Westfield, NJ Real Estate News

By Scott Gleason, CRS, Westfield NJ New Homes Specialist
(Coldwell Banker Realty)
The demand for luxury Westfield area homes continues.  While active and under contract homes dipped slightly from March, the April 2017 Westfield NJ Luxury Market Report revealed a large increase in sold homes.  In fact, the total sales almost tripled from March 2017.  If you're interested in purchasing a Westfield luxury home, you need to act now.April 2017 Westfield NJ Luxury Market ReportCurrent Westfield Luxury Homes for SaleThe Garden State MLS reported 21 active listings in their April 2017 Westfield NJ Luxury Market Report.  This was only slightly less than the 23 active listings in March 2017.  Ten of these were either ready to be built, were currently under construction or were recently built.  Twelve of the 21 active listings hit the Westfield market within the last 30 days.  ...
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By Scott Gleason, CRS, Westfield NJ New Homes Specialist
(Coldwell Banker Realty)
A community's strength relies heavily on the involvement of its people.  If you want your children to be productive members of society, they need to be involved in what's happening around them.  One way to do that is through events like Westfield's Edison School Community Day 2017.What: Edison School Community Day 2017 Where: Edison Intermediate School (800 Rahway Ave) When: Saturday, May 6th, 10am to 12pm Admission: FREE Contact: Stacy Bergerman (sbstuff25@gmail.com) or Lisa Blitt (lisablitt@icloud.com)Edison School Community Day 2017Last year's event was so successful, that they decided to do it again this year.  All members of the Westfield public are invited to participate in Edison School Community Day 2017.  Event coordinators put together 15 different hands-on projects for both k...
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By Wayne Zuhl, The Last Name You'll Ever Need in Real Estate
(Remax First Realty II)
If you own a home in Westfield, or if you want to own a home in Westfield, this is the place to be for information about real estate values this spring.Inventory: There are currently 213 homes offered for sale in Westfield right now. Inventory in Westfield continues to increase which is unusual in Union County. Throughout the rest of the county, we're experiencing decreases in inventory creating a strong seller's market. In Westfield, sales remain steady but inventory is increasing.  Prices: The current listings range in price from $363,000 to $4,450,000.  Thirty three homes were sold in March at an average sale price of $773,173. The average price in this case does not tell the whole story. When we break down the listed homes by price category, we see that 38% of the available inventor...
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By Scott Gleason, CRS, Westfield NJ New Homes Specialist
(Coldwell Banker Realty)
Spring is here.  Our Westfield community still has some showers coming our way.  But it'll give way to bright, sunny days soon.  Time to take advantage of the beautiful weather.  Next month, Westfield Girls' Night Out 2017 takes place.  However, it won't be relegated to just night time hours.  This year, the shopping and fun happens all day long.What: Westfield Girls' Night Out 2017 Where: Downtown Westfield (151 E Broad St) When: Thursday, May 11th, 10am to 9pm Contact: Beth Brenner, Downtown Westfield Corp (908) 789-9444 or via emailWestfield Girls' Night Out 2017Westfield Girls' Night Out 2017 begins at 10am.  Pick up something for yourself.  Or, since Mother's Day falls on May 14th, maybe you can get Mom something to show her how much you love and appreciate her.  You can pick up yo...
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By Scott Gleason, CRS, Westfield NJ New Homes Specialist
(Coldwell Banker Realty)
The New Jersey Festival Orchestra hosts their annual fundraiser next month.  You can pick up tickets for their Westfield Homes Tour 2017 right now.  For just $35 per person, you can take a self-guided tour of some of Westfield's most interesting properties.What: Westfield Homes Tour 2017 Where: Various Homes Around Town When: Saturday, May 17th, 10am to 3pm Cost: $35/person in advance, $40/person on tour day Contact: David Wroe, Music Director, New Jersey Festival Orchestra (908) 232-9400 or via emailWestfield Homes Tour 2017On the Westfield Homes Tour 2017, guests have the opportunity to take a look inside four Westfield homes.  Each home offers a different style for its guests.  This year's properties include a beautiful Grand Queen Anne home built around 1895, a Mediterranean villa, ...
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By Scott Gleason, CRS, Westfield NJ New Homes Specialist
(Coldwell Banker Realty)
Last week, I wrote about preparing for competition in the spring Westfield housing market.  The March 2017 Westfield NJ Luxury Market Report supports this argument.  Most of the active listings currently for sale hit the market within the last 30 days.  Are you ready to invest in a luxury Westfield area home?  You're not alone.March 2017 Westfield NJ Luxury Market ReportAccording to the Garden State MLS, a total of 23 luxury Westfield homes went up for sale in March 2017.  Of these, 12 were new construction or are ready to be built.  Sixteen listings (almost 70% of total active listings) hit the market within the last 30 days.  Eight of them entered the market within the last seven days.The March 2017 Westfield NJ Luxury Market Report noted a total of 10 homes pending.  Eight of these p...
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By Jane Nicastro-Disch Warren NJ, NJ Estates Real Estate Group of Weichert Realtors
(Weichert Realtors)
Union County, New Jersey Real EstateSearch Union County Homes for SaleFind Real Estate Listings, New Homes and more http://www.njestates.net/nj/counties/union You need to have the best representative possible to assist you with buying or selling your home. We have the staff of dedicated, full-time sales associates familiar with all the towns and property values located in Union County. Our experience will help ensure you a smooth and positive home buying or selling experience.We are here to help you make the selling or buying of your home as easy as possible. We not only offer you local expertise but 100% dedication to all of our clients! Request real estate information on specific townships in Union County.Click on Towns for Complete Info Including Town Listings, New School Report Card...
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By Scott Gleason, CRS, Westfield NJ New Homes Specialist
(Coldwell Banker Realty)
Monday marked the official start to spring.  Traditionally, this is the busy time in Westfield real estate.  With the spring Westfield housing market ahead, you might want to ready yourself for some serious competition.  Sellers are ready.  But are you?Prepare for Competition in the Spring Westfield Housing MarketFor many Westfield Buyers, spring time means it's time to buy.  Competition is fierce in the spring Westfield housing market.  You need to be ready to take action when you find the home you want.  The Federal Reserve just issued a 1/4% bump in their benchmark rate last week.  Usually, bank rates quickly begin to rise as well.  Financial experts predict at least two more increases by year's end.  So, if you want to buy a Westfield home, now would be a good time.First, you need t...
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By Jane Nicastro-Disch Warren NJ, NJ Estates Real Estate Group of Weichert Realtors
(Weichert Realtors)
NJ Estates Real Estate Group of Weichert RealtorsNew Jersey Real Estate for Sale and LeaseWelcome to NJ Estates Real Estate Group of Weichert Realtors. We are your source for all Real Estate in North & Central New Jersey. Our real estate expertise includes Luxury Homes, Homes for Sale, New Homes, Luxury New Construction, Land, Building Lots for Sale, Rentals, Commercial Properties for Sale & Lease. Our Experienced Staff of Knowledgeable Realtors covers large sections of North and Central New Jersey.Let us know what is important to you regarding your Real Estate property search, and we’ll help you find it. Our staff of Realtors are dedicated and ready to assist you in your buying, selling and leasing process in North and Central NJ, especially in Somerset, Union, Morris, Middlesex, Hunte...
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By Scott Gleason, CRS, Westfield NJ New Homes Specialist
(Coldwell Banker Realty)
Team Guys & Dolls is currently looking for cycling enthusiasts to be a part of our team for the Bike MS New York City 2017 ride.  Join us for a glorious bike day in Manhattan and fight MS along the way.What: Bike MS New York City 2017 When: Sunday, October 22, 2017 Start/Finish Line: Pier 92/94 (711 W 54th St) Registration: $35 per rider (for now) Minimum Age: 12Bike MS New York City 2017For 18 years, Team Guys & Dolls has participated in the Bike MS ride.  This year's Bike MS New York City 2017 is no exception.  The ride takes place over 30 beautiful flat miles around Manhattan.  We bicycle past the Freedom Tower.  Then, we head along South Street Seaport and the Brooklyn Bridge.  Next, we pedal past the UN Secretariat and Yankee Stadium before finally hitting the GW Bridge.  The best ...
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By Scott Gleason, CRS, Westfield NJ New Homes Specialist
(Coldwell Banker Realty)
Many Westfield Buyers are in the market to upgrade from their current home.  They know what the local market is like.  They know which area they want to live in.  The location and design of your Westfield home rank high in its desirability.  But if you price it too high, the location and design won't matter.  The right price means a quicker sale for your Westfield home.Pricing Your Westfield Home to SellEven the most well appointed home in the best neighborhood can sit on the market if it isn't priced properly.  Studies show that the longer a home stays on the market, the lower the sale price it receives.  The right prices means a quicker sale for your Westfield home.  But how do you determine what the right price is?  Get together with your Westfield REALTOR@ to discuss the following s...
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By Scott Gleason, CRS, Westfield NJ New Homes Specialist
(Coldwell Banker Realty)
Do you enjoy going out to eat?  Westfield offers some of the finest dining establishments you'll find anywhere.  Dine Out Westfield Winter 2017 allows guests to sample items not typically found on a restaurant's menu.  Or, for the more adventurous types, take a chance on something different at a restaurant you haven't visited before.What: Dine Out Westfield Winter 2017 Where: Various Westfield Restaurants When: February 26th to March 9th (excluding Friday & Saturday) Contact: Downtown Westfield Corporation (908) 789-9444 or via emailDine Out Westfield Winter 2017For the 10 days of the Dine Out Westfield Winter 2017 event, local area restaurants create unique prix fixe menus for patrons to try.  This year, the Downtown Westfield Corporation added something new: food and wine pairings.  L...
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By Scott Gleason, CRS, Westfield NJ New Homes Specialist
(Coldwell Banker Realty)
Tax day for 2017 falls on Monday, April 17th.  However, Westfield property taxes are due quarterly: February 1st, May 1st, August 1st and November 1st.  When you received your last bill, did you think that it may have been too high?  Have you been taxed based on an outdated home valuation?  You can file an appeal.  If you don't know how to do this, sign up for the free Westfield tax appeal seminar at the Westfield Area Y.What: Free Westfield Tax Appeal Seminar Where: Westfield Area Y (220 Clark St) When: Tuesday, February 28, 2017 at 7:30pm Contact: Jennifer Jacobus, Esq. (908) 518-5456 or via emailFree Westfield Tax Appeal SeminarAs a public service, I am proud to sponsor a free Westfield tax appeal seminar on Tuesday, February 28th.  Morris Plains attorney Jennifer Jacobus, Esq. expla...
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By Scott Gleason, CRS, Westfield NJ New Homes Specialist
(Coldwell Banker Realty)
Are you interested in selling your Westfield home?  Does it need some updating?  Large remodel jobs might feel like a daunting task.  You can increase your Westfield home's value with little effort.  Making a few small changes reap larger returns than you might think.Increase Your Westfield Home's Value With These Simple ChangesKitchenBuyers love kitchens.  One way you can increase your Westfield home's value involves adding a backsplash.  You don't have to hire a contractor.  This job takes very little time or money to complete.  Visit your local home improvement store for a variety of styles to choose from.  Subway tiles are simple, classic and never go out of style.  Some backsplashes even come with a peel-and-stick option.BathroomAnother quick and easy way to increase your Westfield...
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By Scott Gleason, CRS, Westfield NJ New Homes Specialist
(Coldwell Banker Realty)
A new year, a new administration.  Our 45th president, a man who made the bulk of his fortune in real estate, was inaugurated today.  I think it is the perfect time to examine what we can expect in the 2017 Westfield Area real estate market.Top Projected Trends in the 2017 Westfield Area Real Estate MarketTransportation is Important - The first trend we expect to see in the 2017 Westfield area real estate market is that it must be conveniently located near public transportation.  Many Westfield area residents work in NYC.  They need easy access to and from the City.  Transit villages have quickly become a reality along the Raritan Line.  Retail businesses may start to fade in some towns.  However, entertainment, restaurants and service-related businesses will come to the forefront.Const...
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By Scott Gleason, CRS, Westfield NJ New Homes Specialist
(Coldwell Banker Realty)
Westfield's history runs deep.  The downtown Westfield district started off as part of the Elizabethtown Tract back in 1720.  Eventually, it incorporated in 1798.  Westfield served as home base for several notable individuals, including actors, politicians, poets and playwrights.  But did you know that Westfield was also the birthplace of cartoonist Charles Addams, the creator of "The Addams Family"?Charles Addams - The Early YearsCharles Addams came into this world on January 7th, 1912.  Young Charles earned a bit of a reputation as a rapscallion.  His father encouraged his artistic side.  His education took him to Colgate University, the University of Pennsylvania and, finally, the Grand Central School of Art in NYC.The New Yorker began printing his sketches in 1932.  His macabre draw...
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By Scott Gleason, CRS, Westfield NJ New Homes Specialist
(Coldwell Banker Realty)
As 2016 wound down, the Westfield area luxury real estate market continued to flourish.  Westfield's convenient location to NYC makes it an ideal location for commuters.  My late December 2016 Westfield Market Report breaks down the statistics for you below.Late December 2016 Westfield Market ReportActive Westfield Luxury Homes for SaleThe Garden State MLS reported a total of seven Westfield luxury homes for sale in late December 2016.  Of those, five were newly constructed or ready to be built properties.  Four of them came on the market in the last 30 days, including a Michael Mahoney custom Colonial just last week.Westfield Luxury Homes Under ContractTwo Westfield luxury homes are currently under contract.  One, a brand new, move-in ready Colonial, spent 24 days on the market.  The o...
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By Scott Gleason, CRS, Westfield NJ New Homes Specialist
(Coldwell Banker Realty)
While the weather outside gets colder, Westfield real estate remains hot.  Experts believe Buyers seek out Westfield homes because of the easy commute to New York.  Families, in particular, love the excellent school system here.  New construction in the Westfield luxury home market continues to thrive.  One aspect of the home buying process that Buyers often forget about are the closing costs.  However, there are things you can do to keep these costs to a minimum.  Read on to learn how to reduce your closing costs when buying your next Westfield home.How to Reduce Your Closing CostsClosing costs consist of loan origination fees, title insurance, underwriting fees, title search fees, appraisal fees, surveys and discount points among other fees.  These costs must be paid at the close of y...
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By Scott Gleason, CRS, Westfield NJ New Homes Specialist
(Coldwell Banker Realty)
Spring and summer tend to be the busiest times for Westfield real estate.  Westfield Buyers take advantage of summer vacation to find, buy and move in to a new home.  However, you might not be ready to purchase a property then.  Instead, winter is here and you are looking for a new home.  Heed these winter Westfield home buying tips to work the cooler temperatures to your advantage.Winter Westfield Home Buying TipsWatch the Holiday SpendingEven with the best scores, a sudden spike in spending on your credit cards can hurt your chances of home loan approval.  Increasing your debt-to-income ratio hurts your FICO score.  Keep your spending to a minimum.  Pay it off as quickly as possible.Keep an Open MindThe next one of my winter Westfield home buying tips I think you'll find helpful is to...
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By Scott Gleason, CRS, Westfield NJ New Homes Specialist
(Coldwell Banker Realty)
During the holidays, police report a spike in package theft.  With millions of people shopping online for their Christmas gifts, thieves become more aggressive.  Utilize these Westfield home security tips to decrease the likelihood of your packages being stolen this year.Westfield Home Security TipsMany Westfield homeowners turn to high tech for their home security needs.  This works as a deterrent for a majority of thieves.  However, it doesn't stop them all from taking advantage of an easy package grab.  The first one of my Westfield home security tips I'll give you is to make it difficult.  In other words, make it hard for thieves to hide their crimes.  Keep exterior lights on at night.  Or, install motion sensor lights.  Stash valuables out of sight.  Store ladders, tools and other ...
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