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All About New Jersey Real Estate

 January Update and ForecastInterest Rates: Rates have been on a bit of an upward climb for the past month. This is due to a few things: 1) inflation has been stubborn and has remained higher than the Fed likes to see, but most of the inflation is in housing, (which includes rents) and in insurance. Most other pieces were below the Fed’s target of 2%.  Next: Employment has remained strong. There are a lot of mixed signals in the employment report with most new jobs created have been for 16-20yr olds which is typically part time and seasonal and there are reports of job listings being posted in multiple markets since remote work is common, over stating available jobs. In another article just out today -The Wall Street Journal reported that 22% of jobs advertised are fake or not filled an...
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By Dave Sulvetta, Realtor
(Dave Sulvetta, eXp Connection, Gloucester County Realtor)
 🏡 Valleybrook, Gloucester Twp NJ Real Estate Market Comparison: 2023 vs. 2024 🏡🔥 Highest Sale Comparison (The Links) 2023: $370,000 2024: $410,000 🚀YoY Increase: +$40,000 (+10.81%) 💡 Why it matters: The Links continues to lead Valleybrook in attracting premium prices, showing significant growth and demand in the section.⏳ Average Days on Market 2023: 18 days 2024: 30 days (+66.7%)Despite the increase in total days on the market, specific sections showed varied performance: Section 2023 (Days) 2024 (Days) Change The Links 20 19 ⬇️ Faster St. Andrews 34 28.5 ⬇️ Faster Players Place 12 47 ⬆️ Slower Links II 23 15 ⬇️ Faster Glen Eagles 23 12 ⬇️ Faster 🏆 Quick Takeaway: While Players Place experienced longer market times, Glen Eagles and Links II saw remarkable improvements in speed!📈 Sales...
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By Bruce Parker, You Deserve The Best
(Best Realty)
Well here we go with the first sheriff sale of 2025 in Middlesex County New Jersey.Did you know that New Jersey is in the top 5 states with foreclosures in the country?See the list below for just a few of this weeks offerings. some rules have changed and if you would like to learn more attend one of my classes go to Class for Sheriff Sale. Call 908-202-5738 for more info. 
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By Dave Sulvetta, Realtor
(Dave Sulvetta, eXp Connection, Gloucester County Realtor)
  Gloucester Township, NJ Real Estate Market: 2023 vs. 2024 SummaryThe Gloucester Township real estate market demonstrated strong growth and stability from 2023 to 2024, with several key improvements: Properties Sold: Sales increased from 685 in 2023 to 721 in 2024, reflecting a more active market. Average Sold Price: Home values surged by 12.6%, rising from $300,520 in 2023 to $388,576 in 2024. Original Asking Prices: The average original price grew by 14.4%, from $291,989 to $334,213, showcasing seller confidence. Days on Market: Homes stayed on the market slightly longer in 2024, averaging 30.1 days compared to 29.5 in 2023. Expired Listings: 20 fewer homes expired without selling in 2024, signaling more successful transactions. Distressed Properties: 11 fewer distressed or bank-owne...
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By Dave Sulvetta, Realtor
(Dave Sulvetta, eXp Connection, Gloucester County Realtor)
Gloucester Township NJ Real Estate Market Report: December 22 – December 28, 2024📊 Curious about the latest real estate trends in Gloucester Township, NJ? Dive into the highlights of this dynamic market to see what’s hot, what’s trending, and what’s next for buyers and sellers in this thriving community. Let’s break it down.Active Listings: Variety and Value🏠 65 Active Listings Average Price: $363,701 Total Value of Active Listings: $23,640,571 This week showcased a range of homes on the market, catering to various price points and preferences. Whether you're eyeing a cozy starter home or something grander, there's a lot to explore.Homes Under Contract: Promising Deals🔑 2 Homes Under Contract Average Contract Price: $275,000These numbers highlight ongoing buyer activity and confidence i...
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By Simon Westfall-Kwong, The LuxeLife Group of eXp
(LuxeLife Group of eXp Realty)
November 2024 Solds in The Mountain ClubVisit our Mountain Club website page for links to the listings below! Contact The LuxeLife of eXp Realty Mountain Club Expert, Fabio Nieto at 973-713-6492 for more information. The Mountain Club Condominium complex is set high up on the hill right off Route 10 East with views of the city. The complex includes 50 residential buildings that consist of a total of 702 dwelling units. There are one and two-bedroom units available throughout the community.  With low taxes and HOA fees, residents get to enjoy several amenities such as a community pool, tennis court, clubhouse, fitness room, and on-site management team. If convenience is important to you then look no more! The Mountain Club is convenient to all major highways (Routes. 10, 287, 80, 24, 46)...
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By Simon Westfall-Kwong, The LuxeLife Group of eXp
(LuxeLife Group of eXp Realty)
November 2024 Solds in The Moore Estate:Visit our Moore Estate website page to see the listings for these properties! Contact The LuxeLife Group of eXp Realty, Simon Westfall-Kwong at 973-489-8885 for more information. There are approximately 250 homes in the Moore Estate populated with people of all ages, from young professionals to retirees and everything in between. The Moore Estate enjoys a unique and delightful pastoral setting adjacent to Loantaka Park with more than 570 acres of parkland, nearly five miles of trails for biking, running, walking, horseback riding and cross-country skiing; 3 ballfields; and a scenic pond. There is a beautiful clubhouse with a spacious party or meeting room and catering kitchen for use by Moore Estate residents. The recently equipped fitness room in...
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By Simon Westfall-Kwong, The LuxeLife Group of eXp
(LuxeLife Group of eXp Realty)
November Solds in Sutton Woods:Visit our Sutton Woods website page to see the listings for these properties! We also have all the floor plans!Contact The LuxeLife Real Estate Group Sutton Woods Expert, Nathalie Lissinna at 908-656-1747 for more information.  Sutton Woods is a condo community of approximately 300 homes, most of which offer townhouse-style living. Conveniently located in a pastoral setting in Chatham Township, Sutton Woods Condos are on the border of Summit NJ. There are approximately 300 condos in Sutton Woods populated with people of all ages - from young professionals to retirees. All enjoy the pastoral setting and the outdoor recreational facilities such as walking paths, outdoor swimming pool with sundeck and the tennis & paddle courts. The grounds are beautifully ma...
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By Dave Sulvetta, Realtor
(Dave Sulvetta, eXp Connection, Gloucester County Realtor)
Gloucester Township NJ Real Estate Market Report: December 8 – December 14, 2024 🏡Welcome to your weekly snapshot of the Gloucester Township, NJ real estate scene! Let's dive into the latest trends and figures that are shaping our local market.Active Listings Overview Total Active Listings: There are currently 78 properties on the market in Gloucester Township. Average Listing Price: Homes are listed at an average price of $360,678, bringing the combined value of all active listings to $28,132,859. Under Contract Properties Number of Homes Under Contract: Five properties have gone under contract this week. Average Under Contract Price: These homes have an average price of $351,400, indicating a slight increase from the previous week. Pending Sales Pending Properties: Seven homes are cur...
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By Dave Sulvetta, Realtor
(Dave Sulvetta, eXp Connection, Gloucester County Realtor)
Gloucester Township Real Estate Market Report: December 1 - 7, 2024 📊🎯 The Gloucester Township real estate market is buzzing with activity! Here’s a quick snapshot of the week:Active Listings: A Strong Inventory 🏡 80 active listings with an average price of $357,374. Total combined value: $28,589,883. Homes Under Contract: Moving Fast 📝 4 homes went under contract, averaging $340,475. Buyers are making decisive moves in this competitive market. Coming Soon: What’s New in Gloucester Township? 👀 2 properties are marked as “Coming Soon,” hinting at fresh opportunities for buyers.Pending Sales: Almost There 🔑 6 pending homes with an average price of $329,381. A steady pipeline keeps the market lively. Closed Sales: A Positive Week 📈 13 homes settled, up from last week, with an average price...
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By Bruce Parker, You Deserve The Best
(Best Realty)
  I attended a Middlesex County Sheriff sale this week. A very lucky buyer had the winning bid on a property at $540,000. The value of this property was $669,000. As is required the winning bidder went to the front table and started turning over his 20% deposit in collected funds. But wait a minute, his bank checks were made out to Monmouth County. He had been to the Monmouth sale two days earlier. He thought Middlesex County could accept the checks made out that way. He was told to return to his seat and the property was re-auctioned. That little over sight cost him an instant equity earned of $100,000. Ouch!If you would like to learn more about how to buy at the sheriff sale give us a call at 732-266-3366.How to buy properties at the Sheriff sale can be rewarding.
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By Bruce Parker, You Deserve The Best
(Best Realty)
The Costly Mistake: How Buying a Car Derailed My Home PurchasePurchasing a new home is a significant milestone, often marked by excitement and meticulous planning. However, unforeseen financial decisions can sometimes derail even the most well-prepared buyers. This is exactly what happened to Jane, a first-time homebuyer who had secured a loan approval but found herself disqualified from her dream home purchase after buying a car just before closing. Here’s Jane’s story and the crucial lessons learned to help you navigate your home buying journey smoothly.Jane’s Journey to HomeownershipJane had been diligently saving for her down payment, improving her credit score, and carefully selecting a mortgage lender. After months of preparation, she found the perfect house and entered into a con...
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By Dave Sulvetta, Realtor
(Dave Sulvetta, eXp Connection, Gloucester County Realtor)
Gloucester Township, NJ Real Estate Market Update: November 24 – November 30, 2024 🏡Welcome to the latest real estate market update for Gloucester Township, NJ! If you're a buyer, seller, or just keeping an eye on the market, here's a detailed breakdown of this week’s activity. Let’s dive into the numbers and trends shaping the market! 📊Market Snapshot Active Listings: 72 homes are currently on the market. Average Listing Price: $362,560. Total Value of Active Listings: $25,561,640. Homes Under Contract: 4 homes under contract, with a total value of $319,725. New and Upcoming Inventory Coming Soon: 2 new properties are in the pipeline. Stay tuned for fresh options!Pending Sales Pending Properties: 4 homes, averaging $366,398.📉 This is a drop from last week, indicating potential cooling...
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By Jane Nicastro-Disch Warren NJ, NJ Estates Real Estate Group of Weichert Realtors
(Weichert Realtors)
Warren Crossing, Warren Township NJ Townhome Resales Coming Soon?  We were the listing agent for all of them and the selling agent for many. Info Call Jane Nicastro-Disch 908-313-7180   https://bit.ly/3eF7dU6or Paul Stillwaggon 908-310-1358  https://bit.ly/3icrTErMore NJ Real Estate Listing https://bit.ly/3XgOkf0More NJ Luxury New Homes https://bit.ly/30Dh30G https://activerain.com/droplet/Hmmp       Ask for 46% off 15/30 Year Transferable Tax Abatement. Drone Video https://goo.gl/kNB4Y5  
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By Jane Nicastro-Disch Warren NJ, NJ Estates Real Estate Group of Weichert Realtors
(Weichert Realtors)
NJ Estates Real Estate Groups of Weichert Realtors NJ. Join Us.https://bit.ly/3icrTEr (175,600+ Members)(Weichert Agents In Title or Description) Preapproved To Post.NJ Estates Real Estate Group  https://bit.ly/3nzghuCSomerset County NJ Real Estate Group.  https://bit.ly/2XsACHtUnion County NJ Real Estate Group https://bit.ly/3se3HnYWarren Twp NJ Real Estate Group. http://bit.ly/3bsmCFKJane Nicastro-Disch New Homes.  https://bit.ly/3eF7dU6Bill Gazi NJ Commercial Realtor  https://bit.ly/3jX63DnBranchburg NJ Real Estate Group.  https://bit.ly/3cvXUTFBasking Ridge NJ Real Estate Group.  https://bit.ly/3co2l32No/Central NJ Luxury New Homes (1).  https://bit.ly/3lCi6Xt  No/Central NJ Luxury New Homes (2).  https://bit.ly/30Dh30GNJ Estates Real Estate Group Listing -1. https://bit.ly/38wrY0I ...
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By Jane Nicastro-Disch Warren NJ, NJ Estates Real Estate Group of Weichert Realtors
(Weichert Realtors)
NJ Estates Real Estate Groups of Weichert Realtors NJ. Join Us.(175,200 Members) (Weichert Pre Approved To Post) https://bit.ly/3icrTErWeichert Warren Twp. NJ https://bit.ly/2Z3wlfD 908-757-7780Union County NJ Real Estate Listing (Updated Daily) https://bit.ly/3u0brfSUnion County Real Estate Group. https://bit.ly/3se3HnY Berkeley Hts. Town Listings (Updated Daily) https://bit.ly/3OSaaA8Cranford Town Listings (Updated Daily) https://bit.ly/3S88pQXFanwood Town Listings (Updated Daily) https://bit.ly/3DItKMfGarwood Town Listings (Updated Daily) https://bit.ly/3qTAzDgKenilworth Town Listings (Updated Daily) https://bit.ly/3UJ0TOfMountainside Town Listings (Updated Daily) https://bit.ly/3xPIfJDNew Providence Town Listings (Updated Daily) https://bit.ly/3bjsEugPlainfield Town Listings (Update...
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By Jane Nicastro-Disch Warren NJ, NJ Estates Real Estate Group of Weichert Realtors
(Weichert Realtors)
NJ Estates Real Estate Groups of Weichert Realtors NJ. Join Us. (175,600 Members) (*Weichert Pre Approved To Post)  https://bit.ly/3icrTEr Somerset County NJ Listings, Open Houses. (Updated Daily) https://bit.ly/3NypWyJ*Somerset County NJ Real Estate Group. https://bit.ly/2XsACHtOur Towns' Listings, Open Houses. (Updated Daily) Basking Ridge  Town Listings (Updated Daily)   https://bit.ly/3QLZzYz Bedminster  Town Listings (Updated Daily)   https://bit.ly/3HTa60i Bernardsville  Town Listings (Updated Daily)  https://bit.ly/3xJBV7v Bound Brook  Town Listings (Updated Daily)   https://bit.ly/3VFswaw Branchburg  Town Listings (Updated Daily)   https://bit.ly/3y0p5B3 Bridgewater  Town Listings (Updated Daily)   https://bit.ly/3I7nu0Z Franklin Twp.  Town Listings (Updated Daily)     https://...
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By Bruce Parker, You Deserve The Best
(Best Realty)
Inventory is low. Interest rates are high. Multiple offers on properties. How is a person to buy a home. One of the most important things is to buy your first home. Many experts tell us the sooner you buy your first home the more wealth you will obtain in your life. In 1978 I was feeling the same. Felt like I was getting the run around from Real Estate Agents. I can even remember which ones were the worst, but no names here. Instead I took the 75 hour real estate course, passed the test and got my license. The knowledge I gained was invaluable. Since 1978 I have bought and sold 50 homes. Watch for my book 50 in 50 coming soon. Paid for 4 kids to go to college (including Ivy League for 2) with no student loans. Step 1 is pay the $399 and take the 75 hour course. Get your Real Estate lice...
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By Bruce Parker, You Deserve The Best
(Best Realty)
Inventory is low. Interest rates are high. Multiple offers on properties. How is a person to buy a home. One of the most important things is to buy your first home. Many experts tell us the sooner you buy your first home the more wealth you will obtain in your life. In 1978 I was feeling the same. Felt like I was getting the run around from Real Estate Agents. I can even remember which ones were the worst, but no names here. Instead I took the 75 hour real estate course, passed the test and got my license. The knowledge I gained was invaluable. Since 1978 I have bought and sold 50 homes. Watch for my book 50 in 50 coming soon. Paid for 4 kids to go to college (including Ivy League for 2) with no student loans. Step 1 is pay the $399 and take the 75 hour course. Get your Real Estate lice...
Comments 0
By Simon Westfall-Kwong, The LuxeLife Group of eXp
(LuxeLife Group of eXp Realty)
October 2024 Solds in The Mountain ClubVisit our Mountain Club website page for links to the listings below! Contact The LuxeLife of eXp Realty Mountain Club Expert, Fabio Nieto at 973-713-6492 for more information. The Mountain Club Condominium complex is set high up on the hill right off Route 10 East with views of the city. The complex includes 50 residential buildings that consist of a total of 702 dwelling units. There are one and two-bedroom units available throughout the community.  With low taxes and HOA fees, residents get to enjoy several amenities such as a community pool, tennis court, clubhouse, fitness room, and on-site management team. If convenience is important to you then look no more! The Mountain Club is convenient to all major highways (Routes. 10, 287, 80, 24, 46),...
Comments 2
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