All About New Jersey Real Estate

By Scott Gleason, Westfield NJ New Homes Specialist
(RE/MAX Select)
Westfield is currently under a Heat Advisory from the National Weather Service. Make sure you stay hydrated, stay out of the sun, and stick to air-conditioned rooms to help keep you cool. Also, check on your elderly family, friends, and neighbors. But the temps outside are not the only thing that heats up during the summer. Our Westfield real estate market is on fire. Keep these tips in mind if you plan on buying a home during the summertime.Tips for Buying a Home in the SummertimeFewer Choices/More CompetitionIn the past, sellers occasionally found themselves in the enviable position of fielding multiple offers. But in today's market, we see this happening more and more. Less inventory means that home buyers may find themselves in a bidding war against other buyers for properties. It h...
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By Simon Westfall-Kwong, The Simon Westfall-Kwong Real Estate Group
(Keller Williams Realty, North Central New Jersey)
June 2021 Solds in The Mountain 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, 287,...
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By Simon Westfall-Kwong, The Simon Westfall-Kwong Real Estate Group
(Keller Williams Realty, North Central New Jersey)
June 2021 Solds in Madison Common:Visit our Madison Common website page to see the listings for these properties! We also have all the floor plans!Built in the mid-1980's and situated around a 3 acre lake which adds a serene, resort-like setting to The Madison Common - a friendly community of 208 townhomes.  This beautiful and affluent Madison townhome community offers a landscape that is both lovely and mature and affords each homeowner maximum privacy.  An on-site manager at Madison Common makes certain the grounds and amenities are impeccably maintained. There are tennis courts, an outdoor pool and a clubhouse with party room and fitness room for the exclusive use of Madison Common residents and their guests.Pets are allowed and welcome in The Madison Common and the townhomes were de...
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By Simon Westfall-Kwong, The Simon Westfall-Kwong Real Estate Group
(Keller Williams Realty, North Central New Jersey)
May 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 Mountain Club 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 equipp...
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By Simon Westfall-Kwong, The Simon Westfall-Kwong Real Estate Group
(Keller Williams Realty, North Central New Jersey)
The market in Short Hills and Millburn is still hot as we move into the Summer months. There were 49 listings that closed in June, which marks the highest number of closings by month this year and more than usual for the first half of the year. Anecdotal feedback suggests that this may be partially due to more Use of Occupancy agreements put in place where sellers remain in the home after closing and buyers have the ability to lock in better interest rates.The most significant growth in average price and total sales remains in Short Hills while Millburn continues to have had a solid uptick. June numbers were strong for Millburn with Average Sales Price over $900k. Overall, Average Sales Prices are rising and have the potential to exceed the 2018 peak, and there is an increase in Under C...
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By Robert Rauf
(HomeBridge Financial Services (NJ))
Federal Housing Financing Agency Eliminates Adverse Market Charge for RefisThe FHFA oversees Fannie and Freddie and has made some very unpopular moves the past year that increased the costs of a lot of mortgages for home buyers and home owners.  Thankfully they eliminated this charge.This is a VERY good news scenario for anyone that maybe considering a refi, or for some that thought it wouldn't make sense.  Last Fall FHFA blindsided the industry with 50 basis point adverse market charge for conventional refinance mortgages.  In many cases that increased the rate by 1/4% over the market rate.  Even better news, it is effective immediately  Call me for all your residential lending needs! Robert Rauf Mortgage Loan Originator NMLS# 248937http://www.homebridge.com/RobertRauf or my blog: http...
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By Scott Gleason, Westfield NJ New Homes Specialist
(RE/MAX Select)
Many of our annual events went "virtual" last year. Girl's Night Out, clothing drives, and even beloved holiday events like Santa Claus Lane included severe restrictions to allow them to take place. Fortunately, we see life returning somewhat back to normal thanks to the percentage of people receiving their COVID-19 vaccinations. Our local small businesses bared the brunt of economic hardship last year. It is time to show them some love again. So, grab your checkbooks and head out to the Downtown Westfield Sidewalk Sale 2021 next week.What: Downtown Westfield Sidewalk Sale 2021Where: Various Shops DowntownWhen: July 15th to 18th, 2921Contact: Westfield Town Hall (908) 789-4040 or via emailDowntown Westfield Sidewalk Sale 2021It is time to shop 'til you drop, people. Between July 15th an...
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By Scott Gleason, Westfield NJ New Homes Specialist
(RE/MAX Select)
Summertime means that there are so many outdoor activities to enjoy in Westfield right now. The New Jersey Festival Orchestra performed for a live sold-out crowd last weekend. The Sweet Sounds Downtown Music Festival starts up next week. And this weekend, we celebrate our nation's independence. Here are some of the places you can see Westfield area fireworks this 4th of July weekend.Westfield Area Fireworks and 4th of July CelebrationsCranfordIf you find yourself in Cranford tonight (July 2nd), they plan on an early Independence Day fireworks show at Nomahegan Park (1107 Springfield Ave). On July 4th, they host their annual Firecracker 4-Miler and Fun Run at Nomahegan Park. Find out more about the 4-Miler and how you can participate by visiting the Cranford Jaycees' website here.Scotch ...
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By Westchester Modular Homes Construction Corp, Westchester, Putnam, Rockland, Dutchess, Orange
(Westchester Modular Homes Construction Corp)
Join us on July 14th 2021 @ 6:30 PM for a LIVE VIRTUAL TOUR of our sample homes, design center & factory... sign up at www.vt-sign-up.com today to reserve your spot... Live Q & A session right after tour with a couple of our builders... learn everything about the process and how they can help you build the home of your dreams...
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By Scott Gleason, Westfield NJ New Homes Specialist
(RE/MAX Select)
This weekend, the New Jersey Festival Orchestra brings Broadway to Westfield. But that marks just the beginning of a summer filled with beautiful melodies. Because in July, the Sweet Sounds Downtown Music Festival 2021 begins. Three different concerts. One cool location. All summer long.What: Sweet Sounds Downtown Music Festival 2021Where: Downtown WestfieldWhen: Every Tuesday from 7 pm to 9 pm in July and AugustAdmission: FreeSweet Sounds Downtown Music Festival 2021Make Tuesday night your date night and downtown Westfield your destination every week this summer. Not only do you get to enjoy a lovely evening with your special someone, but you also get to listen to live concerts as well. Each week brings new musical acts to three separate stages set up around the downtown area. In case ...
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By Dave Sulvetta, Realtor
(Dave Sulvetta, eXp Connection, Gloucester County Realtor)
Gloucester Twp NJ - Valleybrook | Sold and pending for June 2021This incredibly hot🔥market continues and June 2021 is no different.Valleybrook has seen record dollar amount sales in June. One unit sold for $325000! This particular unit is an end unit with the master bedroom on the 1st floor. This rare model always seems to be in the most demand, since there are so few of them, even in a "normal" market.With this said, let's take a look at the new pending and settled homes for Valleybrook.  Address Beds Baths Status Sold Price Current Price Agree. Date Closed Date 2703 Wimbledon Way 2 1 PND   $140,000 6/17/2021   1001 Aberdeen Ln 2 2 PND   $184,900 6/10/2021   3706 Aberdeen Ln 2 2 PND   $160,000 6/14/2021   4308 Aberdeen Ln 3 2 PND   $165,000 6/8/2021   2607 Wimbledon Way 2 3 PND   $175,...
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By Dave Sulvetta, Realtor
(Dave Sulvetta, eXp Connection, Gloucester County Realtor)
Gloucester Township NJ is located just 20 minutes from Center City Phila and just 35-40 minutes from Atlantic City NJ. Like many other parts of the United States, the market is hot and Gloucester Twp is no different. Comparing May 2020 to May 2021, we will find the listed median price for May 2020 to be $220,000 but in May 2021, the listed median price shot up to $250,000! More importantly, the sold median price for Gloucester Twp rose up nearly $35,000 in May 2021 compared to May 2020!If you are thinking about selling your Gloucester Twp NJ home, now is the time. We are still at a low inventory and sellers are still getting record prices!Learn more about me and contact Dave SulvettaSearch ALL Gloucester Twp NJ homes for sale     
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By Scott Gleason, Westfield NJ New Homes Specialist
(RE/MAX Select)
Back in March of 2020, Broadway shut its doors amid COVID concerns. Originally, theater owners believed this would only last a few short weeks. However, the shutdown turned out to be several months long. Finally, after over a year of going dark, Governor Cuomo announced that the Great White Way will officially come back to life in mid-September of 2021. But who wants to wait that long? With how successful Glo Downtown turned out to be earlier this year, Westfield residents are itching for more artistic entertainment. Thankfully, the NJ Festival Orchestra brings its take on classic Broadway music to Westfield on Saturday, June 26th.What: NJ Festival Orchestra Performs "Back to Broadway"Where: Hertell Rear Gardens (241 E Dudley Ave)When: Saturday, June 26th, 2021 7:30 pmAdmission: $35 (Ge...
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By Janet Larsen, Don't Just List Your Home, SELL IT!
(Berkshire Hathaway, HomeServices Fox and Roach, Realtors)
This home is a must see with its formal living rm, dining rm and sunroom with wood ceiling that will blow you away!  Lower level features a family room with fireplace, separate bath, walk out to yard and garage.  Above ground pool w/decking.  
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By Westchester Modular Homes Construction Corp, Westchester, Putnam, Rockland, Dutchess, Orange
(Westchester Modular Homes Construction Corp)
Sign up at www.vt-sign-up.com for a LIVE GUIDED VIRTUAL TOUR of our sample homes, design center & factory... next tour  June 30th 2021 @ 6:30 PM...LIVE Q & A SESSION right after tour... meet one of our authorized builders... see how you can obtain a mortgage to build a custom modular home... learn how we can help you design & build your dream home... everything you always wanted to know about custom modular homes... we can build any style, size & layout...
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By Scott Gleason, Westfield NJ New Homes Specialist
(RE/MAX Select)
At the end of April, we saw a return of weekend activities on Quimby Street. With COVID-19 cases dwindling in New Jersey, Governor Murphy relaxed mask mandates late last month. So, we should see even more fun summertime events taking place in our fair city. Unfortunately, the weatherman predicts a bit of a soggy weekend. But that will not hinder the very first Westfield Mini Grand Prix. Why? Because they set up tents to protect you from the elements.What: Westfield Mini Grand PrixWhere: Quimby StreetWhen: Saturday, June 12th, 1 pm to 5 pmAdmission: FreeContact: Extreme Party Racing (609) 458-6143 or via emailWestfield Mini Grand Prix 2021Enjoy all of the high-octane, adrenaline-inducing fun of a NASCAR racetrack but on a 1/18th scale. Extreme Party Racing invites all ages to participate...
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By Simon Westfall-Kwong, The Simon Westfall-Kwong Real Estate Group
(Keller Williams Realty, North Central New Jersey)
May 2021 Solds in Sutton Woods:Visit our Sutton Woods website page to see the listings for these properties! We also have all the floor plans!Contact The Simon Westfall-Kwong Real Estate Group Mountain Club Expert, Nathalie Lissinna at 908-656-1747 for more information. Sutton Woods is a condo community of approximately 300 homes, most of which offer townhouse-style living. Conveniently located in a pastoral setting in Chatham Township, Sutton Woods Condos are on the border of Summit NJ. There are approximately 300 condos in Sutton Woods populated with people of all ages - from young professionals to retirees. All enjoy the pastoral setting and the outdoor recreational facilities such as walking paths, outdoor swimming pool with sundeck and the tennis & paddle courts. The grounds are be...
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By Simon Westfall-Kwong, The Simon Westfall-Kwong Real Estate Group
(Keller Williams Realty, North Central New Jersey)
May 2021 Solds in The Mountain 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, 287, ...
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By Simon Westfall-Kwong, The Simon Westfall-Kwong Real Estate Group
(Keller Williams Realty, North Central New Jersey)
May 2021 Solds in Madison Common:Visit our Madison Common website page to see the listings for these properties! We also have all the floor plans!  Built in the mid-1980's and situated around a 3 acre lake which adds a serene, resort-like setting to The Madison Common - a friendly community of 208 townhomes.  This beautiful and affluent Madison townhome community offers a landscape that is both lovely and mature and affords each homeowner maximum privacy.  An on-site manager at Madison Common makes certain the grounds and amenities are impeccably maintained. There are tennis courts, an outdoor pool and a clubhouse with party room and fitness room for the exclusive use of Madison Common residents and their guests.Pets are allowed and welcome in The Madison Common and the townhomes were d...
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By Simon Westfall-Kwong, The Simon Westfall-Kwong Real Estate Group
(Keller Williams Realty, North Central New Jersey)
At this point many township residents are asking, “How long can this Seller’s Market last? Is it too late to put my home on the market?” Looking at the monthly sales trends helps us understand where the market is and where it looks to be heading in the near-term. The current data suggests that the opportunity is still there to sell your home for an optimal return. Since the pandemic real estate boom, the more significant growth in average price and total sales has been in Short Hills while Millburn has had a solid uptick. May numbers were strong for Millburn with Average Sales Price over $1M due to a few large listings closing. Overall, Average Sales Prices remain steady, but there's a noticeable increase in Under Contracts and Total Number of Units Sold compared to both 2020 and 2019. ...
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