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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

    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 »

    Livingston, NJ 2008 Home Sales

    Housing prices in Livingston, New Jersey saw a dip in the the first half of 2008 over last year.

    However, come May & June 2008, the average sale price was over that of 2007…in spite of the gloom and doom portrayed by the media.

    Why? The downtown is thriving, the schools are Top Rated and you can be assured Top Value for your home in Livingston, New Jersey.

    Livingston NJ Home Sales

    There is still a little more than 5.5 months supply of homes on the market in Livingston, NJ. Currently there are 167 homes for sale with an average list price of $793,334 (which is at par with February and March 2007 sale prices.)

    What does that mean for the home buyers looking to purchase a home in Livingston, NJ…with school about to start, an abundance of homes for sale, NOW IS THE TIME TO BUY!!! 

    Commuting to NYC from Livingston is easy: there are express buses into Port Authority or a short drive to Harrison puts you on the PATH into the city, Hoboken or Jersey City.

    Looking to relocate to Livingston, New Jersey? Contact Perri K. Feldman 973.650.4727 or Perri@MidtownDirectHomes.com.

    Search for Livingston New Jersey Homes for Sale HERE

    Posted by NJ Real Estate Wire | Currently 2 Comments »

    South Orange NJ Home Sales First Half 2008

    South Orange, NJ home sales for the first six months of 2008 saw a 19% drop in volume and a 10% drop in average price of homes sold versus last year.

    South Orange NJ Home Sales

    The good news is that buyers are continuing to view properties in town and that homes that are priced well are selling. Average Days on Market are up only 1% over the first six months of 2007.  
    So if you are looking for a 3-4 bedroom home thirty minutes from New York City, South Orange has wonderful values with the average price of homes sold currently at $575,503.

    There are currently 177 homes on the market in South Orange, the same as were on at this point last year. Want to see what is available? Contact Perri K. Feldman @ 973.650.4727 or see for yourself online

    Posted by NJ Real Estate Wire | Currently No Comments »

    Maplewood NJ Home Sales Jan-March 2008

    While Maplewood NJ home sales in the first quarter of 2008 were nearly half of what sold in Jan-March 2007, the April market is brisk.

    Buyers are ringing our phones and open houses are full.  Full priced offers are made when homes are priced right, but we are still seeing low offers on homes the buyers feel are overpriced for the neighborhood.

    Maplewood NJ Home Sales

    Maplewood NJ only saw a 6% drop in average sale price in the first quarter 2008 ($485,750) vs 2007 ($516,492) which speaks to the continued vibrancy of the town with its close proximity to New York City, the Express Midtown Direct Train into Penn Station (less than 30 minutes) and its wonderful downtown and lovely homes and parks.

    There are currently 155 homes for sale in Maplewood New Jersey ranging in price from $180,000 for a one floor condo to $2,600,000 for a 2/3 bedroom, 4.2 bath  penthouse at The Top with magnificent NYC skyline views. If that is too pricey, there is an 8 bedroom, 3.1 bath Victorian just a short walk into Maplewood Village available for$1,495,000.

    Fifteen homes went under contract in as many days since the beginning of April and ten homes have closed…a good sign that Spring has Sprung.

    If you are interested in buying a home in Maplewood New Jersey please do not hesitate to call Perri K. Feldman at 973.650.4727 or email Perri@MidtownDirectHomes.com.
    You can search Maplewood NJ homes for Free with this Garden State MLS Link.

    Posted by NJ Real Estate Wire | Currently No Comments »

    Livingston NJ Home Sales First Quarter 2008

    Livingston, NJ home sales were down nearly 20% in the first quarter of 2008 with a similar drop in average sales price of $750,586 in 2007 and $598,696 in 2008 based on figures from the Garden State MLS.

    Livingston NJ Q1 2008 Home Sales

    There are currently 141 homes for sale in Livingston ranging in price from $265,000 for a two bedroom bungalow up to $4,250,000 for a six bedroom 6.5 bath Custom home in Bel Air that is absolutely gorgeous.

    If you are thinking of buying or selling a home in Livingston, NJ please contact Perri K. Feldman at 973.650.4727 or email at Perri@MidtownDirectHomes.com.  For additional area information please visit Midtown Direct Homes.

    Posted by NJ Real Estate Wire | Currently 1 Comment »

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