Lumberton Township, NJ Real Estate News

By Samuel Kahuila, Burlington County, NJ
(Berkshire Hathaway HomeServices Fox & Roach Realtors)
Priced right to Sell This home was listed during the last snow storm in our area. After carefully going over the market stats, our seller priced it right. With-in a week we had offers, a contract and a very happy seller.  We are just now finishing up the inspection issues and on our way to settlement in three weeks. Pricing righ instead of chasing the market made all the difference!
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Lumberton Township, NJ: January 2009 Real Estate Statistics, Homes Sales & Analysis Are homes selling in Lumberton Township, NJ??  Yes.  Is there a healthy supply of homes for sale?  Absolutely Yes.  Is now a great time to buy a home?  Depends on YOUR Situation. Is now a great time to sell a house?  Depends.   The table below shows that in January 2009, Seven (7) homes sold.  Five (5) were single family detached and the remaining two (2) were town homes or condos.  Overall the single family market is stronger than the townhouse market.  7.2% of the single family homes available for sale sold in January.  This leaves an 12.8 month supply.  6.7% of the townhouses were sold leaving a supply of 14 months. What does this all mean? A balanced market is defined as a six (6) month supply of ho...
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By David Burns
(Keller Williams Realty)
David Burns | Keller Williams Realty | 856 321 1212 59 Sassafras Dr, Lumberton, NJ Lovely 3 BD townhome in Country Estates for Rent 3BR/2.5BA Townhouse $1,500/month Bedrooms 3 Bathrooms 2 full, 1 partial Sq Footage 1,540 Parking 2 dedicated Pet Policy No pets Deposit $1,500 DESCRIPTION This gorgeous, "move in" condition townhome has 3 BR/2.5 BA and features soaring cathedral celing foyer, fendced in back yard, Master Bedroom with Master Bath and double closets. Great fireplace/mantle in LR. Nice kitchen with oversized walk- in pantry. Ideally located in desireable Country Estates, close to shopping, Route 38 and convenient to everything. This unit is also for sale. see additional photos below RENTAL FEATURES Air conditioning Fireplace High/Vaulted ceiling Walk-in closet Hardwood floor ...
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I Am Guilty.About 5 years ago, I started a love affair. It's not what you think.....lolI started a love affair with the sound of the Hammond Organ with a Leslie speaker attached.  I  played piano and keyboards for many  years, but the organ I thought was way beyond my ability to master.  A good friend of mine Tyrone Hallman got me started on the organ.  The picture on the right is one of my friends Kenny Johnson (far left) and Mike Casino (far right), just after we finished hauling my first organ out of the basement to make room for my new organ.  You find out who your real friends are when it comes time to move an organ. In case you didn't know......they are VERRRRRY HEAVY.But Anyway, I DigressAs a lover of the Hammond Organ sound and the owner of one of these classic instruments, you ...
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By David Burns
(Keller Williams Realty)
David Burns | Keller Williams Realty | 856 321 1212 59 Sassafras Dr., Lumberton, NJ Cute 3 bedroom, 2.5 bath Townhome in the desirable Country Estates 3BR/2.5BA Single Family House offered at $207,000 Year Built 1987 Sq Footage 1,540 Bedrooms 3 Bathrooms 2 full, 1 partial Floors 2 Parking 1 Car garage Lot Size 2,199 sqft HOA/Maint $55 per month DESCRIPTION Cute 3 bedroom, 2.5 bath townhome in desirable Country Estates. Cathedral ceiling foyer, fenced in back yard. Master bedroom with master bath and double closets. Nice kitchen with oversized walk-in pantry. Ideally located and brand new to the market. Ower relocating and says all reasonable offers considered. -Carpet allowance for new buyers see additional photos below PROPERTY FEATURES Central A/C Central heat Fireplace Tile floor Li...
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By Lawrence Yerkes, Broker Associate, Southern New Jersey Real Estate Services
(RE/MAX Preferred)
A team from the Lumberton and Eastampton Gifted and Talented Parents Group is doing a final testing of Pumpkin Churnkin Machines at Prickett's Farm today between 10 am and 2 pm.  [Rain or Shine]Location: 186 Fostertown Road, Lumberton, NJ (corner of Crispin and Fostertown Roads).  The Prickett's Punkin Chunkers team will than enter these machines in the World Pumkin Chunkin Championships to be held in Seaford, Delaware the following week.This local event will raise money for ALS (Lou Gehrig's disease)For a small donation you may be able to launch a pumkin yourself!Hamburgers, hot dogs, baked goods and drinks will be sold -- all sales benefit the ALS.Pumpkins will also be available for sale at the Prickett's Farm.  [BTW, the world championship event even has a movie and music videos avai...
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By Matt Moxhay, Moorestown Real Estate
(Prudential Fox & Roach)
Here’s the Lumberton Real Estate market update for August 2008.   Pended units for August were down 3 and Sold units were down 7 compared to August 2007; listed units were down 4 versus 2007.  This has led to a current inventory of 118 units.  Lumberton has been averaging 9 units sold per month which means there is currently 13 months worth of inventory in Lumberton.  Lumberton trails the overall Burlington County market, which has 12 months worth of inventory. Year to date listed units are down 50 (a 23% decrease), pended units are down 43 (a 56.6% decrease) and sold units are down 42 (a 56.8% decrease).  See how this compares to the Burlington County Market. The last 3 years the average number of units pended and sold in August was approximately 14 & 18 respectively. This August, ther...
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By Matt Moxhay, Moorestown Real Estate
(Prudential Fox & Roach)
  Here’s the Lumberton Real Estate market update for July 2008.   Pended units for July were down 6 and Sold units were down 7 compared to July 2007; listed units were down 5 versus 2007.  This has led to a current inventory of 124 units.  Lumberton has been averaging 10 units sold per month which means there is currently 12 months worth of inventory in Lumberton.  Lumberton matches the overall Burlington County market, which also has 12 months worth of inventory. Year to date listed units are down 46 (a 24.5% decrease), pended units are down 39 (a 57.4% decrease) and sold units are down 35 (a 53.9% decrease).  See how this compares to the Burlington County Market. The last 3 years the average number of units pended and sold in July was approximately 16 & 19 respectively. This July, the...
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By Lawrence Yerkes, Broker Associate, Southern New Jersey Real Estate Services
(RE/MAX Preferred)
The annual Burlington County Farm Fair started today (6/23/08) and will continue through until Friday evening.This is a great time out for the family to enjoy rides, food, 4-H judging, arts and crafts; and seeing antique equipment, cows and other farm livestock up close, and watch the pig races!In addition to the pig races, there will be lots of fun contests throughout the day, including children's tractor pull, men's spike driving contest, milking contest and a woman's skillet throw.   Various animal shows will occur for sheep, horses and cows, plus live entertainment by local performers.The fair is held in Lumbertown Township, along Rt. 541,   Farm and 4-H related events start at 9 a.m. in the morning and rides start a 4 p.m. and continue until closing each night at 11 p.m.For directi...
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By Matt Moxhay, Moorestown Real Estate
(Prudential Fox & Roach)
  Here’s the Lumberton Real Estate market update for June 2008.   Pended units for June were down 7 and Sold units were down 6 compared to June 2007; listed units were down 3 versus 2007.  This has led to a current inventory of 113 units.  Lumberton has been averaging 10 units sold per month which means there is currently 11 months worth of inventory in Lumberton.  Lumberton matches the overall Burlington County market, which also has 11 months worth of inventory. Year to date listed units are down 41 (a 24.7% decrease), pended units are down 34 (a 55.7% decrease) and sold units are down 29 (a 53.7% decrease).  See how this compares to the Burlington County Market. The last 3 years the average number of units pended and sold in June was approximately 21 & 20 respectively. This June, the...
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By Matt Moxhay, Moorestown Real Estate
(Prudential Fox & Roach)
Here’s the Lumberton Real Estate market update for May 2008.   Pended units for May were up 3 and Sold units were down 3 compared to May 2007; listed units were down 14 versus 2007.  This has led to a current inventory of 121 units.  Lumberton has been averaging 10 units sold per month which means there is currently 12 months worth of inventory in Lumberton.  There was 10 months of inventory available when I did the April report.  Lumberton now trails the overall Burlington County market, which has 11 months worth of inventory. Year to date listed units are down 38 (a 27.9% decrease), pended units are down 27 (a 55.1% decrease) and sold units are down 24 (a 57.1% decrease).  See how this compares to the Burlington County Market. The last 3 years the average number of units pended and so...
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By Matt Moxhay, Moorestown Real Estate
(Prudential Fox & Roach)
  Here’s the Lumberton Real Estate market update for April 2008.   Pended units for the April were down 6 and Sold units were down 1 compared 2007; listed units were up 3 versus 2007.  This has led to a current inventory of 120 units.  Lumberton has been averaging 11 units sold per month which means there is currently 10 months worth of inventory in Lumberton.  There was 9 months of inventory available when I did the March report.  This outperforms the overall Burlington County market, which has 11 months worth of inventory. Year to date listed units are down 24 (a 21.6% decrease), pended units are down 30 (a 81.1% decrease) and sold units are down 21 (a 72.4% decrease).  See how this compares to the Burlington County Market. The last 3 years the average number of units pended and sold ...
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By Matt Moxhay, Moorestown Real Estate
(Prudential Fox & Roach)
Here's the Lumberton Real Estate market update for March 2008.   Pended units for the March were down 6 and Sold units were down 10 compared 2007; listed units were down 14 versus 2007.  This has led to a current inventory of 109 units.  Lumberton has been averaging 11 units sold per month which means there is currently 9 months worth of inventory in Lumberton.  There was 8 months of inventory available when I did the February report.  This outperforms the overall Burlington County market, which has 10 months worth of inventory. Year to date listed units are down 27 (a 32.9% decrease), pended units are down 18 (a 62.1% decrease) and sold units are down 20 (a 95.2% decrease).  See how this compares to the Burlington County Market.The last 3 years the average number of units pended and so...
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By Lawrence Yerkes, Broker Associate, Southern New Jersey Real Estate Services
(RE/MAX Preferred)
To keep up with local Lumberton Township news and events, the official Lumberton Township web site maintains a community events page as well as a local township news page.The community events page includes a list of events for the township government, the Greater Lumberton Regional Business Association, the Lumberton Historical Society. For example, The Collector Car Show will be held on Saturday July 19, 2008.  Registration will be held from 8:30am-11am; the event will run until 3pm. Early registration fee is $15, or you can register the day of the event for $20.  Click here for a registration form!  For more information please call 609-267-6647.  All proceeds will benefit the LHS Museum Building restoration.  The township news page includes important community announcements as well as...
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By Lawrence Yerkes, Broker Associate, Southern New Jersey Real Estate Services
(RE/MAX Preferred)
 "MAY HISTORY OF OUR PAST, BE JUST AS IMPORTANT AS HISTORY OF OUR FUTURE" The Lumberton Historical Society Museum is open to the public on the 3rd Saturday of each month, From 10:00 AM - 12:00 PM.   It is located in the Gaun building on Main Street. It was originally the Town Hall and it's official name is the Ridgeway A Guan Community Center in honor of Lumberton's Township Clerk for over thirty years. The Historical Society has pie plates, notepaper, afghans, and four buildings depicting dwellings in our historic village for sale. Click here to view the afghan! Each year special events are held to promote the community and help raise funds for the museum.  This year one of those events is the LHS Car Show.  The Collector Car Show will be held on Saturday July 19, 2008.  Registration w...
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By Matt Moxhay, Moorestown Real Estate
(Prudential Fox & Roach)
Here's the Lumberton Real Estate market update for February 2008.   Pended units for the February were down 9 and Sold units were down 10 compared 2007; listed units were down 6 versus 2007.  This has led to a current inventory of 107 units.  Lumberton has been averaging 12 units sold per month which means there is currently 8 months worth of inventory in Lumberton.  This outperforms the overall Burlington County market, which has 9 months worth of inventory. Year to date listed units are down 14 (a 28.6% decrease), pended units are down 14 (a 107.7% decrease) and sold units are down 10 (a 71.4% decrease).  See how this compares to the Burlington County Market.The last 3 years the average number of units pended and sold in February was approximately 13 & 13 respectively. This February, ...
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By Matt Moxhay, Moorestown Real Estate
(Prudential Fox & Roach)
The Lumberton Real Estate market started 2008 by outperforming how the Burlington County market performed as a whole.  Pended units for the January were down 5 and Sold units were even compared 2007; listed units were also down by 8 unit versus 2007.  This has led to a current inventory of 93 units.  Lumberton has been averaging 12 units sold per month which means there is currently 7 months worth of inventory in Lumberton.  This outperforms the overall Burlington County market, which has 9 months worth of inventoryThe good news for sellers is that number of properties sold this January versus last January did not go down.  On the plus side for buyers is that 5 fewer properties went under contract than during the same period in 2007.  The last 3 years the average number of units pended ...
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By Matt Moxhay, Moorestown Real Estate
(Prudential Fox & Roach)
The Lumberton Real Estate market slightly outperformed the Burlington County market as a whole in 2007.  Pended units were down 14 and Sold units were down 14 versus 2006.  Listed units were down by 19 in the same period.  This has led to a current inventory of 84 units.  Lumberton has been averaging 13 units sold per month which means there is currently 6 months worth of inventory in Lumberton.  This outperforms the Burlington County market, which has 8 months worth of inventory. An inventory accumulation rate of 6 months represents a fairly balanced market given the time a year.Lumberton had an average sale price in 2007 of $316,924 which is 0.9% lower then the sold average in 2006.  This closely follows how Burlington County performed during the same period: which was basically flat ...
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By Matt Moxhay, Moorestown Real Estate
(Prudential Fox & Roach)
The Lumberton Real Estate market is slightly outperforming the Burlington County market.  Pended units through October are down 10 and Sold units are down 12 versus the same period in 2006, listed units are also down by 14 in the same period.  This has led to a current inventory of 105 units.  Lumberton has been averaging 13 units sold per month which means there is currently 8 months worth of inventory in Lumberton.  This outperforms the Burlington County market, which has 10 months worth of inventory. An inventory accumulation rate of 8 months represents a fairly balanced market given the time a year: leaning more towards buyers then sellers.Year to date through October, Lumberton has an average sale price of $320,859 which is 0.03% higher then the sold average in 2006.  This matches ...
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By Matt Moxhay, Moorestown Real Estate
(Prudential Fox & Roach)
The Lumberton Real Estate market is closely following how the Burlington County market is performing as a whole.  While Pended units through September are down 10 and Sold units are down 12 versus the same period in 2006; listed units are also down by 5 units in the same period.  This has led to a current inventory of 113 units.  Lumberton has been averaging 13 units sold per month which means there is currently 8 months worth of inventory in Lumberton.  This slightly outperforms Burlington County, which has 10 months worth of inventory. An inventory accumulation rate of 8 months I think is a representation of a balanced market. Year to date through September, Lumberton has an average sale price of $323,697 which is 1.19% higher then the sold average in 2006.  Burlington County has seen...
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