What’s happening in Basking Ridge, NJ?

8/29/09-9/4/09

The following 4 properties went under contract this past week in Basking Ridge. A little bit of a dip which makes complete sense given the end of the summer season!

37 Woodward Lane, Sociey Hill Townhouse, $304,900, DOM 56
7 Tysley Street, Single Family Home, SHORT SALE, $439,000, DOM 212
36 Hill Top Road, Single Family Home, $450,000, DOM 14
1 Richmond Drive, Patriot Mews Townhouse, $675,000, DOM 196

There are an additional 15 properties that are working through attorney review.

Please contact me if you would like more information about any of these Basking Ridge homes or visit my Basking Ridge real estate website for more information on what has sold each month over the past year.

New to the Basking Ridge market are the following 10 properties:

107 Potomac Drive, $219,900, Spring Ridge Condo
25 Baldwin Court, $239,500, Society Hill Condo
156 Irving Place, $241,000, Society Hill Townhouse
58 Commonwealth Drive, $274,900, Spring Ridge Condo
193 Irving Place, $329,000, Society Hill Condo
129 Village Drive, $383,000, Lord Stirling Village Townhouse
16 Fairbanks Lane, $548,000, The Barons Townhouse – one floor living
43 Cannon Court, $699,000, Hamilton Ridge Townhouse – completely updated
2 Hartley Lane, $799,999, Single Family Home in the Hills
19 Morrison Street, $920,000, Single Family Home

As of this morning there a total of 203 listings showing active in Basking Ridge in the MLS. With 41 going under contract in the last 30 days, Basking Ridge market absorption is 4.95 months -not much different from last week, which again, makes sense given the season.

Please contact me if you would like more information about any of these Basking Ridge homes or visit my Basking Ridge website to sign up for listing alerts in and around Basking Ridge.

Have a wonderful Labor Day weekend, the weather is supposed to be gorgeous!LBI 033

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Jennifer Blanchard

Jennifer Blanchard is a Top Producing real estate agent in Basking Ridge with over 20 years of experience. She would love the opportunity to discuss any real estate questions you have.

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