Local Real Estate closings in the last 30 days has been extremely active. Nicolaus T. Juba, Broker Owner of Juba Team Realty, believes that the market is moving quickly because the buyers are starting to realize that the supply / demand ratio has been on the move. A lot of the value driven distressed homes on the market have been recently absorbed and there is now a limited supply of homes to pick from. Many buyers Our Team speak with and work with do not want to miss the limited opportunities still out there. The next shift in the market based on this information is the market will then become more seller friendly with pricing which we see already. We have seen the markets starting to trend upward from lower Morris and Passaic Counties over the last few years and now our local area is now starting to see it here. I attached a list of closed sales prices of homes in Jefferson Township over the last 30 days. Many of these transactions Our Team was involved with. If our team provide any assistance with questions please reach us at (973) 874-0800 or TheJubaTeam.com.
Prices according to the GSMLS.
1) 35 E Elro – $ 28,000
2) 34 Old Woodland Trail– $ 33,250
3) 5 Roosevelt Ave– $ 40,000
4) 1 Oak Road – $ 90,000
5) 634 Route 15 -$118,000
6) 41 Winona Trail– $112,000
7) 22 Mountain Road – $ 177,000
8) 12 Woodlawn Terrace -$ 150,000
9) 9 Edison Road – $ 203,000
10) 116 Schwarz Blvd -$ 199,900
11) 36 Prospect Point Road– $ 205,000
12) 37 Laurel Drive – $ 215,000
13) 103 E Shawnee Trail – $ 234,000
14) 88 N Cherry Road- $ 245,000
15) 3 Cree Trail – $ 263,000
16) 10 Brook Street – $ 260,000
17) 5 Lavina Trail – $ 285,000
18) 68 Woodlawn Terrace – $ 285,500
19) 5321 Berkshire Valley Road – $ 288,500
20) 20 S Cherry Road – $ 290,000
21) 29 Maryann Road – $ 310,000
22) 92 Weldon Road – $ 350,000
23) 16 Country Lake Road – $ 370,000
24) 63 Nolans Point Park Road – $ 480,000
25) 810 White Oak Court – $ 485,000
26) 24 Winding Ridge Road – $ 475,000
27) 55 Mohawk Trail- $ 525,000
28) 109 N Cherry Road – $ 539,900
29) 7 Wood Hollow Trail – $ 615,000
30) 148 Chincopee – $ 1,550,000