Madison New Jersey had 15 homes transfer to their new owners in the month of September 2007. Not a bad number considering all the New Media hype about not buying a house and all the hype about the home mortgage industry problems.
- Want to do your own research on the Morris County Real Estate Market check out Madison New Jersey & Morris County New Jersey MLS Search It is a Free and Registration free tool for you to use. Every home that is listed in the MLS can be found and shown to you by this tool. If you want to start saving searches of course you can do so.
The truth is that if you have decent credit you can get a mortgage, but you have to remember, mortgage rates continue to go up. So if you are sitting on the fence wondering if home prices will continue to come down, you have to take Mortgage Rates into the equation as well. If a home comes down another percent or two and mortgage rates go up another percent or so, are you really much better off waiting to buy your next home.
A even more stark example, if you have a growing family and will need more space but you currently own a home, understand you have to sell your current home most likely. Lower priced home prices have remained stronger than mid and upper priced homes, but if the Real Estate Market here in Northern New Jersey continues to stay week, lower priced home prices may begin to soften as well.
Her are the home sales statistics for Madison New Jersey
| ADD | List Price | Style | Bedrooms | Bathrooms | Garage | Basement | Sold Price | DOM |
| 318 MAIN ST | $ 479,000.00 | Townhome | 2 | 1.1 | 1 | N | $ 460,000.00 | 104 |
| 27 Sherwood Ave | $ 539,900.00 | Cape Cod | 3 | 2 | 1 | Y | $ 529,900.00 | 97 |
| 52 Shadylawn Dr | $ 539,900.00 | Split Level | 3 | 2.1 | 1 | Y | $ 520,000.00 | 24 |
| 243 Kings Road | $ 540,000.00 | Cape Cod | 4 | 2 | 1 | N | $ 537,000.00 | 86 |
| 34 Albright Circle | $ 560,900.00 | Ranch | 3 | 2.1 | 2 | Y | $ 565,000.00 | 112 |
| 3 Durwood | $ 569,900.00 | Colonial | 3 | 2.1 | 2 | Y | $ 557,000.00 | 36 |
| 14 AVON DR | $ 582,000.00 | Split Level | 3 | 1.2 | 1 | Y | $ 555,000.00 | 56 |
| 28 BEECH AVE | $ 595,000.00 | Colonial | 3 | 1.1 | 1 | Y | $ 595,000.00 | 64 |
| 80 North St | $ 599,900.00 | Cape Cod | 4 | 3 | 1 | Y | $ 587,000.00 | 26 |
| 16 Rose Ave | $ 645,000.00 | Cape Cod | 4 | 2 | 1 | Y | $ 608,000.00 | 131 |
| 7 Amelia Ct | $ 649,900.00 | Townhome | 2 | 2.1 | 2 | Y | $ 650,000.00 | 139 |
| 12 N OAK CT | $ 652,500.00 | Victrian | 3 | 2 | 2 | Y | $ 635,000.00 | 58 |
| 8 Forest Road | $ 949,000.00 | Colonial | 5 | 2.1 | 2 | Y | $ 949,000.00 | 3 |
| 1 Independence Ct | $1,499,000.00 | Colonial | 5 | 5.1 | 3 | Y | $1,435,000.00 | 99 |
| 44 CRESCENT RD | $2,500,000.00 | Colonial | 4 | 3.1 | 2 | Y | $2,635,000.00 | 18 |
Data - gsmls Madison New Jersey - Morris County New Jersey
Thinking of moving to Madison New Jersey or one of the many wonderful towns surrounding Madison? Check out the Madison NJ Real Estate marketplace or anyplace in the Morris County Real Estate marketplace or give James Boyer Realtor, of RE/MAX Properties Unlimited Real Estate a call 973-647-0253. Your Morris County Realtor for expert advice and professional service when it comes to buying or selling a home in or around Madison New Jersey. Morris County is such a great place, you just have to see it.
James Boyer, Proudly serving Morris County, Union County, & Essex County with superior levels of service and professionalism. For all your New Jersey residential real estate needs call James Boyer RE/MAX Properties Unlimited Realty 973.647.0253
Morris County Real Estate, New Jersey Realtor, Madison NJ Realtor, 07940 Remax nj
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