Archive for March, 2008
Lunch at Samurai Sushi in Millburn, NJ
March 27th, 2008 Categories: Livingston Living, Maplewood Living, Millburn & Short Hills Living, NJ Dining Out
I’m not a big out-to-lunch kind of gal, however, I will always go out for Sushi.
The best deal in town is Samurai Sushi: in downtown Millburn, Maplewood Village and in Livingston, New Jersey. With three locations, you can always satisfy your craving as you drive around the area.
For only $8.95, their lunch special is fantastic: Miso Soup, Green Salad with a terrific sesame dressing and a choice of two roll…I am partial to salmon & avocado and yellowtail with scallion…both inside-out with brown rice.
My favorite, tho’ is the Samurai Salad: with tuna, salmon, whitefish, green seaweed, fish roe, white radish, cucumber, crabmeat with the chef’s Spicy sauce ($10.95)
My kids love to get the Beef Teriyaki Bento Box that comes with a California Roll, Shrimp Shumai, Green Salad, Miso Soup and (Brown) Rice ($9.95).
Their menu is extensive and you can’t go wrong with any choice. Be sure to checkout their “special rolls” on the board behind the sushi chefs…they are always creative with a unique Samurai Sushi Twist.
Samurai Sushi
*Downtown Millburn: 333 Millburn Avenue, Millburn, NJ 973.921.2848/2849
*Maplewood Village: 166 Maplewood Avenue, Maplewood, NJ 973.378.8336/8337
*Livingston: 517 South Livingston Ave (near Northfield), Livingston, NJ 973.994.3233/3299
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February 2008 Union County Home Sales
March 19th, 2008 Categories: Buying a Home in NJ, Recent New Jersey Home Sales, Summit Living
Summit and Springfield February single family home sales can be found below. They are both within Union County, New Jersey.
Statistical data was provided by the Garden State MLS.
You will find Summit just a short twenty minutes from NYC along the Midtown Direct Train line. Springfield provides a Jitney to the Short Hills Train Station…just down the street.
If your town is not listed and you would like to receive
a FREE report for your particular area,
please contact [email protected]
and we will be happy to provide that report to you.
Town               # Sales         Avg Sales Price
Springfield                 2                  $  533,500
Summit                     9                 $  779,083
Looking to purchase a home in Summit or Springfield NJ?
Contact Perri K. Feldman @ 973.650.4727
Search Here for ALL homes currently For Sale
in Union County, New Jersey
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Why Now is a Smart Time to Buy a Home
March 19th, 2008 Categories: Buying a Home in NJ
John L. Scott Real Estate separates fact from fiction in the Pacific Northwest real estate market in this RISMedia article that helps home buyers assess the current market objectively:
FACT: The housing market is undergoing a natural cyclical correction.
FACT: Low mortgage rates give buyers more house for their dollar.
FACT: Heavy speculation and overbuilding result in an increase in foreclosures when prices go down.
FACT: Subprime borrowers get a reality check.
FACT: Over the long-term, real estate has always appreciated in value.
Many of these same facts have affected us here in New Jersey and smart buying today will help you realize a sound investment tomorrow.
If you need help in assessing the real estate market
along New Jersey’s Midtown Direct Train line and
want to purchase a home within twenty minutes of NYC,
please contact Perri K. Feldman at 973.650.4727.
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Morris County NJ February 2008 Home Sales
March 19th, 2008 Categories: Buying a Home in NJ, Recent New Jersey Home Sales, Selling A Home in NJ
Below you will find the statistical data provided by the Garden State MLS for February closed sales of single family homes from 2/1/08 to 2/29/08 in Morris County, NJ.
If your town is not listed and you would like to receive
a FREE report for your particular area,
please contact [email protected]
and we will be happy to provide that report to you.
Town               # Sales         Avg Sales Price
Chatham Boro          6                 $  562,583
Chatham Twp          9                 $1,299,567
Florham Park           2                 $  611,500
Madison                   2                  $  547,500
Morristown              7                 $  384,889
Looking to purchase a home?
Contact Perri K. Feldman @ 973.650.4727
Search Here for ALL homes currently For Sale
in Morris County, New Jersey
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Top 5 Ways to Sell Your NJ Home FAST!
March 19th, 2008 Categories: Selling A Home in NJ
Luis and his team at DLO Painting & Contracting are my Supermen. They have helped sellers get their homes sold FAST and buyers fix up their new digs.
Given the current market, here are Luis’ top five suggestions to getting your New Jersey home sold FAST.
1-NO Clutter: Make your living space more open and welcoming by storing or getting rid of extra furniture and personal Nick-knacks…Less is MORE.
2-Let the SUNSHINE in!!!:  It’s spring…open your drapes and curtains. This will brighten up your home and allow buyers to see all of the wonderful detailing your home has to offer. Remember to Clean Your Windows (inside and out.)
3-NO stains:  Fix previous water damage, old paint, or scuff marks on walls or ceilings. Simple fixable stains should be on everyone’s to-do list.
4-We are in 2008!!!:  Get rid of outdated wallpaper and/or color. Update with neutral colors throughout your home. Give the cabinetry in your kitchen a face-lift with fresh paint. This is a simple and inexpensive fix without buying all new kitchen cabinetry.
5-Simple and Elegant:Â Â Crown and floor molding will give your home elegance and simplicity and, of course, more value.
For more info:
DLO Painting & Contracting LLC
Luis C. de Leon
201.704.8082
http://www.dlopainting.com/
[email protected]
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Essex County NJ February 2008 Home Sales
March 17th, 2008 Categories: Buying a Home in NJ, Recent New Jersey Home Sales, Selling A Home in NJ
Below you will find the statistical data provided by the Garden State MLS in regards to closed sales for the month of February  from 2/1/08 to 2/29/08, based on single family home status in Essex County, New Jersey
See if your town stood out from the rest.
If your town is not listed and you would like to receive
a FREE report for your particular area,
please contact [email protected]
and we will be happy to provide that report to you.
Town               # Sales         Avg Sales Price
Livingston               18              $  643,439                                      Â
Maplewood                6              $  413,167
Millburn                     9              $1,536,550
Montclair                 21             $  787,238
South Orange           6             $  671,667
West Orange           17            $   420,244
Looking to purchase a home in Essex County, New Jersey?
Contact Perri K. Feldman @ 973.650.4727
Search Here for ALL homes currently For Sale in Essex County
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214 Kensington Lane, Livingston NJ
March 12th, 2008 Categories: Buying a Home in NJ, Livingston Living, NJ Open Houses
Welcome Home
To Country Club Living
In Desirable Livingston, New Jersey
Minutes to Manhattan and within easy reach of train and bus service.
Home to an exciting collection of outstanding restaurants, stunning parks and eclectic entertainment venues, and just minutes from world-class shopping at The Mall at Short Hills, The Regency Club reflects sophisticated living at its best.
OPEN HOUSE
SUNDAY, MARCH 16TH
1-4pm
This 3 Bedroom, 2.5 Bath Excelsior Townhouse was just painted in a beautiful neutral color and has brand new carpets.
Plus it has been attractively priced…
So bring your toothbrush and your checkbook…
And a mortgage pre-approval letter…
You can move in this week!!!
I look forward to meeting you this Sunday!!!
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Avoiding Foreclosure in New Jersey
March 10th, 2008 Categories: NJ Mortgage Update, Selling A Home in NJ
Steve Lupton of MetroCities Mortgage just passed on some excellent words of wisdom if forclosure is around the corner for your New Jersey Home.Â
Here is some advice for Homeowners & New Jersey Real Estate Agents:
Few things are as devastating as losing your home. Sadly, it’s not always inevitable. In many cases the foreclosure could have been avoided with some outside help.
You are in a unique position to advise your clients in financial matters. If you know that a client is on the path toward foreclosure, take the time to show them how it can be avoided. First, remind them of some of the hidden difficulties that will arise if foreclosure occurs.
1. Finding a new home. Don’t let your clients believe that it will be better to let the foreclosure happen, because after they lose their home, they will still need to find a new place to live. All too often, the price they will need to pay in rent will be almost as high if not higher than their current mortgage payment.
Remember: The owner of the property needs to make his mortgage payment, too, so he’s going to charge a rental payment that’s higher than his mortgage costs.
2. Deficiency judgment. It’s not uncommon that the sale of the home is insufficient to cover the remainder of the mortgage. When the property has been damaged, or market values have dropped, the owner may end up with a bill in the tens of thousands for the difference.
Despite what many people think, most lending institutions are not anxious to foreclose. It’s a last-ditch effort to recover their money and minimize their losses, and it’s an incredible hassle. Most lenders would rather avoid it, if possible. There are multiple sources for help that your client should be aware of, and most lenders will be happy to hear that their clients are going to try to keep their home rather than just await a foreclosure. Read the rest of this entry »
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Will NJ Home Buyers Benefit From New Loan Limits?
March 8th, 2008 Categories: Buying a Home in NJ, NJ First Time Home Buyers, NJ Mortgage Update
New Jersey Home Buyers should benefit from the new FHA and Fannie Mae-Freddie Mac conforming loan limits released by the US Department of Housing & Urban Development on March 6, 2008.Â
The new loan limits for FHA and Fannie Mae-Freddie Mac are now calculated at 125% of the HUD published median prices, with a floor of $271,050 and $417,000, respectively, not to exceed $729,750.
Use this link to find out the new limits in your area. This will take you to the “mortgage limits” page at the HUD website.Â
- On that page, enter your state and county information.
- Chose the type of loan from the “Limit Type” drop-down box: FHA Forward (HUD’s name for the temporary FHA loan limit), Fannie/Freddie or HECM.
- Then click the “send” button at the bottom of the page.
- On the results page, you’ll see the new loan limit for the type of loan you selected for your area.
Realtor.org also provides a county-by-county listing of the new loan limits here.
The impact of these loan limit increases on the New Jersey housing market could be significant. Lower interest rates across the board should result with this infusion of capital into the mortgage market. In addition, there will be a direct impact on high-cost areas of New Jersey (ie. Short Hills, Summit, Livingston) that previously required borrowers to take out costlier jumbo mortgages.
NOW is the time to Refinance or BUY A NEW HOME
in New Jersey.Â
If you need any New Jersey Real Estate advice please contact
Perri K. Feldman at 973.650.4727
or email [email protected]
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