Archive for February, 2010
Millburn Schools: SNOW DAY!!!!
February 9th, 2010 Categories: Just Because..., Millburn & Short Hills Living
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Summit Real Estate 2009 Year in Review
February 8th, 2010 Categories: Buying a Home in NJ, Selling A Home in NJ, Summit Living
Summit NJ - Real Estate Trends - 2009 Year in Review
It was quite a year in real estate for Summit, NJ.
Not surprisingly, the higher end homes took longer to sell
while the most movement in home sales was
found at the lower (well for Summit anyway) priced homes.
Based on the records from the Garden State MLS,
the average selling price in 2009 was $930,999
(just 4% off 2008 prices.)
Buyers should be happy tho’,
as sales prices were at 98% of final listing price…
sellers and their agents are now much more in tuned
with right pricing here in Summit.
Homes Currently for Sale in Summit, NJ
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February 2010 This Month in Real Estate
February 8th, 2010 Categories: Buying a Home in NJ, NJ First Time Home Buyers, Real Estate News
Who is buying real estate along the Midtown Direct Communities?
First time home buyers have until April 30th
to be Under Contract and then must close by June 30th.
Are you ready?
Want to learn more about the towns along
the Midtown Direct Train line into NYC?
Contact Perri K. Feldman
973.650.4727
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Livingston Real Estate 2009 Year in Review
February 8th, 2010 Categories: Buying a Home in NJ, Commuting to NYC, Livingston Living, Recent New Jersey Home Sales
2009 Year in Review - Real Estate Trends for Livingston NJ
I am always asked: “What is so special about Livingston, NJ?”
Plenty, first my husband grew up there and graduated from Livingston High School.
His family still lives there as do many of my cousins.
So, OK I may be partial!
There are homes for sale at every price point…
whether you want:
single family homes, town homes, upscale senior communities
or in-town living.
Livingston is ranked in the Top 20 NJ High Schools.
Commuting to New York is EASY on the Express Bus from
The Livingston Mall (40 minutes)
or a short hop to Harrison and the PATH.
Some of my favorite restaurants are there
(Stretch’s, Livingston Bagel and Samurai Sushi)
If you are into Sports Memorabilia go to
Bob Beck’s Collectibles and tell him I sent you 
So how were 2009 home sales in Livingston, NJ?
Not bad, average sale priced dropped just a bit (6%)
from $637,002 in 2008 to $596,049 in 2009.
Surprisingly, 9 more homes sold last year (287)
It took longer to do so (72 vs 66 days).
As I watch the current flurry of early 2010 activity…
Now is the time to buy!
Current homes on the market in Livingston, NJ 07039
Livingston, NJ at a Glance
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Millburn Real Estate 2009 Year in Review
February 8th, 2010 Categories: Buying a Home in NJ, Commuting to NYC, Millburn & Short Hills Living, Recent New Jersey Home Sales
Millburn Real Estate Trends - 2009 Year in Review
With the 2009 real estate slump, less homes were sold in Millburn/Short Hills
than the previous year (223 vs. 260).
However, Millburn/Short Hills benefits from having the # 1 High School in New Jersey
In addition, the town boasts strong cultural events with the
Papermill Playhouse and Metropolitan Orchestra
and of course premium shopping downtown and at The Short Hills Mall.
That said, the average home sale price fell from $1,216,231 in 2008
to $1,160,406 in 2009.
Of course days on market increased as a result of the economy
to 73 up from 52 days in 2008.
The good news ahead for 2010…the phones are ringing
and the sellers that hesitated last year,
are providing exceptional buying opportunities
in the upcoming months…stay tuned.
Homes for Sale in Short Hills 07078
Homes for Sale in Millburn 07041
Shhhh….don’t tell anyone, but some wonderful homes
are about to come on the market.
Millburn/Short Hills at a Glance
Want to hear more? Call Perri K. Feldman @ 973.650.4727
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Maplewood 2009 Real Estate Year in Review
February 5th, 2010 Categories: Buying a Home in NJ, Commuting to NYC, Recent New Jersey Home Sales
Maplewood NJ 2009 Real Estate Market Trends chart
Maplewood NJ 2009 Real Estate Market Trends chart
I think it is fair to say that most real estate buyers and sellers
are glad that 2009 is behind us.
In Maplewood, NJ (07040), home prices have fallen far less than the national average. The ease of commute to New York City on the Midtown Direct train line and wonderful downtown have kept housing prices in line.
Based on figures released from the Garden State MLS, 232 homes sold in Maplewood, NJ in 2009 with an average list price of $474,645 and average sale price of $476,220 (only 6% off 2008).
Overall selling price was 97% of final asking price. Average days on market in Maplewood, NJ were 72 days.
2010 has rolled in with a bang in Maplewood, NJ with many multiple offers and homes under contract over the initial asking price.
Homes For Sale in Maplewood, NJ 07040
Want to learn more about real estate in Maplewood, NJ?
Call Perri K. Feldman @ 973.650.4727.
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