Gary J Rocks

LAKE HOPATCONG AREA MARKET REPORT FOR JANUARY 2008

DURING THE MONTH OF JANUARY 2008 THERE WERE 40 NEWLY MARKETED PROPERTIES WITH AND AVERAGE ASKING PRICE OF $300,737.00

The least expensive property was listed with an asking price of $100,000.00 a three room ranch with one bedroom and one bath. There are still properties available in New Jersey for the first time home buyer!

The most expensive home listed was an expanded ranch style home with 11 rooms 3 bedrooms and 2 baths with an asking price of $699,900.00.

Six properties went Under Contract with an average asking price of $221,583.00 and had been on the market for an average of 50 days!

Sixteen properties closed title with an average asking price of $263,675.00 and an average SOLD PRICE of $257,518.00 this represents a 97.66% List to Sold Ratio!! Outstanding!!!

Twelve properties were withdrawn from the market with an average asking price of $336,975.00.

Twenty-Three properties expired from the market with an average asking price of $378,530.00, this is a big difference between actual asking Vs. actual sold!!

Lake Hopatcong Borough is a great area for the outdoor sports minded individual with kids, the lake offers motor boating and is New Jersey's largest lake. Picatinny Arsenal is close by for the who work for the military as well as Route 80 for the commuter into NYC. Homes range from the first time home buyer to the move up buyer and everywhere in between.

If you are considering making the move to Lake Hopatcong give me a call, I'll find you the best deal available for you and your family.

If you are considering selling your property call me and I'll show you how your property compares to the local market and get you the highest possible price for your property.

HARDYSTON TOWNSHIP AREA MARKET REPORT FOR JANUARY 2008

During the month of January 2008 there were 37 newly marketed properties with an average asking price of $404,771.00. the lowest price property is listed for $119,900.00 a three room ranch with 1 bedroom and 1 bath. There is still affordable housing in New jersey for first time buyers!! The highest priced property is asking $1,020,000.00 for a Custom Home with 10 rooms 5 bedrooms and 4.1 baths with a three car garage built in 2007.

Eight properties were reported as under contract with an average asking price of $296,887.00 and had been on the market for 107 days.

Ten properties were reported as closed title with an average asking price of $376,542.00 and an actual average closed price of $360,700.00 these properties had been on the market an average of 101 days from start to finish. the above numbers represent an average sold to list of 95.79% of asking price.

Seven properties were withdrawn from the market with an average asking price of $554,688.00 and they were on the market for an average of 230 days.

Eight properties were reported as expired with an average asking price of $50,687.00 and had been on the market for 208 days.

Hardyston Township is a great area for first time buyers as well has the move up buyer. The schools are top notch.There is plenty for kids to do with a local YMCA open spaces for those of you who love pets, and in close proximity to local stores and highways making this a great choice to live in for the commuter.

HAMBURG BOROUGH NEW JERSEY AREA MARKET REPORT FOR JANUARY 2008

During the month of January 2008 there were 14 newly marketed properties with an average asking price of $251,369.00. The least expensive property is a Town Home with 4 rooms and 1 bedroom with 1 bath and is asking $169,000.00. The most expensive property is a Colonial home with 10 rooms 4 bedrooms and 2.1 baths with a two car garage and the asking price is $399,900.00. This particular property should sell rather quickly because there are very few stand alone homes available in Hamburg Borough, most of what is on the market are Town-Homes or condo's.

One property was reported as under contract a Town Home with an asking price of $280,000.00 ans it had been on the market for 294 days.

Two properties were reported as closed title with an average asking price of $164,900.00 and an actual average sold price of $146,250.00 these properties were on the market for an average of 61 days.

Two properties had been withdrawn from the market with an average asking price of $234,900.00 and had been on the market an average of 267 days.

Three properties expired from the market with an average asking price of $307,933.00 and had been on the market for an average of 171 days.

Hamburg Boro is a good first time buyer area with loads of room for kids and pets and the town offers good schools.

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.

BYRAM TOWNSHIP NEW JERSEY AREA MARKET REPORT FOR JANUARY 2008

During the month of January 2008 there were 19 newly reported properties that hit the market with an average asking price of $382,599.00. The lowest priced property is a 7 room ranch with 3 bedrooms and 1.1 baths built in 1965 and the asking price is $207,900.00. The highest priced property is a Colonial home built in 2002 with 11 rooms 4 bedrooms with 2.1 baths and has an asking price of $624,900.00.

Six properties were reported as under contract with an average asking price of $275,360.00 and they had been on the market only 91 days on average.

Four properties were reported as closed with an average selling price of $295,500.00 and had been on the market only 131 days from start to finish.

Four properties were reported as withdrawn from the market with an average asking price of $300,950.00 and they had been on the market an average of 256 days.

Only 7 properties were reported as expired with an average asking price of $472,157.00 and they had been on the market for an average of 182 days.

Byram Township New Jersey is a great area for the growing family and people who want decent sized properties and excellent activities for the kids.