Bridgewater NJ Area Real Estate Blog

Claudia Marrone

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A quick view of the Branchburg NJ Real Estate Market

by Claudia Marrone

Total number of homes available for sale in Branchburg NJ is 67

Average List Price of those 67 homes in Branchburg, NJ: $610,340 with an average of 3.7 Bedrooms, 2.5 Full Baths, and 1.5 Garages

Average Days on the Market: 145 days

Total number of homes that are currently Under Contract: 17

Average List Price of those 17 homes: $475,024

In the last 30 days, the total number of homes that have gone Under Contract: 4

The current absorption rate for Branchburg, NJ is:  16.75 months

In the last 30 days, the total number of homes that have Sold is 12

For the 12 homes, the average List Price was: $411,008 vs Average Sold Price of $395,792

Average Days on the Market for the sold homes was 72 days

To summarize, based on the high absorption rate, home sellers need to make sure that the list price of their home is a true reflection of the location and condition of the home.  If these numbers are misaligned, your home will linger on the market. 

Claudia Marrone is a top real estate agent in Somerset County with a successful track record.

If you are thinking of selling your house in Branchburg, let me know so that I may give you a complimentary CMA and further discuss the market conditions.  If you are thinking of buying a home in Branchburg, call me for a free buyer consultation.

Claudia Marrone
Realtor, Associate
NJAR Circle of Excellence Sales Award – Gold Level 2015

Re/Max Classic Group
O: 908-393-8143
C: 908-304-4520

Source: GSMLS 1/19/2017

 

Here’s the latest stats on the Bridgewater NJ Real Estate Market

by Claudia Marrone

Total number of homes available for sale in Bridgewater NJ is 142

Average List Price of those 142 homes in Bridgewater, NJ: $565,676 with an average of 3.7 Bedrooms, 2.4 Full Baths, and 1.7 Garages

Average Days on the Market: 112days

Total number of homes that are currently Under Contract: 60

Average List Price of those 60 homes: $483,822

In the last 30 days, the total number of homes that have gone Under Contract: 25

The current absorption rate for Bridgewater, NJ is:  5.68 months

In the last 30 days, the total number of homes that have Sold is 39

For the 39 homes, the average List Price was: $461,833 vs Average Sold Price of $448,696

Average Days on the Market for the sold homes was 74 days

So, what do all of these numbers mean?  Well, given that we are in the middle of winter and we just had the Presidential election, the Bridgewater NJ real estate market is moving in the right direction.  If you are homeowner and want to sell your house, don’t hesitate, call your realtor today.  Same goes if you are a buyer, call your realtor today and check out what’s on the market.  If interest go up again, your buying power will decrease. 

Claudia Marrone is a top real estate agent in Somerset County with a successful track record.

If you are thinking of selling your house in Bridgewater, let me know so that I may give you a complimentary CMA and further discuss the market conditions.  If you are thinking of buying a home in Bridgewater, call me for a free buyer consultation.

Claudia Marrone
Realtor, Associate
NJAR Circle of Excellence Sales Award – Gold Level 2015

Re/Max Classic Group
O: 908-393-8143
C: 908-304-4520

Source: GSMLS 1/19/2017

 

Updated inside and out, brick-front Brentwood Model Colonial with Kitchen and Family Room bumpout, offering over 3,500 square feet of living space! Premium Lot w/private views in Country Classics. Luxurious updates of more than $150,000!!! Lower level features gleaming wide-angled hardwood floors. Gourmet Kitchen w/custom Level 4 cabinetry, custom designed pantry w/pull-out shelves, Level 2 granite counter tops, center island w/overhang & sconce lights, double wall ovens & stovetop venting to the exterior! Crown & baseboard molding & recessed lights thru out. Lower level Guest Room/Office sits adjacent to Powder & Laundry Rm (expand for a Full Bath)! Master Suite w/Sitting Rm & Bath w/Level 4 granite dual vanity. Full Bath w/Meganite vanity. 1,100 sq ft paver stone Patio w/firepit & grill gas line.  House listing presented by Claudia Marrone of Re/Max Classic Group. 

Beautiful New Condo Listing to hit the Real Estate Market

by Claudia Marrone

Beautifully maintained home, with private and serene views. Special Features: Carpet in Living and Dining Room (2014). Hot Water Heater (2012). Kitchen features tiled backsplash, Range/Oven (2012), and faucet (2012). Baths with shower heads and sink faucets (2016). Front-facing windows (2010). Heated storage closet. Welcome HOME!  This listing is presented by Claudia Marrone of Re/Max Classic Group.

Move-In-Ready House hits the Branchburg NJ real estate market!

by Claudia Marrone

  Beautifully maintained Ashwood Model Colonial, nestled in the Branchburg Heights Development. Centrally located, just minutes to parks, schools, shopping, restaurants and major highways. The picturesque and manicured landscaping, paver walkway and patio welcomes you to your new home! Special Features: Open & flowing floor plan w/ 2,700 plus square feet of living space; Kitchen opens directly to the Family Room, ideal for entertaining; Office/Guest Room conveniently located on lower level; Grand Master Bedroom Suite w/dual closets w/built-in organizers, Sitting Room & Master Bath; Updated Full Bath (2015) w/dual sinks & rectangular floor tiles; Finished walkout basement (2006) featuring the Media, Rec & Game Rooms; Irrigation System for front & backyard; Front Roof (2012); and CAC (2013). Two more words....Welcome Home!!!

New House Listing in Branchburg NJ

by Claudia Marrone

Magnificent opportunity to own a fully renovated Colonial house from the 1800s along with its Carriage House. Centrally located, minutes to major highways, schools, parks, restaurants and shops! Special features: Kitchen w/granite countertops, SS appliances, 5-burner range with a Zephyre Savona Wall Hood, 42 inch cherry wood cabinets, & cathedral ceilings w/exposed beams. Gleaming hardwood floors throughout, including original wide-plank pumpkin pine wood floors in some rooms. FR features wet-bar w/granite counter & gas fireplace. Master Suite features high ceilings with exposed beams, walk-in-Closet w/built-in organizers, secondary double closet & full bath. Excellent home for corporate relo, home-based business or in-law suite! Carriage House has Kitchen, LR, 2BRs, Bath, renting for $1150/month.  This new home listing to hit the market is brought to you by Claudia Marrone, Re/Max Classic Group. 

New 4 bedroom house listing in Somerville NJ

by Claudia Marrone

  Well taken care of 4 Bedroom Split Level, located in the heart of Somerville! Minutes to schools, parks, downtown Somerville, NJ/NYC train station and major highways (Rte 22, 78, 287, 202 and 206). Updates and Special Features include: Open floor plan with the Eat-in-Kitchen overlooking the Family Room. Hardwood floors. High ceilings in the formal Dining Room. Picture window in the Living Room. Full bath with updated vanity, sink and lights. Ample closet and storage space throughout. Anderson Storm Door (2013). Central Air Conditioning (2010). FIOS ready. Washer and Dryer (2016). Ideal for outdoor entertaining and living with a large backyard and new paver patio (2014).  Listing presented by Claudia Marrone, Re/Max Classic Group.

Snapshot view of the Bridgewater NJ Real Estate Market

by Claudia Marrone

Total number of homes available for sale in Bridgewater NJ is 202

Average List Price of those 202 homes in Bridgewater, NJ: $584,338 with an average of 3.8 Bedrooms, 2.4 Full Baths, and 1.7 Garages

Average Days on the Market: 90 days

Total number of homes that are currently Under Contract: 97

Average List Price of those 97 homes: $487,022

In the last 30 days, the total number of homes that have gone Under Contract: 48

The current absorption rate for Bridgewater, NJ is:  4.2 months

In the last 30 days, the total number of homes that have Sold is 57

For the 57 homes, the average List Price was: $467,547 vs Average Sold Price of $459,117

Average Days on the Market for the sold homes was: 43 days

The absorption rate is clearly indicating that Bridgewater NJ is in a “seller’s market”.  If you own a home in Bridgewater NJ and you are thinking of selling it, this is the time to do it.  If you are on the flip side and you are a buyer, you need to act quickly and be aggressive with your offer.  The homes that are priced right, are selling!

Claudia Marrone is a top real estate agent in Somerset County with a successful track record.

If you are thinking of selling your house in Bridgewater, let me know so that I may give you a complimentary CMA and further discuss the market conditions.  If you are thinking of buying a home in Bridgewater, call me for a free buyer consultation.

Claudia Marrone
Realtor, Associate
NJAR Circle of Excellence Sales Award – Gold Level 2015

Re/Max Classic Group
O: 908-393-8143
C: 908-304-4520

Source: GSMLS 7/7/2016

 

Gorgeour Center Hall Colonial House for Sale in Warren NJ

by Claudia Marrone

Stunning Center Hall Colonial, situated on over 1.5 acres of private and serene surrounds. Drive up to this meticulously maintained home and be prepared to be taken away! Special Features include: Open floor plan w/ the Kitchen overlooking the two-story Family Room. Kitchen features granite countertops, tiled backsplash, center island plus ample cabinet space. Gleaming hardwood floors on each level. Dual Master Bedroom Suites (1996/2006). Professionally painted (2016). The Sunroom, Deck and Backyard are ideal for outdoor entertaining. Professionally manicured grounds w/ irrigation system. Professionally painted (2016). Generex built-in house generator. Tamko fiberglass Roof. Prime location, minutes to restaurants, shops, NY/NYC Train Stations (Dunellen or Sterling-NY direct), and major highways. Listing presented by Claudia Marrone of Re/Max Classic Group.

    NEW 2 bedroom, 2 bath apartment, situated right on Somerville's downtown Main Street with assigned private parking in the rear of the building.  This boutique style apartment building is located across the street from the newly designed Division Street and just one block f/ the courthouse and NY/NJ Train Station. The apartment is modern, chic, urban. Special features: High ceilings. Kitchen w/ granite countertops, 42 inch cabinets, stainless steel appls, & island w/ under cabinets and drawers. Dual baths w/ ceramic tiled walls & floors. Full size washer & dryer. Deep & wide closets. Private entrance w/ elevator. Exclusive parking lot. Simply unpack and start living the urban life!!! Rental listing presented by Claudia Marrone of Re/Max Classic Group. 

Displaying blog entries 1-10 of 156

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