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Condos In Morristown New Jersey
By admin | November 11, 2008
With all the rotten news in the New Jersey real estate markets you may be wondering if there is any segment of the Morristown NJ real estate market that is doing fairly well.
The answer to that question:
Condos In Morristown New Jersey
The market for condos in Morristown has been considerably stronger than any other segment of the Morristown NJ real estate market. Why is that though? I believe because of the experence I have had in working with quite a number of Morristown NJ home buyers during this real estate cycle, that the main reason is affordability. The secondary reason is the growing desirability of Morristown New Jersey itself.
Morristown New Jersey is one of the few towns in Northern New Jersey which is experencing a revitalization of its downtown. Unlike most towns in the area, the Morristown NJ downtown is busy 7 days a week, day and night. During the week, downtown Morristown is busy with all the people who work downtown, but by evening and weekends, we have quite a few people who come out to the many resturants, pubs, and shops of downtown Morristown.
Some notible Morristown Condo Communities:
- 40 Park
- Dehart Place
- Vail Mansion
- Vail Commons
- Morris Place
- Convent Mews
To be fair, lower priced single family homes which are well priced and fairly up to date are selling very well also. For this lower priced segment it is just a function of the market. The people who are buying these homes tend to not have a home to sell, and also tend to be first time home buyers.
Thinking of starting your search for a condo in Morristown New Jersey? Use the best Morristown NJ Home Search Tools Availible.
James Boyer
Morristown NJ REALTOR
RE/MAX Properties Unlimited
973-539-6300 Office
973-647-0253 Direct
Have a Morristown Condo To Sell? Give me a call for the best home marketing package availible.
Category: Morristown |
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