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Chester, NJ Real Estate News

By Bob Zorechak - ABR, GRI, e-PRO, Sells Homes in Morris/Somerset/Hunterdon Cos., NJ
(Keller Williams Realty Metropolitan)
  Note: There are two separate reports for CHESTER - one for the TOWNSHIP and one for the BOROUGH   The numbers for CHESTER TOWNSHIP mostly up in several key categories for NOVEMBER 2014: The rolling 12 month sales volume remained virtually unchanged increasing by three (3) units or (3%) - Last year: November 2012 thru November 2013  there were (110) homes sold as compared to the current period: November 2013 thru November 2014 with (113) homes sold. The November year-to-date numbers increased modestly by nine (9) units or (9%) as compared to last year's total of (96) homes sold to the current period with (105) homes sold. This is the highest volume for the month of November YTD in at least the past five (5) years. The volume for the month of November is up substantially by five (5) uni...
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By Bob Zorechak - ABR, GRI, e-PRO, Sells Homes in Morris/Somerset/Hunterdon Cos., NJ
(Keller Williams Realty Metropolitan)
  Note: There are two separate reports for CHESTER - one for the TOWNSHIP and one for the BOROUGH   The numbers for CHESTER TOWNSHIP mostly up in several key categories for OCTOBER 2014: The rolling 12 month sales volume remained virtually unchanged decreasing by only one (1) unit or (1%) - Last year: October 2012 thru October 2013  there were (111) homes sold as compared to the current period: October 2013 thru October 2014 with (110) homes sold. The October year-to-date numbers increased slightly by four (4) units or (4%) as compared to last year's total of (92) homes sold to the current period with (96) homes sold. This is the highest volume for the month of October YTD in at least the past five (5) years. The volume for the month of October is up slightly by one (1) unit or (9%) as ...
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By Bob Zorechak - ABR, GRI, e-PRO, Sells Homes in Morris/Somerset/Hunterdon Cos., NJ
(Keller Williams Realty Metropolitan)
  Chester NJ Real Estate Market Update SEPTEMBER 2014 by Bob Zorechak - GRI, ABR, e-PRO   Note: There are two separate reports for CHESTER - one for the TOWNSHIP and one for the BOROUGH   The numbers for CHESTER TOWNSHIP remained largely unchanged for SEPTEMBER 2014: The rolling 12 month sales volume increased slightly by two (2) units or (2%) - Last year: September 2012 thru September 2013  there were (105) homes sold as compared to the current period: September 2013 thru September 2014 with (107) homes sold. The September year-to-date numbers increased slightly by three (3) units or (4%) as compared to last year's total of (81) homes sold to the current period with (84) homes sold. This is the highest volume for September in at least the past five (5) years. The monthly volume for the...
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By Bob Zorechak - ABR, GRI, e-PRO, Sells Homes in Morris/Somerset/Hunterdon Cos., NJ
(Keller Williams Realty Metropolitan)
  Chester NJ Real Estate Market Update AUGUST 2014 by Bob Zorechak - GRI, ABR, e-PRO   Note: There are two separate reports for CHESTER - one for the TOWNSHIP and one for the BOROUGH   The numbers for CHESTER TOWNSHIP remained largely unchanged for AUGUST 2014: The rolling 12 month sales volume remained unchanged from this same time in 2013 - Last year: August 2012 thru August 2013  (103) homes sold as compared to the current period: August 2013 thru August 2014 with (103) homes sold. The August year-to-date numbers decreased slightly by one (1) unit or (1%) as compared to last year's total of (70) homes sold to the current period with (69) homes sold. This is the second highest volume in at least the past five (5) years. The monthly volume for the month of August is up modestly by two ...
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By Bob Zorechak - ABR, GRI, e-PRO, Sells Homes in Morris/Somerset/Hunterdon Cos., NJ
(Keller Williams Realty Metropolitan)
  Chester NJ Real Estate Market Update JULY 2014 by Bob Zorechak - GRI, ABR, e-PRO   Note: There are two separate reports for CHESTER - one for the TOWNSHIP and one for the BOROUGH   The numbers for CHESTER TOWNSHIP are somewhat of a mixed bag for JULY 2014: The rolling 12 month sales volume decreased slightly by eight (8) units or (7%) - Last year: July 2012 thru July 2013  (110) homes sold as compared to the current period: July 2013 thru July 2014 with (102) homes sold. The July year-to-date numbers increased modestly by three (3) units or (5%) as compared to last year's total of (62) homes sold to the current period with (59) homes sold. The monthly volume for the number of sales occurring last July remained unchanged from last year at eleven (11) homes sold. The volume of Pending S...
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By Bob Zorechak - ABR, GRI, e-PRO, Sells Homes in Morris/Somerset/Hunterdon Cos., NJ
(Keller Williams Realty Metropolitan)
  Chester NJ Real Estate Market Update JUNE 2014 by Bob Zorechak - GRI, ABR, e-PRO     Note: There are two separate reports for CHESTER - one for the TOWNSHIP and one for the BOROUGH   The numbers for CHESTER TOWNSHIP are down slightly for JUNE 2014: The rolling 12 month sales volume decreased slightly by six (6) units or (6%) - Last year: June 2012 thru June 2013  (107) homes sold as compared to the current period: June 2013 thru June 2014 with (101) homes sold. The June year-to-date numbers decreased modestly by three (3) units or (6%) as compared to last year's total of (51) homes sold to the current period with (48) homes sold. The monthly volume for the number of sales occurring last June was seven (7) homes sold as compared to this June with twelve (12) homes sold, up sharply by f...
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By Bob Zorechak - ABR, GRI, e-PRO, Sells Homes in Morris/Somerset/Hunterdon Cos., NJ
(Keller Williams Realty Metropolitan)
  Chester NJ Real Estate Market Update MAY 2014 by Bob Zorechak - GRI, ABR, e-PRO     Note: There are two separate reports for CHESTER - one for the TOWNSHIP and one for the BOROUGH   The numbers for CHESTER TOWNSHIP are somewhat of a mixed bag for MAY 2014: The rolling 12 month sales volume decreased slightly by (8) units or 7% - Last year: May 2012 thru May 2013  (108 homes sold) as compared to the current period: May 2013 thru May 2014 with (100 homes sold). The May year-to-date numbers decreased modestly by (8) units or 18% as compared to last year's year-to-date total (44 homes sold) to the current period with (36 homes sold). The monthly volume for the number of sales occurring last May (11 homes sold) as compared  to this May (12 homes sold) is up slightly by 9% or (1) unit. On a...
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By Bob Zorechak - ABR, GRI, e-PRO, Sells Homes in Morris/Somerset/Hunterdon Cos., NJ
(Keller Williams Realty Metropolitan)
  Chester NJ Real Estate - Market Update APRIL 2014 by Bob Zorechak - GRI, ABR, e-PRO   Note: There are two separate reports for CHESTER - one for the TOWNSHIP and one for the BOROUGH   The numbers for CHESTER TOWNSHIP are mostly down for APRIL 2014: The rolling 12 month sales volume decreased slightly by (5) units or 5% - Last year: April 2012 thru April 2013  (101 homes sold) as compared to the current period: April 2013 thru April 2014 with (96 homes sold). The April year-to-date numbers decreased modestly by (9) units or 27% as compared to last year's year-to-date total (33 homes sold) to the current period with (24 homes sold). The monthly volume for the number of sales occurring last April (12 homes sold) as compared  to this April (6 homes sold) is down sharply by 50% or (6) unit...
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By Bob Zorechak - ABR, GRI, e-PRO, Sells Homes in Morris/Somerset/Hunterdon Cos., NJ
(Keller Williams Realty Metropolitan)
Chesterfield Farm in Chester NJ - Real Estate Market Update June 2012 by Bob Zorechak - GRI, ABR, e-PRO   As you can see from the spreadsheets below, (5) homes have Sold in Chesterfield Farm over the past five years at a somewhat consistent pace with 2011 being the busiest year with (2) sales and 2009 being the slowest year at (0) sales.  There are (0) homes currently For Sale with (0) sales currently Pending or Under Contract. Prices over the past several years for homes in Chesterfield Farm range from the low $700's up to $900K, with some of the larger homes selling for more. Please the tables below for the details on these individual units.          Follow the link below to read the rest of this report:   Chesterfield Farm in Chester NJ -  Real Estate Market Update June 2012   For m...
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By Mark Woodward, We bring the flooring store to your door
(Floor Coverings International)
Are you looking for carpeting for your home in Chester NJ? Whether you're looking for carpeting for your bedroom, living room, family room or basement or even the whole house, we know it can be challenging to find the right carpet. How do you know which type of carpet is best for each setting? Which is right for your home and your budget? Which types are better for steps and high traffic areas? Which colors work best? Which ones last longer and which hide or repel dirt the best? Who should you have install your carpet? There's really a lot to consider and sometimes it gets overwhelming and more confusing when you go to a store. Well here's where we can help. We make finding carpeting simple. We "bring the store to your door." That way, you can see the samples in your own lighting - the ...
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By Mark Woodward, We bring the flooring store to your door
(Floor Coverings International)
Are you looking for hardwood flooring for your home in Chester, NJ? Or, if you already have hardwood flooring, we can stain and refinish it for you. We know it can be challenging to find the right hardwood. How do you know which type of hardwood is right for you and your home? Which wood species and color will look best and last longest? Which ones work with your budget? Who should you have install the hardwood floors? Well here's where we can help. We make finding hardwood flooring simple. We "bring the store to your door." That way, you can see the samples in your own lighting - the way it will look in real life. We'll help you color coordinate with your paint and furniture colors. We'll help you find hardwoods that stand up well to pets or work well in kitchens. Just let us know what...
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By Bob Zorechak - ABR, GRI, e-PRO, Sells Homes in Morris/Somerset/Hunterdon Cos., NJ
(Keller Williams Realty Metropolitan)
  Chester NJ Real Estate Chester Borough 2011 Annual Market Report                                      by Bob Zorechak - GRI, ABR, e-PRO   Find out the latest real estate market information for Chester NJ (Chester Borough & Township) through 2011 in addition to a look back at the years in between to 2005. See what the trends are indicating and what is next for the Chester NJ real estate market. If you are considering buying and or selling a home in 2012 in Chester NJ, this valuable annual market report is an absolute must read. Attention... All residential real estate is local!Not everything you read about online, in the papers and hear through major media outlets about the housing market is correct or relevant, especially when information is presented on a "national" or "regional" bas...
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By Bob Zorechak - ABR, GRI, e-PRO, Sells Homes in Morris/Somerset/Hunterdon Cos., NJ
(Keller Williams Realty Metropolitan)
Chester NJ Real Estate Chester Township 2011 Annual Market Report                                      by Bob Zorechak - GRI, ABR, e-PRO Find out the latest real estate market information for Chester NJ (Chester Borough & Township) through 2011 in addition to a look back at the years in between to 2005. See what the trends are indicating and what is next for the Chester NJ real estate market. If you are considering buying and or selling a home in 2012 in Chester NJ, this valuable annual market report is an absolute must read. Attention... All residential real estate is local!Not everything you read about online, in the papers and hear through major media outlets about the housing market is correct or relevant, especially when information is presented on a "national" or "regional" basis...
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By Bob Zorechak - ABR, GRI, e-PRO, Sells Homes in Morris/Somerset/Hunterdon Cos., NJ
(Keller Williams Realty Metropolitan)
Chester NJ Real Estate - Chesterfield Farm Market Report                                      by Bob Zorechak - GRI, ABR, e-PRO As you can see from the spreadsheet and graphs below, 11 homes have Sold in Chesterfield Farm over the past 7 years at a somewhat inconsistent pace with zero sales in 2005 and 2009. The busiest year with 4 sales was 2006, followed by 2007 with 3 sales and only 4 more sales over the the next 4 years. There are zero homes currently For Sale with 1 sale currently Pending. The Average Sale Price of homes Sold has declined in 4 out of the last 5 years, from a high in 2007 of $1,087K to $760K in 2011, however this statistic is somewhat skewed due to 2 years without any recorded sales in 2005 and 2009. There are zero homes currently For Sale with 1 Pending at this ti...
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By Bob Zorechak - ABR, GRI, e-PRO, Sells Homes in Morris/Somerset/Hunterdon Cos., NJ
(Keller Williams Realty Metropolitan)
Chester NJ Real Estate - Homes in Chesterfield Farm                                      by Bob Zorechak - GRI, ABR, e-PRO Conveniently located just 1 mile from downtown Chester Borough's historical village/shopping district as well as all of the other main attractions in town, the homes at Chesterfield Farm offer true luxury by any standard. Beginning with the impressive tree-lined drive, complete with a classic white post & rail fence leading the way into this well established community, one gets the sense that this is a very desirable place to live. There are only 34 homes in this development which are neatly arranged along a circular road with one small side street offering a cul-de-sac setting. A gently rolling and lush landscape all in a park-like setting gives Chesterfield Farm a...
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By Bob Zorechak - ABR, GRI, e-PRO, Sells Homes in Morris/Somerset/Hunterdon Cos., NJ
(Keller Williams Realty Metropolitan)
  Chester NJ Real Estate - Chestnut Run Market Report                                      by Bob Zorechak - GRI, ABR, e-PRO   As you can see from the spreadsheet and graphs below, 14 homes have Sold in Chestnut Run over the past 7 years at a somewhat consistent pace with the exceptions of 2011 being the busiest year with 4 sales and 2008 being the slowest year at zero sales.  There are 2 homes currently For Sale with zero sales currently Pending. The Average Sale Price of homes Sold has declined over the past 7 years from a high in 2005 of $935K to $768K in 2011. The lowest Average Sale Price in any single year was in 2009 at $722K, however there were no recorded sales in 2008. There are 2 homes currently For Sale with zero Pending at this time. Prices over the past several years for h...
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By Bob Zorechak - ABR, GRI, e-PRO, Sells Homes in Morris/Somerset/Hunterdon Cos., NJ
(Keller Williams Realty Metropolitan)
  Chester NJ Real Estate - Homes in Chestnut Run                                      by Bob Zorechak - GRI, ABR, e-PRO The homes in Chestnut Run are located on the east side of Chester very close to the center of town, and especially to the elementary and middle schools. This location is prime Chester NJ real estate, convenient to shopping (including Downtown Chester Village, Streets of Chester and Chester Mall, to name a few), the new state of the art library, banks, post office, restaurants, parks and everything else Chester has to offer. Many have described this enclave of 67 executive homes as a "park-like" setting with its manicured lawns and meticulously landscaped properties. Lot sizes are rather diverse for a planned development of this type averaging a little under 3 acres wit...
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By Bob Zorechak - ABR, GRI, e-PRO, Sells Homes in Morris/Somerset/Hunterdon Cos., NJ
(Keller Williams Realty Metropolitan)
  Chester NJ Real Estate - Colby Farm Market Report                                      by Bob Zorechak - GRI, ABR, e-PRO   As you can see from the spreadsheet and graphs below, 22 homes have Sold in Colby Farm over the past 7 years at a fairly consistent pace with 2010 being the exception with 4 sales.  2006 was the busiest year with 7 homes being sold. Interesting to note there were zero homes sold in 2011. There are 2 homes currently For Sale with zero sales currently Pending.       The Average Sale Price of homes Sold has declined for the past three out of four years. The highest Average Sale Price in any single year was back in 2005 at $1,025K and 2010 being the lowest at $745K. Note that there were no home sales in 2011. There are 2 homes currently For Sale with zero Pending at t...
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By Bob Zorechak - ABR, GRI, e-PRO, Sells Homes in Morris/Somerset/Hunterdon Cos., NJ
(Keller Williams Realty Metropolitan)
Chester NJ Real Estate - Homes in Colby Farm                                      by Bob Zorechak - GRI, ABR, e-PRO Located in the heart of Chester, Colby Farm is one the more well known and desirable neighborhoods in town. Convenient to shopping (including Downtown Chester Village, Streets of Chester and Chester Mall, to name a few), schools, library, banks, post office, restaurants, parks and everything else Chester has to offer, this community of 76 homes situated on 9 streets in total is a great place to call home. Lot sizes average 3 acres with the smallest lot around 2 acres and the largest being 11 acres. Most lots are flat and generally open, with some backing to the woods with more private rear yards. The homes in Colby Farm, which were constructed between 1992 and 2000, with t...
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By Bob Zorechak - ABR, GRI, e-PRO, Sells Homes in Morris/Somerset/Hunterdon Cos., NJ
(Keller Williams Realty Metropolitan)
   Chester NJ Real Estate - Beacon Hill Estates Market Update 2011          by Bob Zorechak - GRI, ABR, e-PRO   Beacon Hill Estates is one of, if not the most prestigious and sought after places to live in  Chester NJ. In all, there are 45 luxury homes set amongst the gentle rolling hills in the southern edge of town just northwest of beautiful  Roxiticus Valley. The location is convenient to dining, shopping, schools, banking, commuting, etc. just minutes away in quaint Chester Borough, and only 2 miles away from neighboring Peapack Gladstone, where there is access to NJ Transit train service to NYC  on the Gladstone branch of the Morris & Essex line. Minimum lot size in Beacon Hill Estates is 3 acres with some lots being as large as 5 acres. The majority of these luxury homes were bui...
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