AREA MARKET REPORT FOR SUSSEX BORO., NJ JANUARY 2008
DURING THE MONTH OF JANUARY 2008 THERE WERE ONLY 2 PROPERTIES LIST FOR SALE IN THE BORO. THE FIRST PROPERTY IS ASKING $239,000.00 FOR A TOWN-HOME WITH 7 ROOMS 3 BEDROOMS 2.1 BATHS AND A 1 CAR GARAGE BUILT IN 1998. THE SECOND PROPERTY IS ASKING $329,000.00 FOR A RAISED RANCH WITH 8 ROOMS 4 BEDROOMS 2 BATHS AND A 1 CAR GARAGE BUILT IN 2004.
THREE PROPERTIES WERE REPORTED AS UNDER CONTRACT WITH AN AVERAGE ASKING PRICE OF $208,300.00 THESE PROPERTIES HAD BEEN ON THE MARKET FOR AN AVERAGE OF 110 DAYS.
ONE PROPERTY WAS REPORTED AS SOLD WITH AN ASKING PRICE OF $124,900.00 AND SOLD FOR $70,000.00 THIS PROPERTY HAD BEEN ON THE MARKET FOR 334 DAYS AND WAS A DISTRESS SALE.
ONE PROPERTY WAS REPORTED AS WITHDRAWN FROM THE MARKET WITH AN ASKING PRICE OF $335,000.00 AND HAD BEEN ON THE MARKET FOR 109 DAYS.
SUSSEX BORO., NJ IS A BEAUTIFUL AREA WITH MOSTLY OLDER HISTORIC SITE'S AND BUILDINGS. THE SUSSEX COUNTY AIRPORT IS NEARBY FOR THE PRIVATE PILOT AND HELICOPTERS FLY IN AND OUT. THE TOWNS OFFERS THEATER-PLAYS, AND SOME PRETTY INTERESTING SHOPS. THERE IS A CHURCH ALONG MAIN STREET BUILT IN THE 1800'S AND IS STILL IN USE TODAY.
THERE IS CITY UTILITIES SERVICING THE TOWN HOMES AND SOON THE TOWN WILL BE SELLING ITS WATER TO NEARBY MUNICIPALITIES SO THEY CAN LOWER THERE SEWER FEES TO RESIDENTS. NEWER CONSTRUCTION IS IN THE PLANNING STAGES TO GO BEHIND THE A & p SO EMPLOYMENT WILL BE GOING UP.
IF YOU ARE CONSIDERING BUYING OR SELLING ANY REAL ESTATE IN THE AREA CALL ME, I CAN HELP WITH ALL YOUR NEEDS.
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