Several reports out this week indicate that the recovery in the real estate market is continuing, and that buyers continue to be motivated by today’s high home affordability and the fact that owning a home is now less expensive than renting in many areas. In March, sales of existing single-family homes, townhomes, condominiums and co-ops […]

National Prescription Drug Take-Back Day – Basking Ridge

On Saturday, April 30, from 10 a.m. to 2 p.m., DEA and its national and community partners will hold the second National Prescription Drug Take-Back Day at sites nationwide. Addressing a vital public safety and public health issue, National Prescription Drug Take-Back Day gives the public another opportunity to prevent pill abuse and theft by […]

Featured Open Houses

This week’s featured open houses include 14 Village Drive and 384 Penns Way; both properties in Basking Ridge will be open from 1:00-4:00. 14 Village Drive is in Lord Stirling Village – a development of 150 homes, located north of the Great Swamp, just off of South Maple Ave.  The community features a pool and […]

Basking Ridge Community Clean Up Day

Mayor John Malay, in partnership with the Bernards Township Community Service Department and with the assistance of the Police Department, is sponsoring clean up activities to help beautify and enhance Bernards Township. • Date: Saturday, May 14, 2011 • Cleanup site: Interstate 287 ramps • Time: Meet at 8:30 AM for orientation and welcome by […]

Sold in Basking Ridge – last 10 days

Four new happy home-owners in Basking Ridge! 119 Smithfield Court – Spring Ridge condo – listed for $209,000, sold for $204,000 in 53 days 3265 Valley Road – SHORT SALE – listed for $220,000, sold for $188,000 97 Aspen Drive – The Ridge townhouse – listed for $339,000, sold for $335,000 in less than two weeks! […]

New Listing – Lord Stirling Village

There is some exciting springtime activity going on here in Basking Ridge!  The market has absolutely picked up – absorption rates are hovering under 5 months, with less than 3 months in the lower-priced condo market. I listed 14 Village Drive in Lord Stirling Village last week.  This unit is bright and sunny, with many rooms […]

Basking Ridge Little League Opening Day Parade

Basking Ridge Little League plans to mark the commencement of the 2011 season with a festive Opening Day Parade and Ceremony beginning at 9:00am, Saturday, April 23.  It is the 54th year of providing the Little League experience for Basking Ridge youths.   The 2011 Opening Day Parade will consist of nearly 90 baseball teams […]

This week in Basking Ridge Real Estate

Market Activity As I had predicted we are seeing an increase in new listings – finally, given that the weather has been better!  There have been 20 new listings here in Basking Ridge since April 1st and five contract sales in the same time period.  Absorption rate – an indicator of market activity – has fallen under […]

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Understanding The Market

Basking Ridge Market Report

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