All About New Jersey Real Estate

By Robert Rauf
(HomeBridge Financial Services (NJ))
Happy New year from the Federal Housing Finance Agency.In Early 2021 FHFA tossed in new Loan Level Price adjustments (add ons) that we had never seen before for both Vacation homes and for Investment property. Last September they dropped the add-ons and they are back again for 2022, just on a slightly different scale.The Biggest moves will be for a Vacation/Second Home with an additional 1.125-4.125 points being added for loans up to the conforming limit of $647,200The add on will depend on Down payment, With 10% or 15% down it will be at the max 4.125 points, and will drop to 3.375points with 20% down Effectively with the way the buy up/down for rates is it will be near impossible to do a zero point loan for a vacation home. for a 20% down $647,200 loan it will cost an additional $21,8...
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By Janet Larsen, Don't Just List Your Home, SELL IT!
(Berkshire Hathaway, HomeServices Fox and Roach, Realtors)
https://matrix.brightmls.com/matrix/shared/TXmHsHj5ZJc/84Annapolis
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By Dave Sulvetta, Realtor
(Dave Sulvetta, eXp Connection, Gloucester County Realtor)
  Gloucester Twp NJ - Valleybrook Sold in November and December 2021!  Let's check out what sold in Valleybrook, Blackwood NJ for the last two months of 2021!A total of 21 homes were settled in November and December of 2021! Now, compared to November 2020 - December 2021, we are up a total of 3 more sold in 2021. Here are the statistics - 2021 Days on Market - AVG. 21.752020 Days on Market - AVG  14.35  (I believe this is due to higher listing prices in 2021)2021 Average sold Price $222,6782020 Average Sold Price $196,700Here are the units that sold for November and December 2021 - Gloucester Twp Valleybrook 23 Pebble Ln 6 Sawgrass Ct 3204 Wimbledon Way 20 Muirfield Ct 4002 Aberdeen Ln 2306 Doral Dr 9 Sawgrass Ct 1603 Aberdeen Ln 608 Aberdeen 169 La Costa Dr 2502 Wimbledon Way 4304 Aber...
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By Scott Gleason, CRS, Westfield NJ New Homes Specialist
(Coldwell Banker Realty)
New year. New home? If you plan on selling your Westfield area home in 2022, you should start focusing on the tasks required to make it happen. The sooner you create a plan of attack, the easier selling your home becomes in the new year.Selling Your Home in 2022Set a Target DateMarch through May tend to be the best times to list your home on the Westfield market. That is when more buyers go out looking for a new home. Why? Nice weather makes it easier to navigate their way to a showing. Plus, this allows families time to close and move during the summer, when school closes. Once you set your target listing date, create your list of tasks that must be completed beforehand. Then, set deadlines for which each task must be finished.Interview REALTORS®Next, you need to find a REALTOR®. You n...
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By Robert J. Russell, IRES, ICREA, REBS, GMA, LAS, LUTCF
(Robert J Russell Companies)
New Jersey Real Estate Agents by city - we are looking for the Best of the Best - are you the one? New Jersey REALTORS
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By Paul F. Stillwaggon Warren NJ, NJ Estates Real Estate Group, Weichert Realtors
(Weichert Realtors)
Custom Design Ideas By Jeff Beer of Beer Architectural Group https://bit.ly/3wNCJ9lCustom-build with Chet Mosco of Majestic Homes NJ. https://bit.ly/3fOG1D4At Twin Brooks at Warren Township, NJ http://bit.ly/3rLKuJS 11 Luxury New Homes Available to Custom Build. (4 Sold) Under Construction on 1.67 Acre Cul-de-sac Lot. https://bit.ly/3tQML7B Info Call Jane Nicastro-Disch 908-313-7180 or Paul Stillwaggon 908-310-1358.   Example of builders works at Twin Brooks https://bit.ly/3fgeMjG 1000s of Interior Design Build Ideas  https://bit.ly/3osyzBz 1000s Of Exterior Design Build Ideas.  https://bit.ly/3Hkfzvo Info Call Jane Nicastro-Disch 908-313-7180 or Paul 908-310-1358        
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By Robert Rauf
(HomeBridge Financial Services (NJ))
 Happy New Year! Housing prices continue to climb:  CoreLogic Home Price Index was up 1.3% in November and 18% year over year, the highest reading in the 45yr history of the index. While the pace of appreciation in 2022 is not expected to stay at these levels most forecasts show prices will continue to climb. CoreLogic only forecasts a 2.5% gain in 2022 but this time last year they forecast 2.5% as well. For 2022: Goldman forecast 16% gains, Zillow 14%, Fannie 7.5%.  I do believe that the higher two are not that realistic and we are more likely to see a more realistic number like Fannie’s.  Put into perspective, someone buying a $400,000 home today with 8% appreciation will see a $32,000 gain in equity this year. I do believe we will see at least 5% this year before we settle back down ...
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By Jeana Cowie, Broker Associate, ABR, CRS, GRI, SRES
(RE/MAX Real Estate Limited)
Washington Township home for sale listing!Expanded 4 Bedroom 1.5 bath cape cod style home ~ $525,000Call or text  Jeana Cowie for your private viewing at cell 201-982-2200View the video walk through at https://tours.realtechweb.com/222692  Ready for your new home? Than look no further. This meticulously kept, 4 bedroom 1.5 bath expanded cape cod has it all! It's much larger than it looks from outside due to the 1st floor expansion & 2nd floor back dormer. Beautifully refinished hardwood floors on the 1st floor. Spacious living & dining room. An updated kitchen w/access to a large deck. All large bedrooms, especially upstairs. Lots of closet space. Newer front steps & railing. Replacement windows. Vinyl siding. 1 car detached garage. Spacious unfinished basement with workbench area. Priv...
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By Paul F. Stillwaggon Warren NJ, NJ Estates Real Estate Group, Weichert Realtors
(Weichert Realtors)
NJ Estates Real Estate Group of Weichert Realtors Warren Township, NJ https://bit.ly/3aDTqdo   Facebook     Over 37,000 Likes, Members & Friends Paul F Stillwaggon Realtor Luxury New Homes  https://bit.ly/3szLAIRJane Nicastro-Disch Realtor Luxury Homes  https://bit.ly/3oLRA24Bill Gazi NJ Commercial Realtor  https://bit.ly/3jX63Dn North Central NJ Luxury New Homes & Land. https://bit.ly/3lCi6XtNorth Central NJ Open Houses & Coming Soon (1) http://bit.ly/3qKhS2q North Central NJ Open Houses & Coming Soon (2)   http://bit.ly/3vpj8LASomerset County NJ Real Estate Group.  https://bit.ly/2XsACHtUnion/ Essex County NJ Real Estate Group.   https://bit.ly/3se3HnY  Morris/ Sussex County NJ Real Estate Group.  https://bit.ly/3buZtCO  Hunterdon/ Warren County NJ Real Estate Group.  https://bit.ly/3...
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By Scott Gleason, CRS, Westfield NJ New Homes Specialist
(Coldwell Banker Realty)
Most people busy themselves with last-minute Christmas shopping and getting ready for New Year's Eve parties right now. However, some are thinking about buying a new Westfield area home. These homebuyers include Baby Boomers (born between 1946 and 1964). Buying a home in your 60s or 70s may seem even more overwhelming than usual with retirement knocking on your door. If you are a senior home buyer, let me offer you a few tips to help make this transition a little easier.Tips for the Senior Home BuyerPut Future Needs at Top of ListRight now, navigating stairs and cleaning up a large home may still seem manageable. But down the road, you might find it much less so. The National Association of REALTORS® 2021 Home Buyers and Sellers Generational Trends Report found that Boomer buyers planne...
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By Bruce Parker
(RE/MAX Best)
1. Less CompetitionIt’s true that fewer people tend to list their homes during the winter months, but this means that your home has a better chance of standing out, as there will be fewer competing listings. Wouldn’t you rather be the only home for sale in your neighborhood, than have three of your neighbors also selling at the same time?2. Motivated BuyersIt takes a little more motivation to bundle up and go look at houses when the weather gets cold. The holidays keep people busy, and many people are traveling or entertaining guests. Not to mention that packing and moving in the cold is not much fun. But these small hurdles to house-shopping just mean that you will likely avoid wasting time with buyers who aren’t serious and ready to make an offer. The curious neighbors or “we’d like t...
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By Scott Gleason, CRS, Westfield NJ New Homes Specialist
(Coldwell Banker Realty)
Christmas Eve takes place exactly one week from tonight. Meanwhile, the holiday spirit fills the air. For instance, Scotch Plains put their tree on display in Alan Augustine Village Green. Westfield and Fanwood's official trees are set up at their respective North Ave train stations. And you absolutely must see the Fanwood Christmas House. But after the celebration dies down and your guests go home, you are left with the clean-up. That includes your Christmas tree. Unfortunately, these trees cannot be disposed of with your weekly trash collection. What do you do? Contact our local high school band and schedule a Westfield Christmas tree pick-up after the holidays.What: Christmas Tree Pick-up in WestfieldWhere: Curbside Outside Your HomeWhen: Saturday, January 9thCost: $20 per treeDeadli...
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By Scott Gleason, CRS, Westfield NJ New Homes Specialist
(Coldwell Banker Realty)
The Christmas holiday season is in full swing in the Westfield area. For most of us, this means spending time with family and exchanging gifts with those we love. Unfortunately, some people dread the holidays. Either they spend it alone or they struggle to pay their bills and put food on the table already. This time of year puts extra pressure on them to make it special for their children. You can help by donating to the Westfield Toy Drive.Westfield Toy Drive 2021Two Downtown Westfield companies (Allstate Insurance at 502 E. Broad St. and Kinderprep at 80 South Ave. W) partnered up with Springfield charity Furniture Assist to host a Westfield Toy Drive this year. Furniture Assist provides everything from clothing to household goods to people in need. Right now, both businesses accept d...
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By Charlene Capici, Broker Manager
(Garabedian Realty Group)
Barnegat Light New Construction. Under Contract at Pilings! 2500 sq ft 5 Bedrooms. 4.5 Baths.$2249000. Other Opportunities Available. Contact Managing Broker Charlene Capici, Garabedian Realty Today! 609-312-6625
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By Charlene Capici, Broker Manager
(Garabedian Realty Group)
Steps From The Beach, a Rare Barnegat Light Opportunity, One Off the Beach on a 50 x 125 Lot! This is a One-of-a-kind Duplex with Updated 3 BR and 2 1/2 BTHs Units! These Units Amaze With High-End Appliances, Kitchens with Granite Countertops, Each Unit Equipped with Their Own Washer/ Dryer, Outdoor Shower and Storage Area! The First Unit Has 3 BR and 2 Full BTHs on the Ground Level with the Living Room, Kitchen, and 1/2 BTH on the Second Level, and a Huge Bedroom Loft on the Third Floor. The Second Unit Has 3 BR, 2 Full BTHs on the First Floor, and the Living Room, Dining Room, Kitchen and 1/2 BTH on the Second Floor. This Unique Property Also Has a Main Deck and Rooftop Deck for Endless Views, and Large Backyard.   Contact Managing Broker Charlene Capici 609-312-6625 Garabedian Realt...
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By Simon Westfall-Kwong, The Simon Westfall-Kwong Real Estate Group
(Keller Williams Realty, North Central New Jersey)
November 2021 Solds in The November ClubVisit our Mountain Club website page for links to the listings below! Contact The Simon Westfall-Kwong Real Estate Group Mountain Club Expert, Fabio Nieto at 973-713-6492 for more information.  The Mountain Club Condominium complex is set high up on the hill right off Route 10 East with views of the city. The complex includes 50 residential buildings that consist of a total of 702 dwelling units. There are one and two-bedroom units available throughout the community.  With low taxes and HOA fees, residents get to enjoy several amenities such as a community pool, tennis court, clubhouse, fitness room, and on-site management team. If convenience is important to you then look no more! The Mountain Club is convenient to all major highways (Routes. 10,...
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By Janet Larsen, Don't Just List Your Home, SELL IT!
(Berkshire Hathaway, HomeServices Fox and Roach, Realtors)
Absolutely stunning home completely redone top to bottom and right out of a magazine!  4 BR, 2 1/2 ba, basement, pool, 1st floor study, sunroom, gorgeous contemporary kitchen, deck and so much more.  Featured at $419,900  Contact Janet Larsen for your showing!
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By Scott Gleason, CRS, Westfield NJ New Homes Specialist
(Coldwell Banker Realty)
On Sunday, December 5th, the Borough of Fanwood lights its Christmas tree. Santa even promises to make a stop beforehand. But, on Saturday, December 4th, he puts in a quick trip to the Fanwood Christmas House. He would love to see you there.Fanwood Christmas House 2021Yes, the Christmas House is back! While the house lit up for the season on the day after Thanksgiving, Santa could not make it until this weekend. And he promises presents for good little boys and girls who visit him between 4:30 pm and 7 pm. The Fanwood Policeman's Benevolent Association donated refreshments for the event as well. But if you miss the festivities tomorrow, you can still enjoy the light show through the end of the year.Lights for a CauseWhile homeowner Greg Roser loves entertaining the community, the motive...
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By Simon Westfall-Kwong, The Simon Westfall-Kwong Real Estate Group
(Keller Williams Realty, North Central New Jersey)
November 2021 Solds in Moore Estate:Visit our Moore Estate website page to see the listings for these properties! Contact The Simon Westfall-Kwong Real Estate Group Moore Estate Expert, Tracy Biebelberg at 908-510-9593 for more information. There are approximately 250 homes in the Moore Estate populated with people of all ages, from young professionals to retirees and everything in between. The Moore Estate enjoys a unique and delightful pastoral setting adjacent to Loantaka Park with more than 570 acres of parkland, nearly five miles of trails for biking, running, walking, horseback riding and cross-country skiing; 3 ballfields; and a scenic pond. There is a beautiful clubhouse with a spacious party or meeting room and catering kitchen for use by Moore Estate residents. The recently eq...
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By Tony Busanich, 1-4 FAMILY HOME LOAN SPECIALIST
(TD Bank)
Is there an alternative to FHA loan in Woodbridge New Jersey?Is there a better option for a low-down payment then an FHA loan? The answer maybe yes! First-time homebuyers as well as repeat buyers longed-for a home mortgage with a low-down payment of 3.5%. FHA loan remains the best choice not for long. Lenders are moving to CRA Community Reinvestment Act loans. This option may be better for some homebuyers and people looking to refinance a traditional FHA loan. One Out of every five buyers, chooses a FHA loan, with more options being availability this may shortly change. FHA loan are popular because it requires just 3.5 % down payment. Moreover, FHA mortgage rates are lower as compared with others. It also has flexible underwriting standards. This is really attractive especially when you...
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