Chatham, NJ Real Estate News

By Simon Westfall-Kwong, The Simon Westfall-Kwong Real Estate Group
(Keller Williams Realty, North Central New Jersey)
Washington Section - 2014 Year End Sales Report - Chatham, NJ As the premier neighborhood in Chatham, the Washington Section encompasses both Chatham Borough and Chatham Township and offers close proximity to the charming and vibrant Downtown Village, NJ Transit Midtown Direct train service, schools and rec fields. Considered to be the most desirable neighborhood in Chatham, the prices match the desirability factor.  Home prices range from the just under $1 million to well over $2 million.  The streets are tree-lined and appealing to walkers and runners, in fact Washington Avenue is the only one-way street in Chatham with a wide shoulder for walkers and runners. Homes for sale tend to sell quickly in the Washington Section and below is a list of the neighborhood sales for the year.  Cle...
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By Simon Westfall-Kwong, The Simon Westfall-Kwong Real Estate Group
(Keller Williams Realty, North Central New Jersey)
Sutton Woods Condos  - 2014 Year End Sales Report - Chatham, NJ Sutton Woods condo sales in 2014 have been brisk!  In fact, 17 Sutton Woods condos were sold in 2014, with a very wide price spread, from  $565,000 as the highest sale price of the year for a rare and very much-in-demand Glenham model at 107 Riveredge (which incidentally was in original condition) and $200,000 the lowest price paid for a 1 bedroom Ashton at 189 Terrace Drive. Sutton Woods is a very desirable condominium community in Morris County, on the Summit border, allowing for easy access to Chatham, Summit, The Mall at Short Hills, NJ Transit Midtown Direct, world-class shopping, dining and yet a bucolic, idyllic setting. Bordered by a small park With hiking paths and the Passaic River,  a beautiful small pond to sit ...
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By Simon Westfall-Kwong, The Simon Westfall-Kwong Real Estate Group
(Keller Williams Realty, North Central New Jersey)
Washington Section, Chatham NJ: November 2014 Home Sales NJ Monthly ranked Chatham #11 in THE TOP 100 (NJ) TOWNS!  Among the various fantastic neighborhoods in Chatham,  The Washington Section is one of the premiere neighborhoods in town.   There are many reasons this neighborhood is so desirable, among them: proximity to the town center, restaurants, shops, services proximity to Washington Elementary (k-3), The Lafayette School (4-5), Chatham Middle School and Chatham High School are all within walking range  proximity to the NJ Transit Midtown Direct train to NYC the homes vary in size and there are options for every household Since March, 13 homes in the Washington Section have sold:   Address Style BR Baths Sale Price 56 Dellwood Avenue Colonial 5 4.1+ $2,700,000 69 Fairview Avenue...
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By Simon Westfall-Kwong, The Simon Westfall-Kwong Real Estate Group
(Keller Williams Realty, North Central New Jersey)
  Sutton Woods - October 2014 Condo Sales Report - Chatham, NJ This has been a strange year for Sutton Woods real estate so far.  There have been no large units sold since the beginning of the year - only 1-2 bedrooms models.  Currently there is a Glenham under contract and a Foster available, with another FOSTER coming on the market for sale in early November. Meanwhile, below is a list of homes sold in Sutton Woods, Chatham.  Do call for an updated list anytime.                                                                                                                                                                            Free Home Valuation Condos sold in Sutton Woods in 2014 Address Model Beds Baths Sale Price 125 Terrace Dr. Dorset 2 2 $467,000 127 Terrace Dr. Downes 2 2 $...
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By Simon Westfall-Kwong, The Simon Westfall-Kwong Real Estate Group
(Keller Williams Realty, North Central New Jersey)
MARKET UPDATE:  Home Sales in the Washington Section of Chatham, NJ  Since our last post back in March, we continue to see 2014 as a strong year for home sales in the prestigious Washington Section of Chatham, where the high demand for homes continues. Since March, the following sales have been completed:   Address Style Bed Baths Sale Price 56 Dellwood Avenue Colonial 5 4.2 $2,700,000 214 Washington Avenue Colonial 5 3.2 $2,150,000 39 Inwood Circle Colonial 5 3.1 $1,700,000 58 Fairview Avenue Colonial 5 3.2 $1,637,500 269 Washington Avenue Colonial 5 3.1 $1,560,000 114 Fairmount Avenue Victorian 5 3.2 $1,367,500 33 Oak Drive Cape Cod, Colonial 4 2 $1,192,500 33 Washington Avenue Colonial 4 3.1 $1,112,500 38 Broadview Terrace Cape Cod 4 2 $720,000 48 Fairmont Avenue Colonial 5 3.1 $710...
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By Simon Westfall-Kwong, The Simon Westfall-Kwong Real Estate Group
(Keller Williams Realty, North Central New Jersey)
  Sutton Woods 2014 Condo Sales Report - Chatham, NJ Strong home sales in Chatham NJ continued in 2014, especially in the Sutton Woods condo community with 5 condos sold so far this year. The condos sold ranged in price from a 1 bedroom, 1 bath Ashton model for $200,000 (which was a short sale) to a 2 bedroom, 2 bath Dorset model for $467,000.                                                                                                                                                                               Free Home Valuation Below are additional details about the condos sold in Sutton Woods in 2014. Address Model Beds Baths Sale Price 144 Riveredge Dr. Cabot 2 2 $410,000 125 Terrace Dr. Dorset 2 2 $467,000 127 Terrace Dr. Downes 2 2 $448,000 136 Terrace Dr. Chadwick 1 2 $379,0...
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By Simon Westfall-Kwong, The Simon Westfall-Kwong Real Estate Group
(Keller Williams Realty, North Central New Jersey)
Last year's home sales in the Washington Section of Chatham, NJ were brisk and this year is shaping up to be just like that! Demand for homes in the Washington Section has always been high because of our highly acclaimed Chatham schools, proximity to New York City, and the convenience of the NJ Transit Midtown Direct line. Home prices range from mid- $500's for a two-bedroom ranch-style house to $2,575,000 for a six-bedroom Victorian on the prestigious Fairmount Row with sweeping views of the river valley.  Most homes sold in Chatham's Washington Section are in the $1-1.5 million range and have 4-5 bedrooms. Click here to learn more about Chatham Boro and Chatham Township.See the list below for the complete sales in the area from 2013 and contact Trish for the most up-to-date sales info...
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By Simon Westfall-Kwong, The Simon Westfall-Kwong Real Estate Group
(Keller Williams Realty, North Central New Jersey)
Sutton Woods 2013 Condo Sales Report - Chatham, NJ     Sutton Woods Condos in Chatham NJ offer a bucolic setting on the Passaic River Park, convenient location in Chatham Township, bordering Summit NJ (only about 2 miles to NJ Transit Midtown Direct) and a carefree lifestyle at reasonable prices. The recent sales below show home model names which you can view the floor plans of on our special website SUTTON WOODS FLOOR PLANS. At our SUTTON WOODS WEBSITE you can learn more about this wonderful community or call 201-960-2090 for more information. Click here for a Free Home Valuation  In 2013 there were 11 homes sold in Sutton Woods, ranging in price from $180,000 to $519,000. Below are additional details about each condo/townhouse sold.           Address Model Bed Baths Sale Price 267 Riv...
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By ZEBAIDA GROUP @Keller Williams Realty
(Keller Williams)
Homes Near Chatham High School and Chatham Middle School Chatham High School - 255 Lafayette Ave, Chatham, NJChatham Middle School - 480 Main St, Chatham, NJ Find all for sale Homes Near Chatham Middle School and Chatham High School in Chatham, NJ. Chatham Middle School is about a mile from Chatham High School, so the homes you will see will be in the same vicinity. Selling a home near Chatham Middle School and Chatham High School? Request a custom evaluation for your Home near Chatham Middle School and Chatham High School. Local parents and students praise the communication efforts made between home and school. Excellent Schools Chatham's school district is considered one of the best in the state, along with being one of the top public schools in the nation. Chatham Middle School has a...
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By Simon Westfall-Kwong, The Simon Westfall-Kwong Real Estate Group
(Keller Williams Realty, North Central New Jersey)
Washington Section of Chatham Boro NJ - 2013 Home Sales Report    Chatham Boro is one of New Jersey's most charming, convenient and desirable communities. It's easy to see why with neighborhood amenities including: Quiet, beautiful tree-lined streets Close proximity to the downtown village center, boasting shopping and extensive restaurant choices for every palate Close to Washington Elementary School, the Lafayette School and Chatham High SchoolChatham NJ Schools and Community Info Easy access to NJ Transit MidTown Direct Train Line to New York, Newark and Jersey City Convenient to three major hospitals: Overlook in Summit, Morristown and St. Barnabus in Livingston          Free Home ValuationThe Washington Section boasts some of Chatham Boroughs most beautiful propeties and homes. The...
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By Simon Westfall-Kwong, The Simon Westfall-Kwong Real Estate Group
(Keller Williams Realty, North Central New Jersey)
JUST SOLD in Sutton Woods, 267 Riveredge Drive, Chatham NJ A rare Glenham model condo just sold in Sutton Woods, Chatham NJ - this condo never made it to the MLS, it was listed by condo specialist Trish Giassa and sold to one of her clients before it hit the market. 267 Riveredge Drive, Chatham NJ  07928 Beautifully updated 3 bedroom condominium in prime location with cathedral ceiling, loft, gas fireplace, and wall of windows overlooking the woods and Passaic River.  Kitchen and all 3 full baths were updated as well.  The ultimate private location and impeccable condition.     To receive automatic emails with condo and townhouse listings in Sutton Woods, RoseValle, Madison Commons, the Moore Estate, Rose Arbor and others, Sign up for listings email here. Thinking of selling? We have se...
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By Simon Westfall-Kwong, The Simon Westfall-Kwong Real Estate Group
(Keller Williams Realty, North Central New Jersey)
Chatham NJ October 2013 Real Estate Market Update Read below for up to date information on homes For Sale, Under Contract & Sold in Chatham Boro and Chatham Township NJ. Market Report: In October 2013, 36 homes were listed For Sale in Chatham Boro and Chatham Township NJ.The highest priced new listing is a 9 bedroom new construction home on Fairmount Avenue in the Township In October 2013, 27 homes went Under Contract. 11% of these homes went from Active to Under Contract in under 10 days!  19 homes sold in the Chathams NJ in the month of October 2013. The highest price was a Wickham Woods Colonial sold $50,000 over asking price for $1,345,000.The average sale price was $737,487, with homes selling for 97% of their asking price! The Chatham market is HOT! Year to date, there have been 2...
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By Simon Westfall-Kwong, The Simon Westfall-Kwong Real Estate Group
(Keller Williams Realty, North Central New Jersey)
Chatham, NJ Happenings : September 2013   Chatham Boro Health & Wellness Fair September 14th 8am - 12noon at the train station Chatham Area Fine Arts & Crafts Festival on Sunday, September 15 at the train station from 10am - 5pm Municipal employees of Chatham Borough will be collecting non-perishable groceries to assist local food pantries September 1 – September 30, 2013  Chatham Athletic Foundations “Septemberfest” will be held Saturday, September 28th. Organization works to improve K-8 athletics in the Chathams Farmers Market every Saturday from 8am - 1pm at the Boro Train Station   Last month in Chatham Real Estate:  August 2013  23 homes came on the market For Sale in Chatham, NJ Lowest price : $289,900 (1 bedroom Condo at 26E Heritage Drve) Highest price: $2,880,000 (7 bedroom New...
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By Simon Westfall-Kwong, The Simon Westfall-Kwong Real Estate Group
(Keller Williams Realty, North Central New Jersey)
What Everyone Should Know About... Chatham Boro NJ Real Estate Why is Chatham Boro NJ such a desirable town to live in? Maybe it's the top rated schools or perhaps the city-meets-country living, or the close proximity to world-class shopping and healthcare.   The friendliness and charming village center?  Chatham NJ is all this and more. But what's been going on in the Chatham Boro real estate market in 2013? Continue reading to find out...  Market Report: In June 2012 there were 60 homes for sale in Chatham Boro, and in June 2013 there were 59 homes for sale One year ago the average sale price of homes sold in Chatham Boro NJ was $660,987  This year the average sale price of Chatham homes has climbed 15% to $780,251  Year to date, there have been 81 homes sold in Chatham Boro NJ, rangi...
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By Simon Westfall-Kwong, The Simon Westfall-Kwong Real Estate Group
(Keller Williams Realty, North Central New Jersey)
Sutton Woods, Chatham, NJ - Real Estate Market Update: June 2013 Sutton Woods located in Chatham, NJ continues to have a hot market, as seen by the homes currently For Sale, Under Contract & Recent Sales. Currently there are 3 condos for sale in Sutton Woods; 1 is under contract. 10 homes in Sutton Woods, Chatham NJ have sold so far this year, a jump from the 2 sales in the same time period of last year. Recent sales of condos in Sutton Woods, Chatham NJ include:229 Riveredge Drive, an Alden model with 1 bedroom, 1 bath, sold (in only 3 days) for $228,000171 Terrace Drive, an Auden model with 1 bedroom, 1 bath, sold for $229,000228 Riveredge Drive, a Cabot model with 2 bedrooms, 2 baths, sold for $392,500 105 Terrace Drive, a Downes model with 2 bedrooms, 2 baths, sold for $422,500 See ...
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By Lucy E. Thompson
(Keller Williams Realty Premier Properties)
Restaurant Serenade in Chatham, NJ is one of those very special places for really special celebrations!  With meticulous service, a very tempting menu and a wonderful selection of wines, one can always rely on it to bring out the best in an occasion.  It is several years since I was last there and my visit this week was to celebrate dinner for someone's birthday.  It is conveniently located just a few minutes from my home in Summit, NJ in Chatham Borough, the next door town.  Everything there runs seamlessly and the attention from staff is extensive but not intrusive, something that I value highly.  I think that one of their secrets is maintaining a small, but delicious, menu using only the freshest ingredients, all beautifully presented with emphasis on the season.  We started off with...
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By Simon Westfall-Kwong, The Simon Westfall-Kwong Real Estate Group
(Keller Williams Realty, North Central New Jersey)
Chatham Borough NJ 2012 Real Estate Sales & Market Recap Chatham Boro is a bucolic little town with about 8,000 happy households on the NJ Transit Midtown Direct Train Line to New York and NJ's Gold Coast offering a hip suburban lifestyle, quaint downtown village and top-rated schools! Chatham NJ is a desirable community for those who value community. Homes for sale in Chatham NJ sell relatively briskly.      81 homes sold in Chatham NJ in 2012Average sale price of Chatham homes sold in 2012 $649,285Acerage sale to list price ratio for Chatham homes sold in 2012 was 97.1%Average days on market for Chatham homes sold in 2012 was 69 days   Are you interested in buying a home in the Chatham NJ area?  I am local - I live and work here and know the neighborhoods and homes of Chatham NJ intim...
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By Simon Westfall-Kwong, The Simon Westfall-Kwong Real Estate Group
(Keller Williams Realty, North Central New Jersey)
Sutton Woods Chatham NJ - Hurricane Sandy Report Hurricane Sandy has been devastating for the NY Tri-State area but we have been very fortunate at Sutton Woods in Chatham NJ to have had gotten through this terrible event with little damage. We were without electricity for 10 days.  That means no heat, hot water, or TV.  It was a bit isolating and certainly very quiet.  A few trees are down but travel throughout Sutton Woods is a breeze, not like the rest of town or even nearby towns where trees are lying in streets and yards all over the place.  All in all, we were very lucky at Sutton Woods. Then we had about 8" of snow right after - our streets and sidewalks and driveways in Sutton Woods were cleared right away!       If you have any questions, please feel welcome to reach out to me v...
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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 The Chathams, NJ - November 2, 2012 Real estate sales have been steadily improving - although only by smidgeons - in New Jersey.  Chatham Boro currently has only 40 homes for sale, which if you consider that 71 homes have sold so far this year, it is only a little bit more than a 6 month supply. The average sale price of homes in Chatham Boro is $644,585 Average days on market in Chatham Boro NJ is 68 days Chatham Township, NJ Homes for sale and sold report Currently there are 90 homes for sale in Chatham Township, and 119 homes have sold to date this year.  Also, north of a 6 month supply.  This translates into a buyer's market for both Chathams, though inventory at almost every price level is low. The average sales price of homes in Chatham Twp is $884,36...
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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 Rosevalle Townhouses in Chatham, NJRosevalle, in Chatham NJ is an elite townhouse community offering luxurious 3 and 4 bedroom homes ranging in size from 3300 square feet to over 4100 square feet.  Open floor plans, gourmet kitchens, and top quality workmanship are what make these homes attractive to the sophisticated buyer.  Some models have first floor master bedroom suites.  There are five beautiful floor plans to choose from. Things are picking up for Spring 2012, 1 townhouse has sold and there are 5 under contract.  There are currently 8 townhomes for sale in Rosevalle.  All are 3 bedroom homes with an average price of about $1.2 million. The Rosevalle Community has great amenities that include a superb clubhouse with fitness center, outdoor pool and w...
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