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Andrew J. Lenza, Weichert Realtors

Serving Middlesex, Monmouth and Ocean Counties and can refer you throughout New Jersey and the United States.
Why You Need To Hire a Holmdel, New Jersey Real Estate Broker Who Deploys Social Media to Find Opportunities!

Behind the oil furnace of 83 Woodward Avenue lay a corner so sooty, cob-webbed and musty we rarely dared to crawl back there.  My father forbade it, said we risked getting jammed or worse -- forgotten.  Today, it's still the scariest place I've ever experienced, right underneath the dining room floor boards the rubber toes of our Converse sneakered feet barely scraped.

But if you were playing Hide-and-Seek against four siblings and the day's Champion won an extra helping of Cool Whip and raspberry red Jello, then you crawled back there. You curled up in a small ball, scraped your elbows against the concrete foundation and tried not to smell cat pee.

You heard feet rustle outside the room, the damper lid clank up and down when the oil-sucking behemoth chortled, dipping its iron beak into the tank line. 

Then silence.  

They stopped looking for you.  Too creepy.  An hour later you crawled out of that hole victorious. 

How My Childhood Memory Relates to Real Estate Today

For the naysaying real estate agent Social Media is the ominous furnace that swallows children.

The knock on Facebook, Twitter, Linked-In -- these are just fanciful Internet games real estate agents indulge in to avoid earning the old fashioned way.  Frivolous portals the lazy and shiftless wile away peak work hours.

Not so.  I can't imagine how one would succeed in Holmdel New Jersey real estate without these tools. 

What is the daily goal of a salesman?  To book appointments.  There's no wrong way to book appointments.  It took me a few years of selling real estate to exit the "Hiding" phase and enter the "Seeking" phase.  Finding buyers, finding sellers, finding referrals, finding properties. That's what real estate agents do.  

We find.  The seller instructs us to "find" a buyer. The buyer instructs us to "find" a bargain.  

Realtors without an Internet presence aren't even in today's digital Hide-and-Seek.  Remember the stakes are bigger than an extra scoop of aerosol cream.

Forty three percent of Internet users who accessed my latest Virtual Access Tour for a Sleepy Hollow Freehold Township MLS Listing were referred by Internet applications I use to interact with

my personal network.

Social media outlets empower savvy Realtors to maximize the old adage:  It's who you know.

The other 57% of homebuyers who accessed the tour came from behind the furnace: the scary, strange hole we call the Internet.  We're in it right now.  You don't know me and I don't know you.  

Yet.

You're hiding.  I'm seeking, but we should really be on the same side -- finding the next buyer if you're a seller.  Finding the next bargain if you're a buyer. Wait, that's too generic. Finding the right Holmdel home for sale that qualifies for the $8,000 federal tax credit if you're a first-time homebuyer. 

Okay, Mr. and Mrs. Consumer (let's say your name is Frank or Lisa) you can come out now.  I knew you were back there all along, but unlike my backwards competition I'm not afraid to find you. At least you won tonight's Jello.  Lucky you.  Word upstairs is Mom's baking her world famous fruitcake for tomorrow's dessert.  I call dibs on the attic hiding spot.

  • Click here to preview Holmdel New Jersey houses for sale under $1,000,000. Call me for additional information on any of these Holmdel MLS listings.

 

E-mail Andrew at alenza@weichert.com or call me on my Mobile (732) 580-0822. 

Andrew J. Lenza, ABR GRI MBA Broker Associate

Weichert Realtors, 43 East Main Street, Holmdel New Jersey 07733. Office (732) 946-9400 Extn. 223

(c) Copyright, 2009. Andrew J Lenza

 


 

Holmdel New Jersey Homes For Sale: Holiday Tips for Sellers!

De-clutter" does not mean "de-personalize."

Staging a Holmdel, New Jersey home for sale during the Holiday season is a great opportunity to dispel some myths.  Often, when I list a seller's home they ask me: "Do I have to pack away all my family pictures, trophies and memorabilia?"

Of course not.  The buyers want to experience the same positive aura you enjoy in your home.  The trick is to find a balance, especially during the holidays.

So here's a simple rule.

If you empty a box of ornaments, then fill the same box with your year-round chatcka's. This way you won't overwhelm buyers with stuff when they enter the foyer.

I suggest to keep corners and nooks devoid of items.  Corners collect our social debris. Buyers need to visualize how their belongings are going to fit inside your Holmdel home.

Clutter, chaos and mayhem will send a subtle message that your house is small and unmanageable.  Your Holmdel, New Jersey MLS listing for sale is competing with other properties, so it must shine to attract the successful buyer.

The key is to decorate in a way that won't turn off buyers. The following tips will help Holmdel sellers succeed:

  • Too many decorations mask a home's selling points: architectural details, condition, location and price.
  • Avoid too many personalized decorations. The goal is for buyers to visualize themselves celebrating the holidays in the home.
  • Choose an elegant, neutral palette of fresh greens, silvers and golds, and classic whites. Avoid too much red and green.

Take down decorations within two weeks after the holidays.

Don't forget to keep walkways clear. In a few weeks I'll blog about safety-proofing your Holmdel home before putting it up for sale and into the Monmouth County MLS system.

If you're thinking of selling your Holmdel home, please give me a call at (732) 946-9400 Extension 223 or E-MAIL ME.

Andrew J. Lenza, ABR GRI MBA Broker Associate
Weichert Realtors, 43 East Main Street, Holmdel New Jersey 07733
Office (732) 946-9400 and Mobile (732) 580-0822

(c) Copyright, 2009. Andrew J. Lenza, All Rights Reserved

Dear Holmdel New Jersey Real Estate Seller, Is Your MLS Listing Dead on Its Feet?

I term it listing fatigue.   There's a point of Dimishing Returns to every unsold Holmdel, New Jersey house sale.   Some Realtors call it overpriced or stale.

The condition is worse.  The once "hot" Holmdel MLS listing is now "not."

Eventually your home turns invisible to the potential buyer.  Consider that almost 20% of the single family homes for sale in the Monmouth and Ocean County Multiple Listing Service (MLS) have been on the market for six (6) months.

That represents 800 of the 4,000 houses for sale in the Monmouth County MLS system.  For those sellers languishing, the listing is dead on its feet.  The "For Sale" sign blurs into the landscape. 

Increased advertising won't necessarily increase the number of showings.  Bear in mind that multiple "small" price reductions will stigmatize your property.  Ask the Roman Emperor Caesar.  The Senators killed him with a hundred nicks before Brutus delivered the fatal blow.

So what should you do?  Go back to the beginning when you first signed the listing agreement.

  • Did your listing broker prepare a punch list of improvements on how to increase the home's marketability?
  • Is your home exposed on the Internet?  The Internet casts a far wider net for buyers than www.Realtor.com.  That's the basic platform.  Is your home listed on www.Trulia.com?  Did your listing broker post a specific blog highlighting all the wonderful features of your home?
  • I use a Point2Agent site that allows me to syndicate the listing ad and send the photos and captivating description to over thirty sites.  You can find me at www.andrewlenza.com.
  • Did your listing broker attach a Virtual Tour to the Internet listing?  I use a fantastic local company called Virtual Access Tours that produces quality, eye-catching digital presentation.
  • Did your listing broker effectively advertise the public Open Houses, including flyers or postcards to the neighborhood, Internet listings, signage and an e-mail blast to other Realtors?

This is just the beginning of my triage -- an urgent, impassioned Marketing Plan to drive the droves of hungry buyers to your Holmdel, New Jersey 07733 home for sale.

I've counseled some home sellers to remove the home from the market.  Let the house breathe.  Then perform another punch list.  Bleach and fresh paint are cost-effective (read cheap) ways to liven up a dead listing. Decluttering and staging the home are two proven methods to recapture your home's WOW factor.  Seek out new venues of advertising. Don't forget curb appeal.  It is a critical feature to selling your home.

Check out the full Monmouth County Association of Realtors listing and Virtual Tour here.

If you need assitance selling your Holmdel, New Jersey house or real estate, please call me at (732) 946-9400 Extension 223 or email me at alenza@weichert.com.

Andrew J. Lenza ABR GRI MBA, Broker Associate
Weichert, Realtors
43 East Main Street, Holmdel N.J. 07733
Office (732) 946-9400 Extn 223
Mobile (732) 580-0822

www.andrewlenza.com

Weichert, Realtors ... Yellow i$ the New Green

Neighborhood Focus on Sleepy Hollow, Freehold Township New Jersey 07728

If you're driving down Elton-Adelphia Road late at night and a shadowy visage appears on horseback you may have wandered into Sleepy Hollow.

Tough to avoid reading Washington Irving's Legend of Sleepy Hollow growing up and not seeing the Headless Horseman behind every maple in the park at night.  Then came along Johnny Depp, Christina Ricci and Christopher Walkin on the silver screen and I got scared a second time.

But somewhere in between the book and the movie ground broke in Freehold Township, New Jersey and the peaceful, sedate Sleepy Hollow section of Freehold NJ (or subdivision) was born. Most Sleepy Hollow homes were built during the late 1960's and early 1970's.  Sleepy Hollow encompasses a variety of "drives" notably:

  • Coachman Drive South
  • Coachman Drive North
  • Hampton Drive 
  • Heritage Drive
  • Old Post Road
  • Portage Drive
  • Woodstock Place.

What type of homes were built?  A mix of Split levels, Dutch Colonials and center home Colonials.  The model names harken right out of literature:  The Katrina, Van Tassel's Castle, Baltus, the Washington Irving.

How big are Sleepy Hollow Freehold NJ Houses for Sale?  On the lower end 2,800 square feet and on the upper end 3,800 square feet. The Sleepy Hollow development of Freehold NJ is zoned Residential R-25.

How much do these Freehold New Jersey Homes For Sale cost?  List prices vary from the low $400,000's to the mid $500,000's.  Currently there are six (6) Freehold MLS listings for sale located in the Sleepy Hollow neighborhood, including our current Weichert Realtor offering.

Buying or selling a home in Sleepy Hollow or perhaps you're interested in general information for Freehold New Jersey 07728 real estate? Please contact Andrew today. We can discuss buyer information for the area as well as me representing you as a Buyer's Agent.

Call (732) 946-9400 or E-MAIL ANDREW.

  Andrew J. Lenza, ABR GRI MBA  Broker Associate

Weichert Realtors, 43 East Main Street, Holmdel New Jersey 07733

Office (732) 946-9400 and Mobile (732) 580-0822 

 (c) Copyright, 2008. Andrew J. Lenza, All Rights Reserved
What is the cost of a buildable lot in Colts Neck, New Jersey? Land Value

What is the cost of one buildable lot in Colts Neck, New Jersey (zipcode 07722)?

It's been a long time since a real estate broker could say "dirt is cheap."  Consider that developers were buying one acre (that is the minimum size in Colts Neck) for $700,000 to $750,000 at the apex of the market.

Colts Neck land values, like every other real estate investment, are affected by location.  One offering today boasts a 1.25 acre lot on a cul-de-sac that backs up to a farm for $445,000.  Another parcel measuring 4.7 acres is offered at $699,500.

Now consider in New Jersey for a landowner to qualify for a farm (lower property taxes) that a minium acreage consists of five acres.  If you'd like additional information on Colts Neck land values (closing sales) and current prices, please call me at (732) 580-0822.  Or email me at alenza@weichert.com.

Call (732) 946-9400 or E-MAIL ANDREW.

  Andrew J. Lenza, ABR GRI MBA  Broker Associate

Weichert Realtors, 43 East Main Street, Holmdel New Jersey 07733

Office (732) 946-9400 and Mobile (732) 580-0822 

 (c) Copyright, 2008. Andrew J. Lenza, All Rights Reserved

 

Matawan NJ Real Estate Short Sale Report

There are sixty three (63) Matawan NJ homes for sale, of which eight (8) are listed as bank short sales.  That is 13% of Matawan NJ real estate inventory.

These bank-owned properties range in list price from $229,000 to $849,000.  Many are reduced in sales price.

  • Three bedroom, two bath Colonial built in 1908 listed at $229,000.
  • Two bedroom, one bath Ranch listed for $285,000 and reduced to $240,000.
  • Three bedroom, one and ½ bath Cape listed for $289,000 and reduced to $250,000.
  • Four bedroom, two bath Ranch built in 1943 listed for $329,900 and reduced to $299,900.
  • Three bedroom, two bath Ranch built in 1973 listed for $379,900 and reduced to $369,900.
  • Five bedroom, three bath Colonial built in 1970 listed at $440,000.
  • ***New Construction*** Six bedroom, 3 and ½ bath Colonial built in 2007.  Originally listed for $575,000 and reduced to $569,000.
  •  Four bedroom, four+ bath Custom Colonial on Lake Efferts and two acres. Listed at $849,000.

A short sale purchase may not be for everyone.  It's quite different than a regular residential resale.

A buyer's agent is critical to a successful negotiation.  We advise buyers on local property values.  We assist in preparing the bid package. Click here for tips on buying a Matawan home for sale.

If you'd like to be notified of all NEW Matawan NJ real estate SHORT SALES, then shoot us an e-mail with your contact information. Call (732) 946-9400 or E-MAIL ANDREW.

  Andrew J. Lenza, ABR GRI MBA  Broker Associate

Weichert Realtors, 43 East Main Street, Holmdel New Jersey 07733

Office (732) 946-9400 and Mobile (732) 580-0822 

 (c) Copyright, 2008. Andrew J. Lenza, All Rights Reserved
Aberdeen NJ Real Estate Short Sale Report

The good news is that home sales have increased for the last three months in the Northeast.  The bad news is the economy continues to trudge along. Our next financial tsunami to contend with?  Beware of massive defaults on commercial real estate loans. 

But that is another blog.  Still, if you're a qualified buyer who can get credit, not a bad time to throw a bid on the roof of a house and see what shakes out the bottom. 

Where are today's Short Sales in Aberdeen NJ real estate?

I estimate four (4) homes are in pre-foreclosure.  No, I will not list the addresses. You'll have to call the office for information.

(a) Three bedroom Ranch in Cliffwood Beach built in 1955 for $169,900. 

(b) Three bedroom Ranch built in 1974 for $234,000 (updated).

(c) Three bedroom Colonial built in 2004 (again in Cliffwood Beach) for $285,000.  

(d) Four bedroom Cape with basement built in 1952 for $325,000.

Do you want to know my BEST DEAL FOR SALE in Aberdeen New Jersey real estate? Then call me at (732) 946-9400 or E-MAIL ANDREW.

  Andrew J. Lenza, ABR GRI MBA  Broker Associate

Weichert Realtors, 43 East Main Street, Holmdel New Jersey 07733

Office (732) 946-9400 and Mobile (732) 580-0822  

 (c) Copyright, 2008. Andrew J. Lenza, All Rights Reserved

The fifth home is advertised as a "possible short sale."   

 

 

Ready to Buy one of the Matawan New Jersey Homes For Sale? The Three Magic Keys and the Missing $700,000!

Ready to buy one of the Matawan, New Jersey homes for sale?  There are six homes for sale on Broad Street alone.

Perhaps you're motivated by the best deal possible, you know - the price you just can't walk away from. You want the screaming buy!  Successful buyers make their own opportunity.  It's not stocked on a shelf. 

 Where do we go after you call ANDREW J. LENZA REALTY?  We find sellers who haven't seen a buyer since the last time King Tut rode a camel. 

Look Past a Month and a Half

I believe a home should sell in forty five (45) days if the Three Magic Keys fit the front doorknob:

  1. The home is right priced at market value.
  2. The home is in excellent shape and shows well.
  3. The home is in a superior location.

If a home doesn't sell in forty five days?  Starts to stink like Uncle Hank's used floss collection.  Why?

Most buyers are attracted to the HOT listing, the newbie - especially if they've seen all the other homes and passed.  Plus, they get tired of looking and if a new listing hits the Three Magic Keys I described, then the buyers and their real estate agent prepare an offer.

But the COLD listing languishes.  No amount of advertising can bring the corpse back to 98.7 degrees Fahrenheit.  Get out the meat cleaver and start chopping dollars.

 Analyze and Atomize

There are forty (40) Matawan New Jersey homes for sale listed over 45 days.  The average amount of time on market?  Four months.  Few "new" buyers are touring these homes, in my opinion. 

The sellers of these properties have already lopped off a collective $700,000 in "price."  Actually, they lowered their unrealistic expectation by seven hundred grand.  My blog title misled you?  Sorry, there is no missing $700,000.  

Remember that you, the buyer, determines price.  The real price appears on the closing statement. 

Creating Your Opportunity

So as your buyer's agent we visit the old inventory and start looking for those Three Magic Keys.  I'll save the rest for my next blog or you can call me for an appointment.

Do you want to know my BEST DEAL FOR SALE in Matawan New Jersey real estate? Then call me at (732) 946-9400 or E-MAIL ANDREW.

  Andrew J. Lenza, ABR GRI MBA  Broker Associate

Weichert Realtors, 43 East Main Street, Holmdel New Jersey 07733

Office (732) 946-9400 and Mobile (732) 580-0822  

 (c) Copyright, 2008. Andrew J. Lenza, All Rights Reserved
Time to Buy a Strathmore Homes for Sale in Aberdeen NJ Real Estate? January to July 2009 Market Report

We continue to see buyers for Strathmore homes for sale Aberdeen NJ real estate.  Strathmore is a Levitt sub-division.  The following Real Estate Market Report details Strathmore homes for sale between 1/1/2009 and 7/15/2009.  So far this year twenty four (24) Strathmore homes for sale sold for an average $353,204. If you're buying a Strathmore home, how much should you offer?

BREAKDOWN BY NUMBER OF BEDROOMS

How much did an average three (3) bedroom Strathmore home sell for?  $338,700

Address

# Bedrooms

Sale Price

14 Courtland

3

 $    290,000

4 Idlewild

3

 $    305,000

75 Idlebrook

3

 $    317,000

11 Imperia

3

 $    317,000

39 Imbrook

3

 $     317,500

27 Idolstone

3

 $    325,000

119 Ivy Hill

3

 $    333,000

49 Idaho

3

 $    337,500

114 Deerfield

3

 $    343,000

21 Island

3

 $    355,000

11 Woodman

3

 $    360,000

17 Ingram

3

 $    375,000

58 Ivy

3

 $    382,000

36 Waverly

3

 $    385,000

 

Average

 $   338,714

  How much did the average four (4) bedroom Strathmore home for sale close?  $353,000

Address

# Bedrooms

Sale Price

30 Courtland

4

 $    253,000

94 Warren

4

 $    300,000

314 Charm

4

 $    337,500

24 Drexel

4

 $    385,000

234 Claire

4

 $    390,000

31 Waverly

4

 $    392,000

17 Inwood

4

 $    415,000

 

Average

 $   353,071

Three five (5) bedrooms sold for an average of $420,800.

2009 VERSUS 2008

How does this year compare with last?  Besides real estate agents making less money ;)

Twenty five (25) Strathmore homes for sale sold last year for an average $379,900.  This year's decline in prices equates to a fall of  8% approximately.  Not bad considering the recession. 

Are you interested in buying or selling Aberdeen NJ real estate?  Then please call us.

  Andrew J. Lenza, ABR GRI MBA  Broker Associate

Weichert Realtors, 43 East Main Street, Holmdel New Jersey 07733

Office (732) 946-9400 and Mobile (732) 580-0822 

 (c) Copyright, 2009. Andrew J. Lenza, All Rights Reserved

 

 

 

How to Buy an Aberdeen NJ Home or How Much Should You Offer the Seller?
Okay, you're ready to purchase Aberdeen NJ real estate.  How much should you offer the seller?  Your friends and family advise you to "offer low" to take advantage of the recession. 

Few people know how much the seller will accept before submitting an offer.  If you were the seller would you undermine your own cause?  Often the seller doesn't know until the offer is tabled and if the listing agent is privy he/she cannot forfeit that information without signed permission from the seller.  Client confidentiality is not a service the listing broker provides; it is mandated by New Jersey state law.  

So how much should you bid to receive the elusive discount, defined as the average closing sale price LESS than the original list price for Aberdeen NJ real estate?

I use original list price; this was the first price advertised on the first day of the listing.  To use the "last" advertised price that may include price reductions will color the number towards the seller.

I analyzed all the closing sales in Aberdeen NJ homes so far.  Consult the following table for the detailed list of Aberdeen NJ single family home sales, which includes the Strathmore sub-division.

CHECK THE BOTTOM OF THIS BLOG FOR THE AVERAGE BUYER'S DISCOUNT.

StyleAddressClose Sale Price Original List Price  Discount Days on Mkt.
Cape53 WAYSIDE DR$85,000  $              189,000 -122%108
Cape811 SHORE CONCOURSE$110,000  $              129,000 -17%16
Ranch39 LAURELHURST DR$168,000  $              194,900 -16%95
Ranch930 WOODMERE DR$174,000  $              209,900 -21%213
Cape804 SOUTH CONCOURSE$174,900  $              190,000 -9%41
DutchCo170 CLIFFWOOD AVE$184,750  $              183,750 1%20
Colonial267 JETER ST$190,000  $              244,900 -29%125
Bi-level109 COUNTY RD$192,000  $              179,900 6%44
Cape1142 WOODMERE DR$205,000  $              239,900 -17%23
Cape297 EDGEVIEW RD$210,000  $              240,000 -14%128
Ranch993 N CONCOURSE$210,000  $              238,000 -13%143
Ranch315 ELMWOOD DR$215,000  $              249,000 -16%105
Ranch192 RARITAN ST$215,000  $              239,000 -11%36
Ranch1058 WOODMERE DR$224,500  $              229,900 -2%27
Cape956 GREENWOOD AVE$230,000  $              239,900 -4%39
Colonial13 STEMLER DR$247,500  $              269,000 -9%41
Ranch241 W PROSPECT AVE$249,000  $              249,000 0%22
Colonial30 COURTLAND LN$253,000  $              269,900 -7%25
Ranch*464 CLIFFWOOD AVE$255,000  $              289,900 -14%168
Cape468 GARDEN PL$255,000  $              295,000 -16%229
Colonial34 W CONCOURSE$269,900  $              269,900 0%105
Ranch363 SWEETBRIAR ST$284,000  $              289,900 -2%23
Colonial207 LOWER MAIN ST$290,000  $              309,900 -7%31
Ranch14 COURTLAND LN$290,000  $              329,900 -14%216
Colonial24 TEXAS RD$299,000  $              299,900 0%9
Cape94 WARREN DR$300,000  $              349,900 -17%201
Cape451 ATLANTIC AVE$300,000  $              314,900 -5%149
Ranch*4 IDLEWILD LN$305,000  $              369,900 -21%162
Custom121 W CONCOURSE$310,000  $              319,500 -3%33
Cape367 BEVERLY DR$310,000  $              349,900 -13%100
Ranch11 IMPERIA PL$317,000  $              350,000 -10%104
Ranch75 IDLEBROOK LN$317,000  $              315,000 1%15
Ranch39 IMBROOK LN$317,500  $              339,900 -7%32
Colonial27 IDOLSTONE LN$325,000  $              349,900 -8%112
Colonial48 STEMLER DR$325,000  $              349,000 -7%16
Ranch119 IVY HILL DR$330,000  $              359,900 -9%46
Bi-level314 CHARM CT$337,500  $              414,900 -23%113
Ranch49 IDAHO LN$337,500  $              335,000 1%189
Ranch114 DEERFIELD LN$343,000  $              359,900 -5%79
Colonial21 ISLAND PL$355,000  $              419,000 -18%147
Colonial*90 IRONGATE LN$360,000  $              369,900 -3%20
Ranch11 WOODMAN PL$360,000  $              359,000 0%9
Colonial121 ARLINGTON AVE$365,000  $              375,000 -3%19
Colonial21 DOGWOOD CT$369,000  $              409,900 -11%111
Colonial88 MYSTIC CT$370,000  $              429,000 -16%212
Ranch*17 INGRAM CIR$375,000  $              399,900 -7%58
Colonial231 ORCHARD ST$379,900  $              399,900 -5%112
Colonial58 IVY WAY$382,000  $              384,900 -1%18
Colonial223 ORCHARD ST$382,900  $              399,900 -4%127
Ranch36 WAVERLY PL$385,000  $              399,900 -4%11
Colonial*24 DREXEL LN$385,000  $              409,900 -6%99
SplitLv234 CLAIRE CT$390,000  $              439,900 -13%97
Cape31 WAVERLY PL$392,000  $              399,000 -2%20
Custom*518 LLOYD RD$415,000  $              499,000 -20%343
ExpRan17 INWOOD PL$415,000  $              429,900 -4%99
ExpRan*29 AYRMONT LN$442,500  $              459,900 -4%46
ExpRan33 ICEMEADOW LN$459,900  $              469,900 -2%112
Colonial154 NOTTINGHAM CT$460,000  $              479,000 -4%20
  $17,398,250  $          18,879,750 -9%87

The average buyer discount (the difference between the closing price and original list price) for fifty eight (58) home sales of Aberdeen NJ real estate this year is 9%. "Average" is misleading; every sale is unique with its own set of factors that determine value.

ANDREW J. LENZA REALTY is located in the Aberdeen Matawan NJ area. We represent buyers and sellers. Do you want to know our BEST DEAL FOR SALE in Aberdeen NJ real estate?  Then call us at (732) 946-9400 or E-MAIL ANDREW.

  Andrew J. Lenza, ABR GRI MBA  Broker Associate

Weichert Realtors, 43 East Main Street, Holmdel New Jersey 07733

Office (732) 946-9400 and Mobile (732) 580-0822  

 (c) Copyright, 2008. Andrew J. Lenza, All Rights Reserved

 

Broad Street Homes for Sale in Matawan Real Estate, New Jersey

Looking for Matawan real estate for sale?

There are quite a few homes for sale on Broad Street in Matawan. I consider Broad Street a "tweener" lane - not quite a busy thoroughfare nor an undiscovered avenue. 

Does this hail and hearty fighting man look familiar?

Matawan Memorial Park is located at the south end of Broad Street. The park features a famous Viquesney statute called the Spirit of the American Doughboy that pays homage to the Matawan men who perished during World War I. A Wall of Honor salutes those Veterans of subsequent wars. There is a Memorial Day observance at the park and a fireworks display on July 4th.

Purchasing a home on Broad Street endows the new owner with a sense of Matawan history as well.

 

On the northern end of Broad Street residents shop at the new Walgreens; on the opposing corner is the Fiorino's Matawan Art Gallery if you're looking for custom framing or your very own Thomas Kincaid print, the Artist of Light.

Broad Street in Matawan runs parallel to Main Street, so it's an easy walk to shops, restaurants (check out my review of Aby's Mexican), banks and post office.There is even a wonderful haven for special needs children located on Broad Street called Our Special Place!

What are the Matawan homes for sale on broad Street?

  • Three bedroom, two bath Colonial built in 1919 for the low price of $189,000.
  • Three bedroom, three bath Cape built in 1950 for $285,000.
  • Three bedroom, one bath Bi-level built in 1950 for $299,000.
  • Four bedroom, two bath Custom home for $349,900.
  • Four bedroom, three bath Contemporary for $555,000.
  • Five bedroom, four bath lakefront Expanded Ranch built in 1958 for $649,000.

Isn't real estate interesting? Same road and the difference between the cheapest home on Broad Street, Matawan and the most expensive is $460,000. Almost one half a million dollars!  Broad Street is a tree-lined drive.  Most of the homes are cared for with well-manicured grass and yards.

 

 Do you want to know my BEST DEAL FOR SALE in Matawan real estate? 

Then call me at (732) 946-9400 or E-MAIL ANDREW.

  Andrew J. Lenza, ABR GRI MBA  Broker Associate

Weichert Realtors, 43 East Main Street, Holmdel New Jersey 07733

Office (732) 946-9400 and Mobile (732) 580-0822  

 (c) Copyright, 2008. Andrew J. Lenza, All Rights Reserved

 

The Grande Development of Colts Neck, NJ 07722 and Colts Neck Real Estate

Presenting another Internet update about The Grande Development in Colts Neck, New Jersey 07722 and general information on Colts Neck real estate. The

Grande Real Estate Market Report - 2009 CLOSED SALES

  • Three bedroom, 2 ½ bath Darby model sold for $425,000.
  • Three bedroom and 2 ½ bath Claremint model sold for $490,000.
  • Four bedroom and 2 ½ bath Alexandra model sold for $498,500.

The Grande represents a superb value for the single person, retiree, couple or growing family.Located off Route 537 West and Hunt Road, the Grande development of Colts Neck enjoys close proximity to township schools, parks and Colts Neck luxury homes.

Home Owner Association Information

  • A few folks have called and emailed me about the Home Owners' Association (HOA) in The Grande.
  • The development is managed by the Signature Property Group located at 140 Sylvan Avenue, Englewood Cliffs NJ 07632.  The business telephone is (201) 947-1001
  • Even though the housing in The Grande is single family detached homes there is a monthly maintenance fee of $141. Upon initial purchase of a home in The Grande, the buyer also pays a two months' Working Capital charge of $282.00 and a membership fee of $100.

Public Water and Public Sewer

  • The Grande is the only development in Colts Neck that does not rely on a well for water and a septic tank.
  • Yet another attractive quality of The Grande to our New York and Staten Island buyers who are not familiar with the maintenance cost of either a well or septic tank system.
  • The Grande receives its water and sewer utilities from Freehold Township. The service contact for both is S&B Water & Sewer Company and you can call the utility at (877) 431-3999 from 9AM to 2PM.

Sales Pitch -- Call Andrew Today!

Considering a purchase or a sale in The Grande? We love working with buyers and sellers of Colts Neck real estate. You can call Andrew at (732) 946-9400 or E-MAIL ANDREW

  Andrew J. Lenza, ABR GRI MBA  Broker Associate

Weichert Realtors, 43 East Main Street, Holmdel New Jersey 07733

Office (732) 946-9400 and Mobile (732) 580-0822 

 (c) Copyright, 2008. Andrew J. Lenza, All Rights Reserved

All data and information provided on this site is for informational purposes only. Andrew J. Lenza makes no representations as to comprehensiveness, accuracy, suitability, timeliness, or validity of any information on this site. Andrew J. Lenza will not be liable for any errors, omissions, or delays in this information or any losses, injuries, or damages arising from its display or use. All information is provided on an as-is basis.

 

The Historic Montrose Neighborhood of Colts Neck, New Jersey 07722
Traveling east or west on Route 537 through Colts Neck, you can blink your eyes and unknowingly pass Montrose Road.

What's the big loss? Only that if you made the turn onto Montrose Road you would have the pleasure of driving up one of the most scenic lanes in all of Monmouth County. The slower you drive, the more stunning the vista.

Past the wide open fields of Mr. George Ditmar's (former Colts Neck mayor) farm. Mr. Ditmar was instrumental in preserving the rural atmosphere of Colts Neck. Past the horses in the meadows of three large spreads. Past the split rail fence and the stately homes.

 

 (Photo of the Montrose Road Schoolhouse built in 1790! Click here for an excellent article on the schoolhouse.) 

Some homes are new. Others are not. Yet they all blend to create the Montrose section as a unique, pleasant place to live. The streets that comprise Montrose include Carriage Hill Drive, Rolling Hill Court, West Gate Court, Holland, Parkwood and of course Montrose Road.

Sample of Single Family Home Sales in Montrose

Carriage Hill Drive

  • In February of 2005 a five bedroom, 4.5 bath Ranch built in 1972 sold for $850,000.
  • In October of 2006 a four bedroom, 2.5 bath center hall Colonial built in 1970 sold for $800,000.
  • In March of 2006 a five bedroom, 2.5 bath center hall Colonial built in 1975 sold for $913,000.
  • In April of 2007 a five bedroom, 3.5 bath center hall Colonial built in 1973 sold for $950,000.

Holland Lane

  • In August of 2005 a four bedroom, 2.5 bath center hall Colonial built in 1971 sold for $810,000.

West Gate Court

  • In December of 2004 a three bedroom, 2 bath Ranch built in 1965 sold for $649,000.
  • In August of 2003 a four bedroom, 2.5 bath Colonial built in 1970 sold for $630,000.

Space prohibits me from describing all the great single family homes built (and for sale) in Montrose. Call Andrew at (732) 946-9400 or E-MAIL ANDREW

Especially if you're interested in buying or selling a Colts Neck luxury home or need info .

Interested in Colts Neck history? The best site to visit is http://www.colts-neck.nj.us/hist/hccn.html, published and updated by the Colts Neck Historical Society. These Colts Neck residents do important work by striving to maintain Colts Neck's agricultural roots and to provide a voice against over-development.

  Andrew J. Lenza, ABR GRI MBA  Broker Associate

Weichert Realtors, 43 East Main Street, Holmdel New Jersey 07733

Office (732) 946-9400 and Mobile (732) 580-0822 

(c) Copyright, 2008. Andrew J. Lenza, All Rights Reserved

All data and information provided on this site is for informational purposes only. Andrew J. Lenza makes no representations as to comprehensiveness, accuracy, suitability, timeliness, or validity of any information on this site. Andrew J. Lenza will not be liable for any errors, omissions, or delays in this information or any losses, injuries, or damages arising from its display or use. All information is provided on an as-is basis.

Purchase a Home in the Strathmore-at-Matawan subdivision of Aberdeen Township, New Jersey

HISTORY

In the early 1960's developer William Levitt (associated with Levittown, Long Island) broke ground on the Strathmore-at-Matawan community in Aberdeen Township, New Jersey.

STREET NAMES

Local residents refer to the criss-cross of quaint streets by the letter of the alphabet that coincides with the section name. Construction of sections started in different years. Here is a list of Strathmore-at-Matawan street names as referenced by Mr. Edward Fitzgerald. Scroll down for recent sales data.

 

Street NameSection #Section Name
Ambler Court2Andover Park
Ambler Lane2Andover Park
Andover Lane1,2Andover Park
Anton Place3Andover Park
Arden Lane3Andover Park
Ardmore Lane1Andover Park
Autumn Lane1Andover Park
Avalon Lane3Andover Park
Avondale Lane1,2Andover Park
Ayrmont Lane1,3,4Andover Park
Beacon Lane9Brookview Park
Belle Place9Brookview Park
Brookview Lane9Brookview Park
Cambridge Drive16,17Cambridge Park
Carol Lane18Cambridge Park
Chilton Lane18Cambridge Park
Clover Way16Cambridge Park
Cornell Way18Cambridge Park
Courtland Lane16,17,18Cambridge Park
Crest Way17Cambridge Park
Crystal Place18Cambridge Park
Cypress Court15Cambridge Park
Cypress Lane15Cambridge Park
Darwin Way8Deerfield Park
Dawn Way7Deerfield Park
Deborah Lane7Deerfield Park
Deerfield Lane7,8Deerfield Park
Donna Place8Deerfield Park
Drexel Lane7,8Deerfield Park
Fair Lane25Fordham Park
Faith Lane25Fordham Park
Fawn Place25Fordham Park
Fayette Lane25Fordham Park
Ferland Lane25,26Fordham Park
Fern Lane26Fordham Park
Ferris Place26Fordham Park
Fordham Drive25,26Fordham Park
Icemeadow Lane10Ivy Hill Park
Idaho Lane5Ivy Hill Park
Idlebrook Lane11,12Ivy Hill Park
Idlewild Court6Ivy Hill Park
Idlewild Lane5,6Ivy Hill Park
Idol Place20Ivy Hill Park
Idolstone Lane10,11Ivy Hill Park
Ilex Place14Ivy Hill Park
Imbrook Lane6Ivy Hill Park
Imperia Lane21Ivy Hill Park
Incline Place12Ivy Hill Park
Indigo Lane14Ivy Hill Park
Infield Lane11Ivy Hill Park
Inglewood Lane14Ivy Hill Park
Ingram Circle20Ivy Hill Park
Ingress Way5Ivy Hill Park
Inner Way10Ivy Hill Park
Inner Hill Lane12Ivy Hill Park
Intone Lane14Ivy Hill Park
Invar Way5AIvy Hill Park
Inwood Place12Ivy Hill Park
Iona Place11Ivy Hill Park
Iris Way5,10Ivy Hill Park
Irongate Lane10,11,13Ivy Hill Park
Island Place Ivy Hill Park
Italic Place5AIvy Hill Park
Ithan Lane11Ivy Hill Park
Ivanhoe Lane5Ivy Hill Park
Ives Place5Ivy Hill Park
Ivory Place6Ivy Hill Park
Ivy Way10,20Ivy Hill Park
Ivy Hill Drive10,11Ivy Hill Park
Jordan Place22Juniper Park
Jubilee Circle22Juniper Park
June Place28Juniper Park
Juniper Place22Juniper Park
Noble Place19Northland Park
Norwood Lane19Northland Park
North Circle19Northland Park
Northland Lane19Northland Park
Oaklyn Lane27Oxford Park
Olden Lane27Oxford Park
Opal Place27Oxford Park
Ormont Lane27Oxford Park
Overlea Lane27Oxford Park
Oxford Lane27Oxford Park
Warren Drive23,24Waverly Park
Waverly Place24Waverly Park
Weston Place24Waverly Park
Winter Place24Waverly Park
Wister Place23Waverly Park
Woodman Place23Waverly Par

SALES DATA

  • Between January 1 and June 9, 2008 (last year) eighteen (18) single-family detached homes in Strathmore sold for an average sale price of $385,000.
  • For the same period in 2009, seventeen (17) Strathmore homes sold for an average of $346,000.
  • That represents a decline of 11.2%. Consider that the average home in Monmouth County declined by almost 20% in the same span.

SCHOOL INFORMATION

The Strathmore School serves Kindergarten to grade 3 students. Kindly click on the following useful links:

ABERDEEN TOWNSHIP RESOURCES

 If you are interested in buying or selling a home in the Strathmore community of Aberdeen, kindly call us at (732) 946-9400 or e-mail us at lenza.andrew@gmail.com.

  Andrew J. Lenza, ABR GRI MBA  Broker Associate

Weichert Realtors, 43 East Main Street, Holmdel New Jersey 07733

Office (732) 946-9400 and Mobile (732) 580-0822 

Members, Monmouth and Ocean County MLS

 

Real Estate Market Update, Aberdeen NJ Real Estate

Is there a silver lining to Aberdeen NJ real estate today?

  • From January 1, 2008 to June 1, 2009 the average sales price of an Aberdeen single-family home (detached) was $343,500. Approximately fifty (50) homes closed.
  • The same period this year? Average sale price of $287,800 and forty-one (41) sales.
  • The decline in value approximated 16%.
  • The decline in home prices throughout Monmouth County, of which Aberdeen belongs? Almost 20%.

    The good news is there's still buyers in any market ... and strong incentives, too. Like the $8,000 first-time home-buyer tax credit and tax relief for alternative energy improvements.

A thirty year (30) fixed-rate mortgage is still quoted under 5.5% to qualified buyers. There's good news. We'll survive this recession! Call us today if you're interested in Aberdeen NJ homes or real estate! 

  Andrew J. Lenza, ABR GRI MBA  Broker Associate

Weichert Realtors, 43 East Main Street, Holmdel New Jersey 07733

Office (732) 946-9400 and Mobile (732) 580-0822 

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