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General Area in Newark : Real Estate Advice

  • All317
  • Local Info32
  • Home Buying126
  • Home Selling15
  • Market Conditions10

Activity 13
Mon Feb 18, 2013
Wayne Odenbrett answered:
Rent to own is tricky under any circumstances.
There are lots of pitfalls.
Enter into such an agreement with care.

In the case of Section 8, a portion of the money is provided by the government due to need.
With that in mind, will you qualify for a mortgage down the road?

Also, check with your section 8 representative.
There may be restrctions on such an agreement
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0 votes 1 answer Share Flag
Sun Oct 14, 2012
Mary Petti answered:
DCP,

If McMansions and development housing are not your thing, then Metuchen is a PERFECT place for you.

Check out this page: http://www.bestplaces.net/zip-code/new_jersey/metuchen/08840

Scroll down a bit, then next to "Overview" click any of the highlighted tabs to get more specific information

Older homes with charm and craftsmanship you don't see in newer homes (but don't assume that they are not upgraded with AC, upgraded kitchens/baths and other amenities).
Homes in every price range and size.
Walkable downtown with lovely shops/restaurants some with outdoor seating. (and it is actually Main St).
Most homes walkable to the NYC train direct to Princeton (about a 22 minute train ride to Princeton Station or a 45 minute drive to Pennington).
Close to Route 287, Route 1, GSP, and Turnpike
Small population (about 16,000).
Small schools (only 1 elementary, middle and high school) well ranked in the NJ School report card.
Full service YMCA in town

In town is a local theater showing movies or live shows with local acting. There is a farmers market on the weekend. During the year there is an antique car parade, Metuchen Fair, and other community activities. Close to Roosevelt Park and their outdoor "Plays in the Park" series every summer, fishing, and an iceskating rink.

I would be happy to discuss your needs in more detail. Just give me a call at 908-675-0167 or email me at PruMaryNJ@aol.com for a no obligation discussion.
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0 votes 6 answers Share Flag
Tue Jul 5, 2011
Ibrahim Hughes answered:
Violet - For some reason the "6 month part" didn't come up on my phone. But I checked the multifamilies (2-4 families) on my laptop. As I stated, in the last 6 months the majority of retail sales have been new and newer construction (built post 2000?). Most of them were in North Newark and the Ironbound section. ... more
0 votes 2 answers Share Flag
Fri Jul 23, 2010
Jeffrey Halpern answered:
Maybe the next boomtown. Crime is down, Mayor Booker is an outstanding advocate for it's growth and it is a vibrant city. I would like to see some developers jump into the Newark market to build some brownstones, highrises (with doormen), and affordable housing. It would create a nice mix.
As far as the previous comment, that is why it does not get the recognition. Old perceptions never die they just fade. Visit Newark Jerry and see the difference.
Jeffrey
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0 votes 2 answers Share Flag
Sun Apr 11, 2010
Orin "Jay" Mingo answered:
I have a 2 bedroom apt.in that building for rent, with option to buy, please send me your email address so I can send yoyu more details.
cjhomes4u@yahoo.com
0 votes 2 answers Share Flag
Thu Dec 17, 2009
Anna M Brocco answered:
If you don't have a Realtor, now is the time to call upon a few Realty Offices and interviewing a couple of agents--choose the one you like best. Keep in mind that some short sales do sell above list price--you need to look at recent comparable units in the immediate area in order to come up with an educated offer--after all it is the bank that decides to accept, reject or counter--oftentime there is more than 1 bid--the bank wants to get as much money as possible.

Anna
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0 votes 4 answers Share Flag
Tue Jul 7, 2009
Ivonne Velasquez answered:
There are currently a number of listings in Society Hill at great prices. I just received 2 offers on my listing, am in negotiatons but have been showing my other buyers all the options. You can't beat the maintenance fees of this community and Newarks taxes just make you jump for joy considering the rest of the Garden State.
As a Newark resident myself can tell you that this community is safe, ideally located and enjoyed by its residents. I would be thrilled to send you the available listings and schedule showings for you as well.
Feel free to call or email me drectly at: 973-978-9889 or ivelasquez@jordanbaris.com

Enthusiastically,
Ivonne Velasquez
Realtor / Marketing Specialist
Jordan Baris Realtors, Inc.
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1 vote 8 answers Share Flag
Mon Jun 29, 2009
So answered:
Thanks for your reply Leon, I actually am still looking to buy in society hill, if you have any listings email them to me @ spence0766@yahoo.com. Thank You!
0 votes 2 answers Share Flag
Sat Apr 4, 2009
Dianne Ali answered:
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.
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0 votes 10 answers Share Flag
Sat Mar 14, 2009
George Ratchford answered:
East Orange has quiet a bit of new construction of Townhomes and single family homes.
0 votes 12 answers Share Flag
Thu Aug 7, 2008
Jack Vollenberg answered:
Igor, I'm familiar with both and sincerely hope that you have done some looking around yourself before posting this question here. School information, crime statistics, economic demographics and commuting information are all easy to obtain via the web these days, but miserably fail to convey the true feel of a community. And it becomes even harder to "sell" you on a community without knowing what you're really looking for in a place to live. Matching buyers/renters to the community they have been looking for is an art and is a very involved process not well suited to quick fixes and snappy answers. Find a realtor that you are comfortable with and get their expertise and knowledge working for you to find your "ideal" place to live. Good luck! ... more
0 votes 3 answers Share Flag
Wed Jun 4, 2008
D answered:
As i recall, goring up at 303 (and then 297) lyons ave, 07112, my mom was paying about 250-300 for a large appt over a pair of stores (at 297), When we were at 303, it was a very run down studio behind Eds Farmers Market, and I seem to remember about 150 just before we moved to 297. ... more
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