Millburn-Short Hills NJ Home Reports and More

March 18, 2013 by Leave a Comment

2013 Millburn February page 001 300x231 Millburn Short Hills NJ Home Reports and MoreIf you are thinking about a Millburn-Short Hills NJ home or another home in a Midtown Direct town in New Jersey, you are probably interested in local real estate market reports. Whether you prefer to live in a town like Chatham NJ or would rather search for homes in Summit, it’s always a good idea to have a feel for the current real estate market so that you can be more effective in your search.

Listed below you’ll find all kinds of information on Midtown Direct towns for the month of February in report style. Recognizing that only the briefest of information can be shared in these reports, I hope you’ll only use them as a guide, and call me at 973-202-7270 for specifics on homes and areas you are interested in. In February, for instance, if you were buying a Millburn-Short Hills NJ home, you’ll notice 16 active listings and 12 under contract in that market report. You can also scroll down to see Millburn year to date trends and previous months, as well as that same information on other midtown direct towns.

Click on the links below to get the information you seek on the Millburn Short Hills NJ home market and additional New Jersey real estate.

Millburn-Short Hills Market Reports
Chatham Market Reports
Summit Market Reports
Livingston Market
Madison Market
South Orange Market

Filed Under: Blog, Featured Blog Posts, Homebuyer tips, Market Statistics, Millburn/Short Hills, Real Estate Tips Tagged With: , , ,

Business is Good at Home in Short Hills NJ

February 28, 2013 by Leave a Comment

Bring busines to your home Short Hills NJ 300x225 Business is Good at Home in Short Hills NJSmall business owners who also have a home in Short Hills NJ or a Millburn home will be excited about the latest event sponsored by the Millburn-Short Hills Chamber of Commerce. Next Tuesday, February 26th the Chamber will meet to bring networking alive in our midtown direct communities with a mixer. Held at the Wells Fargo building located at 51 JFK Parkway, this event which begins at 5:30 p.m. is easy to attend, being so close to your home in Short Hills NJ.

Locally-based musician and author Dom Famularo will be the keynote speaker at the event sharing stories from his life and book, “The Cycle of Empowerment. The cost to attend is only $10 and the building will be packed, so plan to arrive early and reserve your space by registering by phone to 973-379-1198. While this event is being held in Short Hills, all residents and business owners with a home in Short Hills NJ, Millburn, Maplewood, Livingston, West or South Orange, and North Essex are encouraged to attend.

If you are interested in a home in Short Hills NJ or  Millburn, please click here to see recent market stats on Millburn-Short Hills real estate.

Filed Under: Blog, Market Statistics, Millburn/Short Hills Tagged With: , ,

Using “Comps” to Sell Your Short Hills NJ Home

September 26, 2012 by 1 Comment

It seems that lately, even when DSC 0069 300x204 Using Comps to Sell Your Short Hills NJ Homeyou live in Short Hills NJ, life is constantly on the move. Technology is continuously evolving and when it comes to technology in real estate, there have definitely been improvements! It is now easier than ever to search for a Short Hills NJ home. It is also easier to know how to price a home (or think you do, anyway).

In days gone by, when a person decided to sell their home, they made a critical call – to their local real estate agent – to discuss something called “comps.” “Comps” stand for “comparables” and are still valued today. Knowing what a home down the street sold for or how long the home was on the market prior to the sale were essential elements to setting up a marketing and listing plan for every Short Hills NJ home for sale.

In reality, “comps” are a comparative (and competitive) market analysis which relies in part on the expertise of your agent in tracking and compiling data. You’ll find Short Hills NJ market reports on my website (and for all my towns) that can help you to piece together this information. However, if you call me, I can give you detailed information about your home and those in surrounding boroughs, too. Personally I think that would be quicker and easier for you.

Anyway, it seems that with technology, that personal touch that I prefer to offer is being lost. Clients are turning to “zestimates” or “eppraisals” to make up for the knowledge that used to be generated by local, expert real estate professionals. While that might be a quick answer, and great for when you wake up in the middle of the night, I hope you realize that those numbers are not 100% accurate and can lead to you listing your home in Short Hills NJ for much less of a sales price. Working with a local, seasoned, out-for-your-best interests real estate agent is what you need to sell your home and to discover true, up-to-date “comps.” Knowledge of the current local market market is essential when considering sale price, size and square footage, age and value of a property and it doesn’t always boil down to a numeric formula created by averages.

As a Short Hills NJ real estate agent, there are several things I take care to notice when establishing true “comps” for you. I consider what other properties have sold in the last month. I consider what other properties have sold in the last three months. I evaluate what is occurring in the pending sales market and if open houses are being well attended. I determine whether square footage amounts, home styles and age, and locations are comparable. I ask myself how will the buyer view the home and how can we entice them. I also personally evaluate comparable homes to see why they warranted the sales price to determine if we can do more.

Yes, it takes longer and yes, it requires some footwork on my part. But, I guarantee you will see  a difference in sales price by using the correct “comps” and seek me out when you want to sell your next Short Hills NJ home.

Filed Under: Blog, Home seller tips, Market Statistics, Millburn/Short Hills, Real Estate Tips Tagged With: , , , , , , ,

View ALL NEW Millburn-Short Hills NJ Properties-

August 20, 2012 by 1 Comment

IMG 5823 300x199 View ALL NEW Millburn Short Hills NJ Properties View all Millburn-Short Hills NJ properties on the MLS listed between . These are live updates with price reductions as well as days on the market. For my monthly Short Hills market statistics and Millburn Township school information, you can find that and more on Living in Millburn-Short Hills NJ.

 

View ALL NEW Millburn-Short Hills NJ Properties-

 

Showing properties 1 - 5 of 88. See more Real estate in the 07078 zip code.
(all data current as of 5/22/2013)

  1. $800,000 : 189 Parsonage Hill Rd, Millburn Twp.
    4 beds, 3 full, 1 part baths
    Lot size: 19,166 sqft
    Year built: 1958
    Parking spots: 2
    Days on market: 2
  2. $3,900,000 : 160 Highland Ave, Millburn Twp.
    6 beds, 4 full, 2 part baths
    Home size: 5,542 sq ft
    Lot size: 1.50 ac
    Year built: 1907
    Parking spots: 4
    Days on market: 5
  3. $4,995,000 : 10 Sinclair Ter, Millburn Twp.
    5 beds, 6 full, 2 part baths
    Home size: 7,500 sq ft
    Lot size: 1.28 ac
    Year built: 1936
    Parking spots: 2
    Days on market: 7
  4. $1,399,000 : 297 Lupine Way, Millburn Twp.
    4 beds, 2 full, 1 part baths
    Lot size: 7,405 sqft
    Year built: 1971
    Parking spots: 2
    Days on market: 7
  5. $1,265,000 : 321 Lupine Way, Millburn Twp.
    4 beds, 3 full, 1 part baths
    Lot size: 10,018 sqft
    Year built: 1940
    Parking spots: 1
    Days on market: 7

The data relating to real estate for sale on this website comes in part from the IDX Program of Garden State Multiple Listing Service, L.L.C. Real estate listings held by other brokerage firms are marked as IDX Listing. Information deemed reliable but not guaranteed. Copyright © year Garden State Multiple Listing Service, L.L.C. All rights reserved. Notice: The dissemination of listings on this website does not constitute the consent required by N.J.A.C. 11:5.6.1 (n) for the advertisement of listings exclusively for sale by another broker. Any such consent must be obtained in writing from the listing broker.

Filed Under: Blog, Featured Blog Posts, Market Statistics, Millburn/Short Hills

Active Short Hills NJ Listings : $500,000-$1m

June 28, 2012 by Leave a Comment

  

DSC 0173 150x150 Active Short Hills NJ Listings : $500,000 $1m View all Millburn-Short Hills NJ properties on the MLS listed between $500,000-$1m. These are live updates with price reductions as well as days on the market. For my monthly Short Hills market statistics and Millburn Township school information, you can find that and more on Living in Millburn-Short Hills NJ.  

 

 

Showing properties 1 - 5 of 12. See more Real estate in the 07078 zip code.
(all data current as of 5/22/2013)

  1. $800,000 : 189 Parsonage Hill Rd, Millburn Twp.
    4 beds, 3 full, 1 part baths
    Lot size: 19,166 sqft
    Year built: 1958
    Parking spots: 2
    Days on market: 2
  2. $750,000 : 42 Meadowbrook Rd, Millburn Twp.
    3 beds, 2 full, 1 part baths
    Lot size: 14,810 sqft
    Year built: 1936
    Parking spots: 1
    Days on market: 8
  3. $929,000 : 84 Wellington Ave, Millburn Twp.
    4 beds, 4 full baths
    Lot size: 6,534 sqft
    Year built: 1930
    Parking spots: 2
    Days on market: 9
  4. $680,000 : 25 Hobart Gap Rd, Millburn Twp.
    4 beds, 2 full baths
    Lot size: 7,840 sqft
    Year built: 1928
    Parking spots: 2
    Days on market: 19
  5. $625,000 : 361 White Oak Ridge Rd, Millburn Twp.
    3 beds, 1 full, 1 part baths
    Lot size: 27,007 sqft
    Year built: 1800
    Days on market: 19

The data relating to real estate for sale on this website comes in part from the IDX Program of Garden State Multiple Listing Service, L.L.C. Real estate listings held by other brokerage firms are marked as IDX Listing. Information deemed reliable but not guaranteed. Copyright © year Garden State Multiple Listing Service, L.L.C. All rights reserved. Notice: The dissemination of listings on this website does not constitute the consent required by N.J.A.C. 11:5.6.1 (n) for the advertisement of listings exclusively for sale by another broker. Any such consent must be obtained in writing from the listing broker.

Filed Under: Blog, Featured Blog Posts, Featured Properties, Market Statistics, Millburn/Short Hills

In A Hurry To Sell Your Millburn-Short Hills Home?

May 31, 2012 by 1 Comment

If you are considering listing your Millburn-Short Hills home for sale, recent market studies have indicated that we are entering a seller’s market, so your timing could be perfect! A decrease in inventory in the housing market is good news if you need or want to sell your home quickly.sold home 300x199 In A Hurry To Sell Your Millburn Short Hills Home?

As a home seller, there are three areas where you can have major impact when selling your home.

Of course the appeal of your home is a prime consideration, but did you realize that the marketing efforts and pricing are key as well?

Price to Sell and Expect Results!

When time is of the essence, be careful not to set your price too high. Even if your home is “worth” more than your neighbor’s or “seems” like it should bring a high price, be realistic and aggressive in your pricing. Remember that home searches are typically focused on price, and plan accordingly. Would you rather only appeal to the $500,000 buyer when your home is worth $505,000, or open your options to the buyer who has a search parameter set at $499,000? The key here is exposure – when time is short, you want as many buyers as possible viewing your property! Price your home to sell and look forward to a quick sale and multiple offers.

Harness the Power of the Internet to Sell Your Home Fast!

Recent surveys report that 86% of home buyers begin their search on the web. Your home needs to be there, as well. In addition to having a listing page with property details, consider resources such as Craigslist, Realtor.com, and other sources throughout the internet. Ask about syndicating your home listing to make sure it gets as much exposure as possible.

In your listing marketing efforts, don’t forget pictures – lots of them! Buyers in the Millburn-Short Hills area want to “see” what is available before comparing homes in person. Make sure your photos are attractive and will sell your home. In doing so, you create a connection with your buyer before the home has even been visited.

Clutter-free and Clean Make For a Speedy Sale!

Look through your home with a critical eye. Minor repairs and touch-ups should be done to create a well-maintained look and your home needs to be very clean. Remove furniture and clutter as necessary. An orderly home is a home that sells fast!

Filed Under: Blog, Featured Blog Posts, Featured Properties, Home seller tips, Homebuyer tips, Market Statistics, Midtown Direct Events, Millburn/Short Hills, Real Estate Tips, Robin Benjamin, Single Family Home

Buying a Home In Millburn-Short Hills Still Considered a “Best” Investment in U.S.

May 23, 2012 by 1 Comment

keys to buying a home Buying a Home In Millburn Short Hills Still Considered a Best Investment in U.S.Buying a home in Millburn-Short Hills has several unique advantages when compared with renting. Aside from being able to decorate as you choose, receive additional tax benefits, enjoy stability in your housing payments, and increase your ability to make future investments, it just feels good to own your own home!

A survey conducted last month by the PEW Research Center, a non-profit, non-partisan organization considered a “fact tank” on social & demographic trends in America, determined that the majority of adult Americans (81%) still believe “that buying a home is the best long-term investment a person can make.” It is interesting to note that while the same study showed that 47% of those surveyed felt that current economic factors have resulted in a decrease in their current home value, those same home owners felt that their home investment was a safe one.

Even renters seem to agree with the idea of investing in a home, with 81% wishing to buy a home at some point, even if individual circumstances prevent it currently. In fact, when asked to rate long-term financial goals, homeownership and “being able to live comfortably in retirement” were rated the highest by 80% of those surveyed. Survey participants seemed to understand that owning a home provides more than an avenue for generating savings – it also is a place to live and provides an element of physical and emotional stability unlike other investment options.

Further pursuing this question, the survey compared investments – trying to determine which held fast in the long run – the stock market or the housing market. The answer was variable, depending on the year of investment, however, and unable to be determined overall. One item not considered in the survey is that owning a home provides income tax benefits that are not likely to be found in other investments, which could affect the dividend bottom line and how you choose to invest. Click here to view the survey in its entirety.

The Next Step In Buying A Home-

Buying a home in Millburn-Short Hills with the historically low interest rates and our Blue Ribbon Schools  is the perfect opportunity for the first time home buyer to take advantage of what our community has to offer. I post the market trends monthly and having lived in Short Hills and now Chatham for over 30 years, knowing this town and these homes is the easy part for me. Call me or text me.

Home Prices Show Strongest Gain in 6 Years: NAR

Showing properties 1 - 3 of 88. See more Real estate in the 07078 zip code.
(all data current as of 5/22/2013)

  1. $800,000 : 189 Parsonage Hill Rd, Millburn Twp.
    4 beds, 3 full, 1 part baths
    Lot size: 19,166 sqft
    Year built: 1958
    Parking spots: 2
    Days on market: 2
  2. $3,900,000 : 160 Highland Ave, Millburn Twp.
    6 beds, 4 full, 2 part baths
    Home size: 5,542 sq ft
    Lot size: 1.50 ac
    Year built: 1907
    Parking spots: 4
    Days on market: 5
  3. $4,995,000 : 10 Sinclair Ter, Millburn Twp.
    5 beds, 6 full, 2 part baths
    Home size: 7,500 sq ft
    Lot size: 1.28 ac
    Year built: 1936
    Parking spots: 2
    Days on market: 7

The data relating to real estate for sale on this website comes in part from the IDX Program of Garden State Multiple Listing Service, L.L.C. Real estate listings held by other brokerage firms are marked as IDX Listing. Information deemed reliable but not guaranteed. Copyright © year Garden State Multiple Listing Service, L.L.C. All rights reserved. Notice: The dissemination of listings on this website does not constitute the consent required by N.J.A.C. 11:5.6.1 (n) for the advertisement of listings exclusively for sale by another broker. Any such consent must be obtained in writing from the listing broker.

Filed Under: Blog, Featured Blog Posts, Featured Properties, Homebuyer tips, Market Statistics, Real Estate Tips, Robin Benjamin, Single Family Home

Real Estate Charts of the Day: Chatham NJ Listing and Sales Inventory for April

May 20, 2012 by Leave a Comment

images 150x1504 Real Estate Charts of the Day: Chatham NJ Listing and Sales Inventory for April The Contract Sales May 11, 2012 are posted and Chatham is having a great spring.  Chatham High School    topped area results, scoring 7th in NJ (173rd nationwide).  61% of Chatham students passed AP exams – and will receive college credits for their success.  Active Inventory in Chatham is down year to date. In the boro this time last year we’re flat. In the township, it’s 106-83 year to date . My home sale statistics for April have just been posted with information you’ll want when purchasing a home. Search the MLS  for all the NEW listings and keep yourself up on what’s coming on the market and what’s selling.

If you would like to learn more about my local community or discover the meaning behind A New Suburbanism click here or contact me at 973.202.7270

Filed Under: Blog, Chatham NJ, Featured Blog Posts, Featured Properties, Home seller tips, Homebuyer tips, Market Statistics, Real Estate Tips, Robin Benjamin Tagged With: , , ,

Buying A Home In Summit NJ? Apps Can Help!

May 15, 2012 by 1 Comment

ipad apps 244x3001 Buying A Home In Summit NJ? Apps Can Help!Each day technology becomes even more impressive as new tools, products and apps are rolled out that truly have a place in your daily life. It can be exciting and exhausting to try to find the ones that will benefit you. As a homebuyer, it can be overwhelming to narrow down all the choices.  With that in mind, I’ve made my real estate website tech and mobile friendly in the hope that you will find the results you need in your search, however, when it comes to buying a home in Summit NJ, these apps may of benefit to you as well.

Many of these apps are even offered free of charge, although they may request your location information in order to produce the results you desire. If you want more specific information or ideas on specialized apps for your tech devices, please give me a call so we can brainstorm on how I can help meet your real estate needs.  In the meantime, though, check these out!

Not sure where you want to live?

  • Nabewise Get to know neighborhoods in-depth, complete with pictures, reviews and ratings ond rankings on the things you care most about.
  • GreatSchools Get to know local school options and read reviews by staff and parents of children attending the schools. Schools are also scored based on scores and ratings.
  • Yelp Find the best restaurants, shopping, and entertainment in the area you are researching directly from the people who live there. A true “insider’s view.”

Trying to keep track of everything?

  • Evernote Keep track of your buying process, including the information on homes you have seen, complete with your personal notes!

Want to compare?

  • House Hunter This tool allows you to set priorities on your wants and needs and match them to homes you are considering with the feature list and also has a mortgage calculator built in.
  • Trulia – Easy to use and even includes a help button! Depending on your mobile device, you can check and compare listings and even search by feature using your voice.

Looking for actual numbers?

  • Zillow Zestimates and make me move allow you to get an idea of what homes cost on any street and even permit you to make offers to home owners who do not have their property for sale.
  • Realtor.com Get stats on new homes, sold homes, and homes for sale easily and quickly, including price changes in any neighborhood.

 

Filed Under: Blog, Featured Blog Posts, Featured Properties, Home seller tips, Homebuyer tips, Market Statistics, Real Estate Tips, Robin Benjamin, Summit

Real Estate Charts of the Day: Short Hills NJ Listing and Sales Inventory

April 16, 2012 by 1 Comment

images 150x150 Real Estate Charts of the Day: Short Hills NJ Listing and Sales Inventory

Low interest rates along with a well educated pool of buyers have contributed to a very interesting and busy spring market. The Real Estate Charts show active inventory in Millburn-Short Hills  is about  the same as it was this time last year.  The pending sales in Millburn-Short Hills are up 19% while in Summit they are up 40% due to the new construction at Parmley Place. One and Two bedroom homes are available in this new complex located just blocks from downtown Summit.  My home sale statistics for March have just been posted with information you’ll want when purchasing a home. Search the MLS  for all the NEW listings and keep yourself up on what’s coming on the market and what’s selling.

If you would like to learn more about my local community or discover the meaning behind A New Suburbanism click here or contact me at 973.202.7270

Filed Under: Blog, Chatham NJ, Featured Blog Posts, Featured Properties, Home seller tips, Homebuyer tips, Market Statistics, Midtown Direct Events, Millburn/Short Hills, Real Estate Tips, Single Family Home, Summit, Town Home
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The data relating to real estate for sale on this website comes in part from the IDX Program of Garden State Multiple Listing Service, L.L.C. Real estate listings held by other brokerage firms are marked as IDX Listing. Information deemed reliable but not guaranteed. Copyright © year Garden State Multiple Listing Service, L.L.C. All rights reserved. Notice: The dissemination of listings on this website does not constitute the consent required by N.J.A.C. 11:5.6.1 (n) for the advertisement of listings exclusively for sale by another broker. Any such consent must be obtained in writing from the listing broker.

This IDX solution is (c) Diverse Solutions 2013.