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Liberty Greens Condominiums Morris Twp NJ 07960 Home Sales
By admin | January 26, 2009
Liberty Greens is one of the condo communities that looks much more like town homes than condos. Situated just a short 5 minute walk from the Convent Train Station of New Jersey Transit’s Morristown Line, Liberty Greens has a prime location on Morris Twp’s east side within the Convent Station neighborhood. This prime location has attracted Morris County area home buyers who want the easy ability to use the NYC train without the hassle of worrying about parking or snow or …
Liberty Greens Condominiums Morris Twp NJ 07960 Home Sales
Just like everyplace else, home sales have slowed a bit as of late compaired to the 2007 real estate selling season. In 2008 Liberty Greens had 7 condos sell for a average price of $479,500 and a median price of 470,000. This compairs to the 2007 Liberty Greens condo sales which amounted to 10 sales at a average sales price of 526,950 and a median sales price of 515,500.
Here are the actual condo sales for Liberty Greens in 2008:
Morris Twp. 9 Pilgrim Court $429,000LP 2br 2.1ba 1Gar $409,000SP 164DOM
Morris Twp. 15 Thomas Paine Rd $445,000 3br 2.1ba 1GAR $435,000SP 118DOM
Morris Twp. 21 Independence Ct $470,000LP 3br 2.1ba 1GAR $470,000SP 52DOM
Morris Twp. 7 Independence Ct $480,000LP 3br 2.1ba 1GAR $450,000SP 130DOM
Morris Twp. 17 PILGRIM CT $509,000LP 3br 2.1ba 1GAR $495,000SP 40DOM
Morris Twp. 3 INDEPENDENCE CT $510,000LP 3br 2.1ba 1GAR $482,500SP 36DOM
Morris Twp. 1 Pilgrim Ct $645,000LP 3br 2.1ba 1GAR $615,000SP 16DOM
Home prices have come down and so have interest rates, though for the past week or so the mortgage interest rates seem to have been going back up a bit. Just goes to show that you cannot depend on Mortgage interest rates to stay down forever. I believe that home prices will be staying around these levels for the remainder of 2009, but the risk is that mortgage rates could go up. At any price point if interest rates went up 1% your mortgage payment if you locked in at that point would be 9% higher.
Thinking about buying a Liberty Greens condo or a home anyplace in Morris Essex Union Sommerset, or Sussex County? Visit the home search tools at Morris County MLS Home Search.
James Boyer
Morris County REALTOR
RE/MAX Properties Unlimited
973-539-6300 Office
973-647-0253 Direct
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2 Responses to “Liberty Greens Condominiums Morris Twp NJ 07960 Home Sales”
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February 1st, 2009 at 2:24 am
That is very useful to share the codo sales for 2008; even though the prices are down, they are not as bad as in some areas, like California. Good luck with future condo sales there!
April 10th, 2009 at 6:08 pm
That sounds like a wonderful condo community, I would bet those places are still going somewhat quickly with such a great location.