Aspen Woods in Aberdeen, NJ...why are so many for sale? I was thinking of moving there, but I see that there

Holeshot68
Home Buyer
Monmouth County, NJ

are so many for sale currently.

Answers (2)
Heather Daccurso
Agent
Monmouth County, NJ

Hi,
Aspen Woods is a very nice community. Considering we are in a slow market it is not unusual to have multiple units for sale in the same complex. In the last year 4 units have sold and there are 5 active units for sale. The good news for you is that you can purchase a beautiful newer townhome at a great price. If you need any further assistance please feel free to contact me.

Thanks,
Heather Daccurso
Weichert Realtors
Office: 732-577-0440
Cell: 732-580-5309
Email: heather@heatherdaccurso.com

Tue Apr 28 2009, 17:41
AMBER NOBLE-GAR...
Agent
Marlboro, NJ
FIRST ANSWER

Hey there Holeshot 68:

A lot of folks are interested in Apsen Woods. The townhomes are gorgeous, and centrally located near Route 34.

The challenge with this particular development is that they were initially sold in 2002 & 2003 when the market when home builders and home sellers were able to command high prices from buyers. The taxes were much higher on these particular townhomes as well.

Once the market shifted, and homeowners began to sell their homes in Aspen Woods, a number of the sellers were "upside down" in terms of the amount equity they had left in their homes. This unexpected transition has caused a greater than usual exodus of people moving out of the development. Not to mention the Spring is primetime for listing homes, so that probably has a lot to do with the timing of 5 homes being currently on the market at one.

The potentially big bonus for YOU is that if you decide to purchase a townhome in Aspen Woods in the current market, you'll have the potential to buy a beautiful townhome at a great price. If you decide to purchase in this development, after you become the owner you can then appeal the property taxes next year before the Aberdeen Township deadline. If your appeal is approved (which is likely considering the values of comparable townhomes in the area have dropped significantly), you'll have a much better annual tax.

Please let me know if you're interested in Aspen Woods or any other communities. It would be my pleasure to help you find a great buy!

Best wishes,
Amber


AMBER NOBLE-GARLAND
Waterfront Home Expert & Short Sale Specialist
Weichert, Realtors (Marlboro~ Manalapan office)
455 Route 9 South
Manalapan, NJ 07726
917-723-5645 - cell
732-536-4400, ext 199 - office

http://www.AmberLovesRealEstate.com

"Your Reliable Resource For Monmouth County Real Estate, Local Info & More" -

Tue Apr 28 2009, 12:15

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