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Area Market Report For Green Twp, NJ September 2007

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Real Estate Agent with Juba Team Realty

Area Market Report For Green Twp, NJ September 2007

Information provided by; Gary Rocks, Broker Sales Associate, WERNER REALTY OF Sussex County.

During the month of September there were 13 newly marketed properties with an average asking price of $546,200.00. The lowest asking price is $280,000.00 for a Bi-level home on a 100 X 100' lot. The highest asking price is $725,000.00 for a Colonial with added house on the lot situated on 3 acres of land.

Two properties were listed as "UC" under contract one was asking $399,000.00 for a ranch home on over 7 acres and the second was asking $499,999.00 for a 10 room Colonial on almost 3.5 acre's. the average days on market was 172.

Four properties closed title with an average asking price of $514,206.00 and actual closed price of $499,218.00 these properties where on the market from start to finish for an average of 114 days. This represents a Listing to Sold ratio of 97.08% Very good rate of return.

Eleven properties failed to sell with an average asking price of $541,572.00 and was on the market for an average of 189 days.

Green Twp; NJ is located in the Northwestern part of NJ in Sussex County with plenty of farm land and the homes generally have a decent amount of property. The area is close to Interstate 80 and makes this an excellent choice for people wanting to have their first home and still live in the country yet be close enough to a major highway.

The atmosphere of the county is serene with rolling hills farmlands and farm animals scattered throughout the area. Great home town feeling, Schools & houses of worship are all nearby.

Thinking of coming to the area? Call me today, I'll find you a great home and be with you every step of the way just as if you were family!

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