Friday, February 27, 2015

FRESH ON THE MARKET! 143 Arrowgate Drive, Randolph

BRAND NEW TO THE MARKET! 143 Arrowgate Drive in Randolph is situated off Route 10 in the Arrowgate community.  This beautiful unit offers 3 bedrooms ; 2.5 bathrooms ; 2 car attached garage with ample driveway space.  Plenty of natural light throughout the unit paired with an open layout makes for a home you will take pride in living in as well as hosting get-togethers.  Don't let this unit get away!



National award-winners and seasoned Realtors with over many years of experience in Northern & Central New Jersey, Rahul & Smitha and their team have become New Jersey’s “Go To” agents and consistent leaders with a reputation for tenaciously protecting their clients’ interests. They specialize in Morris, Somerset, Essex, Union and Passaic Counties

Thursday, February 26, 2015

Food is where Family is.

1207 Windsor Court, Denville.
Listed at $419,000

National award-winners and seasoned Realtors with over many years of experience in Northern & Central New Jersey, Rahul & Smitha and their team have become New Jersey’s “Go To” agents and consistent leaders with a reputation for tenaciously protecting their clients’ interests. They specialize in Morris, Somerset, Essex, Union and Passaic Counties.

A Truly Stunning Townhouse

Listed at $445,000

National award-winners and seasoned Realtors with over many years of experience in Northern & Central New Jersey, Rahul & Smitha and their team have become New Jersey’s “Go To” agents and consistent leaders with a reputation for tenaciously protecting their clients’ interests. They specialize in Morris, Somerset, Essex, Union and Passaic Counties.



Sunday Open House! 2503 Vantage Court, Denville

On Sunday March 1st from 1 - 4 PM our team will be hosting TWO Open Houses, 2503 Vantage Court located within the Berkshire Hills community of  Denville is our first property.  With gorgeous sunset views and an open layout boasting plenty of high cielings and natural light this townhouse is truly a special unit. 

2503 Vantage Court offers 3 bedrooms ; 2.5 bathrooms ; and an attatched 2 car garage with ample outside parking. 


Asking: $419,000

 National award-winners and seasoned Realtors with over many years of experience in Northern & Central New Jersey, Rahul & Smitha and their team have become New Jersey’s “Go To” agents and consistent leaders with a reputation for tenaciously protecting their clients’ interests. They specialize in Morris,             Somerset, Essex, Union and Passaic Counties. 

 www.SRRealEstateGroup.com | www.MorrisHomes.com |www.TheTownhouseExpert.com |
www.NorthernJerseyRealEstate.com

Wednesday, February 25, 2015

Going LIVE later this week! Here's a sneak peak...






Our team has a listing going LIVE later this week, so we thought it would be a great idea to afford the opportunity to our loyal blog followers, a sneak peak into this lovely townhouse. 









Beautiful townhouse offering 3 bedroom, 2 1/2 bath "Ashton" Model in great location within the Arrowgate Community. Extensive upgrades thruout, custom hardwood floors, elegant Crown/Dentil Molding; custom interior. Formal Living Room & Dining Room with natural light & hardwood floors. A lovely Eat-in-Kitchen with Granite Countertops & Ceramic Tile floors opens up to the Family Room with gas fireplace & entry to private rear deck. The second level features spacious Master Bedroom Suite with a walk-in closet & Jacuzzi Master Bath. Two additional Bathrooms (all BR's with pergo-type floor) & main bath. A Finished Lower Level with recreation room includes things such as a Charmglow Natural-Gas Stove, Laundry Room (washer & dryer included) & Entry to 2-car garage. This townhouse is truly a MUST SEE!!!!                                                                                                                                                                                                             

National award-winners and seasoned Realtors with over many years of experience in Northern & Central New Jersey, Rahul & Smitha and their team have become New Jersey’s “Go To” agents and consistent leaders with a reputation for tenaciously protecting their clients’ interests. The specialize in Morris, Somerset, Essex, Union and Passaic Counties. 

The can be reached at www.SRRealEstateGroup.com | www.Morris-Homes.com |www.TheTownhouseExpert.com | www.NorthernJerseyRealEstate.com

Tuesday, February 24, 2015

Sunday 3/1/2015 : Open House 2503 Vantage Court, Denville



Our Team has new listing on the market and we wil be hosting an Open House on Sunday, March 1st 2015 from 1 - 4pm at 2503 Vantage Court in Denville.  This townhouse is located within the Berkshire Hills community and is in an absolutely fantastic location.  With gorgeous sunset views and an open layout boasting plenty of high cielings and natural light this is a special unit.
2503 Vantage Court offers 3 bedrooms ; 2.5 bathrooms ; and an attatched 2 car garage with ample outside parking.
Asking: $419,000


 National award-winners and seasoned Realtors with over many years of experience in Northern & Central New Jersey, Rahul & Smitha and their team have become New Jersey’s “Go To” agents and consistent leaders with a reputation for tenaciously protecting their clients’ interests. The specialize in Morris, Somerset, Essex, Union and Passaic Counties. 


 www.SRRealEstateGroup.com | www.MorrisHomes.com |www.TheTownhouseExpert.com |
www.NorthernJerseyRealEstate.com


Thursday, February 19, 2015

Historically, since 1972 Mortgage Rates have never been at lower levels, spark interest for buyers.


2015 is shaping up to be the year to buy, with annual mortgage rates at their lowest point since 1972.



National award-winners and seasoned Realtors with over many years of experience in Northern & Central New Jersey, Rahul & Smitha and their team have become New Jersey’s “Go To” agents and consistent leaders with a reputation for tenaciously protecting their clients’ interests. The specialize in Morris, Somerset, Essex, Union and Passaic Counties. 

The can be reached at www.SRRealEstateGroup.com | www.Morris-Homes.com |www.TheTownhouseExpert.com | www.NorthernJerseyRealEstate.com

The American Dream is alive & well for 2015, it just looks a little different from decades past.


The overall home affordability cost continues to be at historical lows as the graph below shows.



Please contact us if you are thinking of buying a home and achieving your own version of the American Dream!

Wednesday, February 18, 2015

Open House 2/22/2015: 2503 Vantage Court, Denville

Our team will be hosting an Open House on Sunday 2/22/2015 from 1 - 4pm at 2503 Vantage Court in Denville is situated within the community of Berkshire Hills and is in a fantastic location.  This unit offers 3 bedrooms, 2.5 bathrooms, and a 2 car garage.  This unit also has two decks to enjoy the outdoors plus unparalleled sunset views.  2503 Vantage also provides a fully finished basement great for entertaining or relaxing!  There will be more photos to come soon!  We hope to see meet you here on Sunday!


National award-winners and seasoned Realtors with over many years of experience in Northern & Central New Jersey, Rahul & Smitha and their team have become New Jersey’s “Go To” agents and consistent leaders with a reputation for tenaciously protecting their clients’ interests. The specialize in Morris, Somerset, Essex, Union and Passaic Counties.

The can be reached at www.SRRealEstateGroup.com | www.Morris-Homes.com | www.TheTownhouseExpert.com | www.NorthernJerseyRealEstate.com


Tuesday, February 17, 2015

Check out this great article we found regarding the 5 latest Must - Have Amenities

The 5 Latest ‘Must – Have’ Amenities of Home Shoppers
            Credit: Melissa Dittmann Tracey REALTOR MAGAZINE

In a recent survey conducted by the National Association of Home Builders and homebuilder PulteGroup they researched latest ‘Must – Have’ Amenities’ that home shoppers in the current market are seeking.  

Below is the top 5 ‘Must – Have’ amenities in demand. 

1. Walk-in closets: Large closets, particularly in the master bedroom, is among one of home shoppers’ top priorities, according to the NAHB survey of builders and remodelers. Indeed, 31 percent of 1,000 home owners recently surveyed by PulteGroup said they’d sacrifice another household feature in order to have his-and-hers closets in the master bedroom.

2. Luxurious laundry rooms: Buyers are looking for more than just a place to stick their washer and dryer. They want upgraded laundry rooms – complete with skylights, built-in ironing boards, space for folding clothes, extra storage, and upgraded appliances, according to the NAHB survey.

3. Energy efficiency: Home buyers are looking to cut utility costs, and energy efficiency appliances and products can be one way to do that. Low e-windows, Energy Star appliances, and programmable thermostats are more in demand among home shoppers.

4. Great rooms: These large open spaces that often merge dining rooms, living rooms, and kitchens continue to be in high-demand among home shoppers, according to NAHB’s poll of builders. “Great rooms are wonderful places where everyone in the family can sit around, or where the kids can do their homework while you get dinner ready,” Stephen Melman of NAHB told MainStreet. “Today’s great rooms are large, bright and just make you feel good being there.”


5. Taller first-floor ceilings: More home buyers want the first floor to stretch beyond the typical eight-foot ceiling. They’re asking builders for nine-foot ceiling heights. The taller ceilings can open up living rooms, dining rooms, and other spaces on the first floor. But home shoppers say they can do without the cathedral ceiling in the family room, which can be too costly to heat and cool. Also, they aren’t preferring the higher ceilings on the second floor, which many home buyers say they want to feel more cozy, Melman says.

Rahul and Smitha Ramchandani are a licensed real estate Broker-Salesperson/Sales Representative Team with Keller Williams in New Jersey. They are Buyer Specialists and Home Marketing Experts. Their team specializes in North Central New Jersey including towns such as BoontonChathamChesterConvent StationDenvilleEast HanoverFlorham ParkHanoverHarding Twp.MendhamMontvilleMorristownMorris PlainsMorris Twp.Mountain LakesParsippanyRandolphRockawayWhippany
www.SRRealEstateGroup.com | www.MorrisHomes.com | www.TheTownhouseExpert.com | www.NorthernJerseyRealEstate.com

Friday, February 13, 2015

501 Knollwood court, Denville


501 Knollwood court is a beautiful, upgraded end unit located within the Berkshire Hills community of Denville.  This townhouse features 2 bedrooms, 2.5 baths, a 1 car garage plus many interior upgrades that are sure to impress you!  This property is in 'Turn Key Condition' which means its move - in ready & also could be a great investment property as well.  For more information about this listing please follow the link provided.. http://morris-homes.com/vtour/Pics.asp?PN=B28  Here you will also find all of our current listings, please feel free to contact us if you have any questions or are interested in seeing one of our properties!

Have a great Valentines Weekend!

Rahul and Smitha Ramchandani are a licensed real estate Broker-Salesperson/Sales Representative Team with Keller Williams in New Jersey. They are Buyer Specialists and Home Marketing Experts. Their team specializes in North Central New Jersey including towns such as BoontonChathamChesterConvent StationDenvilleEast HanoverFlorham ParkHanoverHarding Twp.MendhamMontvilleMorristownMorris PlainsMorris Twp.Mountain LakesParsippanyRandolphRockawayWhippany
www.SRRealEstateGroup.com | www.MorrisHomes.com | www.TheTownhouseExpert.com | www.NorthernJerseyRealEstate.com




OPEN HOUSE! 20 Gordon Circle, Parsippany NJ

Happy Friday all! We would like to wish everyone a Happy Valentines weekend, our team will be hosting an Open House Sunday Feb. 14, 2015 from 1-4pm at 20 Gordon Circle in Parsippany. This unit JUST hit the market & may not be around for long so come check it out! This lovely, bright, East/West facing townhome offers 3 bedroom, 2.2 bathrooms [2 full & 2 half] and is located within the fantrastic Hunting Ridge Community.  Some of the upgraded features of the unit include: hardwood floors throughout the entire 3 levels, open layout great for entertaining & an elegant fire place... just to name a few!

For more information about this unit please follow the link below to view this unit as well as our complete display of current listings!
http://morris-homes.com/vtour/Pics.asp?PN=C67
















Rahul and Smitha Ramchandani are a licensed real estate Broker-Salesperson/Sales Representative Team with Keller Williams in New Jersey. They are Buyer Specialists and Home Marketing Experts. Their team specializes in North Central New Jersey including towns such as BoontonChathamChesterConvent StationDenvilleEast HanoverFlorham ParkHanoverHarding Twp.MendhamMontvilleMorristownMorris PlainsMorris Twp.Mountain LakesParsippanyRandolphRockawayWhippany
www.SRRealEstateGroup.com | www.MorrisHomes.com | www.TheTownhouseExpert.com | www.NorthernJerseyRealEstate.com

Thursday, February 12, 2015

Northern & Central New Jersey Real Estate Market Update


We have been seeing a strong recovery in the real estate market in our local area and with the 2015 Spring Market rite around the corner there are several telltale signs that this great recovery should continue this year as well.
 
Home Prices have Stabilized Overall
Home prices in the U.S increased by about 4.5% last year, although a slightly smaller increase that 2013 when prices nationally rose by nearly 11%, this is still a sign of price stabilization.

Job Market & Mortgage Rates
Probably the two biggest factors that support the Housing Market are the Job’s Market and Mortgage Interest rates.  As many of you have seen in the news, companies are continuing to add jobs thus lowering the unemployment rate, which has dropped to 5.6% in December of 2014 in turn causing consumer confidence to rise.  As the job market continues to improve thus increasing consumer sentiment, more home buyers (and first time home buyers) are entering the market.  Moreover Mortgage Interest rates have hit new lows with the 30 year fixed rate moving as low as 3.67%.  In addition to the increased jobs market and lower interest rates the final factor that is driving the housing recovery are the recent programs offered for Freddie Mac & Fannie Mae that would allow first – time home buyers to purchase homes with lower down payments (3% instead of the previous 5% min.)  With the cost of the FHA mortgages being reduced in turn it allows for monthly mortgage insurance premiums to be reduced.  Taking all of this into consideration we are expecting a vast increase of new home buyers who are confidently entering into the market. 

Rents Have Continued to Increase
Additionally Rental Prices, especially in our area have continued to rise. This along with the low mortgage rates along with easier mortgage availability will encourage those who were renters, to become new home buyers.

Wrapping it up
In our local market we are continuing to see homes in good location and condition selling faster, and in fact at times with multiple offers.   

It is our hope that this summary provides you with an understanding of what the current state of our local market is.  If there is anything else that we can do for you, please let us know as it would be our pleasure to assist you and answer any of your Real Estate questions.   

Rahul and Smitha Ramchandani are a licensed real estate Broker-Salesperson/Sales Representative Team with Keller Williams in New Jersey. They are Buyer Specialists and Home Marketing Experts. Their team specializes in North Central New Jersey including towns such as BoontonChathamChesterConvent StationDenvilleEast HanoverFlorham ParkHanoverHarding Twp.MendhamMontvilleMorristownMorris PlainsMorris Twp.Mountain LakesParsippanyRandolphRockawayWhippany
www.SRRealEstateGroup.com | www.MorrisHomes.com | www.TheTownhouseExpert.com | www.NorthernJerseyRealEstate.com

Wednesday, February 11, 2015

Truth behind Zillow's "Zestimates"


With internet becoming more and more prevalent in how the general public makes decisions about where to eat, find travel deals etc., it’s no surprise that nearly 80% of those in the market for a new home turn to, you guessed it, the internet to get a gauge for their individual homes value. It is very important however that you understand that the ‘Zestimates’ are often inaccurate. 

It is also important to note that this is NOT intended to be negative about what services Zillow provides.  In fact part of our marketing includes posting our client’s homes on websites such as Zillow and Trulia. 

The Take – away:  Be careful when making financial decisions based on what websites say your property is worth.  Much data is based on averages, and if there are lower priced properties in the same Zip Code, then that could cause an inaccurate assessment of your properties value. 

We hope that this information is helpful and please let us know if you have any other questions about the current market we are in. 

Our goal is to provide property owners with information necessary to make accurate financial decisions, so please give our expert team a call for an evaluation of your properties most current value.  

Rahul and Smitha Ramchandani are a licensed real estate Broker-Salesperson/Sales Representative Team with Keller Williams in New Jersey. They are Buyer Specialists and Home Marketing Experts. Their team specializes in North Central New Jersey including towns such as BoontonChathamChesterConvent StationDenvilleEast HanoverFlorham ParkHanoverHarding Twp.MendhamMontvilleMorristownMorris PlainsMorris Twp.Mountain LakesParsippanyRandolphRockawayWhippany
www.SRRealEstateGroup.com | www.MorrisHomes.com | www.TheTownhouseExpert.com | www.NorthernJerseyRealEstate.com

Tuesday, February 10, 2015

5 tips to protect your home from water hazards


Here is some useful advice individuals should consider when it comes to protecting their property from the destruction of excess water. A storm does not necessarily have to grow to the caliber of “Katrina” or “Sandy” while still destroying basements, foundations, roofs, and interiors that seemed to be protected from the elements.  The average water damage between 2008 and 2014 for a worst – case flood totaled more than $38,000, according to National Flood Insurance Program data. 
1.      Block Water From Entry Points:
·         Roof shingles should be checked occasionally to ensure there are no curling shingles or rusted nails which can be an indicator of some damage already existing.
·         Gutters & downspouts should be checked/cleaned periodically and downspouts should be checked that they have the correct pitch. [meaning that they allow water to be dispersed a safe distance away from the home and its foundation]
·         Windows & Doors with broken glazing will most likely allow moisture in and should be repaired or replaced.
·         Foundations, basement floors, and cracked walls are also sources of excess water influx.
2.      Put in a Second Line of Defense:
·         Sump pumps collects water then send it away and should be cleaned periodically to prevent buildup of silt waste which comes from yard waste.
·         French drains gather water along the perimeter of a home and then direct it to the sump pump.  
·         Interior drain tiles help to direct water that gathers under the floor & pumps it out.
·         Boilers & Furnaces should be elevated off the floor to prevent them from being flooded.
·         Window wells should drain properly and be accessible for the removal of debris. 
3.      Buy the Right Insurance:
·         Whether or not you live in a ‘flood-zone’ you should understand the importance of why having the rite coverage is important.
·         It might be wise for others who live near water, whether a creek or an ocean, to consider purchasing some sort of flood insurance coverage. 
·         Perhaps look into a policy that covers all possibilities including “sudden water damage”.
4.      Act Fast if Water Pours in:
·         It is important to note that water damage should be dealt with IMMEDIATELY to avoid more costly issues. Time is your greatest enemy, don’t wait!
·         Turn off pipes once water starts flowing.
·         Call a damage restoration company; they can advise you where the water has gone, where it’s headed, and even help stop the flow completely.
·         Prioritize people & pets, never touch any wires, the importance here is to get your family & pets to safety.
5.      Protect Your Pipes:
·         Insulated pipes do not freeze or burst in cold weather.  Remember master water valves should be turned off at a vacation home or in your residence if you happen to leave your home and travel somewhere warmer for a short period of time.

·         Open cabinet doors to allow in warmer air and let your faucets drip, both of these techniques held prevent freezing if the temperatures become frigid. 

Rahul and Smitha Ramchandani are a licensed real estate Broker-Salesperson/Sales Representative Team with Keller Williams in New Jersey. They are Buyer Specialists and Home Marketing Experts. Their team specializes in North Central New Jersey including towns such as BoontonChathamChesterConvent StationDenvilleEast HanoverFlorham ParkHanoverHarding Twp.MendhamMontvilleMorristownMorris PlainsMorris Twp.Mountain LakesParsippanyRandolphRockawayWhippany
www.SRRealEstateGroup.com | www.MorrisHomes.com | www.TheTownhouseExpert.com | www.NortherJerseyRealEstate.com