The Polo Club in Far Hills NJ Real Estate Market Update
by Bob Zorechak - GRI, ABR, e-PRO
Ideally situated in the center of Far Hills (Somerset County) NJ, The Polo Club is an upscale Townhome community consisting of 96 homes, whose close proximity to the train station makes it ideal for both New York commuters or those who prefer living within walking distance to everything in town without the burden of maintaining the exterior, landscaping and snow removal. Most of the units were built in early to mid 1990's, and vary in size from approximately 2,000 to 3,000 square feet. Prices generally start in the upper $500’s to just under $1M.
The Polo Club is conveniently directly across the street from the Far Hills Train Station featuring mid-town direct service to NYC, and Moorland Farms, the site of the annual Far Hills Race Meeting, which offers some of the richest purses in America and is host of the Breeders’ Cup steeplechase, the most prestigious race in American steeplechasing. Held annually at the height of the fall foliage season in late October, this event has been in existence for the past 90 years. Race day purses can equal up to or more than $1,000,000, with six races offering the highest purses on the National Steeplechase Association circuit. Considered one of the premier social events of the year in the tri-state area, it is attended by as many as 50,000 people annually.
There are currently (3) townhomes For Sale, (0) Pending or Under Contract and (7) that have Sold within the past 12 months. There were (5) units Sold in 2010, with only (2) in 2009 and (4) in 2008. See below for all of the most up to date activity regarding Listing and Sales activity for The Polo Club going back to 2008:
Follow the link for the rest of this detailed report on the current state of
The Polo Club in Far Hills NJ Real Estate Market Update
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