Midtown Direct Real Estate

South Orange Real Estate 2009 Year in Review

Real Estate Trends in South Orange NJ - 2009 Year in Review Homes sold in 2009: 151 (vs. 175 in 2008) Avg list price: $574,858 (2.5% lower than in 2008, $589,653) Avg sale price in 2009: $530,707 (2008 sales price $571,405) DOM: 76 in 2009 (vs. 67 in 2008) LP:SP percentage: 95% (97% in 2008) Homes Currently for Sale in South Orange, New...

Montclair Real Estate 2009 Year in Review

Real Estate Trends in Montclair NJ - 2009 Year in Review 2009 Real Estate statistics for Montclair NJ: Avg list price of $697,924 was 1.3% higher in 2009, than in 2008 ($689,007) There were 309 homes sold during 2009 (vs. 348 in 2008) Avg sold price in 2009: $589,271 (vs. $740,717) DOM: 79 (vs. 65 in 2008) LP:SP percentage: 98% (vs. 100% in 2008) Current Homes for Sale in Montclair, New...

Glen Ridge Real Estate 2009 Year in Review

Real Estate Trends in Glen Ridge NJ - 2009 Year in Review According to GSMLS records, here are some notable statistics about Real Estate sales in Glen Ridge NJ during 2009: Avg list price: $590,197 (vs. $604,493 in 2008) Avg sale price: $551,309 (vs. $591,714 in 2008) Avg DOM: 63 (2008: 65) LP:SP - 99%  (vs. 101% in 2008) Number of homes sold: 84 (vs. 115 in 2008) Homes for Sale in Glen Ridge, New...

Livingston, NJ Open House Sunday March 7th

JOIN US OPEN HOUSE SUNDAY MARCH 7TH FROM 1-4PM 49 GLENDALE AVENUE LIVINGSTON, NEW JERSEY Just a short stroll to Livingston Town Center & transportation to NYC, this classic three bedroom, two bath Bi-level is perfect for commuters.   An inviting sun-filled living room that flows into an open and spacious layout: dining room, updated kitchen & large sun room with 3 walls of windows overlooking...

Millburn Schools: SNOW DAY!!!!

  MILLBURN TOWNSHIP PUBLIC SCHOOLS Message sent - 2/9/2010 Schools Closed Tomorrow A message from Dr. Brodow, Superintendent of Schools. Please be advised that schools will be closed tomorrow due to weather. Please stay save and warm.       To listen to the above message, you will need audio software and speakers on your computer. This e-mail has been sent to you by...

Livingston Real Estate 2009 Year in Review

I am always asked: "What is so special about Livingston, NJ?" Plenty, first my husband grew up there and graduated from Livingston High School. His family still lives there as do many of my cousins. So, OK I may be partial! There are homes for sale at every price point... whether you want: single family homes,  town homes, upscale senior communities or in-town living. Livingston is ranked in the Top 20...

Millburn Real Estate 2009 Year in Review

With the 2009 real estate slump, less homes were sold in Millburn/Short Hills than the previous year (223 vs. 260). However,  Millburn/Short Hills benefits from having the # 1 High School in New Jersey In addition, the town boasts strong cultural events with the Papermill Playhouse and Metropolitan Orchestra and of course premium shopping downtown and at The Short Hills Mall. That said, the average...

Maplewood 2009 Real Estate Year in Review

I think it is fair to say that most real estate buyers and sellers are glad that 2009 is behind us. In Maplewood, NJ (07040), home prices have fallen far less than the national average. The ease of commute to New York City on the Midtown Direct train line and wonderful downtown have kept housing prices in line. Based on figures released from the Garden State MLS, 232 homes sold in Maplewood, NJ in...

Optimism for NJ Real Estate in 2010

There is optimism in the air about the NJ real estate market for 2010 as reported in The New York Times by Antoinette Martin on January 10th. ..."SO is it over? The three-year period of unrelenting home price declines: has it stopped? And is it possible that sales prices will go the other way in 2010? ...€œEvery county has its own story, said Mr. Otteau, (market analyst, whose Otteau Valuation...

First Time Home Buyer Tax Credit Extended…

IT'S OFFICIAL!!!!.... THE TAX CREDIT HAS BEEN EXTENDED AND EXPANDED Well...almost...  (President Obama still has to sign it, which he will) Per Martin Straka, Mortgage Loan Officer with Bank of America:  On Thursday afternoon (11/5/090 the House of Representatives voted to pass the legislation extending the Tax Credit and Unemployment Benefits (HR 3548).Homebuyer Tax Credit:   H.R. 3548 extends the...

2009 Housing Tax Credit Ends in Ninety Days

You only have three more months to take advantage of the 2009 Housing Tax Credit. Still Confused as to whether you qualify? There are still many opportunities to purchase an affordable home along the Midtown Direct Train line in New Jersey. If you want additional information about real estate in South Orange, Maplewood,Millburn/Short Hills, Summit, Chatham, Madison, Livingston or West Orange... Contact...

Home Buyer Tax Credit Ends Dec 1st

Did you know that the Home Buyer Tax Credit can now be used for closing costs with FHA-approved lenders? But "first-time home buyers" only have until December 1, 2009 to purchase their principal residence to take advantage of the credit. The National Association of Realtors (NAR) has a very valuable website: http://www.housingmarketfacts.com/ with easy to understand question and answers for first-time...

How is the Summit NJ Housing Market?

Thirty-eight homes have gone Under Contract in the past month in Summit, NJ... thus putting the Summit housing market about 19% behind 2008 in number of home sales pending. Average list price of the 163 homes currently on the market is $1,187,509 (6% below 2008). What are the prices of the homes selling in Summit, NJ? 8   Under $500,000 2   $501,000-$600,000 6   $601,000-$700,000 4  ...

How is the Maplewood NJ Real Estate Market?

Are you thinking of buying a home in Maplewood, NJ? Now is a great time. There are currently 140 homes for sale in Maplewood, NJ with an average list price of $526,605. But what are the prices of the homes that are selling? Of the 35 homes that went under contract in the last 30 days, the average list price was $449,494. 4   Under $200,000 6   $201,000-$300,000 5   $301,000-$400,000 7  ...

How is the Livingston NJ Real Estate Market?

The Livingston NJ Real Estate Market is Heating Up! Forty homes have gone Under Contract in the past month. The average list price of these homes is $611,694. Ten Homes are in Attorney Review with an average list price of $506,399. What does this mean for Livingston, NJ home buyers? With pretty much the same number of homes on the market as last year (158) and the average price of all homes on the market...

How is the South Orange Real Estate Market?

South Orange, NJ currently has 134 homes for sale at an average list price of $621,361. Homes have been on the market on average 98 days. So what priced homes are selling in South Orange, New Jersey? Twenty-Three homes went Under Contract in South Orange, New Jersey this past month. 3   Under $300,000 8   $301,000-$400,000 2   $401,000-$500,000 2   $501,000-$600,000 5   $601,000-$700,000 2  ...