RealtorIrene Blogs about Northwestern NJ Real Estate - Hunterdon & Warren: January 2010

Foreclosure sold in Indian Fields on March 2 to first time home buyers enjoying the tax credit!

Update January 29 - An offer was accepted on this foreclosed Indian Fields townhome in Hardyston NJ and a sale is proceeding!

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A second HUGE price reduction on this Indian Fields home for sale. This bank-owned townhome for sale in Hardyston NJ (zip shared with Hamburg NJ, so it may appear as in that town) has had several offers that were rejected. Yes, it needs some work but is far from a dump.

At just $169,900 someone is going to snatch up this in Indian Fields REO home for sale in Hardyston NJ - assuming they consider the points in Want to Steal a Foreclosure - Sussex County NJ? I smell a sale in the works...

Related posts: PRICE SLASHED - Foreclosure Townhome - Indian Fields, Hardyston (Hamburg) - Sussex County NJ Homes for Sale

Foreclosure - Indian Fields, Hardyston, Sussex County NJ - Bank Owned home for sale

Copyright © 2010, Irene Kennedy, all rights reserved. This blog post represents Irene's personal musings.

Considering selling a home or looking to buy a Sussex County NJ foreclosure for sale? Benefit from creative marketing, top negotiating skills and vast real estate knowledge by contacting Irene via the data to the right.

This well-cared-for ranch home for sale in Wantage (Branchville NJ zip code) is a Sussex County NJ beauty. Now priced $10000 less! Wonderful wooded setting might make it the rural vacation home you want. Great location between Route 15 and Route 23 makes it an excellent choice for commuters too.

A great new price more than compensates for whatever little tweaks you decide to make!

Copyright © 2010, Irene Kennedy, all rights reserved. This blog post represents Irene's personal musings.

Considering selling a vacation home or looking to buy a Sussex County NJ getaway property? Benefit from creative marketing, top negotiating skills and vast real estate knowledge by contacting Irene via the data to the right.

Update mid-March 2010: This Frankford NJ ranch home for sale is now professionally staged.

Estate offering this Sussex County NJ ranch home for sale has just reduced the asking price by $5000!  Being sold as-is but the 3 bedroom house in Frankford has been totally redone and is in wonderful, move-in condition! I've never had so much paperwork with a Seller's Disclosure - certification of new septic, water filtration, etc.

And on top of a gleaming ranch home for sale in Frankford-Branchville NJ, you save $5000. How great is that?!

Located right near 3 of Sussex County's lake communities: Culvers Lake, Lake Owassa and Kittatiny Lake, this might make a great vacation home for sale in Sussex County NJ. 11 Worthington Road is about 55 miles from New York City (Manhattan) and even has low-maintenance landscaping, according to the sellers.  It might just be the "county retreat" you have in mind.

Wonderful Ranch Home in Frankford-Branchville - Sussex County NJ - Vacation Property Potential too

Copyright © 2010, Irene Kennedy, all rights reserved. This blog post represents Irene's personal musings.

Selling a vacation home or looking to buy a Sussex County NJ lake community property? Benefit from creative marketing, top negotiating skills and vast real estate knowledge by contacting Irene via the data to the right.

Irene Kennedy, who is a NJ real estate agent with Weichert, Realtors, lives in Sussex County & works from the Hamburg office. Her primary market includes: Augusta, Branchville, Crystal Springs, Frankford, Franklin, Hamburg, Hampton, Hardyston, Highland Lakes, Lake Mohawk, Newton, Ogdensburg, Scenic Lakes, Sparta, Stockholm, Sussex, Vernon, Wantage.

My friend, Sharon Tara, lives far from the homes for sale in Sussex County NJ. Her "key points" apply here too.  Sharon staged a MA home for some relatives, so I know first hand just how well Sharon knows her stuff!

Sometimes those with a home for sale in Sussex County NJ listen to an "outsider" more than they do their real estate agent. Let Sharon's five keys unlock a successful sale for you!

My real estate appointments for the day are done and went well. I spoke to several clients about seeing homes for sale this coming week. Materials for tomorrow's Open House are all pulled together.

My husband Chip isn't here. The house is warm and quiet. I could:

• Start a loaf of the Best Bread Ever;
• Work on the things I learned at RainCamp NY on Jan. 12!
• Follow up on a couple leads.
• Run a load of laundry or three.
• Draft a couple blogs that will solve the world's real estate woes.
• Attempt all the above simultaneously - my usual plan.

But no, not this afternoon. I'm going to grab a non-real estate related book. The paper kind with a spine and covers, remember?  Better yet, make it a novel!

Perhaps I'll be extra wicked and silence my phone...

Irene Kennedy, who is a NJ real estate agent with Weichert, Realtors, lives in Sussex County & works from the Hamburg office. Her primary market includes: Augusta, Branchville, Crystal Springs, Frankford, Franklin, Hamburg, Hampton, Hardyston, Highland Lakes, Lake Mohawk, Newton, Ogdensburg, Scenic Lakes, Sparta, Stockholm, Sussex, Vernon, Wantage.

For the first time, I just pulled together what I believe are a segment of Sussex County NJ's "Hot 10 homes for sale". There are so many great values and bargain prices right now, it was hard to narrow them down.

While a fair number of these are short sales and bank-owned foreclosures (REOs), not all are distressed properties in Sussex County NJ. A few require a lot of work because I have buyers seeking such, but many are in move-in condition. Some are new listings, others ones that recently hit my own value criteria.

My "hot 10 homes for sale in Sussex NJ" are the ones for which I'll suggest my buyers include in our upcoming house-hunting appointments. Given my current buyers' goals, many of these hot 10 are in Sussex County NJ lake communities, including Sparta's Lake Mohawk.  All, however, I view as bargain priced for what is offered.

Not all meet each requirement of those to whom I'll be showing houses in the next week, but I think there is at least 1 each party will insist on adding to our roster! I'm betting some of my buyers will want make offers on these Hot 10 homes for sale Sussex County NJ - Bargain-priced houses!

Copyright © 2010, Irene Kennedy, all rights reserved. This blog post represents Irene's personal musings.

Irene Kennedy, who is a NJ real estate agent with Weichert, Realtors, lives in Sussex County & works from the Hamburg office. Her primary market includes: Augusta, Branchville, Crystal Springs, Frankford, Franklin, Hamburg, Hampton, Hardyston, Highland Lakes, Lake Mohawk, Newton, Ogdensburg, Scenic Lakes, Sparta, Stockholm, Sussex, Vernon, Wantage.

Please join me a bit on Sunday, January 17, 2010 between noon and 3:00 p.m. I'll be hosting an Open House at 11 Worthington Road, Frankford-Branchville NJ. The estate has done tons of work getting this ranch home ready for the Sussex County market.

Estate Sale - 11 Worthington Road, Renovated ranch home for sale Frankford-Branchville NJ has a video link of the interior of this house while:

Wonderful Ranch Home in Frankford-Branchville - Sussex County NJ - Vacation Property Potential too gives the lay of the land. 

Again, Open House, Sunday, Jan. 17 from noon until 3:00. And I'll have details of all the improvements that have been done on the Frankford ranch house for sale!

Hope to meet you there!

Copyright © 2010, Irene Kennedy, all rights reserved. This blog post represents Irene's personal musings.

Considering selling a vacation home or looking to buy a Sussex County NJ getaway property? This is one that you should see. 

Irene Kennedy, who is a NJ real estate agent with Weichert, Realtors, lives in Sussex County & works from the Hamburg office. Irene's contact data is to the right.

Given the great Sussex County NJ ski season, I'm fielding countless questions from potential buyers of Great Gorge Village condos. Some of these homes for sale are Short Sales or Foreclosures. This neighborhood is nestled at Mountain Creek ski resort - a plus - and located within the same complex as Minerals Resort & Spa, I have a Short Sale listed. No wonder so many folks are considering vacation homes for sale in Sussex County!

Back in April 2009, I posted some Great Gorge Village market data that received many, many views. As my current potential buyers deserve an update, I figured I'd one again share with all! Whether you're working with me or even another real estate agent, I believe you should have up-to-date information upon which to base your decisions.

My data and analysis are based on information from the Garden State MLS system.

As of January 10, 2010:

All Great Gorge Village NJ condo units, regardless of size (studios, 1 bedroom and larger)

• Active homes for sale - 59 units with an average list price of $214,040.
• Under Contract - 5 units with average list price of $185,340.
• Sold/Closed within last 12 months - 33 units. Average list was $140,989 but average sold price $131,977. Means sale price was about 93% of asking price (at time of sale, not original list prices). Same List-Sale ratio as April 2009. Quite a few of these sales were distressed - short sales or foreclosures in Great Gorge Village.

2 beds, 2+ baths - Great Gorge Village Interior & end units, 4 & 5 rooms

• Actives - 36 units with average list price of $177,115.
• Under Contract - 5 units with average list of $185,340
• Sold/Closed within last 12 months - 15 units. Average list $170,786, average sold price $162,503. (94%)

End units only - all shapes & sizes in Great Gorge Village

• Active listings - 17 units, average asking $221,952.
• Under Contract - 2 units, average list $184,450. 
• Sold/Closed within last 12 months - 13 end units. List averaged $155,873; sold $144,742. (93%)

 2010 Sold/Closed in Great Gorge Village

None reported as of 1/10/2010.

CONDOs for Sale Vernon NJ, includes Great Gorge Village

I'd be delighted to help you with your Sussex County NJ real estate needs, so please do not hesitate to contact me!

Copyright © 2010, Irene Kennedy, all rights reserved. This blog post represents Irene's personal musings.

Considering selling a vacation home or looking to buy a Sussex County NJ getaway property? Lots of ski condos and other options are available to you. Benefit from creative marketing, top negotiating skills and vast real estate knowledge by contacting Irene via the data to the right.

Irene Kennedy, who is a NJ real estate agent with Weichert, Realtors, lives in Sussex County & works from the Hamburg office. Her primary market includes: Augusta, Branchville, Crystal Springs, Frankford, Franklin, Hamburg, Hampton, Hardyston, Highland Lakes, Lake Mohawk, Newton, Ogdensburg, Scenic Lakes, Sparta, Stockholm, Sussex, Vernon, Wantage.

As Sparta may well be Sussex County NJ's most popular real estate, let's take a peek at some solid market data on home sales. While for this report I haven't broken out Lake Mohawk separately, I often do so when working with sellers and buyers in the area.

In fact, I'm trying very hard to find the right, well-priced Lake Mohawk homes for sale for a variety of potential buyers. As these folks are seeking Sussex County vacation properties, their needs are quite different from those looking for a residence! I'm very determined to help each of these buyers find that right lake home in Sparta. But I digress...

I've based the following Sparta NJ market report graphs on GSMLS data: "Info. deemed RELIABLE but not GUARANTEED."

Average price for home sold in Sparta in 2009 was $440,583.

 Reinforcing what I said about Sparta's popularity, the 2009 average sale price for a Sussex County NJ home was $268,762. Now, there are umpteen reasons to explain the big difference. These are best covered face to face.

Copyright © 2010, Irene Kennedy, all rights reserved. This blog post represents Irene's personal musings.

Considering selling a home or looking to buy in Sparta or another Sussex County NJ area? Benefit from creative marketing, top negotiating skills and vast real estate knowledge by contacting Irene via the data to the right.

Given the number of real estate deals on which I'm currently working in Vernon NJ, I thought it would be interesting for both home sellers and buyer to have an overview of 2009 market data for this Sussex County NJ area. The following include the very popular sections of Highland Lakes and Great Gorge Village, as well as the Vernon portion of Scenic Lakes NJ.

Many of my potential home buyers looking in Vernon NJ are seeking vacation properties, either a ski condo or a lake community home. Despite what some think about a lack of lookers during the winter, I'm showing Vernon's well-priced homes for sale without a slowdown! Well-priced being the key to buyer's interest...

I've based the following Vernon NJ market report graphs on GSMLS data: "Info. deemed RELIABLE but not GUARANTEED."

The average price for home sold in Vernon Township in 2009 was $199,654.

Compared to the 2009 average price for Sussex County NJ - $268,762 - Vernon appears to be a huge bargain. Keep in mind, however, that many of the Vernon sales were small condos, hotel units or cabins in lake communities. Makes a big difference, one which I help all my real estate clients understand.

Copyright © 2010, Irene Kennedy, all rights reserved. This blog post represents Irene's personal musings.

Considering selling a vacation home or looking to buy a Sussex County NJ getaway property? Benefit from creative marketing, top negotiating skills and vast real estate knowledge by contacting Irene via the data to the right. 

Irene Kennedy, who is a NJ real estate agent with Weichert, Realtors, lives in Sussex County & works from the Hamburg office. Her primary market includes: Augusta, Branchville, Crystal Springs, Frankford, Franklin, Hamburg, Hampton, Hardyston, Highland Lakes, Lake Mohawk, Newton, Ogdensburg, Scenic Lakes, Sparta, Stockholm, Sussex, Vernon, Wantage.