Basking Ridge Real Estate » Just Sold

Ten closings in Basking Ridge since January 15th

Jennifer Blanchard — Tue, 31 Jan 2012 02:19:34 +0000

Ten sales in Basking Ridge since January 15th:

223 Alexandria Way – this was a bank approved short sale – sold for $170,000

436 Penns Way – $280,000

38 Roberts Circle – $480,000

11 E. Ash Street – $815,000

82 Dorchester Drive – $408,000

180 Patriot Hill Drive – $590,000

162 Alexandria Way – this was a foreclosure – sold for $230,000

40 Sentinel Drive – $1,056,000

17 Berta Place – sold over asking at $801,000

11 Archgate Road – $690,000

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JUST SOLD – 11 Archgate Road and 15 Frohlin Drive

Jennifer Blanchard — Wed, 25 Jan 2012 20:53:06 +0000

11 Archgate Road closed yesterday – list price was $699,000, sale price $690,000!

Also closed this week was 15 Frohlin Drive in Bridgewater; sale price $310,000.

For information on how to get YOUR home sold, you can visit Basking Ridge Real Estate or Bedminster Real Estate and follow the link for a free home value report.

Basking Ridge Market Activity – week of 1/15/2012

Jennifer Blanchard — Fri, 20 Jan 2012 15:34:39 +0000

There was only one closing this week in Basking Ridge: 38 Roberts Circle, a town house in Maple Run sold for $480,000. The market must be getting better because I never would have guessed that this unit would have sold for so much! I’m very happy for that seller. There are several other units in that development that have been for sale recently, I’m quite sure we’ll see some of them returning to the market this spring. Hopefully they will have better luck this season!

Basking Ridge absorption rate is 6.2 months – there are only 132 properties available. In my network – both socially and professionally, I know of at least six homes getting ready to list… I’m hopeful that this will be a great selling season for both buyers and sellers!

Surrounding areas:

In Bedminster there were three closings this week: 77 Sage Court, a condo in the Mayfield section, closed for $189,000; 19 Eton Court a townhouse in Stone Run II sold for $363,500 (Judi and I sold this one!), 200 Old Farm Road a cape cod off of Lamington Road sold OVER ASKING for $801,000. Absorption rate in Bedminster is just under seven months – with 83 properties available, 25 under $300,000, and interest rates under 4%, it’s a great time to buy!

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December Sales – Basking Ridge

Jennifer Blanchard — Tue, 03 Jan 2012 14:58:28 +0000

220 Woods End	Colonial	Prince Edward Pointe	$1,100,000	$1,040,000
46 Hansom Road	Colonial	Liberty Ridge	$649,000	$625,000
83 Childs Road	Ranch		$799,000	$777,500
27 Liberty Ridge Road	Colonial	Liberty Ridge	$789,000	$756,000
14 Revere Drive	Colonial	Liberty Ridge	$799,000	$736,000
46 Vanderveer Drive	Colonial	Revere Hill	$1,029,000	$965,000
25 Tall Timber Lane	Colonial	River’s Edge Estates	$2,975,000	$2,504,000
75 Hardscrabble Road	Colonial	Franklin Corners	$850,000	$805,000
17 Roe Lane	Colonial	Gatehouse	$819,000	$790,000
60 Canterbury Way	Colonial	Canterbury Estates	$1,395,000	$1,329,500
4 Revere Drive	Colonial	Liberty Ridge	$719,000	$673,500
129 Woodman Lane	Colonial	Beacon Manor	$1,495,000	$1,425,000

10 Springfield Lane	Townhouse	Amherst Mews	$900,000	$885,000
115 Countryside Drive	Condo	Countryside	$325,000	$320,000
107 Irving Place	Condo	Society Hill	$229,900	$215,000
4 Village Drive	Townhouse	Lord Stirling Village	$324,900	$326,000
194 Patriot Hill Drive	Townhouse	Patriot Hill	$599,000	$580,000
2 Benedict Crescent	Townhouse	Amherst Mews	$789,000	$751,000
45 Village Drive	Townhouse	Lord Stirling Village	$350,000	$315,000
440 Penns Way	Townhouse	Society Hill	$310,000	$277,000

JUST SOLD – 83 Childs Road – $777,500

Jennifer Blanchard — Sun, 18 Dec 2011 15:40:51 +0000

Wonderfully private – your own backyard oasis featuring an inground pool and a newly renovated kitchen! Beautifully situated on 3 magnificent acres and convenient to everything! Generously sized living and dining rooms. Finished lower level is walkout – offering a separate entrance, perfect for a home office or aupair suite. Every room has terrific views. The breakfast room opens to a tiered deck ringed with evergreens. This home is a perfect luxury townhome alternative…live here as it is or consider expanding as there is plenty of space and lots of potential!

Four bedrooms (3 bedroom septic), three full baths, two car garage, almost three acres, in-ground pool…and more!

Offered at $825,000 – SOLD for $777,500

Basking Ridge Market Update – end of November

Jennifer Blanchard — Wed, 30 Nov 2011 13:58:57 +0000

Twelve closed sales in Basking Ridge since I last posted a market update on 11/16/11:

340 Penns Way closed for $215,000 – Society Hill
147 Jamestown Road closed for $232,500 – Spring Ridge
58 Alexandria closed for $273,500 – Spring Ridge
141 Village Drive closed for $$355,000 – Lord Stirling Village
65 S. Alward Ave closed for $549,900 – my listing! multiple offers!
215 Patriot Hill Drive closed for $557,500 – Patriot Hill in the Hills
117 Goltra Drive closed for $592,000
23 Forest Trail closed for $573,000
128 Patriot Hill Drive closed for $630,000 – Patriot Hill in the Hills
68 LibertyRidge Road closed for $764,000 – Liberty Ridge in the Hills
37 Chimney Ash Farm Road closed for $770,000
267 English Place is closing TODAY! – my listing!

There were 10 new listings in this time period and there were 13 contract sales – not bad for the last two weeks of November, traditionally the end of the Fall market. I am still very busy – writing a contract today, I have a listing appointment this week and another appointment with move-up buyers on Sunday. My partner Gerry is also out with clients this week…Maybe the Fall market will carry us right through to Spring!

Market review – closed sales in Basking Ridge

Jennifer Blanchard — Fri, 04 Nov 2011 16:06:50 +0000

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

Click here for a list of additional homes that have sold in Basking Ridge.

Just SOLD in Spring Ridge

Jennifer Blanchard — Mon, 03 Oct 2011 17:28:34 +0000

258 Alexandria Way, Basking Ridge

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

Sold for $432,000

Mid-month Market Update – Basking Ridge

Jennifer Blanchard — Thu, 22 Sep 2011 13:29:19 +0000

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!

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Helpful Links

Jennifer Blanchard — Thu, 15 Sep 2011 17:28:46 +0000

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