About Sparta's Lake Mohawk

AREA MARKET REPORT FOR LAKE MOHAWK BYRAM TWP., NJ FEBRUARY 2008

During the month of February 2008 there were six newly marketed properties in Lake Mohawk Byram, NJ with an average asking price of $412,649.00. The least expensive property is asking $274,000.00 for a two bedroom ranch home. The most expensive is asking $599,900.00 for a four bedroom Colonial with 3.1 baths.

One property went under contract with an asking price of $299,900.00. This property has been on the market for 315 days!

Zero properties transfered title this month. Not to be alarmed, Lake Mohawk Byram represents a small section of Byram Township. Mainly the Lake area of what is more commonly know as Lake Mohawk Sparta but Byram Township area.

One property expired from the market with an asking price of $299,000.00 for a two bedroom ranch, which is now being marketed for $274,000.00.

Want to be in a lake community without having to sacrifice your first born? Then maybe you should consider this part of the lake area.

Byram Township and Sparta Twp., children go to different schools and the taxes in Byram are considerably less.

Thinking of buying or selling a home here? Call me, I am here to help!

The above data was collected from the Garden State MLS and compiled by Gary J Rocks of Sussex County Real Estate.

LAKE MOHAWK SPARTA TOWNSHIP AREA MARKET REPORT JANUARY 2008

During the month of January 2008 there were 26 newly market properties in Lake Mohawk Sparta with an average asking price of $734,958.00.

The lowest priced property is asking $279,000.00 it is a 5 room ranch with 2 bedrooms and 1 bath. The highest priced property is asking
$1,950,000.00 a Custom Home located on the Island it offers 9 rooms 4 bedrooms 3.2 baths and a 2 car garage.

As you can see Lake Mohawk Sparta offers a wide variety of homes from the first time buyer to the move up buyer and everywhere in between. Great area for first time buyers, and move up buyers!

There were eight properties reported as Under Contract with an average asking price of $439,574.00. These properties were on the market for an average of 115 days.

Two properties were listed as SOLD with an average asking price of $617,450.00 and actual SOLD price of $532,500.00. This represents an average List Vs. Sold Price of 86.24%.

Four properties were reported as withdrawn with an average asking price of $661,075.00 and these properties were on the market for an average of 119 days.

Seven properties were reported as Expired with an average asking price of $603,214.00 and had been on the market for an average of 203 days.

Lake Mohawk Sparta is a motor boat lake and the home of Damon Jenkins World Renown Water Skier! A great area for the kids and whole family to fish, boat & swim! the area is in close proximity to Picatinny Arsenal, Schools, Shopping and houses of worship.

There is always something to do in Sparta from the water shows, ball games, and summer bands that play in the park on Friday nights! A safe area to live, there is a new senior citizen community with sidewalks that lead you to all the activities in town.

If you are considering selling your property give me a call, many times I get calls for people looking to live in a lake community and more times I have people looking for Lake Fronts!

If you wish to maqke a purchase in this area give me a call first I'll show you the finest homes money can buy and find you the best deal for your money.

LAKE MOHAWK BYRAM TOWNSHIP AREA MARKET REPORT JANUARY 2008

During the month of January 2008 there were two newly marketed properties in Lake Mohawk Byram Township. One property was listed for $327,500.00 a Contemporary Style Home with 10 rooms 4 bedrooms and 2 full bath. The second property is asking $349,900.00 a Lake-style Ranch with 7 rooms 4 bedrooms 2 full baths and 1 car garage. The average asking price is $338,700.00.

There was one property that closed title with an asking price of $750,000.00 and actual Sold price of $675,000.00.

One property was withdrawn from the market with an asking price of $450,000.00 a 9 room 4 bedroom 2.1 bath home built in 1970.

One property Expired with an asking price of $349,900.00 a 7 room 4 bedroom 2 bath with one garage Log Cabin. This property had been on the market for 187 days.

Lake Mohawk Byram Township is situated on the South side of the Lake and enjoys all the same activities as Lake Mohawk Sparta the exception is that there is a different school system and the Taxes for Lake Mohawk Byram are much lower.

Ifyou are considering making a move to the area and want to be in the lake area and would like to pay Lower Taxes, give me a call. I'll show you the best deals out there! If you are considering selling your property call me, I always have people looking for great deals and I'll get you the highest possible price the market will bear.

So what are you waiting for? pack up the kids and head on out to the Country! Get away from the City yet be close to it, Trains and buses are nearby!