NJ Estates Real Estate Group/ Weichert Realtors proudly presents a variety of new & pre-owned homes open to the public in Central New Jersey, all carefully planned around the idea of community and an exceptionally gratifying lifestyle. To accomplish this, Our Group selects inviting small towns such as Warren Township, Watchung and Berkeley Heights to serve as a backdrop for these neighborhoods. Please join us, times and directions in links below.
This residence clearly symbolizes the million-dollar-plus homes that are found in the semi-rural atmosphere of Somerset County. The exceptional craftsmanship found in this residence is a representation of the outstanding construction one would expect from " Elite Properties LLC". Detailed moldings quality cabinetry and the perfect floor plan exemplifies the attention to detail that is considered before beginning this "Estate Quality" residence. The first floor includes a Sun Filled Library, Guest Room with a full bath, Living Room, Dining Room, Breakfast Room and 25 x 18 Family room. The second level, along with Four Additional Bedrooms offers a Master Bedroom Suite suited for royalty.
Complete Info, Times & Directions in Links Below.
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Luxury New Home Avail. 60 Days [6 Bedrooms, 5½ Baths] 126 OAKWOOD ROAD WEST Watchung, Somerset County, NJ |
$1,849,000 |
COMPLETE INFO UPDATED DAILY
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| For further information Phone: Paul Stillwaggon (908) 561-5492 |
You can Email us at: njestates@gmail.com We are located at: 55 Stirling Road, Watchung, NJ 07069 |
This traditional country Colonial is timeless in design while capturing an understated elegance that whispers unparalleled craftsmanship. A paver walkway invites you to relax on the front porch, just before entering this, "American Dream Home". Thoughtfully designed and customized, the first floor master suite opens onto a private area to enjoy your morning coffee.
Every detail in this outstanding home has been thought out with the utmost of care. There are five generous sized bedrooms, 3 full and 2 half baths and a spacious breakfast room with French doors that fill the room with sunlight and lead to the rear patio where you'll find yourself sur- rounded by your own private oasis. No stone was left unturned when it came to careful planning which includes a walk-out basement, secondary staircase to a private bonus room and steps to the attic for easy storage. It's just a short walk of .7 miles to the Gillette train station for all your needs and the train can take you to New York City for work or play.
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New Colonial [5 Bedrooms, 3 Baths, 2 Half Baths] 95 MOUNTAIN AVE. Gillette, Morris County, NJ |
$1,300,000 |
COMPLETE INFO UPDATED DAILY
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NAR Frequently Asked Questions
Homebuyer Tax Credit Changes
National Association of REALTORS® Government Affairs Division
500 New Jersey Avenue, NW, Washington DC, 20001
Here are some of the most frequently asked questions on the changes to the Homebuyer Tax Credit
Question: Existing homeowner credit: Must the new house cost more than the old house?
Answer: No. Thus, for example, individuals who move from a high cost area to a lower cost area who
meet all eligibility requirements will qualify for the $6500 credit.
Question: I am an existing homeowner. On October 25, 2009, I signed a contract to purchase a
new home. I have lived in my current home for more than 5 consecutive years and
am within the new income limits. I will go to settlement on November 20. If
President Obama has signed the bill by the time I go to settlement, will I qualify for
the new $6500 tax credit?
Answer: Yes. The existing homeowner credit goes into effect for purchases after the date of enactment
(when the bill is signed). There is no reference to the date of contract for the new credit. The
provision looks solely to the date of purchase, which is generally the date of settlement.
Question: I am a firsttime
homebuyer but was not within the prior income limits at the time I
entered into my contract to purchase on October 30, 2009. I will be covered,
however, by the new income limits. If the new rules have been signed into law by the
time I go to settlement, will I be eligible for a credit?
Answer: Yes. The new income limitations go into effect as soon as the President has signed the bill.
The income limit and other eligibility rules will look to your status as of the date of purchase,
which is the settlement date. So if the new rules have been signed when you go to settlement,
you should be eligible for the credit (or a portion of the credit if you're within the phaseout
range).
Question: I am an eligible existing homeowner. I have a fair amount of equity in my home. I
have found a home with a nonnegotiable
price of $825,000. Will I be able to use any
of the $6500 tax credit?
Answer: No. The $800,000 cap on the cost of the purchased home is firm at $800,000. Any amount
above $800,000 makes the home ineligible for any portion of the credit. The $800,000 is an
absolute ceiling.
Question: I owned my home for 10 years, but sold it two years ago year and have been renting
since. If I purchase a home, will I be eligible for the $6500 tax credit if I meet all the
other eligibility tests?
Answer: Yes. Because you lived in the home for more than 5 consecutive years of the previous 8, you
will qualify for the $6500 credit. For example, Say John and his wife bought a home in 2000
and lived there until 2008 when he got a divorce. Whether John has been renting or bought in
the interim, he WOULD INDEED be eligible for the credit because he owned a home and
occupied it as his principal residence for 5 consecutive years out of the last 8 years. The
keyword here is "consecutive." As long as he lived in that house for 5 years straight what he
did since 3 years doesn't impact eligibility.
Question: I am an eligible firsttime
homebuyer. I entered into a contract to purchase on
November 1, 2009. Do I have to go to closing before December 1? How does the
extension date affect me?
Answer: You do not have to close before December 1. Once the legislation has been signed, it will be as
if the Nov 30 date had never existed. Therefore, so long as the contract settles before April 30
(or July 1, worst case), the purchaser will be eligible for the credit
|
French Inspired Estate [6 Bedrooms, 4½ Baths] 52 Geiger Lane Warren, Somerset County, NJ |
$1,900,000 (By Appointment) |
|
Luxury New Home Avail. 60 Days [6 Bedrooms, 5½ Baths] 126 OAKWOOD ROAD WEST Watchung, Somerset County, NJ |
$1,849,000 (Open 12-2) |
|
New Home Avail. 60 Days [4 Bedrooms, 3 Baths] 91A MORNING GLORY ROAD Warren, Somerset County, NJ |
$800,000 (Open 12-4) |


| For further information Phone: Paul Stillwaggon (908) 561-5492 |
You can Email us at: njestates@gmail.com We are located at: 55 Stirling Road, Watchung, NJ 07069 |
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