Basking Ridge, NJ Real Estate News

By Judith Jensen
(Weichert, Realtors®, Basking Ridge, NJ)
Someone mentioned to me at the Association meeting that it would be great if we could share creative home improvements we have made to our condo/townhomes (thank you to that person!).  I will share one of mine and if you have one of your own (or several) please feel free to comment below or email me directly and I will post a blog about it.The first property I owned in Society Hill was a condo on Baldwin Court.  The first change I felt I needed to make was to remove the plastic covering over the florescent tube lighting over the kitchen cabinets.  The plastic was very yellowed and was casting a weird yellow glow in the kitchen.  I also don't like florescent lighting, so this is what I did.  First I pulled off the plastic covering which was very easy to do.  Then I had an electrician com...
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By Judith Jensen
(Weichert, Realtors®, Basking Ridge, NJ)
Hi Everyone - If you are here, then you found your way to the Society Hill Blog! Welcome! Please check back often...I hope to make this blog not only informative, but interesting, entertaining, and a great place to share just about anything and everything relating to Society Hill I. Okay and now for last night’s meeting.....the quorum was met and the results of the election for the new board members for 2008 are as follows: Sandy Shaffer Jeff Steinberg Scott Dreitlein Congratulations to the new members and thanks to everyone for casting your vote!
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By Judith Jensen
(Weichert, Realtors®, Basking Ridge, NJ)
Welcome to the first blog about Society Hill @ Bernards I.  I decided to write this blog because, as a owner of a Society Hill property since 1992, I thought it would be great to have a place for people to go to get up-to-date information about what's happening in our community.  I know I have questions from time to time....like "What the heck happened to the Society Hill sign?"                So check back often if you want to be kept abreast of of all the newsworthy, interesting happenings of Society Hill I.  I will see some of you at the next Association meeting on January 24th, where I hope to get more details about what happened to the sign! I welcome your comments!***Update (6:20 am 1/25/08) - I am still waiting to hear the results of last night's election of new board members.  A...
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By Paul F. Stillwaggon Warren NJ, NJ Estates Real Estate Group, Weichert Realtors
(Weichert Realtors)
                                                                                                            Bernards Township New Jersey          [Basking Ridge]Bernards Township is rich in the traditions of the early years of American history. In 1760, George III of Great Britain established its predecessor called Bernardston Township. At the time of the American Revolution, as many as 100 area men responded to the call to join the militia. In December 1776, Continental Army General Charles Lee, second in command to George Washington, was captured by the British here.Lord Stirling led the New Jersey Militia and was a Brigadier General in the Continental Army. He led troops in battle on Long Island, and in the battles of Trenton, Brandywine, Germantown and Monmouth. General Information...
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By Richard Pilla
(United Sales Associates Realty, Inc. RJ Pilla, ABR, CRS, GRI)
Basking Ridge / Bedminster New Jersey Town homes / Condos and other real estate for sale or rent Somerset County New Jersey Town homes / Condos and other real estate for sale or rent in Basking Ridge, Bedminster and other areas.Town Homes, Condos and other real estate for sale or rent.  All price ranges.Richard J. Pilla, Real Estate Broker, CRS, GRI is celebrating 15 years in real estate sales (1993 - 2008).U.S.A. Realty is celebrating 10 years of real estate brokerage services (1998 - 2008). "Our Buyers and Sellers Get... What others don't"Call us today for all your real estate needs and relocation / referral services.Tel: 845-369-3858Richard J. Pilla, CRS, GRIUnited Sales Associates Realty, Inc.New York & New JerseyLicensed Real Estate Broker
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By Paul F. Stillwaggon Warren NJ, NJ Estates Real Estate Group, Weichert Realtors
(Weichert Realtors)
  TownPlace of WorshipAddressPhoneBASKING RIDGE Bishop James United Methodist Church22 S Finley Ave,Basking Ridge, NJ 07920(908) 766-1108Congregation B'Nai Israel15 Lenape Ct,Basking Ridge, NJ 07920(908) 204-1412Covenant Chapel-Reformed Church127 W Oak St,Basking Ridge, NJ 07920(908) 766-6174Evangelical Fellowship Chapel3575 Valley Rd,Basking Ridge, NJ 07920(908) 647-1979Holy Cross Lutheran Church127 Juniper Way,Basking Ridge, NJ 07920(908) 766-1568Millington Baptist Church520 King George Rd,Basking Ridge, NJ 07920(908) 647-0594Presbyterian Church1 E Oak St,Basking Ridge, NJ 07920(908) 766-1616Saint James Religious Education200 S Finley Ave,Basking Ridge, NJ 07920(908) 766-1227Saint James Roman Catholic Church184 S Finley Ave,Basking Ridge, NJ 07920(908) 766-0888Saint Mark's Episcopal C...
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By Adrienne Francis
(Keller Williams Towne Square Realty)
 Home Design Trends for 2007:  The Good, the Bad and the StrangeI love my job. Not only because I enjoy helping buyers find their dream homes and helping sellers find the right buyers, but I get a kick out of seeing what fabulous and creative things people do in their homes as well as trends in new home construction. I thought you would enjoy hearing about the great design ideas in some of the luxury homes of Morristown, Basking Ridge, Harding, Bernardsville and the neighboring communities. Below is a list of What's Hot and What's Not in the beautiful counties of Morris and Somerset, New Jersey.WHAT'S IN - Dedicated his and her spaces. A little solitude is just the ticket for those of you who love your significant other but occasionally want some alone time in a personal space to read, ...
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By Paul F. Stillwaggon Warren NJ, NJ Estates Real Estate Group, Weichert Realtors
(Weichert Realtors)
        Bernards Township          [Basking Ridge]Bernards Township is rich in the traditions of the early years of American history. In 1760, George III of Great Britain established its predecessor called Bernardston Township. At the time of the American Revolution, as many as 100 area men responded to the call to join the militia. In December 1776, Continental Army General Charles Lee, second in command to George Washington, was captured by the British here.Lord Stirling led the New Jersey Militia and was a Brigadier General in the Continental Army. He led troops in battle on Long Island, and in the battles of Trenton, Brandywine, Germantown and Monmouth.General Information Incorporated:Population:Area:County:Websites:176017,19923.2 Sq. Mi.Somersethttp://www.bernards.org/Somerset Coun...
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By Don Hansen
(C-21 New Beginnings Realty)
It's always better to be first into a market. While many areas in New Jersey and across the country are feeling the effects of too many homes begin available for sale , the Basking Ridge- Summit corridor may have finally turned the corner. As of July of this year the total homes for sale in the towns of Basking Ridge, Warren Township, Watchung, Bridgewater, Long Hill Township, Berkeley Heights, New Providence and Chatham was lower than the same time last year by about 4%. Okay, inventories of unsold homes are higher than they were two years ago however a shrinking supply of homes is a good sign that the market is stabilizing and that pricing is starting to level out. If the trend continues, who knows, we might even start to see the price of homes start to creep up. Come back to this blo...
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By Don Hansen
(C-21 New Beginnings Realty)
Many sellers today are thinking that if we hold on to our house the market will boom again in a couple of years. It may. However history shows that what has happened in the last five years in the Somerset Hills real estate market probably will not happen again for quite some time.The last time the market had a run- up in values like that was almost twenty years ago between 1985-1988. Much of that vibrant market was caused by pent up housing ownership demands caused by the high interest rates of the late 1970's and the early 1980's. The stock market correction of 1987 effectively took that market down. In fact prices didn't recover to their 1987 peaks until late 1992 to early 1993. This last boom market was fueled by low interest rates, pentup housing demand especially from new citizens ...
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By Don Hansen
(C-21 New Beginnings Realty)
The spring market is here though it is not the market we have come to know for the last few years. Houses are taking longer to sell, there are less showings and the interest rates are higher(up in the last week a 1/2%) so the statistics you will see in the media several months from now will not be glowing. That's ok. The market  has not now shown signs of collapsing, the inventory of unsold homes seems to have crested and there are still buyers looking for homes. If you are looking for a home be patient but not too patient. If you see a home that seems to be a good value, it probably is  and it will probably be receiving offers quickly. Remember there are other buyers looking for good values. If you are a seller, do everything in your power to make the house show as nice as you can (don...
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By Don Hansen
(C-21 New Beginnings Realty)
The real estate market is feeling the effects of the changes in the mortgage market as well as the continued(though somewhat reduced) media message of a terrible real estate market. Is the market humming along? No. Is it that no homes are selling? No. The truth lies as usual somewhere in between. Houses priced at 2005 levels are selling quickly and in certain cases with multiple offers. This is happening in the condo market and the highend luxury market. What are the 2005 levels? Probably about 5-7 percent below the high water mark set in 2006. Right now that seems to be the markets' adjustment.  Whether it remains that way only time will tell. Interest rates have crept up in the last couple of weeks thought still at historically low levels. Unsold inventory is still up from the 2005 le...
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By Don Hansen
(C-21 New Beginnings Realty)
All the recent news from the financial markets about the deterioration of the real estate market may not represent the local market. After all, real estate values, more than almost any investment, are determined predominately by where the house/condo/coop/lot is located. Currently some areas of the country like Las Vegas, Florida, and Southern California are seeing house values drop due to many factors; overbuilding, speculative investors, and default of sub prime loans. The Somerset Hills real estate market has not been affected nearly as much as the national market. Prices are relatively flat for the year to date. The biggest change is in the average time it takes to get properties sold. The days of multiple bids in the frist few days on the market are gone for now and replaced with a...
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