Franklin, NJ

During the month of May 2009 there were ten newly listed properties in Franklin Borough, NJ with an average asking price of $210,350.00 and as of this date these properties were on the market for an average of 21 days.

Nine properties went under contract having passed the Attorney Review process with an average asking price of $188,166.00 these properties were on the market for an average of 85 days! ("If you price it right, they will come")

Four properties transferred title With an average asking price of $73,200.00 and an average SOLD price of $70,500.00 these properties had been on the market for an average of 156 days.

If you own a property in Franklin Boro., NJ and would like to know its value in todays market, please call Gary Rocks at the number listed.

AREA MARKET REPORT FOR FRANKLIN BORO., NJ FEBRUARY 2008

INFORMATION TAKEN FROM THE GARDEN STATE MLS AND COMPILED BY; GARY J ROCKS, SUSSEX COUNTY REAL ESTATE.

During the month of February 2008 there were 11 newly marketed properties with an average asking price of $243,918.00. A great area for all types of buyers and attracts many first time buyers as well.

Two properties went under contract with an average asking price of$254,950.00 these properties were on the market for 141 days on average.

Two properties transfer title with an average asking price of $237,450.00 and an actual closed price of $227,750.00 these properties were on the market for an average of 162 days. The average list to sold ratio equals 95.9%

Four properties failed to sell they had an average asking price of $347,075.00 and were on the market for an average of 200 days.

Franklin Boro, NJ is a great area to raise a family lots of parks and school activities, plenty of stores in the area great for the teenager or stay at home mom looking for a few extra bucks.

Thinking of selling your property give me a call, my office is located in Franklin on route 23 across from the Commerce Bank and Rutherford ave is in our back yard. Looking to move here I have some of the best inventory around and know how to get first timers into homes with little or no money down if you qualify.

AREA MARKET REPORT FOR FRANKLIN, NJ FEBRUARY 2008

INFORMATION GATHERED FROM THE GARDEN STATE MULTIPLE LISTING SERVICE AND COMPILED BY; GARY J ROCKS

During the month of February 2008 there were twelve newly marketed properties with an average price of $241,425.00. The lowest priced property is a manufactured home with an asking price of $59,900.00. The highest priced property is a Raised Ranch with an asking price of $385,000.00.

Two properties went under contract with an average asking price of $254,950.00 and these properties were on the market for an average of 141 days.

Two properties Transfered Title with an average asking price of $237,450.00 and an actual closed average of $227,750.00 these properties had been on the market for an average of 162 days.

Four properties expired from the market with an average asking price of $347,075.00 and they were on the market for an average of 200 days

Franklin Boro., NJonce a small mining and farm town, Franklin Boro. has grow by leaps and bounds but, still offers fresh air and a country atmosphere. There is plenty of opportunity for employment here particularly for Mom's who are seeking part-time/full time employment. And great for teens. The area offers many stores including Wal-Mart, Shop Rite and Wyse Stores, and just about every major burger joint out there.

Much of the town offers City Water and Sewer whereby neighboring towns have private water and septic. Good schools and is easy commuting to major roadways and public transportation. Thinking of leaving our town? give me a call we are located in Franklin Boro., NJ and most likely can find you a buyer lickety split. Thinking of Buying in the area or renting give me a call, I have access to the best properties around.

FRANKLIN BOROUGH NEW JERSEY AREA MARKET REPORT JANUARY 2008

During the month of January 2008 there were 18 newly marketed properties with an average asking price of $256,965.00. The lowest priced home is in a Manufactured Home Park a 4 room ranch with 2 bedrooms and the asking price is $51,900.00. the highest priced property is a Colonial home with 8 rooms 3 bedrooms and 2.2 baths with a six car garage and the asking price is $624,999.00.

Five properties went under contract with an average asking price of $230,369.00 and had been on the market for 138 days.

Four properties were reported as closed with an average asking price of $232,200.00 and and average actual sold price of $218,875.00. these properties had been on the market for an average of 218 days and received on average 94.26% of asking price, not bad in todays Real Estate environment.

Eight properties were reported as expired with an average asking price of $242,887.00 and were on the market for an average of 208 days.

Franklin Borough New Jersey is an excellent area for for first time buyers as well as those who are looking to down size. The area is steadily growing with stores all the time, making it easy for kids and moms too find employment close by. For more information on this area why not drop me a line at the number listed above.