Morris, Essex, Union, http://www.jboyerhomes.com/nj-real-estate-blog Your Source For Local New Jersey Real Estate Information Tue, 22 Sep 2009 01:03:32 +0000 http://wordpress.org/?v=2.6.3 en South Orange NJ Home Sales August 2009 http://www.jboyerhomes.com/nj-real-estate-blog/?p=172 http://www.jboyerhomes.com/nj-real-estate-blog/?p=172#comments Tue, 22 Sep 2009 01:03:32 +0000 admin http://www.jboyerhomes.com/nj-real-estate-blog/?p=172 The rate of home sales in South Orange NJ during the month of August was fairly moderate.  While other towns seemed to be busier homes in South Orange seemed to sit.  The month of September seems to be a different story though.  The buyers are out, the consensus seems to be that many of them are trying to lock in good home mortgage interest rates before they go up.  As of Friday 9-18-2009 I had 2 different mortgage brokers tell me they could get 30 year fixed rate mortgages at 4.75%.  Other buyers are trying to beat the deadline for taking advantage of the $8000 home buyer tax credit, which expires on December, 1 2009. 

September likely will show a much more lively South Orange NJ Real Estate market!!

South Orange has a lot to offer potential home buyers, and has been a natural favorite among home buyers who commute into NYC.  The New Jersey transit train  getting people to NYC Penn station in 35 minutes has quite a lot to do with that.  The upscale shops and abundant restaurants, and deli’s within walking distance of the train station also help as well as the brand new preforming arts center and movie theater located next to the South Orange NJ train station.

South Orange NJ Home Sales

  1. 315  Scotland Rd.  $339,000LP  Ranch 2br 1ba $332,000SP  12DOM
  2. 142  College Pl  $399,900LP  Colonial 4br 1.1ba $400,000SP  65DOM
  3. 17 - 25  Church St  $450,000LP  MultiFlr 3br 2.1ba $430,000SP  70DOM
  4. 18  BROOKWOOD RD  $530,000LP  Colonial 5br 3.2ba $520,000SP  48DOM
  5. 181 Village Rd.  $629,000LP  Victrian 5br 2.1ba $610,000SP  8DOM
  6. 70 CREST DR  $699,000LP  Colonial 4br 4.2ba $615,000SP  44DOM
  7. 380 HILLSIDE PL  $719,000LP  Victrian 8br 3.1ba $685,000SP  43DOM
  8. 22  FRANKLIN TER  $779,000LP  Colonial 5br 3.2ba $729,500SP  44DOM
  9. 191 WYOMING AVE  $879,000LP  Colonial 5br 4ba $879,000SP  8DOM
  10. 365  WARWICK AVE $888,888LP  Meditter 5br 2.2ba $860,000SP  126DOM

Thinking of buying or selling a home in South Orange NJ 07079?  A great Realtor can make a huge difference in how the who process goes.  One of the best ways to make sure you are getting a great Realtor is to make sure your Realtor is a full time Real Estate professional, and not someone who is off working at Macy’s during the day, or delivering the mail, and only availible to you after they work their regular job. 

James Boyer, Full time South Orange NJ Realtor at your service.

James Boyer
South Orange NJ Realtor
South Orange NJ Real Estate
RE/MAX Properties Unlimited
973-539-6300 Office
973-647-0253 Direct

]]> http://www.jboyerhomes.com/nj-real-estate-blog/?feed=rss2&p=172 Summit NJ Home Sale Statistics August 2009 http://www.jboyerhomes.com/nj-real-estate-blog/?p=170 http://www.jboyerhomes.com/nj-real-estate-blog/?p=170#comments Sat, 12 Sep 2009 01:53:30 +0000 admin http://www.jboyerhomes.com/nj-real-estate-blog/?p=170 August was a busy month for home sales and closings in Summit NJ 07901.  To be sure some of this was pent up demand from previous years, but some of it was also the $8000 home buyer tax credit (expiring December, 1 2009) and some of it was Summit home buyers racing to lock in fairly low mortgage interest rates as they have been rising as of late.

Summit NJ Home Sales

  1. Summit City 4  CLARK ST $299,900LP  Ranch 3br 1ba $235,000SP  211DOM
  2. Summit City 105  ORCHARD ST  $310,000LP  Ranch 3br 1ba $315,000SP  13DOM
  3. Summit City 13  Ascot Way  $479,000LP  SplitLev 3br 1.1ba $425,000SP  45DOM
  4. Summit City 62  Park Avenue  $479,900  HalfDupl 3 2.1 $440,000  135
  5. Summit City 67-75  NEW ENGLAND AVE, 75F  $549,000  TwnEndUn 3 2 $539,000  258
  6. Summit City 8  Stiles Road  $629,000  SplitLev 4 2.1 $605,000  33
  7. Summit City 42  HARTLEY RD  $649,000  Colonial 4 2.1 $609,500  26
  8. Summit City 33  STOCKTON RD  $649,000  SplitLev 4 2.1 $643,000  9
  9. Summit City 95  Maple Street  $659,000  Colonial 3 2.1 $786,000  9
  10. Summit City 212  WOODLAND AVENUE  $679,000  SplitLev 4 2 $680,000  27
  11. Summit City 14  PRINCETON ST  $699,000  Colonial 4 2.1 $657,500  83
  12. Summit City 51  ASHLAND RD  $745,000  Colonial 4 2 $715,000  19
  13. Summit City 142  MAPLE STREET  $749,000  Colonial 4 1.1 $747,500  30
  14. Summit City 17  Canoe Brook Parkway  $749,000  Colonial 4 2.1 $720,000  14
  15. Summit City 31  Fairview Avenue  $765,000  Colonial 3 2.1 $765,000  8
  16. Summit City 9  NORWOOD AVE  $799,900  Colonial 6 3.1 $800,000  111
  17. Summit City 140  MAPLE ST  $839,000  Colonial 4 2.1 $885,000  13
  18. Summit City 137  BLACKBURN RD  $895,000  Colonial 3 3.1 $850,000  16
  19. Summit City 33  Glen Oaks Avenue  $895,000  CapeCod 3 3 $925,000  6
  20. Summit City 26  Valley View Avenue  $925,000  Colonial 4 3.1 $941,000  83
  21. Summit City 60  DALE DRIVE  $939,000  Custom 5 2.1 $900,000  18
  22. Summit City 22  Colony Drive  $945,000  Colonial 4 2.1 $968,000  29
  23. Summit City 47  Parkview Terrace  $949,000  Colonial 4 2.1 $949,000  47
  24. Summit City 151  Canoe Brook Parkway  $975,000  Colonial 4 2.1 $925,000  79
  25. Summit City 30  Shadyside Avenue  $1,065,000  Colonial 5 3.1 $1,066,000  111
  26. Summit City 26  Windsor Road  $1,195,000  Colonial 4 2.1 $1,250,000  7
  27. Summit City 72  Dale Drive  $1,485,000  Colonial 5 3.1 $1,485,000  8
  28. Summit City 8  MANOR HILL ROAD  $1,695,000  Colonial 6 5.1 $1,695,000  7
  29. Summit City 39  PORTLAND RD  $1,950,000  Colonial 4 3.2 $1,800,000  36
  30. Summit City 27  Silver lake Drive  $2,100,000  Colonial 5 4.1 $2,000,000  147
  31. Summit City 100  Fernwood Road  $2,125,000  Colonial 5 4.1 $1,853,000  103

So 31 home sale / transfers in the Summit NJ Real Estate market during the month of August. 

With the home buyer tax credit expiring December, 1 2009 if your thinking about purchasing a home, it would be a good idea to take advantage of the tax credit and get out there now and find that great home.  Too start your search, visit Morris Essex and Union County MLS Home Search .

James Boyer
Summit NJ Realtor
Summit NJ Real Estate Expert
RE/MAX Properties Unlimited
973-539-6300 Office
973-647-0253 Direct

]]> http://www.jboyerhomes.com/nj-real-estate-blog/?feed=rss2&p=170 Morris Township NJ Home Sales Update August 2009 http://www.jboyerhomes.com/nj-real-estate-blog/?p=168 http://www.jboyerhomes.com/nj-real-estate-blog/?p=168#comments Tue, 08 Sep 2009 19:19:07 +0000 admin http://www.jboyerhomes.com/nj-real-estate-blog/?p=168 25 Homes Sold in Morris Township New Jersey

during the month of August 2009.  That is a very good number of homes to be sold.  To be sure, part of that is people taking advantage of the $8000 and part of those sales were people stepping in to lock in the lower mortgage interest rates.  As you may have noticed, mortgage interest rates have been going up over the past 3 or 4 months now.  For every 1% change in mortgage interest rates, there is a 9% change in payment for the same amount borrowed.

Morris Township NJ Home Sales

  1. Morris Twp. 101  Village Dr  $329,000LP  OneFloor 2BR 2BA $310,000SP  58DOM
  2. Morris Twp. 10B  Leva Dr  $368,500LP  MultiFlr 3BR 2.1BA $349,000SP  44DOM
  3. Morris Twp. 14  WILDFLOWER  $394,500  TwnIntUn 3 2.1 $385,000  47
  4. Morris Twp. 10  LAKE VALLEY RD  $419,000  CapeCod 3 2 $425,000  17
  5. Morris Twp. 3  BARBERRY RD  $449,900  Colonial 3 2 $420,000  45
  6. Morris Twp. 11  Molly Stark Drive  $449,900  SplitLev 3 3 $445,000  54
  7. Morris Twp. 16  STEWART DRIVE  $465,000  Bi-Level 4 2.1 $435,000  23
  8. Morris Twp. 16  WYNDMOOR DR  $469,000  Colonial 4 2.1 $435,000  14
  9. Morris Twp. 4  ARBOR WAY  $524,900  Ranch 3 2 $500,000  46
  10. Morris Twp. 31  fieldstone  $539,000  RanchExp 4 3 $465,000  123
  11. Morris Twp. 19  ARBOR WAY  $549,000  Colonial 4 2.1 $535,000  62
  12. Morris Twp. 1  Copperfield Way  $589,900  Colonial 4 2.1 $575,000  58
  13. Morris Twp. 12  RALEIGH CT  $600,000  RanchExp 5 3.1 $580,000  78
  14. Morris Twp. 19  LYNNFIELD DRIVE  $600,000  Colonial 4 2.1 $600,000  51
  15. Morris Twp. 43  BUCKLEY HILL ROAD  $625,000  Contemp 4 2.1 $600,000  130
  16. Morris Twp. 10   Fairchild Ave.  $649,000  Colonial 4 3.1 $644,500  44
  17. Morris Twp. 108  Skyline  $659,000  Ranch 4 4.1 $635,000  85
  18. Morris Twp. 29  Cromwell Drive  $669,800  SplitLev 4 3.1 $625,000  50
  19. Morris Twp. 51  ROLLING HILL DR  $700,000  Colonial 4 3.1 $683,000  68
  20. Morris Twp. 6  OLD GLEN RD  $745,000  Colonial 3 2.1 $735,000  20
  21. Morris Twp. 11  Normandy Pkwy  $899,000  RanchExp 5 4 $900,000  213
  22. Morris Twp. 31  LAURA LN  $949,000  Colonial 4 2.1 $925,000  52
  23. Morris Twp. 93  SPRING BROOK RD  $959,000  Colonial 4 3.1 $910,000  141
  24. Morris Twp. 12  Spencer Drive  $1,245,000  Colonial 5 4.1 $1,200,000  105
  25. Morris Twp. 27  SPENCER DR  $1,249,900  Colonial 5 3.1 $1,180,000  126

Thinking that you may want to take advantage of the $8000 home buyer tax credit?  Time is running out, in order to take advantage of this huge tax credit you need to have closed on your home by December,1 2009.  Want to start looking for a Morris Township NJ home stop by the Morris Twp. NJ real estate web page.  There you will find every home listed for sale in the local MLS. 

Want to search a wider area?  Just stop by the New Jersey Real Estate web page where you can find every home for sale in Morris, Essex, Union, Passaic, Sumerset, Sussex, & Warren Counties.

James Boyer
Morris Township NJ Realtor
RE/MAX Properties Unlimited
973-539-6300 Office
973-647-0253 Direct

]]> http://www.jboyerhomes.com/nj-real-estate-blog/?feed=rss2&p=168 Morristown NJ Home Sales August 2009 http://www.jboyerhomes.com/nj-real-estate-blog/?p=166 http://www.jboyerhomes.com/nj-real-estate-blog/?p=166#comments Sat, 05 Sep 2009 14:52:42 +0000 admin http://www.jboyerhomes.com/nj-real-estate-blog/?p=166 The month of August was a fairly busy month for home sales here in Morristown New Jersey.  The number of closed homes does not really reflect how busy it really was actually.  The way this works is that the home sales that I report here are actually homes which went under contract back in June and July of this year, and then finally closed and transferred to their new owners during the month of August.

With the Home Buyer $8000 tax credit expiring on December 1 of 2009 there has been a scramble of sorts to take advantage.  The fact that mortgage interest rates have been creeping up all year is also forcing people to take a second look at locking in now verses waiting.  There seems to be a trend that when interest rates are falling people hold back and don’t do anything, thinking that they will wait and catch the bottom.  What usually happens though is that the bottom comes and goes, and then interest rates move higher and these same people are left to scramble to lock in rates and usually they lock in higher than if they would have moved forward to start with.

There are also those people who seem to think that it does not matter what mortgage interest rates do, because they think that home prices will continue to fall.  Well consider this, if mortgage interest rates go up 1% that would raise the payment on the same amount borrowed by 9%.  That mean that prices would have to come down about 9% in order for you to be able to afford the same home.  Is that likely to happen?  Not likely in the lower and mid-range priced homes.  The lower price range homes have been the hottest segment for the past 18 months now, and have not lost anything like 9% over that 18 month period.  For the past 4 to 6 months it has seemed that home prices have actually be very stable to possibly creeping up a little bit.

Morristown NJ 07960 Home Sales

  1. Morristown 47 1/2  SUSSEX AVE  LP $178,695  Colonial 3br 2.1ba $160,000SP  52DOM
  2. Morristown 320  South Street- 4F  LP $215,000  OneFloor 1br 1ba $205,000SP  49SOM
  3. Morristown 320   South Street  $219,900  FirstFlr 1 1 $216,500  28
  4. Morristown  6  Altamont Court - Unit 16  $244,900  OneFloor 1 1 $235,000  146
  5. Morristown  12  CLINTON ST  $249,900  TwnIntUn 4 2 $245,000  70
  6. Morristown  10  THOMPSON ST  $275,000  Colonial 3 1.1 $265,000  90
  7. Morristown 111  Early Street  $399,900  Colonial 4 1.1 $375,000  164
  8. Morristown  53  HILL ST  $424,000  TwnEndUn 3 3 $400,000  35
  9. Morristown 12  CONDICT PLACE  $479,000  Colonial 4 2.1 $460,000  31
  10. Morristown 23  OLMSTEAD RD  $485,000  Colonial 3 2 $461,600  25
  11. Morristown 69 A  WETMORE AVENUE  $569,900  TwnEndUn 3 2.1 $525,000  24
  12. Morristown 30  KING ST UNIT C  $749,000  TwnEndUn 3 2.1 $750,000 

To search for all Morristown NJ homes for sale.  Morristown NJ really is a nice walkable town, with much to offer most everyone.

James Boyer
Morristown NJ REALTOR
RE/MAX Properties Unlimited
973-539-6300 Office
973-647-0253 Direct

]]> http://www.jboyerhomes.com/nj-real-estate-blog/?feed=rss2&p=166 Chatham Boro Real Estate Sales May 2009 http://www.jboyerhomes.com/nj-real-estate-blog/?p=161 http://www.jboyerhomes.com/nj-real-estate-blog/?p=161#comments Wed, 17 Jun 2009 15:01:44 +0000 admin http://www.jboyerhomes.com/nj-real-estate-blog/?p=161 Chatham Boro New Jersey, the Chatham located around the Chatham Trainstation or New Jersey transit and the Chatham downtown. 

Chatham Boro Real Estate sales for May 2009 were relatively strong this year as many home sellers decided to price their homes to sell.  Of course the home buyers who were wanting into Chatham Boro were only so happy to snap up the great deals out there.  Contributing factors for Chatham Boro and other towns were that interest rates were inching higher and many people decided to get off the fence and lock in a great rate.  Another contributing factor was and still is the $8000 home buyer tax credit which expires December 1st 2009.

I currently have one Chatham Boro home under contract and 2 other home buyers who are looking for a home within walking distance of the Chatham Boro train station.

Chatham Boro Real Estate Sales May 2009

  1. 84  Woodland Rd  $375,000LP  Bi-Level 4br 1.1ba $335,000SP  67DOM
  2. 34  Minton Ave  $429,900LP  CapeCod 3br 2ba $395,000SP  12DOM
  3. 104  CENTER AVE  $520,000LP  Colonial 3br 1ba $485,000SP  159DOM
  4. 31  HEDGES AVE  $545,000LP  Colonial 4br 2ba $520,000SP  57DOM
  5. 60  WATCHUNG AVE  $549,000LP  Colonial 3br 1.1ba $545,000SP  11DOM
  6. 119  WESTON AVE  $559,000LP  SplitLev 3br 1.2ba $528,000SP  4DOM
  7. 15  Vincent St $599,000LP  Colonial 3br 1.2ba $599,000SP  22DOM
  8. 27 CHATHAM ST  $599,000LP  Colonial 3br 1.1ba $560,000SP  104DOM
  9. 67  WASHINGTON AVE  $615,000LP  Colonial 3br 2ba $610,000SP  22DOM
  10. 10  ELM PL  $619,000LP  Colonial 3br 1.1ba $605,000SP  8DOM
  11. 21  TALLMADGE AVE  $629,000LP  Colonial 3br 1.1ba $665,000SP  9DOM
  12. 70  HEDGES AVE  $699,999LP  Colonial 3br 3.1ba $650,000SP  37DOM
  13. 63  HEDGES AVE  $799,900LP  Colonial 4br 2.1ba $799,000SP  38DOM

Want to find a great deal on Chatham Boro Real Estate, the place with all the homes currently listed for sale in Chatham is Chatham Boro Real Estate and MLS Search.

James Boyer
Chatham Boro Realtor
Chatham Boro Real Estate Expert
RE/MAX Properties Unlimited
973-539-6300 Office
973-647-0253 Direct

]]> http://www.jboyerhomes.com/nj-real-estate-blog/?feed=rss2&p=161 Madison NJ Real Estate Sales May 2009 http://www.jboyerhomes.com/nj-real-estate-blog/?p=155 http://www.jboyerhomes.com/nj-real-estate-blog/?p=155#comments Mon, 15 Jun 2009 23:37:56 +0000 admin http://www.jboyerhomes.com/nj-real-estate-blog/?p=155 The real estate market here in Madison NJ bucked the area sales trend in May of 2009.  While Chatham Boro and Township had 20 home sales, Florham Park had 7 home sales, Morris Township had 17 home sales, and Morristown had 17 home sales, Madison NJ had only 5 home sales.  Just 5 homes sales is not very much during a time period when it seemed like the home buyers were coming out of the wood work, trying to lock in low interest rates get that $8000 home buyer credit, and snatch up those good deals out there.

Madison NJ Real Estate Sales

  1. 38  SOUTH ST  $359,900LP  Ranch 2br 1ba $250,000SP  227DOM
  2. 37  ANTHONY DR  $410,000LP  CapeCod 2br 2ba $399,000SP  38DOM
  3. 4  LEE AVE  $539,000LP  Colonial 3br 1.1ba $530,000SP  17DOM
  4. 13  KENSINGTON RD  $572,375LP  CapeCod 4br 2ba $520,000SP  69DOM
  5. 28  HILLCREST RD  $1,200,000LP  Colonial 4br 4.1ba $1,328,000SP  11DOM

38 South St. was a bank foreclosure an example of a truely great deal.  People crave these but here in Morris County there just are not that many of them.

4 Lee Ave. Located in the Knollwood section of Madison, was a very nice looking home which was priced right from the start.

28 Hillcrest Rd. was a good example of how hard it is to under price a home even in a buyers market.  Even with this price range the buyers stepped in and bid the price up.

Want to find the great deals in Madison NJ homes for sale?  Visit Madison NJ MLS Search.

James Boyer
Madison NJ Realtor
Madison NJ Real Estate Expert
RE/MAX Properties Unlimited
973-539-6300 Office
973-647-0253 Direct

]]> http://www.jboyerhomes.com/nj-real-estate-blog/?feed=rss2&p=155 Morris Township Home Sales May 2009 http://www.jboyerhomes.com/nj-real-estate-blog/?p=149 http://www.jboyerhomes.com/nj-real-estate-blog/?p=149#comments Mon, 08 Jun 2009 03:36:28 +0000 admin http://www.jboyerhomes.com/nj-real-estate-blog/?p=149 May was a fairly busy month for home sales in Morris Township NJ.  17 homes sold and closed.  Considering what the public perception is about the local real estate markets, it is incredibly busy.  I find myself working with buyers at ever turn, and all of my listings have sold so far this year.  I do have another listing coming on the market in Morris Plains NJ in about a week though.

Morris Township home sales

  1. 321 PITNEY PL  $249,000LP  OneFloor 2br 1ba $222,500SP 16DOM
  2. 11 WHITE BIRCH RD  $388,000LP  Bi-Level 4br 2.1ba $350,000SP  56DOM
  3. 16 SPRINGVIEW DRIVE  $399,000LP  Colonial 2br 1ba $390,000SP  37DOM
  4. 14 WHITE BIRCH RD  $399,900LP  Ranch 3br 2ba $360,000SP  36DOM
  5. 328  MADISON AVE  $424,900LP  Colonial 3br 2.2ba $400,000SP  76DOM
  6. 8  Albert Avenue  $427,000LP  CapeCod 3br 1ba $400,000SP  40DOM
  7. 19 TURTLE RD  $459,000LP SplitLev 3br 1.2ba $425,000SP  244DOM
  8. 18  STEWART DR  $459,000LP  SplitLev 3br 1.2ba $425,000SP  244DOM
  9. 42 HILLCREST AVE  $459,000LP  CapeCod 4br 2.1ba $430,000SP  118DOM
  10. 31 N STAR DR  $474,892LP  Bi-Level 4br 2.1ba $435,000SP  320DOM
  11. 48  BURNHAM PKY  $479,000LP  Bi-Level 5br 3ba $455,000SP  59DOM
  12. 20  NORMANDY BLVD WEST  $499,000LP  SplitLev 3br 2.1ba $495,000SP  50DOM
  13. 121 HILLCREST AVE  $499,900LP  Colonial 4br 2.1ba $470,500SP  55DOM
  14. 62 CENTER AVE  $549,900LP  Colonial 4br 2.1ba $540,000SP  7DOM
  15. 14  Pond Hill Road  $599,000LP  Ranch 3br 2.2ba $585,000SP  79DOM
  16. 19  Glimpsewood Lane  $699,800LP  Colonial 5br 3.1ba $657,500SP  53DOM
  17. 6  BEEKMAN PL  $950,000LP  Colonial 5br 2.1ba $925,000SP  44DOM

31 N Star Dr. ( located in the Butterworth neighborhood of Morris Township NJ) is a very good example of pricing a home right and it will sell.  When 31 N Star Dr. first came on the market it was priced at $549,900.  The seller was very stubborn (Keep in mind this home was not listed for sale with me) and refused to lower the price for the entire 180 days is was listed that time.  During this time I listed 28 N Star Dr. accross the street, a home that should have been of similar value and it rather quickly sold for $509,500.  The sellers at 31 stubbornly held on, and eventually sold their home after an additional listing period of 283 DOM.

19 Turtle Rd. ( located in the Convent Station neighborhood of Morris Township NJ, my home neighborhood) is yet another example of pricing a home right and it will sell.  This seller started off at $550,000 for a list price, and then finally lowered the price to $459,000 before selling for $425,000.  It is my guess that the seller likely could have gotten more if they had priced the home below $500,000 to start with, which is where the house should have been priced.  This pricing mistake made it possible for the eventual buyer to make an excellent investment and purchase this home with potential in a great Convent Station neighborhood which normally sells between $500,000 and $900,000.

Want to look at what is on the market now in Morris Township NJ.

James Boyer
Morris Township NJ Realtor
RE/MAX Properties Unlimited
973-539-6300 Office
973-647-0253 Direct

]]> http://www.jboyerhomes.com/nj-real-estate-blog/?feed=rss2&p=149 Morristown NJ Home Sales Report http://www.jboyerhomes.com/nj-real-estate-blog/?p=147 http://www.jboyerhomes.com/nj-real-estate-blog/?p=147#comments Wed, 03 Jun 2009 01:39:38 +0000 admin http://www.jboyerhomes.com/nj-real-estate-blog/?p=147 May 2009 was a busy month for the web savvy Realtors of Morristown New Jersey.  From the list below 2 of the home sales in Morristown alone were my deals.  It is becoming more and more obvious just how important it is for home sellers to be working with a very web savvy Realtor as the number of home buyers spending most of their home search online approach 90%. 

So here I sit, having to have called Verizon Wireless to up my cell phone plan to unlimited since I burned through 800 of my 900 availible minutes in just the first 2 weeks of my month, and about 98% of that was real estate business.

What is driving home buyers to buy now?  Value, Low Interest Rates, and the $8000 home buyer credit which expires December 1, 2009.  It is as true today as it was 3 months ago that if a home is even a little over priced, the chances it will sell drop significantly.

The Morristown NJ Home Sales May 2009

  1. 31  HILLAIRY AVE  $208,900LP  Colonial 3br 1ba $195,000SP  7DOM
  2. 320  South Street - Unit 18N  $240,000LP  OneFloor 1br 1ba $228,000SP  37DOM
  3. 7  PROSPECT ST UNIT 405  $300,000LP OneFloor 1br 1ba $290,000SP  202DOM
  4. 8-C  DORADO DR  $339,000LP  TwnIntUn 2br 2.1ba $330,000SP  23DOM
  5. 4-A  DORADO DR  $359,900LP  TwnEndUn 2br 2.1ba $347,000SP  3DOM
  6. 202  Speedwell Ave  $389,500LP  Colonial 4br 2.1ba $365,000SP  273DOM
  7. 98  Mills Street  $409,000LP  Colonial 3br 1.1ba $390,000SP  22DOM
  8. 5  AMES PL  $415,000LP  Colonial 3br 1.1ba $390,000SP  82DOM
  9. 37  VALLEY VIEW DR  $417,000LP  Colonial 3br 2ba $417,000SP  23DOM
  10. 111 SUSSEX AVE  $419,999LP  CapeCod 4br 2.1ba $390,000SP  180DOM
  11. 23  SAND HILL RD  $425,000LP  CapeCod 4br 2ba $429,000SP  28DOM
  12. 22  SAND HILL RD  $435,000LP  CapeCod 4br 2ba $400,000SP  33DOM
  13. 146  MILLS ST  $449,000LP  Colonial 3br 2.1ba $425,000SP  27DOM
  14. 7  John Glenn Rd  $449,900LP  SplitLev 3br 2ba $422,500SP  15DOM
  15. 15  ROSEMILT PL  $475,000LP  Bi-Level 4br 2.1ba $460,000SP  63DOM
  16. 13 DOGWOOD RD  $479,900LP  SplitLev 4br 2ba $461,000SP  56DOM
  17. 48 MILLER RD $1,200,000LP  Colonial 4br 4.1ba $1,125,000SP  296DOM

So that is the story of the Morristown NJ Real Estate market in May of 2009.  Thinking of taking advantage of the great deals out there, and that $8000 home buyer credit?  Stop by Morristown NJ home Listings.

James Boyer
Morristown NJ Realtor
Morristown NJ Real Estate Expert
RE/MAX Properties Unlimited
973-539-6300 Office
973-647-0253 Direct

]]> http://www.jboyerhomes.com/nj-real-estate-blog/?feed=rss2&p=147 Morris Township NJ Real Estate Sales Update http://www.jboyerhomes.com/nj-real-estate-blog/?p=144 http://www.jboyerhomes.com/nj-real-estate-blog/?p=144#comments Sun, 10 May 2009 23:15:27 +0000 admin http://www.jboyerhomes.com/nj-real-estate-blog/?p=144 Another installment of the Morris Township NJ Real Estate update for April 2009.  This past month was a fairly good month for home sales.  2009 seems to be a year of building sales.  I mean by that, I think that as the year goes by the market will continue to get better and better.  May is already seeming to be a good month as well.

There is so much stimulus in the economy that I would not be surprised to see the economy seeming to be getting somewhat better by the end of summer.  In any event that are some smart home buyers out there looking to take advantage of the low interest rates as well as low home sales prices.  There are some wonderful deals on homes out there so why not.

Morris Township NJ Real Estate Sales Update

  1. 210  PITNEY PL  $229,000LP  OneFloor 1br 1ba $224,000SP  40DOM
  2. 1B Leva Drive  $325,000LP  OneFloor 2br 2ba $315,000SP  38DOM
  3. 3  LANGDON LN  $339,000LP  CapeCod 3br 2ba $290,000SP  123DOM
  4. 5  MILL RD  $359,000LP  Colonial 3br 1.1ba $328,750SP  132DOM
  5. 33  WITHERSPOON CT  $359,900LP  MultiFlr 2br 2.1ba $350,000SP  35DOM
  6. 16   SPRINGVIEW DRIVE  $399,000LP  Colonial 2br 1ba $390,000SP  37DOM
  7. 11  MILL RD  $399,000LP  Colonial 3br 1.1ba $378,800SP  60DOM
  8. 8  Egbert Hill Road  $429,000LP  Victrian 3br 1.1ba $415,000SP  37DOM
  9. 28  NORTHBRIDGE PL  $475,000LP  TwnIntUn 3br 2.1ba $465,000SP  178DOM
  10. 48  BURNHAM PKY  $479,000LP  Bi-Level 5br 3ba $455,000SP  59DOM
  11. 60 Keats Way  $499,000LP  SeeRem 3br 2.1ba $465,000SP  196DOM
  12. 108 SPRING BROOK RD  $499,900LP  Bi-Level 4br 2.1ba $490,000SP  208DOM
  13. 19  Brookfield Way $500,000LP  SplitLev 3br 2.1ba $485,000SP  116DOM
  14. 7  VALLEY VIEW ST  $519,000LP  Colonial 4br 2.1ba $530,000SP  52DOM
  15. 30 STONEHENGE RD  $529,000LP  SplitLev 4br 3ba $520,000SP  2DOM
  16. 166  LAKE RD  $599,999LP  Colonial 4br 2.2ba $576,000SP 201DOM
  17. 34  Bradwahl Dr $699,900LP Colonial 4br 3.1ba $700,000SP  201DOM
  18. 8  SPENCER DR  $1,295,000LP Colonial 6br 4.1ba $1,225,000SP  29DOM

Looking for Morris Township NJ homes for sale check out the Morris Township NJ Real Estate page of the main website.

James Boyer
Morris Township NJ Realtor
Morris Township NJ Real Estate Expert
RE/MAX Properties Unlimited
973-539-6300 Office
973-647-0253 Direct

]]> http://www.jboyerhomes.com/nj-real-estate-blog/?feed=rss2&p=144 Madison NJ 07940 Home Sales March 2009 http://www.jboyerhomes.com/nj-real-estate-blog/?p=142 http://www.jboyerhomes.com/nj-real-estate-blog/?p=142#comments Mon, 13 Apr 2009 17:11:00 +0000 admin http://www.jboyerhomes.com/nj-real-estate-blog/?p=142 March was a bit of a up month for Madison New Jersey, well as far as home sales go anyway.  Not up as much as many would have liked though.  For the month Madison had a total of 11 home sales.  That compairs to 11 during the month of March 2008 though.

Currently there are 94 homes activly listed for sale in Madison which brings us to just under a 9 month supply of homes for sale.  Typically if there is more than a 6 month supply of homes for sale in a given town, it is considered to be a buyers market.  9 months supply of homes for sale for Madison is not that high of a number though compaired to some towns further West registering as much as 18 month supply just last month.

Madison NJ 07940 Home Sales March 2009

Madison 19  Alexander Ave $389,000LP 2br 1ba 1gr $350,000SP  22DOM
Madison 29  WALNUT ST $439,000LP 3br 1.1ba 1gr $425,000SP  8DOM
Madison 186  GREENWOOD AVE $439,900LP  4br 1.1ba 1gr $415,000SP  45dOM
Madison 69  SHADYLAWN DR $499,000LP 3br 2ba 1gr $487,500SP  13DOM
Madison 6  Oak Ct $529,000LP  3br 2ba 2gr $505,000SP 119DOM
Madison 57   Woodland Rd  $649,900LP 3br 1.1ba 1gr $626,000SP  153DOM
Madison 55  MAPLE AVE $699,000LP 3br 2.1ba 1gr $665,000SP  21DOM
Madison 21  PROSPECT PL $749,200LP 4br 2.2ba 1gr $751,200SP  241DOM
Madison 41  Broadview Ave $842,000LP 3br 2.1ba 2gr $780,000SP  28DOM
Madison 5  CARTERET CT $849,000LP 4br 2.1ba 2gr $815,000SP  147DOM
Madison 2  Harwood Dr $1,299,999LP 5br 4.1ba 2r $1,200,000SP  63DOM

There are some great home values to be had in Madison New Jersey, you just have to look for them a little bit.  A great place to start is at the Madison NJ Real Estate For Sale web page.

James Boyer
Madison NJ Realtor
Madison NJ Real Estate Expert
RE/MAX Properties Unlimited
973-539-6300 Office
973-647-0253 Direct

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