![]() |
|
|
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.
![]() |
|
|

Monthly Statistics for the Date Range Selected
|
Date |
Units Listed |
Listed Average |
Pended |
Units Sold |
Sold Volume |
Sold Average |
Average DOM |
|
|
Sep 2008 |
16 |
1,328,900 |
3 |
14 |
13,473,925 |
962,423 |
158 |
|
|
Aug 2008 |
18 |
1,037,711 |
9 |
21 |
23,092,500 |
1,099,642 |
86 |
|
|
July 2008 |
17 |
1,015,446 |
14 |
25 |
23,783,400 |
951,336 |
71 |
|
|
June 2008 |
25 |
936,396 |
16 |
25 |
26,495,599 |
1,059,823 |
80 |
|
|
May 2008 |
29 |
1,367,493 |
24 |
14 |
15,142,875 |
1,081,633 |
99 |
|
|
Apr 2008 |
36 |
1,259,736 |
21 |
14 |
13,658,999 |
975,642 |
87 |
|
|
Mar 2008 |
29 |
1,033,782 |
19 |
12 |
11,106,485 |
925,540 |
233 |
|
|
Feb 2008 |
38 |
1,248,218 |
13 |
11 |
13,740,500 |
1,249,136 |
115 |
|
|
Jan 2008 |
33 |
1,207,869 |
12 |
9 |
9,564,000 |
1,062,666 |
110 |
|
|
|
|
|
|
|
|
|
|
|
|
Totals: |
242 |
1,170,889 |
131 |
145 |
150,058,283 |
1,034,884 |
106 |
|
|
|
|
|
|
|
|
|
|
|
Inventory Accumulation for the Last 12 Full Months
|
|
|
|
|
|
|
Current Inventory * |
Inventory Volume |
Current Average |
Average Monthly Sales** |
Inventory Accumulation *** |
|
100 |
162,974,587 |
1,629,745 |
14 |
7 |
*Current Inventory is based on the actual available properties on the date this report was created.
**Average Monthly Sales is the average sales for the last 12 full months
***Inventory accumulation (in months) = Current Inventory Units / Average Monthly Sales
Pricing Details of Sold Units for the Date Range Selected
|
Minimum Prices |
Maximum Prices |
Average Prices |
|
Original List Price : $247,500 |
Original List Price: $3,600,000 |
Original List Price: $1,156,286 |
|
Sold Price : $245,000 |
Sold Price: $3,185,000 |
Sold Price: $1,034,884 |
|
|
|
|
Inventory Accumulation figures are only calculated when Report End Month is the current month
![]() |
|
|
Princeton real estate housing market analysis, and real estate market reports for the surrounding towns of
Montgomery Township, West Windsor/Princeton Junction, Hopewell, is a big part of the Princeton Real Estate blog.This is also one of the most popular features for home buyers and sellers. It takes several hours to dvelop one real estate report. I do it because there are few, if any, places where such information is available. In this article I assembled the Quarterly and Monthly reports for 2008 as well as the summary for 2004-2007.
Princeton Market Reports
Princeton NJ Mercer County Real Estate Market Housing Report -Second Quarter 2008
Princeton NJ Mercer County Real Estate Market Housing Report -First Quarter 2008
Princeton NJ Mercer County Real Estate -Homes for sale prices 2004-2007
Princeton Real Estate - Housing Prices, Market Reports, Statistics
Princeton NJ Mercer County Real Estate - How Long Does It Take To Sell Princeton 2006-2007
Princeton Monthly Market Reports
New Jersey Real Estate -Princeton Real Estate Housing Report May 2008
Princeton NJ Real Estate Mercer County homes -Housing Market Statistics March 2008
Princeton NJ Mercer County Real Estate Market Report - Housing Statistics 2008
To discover how Princeton real estate market affects your home bying and selling in the Princeton area contact Princeton New Jersey real estate agent at 609-553-4175. If you are not ready to discuss your plans, please explore this site and search for Princeton homes for sale.
![]() |
|
|
|
DATE |
UNITS LISTED |
LISTED VOLUME |
LISTED AVERAGE |
PENDING |
UNITS SOLD |
SOLD VOLUME |
SOLD AVERAGE |
AVERAGE DOM |
|
Aug 2008 |
17 |
17,899,700 |
1,052,923 |
7 |
20 |
22,842,500 |
1,142,125 |
90 |
|
July 2008 |
15 |
17,262,663 |
1,159,844 |
13 |
25 |
23,783,400 |
951,336 |
71 |
|
June 2008 |
25 |
23,819,400 |
952,776 |
15 |
25 |
26,495,599 |
1,059.823 |
80 |
|
May 2008 |
28 |
34,510,400 |
1,232,514 |
25 |
14 |
15,142,875 |
1,081,633 |
99 |
|
April 2008 |
35 |
41,020,499 |
1,172,014 |
21 |
14 |
13,658,999 |
975,642 |
87 |
|
March 2008 |
29 |
30,331,100 |
1,045,900 |
19 |
12 |
11,106,485 |
925,540 |
233 |
|
Feb 2008 |
37 |
38,744,400 |
1,047,145 |
13 |
11 |
13,740,500 |
1,249,136 |
115 |
|
Jan 2008 |
33 |
39,859,690 |
1,207,869 |
12 |
9 |
9,564,000 |
1,062,666 |
110 |
|
|
|
|
|
|
|
|
|
|
|
Totals |
219 |
243,447,852 |
1,111,634 |
125 |
130 |
136,334,358 |
1,048,725 |
102 |
Information Reliable but not guaranteed.
Thinking About Buying or Selling Real Estate in Princeton Twp., NJ or have Questions
Please feel free to contact me, Christine O'Shea, Realtor-Associate, NATIONS

ActiveRain Corp. is not responsible for the accuracy of the site's content (which is written by members of the ActiveRain Real Estate Network) and does not endorse the views of the real estate agents, mortgage brokers, and others listed here.
Powered by the ActiveRain Real Estate Network
© 2012 ActiveRain Corp. All Rights Reserved