers. This ensures that you’re making the right choice for your situation.
No Contingencies
Financial and appraisal contingencies are often a source of negotiation hurdles. They can make negotiations long and difficult.
Luckily, cash buyers in New Jersey can waive contingencies. With a cash sale, you can avoid this hassle.
Interested in your home’s current market value? Receive a free online home value estimate!
FAQs About Selling a Home to a Cash Buyer in New Jersey
Still not sure about selling your home to cash buyers in New Jersey? Below are some frequently asked questions answered to help you make a decision.
Offer prices from cash home buyers in New Jersey vary. This depends on the property’s condition and market. Usually, offers are competitive but may be slightly below market value.
This is because cash home buyers purchase a home as-is. Ensure you get multiple offers to determine the best deal for your property.
Selling to a cash home buyer in New Jersey is quick. It can often take as few as 3 to 10 days. The exact timeline can vary based on the complexity of the transaction. This speedy process is one of the key benefits of selling for cash.
The process involves minimal fees and costs for the seller and cash buyers often cover the majority of expenses, including closing costs and commissions. This results in a straightforward transaction with limited out-of-pocket expenses. As a result, you can make the most of the sale.
Yes, you can sell a home to a cash buyer in New Jersey even if it needs repairs or renovations. Cash buyers often buy homes in as-is condition. This can save you from the financial and logistical burdens of making necessary home improvements.
Yes, selling to a cash home buyer may have tax implications. It is important to consult with a tax professional and real estate attorney. They can review the transaction to ensure it’s legal.
