East Windsor, NJ Real Estate News

By Lisa Ryan, Selling Princeton,West Windsor and Montgomery Town
(Callaway Henderson Sotheby's International Realty)
Photo Gallery Description As soon as you step into this expansive, ranch style condominium, all on one level, you will know that this is the one for you! This unique Ashley model, in desirable Georgetown, offers a contemporary floorplan with high ceilings, lots of light and spacious rooms.Plenty of room for entertaining with a large kitchen, formal dining room and large great room with a spectacular fireplace and custom mirror. For added relaxation this home boasts a great sunroom with views to a serene yard. The second bedroom could also be used as a den or study. Neutral carpeting and paint, recessed lights, and ceiling fans make this home move in ready. The highly desired Georgetown community features a community building, swimming pool, tennis court and playground. You are minutes ...
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By Nancy Larson
(I am a licensed referral agent in NJ)
East Windsor Township, which is located off of Exit 8 of the New Jersey Turnpike, has an extense history. Very interesting reading for those who live in the town or are about to. Enjoy!!!   1664 King Charles II of Great Britain decides to reclaim land in North America from Holland and Sweden. He gives the land around what would become New York City to his brother the Duke of York. Several months later, the Duke of York gives the southern part of  this land to Sir George Carteret and Lord Berkeley. They call the area "Nova Caesarac" or "New Jersey" after the Isle of Jersey in the English Channel. 1674 Sir George Carteret and Lord Berkeley divide New Jersey between them into East and West Jersey. 1675 Settlers receive permission to form Middlesex County in the province of New Jersey. Pert...
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By Nancy Larson
(I am a licensed referral agent in NJ)
My husband and I came to East Windsor in 1974 and we purchased our home, right behind Lee's Turkey Farm. It has always been a very big part of our lives and own town. I did some research and found the information  for this Blog. This is for all the residents of this town, present, past and future. The History of Lee's Turkey Farm (This house still stands today) Aaron Forman, an East Windsor farmer, built the original five-room section of this home in1802 A barn Forman built about the same time still stands to the west of the house. Between 1800 and 1850, various owners added eleven rooms to this house, the centerpiece of the surrounding fifty-four acre farm. The first members of the Updike-Lee family to live here were Levi C. Updike (1844-1918) and his new bride Abbie C. Applegate (184...
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By Desiree Daniels
(RE/MAX Tri County)
Monthly Statistics for the Date Range Selected Date Units Listed Listed Volume Listed Average Pended Units Sold Sold Volume Sold Average Average DOM July 2008 3 804,650 268,216 1 0 N/A N/A N/A June 2008 52 16,792,270 322,928 14 30 8,643,400 288,113 68 May 2008 48 16,056,600 334,512 25 30 7,422,750 247,425 88 Apr 2008 57 20,539,768 360,346 29 18 4,031,088 223,949 86 Mar 2008 51 16,059,306 314,888 27 22 4,647,501 211,250 72 Feb 2008 53 15,750,455 297,178 24 16 5,297,400 331,087 103 Jan 2008 41 12,564,087 306,441 19 12 3,134,355 261,196 93                   Totals: 305 98,567,136 323,170 139 128 33,176,494 259,191 83                     Inventory Accumulation for the Last 12 Full Months           Current Inventory * Inventory Volume Current Average Average Monthly Sales** Inventory Accumu...
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By Jeff Belonger, The FHA Expert - FHA Loans - FHA mortgages - USDA loans - VA Loans
( Social Media - Infinity Home Mortgage Company, Inc)
If you are a consumer looking to purchase or refinance, this is a must read. It could cost you thousands if you don't pay attention. This is not a threat, but a warning from someone that has almost 16 years of experience in the mortgage industry. When shopping for a mortgage, no matter if you plan on using the person that you first spoke to, or you have spoken to 3 different lenders, you want to get a good faith estimate from everyone that you speak to. You also So, you need to understand how to read a Good Faith Estimates and not just what the loan officer tells you. There are many things to look at, but the two main things are the interest rate and the lender's fees. Just don't go to the bottom of the good faith estimate and compare the total costs. Why? I explain a lot of that in th...
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By Jeff Belonger, The FHA Expert - FHA Loans - FHA mortgages - USDA loans - VA Loans
( Social Media - Infinity Home Mortgage Company, Inc)
  FHA loans in many cases are much better than conventional loans. I have made this statement several times recently because I am tired of listening to loan officers, realtors, and the average consumer get all excited because FHA mortgages are back. People, they never left. FHA loans are not the new subprime mortgages.  FHA loans have been around since 1934. And why are they much better than conventional loans?  I can make this statement if your credit score is below 680 and especially if you are putting 10 percent or less down.  Overall, it's not rocket science to figure this out. The reason why so many consumers are led down the wrong path sometimes is because either the loan officer doesn't know how to handle the credit aspect of FHA loans or because their mortgage company is not FHA...
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By Desiree Daniels
(RE/MAX Tri County)
Monthly Statistics for the Date Range SelectedDateUnits ListedListed VolumeListed AveragePendedUnits SoldSold VolumeSold AverageAverage DOMApr 2008113,773,349343,0315134,00034,000173Mar 20085116,739,954328,23426214,358,501207,54779Feb 20085316,246,086306,52927165,297,400331,087103Jan 20084112,816,937312,60819123,134,355261,19693         Totals:15649,576,326317,796775012,824,256256,48592                  Inventory Accumulation for the Last 12 Full Months          Current Inventory *Inventory VolumeCurrent AverageAverage Monthly Sales**Inventory Accumulation ***19261,631,736320,998277*Current Inventory is based on the actual available properties on the date this report was created.**Average Monthly Sales is the average sales for the last 12 full months***Inventory accumulation (in months)...
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By Desiree Daniels
(RE/MAX Tri County)
 Monthly Statistics for the Date Range SelectedDateUnits ListedListed VolumeListed AveragePendedUnits SoldSold VolumeSold AverageAverage DOMMar 2008249,195,659383,15251198,500198,50050Feb 20085517,363,886315,70724165,297,400331,087103Jan 20084113,003,399317,15619123,134,355261,19693         Totals:12039,562,944329,69148298,630,255297,59597                  Inventory Accumulation for the Last 12 Full Months          Current Inventory *Inventory VolumeCurrent AverageAverage Monthly Sales**Inventory Accumulation ***20165,831,753327,521287*Current Inventory is based on the actual available properties on the date this report was created.**Average Monthly Sales is the average sales for the last 12 full months***Inventory accumulation (in months) = Current Inventory Units / Average Monthly Sal...
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By Desiree Daniels
(RE/MAX Tri County)
PrintPrint HelpMonthly Statistics for the Date Range SelectedDateUnits ListedListed VolumeListed AveragePendedUnits SoldSold VolumeSold AverageAverage DOMFeb 20083786,900262,30000N/AN/AN/AJan 2008133,416,100262,776241,052,500263,125207         Totals:164,203,000262,687241,052,500263,125207                  Inventory Accumulation for the Last 12 Full Months          Current Inventory *Inventory VolumeCurrent AverageAverage Monthly Sales**Inventory Accumulation ***7020,453,813292,197514*Current Inventory is based on the actual available properties on the date this report was created.**Average Monthly Sales is the average sales for the last 12 full months***Inventory accumulation (in months) = Current Inventory Units / Average Monthly Sales Pricing Details of Sold Units for the Date Range ...
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By Desiree Daniels
(RE/MAX Tri County)
Monthly Statistics for the Date Range SelectedDateUnits ListedListed VolumeListed AveragePendedUnits SoldSold VolumeSold AverageAverage DOMFeb 200862,221,787370,29710N/AN/AN/AJan 20084113,117,708319,94416113,030,475275,49786         Totals:4715,339,495326,37217113,030,475275,49786                  Inventory Accumulation for the Last 12 Full Months          Current Inventory *Inventory VolumeCurrent AverageAverage Monthly Sales**Inventory Accumulation ***18054,649,024303,605296*Current Inventory is based on the actual available properties on the date this report was created.**Average Monthly Sales is the average sales for the last 12 full months***Inventory accumulation (in months) = Current Inventory Units / Average Monthly Sales   Pricing Details of Sold Units for the Date Range Select...
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  Market Statistics  DateUnits ListedListed VolumeListed AveragePendedUnits SoldSold VolumeSold AverageAverage DOMJan 20081395,000395,00000N/AN/AN/ADec 2007257,400,300296,01214216,346,000302,19087Nov 20074210,235,750243,70820237,065,875307,21170Oct 20074514,670,787326,01725246,496,300270,67992Sep 20075115,515,721304,22921307,804,639260,15475Aug 20074913,431,509274,112283611,228,850311,91268July 20075716,281,256285,63634339,040,110273,94273June 20075115,363,900301,252344815,050,585313,55367May 20078324,359,248293,484353610,190,601283,07268Apr 20077223,096,757320,78843266,661,404256,20768Mar 20077723,274,710302,268344112,743,380310,814105Feb 20076117,852,138292,65840215,586,000266,00066Jan 20077325,580,548350,41821278,064,425298,68283         Totals:687207,457,624301,976349366106,278,1692...
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By Desiree Daniels
(RE/MAX Tri County)
East Windsor Township Mayor and Council Encourage Citizens to Volunteer for Appointments to Township Boards and Committees.  The East Windsor Township Mayor and Council are seeking interested volunteers to serve on the following committees: Clean Communities Advisory Committee, Commission on Aging, East Windsor Municipal Utilities Authority, Economic Development Committee, Environmental Commission, Health Advisory Board, Planning Board, Recreation Commission, Zoning Board of Adjustment and the East Windsor Municipal Alliance for the Prevention of Substance Abuse. Residents interested in volunteering can obtain an application from the Municipal Clerk or from the Township website address at http://rs6.net/tn.jsp?e=0019vXvcOpxTwv4V4AhRiqNdvcogb3z3V2J4slWiNW521xy1DH1AicJn4-CKPpZlz0EkslOMAMC...
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By Desiree Daniels
(RE/MAX Tri County)
Well another month has passed and we are still Okay.   With 8 months closed in the year we are still holding strong.   DON'T BELIEVE THE HYPE.   We currently have a 6 month supply of homes in East Windsor and statistically that means we are in a "good" market.  We are NOT over saturated with supply and demand is still here.Actually if you look at the "units listed" we are on the low end of the average.  What does all of this mean to you the consumer.   Well if your thinking of selling now is a GREAT time.   My team and I would be happy to assist you with a free market analysis.   We are currently on of the Top 25 Teams in the State of New Jersey.   Why would you call anyone else.  We can be reached at (609) 448-2222 for all your real estate needs!!!!  Have a great Labor Day!!Monthly Sta...
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By Charles Auer
(Gloria Nilson & Co. Real Estate)
 What an awesome location! Backing up to the woods for privacy. This 3 bedroom, 2.5 bath home has newer roof, A/C, dishwash, walkway, patio and shed - includes 5 ceiling fans, washer/dryer, and tons of storage space. This is a must see!  If this is the area you are interested in, please call me today!! Charles Auer 609-586-8581 or visit me online at www.auerhomes.com
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By Desiree Daniels
(RE/MAX Tri County)
Market Statistics   Monthly Statistics for the Date Range SelectedDateUnits ListedListed VolumeListed AveragePendedUnits SoldSold VolumeSold AverageAverage DOMAug 20073929,700309,90000N/AN/AN/AJuly 20075415,968,422295,71118328,817,610275,55069June 20075115,939,649312,542344714,858,585316,14068May 20078024,610,866307,635353610,190,601283,07268Apr 20077122,640,658318,88243256,261,405250,45662Mar 20077423,075,419311,829334012,638,380315,959107Feb 20075917,697,728299,96138215,586,000266,00066Jan 20077124,555,248345,84820278,064,425298,68283         Totals:463145,417,690314,07722122866,417,006291,30276                   Inventory Accumulation for the Last 12 Full Months          Current Inventory *Inventory VolumeCurrent AverageAverage Monthly Sales**Inventory Accumulation ***22874,571,70832...
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By Desiree Daniels
(RE/MAX Tri County)
Market Statistics  Monthly Statistics for the Date Range SelectedDateUnits ListedListed VolumeListed AveragePendedUnits SoldSold VolumeSold AverageAverage DOMJune 20074915,178,898309,773274213,282,085316,24066         Totals:4915,178,898309,773274213,282,085316,24066                    Pricing Details of Sold Units for the Date Range SelectedMinimum PricesMaximum PricesAverage Prices Original List Price : $39,500Original List Price: $699,900Original List Price: $334,796Sold Price : $38,000Sold Price: $680,000Sold Price: $316,240    Inventory Accumulation figures are only calculated when Report End Month is the current month   Market Statistics Criteria UsedDate Range:6/2007 to 6/2007Price Range:$1,000 to $150,000,000Property Category:ResidentialArea:East Windsor Twp   © Copyright 2007 T...
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By Desiree Daniels
(RE/MAX Tri County)
East Windsor Etra Lake Park Pathway Project Moves Forward  On April 10, the East Windsor Council awarded the Twin Rivers-Etra Lake Pathway Project to V&K Construction of Edison. This nearly one-mile long pathway will provide a convenient and safe pedestrian access from the Twin Rivers area, the Township's largest residential community, to Etra Lake Park, the Township's largest park. The Etra Lake Pathway Project consists of two sections. One section will be an 8-foot wide asphalt combination bikeway and pedestrian path from the end of Lake Drive to Milford Road. A second section will be a 5-foot wide pathway beginning at Milford Road that will cross the bridge at the end of Etra Lake and extend along the southern shore of the lake to the playground area of Etra Lake Park. A rest area wi...
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By Desiree Daniels
(RE/MAX Tri County)
  Monthly Statistics for the Date Range SelectedDateUnits ListedListed VolumeListed AveragePendedUnits SoldSold VolumeSold AverageAverage DOMApr 20075919,770,337335,09013164,198,930262,43362Mar 20077223,775,467330,214244012,638,380315,959107Feb 20075618,227,278325,48735195,517,500290,39467Jan 20077125,119,673353,79818268,029,925308,84383         Totals:25886,892,755336,7939010130,384,735300,83886                   Inventory Accumulation for the Last 12 Full Months          Current Inventory *Inventory VolumeCurrent AverageAverage Monthly Sales**Inventory Accumulation ***24183,816,886347,787298*Current Inventory is based on the actual available properties on the date this report was created.**Average Monthly Sales is the average sales for the last 12 full months***Inventory accumulation ...
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By Desiree Daniels
(RE/MAX Tri County)
  East Windsor Acquires 10.2 Acre Property for Open Space  East Windsor Township approved a ‘Contract of Sale' on February 20 for a new 10.2 Acre Property off of Old Cranbury Road for open space. In 2005, an application to subdivide the land for residential development was filed with the Township Planning Board. The property is now being jointly acquired by Mercer County and East Windsor Township with the County paying the entire $500,000 purchase price and the Township managing the open space tract of land. If you need additional information or help with any real estate matters... please visit us at www.TriCountyHomes4Sale.com
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By Desiree Daniels
(RE/MAX Tri County)
East Windsor Introduces Ordinance Governing the Preservation, Protection, Maintenance and Removal of Trees East Windsor Mayor and Council recently introduced an ordinance designed to prevent the indiscriminate clearing of trees from vacant land by developers prior to applying for development permits. Property less than one acre in size is exempt from provisions of the ordinance, provided no more than three trees per year are removed. Nurseries, garden centers and working farms also are exempt, and the Ordinance does not apply to new trees less than five inches in diameter. The ordinance will be considered for final passage after public hearing on March 6, 2007.
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