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New Providence, NJ Real Estate News

By Maria Couto, Realtor with "Results That "MOVE" You'
(RE/MAX Premier)
LOOKING TO BUY A HOME IN NEW PROVIDENCE, NJ-UNION COUNTY Look no further. For up to date listings of available homes in New Providence, NJ in Union County.  Click on the link and you will see every home available for sale in NEW PROVIDENCE IN UNION COUNTY. See all available Homes for Sale in New Providence, NJ 079074 See Sale Prices in New Providence from January1, 2010 thru September 30th, 2010         Should you have any questions, about buying or selling in New Providence or surrounding suburban communities of Long Hill, Berkeley Heights, Warren, Watchung and beyond, don't hesitate to call me or e-mail me. I look forward to being of service for your real estate needs.        
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By Paul F. Stillwaggon Warren NJ, NJ Estates Real Estate Group, Weichert Realtors
(Weichert Realtors)
Pending sales rose 4.3 percent, and were up in all regions except the Northeast, which saw a 2.9 percent decline. Lawrence Yun, NAR chief economist, said the latest data is consistent with a gradual improvement in home sales in upcoming months. "Attractive affordability conditions from very low mortgage interest rates appear to be bringing buyers back to the market," he said. "However, the pace of a home sales recovery still depends more on job creation and an accompanying rise in consumer confidence." Paul F. Stillwaggon NJ Estates Real Estate Group October 2010 LINKING THE LATEST TECHNOLOGYTO OLD FASHIONED SERVICE Copyright © 2010 Realty TimesAll Rights Reserved.   The recent recession and slow recovery has wreaked havoc on businesses and households, alike. And according to Federal Re...
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By Maria Couto, Realtor with "Results That "MOVE" You'
(RE/MAX Premier)
New Providence Real Estate Sales for August 2010   This is the kind of real estate market when you probably realize the importance of working with a top Realtor in the New Providence, Berkeley Heights,Warren, Watchung, Basking Ridge, Green Brook and Long Hill areas. You need a  REALTOR who is an expert in this local market and can tell you the best values, which are overpriced, which are great/poor locations etc. I'm here to help you. My attention to detail and care and care of my clients will ensure that your home buying or selling process is a great one. I never try and sell you. Buying and or selling Real Estate is one of your bigges financial decisions. I will guide and educate you on the different markets, values, school districts...whatever you need to help you make the best info...
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By Maria Couto, Realtor with "Results That "MOVE" You'
(RE/MAX Premier)
LOOKING TO BUY A HOME IN NEW PROVIDENCE, NJ 07974-UNION COUNTY WEEK OF SEPTEMBER 10TH, 2010 Look no further. For up to date listings of available homes in New Providence in Union County NJ.  Click on the link below and you will see every home available for sale in New Providence, NJ in Union County for the week of September 10th, 2010. Should you have any questions don't hesitate to call me.  I look forward to  being of service in your Real Estate Search.               Homes for Sale in New Providence this Week      
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By Jane Nicastro-Disch Warren NJ, NJ Estates Real Estate Group of Weichert Realtors
(Weichert Realtors)
11 Ways to Improve Your Writing and Your Business is a booklet written for and distributed to participants in Sherry Roberts' business writing seminar. Use these tips to get a faster, more confident start when working with your memos, letters, reports, and news releases. For more comprehensive information, see our Books on Writing page. Contents Begin with one grain of sand. Give the who, what, when, where, and why. Step up to bat and take a few swings. Adopt a plain writing style. Keep it short. Give the reader a map. Be active. Cut unneeded words and prune windy phrases. Watch out for these four commonly misused words. Stress benefits, not features. Give your writing the conversation test. Paul Stillwaggon, For All Your Real Estate Needs Contact New Jersey EstatesReal Estate Group E-m...
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By Michael Grace, 203(k) HUD Consultant
(203KConnection.org)
One of the biggest misconceptions about the FHA 203K loan process is that it is a difficult and time consuming. It is not with an experienced consultant. All the associated paper work is handled by the consultant then forwarded to the loan officer for underwriting. To better understand the process, it is best to know there are two different types of FHA 203K loans: The FHA 203K Streamline: This loan is for repairs under $35,000 that do not involve any kind of structural renovations. For Streamline 203K's, the lender may release 35-50% upfront and 50% when the work is completed. The lender will require a final inspection to make sure the work is complete. However, be sure that the maximum of $35,000 is enough to complete the work you want to have done. Some folks like using the streamlin...
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By Jane Nicastro-Disch Warren NJ, NJ Estates Real Estate Group of Weichert Realtors
(Weichert Realtors)
Continuing declines in mortgage rates and signs of home price pick-ups dominate this week's economic outlook for real estate. New applications to buy houses and condos jumped by 9.4 percent last week alone. Refinance applications were double that - up by about 18 percent. New Jersey Estates/Weichert Realtors Paul Stillwaggon & Pat Cornish July 2009 LINKING THE LATEST TECHNOLOGYTO OLD FASHIONED SERVICE Copyright © 2009 Realty TimesAll Rights Reserved. Fixed-rate thirty year mortgages averaged slightly over 5 percent last week, according to the Mortgage Bankers Association. Fifteen year rates averaged 4.6 percent. Both numbers are close to all time lows, and are buyers are getting the message. At the same time, the home price index that tracks more zipcodes and neighborhoods than any othe...
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By Jane Nicastro-Disch Warren NJ, NJ Estates Real Estate Group of Weichert Realtors
(Weichert Realtors)
Pending home sales rose sharply, by nearly 7 percent, in the latest month measured by the National Association of Realtors. Pending sales are those where the contracts are signed, but the deals haven't gone to settlement yet. New Jersey Estates/Weichert Realtors Paul Stillwaggon & Pat Cornish July 2009 LINKING THE LATEST TECHNOLOGYTO OLD FASHIONED SERVICE Copyright © 2009 Realty TimesAll Rights Reserved. With the stock market still jumpy and investors worried that the global recession may not be ending soon enough, it may seem a little surprising to see strong positive signs in the home real estate market. But that's what's been happening. Pending sales were up in all four major regions of the country -- and that caught the attention of some key industry economists. Orawin Velz, economi...
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By Jane Nicastro-Disch Warren NJ, NJ Estates Real Estate Group of Weichert Realtors
(Weichert Realtors)
You'll get business from your Direct SOI, but it probably won't be your primary source of closings, assuming your Direct SOI thinks a lot of you, and they know how to find you. New Jersey Estates/Weichert Realtors Paul Stillwaggon & Pat Cornish June 2009 LINKING THE LATEST TECHNOLOGYTO OLD FASHIONED SERVICE Copyright © 2009 Realty TimesAll Rights Reserved.   I've been doing a little private SOI (Sphere of Influence) tutoring with some local Denver agents. Yesterday, as I was working with one of my students, she asked me a question that got me thinking love that. She asked "So, my goal is to expand my Sphere of Influence database to a certain number by the end of the year?" Well, sorta. At least, that's probably one of your goals. But as I answered her question I realized that there are ...
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By Sean Carroll, Real Estate Speaker and "Expert" Coach
(The Get Off Your A$$ Academy)
Here are the raw numbers for New Providence NJ for the 2 month period from December 1 through January 31. Later this week, I will be posting the 4th quarter numbers and comparing that quarter to the 3rd quarter and the 4th quarter from a year ago, so you can see where are market is, and maybe even where it is going. Here is the data for those 2 months: Closed Sales: 17 Avg. Sales Price: $649,290 Avg. Final List Price: $678,340 List to Sale Price Ratio: 95.8% Avg. Days on Market: 83 Check back for more numbers soon for other towns, and for the quarterly reports and comparisons! Thanks for reading. Feel free to email, comment, or call with questions. www.TeamCarrollNJ.com
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By Jane Nicastro-Disch Warren NJ, NJ Estates Real Estate Group of Weichert Realtors
(Weichert Realtors)
Transportation to NYC in less than one hour is easily accessible with scheduled buses and two train stations to downtown and mid-town New York . Newark International Airport is a 15 minute drive and the Morristown/Basking Ridge areas take approximately 10-15 minutes. Interstates 78, 24 and 287 criss cross the area.Shopping includes local shops with quality merchandize, personal service and competitive pricing. Short Hills Mall in Millburn is 10 minutes and Livingston Mall the same. Bridgewater Mall, one of New Jersey's largest malls, is located west on Rt 78.       NEW PROVIDENCE1720 was the year the first settlers arrived in the area now known as New Providence. With creeks, ponds, and a river for water, the relatively flat ground was good for farmland. The abundance of large flocks of...
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By Jane Nicastro-Disch Warren NJ, NJ Estates Real Estate Group of Weichert Realtors
(Weichert Realtors)
Transportation to NYC in less than one hour is easily accessible with scheduled buses and two train stations to downtown and mid-town New York . Newark International Airport is a 15 minute drive and the Morristown/Basking Ridge areas take approximately 10-15 minutes. Interstates 78, 24 and 287 criss cross the area.Shopping includes local shops with quality merchandize, personal service and competitive pricing. Short Hills Mall in Millburn is 10 minutes and Livingston Mall the same. Bridgewater Mall, one of New Jersey's largest malls, is located west on I-78.       NEW PROVIDENCE1720 was the year the first settlers arrived in the area now known as New Providence. With creeks, ponds, and a river for water, the relatively flat ground was good for farmland. The abundance of large flocks of ...
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By Jane Nicastro-Disch Warren NJ, NJ Estates Real Estate Group of Weichert Realtors
(Weichert Realtors)
Transportation to NYC in less than one hour is easily accessible with scheduled buses and two train stations to downtown and mid-town New York . Newark International Airport is a 15 minute drive and the Morristown/Basking Ridge areas take approximately 10-15 minutes. Interstates 78, 24 and 287 criss cross the area. Shopping includes local shops with quality merchandize, personal service and competitive pricing. Short Hills Mall in Millburn is 10 minutes and Livingston Mall the same. Bridgewater Mall, one of New Jersey's largest malls, is located west on I-78.      NEW PROVIDENCE1720 was the year the first settlers arrived in the area now known as New Providence. With creeks, ponds, and a river for water, the relatively flat ground was good for farmland. The abundance of large flocks of ...
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By Sean Carroll, Real Estate Speaker and "Expert" Coach
(The Get Off Your A$$ Academy)
For the month ending December 31, 2007, there were 6 closed sales in New Providence, with an average sales price of 486,666. The average days on the market was 58. December is traditionally a slow month for sales, but these homes were likely under contract in October and November. Check back for future updates, as we approach the spring market. Check back after the holidays for another New Providence NJ Real Estate Market Update. Sean Carroll - Realtor, Team Leader"Team Carroll" - Real Estate Professionals Serving Berkeley Heights, Scotch Plains, New Providence, Cranford, Westfield and Surrounding Areas http://www.gocarrollteam.com/  
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By Jane Nicastro-Disch Warren NJ, NJ Estates Real Estate Group of Weichert Realtors
(Weichert Realtors)
                                                                                                             New Providence, New Jersey1720 was the year the first settlers arrived in the area now known as New Providence. With creeks, ponds, and a river for water, the relatively flat ground was good for farmland. The abundance of large flocks of wild turkeys led to the initial name for the area of "Turkey". By 1737, the Presbyterian Church was formed and was the center of life in the small settlement. In 1759, a crowded church balcony collapsed. It was considered a miracle that no one was seriously injured in the disaster. The miracle was soon referred to as a divine act of "providence", and the small town thereafter became known as "New Providence".General Information Incorporated:Popul...
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By New Jersey Real Estate James Boyer Morris, Essex & Union County NJ Realtor
(RE/MAX Properties Unlimited, Real Estate)
New Provicence NJ Home Sales Continue on a Slow But Stedy Pace.The month of November had 5 homes in New Providence NJ sell and close.  5 is not a wonderful number but it just goes to show that some home buyers are willing to go out there and get the wonderful deals that are out there.  As they say, the best deals are to be had when most people will not buy.Here are the New Providence NJ home sales with actual sale amounts and property addresses.MLSAddress L Price StyleBedsBathsGARBSMT S Price  DOM244441411 Grant Avenue $340,000.00 Ranch310Y $325,000.00  3324035272 The Arbors $399,000.00 Townhome22.11Y $399,000.00  1602450373860 CENTRAL AVE $399,900.00 CapeCod422Y $399,900.00  272445391287 Charnwood Road $469,900.00 SplitLev31.21Y $425,000.00  27241011117 BROMLEY CT $589,000.00 SplitLev4...
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By Kristin Balsley
(Kristin Balsley)
Wondering what is happening in the real estate market in New Providence NJ?  Although, New Providence NJ has seen a correction in it's real estate market, the market here is still strong.  Currently there are 51 active properties on the market in New Providence, NJ.  These properties range from 2 bedroom town homes to 5 bedroom colonial homes ranging in price from $319,000 to $1,100,000.  During the past six months in New Providence, the homes that have sold have gotten on average 98% of their list price with the average days on market being 61 while the average sale price was $586,662.  This average days on market is a much  shorter time frame than many other towns in the state.New Providence, NJ is a primarily residential community located in the northwestern part of Union county.  Ne...
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By Sean Carroll, Real Estate Speaker and "Expert" Coach
(The Get Off Your A$$ Academy)
For the month ending November 30, 2007, there were only 5 closed sales in New Providence with an average sales price of $424,180. The average days on the market was 76. It appears that the homes in the lower price range (starter homes) are selling most frequently, with a substantial slowdown in sales activity for mid and upper range homes, with the exception of new construction.Check back after the holidays for another Berkeley Heights NJ Real Estate Market Update.Sean Carroll - Realtor, Team Leader"Team Carroll" - Real Estate ProfessionalsServing Berkeley Heights, Scotch Plains, New Providence, Cranford, Westfield and Surrounding Areashttp://www.gocarrollteam.com/
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By Sean Carroll, Real Estate Speaker and "Expert" Coach
(The Get Off Your A$$ Academy)
Currently, there are 10 pending home sales in New Providence NJ, with an average asking price of $581,531 and an average days on market of 65. We are in the seasonal period, however where there are less buyers in the marketplace, so homes may sit on the market a bit longer, or sell for a bit less than in peak buying times. This amount of sales activity, however, is further evidence that homes are still SELLING!! in New Providence, if priced fairly and properly. If you look at the active listings, and expireds, they are almost always priced higher than their competetors that are going under contract for a similar home. Bottom line for sellers Hire the Right Agent for Marketing, and Price it Right!! Bottom Line for Buyers: Hire the Right Agent, Do your Homework, and You can Get a Great Pr...
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By Michael Pennisi, Summit, NJ Broker Associate
(Coldwell Banker Residential Brokerage)
New Providence, NJ Sold Homes - Novemeber 2007 New Providence is a close knit community, one stop west of Summit, NJ on the Mid-Town Direct train line into the city. It is this easily accessible commute that helps make New Providence an ideal place to invest in real estate. In fact, similar to Summit, New Providence offers many desirable aspects to attract home buyers. Strong school systems with award winning academic, athletic and art programs have long been a part of New Providence's educational history. To better understand New Providence's desirability, take a look at all of the homes sold in New Providence for a given month. I guarantee it will show a wonderful town, buyer's can afford to invest their money in. New Providence, NJ Sold Homes - Novemeber 2007 No:ML#TownAddressList Pr...
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