Archive for the ‘Basking Ridge Community Information’ Category

Did you know that Bernards township has 111 miles of township roads, 80 miles of sidewalks and 2000 acres of parks and open areas??  I just wanted to share that piece of trivia!

Closings since October 22nd:

• 93 Atlas Road – List Price: $535,000 / Sale Price: $500,000
• 302 English Place – List Price: $215,900 / Sale Price: $197,000
• 2 Landau Road – List Price: $734,800 / Sale Price: $715,000
• 93 Countryside Drive – List Price: $189,900 / Sale Price: $178,000
• 41 Roberts Circle – List Price: $479,000 / Sale Price: $450,000
• 7 Quincy Road – List Price: $425,000 / Sale Price: $425,000
• 67 S Alward Avenue – List Price: $554,000 / Sale Price: $515,000
• 67 Vanderveer Drive – List Price: $1,069,900 / Sale Price: $1,060,000
• 56 Aspen Drive – List Price: $339,900 / Sale Price: $327,500
• 42 Baldwin Court – List Price: $159,600 / Sale Price: $159,600
• 16 Lindbergh Lane – List Price: $239,000 / Sale Price: $210,000

One closed sale this past week in Basking Ridge: 9 Crier Court, listed $1,348,900 and sold for $1,300,000.

Two contract sales, both single family homes.  At least one of those had multiple offers in the mid-$500,000 price point and another that was listed for close to $1,400,000 and was only listed about two weeks ago.  Looks like when properties are priced right they will sell quickly!

Additionally, there were nine new listings: four condos/townhouses and five single family homes.  None over $1,000,000.

For more information on any of these new listings or contract sales, contact Jennifer or visit Basking Ridge Real Estate to search for homes.

Please help my friends find Roxy – a pub/bijon mix no bigger than 15 lbs – missing since lunch time today.  She usually lives in Warren but is staying in Basking Ridge this week.  If you see her please call me at 908-432-0318 and I will put you in contact with her owner.

thank you!

Basking Ridge Market Activity – Oct 2 through Oct 8

There were three closed sales in Basking Ridge this past week:

• 137 Village Drive in Lord Stirling Village sold for $310,000 (list price: $339,000)
• 14 Clark Court in Hamilton Woods sold for $417,000 (list price: $419,000)
• 76 Shannon Hill Road in Shannon Hill Farms sold for $1,125,000 (list price: $1,225,000)

There are 173 properties on the market in Basking Ridge; eight of those listings are in attorney review. Average days on market is 118 and average list price is $878,217.  There were 17 contract sales in the last 30 days yielding an absorption rate of 10 months.

Since the beginning of the fall makret there have been 62 new listings.  Seven of these listings are already in under contract,  there have been an additional 18 contract sales since September 1.

Happenings around town

On November 1, 2011, Bernards Township will have paid off the last of its unfunded debt. In celebration of this, the Township Committee will host a “Bond-Fire” in the rear parking lot at the township municipal building on October 29, 2011, at 7 PM. A facsimile of the township’s final unfunded bond will be burned as a symbol of a successful fiscal policy.

The Bernards Township Police Department, will be hosting an Operation Take Back New Jersey local collection site as part of the Operation Take Back NJ medicine disposal day. The event will take place at Police Headquarters, 1 Collyer Lane, Basking Ridge, NJ between the hours of 10 a.m. and 2 p.m. on Saturday, October 29, 2011.

258 Alexandria Way, Basking Ridge

Spring Ridge Duplex – Greenbriar model – 3 bedrooms, 2.1 baths and a finished basement.

Sold for $432,000

The price on 267 English Place in Society Hill Basking Ridge is getting better and better! Now being offered at $284,900 – this two bedroom end unit has been updated with a new kitchen, new bathrooms, floors, and more.

Open this Sunday from 1:00 – 4:00. Come take a look!

Sign up for new listing alerts in Basking Ridge or take a look at what sold each month for the last two years – a great way to get an idea of Basking Ridge home values.

There have been fourteen contract sales in Basking Ridge since 9/1/11 – at prices across the range from $200,000 up to $1,300,000.  Of the 178 properties showing available, eight are starred as being in attorney review and I know that there are at least two others with offers being negotiated.  I am working multiple offers on one of my listings, just received an offer on another one and I am expecting an offer on a third before the end of the week.  Despite this activity, the absorption rate here in town has crept up significantly – reaching almost 12 months.  That is CrAzY – and I think it is a false high as I am aware of several properties that are under contract that are not accurately reported in the MLS.  This is being done to protect sellers in a buyers market full of uncertainty when it comes to things like appraisals and re-negotiations after inspections.

Obviously though, people are still buying homes in Basking Ridge – there have been 22 closings since September 1st:

85 Manor Drive, sale price: $975,000
22 Royal Oak Drive, sale price: $1,480,000
23 Mayflower Drive, sale price: $490,000
37 Emily Road, sale price:  $1,750,000
19 Hancock Court, sale price: $499,000
222 Patriot Hill Drive, sale price: $615,000
21 Sentry Court, sale price: $1,232,500
128 Constitution Way, sale price: $468,000
35 Old Farm Road, sale price: $1,215,000
22 Dexter Drive North, sale price: $537,500
12 Van Dorn Road, sale price: $650,000
78 Carlisle Road, sale price: $610,000
55 Kinnan Way, sale price: $865,000
1 Potomac Drive, sale price: $210,000
184 Spencer Road, sale price: $475,000
257 Penns Way, sale price: $275,000
72 Liberty Ridge Road, sale price: $712,000
23 Ramapo Drive, sale price: $1,042,000
26 Hickory Drive, sale price: $855,000
18 Hadley Court, sale price: $660,000
142 Irving Place, sale price: $225,000
21 Knollcroft Road, sale price: $474,900

Great houses when listed at great prices will absolutely sell.  And – in my opinion – every house is a great house!  Seriously, there is a buyer out there for every house. You just need an experienced agent to help you market the property, find the buyer and navigate the rough waters of the current market!  As these 22 new Basking Ridge homeowners can attest: it can be done!

Helpful Links

Get a free Market Analysis of your Basking Ridge Home

Search New Basking Ridge Single Family Home Listings

Search New Basking Ridge Condo and Townhouse Listings

Review what has sold in Basking Ridge – broken out by month

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Facebook.com/BaskingRidgeRealEstate

Bernards Township
Beautification Task Force
1 Collyer Lane
Basking Ridge, NJ 07920
beautification@bernards.org

June 1, 2011

Dear Residents,

The Beautification Task Force is working to continually improve the quality of life in Bernards Township. This year, we are working on the Township’s first ever Field of Honor in order to honor Veteran’s and the sacrifices they have made on behalf of us all. You have an opportunity to recognize a Veteran, recognize the Armed Forces and/or support currently homeless Veterans by purchasing an American Flag to be flown on the grounds of the Bernards Township municipal building lawn for two weeks during November 2011.

Flags will be arranged in precision rows cascading up the lawn and will be very visible from the street. Each flag will be accompanied by a yellow ribbon with the name of the honoree hand written on it. There will be a ceremony marking the dedication and all residents are encouraged to attend.  Proceeds from the sale of the flags go directly to benefit the needs of homeless Veteran’s through Community Hope, Inc. – at the Veteran’s Administration Hospital here in Basking Ridge. There are a limited number of flags (200) available, so please order early at $30 per flag.

Contact Laura Begg via email at beautification@bernards.org, or check the Bernards Township website: www.bernards.org for further information or for additional applications. Additionally, we invite all Girl and Boy Scout troops to mark the date and to please attend the ceremony. Further, volunteers are needed for set up and break down, and anyone interested in this wonderful community service project is encouraged to contact me at the above email.

Thank you.

Regards,

Laura Begg
Beautification Task Force

Five closed sales in Basking Ridge this past week:

• 1 Potomac Drive in Spring Ridge – listed for $225,000 sold for $210,000
• 18 Hadley Court in Amherst Mews – listed for $699,000 sold for $660,000
• 33 Vanderveer Drive in Revere Hill – listed for $$819,999 sold for $805,000
• 22 Royal Oak Drive, a Bocina built colonial – listed for $1,575,000 sold for $1,480,000
• 37 Emily Road, another Bocina built colonial – listed for $1,825,000 sold for $1,750,000

Considering a move into or out of Basking Ridge?  Consider calling Jennifer Blanchard – she IS Basking Ridge Real Estate!