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Belleville, NJ Real Estate News

By Tony Busanich, 1-4 FAMILY HOME LOAN SPECIALIST
(TD Bank)
Is a 3.5% low-down payment the standard for homebuyers in Belleville, New Jersey?When first-time home buyers are looking for 3.5% low-down payment conventional mortgage without PMI they offer have many options but aren’t sure where to look. A minimum of 20 percent down payment is not the standard anymore. New first-time homebuyer programs are available with as little as 3.5% down.  The cost of the mortgage insurance (MI) maybe paid by the bank depending on the borrower's credit score and location of the property there buying. Borrowers with lower credit scores may be better off with an FHA loan. The disadvantage with FHA loans is that the borrower cannot cancel the MI for an FHA loan. The only way to get out of it is by refinancing into a conventional loan.Aside from the down payment, t...
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By Matthew DeFede, Top Broker in Nutley New Jersey
(Realty Executives Elite Homes)
28 Bell St, Belleville, NJ - SOLD! Get Directions Click Here Description Photos Maps & Local Schools Print Brochure Our Reviews $ Click for current price 3 BEDROOMS | 2 (2 full ) BATHROOMS | GREAT STARTER HOME WITH FULL IN-LAW SUITE IN NICE PART OF BELLEVILLE, CLOSE TO TRANSPORTATION AND BUS TO NYC THIS AFFORDABLE HOME IS GOING TO GO FAST!  Just Sold! Get the Info! Belleville Homes For Sale What Is Your Home Worth? Search Available Rentals Search All Homes For Sale Homes Close to Where You Work Avoid Foreclosure Free Home Values Schedule a Showing/Request Info Presented By: Realty Executives Elite Homes Broker/Owner Realty Executives Elite Homes 862-228-0554 Licensed In: NJ   Elite Homes
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By Matthew DeFede, Top Broker in Nutley New Jersey
(Realty Executives Elite Homes)
1511 Hamilton St, Belleville, NJ Get Directions Click Here Description Photos Maps & Local Schools My Reviews $ Click for current price 2 BEDROOMS | 3 (3 full ) BATHROOMS | Lovely Townhome with upgrades through out. Cherry wood floors, granite counter tops and more. Close to NYC Trans Follow This Home! Belleville Homes For Sale Search All Homes For Sale Luxury Home Values Homes Close to Where You Work Avoid Foreclosure What is Your Home Worth? Presented By: Realty Executives Elite Homes Broker/Owner Realty Executives Elite Homes 862-228-0554 Licensed In: NJ Schedule a Showing/Request Info  
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By Matthew DeFede, Top Broker in Nutley New Jersey
(Realty Executives Elite Homes)
110 Cedar Hill ave, Belleville, NJ Get Directions Click Here Description Photos Maps & Local Schools My Reviews $ Click for current price 3 BEDROOMS | 2 (1 full, 1 half ) BATHROOMS | Immaculate 3 Bedroom 1.5 Bath Home For Sale in Desirable Area of Belleville New Jersey Follow This Home! Belleville Homes For Sale Search All Homes For Sale Luxury Home Values Homes Close to Where You Work Avoid Foreclosure What is Your Home Worth? Presented By: Realty Executives Elite Homes Broker/Owner Realty Executives Elite Homes 862-228-0554 Licensed In: NJ Schedule a Showing/Request Info  
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By ERA Justin Realty, We are here for you
(Houses For Sale Rutherford NJ)
  Listing Details Location: 122 Mill St. Belleville NJ 07109 Style: Colonial Bedrooms: 3 Baths: 2   This colonial style house built in 1900 is located in a wholesome residence with a lush green garden out front perfect for kicking back on a sunny day. All the places of convenience are located close to the house such as parks, shopping malls, transport spots, etc. Baseboard heater and a wall A/C are all set up so you can have a comfy maintained temperature which best suits you. A yard, which is perfect for the little ones to play and just hang out. A spacious living room with seating area, so friends and family can appreciate it when you have them over. A full basement, which is high and dry to store all the memories, you can collect and play poker. The eat-in kitchen is wide open to en...
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By Matthew DeFede, Top Broker in Nutley New Jersey
(Realty Executives Elite Homes)
Huge Grandville Model Townhome for sale in Essex Park in Belleville New Jersey Grandville Townhome Unit in Essex Park (Short Sale) OverviewMapsPhotosDescription $297,500 Townhouse Main Features 2 Bedrooms3 Partial Bathrooms1 Unit Location 905 Memorial DrBelleville, NJ 07109USA Matthew DeFede Coldwell Banker Residential Brokerage(862) 228-0554mdefede@gmail.comhttp://www.AllWyckoffRealEstate.com   Listed by: Coldwell Banker Residential Brokerage Our recent listings Grandville Townhome Unit in Essex Park (Short Sale)Awesome 4 Bedroom Colonial in Nutley NJNice 3 Bedroom Home For Sale in Nutley NJ 07110Essex Park Townhomes & Condos For Sale in Belleville NJ 07109Totally Remodeled Colonial in Nutley Subscribe to our listing feed Nearby properties for sale
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By Matthew DeFede, Top Broker in Nutley New Jersey
(Realty Executives Elite Homes)
A difficult sale turns into a successful short sale in Belleville NJ So we all have cringed when we got the phone call from a buyer requesting to see a Short Sale and also the same goes for a home seller that says "I want to do a short sale" after they have not paid the mortgage for some time etc. So it was a sunny summer day in July of 2013 when my phone rang and I answered "Good Moring Matt DeFede Speaking" and on the other end it was a home owner in Belleville New Jersey, the voice at  the other end said "Hi Mr. DeFede my name is Barbara I own a home in Belleville NJ which has been on the market for about a year now and the agent just does not seem to be doing anything to help me sell it" I said "Well is it still listed #1?" she said "No" so then I proceeded to ask do you live in the...
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By Matthew DeFede, Top Broker in Nutley New Jersey
(Realty Executives Elite Homes)
Another Happy (Short Sale) Seller Client in Belleville NJ! Barbara JamesHelped me sell a home My home was listed for sale with another real estate agent for over 9 months and I was not happy with the service, communication or response. That is when I called Matthew DeFede. It was the best call I could have made. Matthew assured me that if I listed with him, he would get the house sold. He was good to his word! We closed the sale 2 days ago! Matt was the consummate professional. He is honest, friendly, extremely knowledgeable and was in constant communication with me to keep me informed and answer any questions I had, through the whole process. I truly believe that without his excellent work and expertise, the house would still be on the market. My only regret is that I didn't contact hi...
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By Matthew DeFede, Top Broker in Nutley New Jersey
(Realty Executives Elite Homes)
While it makes perfect sense to assume that a foreclosure in Belleville should be more affordable than a non-foreclosure, not every one constitutes a great bargain. Even if the goal is to land your next residence, a worthwhile way to gauge the value of any foreclosure is to look at it from an investor's point of view: would the property yield worthwhile returns?   Determining that involves using some common benchmarks. Here are some of the leading factors that contribute to making a cool foreclosure evaluation:   How much did other houses sell for locally?   While the price of a property you are looking at may strike you as quite affordable, whether it represents true value is only apparent when compared with recent Belleville market trends. According to Calculated Risk, the discounts f...
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By Manny Rosa, New Construction - Union & Essex Counties, NJ
(Rosa Agency)
Belleville, NJ Home Sales Report: February, 2013 With inventory levels low, and buyer demand rising, it stands to reason the property values should rise.  Belleville home sales in February, 2013 confirm just that. A total of five single-family residential homes closed in Belleville in February, 2013, one less than the month prior.  Average sales prices increased month-over-month, with Belleville home values averaging $232,200.  Perhaps the most promising aspect of Belleville home sales in February 2013 was the fact that none of the sales were distressed - no short sales or foreclosures. Now may be a good time for Belleville NJ homeowners to find out just what their property is worth. Take a look at the chart below for a summary of February, 2013 Belleville Home Sales:   Looking for a ho...
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By Manny Rosa, New Construction - Union & Essex Counties, NJ
(Rosa Agency)
It’s true that some real estate markets are seasonal, and putting your home on the market at a certain time of year can yield better results for a homeowner.  But sometimes we’ve got to think outside of the box, which is why now may be the right time to consider selling your Belleville NJ home. Traditionalists would say that Spring is the best time of year to put your Belleville NJ home up for sale.  I can’t argue with that line of thinking, as Belleville home sales peaked in June-July 2012.  Those homes most likely went up for sale 60-90 days earlier – i.e. during the Spring. But here are four good reasons to consider listing your Belleville NJ home for sale right now: Buyers are back – demand for Belleville NJ homes has risen over the last 12 months. As recently as 2011, it seemed tha...
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By Manny Rosa, New Construction - Union & Essex Counties, NJ
(Rosa Agency)
Belleville, NJ Home Sales Report: January, 2013 January can be a slow month for real estate sales, as both buyer, sellers and Realtors emerge from holiday season.  So, how did Belleville home sales fare in January, 2013? A total of 6 single-family residential homes closed in Belleville in January, 2013, less than the month prior.  Average sales prices dropped, with Belleville home values averaging $208,583, but with so few closings, the drop in sales prices may not indicative of a slow down in the market.  Rather, it may indicate that due to depressed inventory levels, the lower priced housing is being snapped up. Now may be a good time for Belleville NJ homeowners to find out just what their property is worth. Take a look at the chart below for a summary of January, 2013 Belleville Hom...
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By Manny Rosa, New Construction - Union & Essex Counties, NJ
(Rosa Agency)
Belleville NJ Home Prices Rose 11.35% in 2012 Belleville NJ concluded a strong year of residential home sales in 2012.  For the year, single-family residential sales prices appreciated 11.35% to an average sales price of $226,288.  The year closed with a flurry, with three straight months of average sales price increases reflected in the chart below. Total units sold in Belleville also rose, from 115 units closed in 2011 to 120 units closed in 2012.  Belleville home values seem poised for a continued run of success in 2013, especially with inventory levels low and a lack of quality homes on the market. With prices rises and inventory low, Belleville is quickly becoming a seller's real estate market.  Now is a great time for Belleville homeowners to find out with their home is worth. The...
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By Manny Rosa, New Construction - Union & Essex Counties, NJ
(Rosa Agency)
Belleville, NJ Home Sales Report: December, 2012 December is traditionally a slow month for Belleville real estate, but December, 2012 proved to be yet another strong month for Belleville home sales. A total of 13 single-family residential homes closed in Belleville in December, 2012, a 63% increase in closing volume over November, 2012.  Average sales prices continued their march higher, with Belleville home values averaging $226,288, the third straight month of average sales price increases. Now may be a good time for Belleville NJ homeowners to find out just what their property is worth. Take a look at the chart below for a summary of December, 2012 Belleville Home Sales: Of the 13 Belleville home sales recorded in December, 2012, none were foreclosures; 4 were short sales; 9 were re...
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By Matthew DeFede, Top Broker in Nutley New Jersey
(Realty Executives Elite Homes)
Matthew Defede | Coldwell Banker Residential Brokerage - Clifton Office | (862) 228-0554 22 Grove St, Belleville, NJ 4BR/2.5BA Single Family offered at $329,999 Year Built 1969 Sq Footage 2,000 Bedrooms 4 Bathrooms 2.5 Floors 3 Parking 1 Carport Lot Size 4,356 sq ft description Can you say Large Rooms? This one's a 4 BR, 2.5 Ba Home in Belleville. Close to NY. Which is what you need right? Add to your favorites, and schedule a showing. see additional photos below property features - Patio   additional photos                               Contact info:   Matthew Defede Coldwell Banker Residential Brokerage - Clifton Office (862) 228-0554 Posted: February 02, 2012
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By Manny Rosa, New Construction - Union & Essex Counties, NJ
(Rosa Agency)
October, 2012 saw a total of seven recorded sales of single-family detached homes in Belleville, NJ 07109. The average sales price was $207,357, up from an average of $189,313 in September, 2012 and down from an average of $217,242 a year ago.  Only one sale was a foreclosure, located at 174 Belmont Ave., Belleville, NJ 07109, which sold for only $85,000; factoring out that sale, the average sales price for October, 2012 in Belleville, NJ was $227,750. The average list-to-sales price ratio was 93%. Check out the list of October, 2012 sales from Belleville, NJ 07109 below:     TOWN ADDRESS   STYLE Rooms Bedrooms Bathrooms Garage List Price Sales Price Days on Market Belleville Twp. 174 Belmont Ave    Colonial 8 4 1 0 $110,000 $85,000 71 Belleville Twp. 24 Van Rensselaer St    Colonial 7 ...
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By Manny Rosa, New Construction - Union & Essex Counties, NJ
(Rosa Agency)
September, 2012 saw a total of eight recorded closed sales of single-family detached homes in Belleville, NJ 07109. The average sales price was $189,313, down from an average of $219,250 in the prior month of August, 2012 and down from $239,349 in September, 2011.  The large decrease can be partially explained by one unusually low sale at 23 Valley St., Belleville, NJ 07109. Factoring out that out-lier, the average sales price was $207,143. Four of the sold properties were short sales, while one was bank-owned. The list-to-sales price ratio for Belleville, NJ 07109 in September, 2012 was 94%. Fore more information on Belleville, NJ 07109 property values, visit: BellevilleNJHomeValues.com Check out the list of September, 2012 closed sales below: ADDRESS Town STYLE Rooms Bedrooms Bathroom...
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By Blast Realty & Oliveri Development LLC R/E Broker & General Contractor, Broker Manager Career
(Blast Realty)
Search Belleville NJ MLS, New Jersey Real Estate Listings & New Homes for Sale in Belleville, NJ. Find Belleville Houses, Townhouses, Condos, & Properties for Sale at Property Hub Realtors
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