Jan to March 2013 Sales Report - Morris County New Jersey Real Estate Recent House Sales

Morris County Home Sales from January 1, 2013 to March 1, 2013: Check out what's been selling in your neighborhood!

Town	Address	Bed	Bath	Garage	Sales Price	List Price
Boonton	326 Powerville Road	5	4.1	7	$935,000	$999,888
Boonton	23 River Rd	3	2.1	2	$485,000	$500,000
Boonton	326 Reserve St	4	2.1	2	$475,000	$512,500
Boonton	206 TONER ROAD	4	2.1	2	$444,000	$450,000
Boonton	470 Morris Ave	4	1.1	2	$365,000	$399,000
Boonton	444 Cornelia St	3	1.1	1	$355,000	$359,000
Boonton	127 Oxford Ave	5	2.0	0	$250,000	$259,900
Boonton	521 Boyd St	2	1.0	0	$210,000	$229,000
Boonton	208 Liberty St	3	2.0	1	$185,000	$189,000
Butler	23 HALINA LN	3	2.1	1	$395,000	$429,000
Butler	95 Kakeout Rd	3	2.1	2	$305,000	$299,900
Butler	65 High St	5	3.0	2	$265,000	$260,000
Butler	1 Ogden Ter	3	1.0	1	$230,000	$245,000
Butler	19 Cascade Way	3	2.0	2	$212,000	$235,000
Chatham	22 Brentwood Rd	5	5.1	3	$1,765,000	$1,875,000
Chatham	4 Johnson Dr	6	6.1	2	$1,625,000	$1,795,000
Chatham	7 Tree Top Ln	5	3.1	3	$1,397,500	$1,449,000
Chatham	12 Thornley Dr	5	3.1	2	$1,375,000	$1,425,000
Chatham	15 Amherst Rd	4	2.1	2	$1,270,000	$1,385,000
Chatham	33 Inwood Rd	5	3.1	1	$1,152,000	$1,125,000
Chatham	11 Huron Dr	5	2.2	2	$999,000	$1,050,000
Chatham	67 Johnson Dr	5	3.1	2	$975,000	$999,999
Chatham	105 Center Ave	4	2.2	1	$900,000	$899,000
Chatham	33 Mitchell Ave	4	2.1	2	$855,000	$899,000
Chatham	418 Fairmount Ave	5	2.1	2	$845,000	$895,000
Chatham	204 Watchung Ave	5	2.1	1	$795,000	$839,000
Chatham	44 Runnymede Rd	3	2.0	2	$785,000	$775,000
Chatham	37 Lisa Dr	4	3.1	2	$765,000	$799,000
Chatham	38 Edgewood Rd	3	1.2	1	$705,000	$719,900
Chatham	51 Meadowbrook Rd	4	2.0	1	$685,750	$650,000
Chatham	132 Ormont Rd	4	3.0	2	$685,000	$699,000
Chatham	15 Woodland Rd	4	2.0	1	$558,000	$565,000
Chatham	51 Tallmadge Ave	4	2.0	1	$553,000	$599,000
Chatham	8 N Summit Ave	3	2.0	1	$546,000	$545,900
Chatham	228 Shunpike Rd	3	2.0	1	$525,000	$539,900
Chatham	191 WATCHUNG AVENUE	3	1.1	0	$517,500	$539,000
Chatham	36 Kings Rd	5	2.1	2	$507,500	$519,000
Chatham	62 S Passaic Ave	4	2.0	2	$497,500	$549,000
Chatham	43 Woodlawn Dr	3	2.0	2	$482,900	$484,900
Chatham	34 Minton Ave	3	2.0	1	$478,000	$500,000
Chatham	94 N Summit Ave	3	1.1	1	$435,000	$469,000
Chatham	87 Watchung Ave	4	2.0	1	$370,000	$360,000
Chester	5 Barberry Row	5	4.1	3	$1,240,000	$1,269,000
Chester	2 Peach Tree Ln	5	4.3	3	$1,100,000	$999,900
Chester	3 Luce Ct	4	4.1	3	$1,062,500	$1,099,000
Chester	297 Longview Rd	4	3.1	3	$999,999	$1,050,000
Chester	19 Spring Lake Dr	4	4.1	3	$960,000	$990,000
Chester	1 Craig Ln	4	4.1	3	$875,000	$925,000
Chester	28 Cowie Rd	4	3.1	2	$800,000	$815,000
Chester	12 CHESTNUT DR	4	2.1	2	$710,000	$799,900
Chester	38 Mile Dr	4	3.1	2	$665,000	$680,000
Chester	18 Old Forge Rd	4	2.1	2	$525,000	$549,990
Chester	17 FARM RD	4	3.0	2	$485,000	$499,000
Chester	14 Schoolhouse Ln	3	2.0	1	$355,000	$359,500
Denville	1 BROWN TERRACE	5	4.1	3	$1,200,000	$1,280,000
Denville	28 Old Boonton Rd	4	3.2	3	$1,145,000	$1,200,000
Denville	24 Cambridge Ave	4	2.2	3	$685,000	$700,000
Denville	24 Seneca Trl	4	3.0	1	$535,000	$550,000
Denville	158 Shongum Rd	4	3.0	2	$455,000	$462,000
Denville	25 Ridgewood Pkwy W	4	2.1	2	$419,000	$449,000
Denville	114 Florence Ave	3	2.1	1	$369,100	$369,000
Denville	27 Chestnut Hill Dr E	3	1.1	1	$318,500	$325,000
Denville	24 Woodland Rd	3	2.0	0	$275,000	$299,900
Denville	3 Audubon Dr	3	1.1	1	$275,000	$299,999
Denville	193 Franklin Rd	4	2.1	1	$271,000	$249,500
Denville	76 TOMAHAWK TRAIL	3	1.1	1	$235,000	$255,000
Denville	16 Merrie Trl	2	1.0	2	$230,000	$245,000
Denville	96 Summit Dr	2	1.0	2	$214,900	$214,900
Denville	421 FRANKLIN ROAD	2	1.0	2	$165,000	$199,900
Denville	221 Diamond Spring Rd	2	1.0	0	$95,000	$155,000
East Hanover	21 Silver Spring Ct	4	3.2	2	$836,000	$835,000
East Hanover	185 S Ridgedale Ave	6	3.0	3	$500,000	$525,000
East Hanover	142 S Ridgedale Ave	4	2.0	2	$350,000	$350,000
Florham Park	157 Summit Rd	5	8.0	3	$1,550,000	$1,695,000
Florham Park	10 BEACON HILL RD	6	6.1	3	$1,450,000	$1,499,900
Florham Park	34 LAKEVIEW AVE	6	6.1	3	$1,400,000	$1,400,000
Florham Park	3 Rosemont Hills Dr	4	3.3	3	$1,400,000	$1,425,000
Florham Park	9 DEERFIELD DR	5	5.1	2	$1,137,500	$1,099,000
Florham Park	3 Willow Way	5	4.0	2	$850,000	$909,000
Florham Park	24 BROOKLAKE RD	4	2.1	2	$836,000	$869,000
Florham Park	3 Roosevelt Blvd	5	3.1	2	$680,000	$699,900
Florham Park	14 Harvale Dr	4	2.1	2	$562,000	$599,750
Florham Park	104 Edgewood Dr	4	2.0	1	$520,000	$539,900
Florham Park	41 Riverside Dr	0	0.0	0	$500,000	$575,000
Florham Park	52 W End Ave	3	2.0	1	$470,000	$479,500
Florham Park	241 Brooklake Rd	4	1.1	2	$408,500	$408,500
Hanover Twp	25 Forest Way	5	3.0	2	$700,000	$705,000
Hanover Twp	5 Lexington Ct	4	3.1	2	$600,000	$600,000
Hanover Twp	30 Fieldstone Dr	3	2.1	2	$495,000	$495,000
Hanover Twp	40 Countrywood Dr	4	3.1	2	$480,000	$495,000
Hanover Twp	9 Leamoor Dr	4	2.1	2	$475,000	$520,000
Hanover Twp	65 KEARNEY AVENUE	4	2.0	1	$444,000	$449,888
Hanover Twp	98 Louis St	3	3.0	2	$425,000	$425,000
Hanover Twp	9 Berkshire St	3	2.1	2	$400,000	$409,000
Hanover Twp	12 John St	4	3.0	1	$390,000	$399,900
Hanover Twp	316 Malapardis Rd	4	1.2	2	$387,500	$399,999
Hanover Twp	124 WILSON PL	3	2.0	3	$375,000	$399,990
Hanover Twp	24 HANOVER AVE	3	2.0	1	$370,000	$375,000
Hanover Twp	180 Ridgedale Ave	3	3.0	0	$365,000	$385,000
Hanover Twp	5 Korda Pl	2	1.1	1	$330,000	$369,000
Hanover Twp	8 Parker Ave	3	1.1	1	$275,000	$290,000
Harding Twp	36 WOODLAND RD	7	6.2	4	$2,250,000	$2,699,000
Kinnelon	208 KINNELON RD	5	3.0	2	$745,000	$750,000
Kinnelon	396 SKI TRL	6	6.2	2	$700,000	$735,000
Kinnelon	358 Kinnelon Rd	3	1.0	3	$515,000	$599,900
Kinnelon	25 Chilhowie Dr	4	3.0	2	$470,000	$499,000
Kinnelon	2 Tamarack Dr	4	2.2	2	$438,000	$459,999
Kinnelon	3 Juniper Trl	1	1.1	0	$270,000	$299,900
Kinnelon	7 Toboggan Trl	1	1.0	1	$234,000	$270,000
Long Hill	30 Leprechaun Dr	4	2.1	2	$760,000	$799,000
Long Hill	502 High St	4	2.1	2	$605,000	$615,000
Long Hill	79 Johnson Ave	5	2.1	2	$529,000	$529,000
Long Hill	76 PLAINFIELD RD	4	2.1	2	$475,000	$499,900
Long Hill	78 Cross Hill Rd	3	2.1	2	$470,000	$479,000
Long Hill	862 Long Hill Rd	3	2.0	2	$430,000	$435,000
Long Hill	18 Cottage Pl	3	2.0	1	$425,000	$449,900
Long Hill	488 Mountain Ave	3	2.0	1	$419,000	$419,000
Long Hill	24 Northfield Rd	3	2.0	1	$410,000	$425,000
Long Hill	17 Norwood Dr	4	2.0	2	$392,500	$395,000
Long Hill	29 Rolling Hill Dr	3	2.1	2	$375,000	$399,900
Long Hill	230 BUNGALOW TER	2	1.1	0	$285,000	$299,000
Madison	40 PARK LANE	5	3.1	2	$1,469,500	$1,499,000
Madison	15 Olde Greenhouse Ln	5	4.1	3	$1,340,000	$1,400,000
Madison	309 Woodland Rd	5	3.1	2	$1,100,000	$1,100,000
Madison	149 Green Village Rd	5	4.0	2	$880,000	$900,000
Madison	21 Maple Ave	4	3.1	0	$877,500	$898,000
Madison	38 Wayne Blvd	4	2.1	1	$760,000	$815,000
Madison	150 RIDGEDALE AVE	4	2.1	1	$695,000	$719,900
Madison	32 Woodland Rd	3	2.0	2	$646,000	$679,000
Madison	28 Orchard St	5	2.1	0	$574,000	$574,000
Madison	17 Avon Dr	4	2.1	1	$485,500	$524,900
Madison	6 Hunter Dr	4	3.0	2	$455,000	$450,000
Madison	25 Rosemont Ave	3	1.1	1	$410,000	$424,900
Mendham	2 Carriage Hill Dr	4	3.2	2	$885,000	$949,000
Mendham	311 Mendham Rd W	5	4.2	3	$842,500	$849,900
Mendham	1 Glenbrook Dr	4	4.1	3	$755,000	$779,000
Mendham	59 Lowery Ln	4	2.1	2	$750,000	$769,000
Mendham	2 Overlook Ln	5	3.1	0	$737,550	$799,999
Mendham	81 Talmage Rd	4	3.1	3	$700,000	$710,000
Mendham	10 Brookfield Way	3	2.1	2	$599,000	$599,999
Mendham	6 Roxiticus Rd	4	3.1	2	$562,000	$599,000
Mendham	31 W MAIN ST	3	2.0	2	$500,000	$519,900
Mendham	15 HILLTOP CIR	4	2.0	2	$417,500	$449,500
Mendham	28 Cold Hill Rd	2	1.1	2	$305,000	$315,000
Mendham	22 W Main St	2	1.0	0	$255,000	$270,000
Montville	1 BRIARCLIFF RD	5	5.1	3	$1,610,000	$1,695,000
Montville	6 Masar Rd	5	5.1	3	$1,350,000	$1,598,800
Montville	36 JAROMBEK DRIVE	5	3.1	3	$990,000	$1,200,000
Montville	35 Stony Brook Rd	4	3.1	2	$962,000	$999,900
Montville	2 Mason Pl	5	3.1	3	$925,000	$974,950
Montville	3 CLOUD DR	5	5.1	3	$800,000	$888,000
Montville	4 Timber Dr	5	3.0	2	$797,000	$828,800
Montville	8 Kokora Ave	4	2.1	2	$735,000	$749,900
Montville	66 DOUGLAS DRIVE	5	3.1	2	$675,000	$714,900
Montville	4 Weiss Dr	4	2.1	2	$650,000	$575,000
Montville	29 Manchester Way	5	3.0	2	$560,000	$575,000
Montville	1 Gregory Dr	4	2.1	2	$541,000	$559,000
Montville	2 LONGVIEW DR	4	2.1	2	$530,000	$570,000
Montville	5 John Henry Dr	4	2.1	1	$530,000	$549,900
Montville	6 Glen View Rd	5	4.0	2	$525,000	$549,900
Montville	81 Passaic Valley Rd	3	2.5	2	$416,000	$439,000
Montville	4 Tumbling Brook Dr	4	2.0	2	$400,000	$419,900
Montville	30 Boonton Ave	3	3.0	2	$380,000	$400,000
Montville	19 Highland Ave	4	2.1	0	$355,000	$378,000
Montville	3 Glen View Rd	3	2.0	2	$345,000	$369,000
Montville	14 Waughaw Rd	4	2.0	1	$338,500	$350,000
Montville	10 LANCASTER AVENUE	3	2.0	2	$310,000	$369,000
Montville	20 Oklahoma Ave	3	0.1	2	$225,000	$275,000
Montville	24 FOREST PL	2	1.0	0	$222,000	$239,000
Morris Plains	45 Lakeview Dr	4	3.0	1	$525,000	$549,000
Morris Plains	19 Beech Dr	4	2.1	2	$462,500	$470,000
Morris Plains	95 Sun Valley Way	4	3.0	2	$430,000	$450,000
Morris Plains	12 Franklin Pl	3	2.1	0	$383,750	$399,000
Morris Plains	10 Mayfair Rd	4	2.0	0	$360,000	$389,800
Morris Plains	38 Overlook Trl	3	1.1	2	$345,000	$365,000
Morris Plains	24 Dayton Rd	3	2.0	1	$327,500	$325,000
Morris Plains	12 Maple Ave	2	1.0	1	$275,000	$289,800
Morris Twp	8 WESTMINISTER PL	4	4.1	3	$1,660,000	$1,485,000
Morris Twp	18 Glimpsewood Ln	5	4.1	2	$899,000	$899,000
Morris Twp	19 Lord William Penn Dr	5	3.0	2	$850,000	$899,000
Morris Twp	11 Alvord Rd	5	4.1	2	$799,000	$799,000
Morris Twp	21 Hawthorne Ct	5	3.1	3	$780,000	$799,000
Morris Twp	1 Barberry Rd	4	2.1	2	$640,000	$649,000
Morris Twp	37 Harwich Rd	4	3.1	2	$640,000	$649,000
Morris Twp	50 Skyline Dr	4	2.1	2	$627,000	$649,900
Morris Twp	35 Knollwood Dr	4	2.1	2	$585,000	$600,000
Morris Twp	61 SKYLINE DR	4	3.1	2	$575,000	$579,900
Morris Twp	19 Sunderland Dr	4	2.1	2	$555,000	$579,000
Morris Twp	51 North Star Dr	4	2.1	2	$530,000	$545,000
Morris Twp	280 Western Ave	4	2.1	2	$520,000	$529,000
Morris Twp	1 Edgehill Ave	3	2.1	2	$510,000	$519,900
Morris Twp	23 STARTLIGHT DRIVE	4	2.1	2	$489,000	$489,000
Morris Twp	37 Brookfield Way	3	2.1	1	$437,000	$450,000
Morris Twp	81 Hillcrest Ave	4	2.1	2	$415,000	$425,000
Morris Twp	7 Wood Rd	3	1.1	2	$400,000	$419,000
Morris Twp	27 Kennedy Rd	4	2.0	1	$390,000	$410,000
Morris Twp	6 Raymond Rd	3	1.0	1	$360,000	$359,000
Morris Twp	364 South St	4	2.0	2	$280,000	$279,000
Morris Twp	16 CORY RD	3	1.0	1	$175,000	$175,000
Morristown	43 Georgian Rd	3	1.2	2	$460,000	$479,800
Morristown	34 Harding Ter	3	2.1	1	$430,000	$449,000
Morristown	2 Max Dr	4	2.0	2	$375,000	$380,000
Morristown	11 Willard Pl	3	2.0	1	$347,000	$364,900
Morristown	43 James St	3	2.1	0	$257,500	$275,000
Morristown	19 ORCHARD ST	3	2.0	2	$215,000	$249,000
Morristown	108 James St	4	2.1	2	$215,000	$239,000
Morristown	26 COBB PL	3	2.1	1	$205,000	$229,900
Morristown	43 LAKE RD	3	1.0	1	$190,000	$205,000
Morristown	24 Cottage Pl	3	1.0	0	$186,520	$190,000
Morristown	55 Hillairy Ave	4	2.0	1	$165,000	$200,000
Morristown	31 Phoenix Ave	3	1.0	0	$110,000	$150,000
Mount Arlington	28 COVE RD	4	4.0	0	$485,000	$539,000
Mount Olive	7 Fieldcrest Dr	4	2.1	3	$529,900	$529,000
Mount Olive	21 Woodcrest Ave	4	2.1	2	$465,000	$474,900
Mount Olive	215 Flanders Netcong Rd	4	2.1	2	$405,000	$399,000
Mount Olive	56 Connelly Ave	4	2.1	2	$350,000	$350,000
Mount Olive	49 NETCONG RD	4	2.1	2	$335,000	$349,000
Mount Olive	9 Green Hill Rd	4	2.1	2	$330,000	$330,000
Mount Olive	2 Pershing Ave	4	2.1	2	$321,000	$349,900
Mount Olive	93 River Rd	3	2.1	2	$284,000	$289,000
Mount Olive	32 Bartley Rd	3	1.0	4	$280,000	$295,000
Mount Olive	71 Deer Path Dr	4	2.0	2	$275,000	$285,000
Mount Olive	9 Glenside Dr	3	1.1	1	$268,750	$279,000
Mount Olive	9 Fairmount Road	4	1.1	2	$261,000	$279,900
Mount Olive	6 Lee Ct	4	2.1	1	$247,500	$259,000
Mount Olive	30 Mount Olive Rd	3	1.0	2	$230,000	$237,000
Mount Olive	33 Lake Shore Dr	4	2.1	1	$224,000	$254,500
Mount Olive	29 Falcon Dr	4	2.1	2	$210,000	$227,900
Mount Olive	112 Sand Shore Rd	4	2.0	1	$207,000	$238,000
Mount Olive	143 Smithtown Rd	2	2.1	2	$160,000	$185,000
Mount Olive	31 Woodsedge Ave	3	1.0	0	$145,000	$155,000
Mountain Lakes	11 N POCONO RD	6	3.2	2	$1,650,000	$1,800,000
Mountain Lakes	317 Morris Ave	5	3.1	0	$725,000	$740,000
Mountain Lakes	330 Morris Ave	4	3.0	1	$682,500	$719,000
Parsippany	114 Carlton Dr	4	2.1	2	$730,000	$735,000
Parsippany	17 Delbrook Rd	5	3.0	2	$689,000	$697,000
Parsippany	136 Seasons Glen Dr	4	2.1	2	$670,000	$699,999
Parsippany	460 S BEVERWYCK RD	7	2.1	3	$650,000	$679,000
Parsippany	77 Erica Way	4	2.1	2	$650,000	$654,000
Parsippany	229 Powder Mill Rd	4	2.1	3	$635,000	$675,000
Parsippany	12 Fox Run	5	2.1	2	$567,678	$599,900
Parsippany	4 Heather Way	4	2.1	2	$535,000	$560,000
Parsippany	22 Clairview Rd	4	2.1	2	$510,000	$509,000
Parsippany	18 Wynwood Dr	4	2.1	2	$505,000	$525,000
Parsippany	37 Pondview Rd	5	3.1	2	$490,000	$509,000
Parsippany	19 Long Ridge Rd	4	3.0	2	$481,000	$485,000
Parsippany	30 Pondview Rd	4	2.2	2	$475,000	$498,000
Parsippany	546 Old Dover Rd	4	3.2	4	$470,000	$499,000
Parsippany	3 Ferndale Dr	5	3.0	2	$435,000	$449,900
Parsippany	21 Carlson Pl	4	2.1	1	$428,500	$459,000
Parsippany	5 Colonial Ter	4	2.0	2	$425,000	$439,900
Parsippany	45 Long Ridge Rd	4	2.1	2	$410,050	$449,000
Parsippany	83 Brooklawn Dr	3	2.1	2	$407,500	$419,900
Parsippany	2 CAMELOT WAY	4	2.1	2	$387,700	$379,900
Parsippany	5 Peach Tree Court	6	3.0	2	$385,000	$419,000
Parsippany	43 Circle Dr	3	2.1	2	$385,000	$385,000
Parsippany	36 F Huston Taylor Ct	2	2.1	1	$384,000	$394,900
Parsippany	12 S Roosevelt Ave	4	2.1	2	$356,000	$345,000
Parsippany	12 Fletcher Pl	3	2.0	0	$345,000	$349,000
Parsippany	40 Centerton Dr	4	2.0	1	$325,000	$334,500
Parsippany	3 PAWNEE AVE	3	2.0	1	$317,000	$321,000
Parsippany	187 Lake Shore Dr	3	2.0	1	$314,000	$333,900
Parsippany	50 Barnsboro Rd	3	1.0	1	$285,000	$275,000
Parsippany	54 Madison Ave	4	1.0	1	$284,000	$294,900
Parsippany	6 Spurr Rd	3	2.1	1	$260,000	$299,900
Parsippany	100 Longview Ave	3	1.1	0	$225,000	$245,000
Parsippany	6 Maple Ln	2	1.0	0	$185,000	$189,000
Parsippany	38 Oneida Ave	3	2.0	0	$163,000	$175,000
Parsippany	137 Hiawatha Blvd	2	1.0	0	$155,000	$180,000
Randolph	27 GRISTMILL RD	4	2.1	3	$790,000	$799,900
Randolph	33 Sweetwood Dr	5	2.1	3	$743,000	$759,000
Randolph	11 Diane Ct	4	2.1	3	$725,000	$725,000
Randolph	29 Morey Ln	4	2.1	2	$680,000	$717,000
Randolph	1 Sweetwood Dr	5	3.0	2	$619,500	$639,900
Randolph	17 Edinburgh Dr	4	2.1	2	$618,000	$629,900
Randolph	168 W Hanover Ave	4	2.1	2	$530,000	$579,900
Randolph	8 LOOKOUT ROAD	4	2.1	2	$515,000	$549,900
Randolph	91 Fernia Dr	4	2.1	2	$500,000	$515,000
Randolph	125 Morris Tpke	4	3.0	2	$445,000	$469,000
Randolph	20 Drake Ct	3	2.1	2	$443,000	$459,900
Randolph	5 Sandy Ln	4	2.1	2	$420,000	$450,000
Randolph	14 Overlook Ave	4	2.0	2	$411,500	$424,500
Randolph	35 HARMONY ROAD	3	2.0	2	$375,000	$379,900
Randolph	62 High Ave	3	1.0	1	$309,000	$319,000
Randolph	59 Dover Chester Rd	4	2.1	1	$285,000	$299,900
Randolph	1226 SUSSEX TPKE	4	3.2	2	$280,000	$280,000
Randolph	63 Quaker Church Rd	3	1.1	1	$238,000	$249,900
Randolph	30 PLEASANT HILL ROAD	2	1.0	0	$141,000	$169,000
Randolph	56 Davis Ave	2	1.0	1	$120,000	$174,900
Riverdale	26 Windbeam Rd	2	1.0	0	$289,000	$299,900
Riverdale	47 Fernwood Crescent	2	1.0	1	$132,500	$125,000
Rockaway	46 Fernwood Rd	4	2.1	2	$497,000	$525,000
Rockaway	102 Berkshire Ave	4	2.1	2	$474,000	$479,900
Rockaway	8 Sioux Ave	4	2.1	1	$362,500	$369,900
Rockaway	19 Timberbrook Rd	4	3.0	2	$361,000	$359,900
Rockaway	6 MILLER	4	2.1	0	$347,100	$349,000
Rockaway	468 Herrick Dr	4	3.0	1	$345,000	$350,000
Rockaway	16 Wichita Ave	3	2.0	1	$317,500	$320,000
Rockaway	34 ST BERNARDS RD	2	2.0	3	$313,000	$350,000
Rockaway	52 Hibernia Rd	3	2.0	2	$307,500	$312,000
Rockaway	6 Lakeview Rd	3	2.0	1	$305,000	$329,000
Rockaway	126 Highview Ter	3	2.0	0	$305,000	$319,999
Rockaway	11 Osage Rd	3	1.1	1	$304,000	$319,000
Rockaway	79 Hill St	3	1.2	1	$299,000	$299,000
Rockaway	54 Upper Mountain Ave	3	1.1	1	$280,000	$287,500
Rockaway	15 White Meadow Rd	4	1.1	1	$277,000	$278,500
Rockaway	45 Omaha Ave	5	1.1	0	$269,999	$269,999
Rockaway	158 W Lake Shore Dr	3	2.0	1	$230,000	$239,900
Rockaway	15 Woodland Ave	3	1.1	1	$229,000	$240,000
Rockaway	119 Church St	4	1.1	2	$224,000	$259,000
Rockaway	9 BALCHEN WAY	2	2.0	0	$208,500	$210,000
Rockaway	180 Mt Pleasant Ave	3	3.0	2	$208,000	$299,000
Rockaway	62 Stephen Pl	3	2.0	0	$180,000	$180,000
Rockaway	1 W Lincoln Ave	3	2.0	2	$174,900	$174,900
Rockaway	142 Highview Ter	3	1.1	0	$172,500	$175,000
Rockaway	290 MT HOPE AVE	2	1.0	1	$140,000	$165,000
Rockaway	123 Halsey Ave	3	1.0	0	$100,000	$99,900
Rockaway	982 Green Pond Rd	3	1.0	0	$99,000	$125,000
Roxbury	16 Rawlings Ct	4	2.1	3	$530,000	$559,900
Roxbury	1 Hemingway Dr	4	3.1	3	$505,000	$510,000
Roxbury	7 Rawlings Ct	4	2.1	2	$480,200	$489,000
Roxbury	22 Parkview Dr	5	2.1	2	$450,000	$474,900
Roxbury	15 Earhart Dr	4	2.1	2	$450,000	$449,000
Roxbury	7 Pleasant Village Dr	4	2.1	2	$426,000	$419,900
Roxbury	2 Lindbergh Ln	4	2.1	2	$390,000	$425,000
Roxbury	52 Reger Rd	4	2.1	2	$389,500	$414,000
Roxbury	4 Regina Rd	4	3.1	2	$385,000	$389,999
Roxbury	11 Picardy Rd	4	2.1	2	$380,000	$389,000
Roxbury	17 High St	4	2.1	1	$353,000	$353,900
Roxbury	6 Thor Dr	4	2.0	2	$338,000	$359,900
Roxbury	47 S Hillside Ave	4	2.1	2	$334,000	$365,000
Roxbury	15 Eyland Pl	3	2.1	1	$329,200	$349,000
Roxbury	208 South Hillside Ave	4	2.0	2	$325,000	$349,900
Roxbury	82 Emmans Rd	4	3.0	2	$315,000	$329,000
Roxbury	503 Main St	4	3.0	2	$315,000	$319,000
Roxbury	5 Sunset Lane	4	2.0	2	$312,000	$324,900
Roxbury	18 Oneida Ave	3	3.0	0	$290,000	$298,000
Roxbury	547 Rogers Dr	4	2.0	1	$284,000	$299,900
Roxbury	26 W Circuit Dr	4	2.1	2	$273,200	$314,900
Roxbury	19 Walker Ave	3	2.0	1	$250,000	$269,900
Roxbury	524 Edith Rd	3	2.0	1	$245,500	$249,900
Roxbury	507 Benson Pl	3	3.0	1	$238,000	$249,900
Roxbury	4 Vail Rd	3	2.0	1	$233,000	$233,000
Roxbury	537 Rogers Dr	2	1.0	1	$195,000	$214,000
Roxbury	7 S. Hillside Ave.	2	1.0	2	$185,000	$199,900
Roxbury	37 Whisper Way E	1	1.0	1	$175,000	$175,000
Roxbury	113 Mt Arlington Blvd	3	1.1	1	$125,000	$174,900

Jan to March 2013 Sales Report- Morris County New Jersey Real Estate Recent House Sales - Morristown, Madison, Chatham, Denville, Randolph, Parsippany, Rockaway, Hanover, East Hanover, Montville, Morris Plains, Morris Township, Florham Park, Roxbury, Butler, Lincoln Park, Morris Twp., Mount Arlington, Mount Olive, Riverdale, Whippany, Washington Twp., New Jersey Real Estate

Smitha Ramchandani is a licensed real estate Broker-Salesperson with Keller Williams in New Jersey. She is a Buyer Specialist and a Home Marketing Expert.. You can reach Smitha and her team online at: http://www.Morris-Homes.com.  
Smitha and her team specialize in all Morris County Towns such as Boonton, Chatham, Chester, Convent Station,Denville, East Hanover, Florham Park,  Hanover, Harding Twp., Mendham, Montville, Morristown, Morris Plains, Morris Twp., Mountain Lakes, Parsippany, Randolph,  Rockaway, Whippany

The Time to Buy is Now–Statistics Suggest it is Becoming a Seller’s Market!

With continuously low interest rates, now is an opportune time to buy for owner occupants and investors. This recent Realtor.com article suggests that home prices on average are rising while inventory remains steady which translates to higher demand for homes and more instances of multiple bidding. In a seller’s market, owners are able to be more selective about which offers to accept and may have more negotiating power. Buyers looking to take advantage of the rates should consider purchasing before the market becomes more favorable for sellers.

From the article:
Existing-home sales edged up in January, while a seller's market is developing and home prices continue to rise steadily above year-ago levels, according to the National Association of Realtors^®. Sales rose in every region but the West, which is the region most constrained by limited inventory.
Lawrence Yun, NAR chief economist, said tight inventory is a major factor in the market. "Buyer traffic is continuing to pick up, while seller traffic is holding steady," he said. "In fact, buyer traffic is 40 percent above a year ago, so there is plenty of demand but insufficient inventory to improve sales more strongly. We've transitioned into a seller's market in much of the country."

Here are some interesting, relevant statistics from the article:

• The national median existing-home price for all housing types was $173,600 in January, up 12.3 percent from January 2012, which is the 11th consecutive month of year-over-year price increases
• According to Freddie Mac, the national average commitment rate for a 30-year, conventional, fixed-rate mortgage rose to 3.41 percent in January from a record low 3.35 percent in December
• Single-family home sales increased 0.2 percent to a seasonally adjusted annual rate of 4.34 million in January from 4.33 million in December
• Existing condominium and co-op sales rose 1.8 percent to an annualized pace of 580,000 in January from 570,000 in December
• Regionally, existing-home sales in the Northeast increased 4.8 percent to an annual rate of 650,000 in January and are 12.1 percent above January 2012. The median price in the Northeast was $230,500, up 2.4 percent from a year ago

As you can see, buyers are still in a good position, but the market may be swinging the other way towards sellers. If you’re a first time buyer, are up-or-downsizing, or are looking for an investment property, or just need more info, let us be of service! Give us a call at 973-775-9646 or e-mail us at team@morris-homes.com today. We look forward to serving you!


These real estate tip excerpts brought to you by Realtor.org. You should not treat any opinion expressed here as a specific inducement to follow a particular real estate strategy, but only as an expression of opinion.  SR Real Estate Group does not guarantee and is not responsible for the accuracy or completeness of information, and provides said information without warranties of any kind.  All information presented herein is intended and should be used for educational purposes only.  You should always conduct your own research and due diligence and obtain personalized professional advice before making any decision. SR Real Estate Group and Keller Williams Realty, Inc., will not be liable for any loss or damage caused by your reliance on information contained in this blog.

Original article can be found here: Link


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 a Home Marketing Experts. You can reach Smitha and Rahul and their team online at: http://www.Morris-Homes.com, http://www.SRRealEstateGroup.com, andhttp://www.TheTownhouseExpert.com.

Their team specialize in North Central New Jersey including towns such as Boonton, Chatham, Chester, Convent Station,Denville, East Hanover,Florham Park, Hanover, Harding Twp., Mendham, Montville, Morristown, Morris Plains,Morris Twp., Mountain Lakes, Parsippany, Randolph,Rockaway, Whippany

Another Amazing Testimonial for SR Real Estate Group

Just received this heartwarming praise from our clients and friends, Greg and Hope. Thank you, guys, it was an honor and a pleasure!

Our relationship with Rahul and Smitha began when we went to visit a home they had listed. We were so impressed we decided that they should represent us during our home search. It turned out to be the best accidental business decision we ever made. We were not easy customers, as we were more interested in our dream house than a specific location, we kept them on their toes! We relied on their expertise in the market, negotiating capabilities and invaluable advice to navigate our way into our dream home. At a price far below what the home was initially listed for!

They set the bar so high that as we try to sell our home in a market they are not in...we just can’t seem to stop comparing them to the realtors we are interviewing to represent us. Unfortunately, everyone is just falling short.

If you are looking for people who seamlessly blend extraordinary customer service, knowledge, experience, compassion and caring into one dynamic package look no further than this team. From giving you the bottom line, to answering late night panic calls on price negotiating they will be there for you through the entire process of selling or buying a home.

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 a Home Marketing Experts. You can reach Smitha and Rahul and their team online at: http://www.Morris-Homes.com, http://www.SRRealEstateGroup.com, andhttp://www.TheTownhouseExpert.com.

Their team specialize in North Central New Jersey including towns such as Boonton, Chatham, Chester, Convent Station,Denville, East Hanover,Florham Park, Hanover, Harding Twp., Mendham, Montville, Morristown, Morris Plains,Morris Twp., Mountain Lakes, Parsippany, Randolph,Rockaway, Whippany

Don’t Miss Home Tax Breaks This Year! - Part 1

The 2013 tax season is here, and with the April deadline fast approaching, we want to make sure you have this handy info to help you navigate the world of homeowner taxes. Here is part 1 of our series of tips. Stay tuned for Part 2 of our series of tips, and as always, feel free to contact SR Real Estate Group for the latest real estate information and help!

Mortgage interest deduction

One of the neatest deductions itemizing home owners can take advantage of is the mortgage interest deduction, which you claim on Schedule A. To get the mortgage interest deduction, your mortgage must be secured by your home — and your home can even be a house trailer or boat, as long as you can sleep in it, cook in it, and it has a toilet.

Interest you pay on a mortgage of up to $1 million — or $500,000 if you’re married filing separately — is deductible when you use the loan to buy, build, or improve your home.

If you take on another mortgage (including a second mortgage, home equity loan, or home equity line of credit) to improve your home or to buy or build a second home, that counts towards the $1 million limit.

If you use loans secured by your home for other things — like sending your kid to college — you can still deduct the interest on loans up $100,000 ($50,000 for married filing separately) because your home secures the loan.

PMI and FHA mortgage insurance premiums

Helpfully, the government extended the mortgage insurance premium deduction through 2013. You can deduct the cost of private mortgage insurance as mortgage interest onSchedule A — meaning you must itemize your return. The change only applies to loans taken out in 2007 or later.

What’s PMI? If you have a mortgage but didn’t put down a fairly good-sized down payment (usually 20%), the lender requires the mortgage be insured. The premium on that insurance can be deducted, so long as your income is less than $100,000 (or $50,000 for married filing separately).

If your adjusted gross income is more than $100,000, your deduction is reduced by 10% for each $1,000 ($500 in the case of a married individual filing a separate return) that your adjusted gross income exceeds $100,000 ($50,000 in the case of a married individual filing a separate return). So, if you make $110,000 or more, you lose 100% of this deduction (10% x 10 = 100%).

Besides private mortgage insurance, there's government insurance from FHA, VA, and the Rural Housing Service. Some of those premiums are paid at closing and deducting them is complicated. A tax adviser or tax software program can help you calculate this deduction. Also, the rules vary between the agencies.

Prepaid interest deduction

Prepaid interest (or points) you paid when you took out your mortgage is 100% deductible in the year you paid them along with other mortgage interest.
If you refinance your mortgage and use that money for home improvements, any points you pay are also deductible in the same year.
But if you refinance to get a better rate and term or to use the money for something other than home improvements, such as college tuition, you’ll need to deduct the points over the term of the loan. Say you refi for a 10-year term and pay $3,000 in points. You can deduct $300 per year for 10 years.
So what happens if you refi again down the road?
Example: Three years after your first refi, you refinance again. Using the $3,000 in points scenario above, you’ll have deducted $900 ($300 x 3 years) so far. That leaves $2,400, which you can deduct in full the year you complete your second refi. If you paid points for the new loan, the process starts again; you can deduct the points over the term of the loan.
Home mortgage interest and points are reported on IRS Form 1098. You enter the combined amount on line 10 of Schedule A. If your 1098 form doesn’t indicate the points you paid, you should be able to confirm the amount by consulting your HUD-1 settement sheet. Then you record that amount on line 12 of Schedule A.

These tax tip excerpts brought to you by HouseLogic.com. You should not treat any opinion expressed here as a specific inducement to follow a particular tax strategy, but only as an expression of opinion.  SR Real Estate Group does not guarantee and is not responsible for the accuracy or completeness of information, and provides said information without warranties of any kind.  All information presented herein is intended and should be used for educational purposes only.  Nothing herein should be construed as expert tax advice.  You should always conduct your own research and due diligence and obtain professional advice before making any decision. SR Real Estate Group and Keller Williams Realty, Inc., will not be liable for any loss or damage caused by your reliance on information contained in this blog.

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 a Home Marketing Experts. You can reach Smitha and Rahul and their team online at: http://www.Morris-Homes.com, http://www.SRRealEstateGroup.com, andhttp://www.TheTownhouseExpert.com.

Their team specialize in North Central New Jersey including towns such as Boonton, Chatham, Chester, Convent Station,Denville, East Hanover,Florham Park, Hanover, Harding Twp., Mendham, Montville, Morristown, Morris Plains,Morris Twp., Mountain Lakes, Parsippany, Randolph,Rockaway, Whippany

November 2012-Market Update

November 2012  Market Update The national housing market is showing steady signs of recovery due to a combination of rising demand, declining inventory, and low interest rates. A good indicator that the market will experience a full-force recovery is strongly evidenced by the continual increase in median home prices. Usually, prices slow down after the peak summer sales season, but the current gains are a sign that the housing recovery is self-reinforcing. NAR Chief Economist Lawrence Yun states, “The market trend is up. Despite occasional month-to-month setbacks, we’re experiencing a genuine recovery. More people are attempting to buy homes than are able to qualify for mortgages, and recent price increases are not deterring buyer interest. Rather, inventory shortages are limiting sales.” Now is one of the most favorable times in market history to purchase a home due to record-low interest rates. With the uncertainty of the upcoming election and the likelihood that interest rates might not be low for much longer, the time to buy is now. Home Sales In Millions Home sales fell 1.7% month-over-month to a seasonally adjusted rate of 4.75 million units, an 11% increase from last year. Distressed homes (which include short sales and foreclosures that traditionally sell for 15%–20% less on average compared to nondistressed homes) accounted for 24% of September sales, up from 22% of sales the previous month; they were 30% in September 2011. Although the number of distressed properties is decreasing from month to month, they are still high by historic standards. . Home Price In Thousands Home prices have slightly decreased this month, with the current median home price at $183,900, down 1.7% from last month’s median price of $184,900, but up 11.3% from last year. While the month-to-month trend has seen a small dip, the year-over-year trend of increasing home prices is still present. September marks the seventh consecutive month of year-over-year price increases, the largest year-to-date rise since 2005. Inventory- Month's Supply In Months Housing inventory fell 3.3% from last month to 2.32 million existing homes available for sale, a 5.9-month supply. Listed inventory is down 20% from last year’s 8.1-month supply.  NAR Chief Economist Lawrence Yun claims, “The shrinkage in housing supply is supporting ongoing price growth, a pattern that could accelerate unless home builders robustly ramp up production.” Regardless of the small decline in inventory, a 5.9-month supply still represents a fairly balanced housing market. Source: National Association of Realtors Interest Rates Mortgage rates this month continue to decline at or around 3.41%, reaching record lows. While these rates underline an extremely favorable time to buy, “some buyers who could easily afford a mortgage can’t assume they will get one,” states NAR President Moe Veissi. He advises home buyers “to be more focused on the mortgage process in the current environment where lenders and banking regulators are being risk adverse. Shopping for competitive mortgage terms is a good idea, but it may be more important to find a bank that is willing to work with you given your credit history.”    This Month's Video	Contact me, your local real estate expert, for information about what's going on in our area.
Brought to you by KW Research. For additional graphs and details, please see the This Month in Real Estate PowerPoint Report.  The opinions expressed in This Month in Real Estate are intended to supplement opinions on real estate expressed by local and national media, local real estate agents and other expert sources.  You should not treat any opinion expressed in This Month in Real Estate as a specific inducement to make a particular investment or follow a particular strategy, but only as an expression of opinion.  Keller Williams Realty, Inc., does not guarantee and is not responsible for the accuracy or completeness of information, and provides said information without warranties of any kind.  All information presented herein is intended and should be used for educational purposes only.  Nothing herein should be construed as investment advice.  You should always conduct your own research and due diligence and obtain professional advice before making any investment decision.  All investments involve some degree of risk.  Keller Williams Realty, Inc., will not be liable for any loss or damage caused by your reliance on information contained in This Month in Real Estate. Smitha and Rahul Ramchandani are a licensed real estate Broker-Salesperson/Sales Representative Team with Keller Williams in New Jersey. They are Buyer Specialists and a Home Marketing Experts. You can reach Smitha and Rahul and their team online at: http://www.Morris-Homes.com. Their team specialize in North Central New Jersey including towns such as Boonton, Chatham, Chester, Convent Station,Denville, East Hanover,Florham Park, Hanover, Harding Twp., Mendham, Montville, Morristown, Morris Plains,Morris Twp., Mountain Lakes, Parsippany, Randolph,Rockaway, Whippany

October 2012-Market Update

October 2012  Market Update The national housing market continues to recover, indicated by consistent increases in both home sales and prices. Inventories in much of the United States are primarily balanced, which favors neither sellers nor buyers. However, large pockets of the country are experiencing inventory shortages, which puts pressure on prices. Many of the hardest-hit areas during the downturn now have some of the tightest inventories. The return of price appreciation and a stronger market, particularly in those locations, is a welcome signal of returning market health. “Some buyers are frustrated with mortgage availability. If most of the financially qualified buyers could obtain financing, sales would be about 10 to 15% stronger, and the related economic activity would create several hundred thousand jobs over the period of a year,” states NAR President Moe Veissi. Despite difficult mortgage qualifying conditions sidelining some buyers, others are still taking advantage of excellent housing affordability conditions, which is evidence of notable stored-up housing demand that accumulated since 2007. With the housing market coming close to a full recovery and mortgage rates hitting new record lows, the time to buy is now. Home Sales In Millions Home sales this month rose 7.8% from last month to a seasonally adjusted rate of 4.82 million units, a 9.3% increase from last year. Distressed homes (which include short sales and foreclosures that traditionally sell for 15%–20% less on average compared to nondistressed homes) accounted for 22% of August sales, down from 25% of sales last month and 31% of sales last year. Although the amount of distressed properties is decreasing from month to month, they are still high by historic standards. . Home Price In Thousands Home prices continue to rise due to shrinking inventory and an increase in demand. The current median home price is $187,400, up 9.5% from a year ago and down just 0.2% from last month. This has been the sixth consecutive month of year-over-year price gains, the largest year-to-date rise since 2005. Inventory- Month's Supply In Months Housing inventory rose to 2.47 million homes available for sale—a 6.1-month supply—up 2.9% from last month and down 18.2% from last year’s 8.2-month supply. This marks the ninth consecutive month of inventory at a 6-month supply, a clear indicator of a balanced market and full-scale housing market recovery. Robust improvement in employment is the primary concern remaining, and as that improves the housing market recovery will be on firmer footing for the future. Source: National Association of Realtors Interest Rates Mortgage rates this month at or around 3.49% are back at record lows. The decline in the 30-year fixed rates is partially due to a result of the Federal Reserve’s announcement of “QE3.” QE3 is a new bond purchase plan which should help stimulate the ongoing housing recovery. Home buyer affordability remains high for home buyers who buy now while rates are low.    This Month's Video	Contact me, your local real estate expert, for information about what's going on in our area.
Brought to you by KW Research. For additional graphs and details, please see the This Month in Real Estate PowerPoint Report.  The opinions expressed in This Month in Real Estate are intended to supplement opinions on real estate expressed by local and national media, local real estate agents and other expert sources.  You should not treat any opinion expressed in This Month in Real Estate as a specific inducement to make a particular investment or follow a particular strategy, but only as an expression of opinion.  Keller Williams Realty, Inc., does not guarantee and is not responsible for the accuracy or completeness of information, and provides said information without warranties of any kind.  All information presented herein is intended and should be used for educational purposes only.  Nothing herein should be construed as investment advice.  You should always conduct your own research and due diligence and obtain professional advice before making any investment decision.  All investments involve some degree of risk.  Keller Williams Realty, Inc., will not be liable for any loss or damage caused by your reliance on information contained in This Month in Real Estate.

Smitha and Rahul Ramchandani are a licensed real estate Broker-Salesperson/Sales Representative Team with Keller Williams in New Jersey. They are Buyer Specialists and a Home Marketing Experts. You can reach Smitha and Rahul and their team online at: http://www.Morris-Homes.com.

Their team specialize in North Central New Jersey including towns such as Boonton, Chatham, Chester, Convent Station,Denville, East Hanover,Florham Park, Hanover, Harding Twp., Mendham, Montville, Morristown, Morris Plains,Morris Twp., Mountain Lakes, Parsippany, Randolph,Rockaway, Whippany

August 2012-Market Update

The national housing market continues to recover, indicated by a balanced supply of inventory and increasing home prices across the country. NAR President Moe Veissi states, “The very favorable market conditions are helping to unleash a pent-up demand, which is why housing supplies have tightened and are supporting growth in home prices.”
However, rising demand has led to tight supplies of affordable homes for first-time home buyers, who now only represent 32% of purchasers. NAR Chief Economist Lawrence Yun claims “a healthy market share of first-time buyers would be about 40%, so these figures show that tight inventory in the lower price ranges, along with unnecessarily tight credit standards, are holding back entry-level activity.”
Regardless, with the market heating up and mortgage rates continuing to hit record-lows, now is one of the most favorable times in history to buy a home.

Home Sales

in millions

While home sales declined 5.4% from last month to 4.37 million units, year-over-year sales increased 4.5%. Distressed homes (which include short sales and foreclosures that traditionally sell for 15%–20% less on average compared to non distressed homes) allotted for 25% of June sales, which is unchanged from May, but is 30% below year-ago sales. However, despite the declining levels seen from past years, it is still expected that distressed property sales will still be largely present and higher than the historic average.

Home Price

in thousands

Shrinking inventory and a decline in distressed properties on the market continue to drive home prices up. The median home price rose 5% from last month, and 7.9% compared to a year earlier to $189,400. This is the fourth consecutive month of year-over-year price gains, which hasn’t been seen since February to May of 2006, a period of peak performance in the housing market.

Inventory- Month's Supply

in months

Housing inventory fell another 3.2% in June to a current 2.39 million homes available for sale, a 6.6-month supply. This marks the seventh consecutive month of inventory at a 6-month supply, the threshold for a balanced market, giving both buyers and sellers an equal advantage. Movement out of the three-year buyer’s market is imperative toward reaching a full-scale housing market recovery.

Source: National Association of Realtors

Interest Rates
Mortgage rates at or around 3.53% continue to drop and boost home affordability. These are some of the lowest rates on record since 1971, increasing the urgency to buy now.

This Month's Video



Topics For Home Owners, Buyers & Sellers
With many markets heating up, home prices are rising and inventory is shrinking. This high market activity puts sellers at a strong advantage, but to ensure that your property sells quickly and for the highest price, here are some tips to turn that “For Sale” sign into a “Sold” sign:

• List at market price. Even though the market is in your favor as a seller, incorrectly priced homes will not attract buyers. If you list your home at market price, your home will be on the market for fewer days, you are twice as likely to have multiple offers, and your chances of fewer price reductions and your sales price being close to your list price are much greater.
• Condition is key. Keeping your home in excellent condition includes enhancing your curb appeal by landscaping your front yard, as well as making necessary updates such as painting and roof repair. 93% of homes that were in better condition received offers close to their list price.
  
• Stage your home.  Many buyers prefer to see a depersonalized home, devoid of the seller’s personal items, so that they can picture themselves in it. Staging can be as simple as rearranging furniture or uncluttering a room. The cost of it can be minimal compared to the benefits of more showings and, ultimately, a higher asking price.

Contact me, your local real estate expert, for information about what's going on in our area.

Brought to you by KW Research. For additional graphs and details, please see the This Month in Real Estate PowerPoint Report.

The opinions expressed in This Month in Real Estate are intended to supplement opinions on real estate expressed by local and national media, local real estate agents and other expert sources.  You should not treat any opinion expressed in This Month in Real Estate as a specific inducement to make a particular investment or follow a particular strategy, but only as an expression of opinion.  Keller Williams Realty, Inc., does not guarantee and is not responsible for the accuracy or completeness of information, and provides said information without warranties of any kind.  All information presented herein is intended and should be used for educational purposes only.  Nothing herein should be construed as investment advice.  You should always conduct your own research and due diligence and obtain professional advice before making any investment decision.  All investments involve some degree of risk.  Keller Williams Realty, Inc., will not be liable for any loss or damage caused by your reliance on information contained in This Month in Real Estate.

Smitha and Rahul Ramchandani are a licensed real estate Broker-Salesperson/Sales Representative Team with Keller Williams in New Jersey. They are Buyer Specialists and a Home Marketing Experts. You can reach Smitha and Rahul and their team online at: http://www.Morris-Homes.com.
Their team specialize in North Central New Jersey including towns such as Boonton, Chatham, Chester, Convent Station,Denville, East Hanover, Florham Park, Hanover, Harding Twp., Mendham, Montville, Morristown, Morris Plains,Morris Twp., Mountain Lakes, Parsippany, Randolph, Rockaway, Whippany