are good towns in union county over-priced?

Asked by Hemanth Kumar, New Jersey Sun Jul 22, 2007

towns like cranford, berkeley heights , new providence
whats the good and affordable towns in union, morris and middlesex
i am a first time home buyer

Help the community by answering this question:

+ web reference
Web reference:

Answers

5
Deborah Madey, Agent, Brick, NJ
Sun Jul 22, 2007
Hi,

It is a buyers market in many towns. Towns, however, are not overpriced. The offering price of a property is set by the seller, and some sellers set prices high, while others set prices low.

Overall, inventory levels are strong, providing opportunities for buyers to negotiate.

This link will take you to listings in Morris County.
http://newmls.gsmls.com/public/show_public_report_rpt.do?rep…

This link will take you to listing in Union County:
http://newmls.gsmls.com/public/show_public_report_rpt.do?rep…

If you would like the same for Middlesex County, I can send that, too. A more complete source for Middlesex comes from a different MLS, and it is down at the moment.

You can also search on your own at this link.
http://peninsulafirst.idxre.com/idx/search.cfm?ll=1&cid=3705

Let us know how we can help.

Deborah Madey - Broker
Peninsula Realty Group, Inc.
800 973-5855
Web Reference:  http://PeninsulaFirst.com
1 vote
Jeanne Feeni…, Agent, Basking Ridge, NJ
Thu Dec 10, 2009
Hi there Hermanth, many of the most desirable communities in Union County offer the advantage of access to public transportation and well regarded school systems. I've found that with the market corrections, many of the buyers I have worked with recently have been steadfast in their desire to buy a home with access to public transportation and Union County communities offer this. Those communities that also offer great schools and a nice downtown area are in demand.

Of the communities you mentioned, I think that Cranford would be the least expensive. Another community to consider would be Mountainside. In Morris County, I'd suggest Morris Township, there you have the advantage of being close to Morristown, one of NJ's great metropolitan/suburban towns, along with Westfield and Summit. Another Morris County community to consider is Long Hill Township which feeds into Watchung Hills High School (oddly along with Somerset County"s Warren, Watchung, and Green Brook). In Middlesex County, I'd suggest you consider Piscataway and Edison. Depending on your price range, and commuting requirements, there are many options to consider.

If you'd like to discuss further, I'd be happy to provide further guidance.

Best,
Jeanne Feenick
"Unwavering Commitment to Service"
Find success at http://www.feenick.com



Prices have corrected everywhere, including in Union County. What I am seeing is that the "time to sell" is quite brisk in Union County. This reflects the healthy demand due to the factors I mentioned. These very factors will be a positive when you go to sell as well.
Web Reference:  http://www.feenick.com
0 votes
Chris, Home Buyer, New York, NY
Thu Dec 10, 2009
All the towns you listed above have a great school system and that's why it priced so high.

If you need more affordable housing and you don't need great school, then there are plenty of affordable town. Make sure you look at the tax too.
0 votes
Ron, Both Buyer And Seller, Plainfield, NJ
Fri Aug 3, 2007
I live in Plainfield and its great. Schools arent good but their are some really nice neighborhoods and you can easily find a decent size house for $350K or less
0 votes
Jean Doyle, , Mt Arlington, NJ
Sun Jul 22, 2007
Even though it is a buyers market in many of the towns mentioned, if a home is priced well it is still selling quickly. Another important thing to keep an eye on is the taxes. Many towns in Morris and Union counties have a low tax rate and lower taxes. Keep in mind high taxes can really move your monthly mortgage payment up. Let me know if I can be of more help.
0 votes
Search Advice
Search
Ask our community a question
General Area in Cranford Zip Codes

Email me when…

Learn more