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    488 Springfield Avenue
    Summit, NJ 07901

    ph. 973.376.0033
    fx. 973.376.1088

    Archive for the 'Recent New Jersey Home Sales' Category

    South Orange Real Estate 2009 Year in Review

    Real Estate Trends in South Orange NJ - 2009 Year in Review

    Real Estate Trends in South Orange NJ - 2009 Year in Review

    Homes sold in 2009: 151 (vs. 175 in 2008)

    Avg list price: $574,858 (2.5% lower than in 2008, $589,653)

    Avg sale price in 2009: $530,707 (2008 sales price $571,405)

    DOM: 76 in 2009 (vs. 67 in 2008)

    LP:SP percentage: 95% (97% in 2008)

    Homes Currently for Sale in South Orange, New Jersey

     

    Posted by NJ Real Estate Wire | Currently 1 Comment »

    Montclair Real Estate 2009 Year in Review

    Real Estate Trends in Montclair NJ - 2009 Year in Review

    Real Estate Trends in Montclair NJ - 2009 Year in Review

    2009 Real Estate statistics for Montclair NJ:

    Avg list price of $697,924 was 1.3% higher in 2009, than in 2008 ($689,007)

    There were 309 homes sold during 2009 (vs. 348 in 2008)

    Avg sold price in 2009: $589,271 (vs. $740,717)

    DOM: 79 (vs. 65 in 2008)

    LP:SP percentage: 98% (vs. 100% in 2008)

    Current Homes for Sale in Montclair, New Jersey

     

    Posted by NJ Real Estate Wire | Currently No Comments »

    Glen Ridge Real Estate 2009 Year in Review

    Real Estate Trends in Glen Ridge NJ - 2009 Year in Review

    Real Estate Trends in Glen Ridge NJ - 2009 Year in Review

    According to GSMLS records, here are some notable statistics about Real Estate sales in Glen Ridge NJ during 2009:

    Avg list price: $590,197 (vs. $604,493 in 2008)

    Avg sale price: $551,309 (vs. $591,714 in 2008)

    Avg DOM: 63 (2008: 65)

    LP:SP - 99%  (vs. 101% in 2008)

    Number of homes sold: 84 (vs. 115 in 2008)

    Homes for Sale in Glen Ridge, New Jersey

     

    Posted by NJ Real Estate Wire | Currently No Comments »

    West Orange Real Estate 2009 Year in Review

    west-orange-re-trends-2009-year-in-review1

     

     

     

    Real Estate Trends West Orange NJ - 2009 Year in Review

    In West Orange NJ during 2009, the average list price was $497,852
    and the average sale price was $382,728 (down 8% from 2008).

     

    There were 399 home sales in West Orange,
    which averaged 90 days on market (DOM)
    and had a final sales to list price ratio at 95% (down 2% from 2008).

     

    Homes Currently for Sale in West Orange, New Jersey

     

    Posted by NJ Real Estate Wire | Currently No Comments »

    Livingston Real Estate 2009 Year in Review

    2009 Year in Review - Real Estate Trends for Livingston NJ

    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

    Posted by NJ Real Estate Wire | Currently No Comments »

    Millburn Real Estate 2009 Year in Review

    Millburn Real Estate Trends - 2009 Year in Review

    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

    Posted by NJ Real Estate Wire | Currently No Comments »

    Maplewood 2009 Real Estate Year in Review

    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.

    Maplewood at a Glance

    Homes For Sale in Maplewood, NJ 07040

    Want to learn more about real estate in Maplewood, NJ?
    Call Perri K. Feldman @ 973.650.4727.

    Posted by NJ Real Estate Wire | Currently 1 Comment »

    How is the Summit NJ Housing Market?

    Thirty-eight homes have gone Under Contract
    in the past month in Summit, NJ…
    thus putting the Summit housing market about 19% behind
    2008 in number of home sales pending.
    Average list price of the 163 homes currently on the market
    is $1,187,509 (6% below 2008).

    What are the prices of the homes selling in Summit, NJ?

    8   Under $500,000
    2   $501,000-$600,000
    6   $601,000-$700,000
    4   $701,000-$800,000
    3   $801,000-$900,000
    3   $901,000-$999,999
    5   $1,000,000-$1,500,000
    3   $1,500,001-$1,999,999
    4   $2,000,000+

    Real Estate Market Chart by Altos Research www.altosresearch.com

     

    Why buy a home in Summit, NJ? NJ Magazine ranks Summit High School #20 in the state, the Midtown Direct Train Express puts you at Penn Station in twenty minutes and the vibrant downtown has shops/restaurants for your every need.

    Contact Perri K. Feldman to learn more about living in Summit, NJ 973.650.4727 or Perri@MidtownDirectHomes.com.

    Posted by NJ Real Estate Wire | Currently No Comments »

    August Hartshorn Home Sales in Short Hills

    It has been so wonderful watching the growth of our Keller Williams office over the past three years. Red KW signs are easily spotted in communities along and adjacent to the Midtown Direct train line 

    Representing both Buyers and Sellers, Keller Williams home sales are closing…not easy in this economy.

    Just look at this one section of Short Hills. Out of the eighteen homes sold in the Hartshorn Grade School area in August 2008, Keller Williams represented ten transactions. Pretty good for an office that is only three years old.

    ADDRESS   
    LIST PRICE
    SALE PRICE
    ASSESSED VALUE
    CLOSING DATE
    26 Keats Rd

    $870,000

    $871,000

    $786,200

    08/14

    31 Briarwood Dr  

    $925,000

    $999,999

    $975,600

    08/27

    34 Quaker Road

    $925,000

    $935,000

    $951,700

    08/04

    36 Spenser Dr        

    $975,000

    $940,000

    $959,500

    08/26

    78 Old Short Hills

    $999,000

    $960,000

    $768,900

    08/15

    159 Tennyson Dr

    $1,075,000

    $1,075,000

    $934,700

    08/20

    175 Western Dr

    $1,150,000

    $1,120,000

    $1,058,300

    08/18

    38 Addison Drive

    $1,200,000

    $1,100,000

    $985,200

    08/22

    25 Robert Dr

    $1,275,000

    $1,405,000

    $1,316,800

    08/12

    181 Western Dr

    $1,295,000

    $1,250,000

    $1,169,600

    08/15

    28 Dryden Terr

    $1,395,000

    $1,395,000

    $1,019,400

    08/04

    50 Hemlock Rd

    $1,395,000

    $1,310,000

    $1,385,500

    08/22

    15 Lee Terr

    $1,729,000

    $1,729,000

    $1,426,700

    08/15

    100 Hemlock Rd

    $1,750,000

    $1,675,000

    $1,838,300

    08/15

    14 Dorset Lane

    $1,849,000

    $1,800,000

    $1,760,000

    08/20

    185 Western Dr

    $2,095,000

    $2,200,000

    $2,041,900

    08/27

    81 Tennyson Dr

    $2,750,000

    $2,500,000

    $2,322,200

    08/18

    123 Highland Ave

    $3,750,000

    $3,475,000

    $3,247,500

    08/20

    Listed or Sold by Keller Williams Realty

    Are you ready to buy a home in Short Hills? Or sell your Short Hills home? Contact Perri @ 973.650.4727.

    Posted by NJ Real Estate Wire | Currently No Comments »

    Maplewood NJ Home Sales September 2008

    In September, 2008, the average list price of homes in Maplewood, NJ was $528,679. The average sales price of the sixteen homes sold was just below that at $521,843. Average Days on Market was 73.

    What is interesting to note, is that Maplewood is back at 2005 price levels:



    Maplewood Real Estate

    Maplewood, NJ Homes Sold September 2008

    Address

    Sale Price

    19 Hickory Dr

    $911,000

    665 Prospect St

    $901,500

    23 Hoffman Street

    $756,000

    513 Richmond Ave

    $600,000

    8 Sunset Terr

    $590,000

    636 Ridgewood Rd

    $585,000

    21 Oberlin St

    $575,000

    12-14 Wellesley

    $555,000

    125 Oakview Ave

    $539,000

    74 Park Avenue 

    $519,000

    46 Plymouth Ave

    $445,000

    10 Midland Blvd

    $425,000

    3 Porter Rd

    $315,000

    253 Burnett Ave

    $269,000

    192 Burnett Ave

    $205,000

    44B Meadowbrook

    $159,000

    Click here to see full details: Maplewood New Jersey Home Sales September 2008

    There are currently 140 homes for sale in Maplewood, New Jersey…the same number that was on the market last year.

    Looking for a home now in Maplewood, New Jersey Search here

    Call Perri 973.650.4727  For more information about Maplewood NJ, call Perri@973.650.4727.

    Posted by NJ Real Estate Wire | Currently No Comments »

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