New listing in Society Hill

Jennifer Blanchard — Thu, 11 Nov 2010 22:36:15 +0000

You heard it here first! 353 Penns Way in Basking Ridge will be on the market later tonight with photos available tomorrow afternoon. This model 600 unit (the largest three bedroom with a sun room) is being offered at $310,000.

Stay tuned for open house schedules or contact me directly to schedule an appointment.

Three bedrooms, largest model in Society Hill

Society Hill – Basking Ridge – Market Activity

Jennifer Blanchard — Wed, 05 Aug 2009 03:00:51 +0000

I am working with first time home buyers who are considering making an offer on a townhouse in Society Hill, Basking Ridge. So I spent this evening working on a market analysis to determine if the list price on the unit they like is within the boundaries of reality. The unit has been on the market for quite some time and is not in the best condition. The agent shared with me the seller’s bottom line. Knowing that certainly helped – and I actually think that their bottom line reflects a nice deal, even with the elbow grease that the unit needs.

I had to go back beyond 12 months to find another sale to compare to the large three bedroom unit that is on the market on Baldwin Court; but for the two bedroom units there was a lot to go by – that seems to be the most popular model recently. Most likely because they account for a larger percentage of the types of units and since they are small, the turn over more frequently. Interestingly enough – there have been three sales in the last 30 days of the two bedroom model - that leaves only my listing and one other still available, could my clients be the next lucky sellers?

I thought I would share the Society Hill Market Analysis that I put together – please let me know if you have any questions. I am happy to send you information about other properties available here in town, or click here to search available town houses in Basking Ridge. (Please forgive my spacing issues – my webmaster is on vacation!!)

Sts	Address		Bed	Style	List Date	LP/SP	DOM	UC Date
A	261	PENNS WAY	3	Interior/back kitchen	7/29/2009	$325,000	6
A	6	BALDWIN CT*	3	Interior/sunroom	4/1/2009	$344,900	125
A	406	Penns Way	3	Interior/sunroom	3/23/2009	$365,900	134
A	309	ENGLISH PL	2	Interior	7/6/2009	$289,000	29
A	287	PENNS WAY*	2	End Unit	9/18/2008	$298,900	320
A	37	WOODWARD LN*	2	Interior	7/6/2009	$304,900	29

UC	191	IRVING PL*	2	End Unit	5/2/2009	$305,000	93	8/3/2009
UC	430	PENNS WAY	2	Interior	4/25/2009	$290,000	76	7/10/2009
UC	286	PENNS WAY*	2	Interior	5/7/2009	$299,900	81	7/27/2009
UC	269	Penns Way	2	Interior	5/13/2009	$295,000	36	6/18/2009

S	444	Penns Way	3	Interior	2/9/2009	$340,000	87	5/7/2009
S	192	IRVING PL*	2	Interior	3/15/2009	$285,000	23	4/7/2009
S	195	Irving Place	2	Interior	2/27/2009	$280,000	18	3/17/2009
S	355	PENNS WAY*	2	Interior	2/3/2009	$242,000	31	3/6/2009
S	62	Woodward Lane	2	Interior	6/14/2008	$270,000	249	2/18/2009
S	392	PENNS WAY*	2	Interior/sunroom	7/21/2008	$300,000	184	1/21/2009
S	64	WOODWARD LN*	2	End Unit/sunroom	7/28/2008	$330,000	22	8/19/2008
S	295	PENNS WAY*	2	End Unit	6/5/2008	$300,000	42	7/17/2008
S	158	WOODWARD LN*	2	Interior	3/6/2008	$275,000	127	7/11/2008

Remember, these units make great first homes! Take advantage of the first time home buyer credit if you qualify – time runs out at the end of November!

Basking Ridge Real Estate » society hill basking ridge

New listing in Society Hill

Society Hill – Basking Ridge – Market Activity