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CHARACTERISTICS OF LONG HILL TWP IN MORRIS COUNTY, NJ~GREAT PLACE TO BUY A HOME!

03-16-08

Maria Couto,ABR,CRS-Berkeley Heights & Long Hill Real Estate Homes for Sale

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Office: (908) 376-1568

Mobile: (908) 400-1801

Community Characteristics

These distinctive characteristics represent factors which have a strong influence on this community. Factors are considered "distinctive" if this community falls into the top 25% for these characteristics nationally.

Gillette in Long Hill Twp
Characteristics	Significant Percentage of Family Households Nearby Military Facility(ies)
Closest Airport	NEWARK LIBERTY INTL(15 miles)
Closest 2 Year College	ASSUMPTION COLLEGE FOR SISTERS(8 miles)
Closest 4 Year College	DREW UNIVERSITY(5 miles)
Closest Major Sports Team	Newark Express(16 miles)

Population

Long Hill Twp New Jersey
Population	3,319	8,832,837
Population Density (people/mile)	474	1,137
Population Growth (since 2000)	8%	5%
Male	1,610	4,307,827
Female	1,709	4,525,010
Median Age	41.24	37.15

Age Distribution

Household

Long Hill Twp	Gillette New Jersey
Number of Households	1,195	3,167,345
Average Household Size	2.77	2.73
Household: With Children	503	1,155,085
Household: With no Children	690	2,012,260
Household: Family	945	2,221,460
Household: Non-Family	250	945,885
Total Dwelling Units	1,226	3,465,914

Housing

Stirling, Millinton, Gillette	Long Hill New Jersey
Median Home Price	$494,100	N/A
In Current Residence 5+ Years	51.90%	37.62%
Annual Residential Turnover	8.02%	14.27%
Median Years in Residence	5.56	3.69
Median Dwelling Age	35	38

Housing Type

Transportation
Travel to Work

Income
Millinton, Stirling, Gillette Long Hill New Jersey
Median Household Income $108,876 $63,392
Average Household Income $162,036 $83,312
Average Income Change (since 2000) 17% 14%
Per Capita Income $58,768 $30,662
Sales Tax Rate 7.00% 7.00%
Sales Tax Type CO ST
Median Disposable Income $83,107 $52,505
Household Income by Dollar Range

Net Worth

Gillette,Millinton, Stirling	Long Hill New Jersey
Median Household Net Worth	$67,262	$47,724
Average Household Net Worth	$202,479	$156,184
Median Home Price	$494,100	N/A

Household Net Worth by Dollar Range

Median Value of Assets

Median Value of Debts

Climate

Millington,Stirling,Gillette	Long Hill New Jersey
Annual Precipitation (inches)	51.61	47.39

Average Temperature (°F)

Certain community and school data are provided by Onboard LLC (© 2007 Onboard LLC.). All information is presumed reliable when collected but is not guaranteed and should be independently verified. NOTE: Homes or properties identified might not be within the school district(s) of each school shown or listed.

Information provided By Realtor.com

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HOMES FOR SALE IN GILLETE~FEBRUARY STATISTICS IN LONG HILL~NEW JERSEY.

03-02-08

Maria Couto,ABR,CRS-Berkeley Heights & Long Hill Real Estate Homes for Sale

view my blog
Office: (908) 376-1568

Mobile: (908) 400-1801

GILLETTE PROPERTY STATISTICS REPORT

LONG HILL TOWNSHIP~MORRIS COUNTY~NEW JERSEY

February 2008 Monthy Statistics

Property Type: Single Family~TownHouses~Condos

Status: For Sale / 6 Listings

	Rooms	Bedrooms	Full Baths	Half Baths	Gar Spaces	List Price	Sales Price	%SP/LP	DOM
Min	5	2	1	0	1	369,000	0		13
Max	10	5	3	1	2	989,900	0		311
Average	7.8	3.5	2.2	0.7	1.8	629,466	0		93.2
Median	8.0	3.0	2.0	1.0	2.0	499,900	0		26.0

Status: Under Contract / 5 Listings

	Rooms	Bedrooms	Full Baths	Half Baths	Gar Spaces	List Price	Sales Price	%SP/LP	DOM
Min	6	3	2	0	1	405,000	0		14
Max	9	4	3	1	2	699,000	0		284
Average	8.0	3.2	2.2	0.6	1.8	550,399	0		112.8
Median	8.0	3.0	2.0	1.0	2.0	519,000	0		89.0

Gillete in Long Hill Township is a well kept secret in Morris County in NJ Jersey. Check out Riverside Park Recreation.

Long Hill Schools

Find out more about Gillette in Long Hill Township

Interested in buying a home in Long Hill Township~Morris County~New Jersey

Search for Properties in Gillette~Stirling~Millington

Prepared By:

Maria Lourdes Couto, ABR,CRS,SRES
REALTOR-Associate
RE/MAX Classic Group
440 Springfield Ave
Berkeley Heights, NJ 07922
Cell: 908-400-1801
Direct Line: 908-376-1568
E-Mail: Homes@MariaLCouto.com

Berkeley Heights and Beyond

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PROPERTY STATISTICS FOR GILLETTE IN LONG HILL TOWNSHIP

02-21-08

Maria Couto,ABR,CRS-Berkeley Heights & Long Hill Real Estate Homes for Sale

view my blog
Office: (908) 376-1568

Mobile: (908) 400-1801

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Property Statistics Report for Gillette of Long Hill Township-Morris County-New Jersey

Residential Homes including Condos and Town-Homes

Available Homes for Sale: 8 Listings

For the Month of February 2008

	Rooms	Bedrooms	Full Baths	Half Baths	Gar Spaces	List Price	Sales Price	%SP/LP	DOM
Min	5	2	1	0	1	369,000	0		3
Max	10	5	3	1	2	989,900	0		301
Average	7.9	3.4	2.1	0.6	1.9	613,685	0		78.4
Median	8.0	3.0	2.0	0.0	2.0	499,900	0		16.0

Residential Homes including Condos and Town-Homes

Average Sales Price

As of January 1, 2008 to February 21, 2008

Rooms	Bedrooms	Full Baths	Half Baths	Gar Spaces	List Price	Sales Price	%SP/LP	DOM
Min	5	2	1	0	0	299,000	250,000	83.6	12
Max	16	4	5	2	2	969,900	935,000	99.2	199
Average	7.7	3.2	1.9	0.5	1.6	536,518	504,171	94.0	79.9
Median	7.0	3.0	2.0	0.0	2.0	465,000	440,000		71.0

New Jersey Transit operates frequent commuter train service to Newark, Hoboken and Midtown Direct service into New York Penn Station. Train service also connects with the PATH Trans-Hudson Tubes.

There is train station and parking in Gillette

Prepared By:

Maria Lourdes Couto, ABR,CRS,SRES
REALTOR-Associate
RE/MAX Classic Group
440 Springfield Ave
Berkeley Heights, NJ 07922
Cell: 908-400-1801
Direct Line: 908-376-1568
E-Mail: Homes@MariaLCouto.com

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GILLETTE SALES REPORT FOR 2007 LONG HILL TOWNSHIP

01-14-08

Maria Couto,ABR,CRS-Berkeley Heights & Long Hill Real Estate Homes for Sale

view my blog
Office: (908) 376-1568

Mobile: (908) 400-1801

*GILLETTE IN LONG HILL TWP*
ADDRESS	STYLE	ORIG. LIST. PRICE	FINAL LIST PRICE	SALE PRICE	DOM

319 LONG HILL RD	FIX UPPER, RANCH	299,900	299,000	250,000	52
282 MERCER ST	CAPE COD	335,000	315,000	310,000	91
10 SUNRISE DR	CONDO	319,999	319,999	310,000	31
36 SUNRISE DR	CONDO	324,900	324,900	310,000	46
14 SUNRISE DR	CONDO	325,000	325,000	315,000	37
51 SUNRISE DR	CONDO	334,900	334,900	315,000	62
48 SUNRISE DR	CONDO	324,900	324,900	327,000	10
74 SUNRISE DR	TWNHOUSE - END	389,000	369,000	340,000	83
8 SUNRISE DR	CONDO MultiFlr	349,000	349,000	345,000	6
119 RIVERVIEW AVE	COTTAGE	369,000	359,000	345,000	73
840 MEYERSILLE RD	CAPE COD	429,000	429,000	366,000	81
128 MEYERVILLE RD	CAPE COD	459,900	399,900	370,000	145
598 MOUNTAIN AVE	TWNHOUSE - INT	399,900	389,900	375,000	60
177 HICKORY TAV RD	CAPE COD	469,000	419,000	375,000	134
63 LONGVIEW TER	RANCH	529,000	435,000	386,250	153
77 GATES AVE	CAPE COD	409,000	409,000	400,000	22
460 LONG HILL RD	RANCH	440,000	440,000	400,000	18
371 VALLEY RD	TWNHOUSE - INT	424,900	414,900	400,000	106
91 LACKAWANNA BLVD	COLONIAL	469,000	439,000	425,000	110
57 GILLETTE RD	CARRIAGE	449,000	449,000	425,000	27
67 SUNRISE DR	TWN-INT	479,000	459,000	425,000	128
351 LONG HILL RD	CAPE COD	465,000	465,000	460,000	12
120 RIVERVIEW AVE	CAPE COD	474,900	474,900	465,000	42
496 MOUNTAIN AVE	COLONIAL	539,900	479,900	479,000	183
439 MOUNTAIN AVE	RANCH	549,900	489,000	485,000	50
399 LONG HILL RD	RANCH	514,900	499,900	485,000	88
488 MOUNTAIN AVE	CAPE COD	489,000	489,000	490,000	19
33 NORWOOD DR	COLONIAL	599,000	549,990	520,000	37
135 WOODS END	TWNHOUSE - END	549,900	549,900	523,000	61
10 LACEY AVE	RANCH	545,000	545,000	537,500	30
66 HILLSIDE DR	COLONIAL	539,900	569,900	547,000	50
15 HOMESTEAD RD	RANCH	589,000	549,999	550,000	179
486 LONG HILL RD	RANCH	599,900	599,900	590,700	18
96 COTTAGE PL	COLONIAL	729,000	684,900	667,500	190
503 MEYERSVILLE RD	COLONIAL	725,000	699,000	682,500	62
15 NOLA RD	COLONIAL	729,000	709,000	690,000	39
120 HICKORY TAV RD	COLONIAL	725,000	725,000	690,000	126
152 HICKORY TAV RD	COLONIAL	699,900	699,900	699,900	11
168 HICKORY TAV RD	COLONIAL	699,000	699,000	700,000	16
17 NOLA ROAD	CUSTOM	765,000	749,999	720,000	159
235 GATES AVE	COLONIAL	849,000	775,000	735,000	80
65 MAGNA DR	COLONIAL	799,000	799,000	772,500	79
248 TANGLEWOOD TR	COLONIAL	899,900	879,900	840,000	73
76 LAURA DR	COLONIAL	949,000	899,000	850,000	61
47 NORWOOD DR	COLONIAL	969,900	969,900	935,000	21
99 JODI LN	COLONIAL	1,299,000	1,190,000	1,125,000	173

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LOOKING AHEAD IN lONG HILL TOWNSHIP

01-14-08

Maria Couto,ABR,CRS-Berkeley Heights & Long Hill Real Estate Homes for Sale

view my blog
Office: (908) 376-1568

Mobile: (908) 400-1801

Looking Ahead...

Yes, the average sale price in Long Hill Twp. did decline. However, on a positive note, the number of sales transacted was comparable to that of sales in 2006. There are mixed opinions as to when the market will recover. Housing forecasters are predicting a bottom sometime in the 2nd or 3rd quarter, where as more conservative economists believe the recovery won't be until 2009. In the meantime, Houses Will Continue To Sell In 2008. Statistics have shown us that. And while location, condition and amenities are important elements, Competitive Pricing has been and will remain to be, the major factor to a successful sale.

SINGLE FAMILY 2006 vs. 2007

HOUSES

Number of Sales 65 72

Avg. List Price $687,779 $613,417

Avg. Sale Price $659,560 $590,734

Avg. Days on Market 62 68

% of Change -10.5%

CONDO/TWNH

Number of Sales 22 13

Avg. List Price $418,945 $405,476

Avg. Sale Price $405,609 $385,769

Avg. Days on Market 56 56

% of Change -5%

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All Neighbors in Gillette, NJ

Top Neighbors: The magic behind the mirrors

Gillette, NJ

CHARACTERISTICS OF LONG HILL TWP IN MORRIS COUNTY, NJ~GREAT PLACE TO BUY A HOME!

HOMES FOR SALE IN GILLETE~FEBRUARY STATISTICS IN LONG HILL~NEW JERSEY.

PROPERTY STATISTICS FOR GILLETTE IN LONG HILL TOWNSHIP

GILLETTE SALES REPORT FOR 2007 LONG HILL TOWNSHIP

LOOKING AHEAD IN lONG HILL TOWNSHIP

Top Neighbors

Pictures of Gillette

Map of Gillette, NJ

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