Area Market Report For Stanhope Boro; NJ January 2008

Area market Report for Stanhope Boro; NJ JANUARY 2008

During the month of January 2008 there were nine newly marketed properties listed in Stanhope Boro, with the average asking price of $278,688.00 the least expensive property is a one floor condo with 4 rooms and 1 bedroom and an asking price of $179,900.00. The most expensive property listed is a 8 room Colonial with 4 bedrooms 2.1 baths and is asking $444,900.00.

One property went under Contract with an asking price of $290,000.00 a town-house with 3 bedrooms and 2 baths.

Two properties transfered title with an average asking price of $349,900.00 and an actual SOLD Price of $344,950.00 an had been on the market for 213 days.

Two properties were withdrawn from the market with an average asking price of $372,449.00 an on the market for an average of 116 days.

Five properties Expired with an average asking price of $243,740.00 these properties had been on the market for an average of 166 days.

Stanhope Boro; NJ is within easy commuting distance to Picatinny Arsenal and Lake Hopatcong. Great area for first timers and move up buyers.