Bridgewater NJ Area Real Estate Blog

Claudia Marrone

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Should I put my home on the market now or should I wait for the Spring?

by Claudia Marrone

I had a homeowners ask me this question yesterday so I wanted to share my answer with all of you.  The answer is, yes, you should put your house on the market sooner rather than later, even if it's during the winter season.  During the winter, only serious and motivated buyers are out looking at homes with their realtor.  In the spring and summer months, you will get "lookers".  Furthermore, inventory is low and so are the interested rates.  In other words, this is a great time for you to put your home on the market! 

If you want a complimentary Comparable Market Analysis (CMA) for your home, let me know. 

Claudia Marrone

Licensed Real Estate Agent with Re/Max Classic Group

Top Producing Agent in Somerset County

Cell: 908-304-4520

 

 

Snapshot view of the Warren Township NJ Real Estate Market

by Claudia Marrone

As of today, total number of homes available for sale in Warren NJ: 84

Average List Price of those 84 homes in Warren, NJ: $1,115,808 with an average of 4.5 Bedrooms, 3.5 Full Baths,

Average Days on the Market: 109 days

Total number of homes that are currently Under Contract: 17

Average List Price of those 17 homes: $866,652 with an average of 4.1 Bedrooms, 3.1 Full Baths

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

The current absorption rate for Warren, NJ is: 21 months

In the last 30 days, the total number of homes that have Sold is 9

For the 9 homes, the average List Price was: $960,767 vs Average Sold Price of: $903,667

Average Days on the Market for the sold homes was: 93 days

If you are looking to buy a home in Warren (Somerset County), this is the time to do it.  There are a good number of homes to look through plus the current interest rates are low!  If you are looking to sell your home in Warren, make sure that your price reflects your location and condition. 

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

If you are thinking of selling your house in Warren, 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 Warren, call me for a free buyer consultation.

Claudia Marrone
Realtor, Associate
NJAR Circle of Excellence Sales Award – Silver Level - 2012, 2013, 2014
Re/Max Classic Group
O: 908-393-8143
C: 908-304-4520

Source: GSMLS 01/20/2016

 

Snapshot view of the Branchburg NJ Real Estate Market

by Claudia Marrone

As of today, total number of homes available for sale in Branchburg NJ: 57

Average List Price of those 57 homes in Branchburg, NJ: $542,821 with an average of 3.6 Bedrooms, 2.3 Full Baths,

Average Days on the Market: 105 days

Total number of homes that are currently Under Contract: 28

Average List Price of those 28 homes: $701,936 with an average of 3.6 Bedrooms, 2.5 Full Baths

In the last 30 days, the total number of homes that have gone Under Contract: 3

The current absorption rate for Branchburg, NJ is: 19 months

In the last 30 days, the total number of homes that have Sold is11

For the 1 homes, the average List Price was: $414,713 vs Average Sold Price of: $404,045

Average Days on the Market for the sold homes was: 85 days

If you look at the absorption rate alone, Branchburg is in a buyer’s market.  However, if you look at all of the data, Branchburg’s market is doing relatively well.  There is not a lot of inventory out there.  I recommend that if you are going to put your home on the market, price it right.  If you are looking to buy a home in Branchburg, this is a great time to do it!

Claudia Marrone is a top Re/Max 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 – Silver Level - 2012, 2013, 2014
Re/Max Classic Group
O: 908-393-8143
C: 908-304-4520

Source: GSMLS 01/14/2016

Snapshot view of the Bridgewater NJ Real Estate Market

by Claudia Marrone

As of today, total number of homes available for sale in Bridgewater NJ: 133

Average List Price of those 133 homes in Bridgewater, NJ:  499,873 with an average of 3.5 Bedrooms, 2.2 Full Baths,

Average Days on the Market: 113 days

Total number of homes that are currently Under Contract: 55

Average List Price of those 55 homes: $385,704 with an average of 3.2 Bedrooms, 2.0 Full Baths

In the last 30 days, the total number of homes that have gone Under Contract: 23

The current absorption rate for Bridgewater, NJ is: 5.78 months

In the last 30 days, the total number of homes that have Sold:45

For the 45 homes, the average List Price was: $444,794 vs Average Sold Price of: $431,810

Average Days on the Market for the sold homes was: 68 days

Whether you are looking to buy a home in Bridgewater or sell a home in Bridgewater, the above stats are good information.  The market is moving well and this is the time to act! 

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 is a top Re/Max real estate agent in Somerset County with a successful track record.

Claudia Marrone
Realtor, Associate
NJAR Circle of Excellence Sales Award – Silver Level - 2012, 2013, 2014
Re/Max Classic Group
O: 908-393-8143
C: 908-304-4520

Source: GSMLS 01/13/2016

Snapshot view of the Somerville NJ Real Estate Market

by Claudia Marrone

As of today, total number of homes available for sale in Somerville NJ: 26

Average List Price of those 26 homes in Somerville, NJ: $266,446 with an average of 3.2 Bedrooms, 1.6 Full Baths,

Average Days on the Market: 102 days

Total number of homes that are currently Under Contract: 15

Average List Price of those 15 homes: $239,473 with an average of 3.4 Bedrooms, 1.7 Full Baths

In the last 30 days, the total number of homes that have gone Under Contract: 7

The current absorption rate for Somerville, NJ is: 3.71 months

In the last 30 days, the total number of homes that have Sold: 9

For the 9 homes, the average List Price was: $292,422 vs Average Sold Price of: $272,000

Average Days on the Market for the sold homes was: 140 days

Overall, the real estate market in Somerset County is doing very well, this includes Somerville Borough.  The absorption rate clearly indicates that Somerville NJ is in a “seller’s market”.  This means that if you have a home to sell in Somerville, this is the time to do it.   If you are looking to buy a home in Somerville, don’t wait, prices will continue to rise. 

If you are thinking of selling your house in Somerville, 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 Somerville, call me for a buyer consultation.

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

Claudia Marrone
Realtor, Associate
NJAR Circle of Excellence Sales Award – Silver Level - 2012, 2013, 2014
Re/Max Classic Group
O: 908-393-8143
C: 908-304-4520

Source: GSMLS 01/12/2016

New House Listing To Hit The Branchburg NJ Real Estate Market

by Claudia Marrone

Beautifully Updated and Maintained 4 Bedroom Ranch House, nestled in Neshanic Station on an acre of land! Special features include: Gleaming refinished Hardwood Floors (2012); Neutral wall colors throughout (2012); Updated Full Bath with Travertine floor & shower walls with decorative accent tiles (2014); Master Bath completely redone with Granite Vanity Top and Tiled Shower walls with a Glass Door (2015); Interior house features include molding, recess lights, and bay windows. New Kitchen floor (2015); New Entry and Interior Doors (2012); Porch with a new Front Stone Wall (2012); Ample storage space throughout including the oversized garage, basement and dual attics; Open outdoor space featuring the Deck and Patio. Listing presented by Claudia Marrone of Re/Max Classic Group. 

A must read: Somerville Through Time - Somerville NJ

by Claudia Marrone

   

I had the great opportunity to attend this past Saturday's book signing of "Somerville Through Time", authored by the one and only James L. Sommerville III, along with Linda and Robert Barth.  As someone who lives and sells real estate in Somerville, I was excited to get my hands on this book.  The book includes before and now photos of various locations in town as well as churches and Victorian homes.  I highly recommend this book to anyone who is interested in learning more about a town that’s filled with rich history.  Happy Reading! 

Claudia Marrone is a top real estate agent with Re/Max Classic Group, offices in Somerville and Branchburg. 

 

New House Listing - House for Sale in Branchburg NJ

by Claudia Marrone

 Well maintained Colonial House, centrally located in Branchburg Township. Special Features: Flowing and open floor plan featuring the large Eat-In-Kitchen that opens up to the Family Room. Hardwood floors throughout the house, even under the carpets. Master Suite with a spacious full bath and walk-in closet. The maintenance free composite deck, paver patio and BBQ gas line offers a tranquil and beautiful outdoor living space! Paver stone walkway leads to the new front entry door and side panels. Oversized 2 car garage for additional storage space. 200 AMP service, wired for a back-up generator. Land backs up to green acres! Walk through this house and you will want to call it HOME! Listing presented by Claudia Marrone, Real Estate Agent with Re/Max Classic Group.  

New Home for Sale in Bridgewater NJ - Townhouse for Sale

by Claudia Marrone

  Well taken care of 2 Bedroom townhouse in the highly sought out Glenbrooke development of Bridgewater. Prime location in Glenbrooke with private views!!!  Special Features & Updates: Living Room features two-story ceiling, wall of windows, and gas fireplace. Kitchen offers ample cabinet and counter space plus a new garbage disposal (2010). Anderson Slider Glass Door (2010). Patio surrounded by wood fence and beautiful private views! Carrier Furnace (2011). Carrier Central Air Conditioning Sys (2011). GE Hot Water Heater (2008). Alarm System. New Roof, Vents and Gutters (2014). Special Roof Assessment paid in full by the owner. Located minutes to major highways: Rte 78, 287, 22,202 and 206. Minutes to shops, restaurants, parks & NJ/NYC train station.  Listing presented by Claudia Marrone, Real Estate Agent with Re/Max Classic Group.  A new listing added to the Bridgewater NJ real estate market. Check it out today!

New House Listing_House for Sale in Branchburg NJ

by Claudia Marrone

 Welcome to this well maintained 4 Bedroom Colonial home in beautiful Branchburg Township, situated on a serene one acre lot.  Colonial house with an open floor plan and ample sized rooms. New Gas Furnace installed 2011. New Central Air Conditioning System installed 2011. New Hot Water Heater installed 2011. All windows replaced in 1999. The patio and covered porch lead to a gorgeous backyard which is a perfect place for relaxing summer BBQ?s! The basement offers great extra storage and is waiting to be finished. Located minutes to the NJ/NYC train station, shops, restaurants, parks and major highways. Listing presented by Claudia Marrone, Real Estate Agent with Re/Max Classic Group.  

Displaying blog entries 1-10 of 138

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