Hopatcong, NJ

During the month of May 2009 there were thirty newly listed properties inHopatcong Boro. with an average asking price of $313,827.00. There were sixteen properties that went under contract and passed attorney review, the average asking price for these homes was $183,256.00.

During the month there were a total of eleven homes that transferred title they had an average asking price of $205,709.00 and an average Sold Price of $197,605.00. these properties were on the market for an average of 129 days!!. These figures represent a 96.06% of List Vs. sold price.

If you own a home in Hopatcong Boro., and would like to know it's price for resale value please give me a call at the number listed.

This report has been written by; Gary J. Rocks of Sussex County Real Estate and the information has been supplied by the Garden State Multiple Listing Service.

During the month of September 2008 there were Thirty nine newly marketed properties with an average asking price of$281,092.00. Of these properties one property went into Attorney Review it had an asking price of $225,000.00 and offered10 rooms, four bedrooms, with two full baths situated on a .207 acre parcel.

Eight properties went under contract with an average asking price of $327,287.00 and had been on the market for an average of 83 days.

Fifteen properties transferred title with an average asking price of $275,555.00 and an average sold price of $265,460.00 and were on the market for an average of 90 days.These properties on average received on average 96.34% of their asking price!

Twenty two properties expired from the market with an average asking price of $346,637.00 and were on the market for an average of 214 days.

Lake Hopatcong NJ is the largest motor boat lake in NJ,within its boundaries are many things to do such as restaurants galore where you can either drive your car to or pull up your boat too. It is centrally located to major transportation and highways with the Rockaway Mall. Plenty of all year round activity for the entire family to enjoy. Picatinny Arsenal is nearby and NYC is under 1 hour drive!

If you are considering making a move into the Country and enjoy water sports you should seriously consider Lake Hopatcong, NJ.

Newly listed charming and cozy 1 bedroom Ranch style home in the Hopatcong Hills. This is a ready to move in home- a terrific alternative to a condo with your own private yard, nice stone patio, and your own off street parking plus NO monthly Association fees to pay.

This home features a new kitchen, new bath, new gorgeous hardwood flooring, is tastefully decorated, it has a new roof and new vinyl siding. Very reasonable property taxes also help make this home affordable. This would make a perfect home for a single person or a great starter home for a couple.

Listed at $149,000

Here are some pictures of the exterior

And some interior shots

This home is offered for sale by:

Jim Albano & Jean-Marie Vantuno

For more information on this and other North Jersey properties visit: www.yourhomenorthjersey.com

39 E. Main St.

Little Falls, NJ 07424

973-256-0303

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www.yourhomenorthjersey.com

www.northjerseycondos.com

www.montclairbound.com

AREA MARKET REPORT FOR HOPATCONG BORO., NJ FEBRUARY 2008

INFORMATION PROVIDED BY THE GARDEN STATE MLS AND COMPILED BY; GARY J. ROCKS, SUSSEX COUNTY REAL ESTATE.

During the month of February 2008 there were 40 newly marketed properties with ana average asking price of $336,795.00. The lowest marketed property is asking $199,900.00 a three bedroom two bath ranch. the highest is asking $1,300,000.00 for a 5 bedroom Colonial on 1.4 acres of property.

Twelve properties went under contract with an average asking price of $211,725.00 and were on the market for an average of 105 days.

Six properties transfered title with an average asking price of $252,933.00 and an actual average sold price of $204,366.00 these properties were on the market for an average of 16 days!

Seven properties were withdrawn from the market with an average asking price of $232,142.00 and were on the market for an average of 120 days.

Twenty properties Expired from the market with an average asking price of $310,912.00 and these properties were on the market for 187 days on average.

Looking to buy or sell in Hopatcong Boro., well look no further call me today.

LAKE HOPATCONG AREA MARKET REPORT FOR JANUARY 2008

DURING THE MONTH OF JANUARY 2008 THERE WERE 40 NEWLY MARKETED PROPERTIES WITH AND AVERAGE ASKING PRICE OF $300,737.00

The least expensive property was listed with an asking price of $100,000.00 a three room ranch with one bedroom and one bath. There are still properties available in New Jersey for the first time home buyer!

The most expensive home listed was an expanded ranch style home with 11 rooms 3 bedrooms and 2 baths with an asking price of $699,900.00.

Six properties went Under Contract with an average asking price of $221,583.00 and had been on the market for an average of 50 days!

Sixteen properties closed title with an average asking price of $263,675.00 and an average SOLD PRICE of $257,518.00 this represents a 97.66% List to Sold Ratio!! Outstanding!!!

Twelve properties were withdrawn from the market with an average asking price of $336,975.00.

Twenty-Three properties expired from the market with an average asking price of $378,530.00, this is a big difference between actual asking Vs. actual sold!!

Lake Hopatcong Borough is a great area for the outdoor sports minded individual with kids, the lake offers motor boating and is New Jersey's largest lake. Picatinny Arsenal is close by for the who work for the military as well as Route 80 for the commuter into NYC. Homes range from the first time home buyer to the move up buyer and everywhere in between.

If you are considering making the move to Lake Hopatcong give me a call, I'll find you the best deal available for you and your family.

If you are considering selling your property call me and I'll show you how your property compares to the local market and get you the highest possible price for your property.