Market Report Franklin Borough NJ May 2010 During The month of May 2010 there were 5 newly marketed properties in the Borough of Franklin, NJ with an average list price of $198,860.00. Five properties went under contract with an average asking price of $155,512.00 with an average on days of only 69 days! Six properties Closed title with an average asking price of $166,866.00 and an average closed price of $163,333.00 and the average days on the market were 90 days! Good news is that there were only three properties that expired for the month. The reason this is good is that it shows that there is a strong confidence by sellers that their house will sell. Buyers are always looking to move into the area due to its closness of public transportation, highways, and loads of shopping. Employm... 06/02/2010

On Wednesday, a Franklin NJ Ranch Home for Sale sold for 95% of its list price (the average list-to-sale price ratio for Sussex County NJ real estate). From the date of listing, it was just 56 days to closing. We had 3 offers within the first 12 days, so this listing attracted great interest! The sale price was $171,000 and there were no seller-concessions. The new owners had visited my Open House and simply had to have this home for sale in Franklin. Wonderful people and well qualified buyers, they had interacted with 6 other real estate agents before thay met me! I am 007! Even though I represented both sides (a dual-disclosed agent in NJ lingo), both the sellers and buyers knew their interests were well served every step of the way. Sure, there were challenges. The sellers were in Fl... 09/29/2009

Just about 2 months ago my Sussex County NJ real estate business exploded and I've been juggling non-stop. For example, with homes for sale in Franklin NJ and in Highland Lakes NJ, I had offers within two weeks of listing them. Both have absentee owners, so I'm going the extra mile to ensure the transactions close smoothly. Both are rapid closings. My hubby Chip Mandell (a licensed real estate agent who does NOT handle residential) has been pinch hitting. Chip has been awaiting town inspectors, meeting well testers, installing smoke detectors, etc. A specialist in land sales, Chip helped me prep for a recent listing appointment; I requested that he accompany me. The owner was most impressed with our complimentary expertise. Too, Chip toured the farm taking outside pictures while I cover... 09/12/2009

Open Houses at homes for sale in Sussex County NJ have averaged 2.5 parties for quite some time. A party might be 1 person, a couple or family of 5 - one potential "home buying" unit. Our Opens are for 4 hours and I mine quite seriously. Lots of advance publicity, newspaper ad with a photo, tons of signs with balloons. No rhyme or reason - sometimes I still get skunked. Yep, no visitors at all. Discouraging for both me and the owners of the home for sale in Sussex County.  At one of my very initial Open Houses in Sussex County (Branchville to be precise), I had a woman visit who was quite interested. We looked at many other homes before she purchased the one where we met.  This lovely lady is a local real estate attorney and we've referred business to one another ever since.  In fact, s... 08/21/2009

Update August 21 - In record time for most Sussex County NJ real estate, the home for sale in Franklin had completed Attorney Review and was Under Contract on August 14.  The buyers were guests at my Open House - about which I'll be posting soon! Clean out was just completed August 6 on this Franklin NJ ranch home for sale. Even so, interest in this well-priced 2 - 3 bedroom Sussex County real estate has been very high. On more than 1/2 acre of land, it has public sewer and is central to major commuter roads.   I (Irene Kennedy) will host the first Open House will be Sunday, August 9, from 1:00 - 5:00 p.m., 19 Scott Road, Franklin - Sussex County NJ.   Priced as attractively as a bank-owned foreclosure, potential buyers of this Franklin ranch at 19 Scott Road - off North Church Road - f... 08/06/2009

During the month of May 2009 there were ten newly listed properties in Franklin Borough, NJ with an average asking price of $210,350.00 and as of this date these properties were on the market for an average of 21 days. Nine properties went under contract having passed the Attorney Review process with an average asking price of $188,166.00 these properties were on the market for an average of 85 days! ("If you price it right, they will come") Four properties transferred title With an average asking price of $73,200.00 and an average SOLD price of $70,500.00 these properties had been on the market for an average of 156 days. If you own a property in Franklin Boro., NJ and would like to know its value in todays market, please call Gary Rocks at the number listed. 06/01/2009

AREA MARKET REPORT FOR FRANKLIN BORO., NJ FEBRUARY 2008 INFORMATION TAKEN FROM THE GARDEN STATE MLS AND COMPILED BY; GARY J ROCKS,WERNER REALTY OF SUSSEX COUNTY. During the month of February 2008 there were 11 newly marketed properties with an average asking price of $243,918.00. A great area for all types of buyers and attracts many first time buyers as well. Two properties went under contract with an average asking price of$254,950.00 these properties were on the market for 141 days on average. Two properties transfer title with an average asking price of $237,450.00 and an actual closed price of $227,750.00 these properties were on the market for an average of 162 days. The average list to sold ratio equals 95.9% Four properties failed to sell they had an average asking price of $347... 03/13/2008

AREA MARKET REPORT FOR FRANKLIN, NJ FEBRUARY 2008INFORMATION GATHERED FROM THE GARDEN STATE MULTIPLE LISTING SERVICE AND COMPILED BY; GARY J ROCKSDuring the month of February 2008 there were twelve newly marketed properties with an average price of $241,425.00. The lowest priced property is a manufactured home with an asking price of $59,900.00. The highest priced property is a Raised Ranch with an asking price of $385,000.00.Two properties went under contract with an average asking price of $254,950.00 and these properties were on the market for an average of 141 days.Two properties Transfered Title with an average asking price of $237,450.00 and an actual closed average of $227,750.00 these properties had been on the market for an average of 162 days.Four properties expired from the m... 03/03/2008

FRANKLIN BOROUGH NEW JERSEY AREA MARKET REPORT JANUARY 2008During the month of January 2008 there were 18 newly marketed properties with an average asking price of $256,965.00. The lowest priced home is in a Manufactured Home Park  a 4 room ranch with 2 bedrooms and the asking price is $51,900.00. the highest priced property is a Colonial home with 8 rooms 3 bedrooms and 2.2 baths with a six car garage and the asking price is $624,999.00.Five properties went under contract with an average asking price of $230,369.00 and had been on the market for 138 days.Four properties were reported as closed with an average asking price of $232,200.00 and and average actual sold price of $218,875.00.  these properties had been on the market for an average of 218 days and received on average 94.26% of... 02/05/2008

AREA MARKET REPORT FOR FRANKLIN BORO, NJ OCTOBER 2007During the month of October 2007 there were 15 newly market properties in Franklin Boro, NJ with an average asking price of $221,532.00. This is an excellent town for the first time buyer.Two properties were reported as under contract with an average asking price of $249,900 and they were on the market for an average of 95 days.Three properties transfered title with an average asking price of $275,966.00 and actual SOLD price $262,000.00 and they were on the market for an average of 175 days.Two properties were reported as withdrawn with an average asking price of $274,450.00 and an average of 147 days on the market.Five properties Expired from the market with an average asking price of $235,460.00 and they were on the market for an a... 11/10/2007

Area Market Report For Franklin Borough, NJ September 2007 Information supplied by Gary J Rocks, Broker Associate, WERNER REALTY OF Sussex County. Franklin Boro Marketing Expert. During the month of September 2007 there were 10 newly marketed properties on Franklin Boro, NJ. with an average asking price of $244,449.00 the lowest priced property is asking 465,000.00 a single wide manufactured home with 6 rooms and 3 bedrooms. Great for 1st. Timers or Retiree's. the highest priced property is asking $399,900.00a ranch style home with 7 rooms 3 bedrooms and 1 bath built in 1930. on approximately .50 acre's. One property is under contract for the month, a colonial home with 6 rooms 3 bedrooms and 1.5 baths, with an asking price of $220,500.00 and was on the market for an average of 44 days!... 10/02/2007

AREA MARKET REPORT FOR FRANKLIN BORO; NJ AUGUST 2007 Information Compiled by; Gary J Rocks, Werner Realty of Sussex County During the month of August 2007 there were 8 newly marketed properties with an average asking price of $283,750.00. The lowest priced property is asking $40,000.00 a Manufactured Home with 4 rooms 2 bedrooms and 1 bath. The most expensive home is asking $525,000.00 a Raised Ranch with 12 rooms 4 bedrooms and 3 baths on a 100 x 391' lot. Eight properties were reported as "UC" under contract with an average asking price of $229,587.00 and had been on the market for an average of 108 days. Ten homes were reported as SOLD with an average asking price of $218,060.00 and an average actual closed price of $211,142.00 this represents an impressive Listing to Sold Ratio of 9... 09/17/2007

FRANKLIN NEW JERSEY AREA MARKET REPORT FOR JULY 2007During this time period there were 11 new properties listed with an average asking price of $305,799.00 the least expensive property is a Colonial home with eight rooms three bedrooms and two baths on .27 acres of property and is asking $169,000.00. The most expensive property is a ranch home on 7.92 acres of property and is asking $774,900.00. Six properties went Under Contract with an average list price of $239,800.00. With two properties still remaining in attorney review.Two properties closed title with an average asking price of $234,000.00 and an average sold or closed price of $229,000.00. The average days on market was 112 days!Five properties were listed as Expired meaning the agreements between the Seller an their agent had e... 08/01/2007

                         Franklin New Jersey 07416                   Area Market Reports for the Past 30 days!      Report data for the dates of 06/01/2007-06/29/2007Please note that the 30th day falls on a Saturday and generally speaking attorneys and title companies do not work on Saturday for closings to take place/During the above term there were ten homes listed for sale. The least expensive was listed at $175,000.00 and is a Colonial Style home with three bedrooms and one bath with no garage or basement. The property size is approximately 50 x 151'.The most expensive house listed was for $399,000.00 A Custom Colonial home renovated in 2007 on approximately .34 of an acre. The average list price of all the homes is $273,260.00 and they have an average days on the market of 18.One u... 06/30/2007

                       New Jersey Black Bear'sEvery now and then I get questioned do you ever see any Black Bears in New Jersey?  And my response is always something like all the time. They are in our neighborhoods and in our back yards. They are a beautiful animal to watch. They are so graceful and non threatening as long as you leave them alone.Recently, on the local Eyewitness news the showed a bear who was killed because apparently she had gotten into someones house looking for food. The Bear was up in a tree with three of her cubs.Sorry, even though I saw the Bear I refused to take its picture.This past Saturday, I found information on Black Bear's from the New Jersey Division of Fish and Wildlife stuffed inside my front door. I guess the people from the city who move into the area... 06/26/2007

                    Franklin New Jersey Ranks #3              County Wide in Recent Market StudyDuring a recent market study from 05/07/2007 through 06/07/2007 Franklin New Jersey ranked # 3 County Wide and just hedge out over Sparta New Jersey.During the study the three categories were number of homes Just Listed, Number of Homes Just Sold and Number of homes Just Under Contract.Franklin had three properties that went under contract during the period of time and oddly enough out of all the towns tested only those that placed, had only homes that were under contract.The results are as follows:The lowest priced home had an asking price of $125,000.00The Highest priced home had an asking price of $259,000.00The average asking price was $207,666.00 when under contract with an average days ... 06/07/2007

Time for the Kids!When it comes to activities for kids there is always plenty of things to do in New Jersey with your kids. Pictured here is my two twin girls, this past Sunday they went fishing for the first time. Each of them caught two fish and we all had a blast, especially Daddy who thought he would never have anyone to go fishing with when he found out that his oldest son of 12 years didn't like to fish.But the girls came through for him, they are already talking about going this coming Sunday after Church.This park is only about a mile from my home and it has a play ground were kids from all ages can play even, Daddy's. There is a baseball field, basketball courts and picnic area's. Sussex County is Loaded with area's in almost every community where kids and parents can spend som... 05/08/2007

Here are the Market Reports for the past 30 days For Franklin, New Jersey. From 04/01/2007-05/01/2007As of the writing of this Post there were 17 New  Residential Properties Listed in Franklin New Jerseythis report does not include Multi-Family, Commercial,Land or Rentals. Out of the seventeen properties one is listed as in Attorney Review and one property is listed as (UC) Under Contract.Of the seventeen properties the average asking price is $247,264.00 the property that is in attorney review was listed at $289,900.00 a colonial style home built in the 1930's sits on a .1722 acre lot. Features include 12 rooms four bedrooms with 2.5 baths.The property that is listed as (UC) Under contract is a Colonial style home with an asking price of $245,000.00 sits on a .2651 acre lot with seven ... 05/01/2007

According to our Local Board of Realtors in the Borough of Franklin NJ for the dates of 02/28/2007-03/29/2007There were fourteen properties listed with an average asking price of 317,135.00 collectively. Out of the fourteen homes listed four were town-homes with an average list price of $233,950.00. There are four ranch style homes available with the average asking price of $370,475.00 with the low asking price of $324,000.00 and the high of $489,000.00. There are two Cape Cod style homes on the market with an average asking price of: 337,700.00 and there are three Colonial homes available with an average asking price of $374,000.00 the highest being 434,900.00. Only one property went under contract during the past 30 day period and the asking price was $149,000.00. A two bedroom Cape C... 03/29/2007

                                  Price Reduced!!                                            By $21,400.00                                           Now only $344,500                                  Sellers Say's I need to MOVE!!Welcome to 408 Rutherford Ave. Franklin NJ. Here you will find a well cared for older colonial built on a 150' piece of property that extends from road to road and features a large two car detached garage.This fourteen room home has three large bedrooms three full baths a finished basement that could also be a mother/daughter set up. On the exterior of the home you'll find vinyl siding, fenced in back yard with decking and hot tub. This is a large home for a big family and a great home for entertainment. The interior of this home features newer wall to wall car... 03/21/2007