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« Summit NJ Home Sale Statistics August 2009 | Main

South Orange NJ Home Sales August 2009

By admin | September 21, 2009

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

Category: Uncategorized |

One Response to “South Orange NJ Home Sales August 2009”

  1. Kylie Batt Says:
    May 3rd, 2010 at 8:29 pm

    Вы не правы…конкретно не правы…

    Водитель, персональный водитель   The month of September seems to be a different story though.  The buyers are out, the consensus seems to be that many of them […….

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