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« 2009 Home Buyer $8000 Tax Credit | Main | Chatham NJ Homes For Sale, The February 2009 Sold Report »

Morristown NJ Homes For Sale, The Feb 2009 Report

By admin | March 2, 2009

During the month of Feburary there were 7 homes which closed and transfered to their new owners.  7 homes, that is still kind of week.  This spring market seemed to go on hold for a while as everyone waited to see what the government was going to do with the stimulus plan, and with any sort of tax credits relating to New Jersey real estate.  Want to read more about the real estate home buyer tax credit for 2009?

During the last month my theiry about homes which are priced right and in good showing condition selling fast was proved again.  My listing at 4a Dorado Dr Convent Mews (a 2 bedroom 2.5 bath condo in Morristown New Jersey priced at $359,900) went under contract with 3 days on the market.  This goes to show that some homes are selling very close to their asking price and selling fast.  Morristown NJ home buyers take note, if you see a home that seems to be priced right which has been on the market less than a week, and you really want it, likely someone else is going to want it as well, and you better write a offer for it or someone else will get it.

Morristown NJ Homes For Sale, The Feb 2009 Report

These are the homes which closed and transferred to their new owners in Morristown New Jersey during February 2009.

Morristown 44  Ridgedale Ave $322,000LP  TwnEndUn 1br 1.1ba $315,000SP  33DOM
Morristown 26  JAMES ST $329,900LP  CapeCod, 2br 1ba $305,000SP  1DOM
Morristown 320  South St $350,000LP  TwnIntUn 2br 2.1ba $305,000SP  18DOM
Morristown 2 RONA RD  $390,000LP  TwnIntUn 2br 2.1ba $360,000SP  0DOM
Morristown 58  DOGWOOD RD  $445,000LP  SplitLev 4br 2ba $445,000SP  12DOM
Morristown 22  KNOLLWOOD RD  $448,500LP  SplitLev 5br 2ba $425,000SP  40DOM
Morristown 28  KING ST UNIT A  $595,000LP  TwnEndUn 3br 2.1ba $645,000SP  183DOM

You may notice that 28 King St sold for $50,000 more than the list price.  Keep in mind that this was new construction in the hart of Morristown, and I am told that the buyer for this home opted for lots of options and customization within their new home.  The other 3 new construction town homes at Kings Courtyard  located just a block from the Morristown train station as well as South Street and just a few blocks from the Morristown central green look like they will be just wonderful featuring 4 levels of very spacious living and 3 off street parking spaces each with one of them being a garage stall.

The Morristown NJ real estate market does seem to be picking up these last few weeks now.  It seems the home buyers are finally willing to come out and make offers on different homes.  Just today in-fact I wrote a offer on a mid-level home in Morristown that meets the criteria I talked about with my listing at Convent Mews above.

James Boyer
Morristown NJ Realtor
Morristown NJ real estate expert
RE/MAX Properties Unlimited
973-539-6300 Office
973-647-0253 Cell

Category: Morristown |

3 Responses to “Morristown NJ Homes For Sale, The Feb 2009 Report”

  1. Linda Craft-North Raleigh Real Estate Says:
    March 11th, 2009 at 10:38 am

    I’m glad your market seems to be picking up these last few weeks; having that happen is good news for all of us.

  2. Mike in Dallas Says:
    March 18th, 2009 at 12:24 pm

    I am seeing good news everywhere. Also the news is starting to report good news. Anything will help

  3. Bobbie McGowan-Ottawa Real Estate Says:
    March 30th, 2009 at 12:02 am

    It is nice to see good reports coming! How are your March numbers looking?

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