Faina Sechzer - Princeton, Montgomery, Hopewell, NJ Real Estate Expert

There are many reasons why we always get requests for Princeton Borough homes from buyers who are looking for homes for sale in the Princeton area . The reasons are the college town feel of the downtown Princeton where most shops, restaurants, meseums, galleries, Princeton University and princeton schools are within walking distance. Others reason Princeton Borough homes for sale are so popular is because of the lifestyle they afford combining the urban city convenience of and the quiet serenity of a small suburabn town

If you live in Princeton borough, you would most likely be able to walk to the Princeton Library, Princeton High school, and all the downtown Princeton restaurants and shops.

The commute is also very convenient. There is a train called Dinky, which goes from the Princeton University area to the main train station at Princeton Junction. Of course, Princeton Junction is just a few miles drive.

Princeton Borough is a historic college town, offering the charm of the old and the convenience of the new. With a 55 minute train commute to New York and Philadelphia it's a good choice for home buyers looking to combine the urban and suburban life style.

You can see the live feed of the Princeton Borough homes for sale:

Princeton Borough Homes For Sale

Thinking of buying or selling your house In Princeton NJ area - We can help, in particular with Princeton Borough homes for sale....
If you are considering buying or selling a home in the Princeton NJ Hopewell Princeton Junction Montgomery area…

Contact us at (609)-553-4175 for a FREE quote and to find Princeton Mortgage options and to search all Princeton Lawrenceville Princeton Junction Montgomery and Princeton homes for sale right now..

Copyright © 2009 Faina Sechzer, Princeton REALTORS and your Princeton Real Estate Consultants specializing in Princeton, Lawrenceville, Hopewell, Princeton Junction and Montgomery Real Estate.

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Princeton Real Estate has released it's report on the real estate market in Montgomery Township for the last 5 years.

If you are thinking of selling your home in Montgomery Township this data could help you. If this you are considering buying a Montgomery township home for sale and wondering if now is the right time and to buy, this report could provide some answers.

The report contains some positive news, unlike most of the country that suffered much more severe real estate downturn.

Here are several key observations:

• The good news is that the average price of $625,064 has increased 5% compared to the prices 5 years ago. Many people who bought their homes before 2003 may still see positive appreciation. That may not be the case for those who bought in the last several years. Read More: Understanding Real Estate Prices.
• The not so good news -the average price of homes sold in Montgomery has declined 7% in 2008 vs. 2007.
• The highest average price of the homes sold in Montgomery Township in the last 5 years was in 2005. It has declined 8% since that high.
• The number of homes sold has declined 16%. This is coupled with an almost corresponding decline in the number of houses listed, reflecting the sellers' hesitation of selling in this market.
• The "days on the market" has increased very slightly compared to last year, but rather significantly -70% from 2005, when the houses were selling in record times.
• The highest average sold price was $2,300,000 -reflection of the buyers continued interest in the Montgomery Township luxury real estate. This is a 47% increase since 2004.
• It is important for buyers and sellers to understand how how these results compare with the surrounding communities. In Princeton average price has increased 10%, in Hopewell - it has declined 9%, and in Pennington - increased 14% compared to last year. The number of houses sold has declined significantly in these communities as well as in Montgomery.

Here are the Montgomery Townhsip homes for sale in MLS:

Montgomery Township Homes for Sale $500,000 - $750,000

Montgomery Township Homes For sale $750,000 -$1,000,000

Luxury Montgomery Township NJ Homes For Sale -$1,000,000- $1,500,000

Would like to know your Montgomery Township home value and how it's weathering this market? Please call 609-553-4175 for an update.

Part of this report was first published on my Princeton Real Estate Homes web site.

If you are considering buying a townhouse in Princeton NJ - this is an overview of what Princeton townhouses for sale you could find in MLS.

Princeton NJ is an attractive choice for many home buyers because it offers not only single family homes but also a wide choice of condos and townhouses. Princeton townhouses could be found in many neighborhoods and many price ranges.

The first time home buyers often seek these Princeton NJ homes for sale, because they represent the entry point for real estate in Princeton. There are other buyers who are interested in these homes because they are looking to minimize home maintenance, or because they are downsizing.

There are luxury townhouses such as in Governor’s Lane, with prices in the over $700,000 range. Homes in Princeton Ridge on the Stonewall Circle present an interesting option because design because they are semi-attached, not multiply attached as the townhouses usually are. They sell in the $700,000 -$800,000 range. Buyers could also find condos/ and townhouses for sale in the mid-range of over $500,000, for example in neighborhoods such as Campbell Woods. There are many other possible neighborhoods, such as Washington Oaks, Queenston Common in the Princeton Borough and Fieldwood Manors development in Princeton Township.

There are several such Princeton townhouses and condos for sale available in the MLS.

If you are considering buying a townhouse in Princeton - this is an overview of what you could find and a chanve to see all Princeton homes for sale in MLS.

See the live feed od all Pinceton MLS listings for

Princeton NJ Townhouses and Condos

If you are Princeton real estate home buyer you may want to know about the upcoming tax assessment. Thinking of selling your Princeton property? You may want to think about the implications of this on you sale.

If live in Princeton Township you most likely know already that the tax assessments will take place in 2010. The first step in the revaluation would be the inspection by Appraisal Systems, a company hired by the Princeton Township. The Appraisal Systems will visit each Princeton Twp. property and conduct an exterior and interior inspection. According to the Princeton Township they will measure the exterior and all improvements and photograph the front and rear of buildings. The interior inspection would be conducted either on the first visit, or if no one is home at a subsequent date. Princeton township says to "not allow anyone to enter your home without proper identification".

If you as a Princeton Township homeowner think that your Princeton property hase a "unique condition that influences value" , you could send documentation to Appraisal Systems Inc,. * Catano Avenue, Morristown, NJ 07960.

Because of the declining home values for some Princeton homes for sale, you could benefit from knowing your property market value (which is not the same as appraised value) before the appraisal. The market value information I provided helped some homeowners to reduce their property tax.

You may want to sread Princeton NJ Real Estate Market Report to learn about the real estate prices in Princeton.

Please call 609-553-4175 for a confidential discussion.

If you like reading New York Times, read today's Sunday edition article Battling for Bidding Wars. Here is a shameless plug: I am in it :) I mean some of the information from the one hour interview is there.

I received a call form the New York Times last week. They wanted to get my opinion on multiple offers in the buyers market. Why did they call me out of cozillion local real estate agents? If you answered, blogging, you got it right.

Back in late summer I wrote a post on Multiple offers in the buyers market, describing why such a phenomena was possible in Princeton. Fast forward to the New York Times call. The time is now post September 2008 market crash and it was an interesting question for them to revisit.

I was on my way to meet up with some people at The Inman Connect, so I couldn't talk with reporter for long. We agreed to pick up the conversation the next day. I spend a few hours researching the topic to come up with a broader view then just my personal experience with multiple offers. I found a few interesting things which are described in this follow up post Multiple offers in buyers market now.

Interestingly enough, I borrowed the title for this post from another article " Who else wants to be in the New York Times" I wrote back in my early days on Active Rain, urging AR gods to bring attention to this forum as a way for the press to learn what's really going on in the real estate from people who practice it every day. I never thought the NYT would call me:)

With my 2 seconds of fame I am wondering it's possible for anyone on Active Rain to get their time in the spotlight? Blogging on the topics of interest to the consumers seems to be one way.