Scotch Plains, NJ Real Estate News

By Scott Gleason, Westfield NJ New Homes Specialist
(RE/MAX Select)
Who likes to eat? In the past year, so many more people discovered the joys of cooking at home. But if you need a break from creating a delicious meal for your family, try a food truck. And, if you want to help out high school students, visit Scotch Plains-Fanwood High School on Sunday, May 2nd for the Scotch Plains Food Truck Festival 2021.What: Scotch Plains Food Truck Festival 2021Where: Scotch Plains-Fanwood High School (667 Westfield Rd)When: Sunday, May 2nd from 12 pm to 5 pmAdmission: $10/person, $25/familyScotch Plains Food Truck Festival 2021Money raised from the food truck festival helps fund the Class of 2021's senior activities. Several local food truck owners already signed up to participate in the festival. They include: Bites & Bowls (Mexican fusion) Cheezen (next level g...
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By Jane Nicastro-Disch Warren NJ, NJ Estates Real Estate Group of Weichert Realtors
(Weichert Realtors)
Scotch Plains New Jersey Real Estate Listing For Sale. (Union County)https://myre.io/0QOWeNDA5Cx8F  The data relating to real estate for sale on this website comes in part from the IDX Program of Garden State Multiple Listing Service, L.L.C. and Weichert, Realtors® - Warren. Real estate listings held by other brokerage firms are marked as IDX listing. Information deemed reliable but not guaranteed. Copyright © 2020 Garden State Multiple Listing Service, L.L.C. All rights reserved. This information is being provided for Consumer's personal, non-commercial use and may not be used for any purpose  Sellers' Advice https://bit.ly/351Tbqx   Buyers' Advice https://bit.ly/3n0Cmm3   No/Central NJ Town Listings https://bit.ly/32YoroI    Our New Homes & Commercial Listings  https://bit.ly/3lWVEbC ...
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By Wayne Zuhl, The Last Name You'll Ever Need in Real Estate
(Remax First Realty II)
It isn't hard to find news about COVID these days. The virus affects  all ages, and all demographics. The shutdown, similarly, affects all ages and all demographics. Here's how it is affecting real estate in our area.Rahway real estate usually has a cyclical feel to it - prices and sales peaking in the summer and dropping in the winter.In a "normal" year, sales typically look like this. Sales, in orange in this graph, start out low in the winter and then gradually pick up until the summer and then drop off in the fall. Listings, in blue in the grph, do the same thing.We definitely can't expect a normal year this year. In all likelihood, the summer peak will be  few months later and winter won't drop down as much.So far, every indication is that this year is slower than last year.Invento...
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By Wayne Zuhl, The Last Name You'll Ever Need in Real Estate
(Remax First Realty II)
Homeowners and home buyers in Scotch Plains  are smart to learn about the real estate market to help make an informed decision about when to buy and sell a home in Scotch Plains .Here’s what’s been happening lately.Inventory: 16 homes were sold in Scotch Plains in January - compared to the 12 month average of 27 homes per month. December was busy - 31 homes sold - and winter is typically slower than the rest of th eyear, so a slow down in January is not alarming. When the weather improves, the market likely will also. Inventory is 100 currently listed homes compared to a 12 month average of 136 homes and to the 125 homes that were offered for sale at this time last year. Click here to view currently listed homes in Scotch Plains.As inventory decreases, demand for homes usually increases...
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By Wayne Zuhl, The Last Name You'll Ever Need in Real Estate
(Remax First Realty II)
Homeowners and home buyers in Scotch Plains  are smart to learn about the real estate market to help make an informed decision about when to buy and sell a home in Scotch Plains .Here’s what’s been happening lately.Inventory: 31 homes were sold in Scotch Plains in December - compared to the 12 month average of 27 homes per month. November was slow (only 22 homes) so it's not surprising the December sales bounced back. Inventory is 92 currently listed homes compared to a 12 month average of 138 homes and to the 121 homes that were offered for sale at this time last year. Click here to view currently listed homes in Scotch Plains.As inventory decreases, demand for homes usually increases. This can help to raise prices and/or decrease how long it takes to sell a home.In Scotch Plains, ther...
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By Wayne Zuhl, The Last Name You'll Ever Need in Real Estate
(Remax First Realty II)
Homeowners and home buyers in Scotch Plains  are smart to learn about the real estate market to help make an informed decision about when to buy and sell a home in Scotch Plains .Here’s what’s been happening lately.Inventory: 21 homes were sold in Scotch Plains in November - compared to the 12 month average of 26.8 homes per month. Inventory is 117 currently listed homes compared to a 12 month average of 143 homes and to the 156 homes that were offered for sale at this time last year. Click here to view currently listed homes in Scotch Plains.As inventory decreases, demand for homes usually increases. This can help to raise prices and/or decrease how long it takes to sell a home.Realtors use an analysis called Months of Inventory to evaluate the real estate market. The Months of Invento...
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By Wayne Zuhl, The Last Name You'll Ever Need in Real Estate
(Remax First Realty II)
Monthly Scotch Plains Real Estate Analysisby Team ZuhlNovember 2019The real estate market in Scotch Plains this month is characterized by two factors: Lower than average inventory Lower than average sales These two factors have contributed to a normal market this autumn with steady prices.   So what does this mean for you?If you're a homeowner in Scotch Plains, hold steady. Our detailed analysis reveals that home ownership is a fantastic investment in the long term.If you want to sell your home in Scotch Plains, consider your marketing and pricing strategy. You will have to use a realtor who  knows the Scotch Plains market and is able to price your home appropriately as well as market it aggressively. Read our sellers guide and be confident that homes do sell in the winter!  Homes sell ...
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By Wayne Zuhl, The Last Name You'll Ever Need in Real Estate
(Remax First Realty II)
If you're a homeowner in Scotch Plains, or if you want to be a homeowner in Scotch Plains, you need to pay close attention to the real estate market. Team Zuhl has crunched the numbers for you and has released the Scotch Plains real estate market report for October.Are you in for a trick or a treat?We're ending the summer with lower inventory than this time last year - only 161 homes offered for sale with 24 sold in September, compared to 171 homes and 31 sold in September of 2018. Decreasing inventory often results in increased prices and faster sales. So far, prices haven't shown this increase with the average sale in September being $495,000, about 7% lower than this time last year.For a more in depth analysis of Scotch Plains' real estate market, please click here.  If you’re thinki...
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By Wayne Zuhl, The Last Name You'll Ever Need in Real Estate
(Remax First Realty II)
Homeowners and home buyers in Scotch Plains  are smart to learn about the real estate market to help make an informed decision about when to buy and sell a home in Scotch Plains .Here’s what’s been happening lately.Inventory: 24 homes were sold in Scotch Plains in September - compared to the 12 month average of 27.9 homes per month. Inventory is 161 currently listed homes compared to a 12 month average of 148 homes. Click here to view currently listed homes in Scotch Plains.As inventory increases, demand for homes usually decreases. This can help to lower prices and/or increase how long it takes to sell a home.Realtors use an analysis called Months of Inventory to evaluate the real estate market. The Months of Inventory is equal to how long it would take to sell the existing inventory i...
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By Wayne Zuhl, The Last Name You'll Ever Need in Real Estate
(Remax First Realty II)
Team Zuhl are the experts when it comes to buying and selling a home in Scotch Plains. We've studied the real estate market in Scotch Plains and are ready to provide you with the most up to date information regarding your home's worth.Have you read the Scotch Plains real estate market report for September?Here's a quick summary of what we've learned:Inventory:   Active Listings Sold Listings August 2019 133 35 August 2018 161 37 12 month average 147.42 28.25 The law of supply and demand says that when inventory drops, prices rise.Click here to view currently listed homes in Scotch Plains.Months of Inventory:   Months of Inventory August 2019 5.64 August 2018 4.35 12 month average 5.75 In Scotch Plains, there are currently 5.64 months of inventory. There are enough homes listed for sale ...
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By inboundREM Market Updates
(InboundREM)
Scotch Plains, New JerseyReal Estate in Scotch PlainsScotch Plains is a U-shaped residential township in Union County, New Jersey bordered by Fanwood and Plainfield to the southeast while Mountainside and Westfield to the northeast. Like most districts in the region, Scotch Plains serves primarily as a bedroom community to other business centers in New Jersey and New York City. There is a variety of residential neighborhoods in Scotch Plains which include a few gated communities, golf communities, and suburban residential areas. The varying residential developments in the district provide a diverse selection of residential real estate that home buyers can choose from in Scotch Plains. Young couples who are seeking to purchase their starter home will find excellent houses to consider in ...
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By Wayne Zuhl, The Last Name You'll Ever Need in Real Estate
(Remax First Realty II)
Homeowners and home buyers in Scotch Plains  are smart to learn about the real estate market to help make an informed decision about when to buy and sell a home in Scotch Plains .Here’s what’s been happening lately.Inventory: 35 homes were sold in Scotch Plains in August - compared to the 12 month average of 28.25 homes per month. Inventory is 133 currently listed homes compared to a 12 month average of 147.4 homes. Click here to view currently listed homes in Scotch Plains.As inventory grows, demand for homes usually drops. This can help to lower prices and/or lengthen how long it takes to sell a home.Months of Inventory:Realtors use an analysis called Months of Inventory to evaluate the real estate market. The Months of Inventory is equal to how long it would take to sell the existing...
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By Wayne Zuhl, The Last Name You'll Ever Need in Real Estate
(Remax First Realty II)
Homeowners and home buyers in Scotch Plains  are smart to learn about the real estate market to help make an informed decision about when to buy and sell a home in Scotch Plains .Here’s what’s been happening lately.Inventory: 23 homes were sold in Scotch Plains in July - compared to the 12 month average of 28.6 homes per month. Inventory is up to 151 currently listed homes compared to a 12 month average of 151.3 homes.     Homes offered for sale Sold homes July 2019 151 23 July 2018 178 45 12 month average 151.3 28.6 Click here to view currently listed homes in Scotch Plains.As inventory grows, demand for homes usually drops. This can help to lower prices and/or lengthen how long it takes to sell a home.  Prices: The average sale price in Scotch Plains in July was $592,665 - compared to...
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By Wayne Zuhl, The Last Name You'll Ever Need in Real Estate
(Remax First Realty II)
The  Greater Westfield Area Chamber of Commerce is sponsoring the second annual Scotch Plains Major's 0.5 K race on Sunday, August 18th. Lots of family friendly fun including ice cream and beer, food trucks, dancing, and children's activities. All proceeds go to support METAvivors of NJ which supports patients with stage 4 metastatic breast cancer. Team Zuhl will be there, and we hope you will join us!! To register, please click here: https://www.gwaccnj.com/events/race2019  
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By Wayne Zuhl, The Last Name You'll Ever Need in Real Estate
(Remax First Realty II)
Perhaps you missed it.Maybe you were sleeping.Maybe you were taking a swim.But you really otter check out this month's Scotch Plains real estate market update.   Click here to read the latest Scotch Plains Real Estate Market Report from Team Zuhl. 
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By Wayne Zuhl, The Last Name You'll Ever Need in Real Estate
(Remax First Realty II)
Homeowners and home buyers in Scotch Plains  are smart to learn about the real estate market to help make an informed decision about when to buy and sell a home in Scotch Plains .Here’s what’s been happening lately.Inventory: 39 homes were sold in Scotch Plains in June - compared to the 12 month average of 28 homes per month. Inventory is up to 162 currently listed homes compared to a 12 month average of 150 homes. Click here to view currently listed homes in Scotch Plains.As inventory grows, demand for homes usually drops. This can help to lower prices and/or lengthen how long it takes to sell a home.Realtors use an analysis called Months of Inventory to evaluate the real estate market. For an explanation of Months of Inventory please click here.In Scotch Plains, there are currently 5....
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By Scott Gleason, Westfield NJ New Homes Specialist
(RE/MAX Select)
Did you ever play with Tonka trucks when you were a kid? Hauling sand in dump trucks to make huge sand castles. Creating moats around your sandcastle with a backhoe. Maybe you extinguished a house fire with your toy firetruck, saving an entire family in the process. Perhaps you chased down the bad guys in your toy police car. Have you ever thought about what it must be like to work in their real-life counterparts? At the Scotch Plains Touch a Truck 2019 event, you and your kids have the opportunity to climb aboard all kinds of trucks, including emergency vehicles.What: Scotch Plains Touch a Truck 2019Where: JCC of Central NJ (1391 Martine)When: Sunday, May 19th, 1 pm to 5 pmAdmission: FREEContact: Caren Goldberg, JCC NJ (908) 889-8800 x236 or via emailScotch Plains Touch a Truck 2019Sev...
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By Wayne Zuhl, The Last Name You'll Ever Need in Real Estate
(Remax First Realty II)
Homeowners and home buyers in Scotch Plains  are smart to learn about the real estate market to help make an informed decision about when to buy and sell a home in Scotch Plains .Here’s what’s been happening lately.Inventory: 26 homes were sold in Scotch Plains in September - 30% fewer than were sold in August. Buyers  still find Scotch Plains real estate very attractive, but a less active market is a good indicator that the fall has arrived. With schools in session, fewer families are thinking of buying or selling a home, and this lull in the real estate market typically lasts for a few months, until early spring. Inventory is up to 160 currently listed homes compared to a 12 month average of 150 homes. As buyers slow down, houses are lasting on the market longer.   You can see from th...
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By Wayne Zuhl, The Last Name You'll Ever Need in Real Estate
(Remax First Realty II)
Homeowners and home buyers in Scotch Plains  are smart to learn about the real estate market to help make an informed decision about when to buy and sell a home in Scotch Plains .Here’s what’s been happening lately.Inventory: 40 homes were sold in Scotch Plains in June - compare to  a 12 month average of 29 homes. An increase in sold homes in Scotch Plains indicates that buyers find Scotch Plains real estate very attractive. Inventory is actually up this month as more sellers realize that this summer is a great time to get their homes on the market. 171 homes were offered for sale in Scotch Plains in June - compared to the 12 month average of 146 homes. You can see from the overall trend line in the graph here that inventory trends downward over the past 6 years. As inventory shrinks, d...
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By Wayne Zuhl, The Last Name You'll Ever Need in Real Estate
(Remax First Realty II)
Homeowners and home buyers in Scotch Plains  are smart to learn about the real estate market to help make an informed decision about when to buy and sell a home in Scotch Plains .Here’s what’s been happening lately.Inventory: 30 homes were sold in Scotch Plains in May- compare to 28 in May, 2017 and compared to a 12 month average of 27 homes. 169 homes were offered for sale in Scotch Plains in May - compared to the 12 month average of 145 homes. As inventory shrinks, demand for homes usually increases. This can help to raise prices and/or shorten the length of time homes are on the market. Prices: Average sale price in Scotch Plains in May was $623,930 - compare to the the 12 month average sale price of $571,918. Average list price in Scotch Plains in May was $697,626 - compare to the 1...
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