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So, Home Buyer in North Trenton, Trenton...

Society Hill- Newark NJ,

Asked by So, North Trenton, Trenton, NJ Mon Jan 26, 2009

how is this community? Any complaints? Is the area safe? I previously was looking for townhouses in clifton but their taxes are to high.

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Answers

10
Hi....I own a 3 bedroom townhouse in this area. I will be interested in selling in a month or so. I will be willing to entertain an offer of around $215,000 if it is a private sale.

So: If you are interested in viewing, please contact me via email to set up an appointment (ali_dianne@msn.com).

To other real estate agents: I am not interested in listing on the MLS, however, if you do have a serious buyer, please contact me. I will be happy to sign whatever agreement is necessary to ensure you get your commission if a sale results from your specific buyer.
0 votes Thank Flag Link Sat Apr 4, 2009
can anyone of you guys send me some comps of society hill's most recent sales?
0 votes Thank Flag Link Wed Mar 11, 2009
Hi S0,

A lot of good answers from the Trulia Community...
I posted a short blog a few days ago on how to get approval for a short sale. You might find it interesting:
http://www.trulia.com/blog/cathy_chaudemanche/2009/01/gettin…

Cathy C.
0 votes Thank Flag Link Tue Feb 3, 2009
Your welcome, So.

Just keep in mind (you might already know), short sales can take forever because of the paperwork involved and the approval process the homeowner's lender needs to undergo. If this is the route you choose to take, you'll need to practice some patience. If a normal sale take 2 to 3 months, a short sale can take a lot longer, even up to six months or more.

Good luck on your home venture.

Carmelo Torres
A Home For Sale Realty
A Premier Statewide Real Estate Agency
http://AHFSR.Com
ctorres@ahfsr.com (http://contact.ahfsr.com)
Web Reference: http://ahfsr.com
0 votes Thank Flag Link Tue Feb 3, 2009
Thank You all for your help. My favorite unit so far is listed at $259,000. It's been on the market for I believe 315 days and the OLP was $299,000. Through my research they've been lowering the price in $10,000 increments every 3 months. Once it hits $249,000 in a month or so, I plan to make a offer of 210,000. My only concern is that the property is a short sale. The property is vacant and I'm hoping I can get lucky. If not, there are a bunch of other units in their which caught my eye.
0 votes Thank Flag Link Mon Feb 2, 2009
I agree witih Marc regarding recents sales in the price range.

I hate to call it a low ball figure, I would rather say an extremely conservative offer. Whatever the case, the offer you suggested is in the lower offer range.

I've attached a couple of links for you to review of past homes that have sold in the community within the past year.

One line anaylsis >> http://newmls.gsmls.com/public/show_public_report_rpt.do?rep…

Full description of homes sold information >> http://newmls.gsmls.com/public/show_public_report_rpt.do?rep…

In the these reports, the initials LP represents Listing Price and SP represents the Sold Price. Also, in the second report, at the bottom of each listing page, CD represents Closing Date (when the transaction closed on the sale of the home).

I'm sure if you are working with an agent, your agent may have already provided you with this info to make a conservative offer on the home you're interested in purchasing. If the information is overwhelming, please accept my apologies. But you can never have too much info these days.

Best of luck.

Carmelo Torres
A Home For Sale Realty
A Premier Statewide Real Estate Agency
http://AHFSR.Com
ctorres@ahfsr.com
Web Reference: http://contact.ahfsr.com
0 votes Thank Flag Link Mon Feb 2, 2009
Hi So,

That would not be a bad offer given the present market. There have been recent sales in that range, so pick the best units and try to get an offer accepted. Good luck!

-Marc

Marc Paolella
Relocation Director
Member, Worldwide ERC
Licensed Realtor NJ
Licensed Appraiser NJ & NY
Century 21 Joe Tekula Realtors
Agent of the Year 2008
Owner: Sands Appraisal Service, Inc.
Phone (direct): (973) 584-4235
web: http://www.marcpaolella.com
0 votes Thank Flag Link Sun Feb 1, 2009
Thank You for your input, I recently went to look at a few units and I loved them all. Now my next question is this, they have a few units that have been on the market for nearly a year in the 240-260 range, what would be a strong low ball offer? They have a surplus of units on the market, and newark has this stigma that people fear which keeps people away, I was thinking about offering $215 any thoughts?
0 votes Thank Flag Link Sun Feb 1, 2009
Hi So,

Being a native of Newark myself, I've seen this area make vast improvements over the past 10 to 15 years.
And developmental improvements continue.

Homes are very affordable, but as Marc stated, when living in urban areas, you just have to keep safety in mind, however, like in many townhome/condo communities, neighbors tend to watch out for each other.

It's a great location in Newark, with public transportation very nearby, the downtown area only blocks away (Broad and Market Street the epicenter of Newark), NJPAC and Prudential Stadium (new home of the NJ Devils), Rutgers (Newark), NJIT, and Essex County College all in the same vicinity.

Also close to major highways, Routes 280 and 21 are both minutes away.

Newark Penn Station also only a few blocks away with trains going to NYC (PATH and AMTrak) and trains going to Central and South Jersey if you don't feel like driving to Atantic City one day.

Beyond the Newark Penn Station location, you have the neighborhood of Down Neck (or Ironbound as some also remember it for historical reasons). This was my neck of the woods so to speak. Lots of great Portuguese, Spanish, Brazilian and other ethnic type restaurants. Also an area with small cafes and shops along the main street known as Ferry Street.

Newark has seen a population boost these last 10 years, so it's obvious that at times you could be burdened with traffic congestion. But in North Jersey, that's typical in most towns.

Hope this information was useful for you and all the best on your home shopping journey.

Carmelo Torres
A Home For Sale Realty
A Premier Statewide Real Estate Agency
AHFSR.Com




In my opinion, Newark's political landscape has vastly improved with a new go-getter type of mayor this city has needed in a long time, has been in office for a few years.
Web Reference: http://contact.ahfsr.com
0 votes Thank Flag Link Fri Jan 30, 2009
Hi So,

Actually it is a very nice semi self-contained community within the older Newark cityscape. It is not gated, but the blocks of townhomes form their own autonomy to an extent. Safety is typical of any urban area. Meaning you have to watch yourself to a degree, make sure the car is locked, etc. The location near downtown and close to 280 is very convenient.

I would take a look if I were you. You can get a nice townhomes for the mid 200's with low taxes. The maintenance is a little high though at $250+/-.

Good luck!

-Marc

Marc Paolella
Relocation Director
Member, Worldwide ERC
Licensed Realtor NJ
Licensed Appraiser NJ & NY
Century 21 Joe Tekula Realtors
Agent of the Year 2008
Owner: Sands Appraisal Service, Inc.
Phone (direct): (973) 584-4235
web: http://www.marcpaolella.com
0 votes Thank Flag Link Mon Jan 26, 2009
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