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Basking Ridge NJ Real Estate Maple Run Townhomes Market Update November 2011

Bob Zorechak - Sells Homes in Morris/ Somerset/Hunterdon Cos., NJ 908-267-2465: Real Estate Agent in Chester, NJ

Basking Ridge NJ Real Estate Maple Run Townhomes Market Update November 2011

by Bob Zorechak - GRI, ABR, e-PRO


Maple Run Townhomes in Basking Ridge NJThis 64 unit development offers a private and secluded setting consisting of contemporary style townhomes situated primarily in cul-de-sac configurations for maximum privacy. Conveniently located in the northeast corner of Basking Ridge (Bernards Township) and one mile from the center of town, shopping, restaurants, golf, the train and bus to NYC, award winning schools, major commuter highways and much more, the Maple Run Townhomes in Basking Ridge NJ are truly a hidden gem.


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Maple Run Townhomes in Basking Ridge NJ


Maple Run Townhomes in Basking Ridge NJSales activity at Maple Run has been fairly consistent with (4) units Sold in each of the previous four years (including 2011 through November). As you can see from the spreadsheets below, the Average Sales Price has been steadily declining over that same period, as well with a high of $544,375 in 2008 and $444,750 through the current period of November 2011, however the rate of decline in average sale price for similar type properties is significantly less than that of other nearby towns. There are (2) units currently For Sale with one unit Pending or Under Contract and (4) units that Sold within the past 12 months.


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Basking Ridge NJ Real Estate Maple Run Townhomes Market Update November 2011

Maple Run Townhomes in Basking Ridge NJ

Bob Zorechak - Sells Homes in Morris/ Somerset/Hunterdon Cos., NJ 908-267-2465: Real Estate Agent in Chester, NJ

Maple Run Townhomes in Basking Ridge NJ

by Bob Zorechak - GRI, ABR, e-PRO


Maple Run Townhomes in Basking Ridge NJIdeally located in the northeast corner of Basking Ridge (Bernards Township) and one mile from the center of town, shopping, restaurants, golf, the train and bus to NYC, award winning schools, major commuter highways and much more, the Maple Run Townhomes in Basking Ridge NJ are truly a hidden gem. This 64 unit development offers a private and secluded setting consisting of contemporary style townhomes situated primarily in cul-de-sac configurations for maximum privacy.



Maple Run Townhomes in Basking Ridge NJ

Architectural features (depending on the individual models) include open floor plans with lots of light and glass, wide entry foyers, curved walls, vaulted ceilings, lots of hardwood, fireplace, a loft overlooking the Living Room, an abundance of closet space, full basements and much more. Units vary from two to three bedrooms and one to two car garages. Some units have large, open common areas for their backyards, while others have a more wooded setting. The entire development is professionally landscaped, with the homeowner’s association responsible for maintenance of the exterior, landscaping and snow removal. There are also tennis courts within the development.


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Maple Run Townhomes in Basking Ridge NJ