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Chester NJ Real Estate - Chestnut Run Market Report
by Bob Zorechak - GRI, ABR, e-PRO
As you can see from the spreadsheet and graphs below, 14 homes have Sold in Chestnut Run over the past 7 years at a somewhat consistent pace with the exceptions of 2011 being the busiest year with 4 sales and 2008 being the slowest year at zero sales. There are 2 homes currently For Sale with zero sales currently Pending.


The Average Sale Price of homes Sold has declined over the past 7 years from a high in 2005 of $935K to $768K in 2011. The lowest Average Sale Price in any single year was in 2009 at $722K, however there were no recorded sales in 2008. There are 2 homes currently For Sale with zero Pending at this time. Prices over the past several years for homes in Chestnut Run range from the mid $600's to the mid $800's, with some of the larger homes selling for more.
What Does the Market Hold for 2012?
Follow the link below to find out in addition to reading the rest of this Chestnut Run Market Report:
For additional details & information on the Homes in Chestnut Run, follow the link below:
Homes in Chestnut Run in Chester NJ
For more information on Chester (Chester Borough & Chester Township) including the schools, follow this link:
All you need to know about Chester NJ
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Chester NJ Real Estate - Homes in Chestnut Run
by Bob Zorechak - GRI, ABR, e-PRO
The homes in Chestnut Run are located on the east side of Chester very close to the center of town, and especially to the elementary and middle schools. This location is prime Chester NJ real estate, convenient to shopping (including Downtown Chester Village, Streets of Chester and Chester Mall, to name a few), the new state of the art library, banks, post office, restaurants, parks and everything else Chester has to offer.
Many have described this enclave of 67 executive homes as a "park-like" setting with its manicured lawns and meticulously landscaped properties. Lot sizes are rather diverse for a planned development of this type averaging a little under 3 acres with the smallest lot around 1 acre and the largest being 7.5 acres. Most lots are flat and generally open, with some backing to the woods boasting more private rear yards. Several of the properties are "flag" lots, which offer the most privacy, yet other lots have views with others being lightly wooded. There are also several cul-de-sacs in this community of 3 streets.
The homes in Chestnut Run were constructed in the mid to late 1980's and are mostly Colonials ranging in size from approximately 3,200 to 4,800 sq. ft. featuring many of today's modern amenities that one would expect to find in an upscale development, including bonus rooms over the garage, libraries, lofts and great rooms, just to name few examples. Although the majority of homes are colonials, they differ in style and architecture, such as southern colonials, the more traditional looking center hall colonials typically found in the Northeast, custom colonials and several contemporary styled homes, which results in avoiding the typical "cookie cutter" looking neighborhood.
These homes typically have 4 to 5 bedrooms, anywhere from 3 to 5 bathrooms, 1 to 3 fireplaces, most with full basements and many with finished lower levels, 2 to 3 car garages, Belgian block curbing, some with built-in swimming pools, and a few with aupair or in-law suites.
Prices over the past several years have been ranging from the mid $600's to mid $800's in this neighborhood, although some of the largest homes will sell for more. The homes in Chestnut Run is truly a great place to call home.
Other developments / neighborhoods in Chester with similarly priced homes include Chesterfield Farms, Colby Farm, Pleasant Hill Estates, Hartley Meadows, Forrest Hill, Highland Farms, Briarcliff, Colts Run and Timber Ridge, among others.
For more information on past home sales and average sale prices follow this link:
Chestnut Run in Chester NJ - Market Report
Why Chester NJ is a Great Place to Live
Chester offers a very high quality of life to its residents beginning with an outstanding public school system with a stellar reputation, a new state of the art public library and plenty of choices available nearby in the private school sector, as well. In addition to the Chester Borough historic shopping district, there is a newer contemporary shopping center (Streets of Chester) which is home to some of the nation's most well known retail designer clothing stores. Open space and public parks and recreation are all in abundance with a wide choice of uses for outdoor enthusiasts and people of all fitness levels.
For more information on Chester (Chester Borough & Chester Township) including the schools, follow this link:
All you need to know about Chester NJ
For more information on Chestnut Run in Chester NJ, call me direct at (908) 267-2465, or email me at Bob@BobZorechakRealtor.com and I will be happy to discuss your specific requirements and find the right home for you.
Follow this link to read the full article on Homes in Chestnut Run:
Chester NJ Real Estate - Homes in Chestnut Run
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