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Market Conditions in Hopatcong : Real Estate Advice

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  • Local Info5
  • Home Buying11
  • Home Selling1
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Activity 3
Tue Feb 12, 2013
Sussex County NJ Homes answered:
I wouldn't buy in this area...too much wood burning. https://fortress.wa.gov/ecy/publications/publications/92046.pdf
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Wed Nov 23, 2011
Rick Ambrose answered:
Sales activity of all homes have dropped. The average home price has been declining approx 1% per month for the last 3 years. Waterfront homes tend to hold their values better due to location, however higher taxes assessed on waterfront properties can deter buyers these days.

Quality and value sell in all markets. Presented properly and priced for the current market, homes sell when marketed widely.
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Thu Jan 31, 2008
Marc Paolella answered:
Hi Jen,

The market has slowed a bit and properties are taking longer to rent. This is true throughout the area. There is one really nice building on Route 10 in Succasunna that has to have been vacant for 18 months. And it's brand new! Definitely a slow market right now. If you have any other questions, don't hesitate to contact me through my website. Good luck Jen!

-Marc
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Market Conditions in Hopatcong Zip Codes

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