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« Morristown NJ Home Sales Report | Main | Madison NJ Real Estate Sales May 2009 »

Morris Township Home Sales May 2009

By admin | June 7, 2009

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

Category: Morristown |

2 Responses to “Morris Township Home Sales May 2009”

  1. Kylie Batt Says:
    April 20th, 2010 at 8:55 pm

    По моему мнению Вы ошибаетесь. Предлагаю это обсудить….

    Менеджер по работе с клиентами   I find myself working with buyers at ever turn, and all of my listings have sold so far this year.  I […….

  2. Kylie Batt Says:
    May 20th, 2010 at 10:56 am

    Я извиняюсь, но, по-моему, Вы не правы. Я уверен. Предлагаю это обсудить. Пишите мне в PM, пообщаемся….

    Менеджер по продажам   I find myself working with buyers at ever turn, and all of my listings have sold so far this year.  I […….

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