According to the Garden State MLS, the month of May, 2009 ended with 30 Franklin Township single family residencessold. Sale prices ranged between $130,000 and $617,500 .
The month ended with 401 active listings on the market ranging in price from $120,000 to $1,265,000. There are 100 residential properties under contract.
That's what is happening in the marketplace now, June 6, 2009
If you have a question about a specific property in town, or stats for surrounding areas, please don't hesitate to contact me.
Source: Garden State MLS, L.L.C. **Info. deemed RELIABLE but not GUARANTEED - ALL Room Sizes are Approx.**
What's happening in the marketplace, now - June 5, 2009
According to the Garden State MLS, currently there are two (2) homes actively listed for sale in this Franklin Township Townhouse development, at the time of posting. The two available are 2-story townhouses with 3 bedrooms-2.5 baths. View these active listings.
There are no new listings since my last report to you on May 4, 2009. Both actively listed prices range between $298,000 and $299,000.
There has been one Carriage Homes at Quailbrook sale since the last report; 246 Glastonbury Ln, 3-bdrm/2.5 baths - $300,000. *DOM=19
Two properties are currently under contract for sale and one additional is in attorney review.
That's what is happening in the marketplace now, June 5, 2009.
If you have specific questions about a Carriage Home proprerty or any local property, email me at: mjadams@century21.com or call (908) 583-0409.
Source: Garden State MLS, L.L.C. **Info. deemed RELIABLE but not GUARANTEED - ALL Room Sizes are Approx.**
Regardless of the listing agent, office or MLS service; if you are not already working with an agent, give me a call or send an e-mail and I will be happy to arrange a personal tour of any listed property or open house that you might find on the Internet, print media or yard sign. Contact Me
There is no need to feel overwhelmed. Click here for Buyer Advice. And most importantly, as a buyer read why you might not want to venture out on your own... http://tinyurl.com/acv5zx
At the time of posting the following properties are scheduled for an Open House, this coming Saturday and/or Sunday. Click here to view pictures of this week's Open Houses.
Listing information provided by Garden State MLS **Info. deemed RELIABLE but not GUARANTEED - ALL Room Sizes are Approx.**
Morning Rhymes for Toddlers 03/27/2009 at 10.30am & 11:30am
Public Library - 485 DeMott Lane, Somerset, NJ 08873
Babies and toddlers develop oral language skills and have some fun as they take part in this active nursery rhyme program with their parents or grandparents. No registration is necessary.
Guitar Hero - Teens (grades 7-12) 03/29/2009 at 1.30pm
Public Library - 485 DeMott Lane, Somerset, NJ 08873
Teens - Bring your friends and play Guitar Hero on the big screen! Snacks will be provided. Meets in the Community Room.
Century 21 Moretti Realty and Century 21 Our Town Realty join forces
Earlier today the Century 21 offices of Moretti Realty and Our Town Realty joined forces for the purpose of expansion. The new entity will be known as Century 21 Moretti Realty with office locations at 225 Maple Ave, South Plainfield and 852 Easton Ave, Somerset, New Jersey.
With combined sales of $135 million and 75 sales associates, the company will be among the top Century 21 companies in the State of New Jersey. Century 21 Moretti will be servicing Middlesex, Somerset, Hunterdon, Union, Mercer and Monmouth counties. Toni Moretti, co-owner, said "The cultures of both companies compliment one another while our combined strenghts offer our customers more marketing resources."
I couldn't agree more with Toni Moretti. Building upon the strenghts of these two well established and respected companies will only serve to benefit our customers and clients. I am excited by this announcement and by the new opportunities it will bring me to provide greater services to you.
Literally, time will tell. Possibly as early as tomorrow mortgage rates may reflect the Federal Reserve's stunning plan to buy up to $300 billion of long-term government bonds and $750 billion in additional mortgage-backed securities guaranteed by Fannie Mae and Freddie Mac. The national average rate on 30-year, fixed mortgages was 5.15% on Wednesday, according to financial publisher HSH Associates, up slightly from a day earlier. Rates could drop up to .50%.
Here are two ways refinance may benefit you:
As homeowner #1 - A long time home owner with a mortgage balance of $87,800 might save more than $26,800 in interest charges over the life of the loan by refinancing from 5.75% to 4.75% and reducing the loan from 30 years to 20 years. In this scenario, the monthly payment would actually increase approximately $7.40 a month while paying 2 points at closing. You would need to stay in your current home for at least 24 months in order to yield savings. That's how long it will take for the monthly interest savings to offset the closing costs attributable to refinancing.
As homeowner #2 - Using the same basis numbers of a remaining $87,800 balance with a rate reduction of 5.75% to 4.75% and paying 2 points at closing but refinancing for 30 years the monthly savings would be approximately $102. However, you would pay an additional $1,885 (approx.) in interest charges over the life of the mortgage.
Consult your financial or mortgage advisor to see how refinancing may benefit you. Compare current refinancing rates with the HSH Showcase of Lenders
With Spring just days away, homeowners may begin thinking of home improvements. if you are thing of refinancing to extract home equity to improve your home's energy efficiency you might be eligible for up to a 30% tax credit. For more information, visit EnergyStar.gov
Governor Jon Corzine, to a joint session of the New Jersey Legislature, announced plans to eliminate the ability for all non-senior households, regardless of income, to deduct property taxes from their state tax filings.
At a time when the global economic crisis weighs heavy on the minds of Garden State residents, this proposal is counterproductive and will hinder recovery efforts. The loss of the deduction will make it even more difficult for families struggling to afford to stay in their homes.
This is impotant for homeowners and future homeowners, alike. Please join with me and let our state representatives know that this ill conceived plan is unacceptable.
To learn more about this issue now, Click here to take action. Please share this posting with neighbors, family, friends and co-workers. As the leading advocate for homeowners and the real estate industry in the state, the New Jersey Association of REALTORS (NJAR) is adamantly opposed to this proposal.
What's happening in the marketplace, now - March 7, 2009
According to theGarden State MLS, currently there are five (5) homes actively listed for sale in this Franklin Township Townhouse development, at the time of posting. Two are 1-story Ranch style townhomes with 2 bedrooms-2 baths. Three are a 2-story townhouse with 3 bedrooms-2.5 baths. View these active listings.
There is one new listings since the last report to you on February 6th. All actively listed prices range between $249,000 and $322,500.
There has been one Carriage Homes at Quailbrook sale since the last report; an updated Ranch, 327 Shilling, for $260,000. One 2-story 2-bedroom/2.5 bath townhousench home is currently under contract.
That's what is happening in the marketplace now, March 7, 2009.
If you have specific questions about a Carriage Home proprerty or any local property, email me at: mjadams@century21.com or call (908) 583-0409.
Source: Garden State MLS, L.L.C. **Info. deemed RELIABLE but not GUARANTEED - ALL Room Sizes are Approx.**
February 2009 Franklin Township Monthly Market Report
click to view
According to the Garden State MLS, the month of February, 2009 ended with 20 Franklin Township single family residencessold. Sale prices ranged between $80,000 and $755,000.
The month ended with 346 active listings on the market. There are 59 residential properties under contract.
That's what is happening in the marketplace now, March 7, 2009
If you have a question about a specific property in town, or stats for surrounding areas, please don't hesitate to contact me.
Source: Garden State MLS, L.L.C. **Info. deemed RELIABLE but not GUARANTEED - ALL Room Sizes are Approx.**
08873 is the Postal Code for Franklin Township in Somerset County, NJ and we love living here. Hi, I'm Mike Adams and this is a Real Estate blog For and About current and future residents of Franklin Township, also known as Somerset New Jersey. I would love to help you with your central NJ real estate needs. Just contact me via phone, my websites or email. I invite your comments and please visit Somerset 08873 often. Michael Adams CENTURY21 Moretti Realty 852 Easton Ave, Somerset, NJ 08873 Business: 732.828.3700 ext.306 PLEASE CALL DIRECT: 908.377.9262 Fax: 732.828.3913 mjadams@century21.com http://www.mjAdamsSellsHomes.com
Disclaimer: ActiveRain Corp. does not necessarily endorse the real estate agents, loan officers and brokers listed on this site. These real estate profiles, blogs and blog entries are provided here as a courtesy to our visitors to help them make an informed decision when buying or selling a house. ActiveRain Corp. takes no responsibility for the content in these profiles, that are written by the members of this community.
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