Cranford, NJ Real Estate News

By Wayne Zuhl, The Last Name You'll Ever Need in Real Estate
(Remax First Realty II)
Cranford remains one of the most sought after towns in Union County. Here's what's been happening in the Cranford real estate market this month.InventoryThere were 114 homes offered for sale in Cranford in October compared to the 12 month average of 107 homes. 21 homes were sold in September which is helping to hold inventory down.Inventory and sales are variable  monthly as shown by the peaks and valleys in the graph above. Some variability can also be attributed to homes that are more desirable or less desirable than the average Cranford home. Homes that are in exceptional condition or well priced won't stay on the market long, whereas distressed properties or homes in disrepair stay around longer and cause data variations. Even conditions such as weather affect home sales - fewer buy...
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By Wayne Zuhl, The Last Name You'll Ever Need in Real Estate
(Remax First Realty II)
If you're a homeowner in Cranford, or if you want to be one, what tricks or treats are ready for you this Halloween?The Cranford real estate market has all the information you need to keep your head. Home ownership continues to be the largest indicator of personal net worth. We analyzed the inventory, prices, and length of time it takes to sell a home.The inventory in Cranford has dropped below summer highs but isn't down to winter lows yet. Sales were slow  in September - only 14 homes were sold making it the slowest month since March of '19. Prices are down also - the average sale in September was $470,000, the lowest average sale price since March. We've entered a buyers market in Cranford, something we haven't seen for a while.To read a complete analysis of the Cranford real estate ...
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By Wayne Zuhl, The Last Name You'll Ever Need in Real Estate
(Remax First Realty II)
Cranford remains one of the most sought after towns in Union County. Here's what's been happening in the Cranford real estate market this month.InventoryThere were 116 homes offered for sale in Cranford in September compared to the 12 month average of 105 homes. 14 homes were sold in September which is a big drop since the 25 homes sold in August and the 47 homes sold in July.Inventory and sales are variable  monthly as shown by the peaks and valleys in the graph above. Some variability can also be attributed to homes that are more desirable or less desirable than the average Cranford home. Homes that are in exceptional condition or well priced won't stay on the market long, whereas distressed properties or homes in disrepair stay around longer and cause data variations. Even conditions...
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By Wayne Zuhl, The Last Name You'll Ever Need in Real Estate
(Remax First Realty II)
Team Zuhl is committed to providing Cranford home sellers and home buyers with the most up to date information regarding your home values. Every month, we publish an in depth analysis of the inventory, sales, and prices of homes in Cranford. Did you miss September's market report? Click here to read it today! Here's a summary of what we learned:Inventory:   Active Listings Sold Listings August 2019 107 25 August 2018 89 21 12 month average 103.92 22.38 This big decrease in inventory this month should make it a little easier to sell your Cranford home this fall. Months of Inventory:   Months of Inventory August 2019 5.06 August 2018 4.24 12 month average 5.03 Despite a weak seller's market for 2017 and the first half of 2018, Cranford currently is enjoying a normal market. Prices   Avera...
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By Wayne Zuhl, The Last Name You'll Ever Need in Real Estate
(Remax First Realty II)
Cranford remains one of the most sought after towns in Union County. Here's what's been happening in the Cranford real estate market this summer.Inventory    Active Listings Sold Listings August 2019 107 25 August 2018 89 21 12 month average 103.92 22.38 This big decrease in inventory this month should make it a little easier to sell your Cranford home this fall.Inventory and sales are variable  monthly as shown by the peaks and valleys in the graph above. Some variability can also be attributed to homes that are more desirable or less desirable than the average Cranford home. Homes that are in exceptional condition or well priced won't stay on the market long, whereas distressed properties or homes in disrepair stay around longer and cause data variations. Even conditions such as weath...
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By Wayne Zuhl, The Last Name You'll Ever Need in Real Estate
(Remax First Realty II)
Homeowners, or people who want to be homeowners, need to keep up to date on the real estate market conditions in Cranford. Every month, we crunch the numbers and let you know what's going on.If you own a home, plan to sell a home, or plan to buy a home in Cranford, our monthly real estate market report contains important information.  Key Points: In July, 22 single family homes were sold and 115 homes were offered for sale, up  from 99 homes offered for sale in July of 2018 and compared to the 12 month average of 96 homes offered for sale. Buyers find Clark attractive, and homeowners benefit in the form of increasing sales prices and decreasing days on market. The average list price in Clark in July was $551,345 (compared to $549,932 in July of 2018) and the average sale price was $435,...
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By Wayne Zuhl, The Last Name You'll Ever Need in Real Estate
(Remax First Realty II)
Cranford remains one of the most sought after towns in Union County. Here's what's been happening in the Cranford real estate market this summer.Inventory at the end of July:    Active Listings Sold homes End of July 2019 123 47 End of June 2019 126 24 End of July 2018 86 16 12 month average 102 21.7 There were 123 homes offered for sale in Cranford in July compared to the 12 month average of 102 homes. 47 homes were sold in July compared to the 12 month average of 21.7 homes. This big jump in homes sold this month helps reduce the high inventory we've had for a few months and should make it a little easier to sell your Cranford home this fall.  Despite a weak seller's market for 2017 and the first half of 2018, Cranford currently has a strong seller's market with fewer homes offered fo...
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By Wayne Zuhl, The Last Name You'll Ever Need in Real Estate
(Remax First Realty II)
This Victorian style colonial sits on 0.33 acres and has 4 bedrooms and 2 baths.  The peaceful park like yard faces the Rahway River.  The home is close to the #1 rated Cranford downtown, shopping, restaurants, and train station.  Offered by Samsel and Associates for $499,000.Please call listing agent Wayne Zuhl at 908-917-4189 to schedule your showing.  
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By Wayne Zuhl, The Last Name You'll Ever Need in Real Estate
(Remax First Realty II)
We're all ears when it comes to real estate in Cranford! Do you know what your home is worth? The answer might surprise you. Click here for the latest Cranford Real Estate Market Report.To find out how much your home is worth in today's market, please click here! 
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By Wayne Zuhl, The Last Name You'll Ever Need in Real Estate
(Remax First Realty II)
Cranford remains one of the most sought after towns in Union County. Here's what's been happening in the Cranford real estate market this summer.InventoryThere were 127 homes offered for sale in Cranford in June compared to the 12 month average of 100 homes. Twenty four homes were sold in June compared to the 12 month average of 19.6 homes. Decreasing inventory drive prices up and/or decrease the length of time it takes to sell a home.Inventory and sales are variable  monthly as shown by the peaks and valleys in the graph above. Some variability can also be attributed to homes that are more desirable or less desirable than the average Cranford home. Homes that are in exceptional condition or well priced won't stay on the market long, whereas distressed properties or homes in disrepair s...
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By Scott Gleason, CRS, Westfield NJ New Homes Specialist
(Coldwell Banker Realty)
Food, glorious food. Our city offers some of the best food around. In fact, MyCentralJersey.com put Cranford on its list of the five underrated foodie towns in New Jersey late last year. With Cranford Winter Restaurant Week 2019 set to begin next week, you have the opportunity to sample some of our city's finest fare prepared by some of our most talented chefs.What: Cranford Winter Restaurant Week 2019Where: 15 Restaurants in Downtown CranfordWhen: 5 pm to 10 pm, February 24th to March 1stCranford Winter Restaurant Week 2019During Cranford Winter Restaurant Week 2019, the extremely talented chefs at 15 different restaurants in the downtown area put together pre-fixe menus for the public to enjoy. Ambeli was specifically called out by MyCentralNewJersey.com thanks to its connection with ...
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By Wayne Zuhl, The Last Name You'll Ever Need in Real Estate
(Remax First Realty II)
Cranford remains one of the most sought after towns in Union County. Here's what's been happening in the Cranford real estate market this winter.InventoryThere were 86 homes offered for sale in Cranford in December compared to the 12 month average of 78. There were 17 single family homes sold in Cranford in July, significantly less than the 33 that were sold in June but only slightly less than the 12 month average of 18. Decreasing inventory drive prices up and/or decrease the length of time it takes to sell a home.Inventory and sales are variable  monthly as shown by the peaks and valleys in the graph above. Some variability can also be attributed to homes that are more desirable or less desirable than the average Cranford home. Homes that are in exceptional condition or well priced wo...
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By Wayne Zuhl, The Last Name You'll Ever Need in Real Estate
(Remax First Realty II)
Cranford remains one of the most sought after towns in Union County. Here's what's been happening in the Cranford real estate market this spring.InventoryThere were 75 homes offered for sale in Cranford in May and 22 homes were sold. Continued low inventory and high sales drives up prices.PricesThe average sale price of a home sold in Cranford in May was $4453,500, slightly lower than the 12 month average of $486,826. As inventory continues to shrink, it's reasonable to expect that prices will go up. Days on MarketThe homes that were sold in May in Cranford had been on the market for an average of 42 days - faster than most of Union County.What this means for buyers: Be educated. Learn what kind of home you want. Decide with your family members what you need in a home and what you want ...
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By Wayne Zuhl, The Last Name You'll Ever Need in Real Estate
(Remax First Realty II)
Cranford remains one of the most sought after towns in Union County. Here's what's been happening in the Cranford real estate market this spring.InventoryThere were 75 homes offered for sale in Cranford in April and 15 homes were sold. Continued low inventory and high sales drives up prices.PricesThe average sale price of a home sold in Cranford in April was $480,660, slightly lower than the 12 month average of $492,446. As inventory continues to shrink, it's reasonable to expect that prices will go up.Days on MarketThe homes that were sold in April in Cranford had been on the market for an average of 30 days - fast even by Cranford standards.  What this means for buyers: Be educated. Learn what kind of home you want. Decide with your family members what you need in a home and what you ...
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By Wayne Zuhl, The Last Name You'll Ever Need in Real Estate
(Remax First Realty II)
Happy New Year!As 2017 comes to a close, let's look back on the year in Cranford real estate and see how the 2017 real estate market in Cranford compares to previous years.InventoryCranford home buyers had slim pickings in 2017 with an average of only 77 homes on the market at any given time. This is by far the lowest average inventory Cranford has had for many years - back in 2015, the monthly average inventory was 105 houses!   Despite the low inventory, buyers still managed to make a few deals this year. A total of 271 homes were sold in 2017 - more than any of the previous 5 years. Of course, as sales increase in pace, inventory will continue to drop and, before you know it, we have a strong sellers market here in Cranford. PricesThe average list price in Cranford in 2017 was $516,2...
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By Wayne Zuhl, The Last Name You'll Ever Need in Real Estate
(Remax First Realty II)
Homeowners and home buyers in Cranford are smart to learn about the real estate market to help make an informed decision about when to buy and sell a home in Cranford.Here’s what’s been happening lately.Inventory: 23 homes were sold in Cranford in September - compared to 31 in September of 2016. 82 homes were offered for sale in Cranford in June - compared to 89 in August and 96 in September of 2016. As inventory shrinks, demand for homes usually increases. This can help to raise prices and/or shorten the length of time homes are on the market. Prices: Average sale price in Cranford in September was $499,895 - compared to the 12 month average of $477,644 and compared to the average sale price in August of $529,591. Average list price in Cranford in September was $513,004 - compare to th...
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By Wayne Zuhl, The Last Name You'll Ever Need in Real Estate
(Remax First Realty II)
Homeowners and home buyers in Cranford are smart to learn about the real estate market to help make an informed decision about when to buy and sell a home in Cranford.Here’s what’s been happening lately.Inventory: 26 homes were sold in Cranford in June- compare to 32 in June, 2016. 87 homes were offered for sale in Cranford in June - compared to 109 in June of 2016 As inventory shrinks, demand for homes usually increases. This can help to raise prices and/or shorten the length of time homes are on the market. Prices: Average sale price in Cranford in June was $491,115 - compare to the 12 month average of $463,830. Average list price in Cranford in June was $541,049 - compare to the 12 month average of $513,281. Consumer confidence helps increase prices. Cranford remains one of the hotte...
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By Wayne Zuhl, The Last Name You'll Ever Need in Real Estate
(Remax First Realty II)
Got a Cranford Teen? Here are the wonderful opportunities available for your teen this summer! Summer Reading Program - each book you read will earn you a raffle ticket which can be used to win prizes at the End-of-Summer-Reading Party on Wednesday, August 9th at 2pm. To sign up for Summer Reading, click here. To update your Activity Log, click here. Tuesday Films - The Cranford Library will host free films for teens on Tuesdays at 2PM. July 11 - Miss Peregrine's Home for Peculiar Children July 18 - Suicide Squad July 25 - Princess Mononoke August 1 - The Maze Runner August 8 - Batman vs. Superman: Dawn of Justice Game On - Video games, board games, and cards games are available for teens every Wednesday at 2pm. Chess Club - Compete or teach younger children how to play on Tuesday, July...
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By Wayne Zuhl, The Last Name You'll Ever Need in Real Estate
(Remax First Realty II)
  38 Concord St Cranford NJ 07016   MUST SEE! Large 4 bedroom,3 bath Split featuring an in-law suite,open floor plan,hardwood floors,beautiful yard and much more! Just refinish the hardwood and move right in! NOT in a flood zone!!! 3rd Floor has an in-law suite with a full bathroom. Completely fenced rear yard. 2 zone furnace,installed in 2012. Newer siding and windows with lifetime warranty. 1 year Home Warranty included for the buyer. PROPERTY DETAILS MLS ID 3393381 $445,900 Bedrooms: 4 Bathrooms: 3 Square Feet: 4510   Wayne Zuhl Hallmark Realtors C:908-917-4189 wayne@hallmarkrealtors.com Virtual Tour Property Website Brochure    
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By Wayne Zuhl, The Last Name You'll Ever Need in Real Estate
(Remax First Realty II)
Homeowners and home buyers in Cranford are smart to learn about the real estate market to help make an informed decision about when to buy and sell a home in Cranford.Here’s what’s been happening lately.Inventory: 29 homes were sold in Cranford in May - compare to 14 in May, 2016. 88 homes were offered for sale in Cranford in May - compared to 96 in May of 2016 As inventory shrinks, demand for homes usually increases. This can help to raise prices and/or shorten the length of time homes are on the market. Prices: Average sale price in Cranford in May was $502,552 - compare to the 12 month average of $457,935. Average list price in Cranford in May was $539,420 - compare to the 12 month average of $510,852. Consumer confidence helps increase prices. Cranford remains one of the hottest com...
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