Princeton Real Estate Market Report through Q3 2018
Princeton, NJ Residential Tax Appeal
536 Lake Drive, Princeton NJ Home for Sale
Rare Lake Dr opportunity in this sought-after neighborhood of Riverside. Close to the elementary school, the University and downtown Princeton. Bring your hammer and your imagination and you can transform open and spacious home into a new home or simply update and enjoy. Open House this Sunday or Call 609-921-1900 to arrange a private showing.
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Princeton Real Estate Market Update Seminar 3/3/18
Curious as to the direction of the real estate market in Princeton, NJ? Want to know the impact of the new federal tax laws on home prices in the central NJ area? Joshua Wilton, Manager of the Weichert, Princeton office will be answering these questions and more. Join us for this informative seminar on Saturday March 3 at 10:45 am. Seating is limited so please rsvp by clicking here and letting us know. We look forward to seeing you soon.
Princeton’s January 2018 Real Estate Report
It was a light closing month in January with only 12 homes settling.
As depicted in the graphic above the average sales price for homes in Princeton was $1.092 million and the homes that closed took an average of 100 days to settle. (click for a complete list of addresses and prices of the homes that sold in January).
The Princeton sellers whose home closed in January retained 92% of their original asking price. This is a couple of percentage points below the 2017 average.
The most popular model of home sold in January was colonials with 10 of the 12 being that model.
The biggest story in the Princeton real estate market right now is inventory…or lack thereof. The market is in a critical under supply mode. Market conditions favor sellers, especially sellers of homes in the more affordable price brackets.
Here are the latest homes to come on the market in Princeton:
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182 North Street, Montgomery, NJ Home For Sale
A picturesque setting offers a natural wooded lot, manicured gardens on a quiet tree lined street in popular Hidden Estates. This immaculate brick fronted colonial is simply stunning! Exquisite hardwood floors flow seamlessly throughout the home. The beautifully renovated kitchen features stainless steel appliances, granite island and breakfast table. The open plan layout leads to the large family room with an impressive cathedral ceiling and focal brick fireplace. French doors open to the all-season sunroom which offers space for relaxing and dining. The master bedroom features a walk in closet and updated master bath. Three additional bedrooms are spacious and bright. The partially finished basement offers an entertainment space for all to enjoy. Comes complete with whole house generator. Call 609-921-1900 for a private tour.
35 Sergeant St, Princeton, NJ Home for Sale
Rare opportunity to own a unique multi-level townhouse in a great location in Princeton, only 1 mile to downtown or to Princeton Shopping Center. Enter the main floor living room with wood-burning fireplace and large windows for lots of light. Go up one level you will find the “formal” living room (currently used as a sitting area), the kitchen area which has a large eat-in area (currently used as the dining room) with sliders onto a private balcony and the kitchen itself. A half bath is also located on this level. The third floor houses the Master Bedroom (now also used as a sitting area) with en-suite bathroom and large sliders overlooking the yard, two more bedrooms and a full bath in the hall. The lower level of the townhouse has a full unfinished basement and the laundry facilities. A two-car garage with direct entry is located on the bottom level as well. Truly a unique and lovely home. Princeton Schools round out the many benefits of this great property!
17 Miller Circle, Pennington Home for Sale
Wonderful Hopewell Schools and Perfect Location. This fully updated spacious 3 bedroom townhome with high ceilings and recessed lighting offers many amenities and upgrades including beautiful brand new hardwood floor on entire first floor and brand new carpeting on the upper level. Freshly painted in neutral tones. Bright kitchen with top of the range stainless appliances and beautifully installed granite counter tops with an oversize sink, eat in area and fireplace. A sliding door leads to an outdoor patio area. Elegant master bedroom with tray ceiling, a large walk in closet and an additional closet. Master bathroom offers large tub, separate shower and two vanities. At the top of the stairs is an open loft area, fabulous for an office space, area or bonus living space. This home offers a two car garage, parking, community pool and playground. Cal 609-921-1900 to arrange a private showing.
Princeton, NJ Residential Tax Appeal Seminar
Want to appeal your property taxes?
Not sure of the process? Be our guest at our upcoming Seminar on the Residential Tax Appeal process. If you are a homeowner in Princeton or the greater Princeton area you will want to be at this informative seminar. RSVP is required as seating is limited. Click here to reserve your seat. We look forward to seeing you.
Josh Wilton
Manager, Weichert Princeton