Turpin Realtors in Bernardsville, NJ sold the Upton Pyne estate in Bernardsville for $12,880,000. Upton Pyne was originally a historic 500 acre estate built around 1900 on the Mountain Colony section of Bernardsville. It was built for Percy Pyne, daughter of financier…
Monmouth County’s shore towns of Avon-by-the-Sea, Belmar, Spring Lake, Sea Girt and Manasquan are the towns in Monmouth County most closely identified as being affected by the vacation housing market. One of the traditional measures of demand for housing is…
As someone about to order an appraisal you may or may not be asking yourself this question. Perhaps you know exactly what you need, maybe you do not. This article will explore that question and how to figure out the…
Ran some data for single family home prices in the Gregory section of West Orange (the area around Gregory Avenue). Unsurprisingly, the market is performing well. This seems to suggest we are experiencing property value increase rates of about…
Short sales are when a seller attempts to list a home where the value is expected to be less than the outstanding mortgage balance. Since market values in the area began declining beginning in 2006 or so, listings such as…
According to MLS, property flipping appears to be alive and well in West Orange NJ. Below is a table with raw data on properties which sold and resold less than 1 year later in a section of West Orange. Some…
Hapgood was a real estate developer who built the beginnings of one of the first planned communities in NJ, Mountain Lakes. Mountain Lakes was once a hilly wooded area. The homes were originally referred to as “Lakers”, and were built…
NJ Home Appraisal keeps its finger on the pulse of the local NJ housing market. Today we did an analysis of the Clifton, NJ housing market. The NJ housing market is seasonal. That means that the number of homes sold…