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Author Archive
Where are all the houses for sale in our NJ Midtown Direct Towns?
Categories: Buying a home in this market, Market Updates, Stats & forecasts
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After a year or more of waiting and watching the New Jersey real estate market, many homebuyers in our trainline towns of Summit, Millburn, Short Hills, Maplewood, and Chatham, are ready to buy a home, hoping to take advantage of depressed prices, low interest rates, and a federal tax credit that expires this summer. But many would-be buyers are facing an unexpected concern; not enough homes for sale and high demand for many that are available. Properties below $700,000 are hardest to find; and the most desirable of those, in good condition and reasonably priced, are generating multiple bids within days of going on the market.
What we have is the “perfect storm, increased demand and decreased supply.”
But now that many buyers seem to be gaining confidence in the market, homes are in short supply, because homeowners who don’t need to move are waiting for the market to turn and drive up prices.
Prospective buyers, however, are motivated by the federal tax credit, which was extended and expanded last year to include homeowners as well as first-time buyers. To qualify, buyers must enter into a deal to purchase a home before May 1 and complete all the paperwork before July 1. Read the rest of this entry »
From Millburn Ave to Main Street in Chatham, I’m still home.
When I moved to Chatham last year from Short Hills, it felt like I was moving to another country, yet it is only one town over! I was used to Millburn Ave, not Main Street! and I swear the leaves on the trees were a duller shade of green. After 25 years of living in Short Hills, I was “a woman without a neighborhood,” homesick and lost.
What I’ve come to learn, is that the Summit, Chatham and the Short Hills areas are more closely connected than I ever realized. It just took a personal move to find out.
Why the change in attitude?
Recently I had opportunities to dine at two local Chatham restaurants; Gregorio’s and Scalini Fedeli. Both are on Main St, within walking distance to everything in town, a convenience I love.
Gregorio’s can get really busy, so be sure to get a reservation and bring your own wine which I always consider a plus. A few other local hot spots on Main Street and not to be missed; Seranade , fine dining to perfection. A Taste of Asia is Malaysian cuisine. For those who don’t know what that is, it’s a mix of Chinese and Thai food. Yum! Chatham of course has a Japanese restaurant. Mitsuba . I’ve been to my fair share of sushi places. This might be one my favorites of all times!
Maplewood Jitney in Millburn’s Wyoming Section?
Categories: Communities, Commuting Info, Maplewood, Millburn-Short Hills
Comments: 1 Comment »
Great news for commuters to NYC who live in the Wyoming Section of Millburn! As of January 1st, Maplewood ’s jitney service has added the Jitney Extention taking residents in the Wyoming section to and from the Maplewood train station in the early morning and during rush hour . These Jitney Stops will coordidate with the MidTown Direct rush hour train schedule. For those of you that are new to the area, the Wyoming section is a stones throw from the Maplewood border. This is a great thing for Millburn commuters giving you one more option. Much of the Wyoming Section is also walking distance to the Millburn Train Station.
The Wyoming Section is the area from the South Mountain Reservation- its Western border ( many homes on Sagamore back to the reservation), running east to Glen Avenue along the train track. Millburn Ave is the southern border, and Maplewood is the northern border.
Homes in the Wyoming Section range from the 400’s in the area between Wyoming and Glen Ave, up to the 1.5M range, between Wyoming Ave and the South Mountain Reservation. Its an extremely sought after area with the Millburn Township Schools, the highest rated public schools in NJ, and walk to both Maplewood and Millburn town centers. The Sue Adler team’s recent Wyoming Section sales include: victorian and mid century modern homes on Sagamore with gorgeous NYC views, a newer home on Myrtle Ave, and a tudor on Pine St www.sueadler.com/43pine in the Wyoming Section.
Our famous friend and blogger Rob Hahn lives in the Wyoming section. If you are interested in heated real estate discussions, Rob’s blog is addictive and you will see Sue’s “feisty” side with her comments.
Interested in getting tours of our train line towns? Give The Sue Adler Team a call! (973)464-9129
Where The Boys Are
Where The Boys Are
By Robin Benjamin, Buyer Specialist – Sue Adler Team
In my last blog I “sang” The times they are a changin’.” In this one, it’s “Where The Boys Are.”No, I’m not going through a mid-life crisis, or reminicing about the “good old days.” While the nation debates school vouchers and the decline of public education, I’m reflecting on the kids that graduate from the Millburn/Short Hills school system. Not only has our system been rated as one of New Jersey’s best, but most of our kids graduate with something that only a great educational environment can provide. Character. As a mother of two Millburn graduates – one a scholar the other a scholar/ athlete, but neither perfect – I constantly see proof of this character as I run into kids I’ve known for years. Good kids. Polite kids. Confident kids. And often very loyal kids.
On a recent foray into NYC to watch a football game with my youngest son, a Penn State graduate, I dreaded sitting by myself in his favorite pub. That dread soon turned to joy as Read the rest of this entry »
The Times They Are A Changin- walkability rules!
Categories: Buying a home in this market, Chatham, Communities, Commuting Info, Livingston, Madison, Maplewood, Millburn-Short Hills, South Orange, Sue's Picks, Summit
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Post by Robin Benjamin – Accredited Buyer Representative – Sue Adler Team
But I’m not talking about political “change.” I’m talking about a change that is more subtle, yet in some ways just as important.
Home buyers want to be connected again.
“With gas prices going through the roof, buyers want homes closer to where they work, local stores, and public transportation. Not only are walkable homes smart investments in an age of $4 gallon gas, they’re better for your waistline (people in walkable neighborhoods weigh about 7 pounds less) and they’re better for the planet.”
Well, I don’t know whether it’s the price of gas, global warming, or just wanting to get into a size 6, but a growing number of my clients in Millburn/Short Hills, Summit, Maplewood, South Orange, Chatham & surrounding New Jersey towns are longing for the benefits of community, and the four listings that follow are “walkable” properties especially for them.
www.sueadler.com/11PineTerraceEast Short Hills, and www.sueadler.com/227Tillou South Orange, and more are coming soon!
The only thing my clients are probably not longing for, is seeing me strolling along in their “walkable” town, wailing out protest songs from the 60s.
Hey, at least I’ll be in a size 6!
The Trophy Kids
Mom and dad, get ready. You’re about to be blamed for something else.
The Millennial Generation. (Where did generations X,Y and Z go?)
According to an article in the Wall Street Journal, “The Trophy Kids Grow Up: How the Millennial Generation Is Shaking Up the Workplace,” kids born between 1980 and 2001 are entering the job market and causing all sorts of problems. Read the rest of this entry »
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