Madison, NJ Real Estate News

By For Sale By Owner Flat Fee MLS Listing For $395, Save 3-6% Commission
(RealmartRealty.com)
Home for Sale By Owner in Madison Boro, NJ 07940 - Flat Fee MLS Listing $395 25 Belmont Ave Madison Boro, NJ 07940 - Realtors welcome, buyer agent commission paid at closing !Please check listing details here at MLS# 2836375. 2 Bedrooms, 2 Bathrooms Nicely maintained colonial. Walk to NYC train station, downtown Madison, YMCA and library. Beautiful private yard with deck. Great schools. Great value for Madison 2006 Renovations: Condo alternative, new bathroom and entry hall, new hardwood floors in living room. If you are interested in this Home for Sale By Owner in Madison Boro, NJ 07940- Flat Fee MLS Listing $395, please call 1-888-362-6543, enter the MLS# 2836375. . You can make an appointment or ask any questions about the property. Realtors welcome, buyer commission is paid to any r...
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By Simon Westfall-Kwong, The Simon Westfall-Kwong Real Estate Group
(Keller Williams Realty, North Central New Jersey)
Where to get a great mani - pedi in Madison NJ Last week I received a Groupon offer for a Spa Manicure and Pedicure at Beneath the Surface in Madison, NJ.  The offer was terrific - $45 for both - and I needed a treat so I bought it right away!  Later, I found out I was one of over 500 people to do so!  It's Spring so I've been working non-stop and after many long days, frequent evenings and most weekend days spent working, I did not feel guilty taking a few hours this afternoon to take advantage of my treat.  My appointment was for 3pm and I felt delightfully decadent leaving my work for a little pampering.     I walked in to this lovely little day spa in the little alley off of Waverly Place - near the back parking lot, which is quite a convenient location!  There was soft music, a sup...
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By Simon Westfall-Kwong, The Simon Westfall-Kwong Real Estate Group
(Keller Williams Realty, North Central New Jersey)
Huge price reduction on 40 Dellwood Drive on The Hill in Madison NJ.     It's snowing again in Madison NJ and the price of this fantastic home for sale on 3/4 acre level property in, arguably, the top residential location in Madison is now only $1,800,000!  Compare this to anything else on the market or recently sold and you will know without a doubt that this is the very best buy in Madison today!     View the 40 Dellwood Virtual Tour or visit our open house this coming Sunday, March 27th from 1 to 4pm or contact Trish for a private showing.  201-960-2090.   Search our Garden State MLS    |    Home Valuation    |  Madison NJ Facebook Page
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By Simon Westfall-Kwong, The Simon Westfall-Kwong Real Estate Group
(Keller Williams Realty, North Central New Jersey)
This great town called Madison NJ is super-desirable and chock full of charm and vibrancy!  Homes here are prized, and many are period homes.  Here's how the real estate market fared in 2010.               What's my Madison NJ Home Worth?           Madison NJ Homes for Sale           Madison NJ Homes Sold in 2010    Madison homes sold in 2010:  150 Average list price of homes sold in Madison:  $766,115 Average sales price of homes sold in Madison:  $734,271 Sales price to list price ratio:  96% Median sales price of homes sold in Madison, NJ:  $581,000 Average days on market:  65 Days  
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By Robert Snyder, a.k.a. Bob the Broker, host of The Real Deal
(Silex Financial Group, Inc.)
For all you Foodies out there, this is a great charitable event.  The restaurants go all out and this year the Napa Valley Vintners Association will be attending. Attend the BEST Wine Tasting& Food Event of the Year! Taste of Madison 2011 10th AnniversaryJanuary 18, 20117:00 - 9:30 PMVIP Hour 6:00 - 7:00 PMThe Park Avenue Club184 Park AveFlorham Park, New Jersey www.parkavenueclub.com   Info Tel.: 973-377-7830  Gary's Wine & Marketplace and the Napa Valley Vintners Association will once again help sponsor the Taste of Madison. The 10th Anniversary event will be held at the Park Avenue Club and will feature an amazing group of Napa Valley winemakers from Shafer, Cliffe Lede, Schramsberg, ROY Estate, Saintsbury and more-pouring their own distinguished wines and showcasing the best of Napa...
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By Simon Westfall-Kwong, The Simon Westfall-Kwong Real Estate Group
(Keller Williams Realty, North Central New Jersey)
Madison Common Condos and Townhouses - Real estate market update Madison Common, in Madison NJ, is one of the most desirable townhouse communities in all of Morris County.  With easy proximity to Rt 24 and 287, access to a beautiful, vibrant downtown Village, and a fantastic and friendly community of just over 200 townhouses that are reasonably priced, this is an easy community to love and be a part of. The Madison Commons townhouses were built in the mid-1980's have great features: two stories with high ceilings to make it feel more like a home than a condo attached one car garage and private driveway 2 bedroom and 3 bedroom floor plans, all with 2.5 baths good sized outside patios or decks for your summer enjoyment many townhouses have full basements eat-in kitchens or with separate b...
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By Simon Westfall-Kwong, The Simon Westfall-Kwong Real Estate Group
(Keller Williams Realty, North Central New Jersey)
Madison NJ Homes for Sale Market Report   Madison NJ had a strong second quarter.  46 homes and condos sold during this period for a total of $35.54 million.  That's 48% stronger than 2nd quarter 2009 Madison home sales!   the average Madison home sales price was $775,091 vs the average list price of $808,464 Madison homes sold for an average of 96% of asking price, indicating that buyers and sellers were fairly close agreement on price and value Madison homes and condos averaged48  days on market the median sales price was $614,500 and median days on market only 30 Here is a complete list of all 46 Madison homes and condos sold in the second quarter 2010Address  -  Sales price - Days on market7 SAMSON AVE* 305,000 6660 BROOKLAKE RD* 241,000 27 17 ORCHARD STR. 368,000 158 43 BRITTIN ST*...
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By Simon Westfall-Kwong, The Simon Westfall-Kwong Real Estate Group
(Keller Williams Realty, North Central New Jersey)
  Real estate market update for Madison, Morris County, New Jersey During the month of May 2010, 10 homes closed escrow in Madison NJ.  This compares very favorably with 2009 when only 5 homes in Madison were sold! Average Madison NJ home sales price $737,700 at 96% of the list prices.  Median price: $526,250.  Average days on the market 62.             MADISON HOMES SOLD IN MAY 2010 BY ADDRESS ADDRESS    List Price   Sale Price   Days on Market 7  SAMSON AVE   $299,900      $305,000      66 43  BRITTIN ST    $410,000     $415,000     11 318  MAIN ST    $450,000     $435,000     30 2  Amelia Court      $525,000    $515,000    248 87  FAIRFAX CT     $525,000      $508,500    23 260  OXFORD CT    $565,000      $537,500     31 18  LEWIS DR     $729,900    $751,000     13 45  VALLEY RD     ...
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By Robert Snyder, a.k.a. Bob the Broker, host of The Real Deal
(Silex Financial Group, Inc.)
  Where: Poor Herbie's, 13 Waverly Pl, Madison, NJ 07940 Date: May 25, 2010 Time: 6:00pm-11:00pm Poor Herbie's is hosting a Happy Hour Fundraiser to benefit the Lance Armstrong Foundation (LAF) and Team LIVESTRONG.  The happy hour fundraiser is on May 25, 2010 from 6 to 11pm.  All tips that evening, as well as a portion of the bar proceeds, will be donated to the Livestrong Foundation.  LIVESTRONG encourages individuals to make a difference in the fight with cancer by fundraising to support the LAF (Lance Armstrong Foundation) and the 28 million people living with cancer worldwide. Poor Herbie's fundraising efforts are in support of Bob Snyder and Paul Newell of the Balanced Wellness Team (www.balancedwellness.org) that's participating in the 2010 Philly LIVESTRONG Challenge on August 2...
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By Simon Westfall-Kwong, The Simon Westfall-Kwong Real Estate Group
(Keller Williams Realty, North Central New Jersey)
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...
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By Simon Westfall-Kwong, The Simon Westfall-Kwong Real Estate Group
(Keller Williams Realty, North Central New Jersey)
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...
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By Simon Westfall-Kwong, The Simon Westfall-Kwong Real Estate Group
(Keller Williams Realty, North Central New Jersey)
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...
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By Simon Westfall-Kwong, The Simon Westfall-Kwong Real Estate Group
(Keller Williams Realty, North Central New Jersey)
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...
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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...
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By Simon Westfall-Kwong, The Simon Westfall-Kwong Real Estate Group
(Keller Williams Realty, North Central New Jersey)
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...
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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...
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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.
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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
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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
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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  
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