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Fanwood, NJ Real Estate News

By Wayne Zuhl, The Last Name You'll Ever Need in Real Estate
(Remax First Realty II)
On May 1, 2013, Congressman Rush Holt will be the speaker at the Fanwood-Scotch Plains Rotary meeting.  Representative Holt will be on hand to make comments and answer questions.   This will also be a "Guest Day" for the Rotary, inviting non-Rotary members to a meeting with the hopes that they will like what they see so much that they will be intersted in joining. For more information, please visit the Fanwood-Scotch Plains Rotary website.
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By Wayne Zuhl, The Last Name You'll Ever Need in Real Estate
(Remax First Realty II)
Market Analysis of Fanwood, NJ, Real Estate Market for January-March, 2013   Total number of properties available - 33 Total sales - 11 Average sale price - $463,578 Average list price - $435,555 Average Days on Market - 101 Average Sale Price/List Price ratio - 97% Absorption Rate - 6.01 months of inventory (4-6 months is a "normal" market, less than 4 months is a "sellers market" and more than 6 months is a "buyers market.") For a list of all active properties available in Fanwood today, please click here and click on "Search Homes." For a free market analysis of your home, please email us at TeamZuhl@gmail.com. For more information on Fanwood Real Estate: How long will my Union County home be on the market? - 02/24/13  Fanwood Real Estate Market Report - 12/27/12 It's a Seller's Mark...
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By Wayne Zuhl, The Last Name You'll Ever Need in Real Estate
(Remax First Realty II)
Fanwood will hold their Annual Easter Egg Hunt this morning at 11:00 am at Forest Road Park. All children 10 and under are invited to meet the Easter Bunny and hunt for over a thousand eggs filled with goodies around the partk. Bring your own bunny drawing or decorated egg to enter the contests!  
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By Wayne Zuhl, The Last Name You'll Ever Need in Real Estate
(Remax First Realty II)
Beautiful Fanwood, NJ, is located in southern Union County and is home to just over 7000 people. If you’re thinking of selling a home in Fanwood, the time is ideal right now! With 35 homes for sale in Fanwood, the inventory is certainly dropping, especially since sales remain robust!             An analysis of sale price and list price will show prices have increased all year. The average list price in November was $458,246 and the average sale price was $445,000 – over 97% of list price - adding even more evidence to show how hot this market is. Buyers thinking of making an offer on a Fanwood home are going to need to come in strong with a high offer or risk losing a home – with low inventory, sellers have a definite advantage.   Since the market in Fanwood has remained robust, homes a...
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By For Sale By Owner Flat Fee MLS Listing For $395, Save 3-6% Commission
(RealmartRealty.com)
Home for Sale By Owner in Fanwood Boro, NJ 07023 - Flat Fee MLS Listing $395 80 Willoughby Rd Fanwood Boro, NJ 07023 - Realtors welcome, buyer agent commission paid at MLS#2987131 4 Beds 3 Baths An architect's own custom home is finally being listed! Actually the architect also built this home for his family, the quality unsurpassed. Tastefully done throughout! A wonderful house to call home! Within walking distance to the NJT Raritan Valley line (easy commute), this home allows you to reduce your auto insurance to "pleasure only". This home is also accessible to most of NJ major highways & popular shopping areas! Fully clad in fiber cement (not cheap vinyl siding) the home features 4 bedrooms 2.5 baths, a MBR suite (incl spa-like bathroom, and walk-in closet) an open floor plan, cat6 d...
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By Wayne Zuhl, The Last Name You'll Ever Need in Real Estate
(Remax First Realty II)
Get ready for the holidays, Fanwood! Fanwood Recreation Commission invites all residents to welcome Santa Claus to Fanwood on December 2 at the North Avenue train station.  Kids - come take a free photo with Santa beginning at 3 pm! Everyone - come enjoy holiday music, crafts, refreshments and contests! Fanwood Mayor Colleen Mahr will light the Fanwood Christmas tree at 5 pm.The Fanwood Fire Department, Rescue Squad, and PBA Local 123 will sponsor Santa’s door to door gift delivery. If you want to participate, please click here.
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By Wayne Zuhl, The Last Name You'll Ever Need in Real Estate
(Remax First Realty II)
Scotch Plains and Fanwood business are participating in a "Shop & Dine" event now through December 8th. The event was organized by Amy Boroff of Fanwood who created a Facebook group titled "Scotch Plains - Fanwood Shop & Dine." She is joined by the Scotch Plains-Fanwood BPA in sponsoring the event. The first 300 shoppers at Apple Blossom Flower Shop and Frank’s Auto Repair in Fanwood will receive a gift bag. Enchantments in Fanwood is offering a buy one get one half percent off promotion for Christmas ornaments. Shoppers will also be entered to win gift cards based on the amount they spend. The drawings will be held on Sunday, December 9th. For details and additional information, please visit the BPA websites, www.visitscotchplains.com or www.fanwoodbusiness.com.
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By Wayne Zuhl, The Last Name You'll Ever Need in Real Estate
(Remax First Realty II)
  Fanwood is located in southwestern Union County and is home to approximately 7300 people.               The housing inventory in Fanwood has dropped to only 35 active listings in September, 2012.            Summer sales are typically robust in Union County, and Fanwood was certainly no exception. As you might expect, the low inventory this September follows a very active summer in which 27 homes were sold through June, July, and August.  September's market continued to be active with 8 sold listings.     What does this do to sales prices? As you can see, sale prices are lower now than they were six months ago, but prices are relatively stable. The average sales price of homes in Fanwood in September, 2012, was just under $380,000. The absorption rate is the data upon which real estat...
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By Wayne Zuhl, The Last Name You'll Ever Need in Real Estate
(Remax First Realty II)
If you're thinking of buying or selling a home in Fanwood, NJ, don't do it until you've read our free market report! Be sure that you're getting top dollar for your home by comparing it to other homes in the area that are like yours and have sold in the past few months.   Fanwood Market Reports from Earlier this year: March 2012 First Half of 2012 Homes for Sale in Fanwood: Homes for Sale in Fanwood    
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By Wayne Zuhl, The Last Name You'll Ever Need in Real Estate
(Remax First Realty II)
  Fanwood, NJ, saw the sale of 64 homes so far this year. The breakdown of home sizes and their respective list price and sales price is below.    Home Description Total # of Homes Sold List Price Sale Price Days on Market Sale Price/List Price Ratio 3 Bedroom, 1 Bath 4 $302,350 $272,250 55 89 3 Bedrooms, 3 Bath 2 $365,550 $316,750 192 86 4 Bedroom, 1 1/2 Bath 2 $422,450 $396,250 167 93 3 Bedroom, 2 1/2 Bath 4 $452,450 $431,000 56 95 3 Bedroom, 1 1/2 Bath 17 $367,871 $356,912 71 96 3 Bedrooms, 2 Baths 8 $412,300 $399,088 82 97 4 Bedroom, 2 1/2 Bath 10 $556,540 $543,190 59 97 5 Bedroom, 3 1/2 Bath 1 $519,000 $505,000 35 97 4 Bedroom, 2 Bath 12 $394,108 $386,908 69 98 4 Bedroom, 3 Bath 3 $429,600 $422,500 31 99 5 Bedroom, 2 Bath 1 $439,000 $467,000 55 106 Total 64         Average   $423,7...
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By Wayne Zuhl, The Last Name You'll Ever Need in Real Estate
(Remax First Realty II)
The market report in Fanwood shows some improvements over last year. For starters, take a look at the active lisings in town: The data shows that the number of active listings is going down. Could this mean the end of the giant inventory and subsequent buyer's market? Another good indicator of the Fanwood real estate market is the number of days homes take to sell. This data is composed of homes that sold and indicates how many days from listing to contract. No obvious trend, but December of 2011 showed a very robust market with quick turnover time for sales compared to a pretty slow summer. The final piece of data we'd like to show you is a comparison of sale price versus list price. A high sale price compare to list price ratio means that homes are selling at or close to list price, a...
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By For Sale By Owner Flat Fee MLS Listing For $395, Save 3-6% Commission
(RealmartRealty.com)
Home for Sale By Owner in Fanwood Boro, NJ 07023 - Flat Fee MLS Listing $395 146 Lackland Ave Fanwood Boro, NJ 07023 - Realtors welcome, buyer agent commission paid at MLS#2895042 3 Beds 3 Baths Single Family Home' Living room is 13x20'' Utilities present: Cable TV, Garbage Service Included, Public Sewer, Public Water, Electric Service, Natural Gas' Carbon Monoxide Detector, Dishwasher, Dryer, Microwave Oven, Range/Oven-Gas, Refrigerator, Sump Pump, Washer, Breakfast Bar, Carpeting, Ceramic Tile Floor, Wood Floor, Basement Level Rooms: Bath(s) Other, Inside Entrance, Laundry Room. If you are interested in this Home for Sale By Owner in Fanwood Boro, NJ 07023- Flat Fee MLS Listing $395, please call 1-888-362-6543, enter the MLS#2895042 . You can make an appointment or ask any questions a...
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By For Sale By Owner Flat Fee MLS Listing For $395, Save 3-6% Commission
(RealmartRealty.com)
Home for Sale By Owner in Fanwood Boro, NJ 07023 - Flat Fee MLS Listing $395 116 Tillotson Rd Fanwood Boro, NJ 07023 - Realtors welcome, buyer agent commission paid at MLS# 2895042 5 Beds 4 Baths Single Family Home' Basement' Parking space(s) and Utilities present: Cable TV, Garbage Service Included, Public Sewer, Public Water, Electric Service, Natural Gas. If you are interested in this Home for Sale By Owner in Fanwood Boro, NJ 07023- Flat Fee MLS Listing $395, please call 1-888-362-6543, enter the MLS# 2895042 . You can make an appointment or ask any questions about the property. Realtors welcome, buyer commission is paid to any realtor. Please see additional listing details at Realtor.com featured by Realmart Realty. If you have a Home for Sale in Fanwood Boro, NJ 07023 and would li...
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By For Sale By Owner Flat Fee MLS Listing For $395, Save 3-6% Commission
(RealmartRealty.com)
Home for Sale By Owner in Fanwood, NJ 07023 - Flat Fee MLS Listing $395   97 TILLOTSON RD Fanwood, NJ 07023 - Realtors welcome, buyer agent commission paid at closing! 3 Bedrooms, 2.5 Bathrooms Carbon Monoxide Detector, Dishwasher, Disposal, Kitchen Exhaust Fan, Microwave Oven, Range/Oven-Gas, Refrigerator, Self Cleaning Oven, Sump Pump, Eat-In Kitchen, Carpeting, Tile Floor, Wood Floor, Basement Level Rooms: Laundry Room, Rec. Room, Storage Room, Workshop, First Level Rooms: Dining Room, Family Room, Foyer, Kitchen, Living Room, Powder Room, Second Level Rooms: 3 Bedrooms, Bath Main, Bath(s) Other, Master Bath Features: Stall Shower, Second Bedroom is: 14x12, Third Bedroom is: 12x10 Deck, Outbuilding(s), Privacy Fence, Storage Shed, Storm Window(s), Thermal Windows/Doors, Underground L...
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By Jane Nicastro-Disch Warren NJ, NJ Estates Real Estate Group of Weichert Realtors
(Weichert Realtors)
Efforts to train Arizonans for jobs in emerging renewable-energy industries will get a boost from a $4.8 million federal job-training grant announced Wednesday by the U.S. Department of Labor. The grant - part of $100 million in federal stimulus funding nationwide - was awarded to the Austin, Texas, Electrical Joint Apprenticeship Training Committee in part to provide immediate training for solar power plants under development in Texas.   The grant also will fund "capacity-building" efforts - consisting mainly of training for instructors - in Arizona, Oklahoma, Kansas, New Mexico and Texas. Gilbert Ferrales, training director for the Austin training committee, said application details for the "train-the-trainer" part of the grant work will be released later through local Workforce Inves...
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By Jane Nicastro-Disch Warren NJ, NJ Estates Real Estate Group of Weichert Realtors
(Weichert Realtors)
Minority leader Rep. John Boehner (R-Ohio) and other GOP members have argued that the Democrats' health care proposal, which was passed by the House of Representatives on November 7, would place a costly burden on taxpayers and cause the national debt to balloon to record levels.   The Democrats' position is, "health care reform will take pressure off of consumers and businesses by reigning in spiraling medical costs and making sure every American is covered by an affordable insurance plan," will bring little benefit to our economy. The GOP are supporters argued that high-income tax cuts would benefit everybody because they would unleash investment that would spark widespread economic prosperity. Over the upcoming decade (2010-2019), the costs of the health care proposals approved by th...
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By Jane Nicastro-Disch Warren NJ, NJ Estates Real Estate Group of Weichert Realtors
(Weichert Realtors)
RESIDENTIAL SITE IMPROVEMENT STANDARDS Summary of 2009 RSIS Changes (pdf 32k) The following is a listing of amendments to the Residential Site Improvement Standards, N.J.A.C. 5:21. The Notice of Adoption of these amendments appeared in the New Jersey Register on June 15, 2009. (Additions to the text of the rule are shown in boldface and underlined. Deletions are indicated in brackets.) The full text of the Residential Site Improvement Standards may be found on the Department's website at http://www.state.nj.us/dca/codes/nj-rsis/index.shtml. Read more: http://www.state.nj.us/dca/codes/nj-rsis/summary_adop_changes6_15_09.pdf All real estate agents should know how to use this information. Paul Stillwaggon, For All Your Real Estate Needs Contact New Jersey EstatesReal Estate Group E-mail: n...
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By Jane Nicastro-Disch Warren NJ, NJ Estates Real Estate Group of Weichert Realtors
(Weichert Realtors)
Buying Distressed Notes I overheard a conversation recently while circulating at a commercial real estate networking event in Los Angeles. The person speaking said they were buying distressed loans (promissory notes) at significant discounts from commercial banks. The loans were already in foreclosure, and the person speaking (buyer) wanted to buy the notes now so that they would end up with the actual real estate by completing the foreclosure. Buying Notes Through a 1031 Exchange She indicated that she would like to sell certain real estate that she already owns through a 1031 exchange, and then acquire the promissory notes from the commercial bank as her like-kind replacement property to complete her 1031 tax deferred exchange transaction. She indicated that she had asked a couple of ...
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By Jane Nicastro-Disch Warren NJ, NJ Estates Real Estate Group of Weichert Realtors
(Weichert Realtors)
In "Salary Survey for Job: Real Estate Agent (United States)" is Salary and Commission used interchangeably? See, "Salary Survey for People with Jobs in Real Estate / Realtors / Property (United States)" http://www.payscale.com/research/US/People_with_Jobs_in_Real_Estate_%2F_Realtors_%2F_Property/Salary Are any Agents receiving Wages and Benefits? To the best of my knowledge, all Agents in my office are on 100% commission. Paul Stillwaggon, For All Your Real Estate Needs Contact New Jersey EstatesReal Estate Group E-mail: njestates@gmail.comWeb: http://www.newjerseyestates.net908-561-5492 (Paul S) 908-310-1358 (Cell) NJ Estates Real Estate GroupWeichert Realtors908-561-549255 Stirling Road, Watchung, N.J. 07069 Equal Housing Opportunity Current Listings Info Luxury New Homes Custom Buil...
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By Jane Nicastro-Disch Warren NJ, NJ Estates Real Estate Group of Weichert Realtors
(Weichert Realtors)
Have you ever needed facts but couldn't put your hands on them?     Have a look at this site: http://quickfacts.census.gov/qfd/states/34000lk.html I found it to be very user friendly. Also, if you are in need of this type of information for another State simply click on the "Select a States" and the information for States and Counties will be readily accessible. Paul Stillwaggon, For All Your Real Estate Needs Contact New Jersey EstatesReal Estate Group E-mail: njestates@gmail.comWeb: http://www.newjerseyestates.net908-561-5492 (Paul S) 908-310-1358 (Cell) NJ Estates Real Estate GroupWeichert Realtors908-561-549255 Stirling Road, Watchung, N.J. 07069 Equal Housing Opportunity   Current Listings Info Luxury New Homes Custom Build A New Home Land & Building LotsNew Jersey EstatesAll New J...
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