Princeton, NJ Real Estate News

By Faina Sechzer, Real Estate Expert - Princeton, Montgomery ,Hopewell, NJ
(Henderson-Sotheby's International Realty)
  Princeton New Jersey Condos & Townhouses - Governor's Lane -Luxury Princeton Homes For Sale Princeton NJ Condos & Townhouses - Luxury Princeton Homes For Sale in Governor's Lane.Princeton New Jersey is known for it's wide selection of luxury  homes for sale including condos and townhouses.  Condos and Townhouses in the surrounding towns of Montgomery Township and West Windsor are not properties often associated with the idea of luxury houses, but rather homes for sale for first time home buyers in the Princeton area. In Princeton we have several luxury condominium and townhouses neighborhoods, such as Constitution Hill and Governor's Lane.Governor's lane homes and townhouses were built approximately 10 years ago and the neighborhood is reminiscent of the English mews houses. The backs...
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By Faina Sechzer, Real Estate Expert - Princeton, Montgomery ,Hopewell, NJ
(Henderson-Sotheby's International Realty)
  Princeton Luxury Homes For Sale - Princeton Luxury Real Estate $5,000,000+ Princeton luxury real estate is my specialty and I cover it extensively on Princeton Real Estate blog. If you are looking for luxury homes for sale in Princeton, there are many price categories into which such Properties fall. Princeton Real Estate For $1mln-$1.5mln |New Jersey Real EstatePrinceton Homes For Sale - $1,000,000 -$2,000,000Luxury Princeton Homes For Less Than $2 million |New Jersey Real EstatePrinceton Luxury Homes For Sale $2,00,00-$3,000,000Princeton Homes for sale $3,000,000 -$5,000,000This article focuses on Princeton Luxury homes for sale over $5,000,000. At this time there aren't too many homes of this caliber. They are usually significant historical Princeton houses with a lot of history, s...
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By Faina Sechzer, Real Estate Expert - Princeton, Montgomery ,Hopewell, NJ
(Henderson-Sotheby's International Realty)
  Princeton New Jersey Schools - Princeton Charter School The subject of schools in Princeton , Montgomery , West  Windsor and other surrounding towns is inextricable tied to many parents' decision where to live. For this reason it's one of the very important considerations for many of my readers and clients. Read also: Princeton, Montgomery, West Windsor School rankingHow To Select The Best School| when Relocating & Buying Princeton Real Estate HomesPrinceton Regional Schools - For Non -ResidentsThis weekend is difficult for my family as my boys are preparing to go to school away from home. With truck loads of socks and other "important items" waiting to be marked, I was reflecting on the important decisions parents have to make when it comes to school choice.Excellent public schools i...
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By Christine O'Shea
(Christine E O'Shea Broker)
DATE UNITS LISTED LISTED VOLUME LISTED AVERAGE PENDING UNITS SOLD SOLD VOLUME SOLD AVERAGE AVERAGE DOM Aug 2008 8 6,372,900 790,987 3 6  5,595,000 932,500 100 July 2008 8 4,994,900 624,362 6 14 14,485,500 1,034,678 74 June 2008 13 12,456,399 958,184 4 9 5,907,750 656,416 110 May 2008 20 15,849,888 792,494 9 7 6,461,000 923,000 80 April 2008 7 6,019,888 859,984 10 5 6.360.000 1,272,000 86 March 2008 10 6,885,788 688,578 14 3 2,019,000 673,000 80 Feb 2008 13 11,855,500 911,961 2 1 517,000 517,000 103 Jan 2008 13 16,151,250 1,242,403 3 2 3,629,000 1,814,500 67                   Totals 92 80,541,513 875,451 51 47 44,974,250 956,898 87 Information deemed reliable but not Guaranteed Interested in Real Estate in Princeton Borough, Have any Questions on Buying or Selling? Please feel free to c...
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By Elizabeth McGuire
(Coldwell Banker)
Elizabeth Mcguire/Barbara Graham | Coldwell Banker Residential Brokerage | 609 688 4824 319 Carter Road, Princeton, NJ Totally Refurbished 5BR Multi-Level Home for RENT! 5BR/4BA Single Family House $2,800/month Bedrooms 5 Bathrooms 4 full, 0 partial Sq Footage 3,354 Parking 2 dedicated Pet Policy No pets Deposit $0 DESCRIPTION Totally refurbished multi-level home w/ contemp flair & flexible floor plan. Improvements include fresh paint inside & out, new & refinished HW floors, power washed decks, newly paved entrance area, & new Anderson windows. Also for sale mls# 5216315 see additional photos below RENTAL FEATURES Air conditioning Central heat Fireplace High/Vaulted ceiling Tile floor Family room Living room Bonus/Rec room Office/Den Dining room Dishwasher Refrigerator Stove/Oven Micr...
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By Faina Sechzer, Real Estate Expert - Princeton, Montgomery ,Hopewell, NJ
(Henderson-Sotheby's International Realty)
The higher end of the luxury Princeton homes for sale offers a wide array of choices. The web/blog site combines the opportunity examine the choices in this price range, to understand the state of the real estate market, and perhaps to learn a bit more about Princeton, if you are relocating from out of state.  This is a selection of homes available now in the price range of $3,000,000 - $5,000,000. Princeton Luxury Homes For Sale
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By Faina Sechzer, Real Estate Expert - Princeton, Montgomery ,Hopewell, NJ
(Henderson-Sotheby's International Realty)
  Ettl Farm Luxury Homes -Princeton Real Estate Ettl Farm Neighborhood Ettl Farm is one of the most popular Princeton neighborhoods. It was built in 1995 by Toll Brothers and is reflective of the style of large stately houses built by this builder.  There are approximately 117 Princeton homes in this development located off Rosedale road. This community is popular with corporate relocation home buyers and others relocating to Princeton New Jersey. I see continual demand for the homes in Ettl Farm for Princeton homes for sale. At the time of this article there are no houses on the market in Ettl Farm Princeton neigborhood.The major streets in the development are Christopher Drive, Walker Rd and Stone  Cliff.  The houses backing to the woods are usually considered premium locations compar...
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By Christine O'Shea
(Christine E O'Shea Broker)
The University of Princeton Chapel is the third largest college chapel in the world and the University's largest indoor facility.   The Chapel is non-secretarian and holds weekly denominational and nondenominational services.   Along with the religious use it also hosts non-religious ceremonies including Opening Exercises and services for commencement.    The chapel seats approximately 2000 and is 270 foot long.   The oak pews are wood from Civil war times.  The stained glass collection is the most valuable in the western hemisphere and when renovated in 2002, was sent to France for cleaning and restoration.   The architecture through out the campus of Princeton University is mostly Gothic.  In keeping with the gothic architecture style, which Princeton is famous, the chief architect wa...
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By Christine O'Shea
(Christine E O'Shea Broker)
Welcome Students is popping up all around Princeton lately.  The Class of 2012 is coming to campus.  Registration day is August 30th, but a lot of students and families are seen touring the 500-acre Princeton University Campus.   Princeton is rich in history with traditions and lore and has been hailed by generations of Princetonians as "the best old place of all".   Princeton was the very first college to call her campus a "campus".   On a beautiful, crisp summer day I decided to take a stroll thru the University grounds and take in the beauty of the Princeton University Campus
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By Christine O'Shea
(Christine E O'Shea Broker)
Located in Princeton Borough between Bayard Lane and Chambers Street (behind our NATIONS Real Estate office) is Bank Street.  I first discovered Bank Street when looking for a parking space and thought it was an alley.  Much to my delight, I discovered a variety of Victorian Homes and un-metered parking spaces with a two hour time limit.   Bank Street is designated  "Historic District  Preservation" by the Princeton Borough Historic Preservation Office.   The homes on Bank Street were constructed in the late 19th century as "modest residences".  They are two story buildings, eleven total on the street.  The homes are single and twins, featuring bay windows and wood sitting porches decorated with spindle valances.  The exterior accents are also scalloped, diamond and fish scale.  There a...
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By Faina Sechzer, Real Estate Expert - Princeton, Montgomery ,Hopewell, NJ
(Henderson-Sotheby's International Realty)
West Windsor Mercer County Alexander Road Bridge is now closed for construction.Princeton Junction train station is what many people in Princeton, Montgomery, West Windsor and other surrounding towns use to commute to work. Proximity to the train station is often one of the key requirements  for many Princeton area home buyers. There are several ways to get to the Princeton Junction train station and one of them is from Alexander street. If you are looking for a Princeton area home for sale, you could locate homes on the map to see where they are in relationship to the bridge. Click on this link to Search Princeton Homes For Sale.Starting  July 11, the project to replace the bridge entered it's second phase, and the Alexander Road Bridge has been closed. For many years when I lived in W...
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By Desiree Daniels
(RE/MAX Tri County)
    Monthly Statistics for the Date Range Selected Date Units Listed Listed Average Pended Units Sold Sold Volume Sold Average Average DOM Aug 2008 7 1,161,842 0 3 2,907,500 969,166 173 July 2008 24 936,644 15 38 37,443,900 985,365 74 June 2008 38 955,086 20 34 34,833,349 1,024,510 89 May 2008 51 1,230,980 34 21 21,603,875 1,028,755 93 Apr 2008 44 1,261,099 31 19 20,018,999 1,053,631 86 Mar 2008 40 1,039,112 33 15 13,125,485 875,032 202 Feb 2008 52 1,230,959 15 13 17,357,500 1,335,192 108 Jan 2008 46 1,221,868 15 12 17,318,000 1,443,166 102                   Totals: 302 1,148,855 163 155 164,608,608 1,061,991 101                    Inventory Accumulation for the Last 12 Full Months           Current Inventory * Inventory Volume Current Average Average Monthly Sales** Inventory Accumula...
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By Faina Sechzer, Real Estate Expert - Princeton, Montgomery ,Hopewell, NJ
(Henderson-Sotheby's International Realty)
Why Some Princeton Houses Sell Quickly There are some homes in Princeton that continue to sell well in any market. This article looks at what makes these Princeton homes special. For some Princeton real estate sellers it has been a challenging market.  In the Princeton township there were 190 houses listed in the first six months of 2008, and only  84 sold during the same period. In 2007, this ratio was 239 houses listed to 101 houses sold. In 2005 it was 247 listed and 123 sold. What is interesting is there are houses that continue to sell quickly in any market  and some are selling over asking price. "Could my house sell quickly in this market?" is a question many sellers in Princeton ask me in trying to understand what makes a difference between a house that sells and the one languis...
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By Christine O'Shea
(Christine E O'Shea Broker)
Palmer Square, Princeton NJ Palmer Square, located in Princeton, NJ across from Princeton University is hosting a Summer Fun on the square. The Summer Music Series is FREE and runs on Saturdays between 2-4 pm.  This festive event is featuring the Karl Latham Group on Saturday, August 2nd.  The music from these series can be heard thru out Palmer Square and Nassau Street. Enjoy the fun, stroll the SummerFun on the Square Palmer Square Summer Sidewalk Sales on Saturdays between 10:00 am and 8:30 pm. Parking is available both metered and garage. Hope to see you there,
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By Jeff Belonger, The FHA Expert - FHA Loans - FHA mortgages - USDA loans - VA Loans
( Social Media - Infinity Home Mortgage Company, Inc)
In today's real estate market, you need to not only know what you are doing, but be able to be very creative and to think outside the box. So, as a seller or a realtor, how do you market a home?  How about a home that is in a college town? Yesterday, I wrote this post, "Kiddie Condo" FHA loans aka Non-Occupant Co-Borrower Loans - What are they? Because of the mortgage meltdown that started taking place about 2 years ago, there aren't as many mortgage programs available. The media hasn't helped as much, with spreading negative news also. But what about getting back to the basics?  What about certain programs that can be used in some markets that aren't talked about much. With recent news that HUD might not allow down payment assistance programs, which won't be known until August 15th, t...
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By Lisa Ryan, Selling Princeton,West Windsor and Montgomery Town
(Callaway Henderson Sotheby's International Realty)
 Princeton, NJ Than you may want to get to the Princeton Public Library on Monday evening, 7/21, at 7:00PM. No, Janet won't be there, but actress and audiobook performer CJ Critt will be.   CJ, is known as the voice of Stephanie Plum, the main character of Janet Evanovitch's popular murder mystery books, and has recorded 17 books for this best selling author.  Ms. Crit will give her audience a behind the scenes peek at the world of audio performance and will read several exerpts from the author's works.  This should be fun!   For more information go to www.princetonlibrary.org Lisa Ryan, Your Princeton and Montgomery Real Estate Specialist Disclaimer: The opinions expressed by The Activerain Network and it's members and those providing comments are theirs alone, and do not reflect the o...
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By Christine O'Shea
(Christine E O'Shea Broker)
Market Statistics for Princeton Boro, January 1, 2008 thru June 30, 2008   Minimum Price             Maximum Price                 Average Price  Original List Price             Original List  Price            Original List Price   $380,000                          $4,725,000                     $1,306,210                Sold Price                         Sold Price                      Sold Price $385,250                    $4,1125,000                 $1,183.206 INVENTORY ACCUMULATION FIGURES ARE ONLY CALCULATED WHEN REPORT END MONTH IS THE CURRENT MONTH   Market Statistics Criteria Used          Date Range:                   1/2008 to 6/200      Price Range:                   $100,000 to 10,000,000          Property Category:          Residential   Area:                             Pr...
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By Christine O'Shea
(Christine E O'Shea Broker)
Where is "Home"?   Everyone always wants to know where is "home" or "where are you from?" We recently spent 8 months "wintering" in South West Florida in Naples on the Gulf of Mexico.  It is truly a beautiful area, warm blue green water and sunsets over the Gulf.   While in SW Florida, I studied for my Florida Brokers and also familiarized myself with all of the different communities and areas.  As beautiful as Naples is, I could not make it my permanent "home".  It is too far from the rest of my life, my family, especially my two sons.  I am originally from Baltimore but have lived over half of my life in New Jersey.  Whenever I say I am going home for Thanksgiving or whatever other holiday the "home" means Baltimore.  My mother still lives in my childhood home there. When I first move...
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Greater Mercer County Area - Featured Hot Spots for the week of July 14th, 2008 This is the second of my weekly series of "Featured Hot Spots" I'll be posting. If there is something you'd like to add or would like featured don't hesitate to reach out to me. Princeton has always been a fond memory to me.   As a child,  my grandmother lived in Princeton and my brother and I spent many a summer day at Gram's house.   Impi Daniels my grandmother "Gram" will be 100 years young this month.   This one is for you Gram, Love ya!! Princeton was every kids dream, with all the history and charm just walking the streets.      My grandmother actually shared the company of Albert Einstein when she worked at the university as part of the maintenance workers.   One of my favorite stops was always the Pr...
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By Christine O'Shea
(Christine E O'Shea Broker)
On a cool summer day we set out to visit Lake Carnegie in Princeton, NJ, hoping to catch a glimpse of the U.S. Olympic Rowers.   Lake Carnegie is located just off of Route 27 in Princeton, the home of U.S. Olympic Rowing Team.  The national squad trains on Lake Carnegie year round. In the early 1900's a Princeton alumni was painting the portrate of Andrew Carnegie, a noted businessman and philanthropist and persuaded him to donate money for the lake for use of the Tigers Princeton rowing team.  It is a man made lake formed from a dam of the Millstone River. This particulair early afternoon found the lake quiet except for a single goose floating on the water and a lone woman kayaking and draging her fishing line behind her. It is a beautiful spot to sit and picnic, fish, or canoe and ho...
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