Basking Ridge NJ Real Estate Maple Run Townhomes Market Update November 2011

By
Real Estate Agent with Keller Williams Realty Metropolitan

  Basking Ridge NJ Real Estate Maple Run Townhomes Market Update November 2011

by Bob Zorechak - GRI, ABR, e-PRO


Maple Run Townhomes in Basking Ridge NJThis 64 unit development offers a private and secluded setting consisting of contemporary style townhomes situated primarily in cul-de-sac configurations for maximum privacy.  Conveniently located in the northeast corner of Basking Ridge (Bernards Township) and one mile from the center of town, shopping, restaurants, golf, the train and bus to NYC, award winning schools, major commuter highways and much more, the Maple Run Townhomes in Basking Ridge NJ are truly a hidden gem.


For additional background information on this community follow the link below:


Maple Run Townhomes in Basking Ridge NJ


Maple Run Townhomes in Basking Ridge NJSales activity at Maple Run has been fairly consistent with (4) units Sold in each of the previous four years (including 2011 through November).  As you can see from the spreadsheets below, the Average Sales Price has been steadily declining over that same period, as well with a high of $544,375 in 2008 and $444,750 through the current period of November 2011, however the rate of decline in average sale price for similar type properties is significantly less than that of other nearby towns.  There are (2) units currently For Sale with one unit Pending or Under Contract and (4) units that Sold within the past 12 months.


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Basking Ridge NJ Real Estate Maple Run Townhomes Market Update November 2011

 

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This information is provided to you by New Jersey Real Estate Finder

with a commitment to serving both buyers and sellers in select towns

in and around:

 

Somerset County (Bedminster, Basking Ridge, Bernardsville,

Far Hills, Peapack-Gladstone)

 

Morris County (Long Valley, Chester, Mendham,

Morris Township, Morristown, Madison, Chatham)

 

Hunterdon County (Tewksbury, Lebanon Township)

 

 

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Robert “Bob” Zorechak

GRI    ABR   e-PRO   Realtor

 

Mobile: 908.267.2465

eMail: Bob@BobZorechakRealtor.com

 

NewJerseyRealEstateFinder.com

 

 

Keller Williams Realty Metropolitan

55 Madison Avenue

Morristown, New Jersey 07960

Ph: 973-539-1120   Fx: 908-698-0202

 

Helping You Make Good Decisions

 

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All Content & Photography Copyright © 2014 by Bob Zorechak

 

Comments (1)

Katerina Gasset
Get It Done For Me Virtual Services - Wellington, FL
Get It Done For Me Virtual Services

Hi Bob. Thanks for sharing a market update of Basking Ridge NJ. When it comes to NJ real estate, you definitely have the expertise and the knowledge the buyers and sellers should look for. Thanks for sharing!

Dec 19, 2011 03:48 PM