Admin

Madison, NJ Real Estate News

By Simon Westfall-Kwong, The LuxeLife Group of eXp
(LuxeLife Group of eXp Realty)
April home sales in Madison NJ 15 homes and townhomes have sold in Madison during the month of April 2010 vs only 9 for the same period in 2009. That is an increase of 67% in number of sales and 79% in sales dollar volume!  Fantastic! This trend of more home sales is gaining momentum in our communities, thanks to reduced inventory, increased buyer confidence and pent-up demand.  15 Madison homes sold during April 2010, with a total sales volume of $11,069,000 60 BROOKLAKE RD:  $241,000  27 DOM  17 ORCHARD ST:  $368,000  158 DOM 70 LATHROP AVE (the HILL): $418,000  199DOM 122 HEMPSTEAD CT:   $430,000  66 DOM70 VALLEY RD:   $475,000  9 DOM41 VALLEY RD:   $515,000 9 DOM6 Rolling Hill Court: Rolling Hill Tonwhouse $530,000 182 DOM29 STATION RD:  $525,000 50 DOM2 TRACY LN:   $660,000  18 DOM...
Comments 1
By Simon Westfall-Kwong, The LuxeLife Group of eXp
(LuxeLife Group of eXp Realty)
Madison NJ homes for sale. Currently there are 65 homes and condos for sale in Madison NJ.17 are under $500,00013 are between $500,000 and $700,0009 homes are between $700,000 and $1 million16 fine homes are between $1 and $2 million, and9 spectacular homes are over $2 million This is a big spread on prices and means that in most price ranges buyers have, at most, about 15 houses to choose from.  Once you factor in a buyer's preference for size, style and location, the field narrows even more See Madison's 1st Quarter 2010 Real Estate Sales Report Since there are currently 30 Madison homes and condos under contract, that tells us that we have a bit more than 2 months of inventory on the market.  When many communities across New Jersey, and in fact, the country have 6 months to 2 years w...
Comments 0
By Simon Westfall-Kwong, The LuxeLife Group of eXp
(LuxeLife Group of eXp Realty)
Madison NJ Real Estate Update - 1st Quarter 2010 It's Spring in New Jersey - today it almost feels like Summer - and buyers are out and buying homes in Madison NJ and surrounding towns.  Here is how we're faring so far this quarter: 69 homes for sale in Madison as of today.  Average asking price $1,052,100.  Median list price $779,000. 27 homes currently under contract.  Average asking price $887,495.  Median asking price $689,000.  Average days on market 54. Since January 1, 32 homes and condos have sold in Madison.  Average price $688,062.  Median price $562,920.  Average days on market 82.  Average sale to list price ratio: 94.3%. There are a couple of things going on ... more of the less expensive homes are selling but, based on the properties under contract, the average selling pri...
Comments 0
By Simon Westfall-Kwong, The LuxeLife Group of eXp
(LuxeLife Group of eXp Realty)
Madison’s Hill Section in Madison NJ, Homes for sale & sold Located in the heart of beautiful, historic Madison, NJ, the Hill Section encompasses most of the earlier homes of Madison, NJ.  The architecture is interesting and varied, with many homes from as early as the 1800’s.  Historically significant and beautiful to behold and call home, all of these homes in Madison’s Hill Section have enjoyed updates, upgrades and expansion – most have been renovated with love for home and history and are true masterpieces. Madison offers top-notch schools, Midtown Direct train service to New York and Jersey City, a bustling village with many fine shops and restaurants to please every palate.  Drew University makes its home in Madison and we enjoy an acclaimed Shakespeare Festival.  Madison NJ is a...
Comments 0
By Robert Snyder, a.k.a. Bob the Broker, host of The Real Deal
(Silex Financial Group, Inc.)
Think of Madison, and a number of great restaurants come to mind. Whether Continental, French, American, Italian, Japanese, Indian or Chinese, Madison has them all. Want to try all of them in a single night? Want to complement their signature dishes with a great taste of wine? Then plan on attending the 9th Annual Taste of Madison, the premier culinary fund-raising event of Morris County. The "Taste 2010" will return this year on Monday, March 15 at the Ferguson Recreation Center of Fairleigh Dickinson University, beginning at 6:00 p.m. for VIP admission ($100) or at 7:00 p.m. for General Admission ($65). Valet parking will be available. In addition to sampling wines from all over the world, this year will feature specialty bars such as single malt scotch and micro brews. Over 25 restau...
Comments 1
By Simon Westfall-Kwong, The LuxeLife Group of eXp
(LuxeLife Group of eXp Realty)
Spotlight on Madison, NJ Madison is a ‘rose’ of a New Jersey town in bloom for all seasons. Madison is a town of history, culture, fantastic shopping, and fine dining.  Nicknamed “The Rose City,” Madison began as “Bottle Hill” in 1715 under colonial rule. In 1806, Chatham Township was formed to include the villages of the current Madison, Chatham, and Florham Park. The name of the village was changed to Madison in 1834 and eventually seceded from Chatham Township in 1889, adopting a borough form of government. Located on the Morristown Line with trains heading to Hoboken and to Penn Station in Midtown Manhattan, the Madison train station provides residents with the ability to make the daily commute to NYC easy or to visit the Big Apple for a show, dinner or weekend.  A full range of res...
Comments 0
By Robert J. Pike, Morris County and beyond, Relocations Specialist
(RE/MAX Achievers)
Bob Pike | RE/MAX Achievers | 973-476-4245 10 Winding Way, Madison, NJ Kaplan Built custon colonial split in the "Hill" section of Madison. Renovated in 2004 and only waiting for you furniture to be delivered. 4BR/3.5BA Single Family House offered at $1,175,000 Year Built 1956 Sq Footage 3,304 Bedrooms 4 Bathrooms 3 full, 1 partial Floors 3 Parking 2 Car garage Lot Size 16,500 sqft HOA/Maint $0 per month DESCRIPTION A Kaplan built custom Colonial split level home located in the Hill section of Historic Madison. Fully renovated in 2004: windows, roof, bathrooms, kitchen, and driveway with Belgian block. Painted all in neutral colors so the only thing left is your furniture to be delivered see additional photos below PROPERTY FEATURES - Central A/C - Central heat - Fireplace - High/Vault...
Comments 1
By Perri K. Feldman, NJRealEstateWire.com
(Keller Williams of Essex, Union & Morris Counties)
There is Good News and Bad News about Madison, NJ Real Estate: There are a lot more homes on the market in Madison, NJ than last year...22 more (90 vs 68)! But the good news is...22 homes are under contract at an average list price of $895,342. The even better news, is that homes are selling both under $600,000 and over $1,000,000+ 6   Under $500,0005   $501,000-$600,0002   $601,000-$700,0002   $701,000-$900,0002   $901,000-$999,9995   $1,000,000+ Madison, NJ is a wonderful community rich in history (Washington slept all over the town!), with an excellent school system and an easy commute to NYC. Contact Perri K. Feldman at 973.650.4727 or via email Perri@MidtownDirectHomes.com to learn more about Madison, NJ real estate and the community.
Comments 0
By Shawn Fox, Selling Homes in Northern New Jersey
(Fox Home Team at RE/MAX American Dream)
Madison is located in southeast Morris County and is approximately 30 miles west of New York City. The town was named after the 4th president of the United States, James Madison. Madison was well know for its prosperous rose industry after the Cilvil War and was given its nickname "Rose City." Madison has a wide range of housing opportunities, from garden apartments, to starter homes to larger residences. Madison has many neighborhood parks and tree lined streets, as well as a thriving downtown business district with many specialty shops and restaurants.  For more information on the town of Madison, New Jersey visit www.MorrisCountyLiving.com. Madison, New Jersey Train Station
Comments 0
By Perri K. Feldman, NJRealEstateWire.com
(Keller Williams of Essex, Union & Morris Counties)
If you are on the hunt for the perfect vintage dress, gloves or accessories, check out the trio of Consignment shops just off of Main St. in Madison NJ: Time after Time, Once and Again, and A New Leaf offer low prices on items ranging from flapper dresses from the fifties, to modern wears from just last season.  Each offers a different array. For more information visit NJ Real Estate Wire
Comments 0
By Perri K. Feldman, NJRealEstateWire.com
(Keller Williams of Essex, Union & Morris Counties)
Madison, New Jersey has long been a favorite place to live along the Midtown Direct Train line given its vibrant downtown, excellent public schools and private universities and strong sense of community. Over 55 students from the 2008 graduating class from Madison High School are staying in New Jersey and two students are off to the Ivy's: Columbia and Cornell. To see where the rest of the class is going please visit NJ Real Estate Wire  
Comments 0
By Susan Zanzonico, Sellers/Buyers Agent, Morristown NJ Real Estate
(Berkshire Hathaway Home Services)
This BEAUTIFUL building is the Museum of Early Trades and Crafts at Main Street and Green Village Road in Madison NJ.  This historic building is one of the oldest buildings in town  and maybe in the area for that matter.  Its also somewhat of a landmark for the area.  As you can see even from this small picture, the architecture is amazing.There is an interesting exhibit coming up on March 4th.  Learn how people in the 18th and 19th centuries cured their ailments.  The exhibit will talk about various medicines, instruments and practices used during  that era.  The exhibit will feature letters and diaries written by people talking about their ailments and different remedies that were tried as cures. They'll also have medicine cabinets and medical tools on display.  I think it will be pr...
Comments 0
By Perri K. Feldman, NJRealEstateWire.com
(Keller Williams of Essex, Union & Morris Counties)
Sales of Homes in Madison, New Jersey remained strong in 2007 as you can see.   There are currently 59 homes on the market in Madison, New Jersey...over twenty are available from $400,000-$600,000.You can find lovely three and four bedroom homes within walking distance to schools, shopping and New York City transportation. For more insight into Madison New Jersey, visit New Jersey Real Estate Wire and to find homes for sale in Madison NJ, visit Midtown Direct Homes
Comments 0
By Diane & Cory Robinson
(Lois Schneider Realtor)
On Monday, January 28th, the Taste of Madison will be coming to The Madison Hotel located at One Convent Road, Morristown, NJ.  This is always a fun culinary experience.  There are two tiers of tickets that can be purchased.  There is the VIP Reception which costs $100 per person and starts at 5:00PM or the General Admission which costs $65 per person and starts at 6:30PM.  You must be 21 years of age and a ticket is required.For further information, contact Janice Piccolo, Madison, NJ Downtown Manager, at 973-593-8496.
Comments 0
By Kristin Balsley
(Kristin Balsley)
Are you looking for a suburban community in NJ with easy access to NYC with charm and culture?  Madison, NJ may be the right community for you.Madison, is a small town located in the southeastern part of Morris County, approximately 15 miles west of Midtown Manhattan covering 4 square miles.  As of the 2000 census, the population was 16,450.Madison, NJ enjoys a thriving downtown area that features a variety of quality restaurants, small shops, a move theatre, train station and much more.Madison is also home to Drew University, Farleigh Dickenson University and the College of St. Elizabeth is next door in Morristown.  Also contributing to the culture of Madison, NJ, is the Shakespeare Theater of NJ, the Playwright's Theater of NJ, the Museum of Early Trades and Crafts and the Adult Schoo...
Comments 0
By New Jersey Real Estate James Boyer Morris, Essex & Union County NJ Realtor
(RE/MAX Properties Unlimited, Real Estate)
November home sales for Madison New Jersey.In the month of November there were 13 homes which sold and transfered ownership. ADD LP StyleBedsBathsGARBSMT SP  DOM12 DOUGLAS AVE $    495,000.00 Ranch21.11Y $   467,500.00  3562 Shunpike Road $    514,900.00 CapeCod321Y $   560,000.00  5423 BUCKINGHAM DR $    529,900.00 Ranch321Y $   515,000.00  1674 LATHROP AVE $    549,900.00 Colonial420Y $   541,000.00  1027 COURT PL $    549,900.00 CapeCod31.11Y $   545,900.00  4719 PINE AVE $    648,000.00 Colonial521Y $   590,000.00  1704 Knollwood Avenue $    719,000.00 Colonial31.11Y $   690,000.00  20018 LEWIS DRIVE $    749,000.00 Colonial42.11Y $   719,000.00  4715 Bardon Street $    799,900.00 Colonial32.11Y $   770,000.00  5714 Noe Avenue $    899,000.00 Colonial42.12Y $   840,000.00  149132 GR...
Comments 0
By New Jersey Real Estate James Boyer Morris, Essex & Union County NJ Realtor
(RE/MAX Properties Unlimited, Real Estate)
What Should You Do When Your House Does Not Sell?The longer your home sites on the market, the less likely you are to get a price that you are going to like.  Avoid waiting to long to make a decision.Listen To A Professional Realtors Feedback Ask your real estate professional to poll his or her colleagues who have shown your home.  If location is the problem, you may not have any choice but to reduce your price.  But if your home's appearance is the issue, deal with what seems to be holding buyers back, such as cleaning up the basement or painting the inside.Reduce Your Homes PriceThis is the most obvious decision.  If the real estate market has slowed since you listed your home six weeks ago, the comparable recent home sales you used to set your listing price may be out of date.  Consi...
Comments 1
By New Jersey Real Estate James Boyer Morris, Essex & Union County NJ Realtor
(RE/MAX Properties Unlimited, Real Estate)
It is Black Friday, The biggest shopping day for everything except Madison Real Estate.  Everyone is thinking of holiday shopping and getting the great deals that are out there.But wait a minute, lets re-read that.  (It is Black Friday, The biggest shopping day for everything except Madison Real Estate.  Everyone is thinking of holiday shopping and getting the great deals that are out there.)  When looked at from a more financially savvy point of view, if you are renting, or had been waiting to move up to a larger home, shouldn't you be shopping now!!The deals are better this holiday season for Madison Real Estate shoppers than ever before.  Take a look at my MLS search  Madison Real Estate  to see all the great deals.  Happy Holidays, and please drive carefully.Jim.James BoyerNJ Realto...
Comments 0
By Chatham NJ Real Estate Realtor Luxury Home Sales
(RE/MAX Properties Unlimited)
Madison New Jersey home buyers, want to make sure you get a good deal on the next home you purchase.  Now is the time, the market has been slow all fall, and now with the winter market looming there are even fewer buyers out there willing to make a offer on a home.  If there was ever a time that you could get a excellent deal on a home, now is it.If you would like to do some research on homes in Madison NJ, or in Morris County there is a great tool for you the home seller or home buyer.  You can do some of your own research on home values and the competition that is out there for every type of home.Check out Madison Real Estate the link to the totally free MLS search is on the main page, Just click on the Search For Homes Link in the gray box near the top of the web page.Do all the rese...
Comments 0
By New Jersey Real Estate James Boyer Morris, Essex & Union County NJ Realtor
(RE/MAX Properties Unlimited, Real Estate)
Madison New Jersey home buyers, want to make sure you get a good deal on the next home you purchase.  Now is the time, the market has been slow all fall, and now with the winter market looming there are even fewer buyers out there willing to make a offer on a home.  If there was ever a time that you could get a excellent deal on a home, now is it.If you would like to do some research on homes in Madison NJ, or in Morris County there is a great tool for you the home seller or home buyer.  You can do some of your own research on home values and the competition that is out there for every type of home.Check out Madison Real Estate the link to the totally free MLS search is on the main page, Just click on the Search For Homes Link in the gray box near the top of the web page.Do all the rese...
Comments 0