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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.
It’s been a busy week – and it’s only Wednesday! On Sunday, I listed 384 Penns Way in Society Hill, Basking Ridge.
This is sure to be a great deal for someone! It needs some work – it is tenant occupied, it needs new carpet and some paint… plus some other handy-man type projects. It’s a short sale – so you need to be flexible on closing. But, I know we can make it happen!! Call me with questions.
I am also listing a colonial in Bernardsville – 100 Old Army Road – a charming home with an updated kitchen, a cozy breakfast area, a great deck and lots of other features. That one will be active and available this weekend.
The market is certainly starting to pick up – there are buyers out there — there was a new listing here in town this week, I showed it on Tuesday… you would have thought they were giving it away there were so many people waiting in line to get in for showings. I predict that it will sell over asking. It’s in great shape on a cul-de-sac and the price is JUST RIGHT. Perfect pricing generates lots of interest. It makes so much more sense to price it right than to price it just a little high to see what happens.
The best news of the week? The absorption rate in Basking Ridge fell to 4.4 months! Sellers – it’s time to get on the market! If you are thinking about it, now might be the time. I’m happy to help you determine the value of your home in Basking Ridge.
Considering a move? Preview search townhouses and condos for sale in Basking Ridge or search single family homes for sale in Basking Ridge. Then call me and I will help you through the process!
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
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!