Tuesday, September 28, 2010

JUST LISTED! RED BANK CONDO's





These beautiful condos have been completely renovated down to the studs. Everything is new! These 2 bedroom, 1 1/2 bath condominiums provide a mix of modern day style with old world charm. Beautiful granite and stainless kitchens, laundry rooms, wood laminate flooring, exposed beams and architectural details. New paver and bluestone patios accessible from kitchen sliders.




Great Location in walking distance to Broad Street and Riverview Medical Center.










Holmdel Real Estate Update

HOLMDEL YEAR TO DATE UPDATE

Year to date, Holmdel has seen an increase in the properties sold from the same period in 2009. We have had 84 properties close this year versus only 68 during the same period of 2009.

Closed prices ranged from $219,000 at the lowest to $2,045,000 at the highest so far this year, bringing the average sales price at $799,931. In 2009, we saw during the same period, prices varying from $11,000 (for a motor home) to $2,827,882, with an average price of $790,306.

Holmdel currently has 23 homes under contract awaiting closing, ranging in list price from $60,000 to $2,100,000. There are currently 158 homes active for sale in the Multiple Listing Service.

Should you be in the market to buy or sell a home in the Holmdel area, call Leanne @917-596-2772 or Anna @732-371-3233 to obtain the latest information and conditions in the town or to preview available homes.

Monday, September 27, 2010

Septic Systems & NJ Real Estate

In Real Estate, there are many environmental related topics that can complicate the buying and selling process. We have decided to tackle a very big one in the Monmouth County area---Septics!

What is a septic system?

A septic is used for sewage treatment and disposal. The tank is the key component of the septic system. These systems are common in geographic areas that have no connection to a main sewage system that is provided by the local area government.

How it works

Whatever you put into your toilets, sinks & showers flows into the septic tank. The solids settle to the bottom of the the solid concrete tank and are partially decomposed by bacteria to form sludge. The liquids in the tank are floating above the solids, carrying bacteria, viruses and other potentially harmful substances into a soil absorption field which is commonly referred to as a leach field.

Septic System Maintenance

You must have your tank cleaned out regularly so that the sludge and scum don't build up. As a homeowner, you want to avoid build up & clogging of the outlet pipes where the liquids get discharged into the leach fields. Such clogging can cause early and costly failure of the system.

How Often Should you have the Tank Pumped?

It depends on the size of your family, the amount of water consumption and the capacity or size of the tank. For a family of 4 with an updated septic system, it is usually recommended that the tanks be pumped every 2 to 3 years.

Things to Avoid Putting into a Septic System

1) Avoid putting anything in your system that does not decompose or breakdown quickly. Do not flush feminine products, disposable diapers, paper towels or heavy toilet paper either.

2) Avoid heavy cleaners, noxious chemicals, & bleaches. It is adviseable to use organic & bio degradeable products. Avoid powdered detergents & dishwasher soaps. Gels & liquids are advised.

3) Avoid paint, paint thinners, gasoline, motor oil and grease.

Avoiding these mistakes can save and lengthen the life expectancy of your septic system.

When Selling a Home with a Septic

It may be advisable to have your system inspected before selling your home. We usually recommend to our sellers that this small investment of a few hundred dollars is well worth it. Septics that fail or come up as unsatisfactory on an inspection by a potential buyer, have caused many sales contract to fall apart. It does become the sellers' responsibility to deliver the septic in satisfactory condition, and because it is an environmental/health related issue it does give the buyer an "out" if the seller doesn't want to take on the responsibility of the repair. These repairs can be costly and time consuming and can cost a seller any where from a few thousand dollars to up to $30,000. Hence, it is better to know what you are getting into prior to having the home on the market for sale.

When Buying a Home with a Septic System

As a buyer it is the most important inspection that you will run. It is also the most expensive one. Septics are expensive to replace or repair so hiring a reliable inspector is really the first measure to ensuring the job is done right. The buyer needs to obtain permission by the seller to have this inspection performed as they will be digging and poking around on the sellers' property. Utility companies are called into the property for accurate markings of any utility lines running underground near the septic area. Once the tanks are located, opened and inspected a thorough report is delivered based on the inspector's findings. Any repairs, or replacements that need to be done to the system require an engineer and the local townships health department officer for approval before they are repaired.

If you are thinking of selling and your home has a septic, feel free to call us for recommended steps or who to use to inspect your system.

Tuesday, September 21, 2010

Colts Neck Real Estate Update

The Colts Neck Real Estate market had a slightly better Spring/Summer season this year than it did in 2009. Through September 27, 2010 we have had 63 homes close in Colts Neck this year vs. 57 through the same period last year.

Average closed price in Colts Neck for 2010 to date is at $910,987 vs. $848,331 in 2009 which is approximately a 7% increase.

Sold properties ranged in price this year from lowest being $200,500 to highest coming in at $3,200,000. In 2009, lowest closed price was $259,900 and the highest $3,031,000.

Currently, there are 18 homes under contract in Colts Neck awaiting closing. In addition, we have 110 active listings in the Multiple Listing Service with prices ranging from $325,000 to $7,999,999.

If you are considering a move in or out of the Colts Neck market place, call Leanne @917-596-2772 or Anna @ 732-371-3233 to get the latest details on market conditions and availability of properties. If you are thinking of selling, we can provide you with a COMPLIMENTARY COMPARATIVE MARKET ANALYSIS for your home.

Wednesday, September 15, 2010

Fall in Monmouth County

With fall just around the corner....

We are beginning to feel the nip in the air, leaves are starting to show their vibrant colors, and the children have settled themselves back into another school year.

Now that we have packed away the beach chairs and bathing suits let's get excited about fall!

Autumn brings the vibrant colors, sports activities on the weekends, football--of course, and preparation time for the holidays which are just around the corner!

Fall Special Events in Monmouth County:
Make time for the family & try 1 of the following local activities:

1) Buy fall pies and special goodies at Delicious Orchards in Colts Neck or Dearborn Farms in Holmdel

2) Pumpkin Picking & Apple Picking--a kid's favorite--at Eastmont Orchards in Colts Neck or Casola Farms in Holmdel or Colts Neck.

3) Spooktacular Haunted hayrides at Casola farms in Colts Neck and Holmdel

4) Outdoor activities and lots of room for a picknics at the Monmouth County Parks throughout Monmouth County.

5) Theatre productions at Two Rivers Theatre and Count Basie Theatres. Both located in the heart of Red Bank. Schedules available on line at their websites @ http://www.countbasie.ticketsnow.com/
or http://www.trtc.org/index_home.html.

6) Sept 25,2010 Pumpkinfest & Craft Show in Tinton Falls. 10am-2pm at the Hope Presbyterian Church located at 1189 Hope Road in Tinton Falls. They are offering various creative & seasonal crafts & more. For additional information please call 732-571-3378.
Also, on the same date visit the beautiful Deep Cut Gardens in Middletown for their fall plant swap. Event is from 10am-2pm & you can bring your perennials & houseplants in 1 quart, 1 gallon or 2 gallon containers to swap. Visit @ http://www.monmouthcountyparks.com/ for additional info.

7) Sept. 26, 2010 Annual Harvest Home festival at Historic Longstreet Farm in Holmdel Park. This is an old fashioned fair that is running from 11am to 5pm. It is reminiscent of fall celebrations of centuries past. Activities include wagon rides, games, live entertainment, craft demonstrations, and home & garden competitions. Again, visit http://www.monmouthcountyparks.com/ for more information.

And last, remember that Daylight Savings Time ends on November 7th. Fall back your clocks 1 hour.

If you are thinking about moving into the Monmouth/Ocean County or Middlesex County areas, remember to call the team that gets you results! Let us make your move an enjoyable experience. Call Leanne @ 917-596-2772 or Anna @ 732-371 -3233 to get the process started today!