Home Buying in Newark>Question Details

Buying this…, Home Buyer in Bloomfield, NJ

Why are there so many townhouses for sale in Society Hill in Newark, NJ? Are these homes priced well? $145k for a 2 bedroom in Newark?

Asked by Buying this Year!, Bloomfield, NJ Mon Jul 22, 2013

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There are 864 units in Society hill and only 18 available 6 of which are Short Sales. 9 others with offers or under contract. So in reality there are 12 units out of 864 that are available for a quick sale. This is not a lot in my opinion especially since they are different types of units ranging from 2 bedroom 1bath to 4 bedroom 3 bath. total of 10 different types of units.

$145k is a good price depending on condition for a 2 bedroom with 2.1 baths. otherwise you can get a 2 bedroom 1 bath for $120k or less.

Society Hill is the most desirable Condo/townhomes in Newark.

Contact me for a complete list of available units and any more info that can help you in your home search.
0 votes Thank Flag Link Tue Jul 23, 2013
Thank you for the information Andrew. Appreciate it.
Another question: Why won't they take FHA loans there?
Flag Tue Jul 30, 2013
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