September 2010-Real Estate Market Update

This Month in Real Estate September 2010 ............................................................................................................................................... Interest Rates Mortgage rates continued to set new record lows in August, providing real savings in interest and monthly payment for buyers and refinancers. As economic activity picks up, rates will rise to keep inflation in check.   Rates as of September 2. Topics For Home Owners, Buyers & Sellers   Financial Reform What it means for consumers The Wall Street Reform and Consumer Protection Act was signed into law in late July.  Before the pains of the financial crisis were just a thing of the past, Congress passed the biggest financial reform measures since the Great Depression. While much of the bill covers Wall Street measures and regulations, there are several changes consumers should be aware of. The following are the top measures related to financing for consumers: Mortgages. Lenders must determine if borrowers will be able to meet monthly obligations including mortgage, taxes, insurance, and assessments. Borrowers of adjustable rate mortgages must qualify at the highest rate. Additionally, lenders won’t be able to incentivize mortgage brokers to make higher-rate or riskier loans. Credit Reports. All consumers will no longer have access to government-mandated free annual credit reports. Consumers who are denied a loan or who are not offered the best interest rate will receive free copies of their credit scores. Credit scores and reports will be available for purchase through a credit bureau or myFICO.com. Credit and Debit Card Changes. Most notably, merchants may start incentivizing consumers to pay with cash, debit, or check. There may be changes to credit card rewards programs. Consumer Financial Protection Bureau. This new bureau will regulate consumer loans including mortgages, credit cards, student loans, payday loans, and check-cashing companies.  Auto loans and insurance lending will be excluded. The government’s goal of creating safer and easier to understand lending practices is to benefit the long-term strength of the economy. For more information, see the following links: http://www.myfico.com/crediteducation/articles/financial-services-reform.aspx http://www.usatoday.com/money/perfi/basics/2010-06-25-financial-regulations-consumers_N.htm     Local Lenders Rates Consumers would be wise to do some shopping around for interest rates on mortgages. Since the financial crisis began, many of the big banks consolidated and merged - Wells Fargo and Wachovia, for example - increasing the “big banks” combined market share. With fewer players in the game, rates don’t need to be as competitive as before the consolidation to get the same amount of business. Smaller local or regional banks can offer significantly advantageous rates. Of course, each loan situation is different and depends on a variety of factors, but don’t forget due diligence – it could save big bucks in the long run. Sources: The Wall Street Journal, USA Today, myfico.com	Contact Smitha, your local real estate expert, for information about what's going on in our area.  Newsletter Contents 1. Interest Rates 2 Topics for Owners, Buyers & Sellers
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 on 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 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

August 2010-Real Estate Market Update

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

August 2010-Real Estate Market Update

This Month in Real Estate August 2010 ............................................................................................................................................... Market Update Housing activity continues to remain above year-ago levels despite some setbacks resulting from the now-expired tax credit. Improved stability in home prices with similar levels of distressed properties seen last year offers a hopeful sign the market is holding its ground. However, the economy still has a considerable way to go to achieve its full recovery.  Consumers are saving more and being picky about how they spend their money. While a higher savings rate means less spending in the near term, this is a positive sign that households are taking control of their finances to build some cushion that can be used to pay down debt and/or support future spending.   Existing home sales marked the twelfth consecutive month of year-over-year increase in June. On a monthly basis, sales activity eased 5.1% from May. The moderation in home sales reflects “understandable swings as buyers responded to the tax credits,” according to Lawrence Yun, NAR chief economist. He anticipates such impact to show up in the next two months.   June’s median home price increased for the fourth consecutive month. Distressed homes, accounting for 32% of sales last month, continued holding home prices at highly affordable levels for the time being. While distressed sales hovered around the same level as a year ago, the gain in home prices is pointing to a sustained stability in the making.   Interest Rates Mortgage rates set a new record low in July as consumer confidence softened and unemployment remained elevated. This presents a great opportunity for buyers and investors. Coupled with lowered home prices and a robust rental market, investors are finding their way to cash-flow opportunities. As recovery gains deeper roots, rates will need to rise to keep inflation in check.  Rates as of August 6. This Month's Video Topics For Home Owners, Buyers & Sellers   Consumers Beware: New Credit Card Tricks On May 22, 2009, President Obama signed into law the Credit Card Accountability, Responsibility, and Disclosure (CARD) Act of 2009, marking a turning point for American consumers and ending the days of unfair rate hikes and hidden fees. While the new law offers significant safeguards, consumers still need to be vigilant against new practices designed to outflank the new rules. Stay as informed as possible, read your statement , report any irregularities immediately, and watch for these tricks. Shortened Billing Cycle: The CARD Act requires companies to allow a window of at least 21 days from when a statement is mailed and when payment is due. Cardholders are reporting being shortchanged on billing cycle time and then being assessed late-payment fees. Advice: Watch out for shortened payment dates. Sunday Due Dates: The CARD Act stipulates if a creditor does not receive or accept payments on weekends or holidays, then the date is extended and late-payment fees shouldn’t be triggered. However, some banks say they’re open for business even when there’s no mail delivery. Advice: Don’t assume you are safe. Low-Limit Cards: The CARD Act says a card’s total annual fees can’t exceed 25% of a borrower’s credit line. However, some issuers may be evading the fee restrictions by charging an up-front processing fee that doesn’t fall under the 25% cap. Advice: Watch out for processing and other fees. False Inactive Fees: Issuers will no longer be able to charge inactivity fees or extra charges for people who don’t spend a certain amount each year, effective August 22. However, some issuers are charging an annual fee that’s waived if cardholders reach a certain spending threshold. Advice: Watch out for conditional annual fees. Rebate Offers: Some credit cards offer refunds on finance charges when customers pay on time. However, rebate offers aren’t governed by the CARD Act, and such offers can be revoked suddenly and for any reason, leaving cardholders stuck with higher charges. Advice: Rebates may translate to real savings in finance charges. Source: The Wall Street Journal	Contact Smitha, your local real estate expert, for information about what's going on in our area.  Newsletter Contents 1. Market Update 2. Interest Rates 2. Video 3. Topics for Owners, Buyers & Sellers
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 on 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 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

July 2010-Real Estate Market Update

This Month in Real Estate July 2010 ............................................................................................................................................... Commentary The U.S. housing market continues to benefit from the tax credit: home prices and sales remain above year-ago levels. As the summer progresses, however, the positive impact of government stimulus will wind down. Experts point to improved stability as a sign the market can likely hold its ground without further support from the government. However, economists indicate that the key for the housing market through the end of 2010 will be job growth and a manageable level of distressed properties. The economy continues its journey to recovery with two steps forward and one step back, but the ground lost during the recession was great and the progress so far should be celebrated. The road to this particular recovery has been expected to be more prolonged than many previous recovery periods. Consumer confidence lowered from its high in May primarily due to a disappointing employment report, while the swelling federal deficit has also raised concern. Unmanageable debt levels have lead some European countries into their current situation, and Americans do not want to follow suit. A job bill that would have further extended unemployment benefits has not gotten off the ground due to concerns over the deficit. Sited as a top priority for the government, a financial overhaul bill continues to proceed though Congress. The bill’s goal is to protect the financial system and the average consumer from unnecessary risk and unsound lending practices in an effort to build a stronger system for the long-term stability of the U.S. economy. The Housing Market Existing Home Sales Existing home sales slowed slightly in May to 5.66 million, down 2.2% from April but up 19.2% from last May. This is the eleventh consecutive month of year-over-year increase. Lawrence Yun, NAR chief economist, attributes this to the “ongoing effects of the home buyer tax credit,” and he anticipates the same next month. In May, 46% of sales were from first-time buyers, down slightly from the previous month’s 49% but still considered high. Median Home Price The median price for an existing home was $179,600 in May, up 2.8% from a year ago and 4.2% from April. Distressed homes, accounting for 31% of last month’s sales, continued skewing prices downward slightly as they are usually discounted from comparable homes. Overall, prices this past year continued to show increased stability over the previous year. Vicki Cox Golder, president of NAR states, “With distressed sales at roughly the same level as a year ago, the gain in home prices is a hopeful sign that the market is in a good position to stand on its own without further government stimulus.” Inventory Total housing inventory declined slightly to 4.89 million in May, representing between eight and eight-and-a-half month supply of sales (if homes continue to sell at the current pace consistently and no new ones come on the market). There are about the same number of homes for sale as last year, with 1% more currently available. Although there continues to be a nice selection of available homes for buyers, the 3.4% fewer number from last month helps to further stabilize prices. Mortgage Rates Mortgage rates fell to a new record low in June amid a drop in consumer confidence concerning the recovery. The tone of the Federal Reserve’s latest meeting was notably tempered on the outlook for recovery, indicating that the economy is stronger than last year but there is still much ground to cover. Interest rates significantly below 5% may pique the interest of more investors. Affordability Affordability remains advantageous, supported by the lowest mortgage rates in decades as well as lowered home prices. The home price-to-income ratio continues to remain well below the historical average of 25%, but stabilized home prices are drawing affordability back up toward more normal levels. The ratio now stands at 15.4%. Sources: National Association of Realtors, Freddie Mac Government Action Tax Credit’s Closing Deadline Extended   Home buyers who signed a contract before the end of April will now have three additional months to close and still be eligible for the homebuyer tax credit. A bill to extend the deadline to September 30 obtained congressional approval on June 30, the evening it was set to expire. Many of these buyers are purchasing short sales which have notably slower contract-to-close time frames. A KW Research study found short sales often take twice as long to close as typical home sales. While this does not extend the credit to any additional buyers, it is great news for those 180,000 who have not yet closed on their home sale through no fault of their own. Source: WSJ.com Topics For Buyers & Sellers   Real Estate Investing The increased affordability and low interest rates may have some thinking about purchasing real estate investment properties. Here are a few key points on investing from The Millionaire Real Estate Investor: Criteria: Criteria are the standards that define what kind of property you are looking for. These are the things that you list when you are hunting for the next opportunity to invest in: Is it a single family or multi-family opportunity? What features or amenities does it have? What is the location? These are aspects of the property that can’t be negotiated. Terms: This is how you turn your opportunity into a good deal. Once the property meets your criteria, terms are the negotiable aspects of your investment, such as the offer price, the down payment, interest rates, occupancy date, and closing costs. Terms are where a great deal can be created from even the most modest criteria. They mean understanding the financial basics of a transaction, knowing which elements are flexible, being systematic about getting all you can from every deal, and also, for some, knowing when to walk away. There are some great terms right now with record-low interest rates and discounted distressed properties. Keep in mind that the lending for investment properties has additional requirements – like cash reserves and total property limits. Talk to a professional for more information. Network: the people who help you find, complete, and support your real estate investments.	Contact Smitha, your local real estate expert, for information about what's going on in our area.  Don't forget to check out this month's video: Newsletter Contents 1. Commentary 2. The Housing Market 3. Government Action 4. Topics for Buyers     and Sellers
Brought to you by KW Research.

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

June 2010 Condo and Townhouse Sales Report- Morris County New Jersey Real Estate Recent Townhome/Condo Sales

June 2010 Condominium and Townhouse Sales Report - 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

Town	Address	List Price	Style	Beds	Baths	Garages	Sold Price
Butler Boro	444 CAMBRIDGE DR	$249,900	One Floor Unit	2	2	0	$242,500
Butler Boro	343 CAMBRIDGE DR	$359,900	Townhouse-Interior	2	2.1	1	$342,000
Chatham Boro	380 MAIN ST APT 20	$315,000	One Floor Unit	2	1	0	$303,000
Chatham Twp.	187 TERRACE DR	$260,000	One Floor Unit, Townhouse-Interior	1	1	1	$260,000
Chatham Twp.	2G HERITAGE DR	$289,900	One Floor Unit	1	1	1	$270,000
Chatham Twp.	211 Terrace Drive	$300,000	Townhouse-Interior	1	1	1	$292,500
Chatham Twp.	13G HERITAGE DR	$312,000	Townhouse-End Unit	1	1	1	$295,000
Chatham Twp.	22H CANTERBURY RD	$339,000	One Floor Unit	2	2	1	$309,500
Chatham Twp.	145 RIVEREDGE DR	$339,000	Townhouse-Interior	1	1	1	$315,000
Chatham Twp.	105 CANTERBURY RD	$474,000	Townhouse-End Unit	2	2.1	1	$479,625
Chatham Twp.	3 Magnolia Place	$1,075,000	Townhouse-Interior	3	3	2	$950,000
Chester Boro	33 BARKMAN WAY	$599,000	Townhouse-End Unit	3	2.1	2	$584,000
Denville Twp.	3707 SCENIC CT	$338,999	Townhouse-End Unit	2	1.1	1	$326,000
Denville Twp.	3107 PEER PL	$339,000	One Floor Unit, Townhouse-End Unit	2	2	1	$300,000
Denville Twp.	514 KNOLLWOOD CT	$345,000	Townhouse-Interior	2	2.1	1	$340,000
East Hanover	9-2 DARA DR	$259,000	One Floor Unit	1	1.1	1	$235,000
East Hanover	14 MILLIE LN	$317,800	Townhouse-Interior	2	2	0	$300,000
East Hanover	17 QUEENSBRIDGE DR	$405,000	Townhouse-Interior	2	2.1	1	$385,000
Florham Park Boro	38 PARK ST 2-C	$357,000	Townhouse-End Unit	2	1.1	1	$338,000
Florham Park Boro	58 BROOKLAKE RD	$409,000	One Floor Unit	2	2	1	$409,000
Florham Park Boro	250 Ridgedale Ave.J-5	$469,000	Multi Floor Unit	3	2.1	2	$430,000
Florham Park Boro	1 SARAZEN CT	$525,000	Townhouse-End Unit	4	2.1	2	$498,100
Hanover Twp.	1605 APPLETON WAY	$384,900	Townhouse-Interior	2	2.1	1	$375,000
Harding Twp.	3 Ash Lane	$489,900	Townhouse-End Unit	3	2.1	1	$450,000
Jefferson Twp.	17 RIDGEVIEW TER	$199,000	Townhouse-Interior	2	2	1	$192,500
Jefferson Twp.	7 PINE HOLLOW CT	$219,000	Multi Floor Unit, Townhouse-Interior	1	2	1	$213,000
Lincoln Park Boro	184 ROBERTSON WAY	$255,000	One Floor Unit, See Remarks	2	2	0	$240,000
Lincoln Park Boro	195 GETTYSBURG WAY	$285,500	Townhouse-Interior	2	1.1	0	$270,000
Lincoln Park Boro	57 TOMS POINT LN	$299,900	Townhouse-Interior	2	2.1	0	$285,000
Lincoln Park Boro	74 RYAN LN	$399,900	Townhouse-Interior	2	2.1	1	$380,000
Long Hill Twp.	41 SUNRISE DR	$199,900	First Floor Unit, One Floor Unit	1	1	1	$195,000
Long Hill Twp.	8 COOPER LN	$405,000	Townhouse-Interior	3	2.1	1	$390,000
Long Hill Twp.	52 COOPER LN	$409,000	Townhouse-Interior	3	2.1	1	$389,000
Mendham Boro	40 WEXFORD DR	$359,900	Townhouse-Interior	2	2.1	0	$333,000
Mendham Boro	4 ESSEX DR	$419,500	Colonial, Townhouse-Interior	3	2.1	1	$410,000
Mendham Boro	6 S Aberdeen Dr.	$475,000	Townhouse-Interior	3	3.1	1	$445,000
Mendham Boro	3 ESSEX DR	$609,000	Townhouse-End Unit	4	2.1	2	$597,500
Montville Twp.	27 SPRINGBROOK RD E	$349,000	One Floor Unit	3	2	0	$349,000
Montville Twp.	8 Davenport Rd	$359,900	Townhouse-Interior	2	2.1	1	$340,000
Montville Twp.	12 CENTURY CT	$399,000	Townhouse-End Unit	2	2.1	1	$387,500
Montville Twp.	8 CENTURY CT	$439,000	Townhouse-Interior	3	2.1	1	$430,000
Montville Twp.	32 LENOX CT	$450,000	Townhouse-Interior	2	2.1	1	$433,000
Montville Twp.	30 EUGENE DR	$489,000	Townhouse-Interior	2	2.1	1	$480,000
Montville Twp.	6 LALIQUE DR	$509,000	Townhouse-Interior	2	2.1	1	$499,000
Montville Twp.	12 RIDGE DR	$528,000	Townhouse-Interior	2	2.1	2	$508,000
Montville Twp.	15 BARGE CT	$529,900	Townhouse-Interior	3	2.1	1	$471,000
Montville Twp.	87 JESSE CT	$589,000	Townhouse-End Unit	3	2.1	2	$580,000
Montville Twp.	109 RIDGE DR	$589,900	Townhouse-End Unit	3	3	2	$549,000
Montville Twp.	23 LALIQUE DR	$679,000	Townhouse-End Unit	3	2.1	2	$640,000
Morris Plains Boro	14G FOXWOOD DR	$289,000	Multi Floor Unit	2	2	1	$283,000
Morris Twp.	78 VILLAGE DR	$282,500	One Floor Unit	2	2	0	$272,500
Morris Twp.	57 HANCOCK DR	$374,999	Townhouse-Interior	2	2.1	1	$358,000
Morris Twp.	61 WILDFLOWER LN	$375,000	Townhouse-End Unit	2	2.1	1	$375,000
Morris Twp.	72 KEATS WAY	$400,000	Townhouse-Interior	2	2.1	1	$385,000
Morris Twp.	26 WILDFLOWER LN	$419,000	Townhouse-Interior	2	2.1	1	$409,500
Morris Twp.	15 DAVENPORT PL	$429,900	Townhouse-Interior	2	2	1	$415,000
Morris Twp.	9 DAVENPORT PL	$475,000	Multi Floor Unit, Townhouse-End Unit	3	2.1	1	$450,000
Morris Twp.	3 Pilgrim Court	$499,000	Townhouse-Interior	3	2.1	1	$485,000
Morris Twp.	30 DAVENPORT PL	$569,000	Townhouse-End Unit	2	3	1	$525,000
Morris Twp.	12 RAVEN DR	$619,900	Townhouse-End Unit	3	2.1	1	$600,000
Morristown Town	69 Abbett Avenue	$305,000	Multi Floor Unit, Townhouse-End Unit	2	1.1	1	$280,000
Morristown Town	29 COBB PL APT B	$317,000	Multi Floor Unit	2	2	0	$300,000
Morristown Town	7 PROSPECT ST 410	$339,900	Hi-Rise, One Floor Unit	1	1	0	$318,000
Morristown Town	23 TWOMBLY CT UNIT C	$419,900	Townhouse-Interior	2	2.1	2	$419,900
Mount Arlington	32 SPRUCE TER	$279,900	First Floor Unit, One Floor Unit	2	2	0	$260,000
Mount Arlington	6 MAPLE LN	$299,900	Multi Floor Unit, Townhouse-Interior	2	2.1	1	$290,000
Mount Arlington	32 MAPLE LN	$324,900	Townhouse-End Unit	2	2.1	1	$315,000
Mount Arlington	1 LAKESHORE DR	$750,000	Townhouse-End Unit	3	2.2	2	$650,000
Mountain Lakes Boro	15 NEWCASTLE CT	$519,900	Townhouse-Interior	2	3.1	1	$505,000
Parsippany	2467 STATE ROUTE 10 Apt 49-5B	$152,818	One Floor Unit	1	1	0	$158,000
Parsippany	2467 Route 10.Bldg 6,5B	$169,900	One Floor Unit	1	1	0	$156,500
Parsippany	2350 STATE ROUTE 10 unit C-31	$175,000	One Floor Unit	1	1	0	$165,000
Parsippany	2467 Route 10 East Bldg 21-2A	$183,475	First Floor Unit	1	1	1	$171,500
Parsippany	2350 Route 10 Bldg E Unit 4	$200,000	One Floor Unit	1	1	0	$192,000
Parsippany	2350 RT 10 - B39	$214,900	First Floor Unit, Townhouse-End Unit	2	1	0	$205,000
Parsippany	2467 STATE ROUTE 10	$215,500	First Floor Unit, One Floor Unit	2	1	0	$215,500
Parsippany	20 MONETT CT	$364,000	Townhouse-Interior	2	2.1	1	$347,000
Parsippany	103 EMILY PL	$439,900	Townhouse-Interior	2	2.1	1	$425,000
Parsippany	175 EMILY PL	$454,900	Multi Floor Unit, Townhouse-Interior	2	2.1	1	$425,000
Parsippany	150 JILLIAN BLVD	$459,000	Townhouse-Interior	3	2.1	1	$446,500
Parsippany	154 GLADSTONE DR	$469,950	Townhouse-Interior	3	2.2	1	$459,000
Parsippany	175 CROWN POINT RD	$489,000	Townhouse-End Unit	3	3.1	1	$468,000
Pequannock Twp.	98 Chatfield Drive	$268,900	One Floor Unit, See Remarks	2	2	0	$264,000
Pequannock Twp.	306 CHATFIELD DR	$269,000	First Floor Unit	2	2	0	$240,000
Pequannock Twp.	5202 TUDOR DR	$269,900	One Floor Unit	2	2	0	$257,000
Pequannock Twp.	5403 TUDOR DRIVE	$299,900	One Floor Unit	2	2	0	$285,000
Pequannock Twp.	57 SUNSET RD	$329,900	Ranch	2	1	3	$305,000
Pequannock Twp.	2104 WENDOVER DR	$367,000	Townhouse-Interior	2	2.1	1	$344,500
Randolph Twp.	902 WENDOVER CT	$359,900	Townhouse-End Unit	2	2.1	1	$352,500
Randolph Twp.	81 ARROWGATE DR	$375,000	Townhouse-End Unit	3	2.1	2	$365,000
Randolph Twp.	43 WOODMONT DR	$389,900	Townhouse-Interior	3	2.1	2	$375,000
Randolph Twp.	83 ARROWGATE DR	$405,000	Detached, Townhouse-End Unit	3	2.1	2	$395,000
Randolph Twp.	84 ARROWGATE DR	$416,000	Townhouse-End Unit	3	2.1	2	$405,000
Riverdale Boro	526 CANNELLA WAY	$195,000	One Floor Unit, Townhouse-Interior	1	1	0	$192,500
Riverdale Boro	2311 RAMAPO CT	$249,900	Townhouse-Interior	1	1	1	$246,000
Riverdale Boro	1109 WHARTON CT	$260,000	Townhouse-End Unit	2	2	1	$261,000
Riverdale Boro	75 MOUNTAIN VIEW CT	$275,000	One Floor Unit	2	1	0	$265,000
Riverdale Boro	5211 SANCTUARY BLVD	$291,990	Townhouse-Interior	2	1	1	$281,990
Riverdale Boro	5404 SANCTUARY BLVD	$349,990	Townhouse-End Unit	2	2	1	$344,990
Riverdale Boro	31 SILVERLEAF CT	$405,000	Townhouse-Interior	3	2.1	1	$390,000
Rockaway Twp.	3324 FRANKLIN LN	$128,900	One Floor Unit	1	1	1	$126,950
Rockaway Twp.	322 RICHARD MINE RD	$139,900	One Floor Unit	1	1	0	$139,900
Rockaway Twp.	2202 JOHNSON DR	$155,000	One Floor Unit	1	1	1	$152,000
Rockaway Twp.	322 RICHARD MINE RD	$175,900	First Floor Unit, One Floor Unit	1	1	1	$142,800
Rockaway Twp.	2107 CLINTON LN	$199,000	First Floor Unit, One Floor Unit	2	2	1	$190,000
Rockaway Twp.	2300 JOHNSON DR	$239,000	One Floor Unit	2	2	1	$210,000
Rockaway Twp.	2309 PIERCE LN	$252,950	Townhouse-Interior	1	1.1	1	$192,950
Rockaway Twp.	4304 CLEVELAND LN	$269,000	One Floor Unit	2	2	2	$243,500
Rockaway Twp.	12 FLINTLOCK TER	$359,900	Townhouse-End Unit	3	3	2	$345,000
Rockaway Twp.	6 FAESCH CT	$378,500	Townhouse-Interior	3	2.1	2	$360,000
Rockaway Twp.	39 HICKORY HILL CT	$429,900	Townhouse-End Unit	3	2.1	2	$387,500
Roxbury Twp.	181 WOODS EDGE DR	$220,000	Ranch, Townhouse-End Unit	2	2	1	$192,000
Roxbury Twp.	202 WOODS EDGE DR	$229,900	One Floor Unit	2	2	1	$210,000
Roxbury Twp.	105 DRAKE LN	$240,000	One Floor Unit, Townhouse-Interior	2	2	1	$230,000
Roxbury Twp.	73 WHISPER WAY EAST	$245,000	First Floor Unit, Townhouse-Interior	2	1	1	$238,000
Roxbury Twp.	72 DRAKE LANE	$249,900	Townhouse-End Unit	3	2	1	$235,000
Roxbury Twp.	180 WHISPER WAY E	$295,500	Townhouse-End Unit	2	2.1	1	$290,000
Roxbury Twp.	29 LOCH LN	$305,900	Townhouse-End Unit	3	2.1	1	$294,000
Roxbury Twp.	42 LAGOON WAY	$369,900	Townhouse-Interior	3	2.1	1	$346,000
Victory Gardens Boro	33 VICTORY CT	$222,500	Townhouse-End Unit	2	1.1	0	$222,500
Washington Twp.	130 NOTTINGHAM SQ	$188,900	Townhouse-End Unit	2	1.1	1	$180,000
Washington Twp.	91 NOTTINGHAM SQUARE	$269,900	Townhouse-Interior	3	2.1	2	$270,000
Washington Twp.	144 NOTTINGHAM SQ	$285,000	Townhouse-Interior	3	2.1	2	$273,000
Washington Twp.	31 DELBARTON COURT	$289,000	Multi Floor Unit, Townhouse-Interior	3	2.1	2	$280,000
Washington Twp.	2505 Decatur Court	$349,900	Townhouse-End Unit	3	2.1	2	$310,000
Wharton Boro	21138 WEST VIEW	$259,900	Townhouse-Interior	2	1.1	1	$259,900

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

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