Archive for the 'Summit' Category

Summit Restaurant Week

 

food

 

 

 

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YUM, Check out the wide selection of quality food in Summit from February 20 – March 8th

https://cdndata.co/cdn/d08fe9cb589df5cfe39ce2dcd873a52f259ae28c/Participant%20Listing%20Flyer.pdf

 

 

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Spring Market Heats Up

Please look at what’s going on in New Jersey’s bedroom communities ūüôā ¬† Homes going under contract in the month of March for South Orange have doubled from 2011 to 2013.¬† The vast majority of the other towns listed below have also shown significant gains.

underc13

More confidence in the economy, low prices and low interest rates have finally pushed buyers back into the market.¬† A lack of inventory is making for bidding wars on the best homes and shorter selling times for other homes.¬† Its April and if you’re thinking of selling, now’s a great time to¬†do so.

My 2012 sales

Here are pictures of the Essex and Union County homes I guided to closing in 2012.  There were also rentals and referrals which were not included in the gallery below.

hickoryExt1 copy     1677springfieldav     meadowbrookpl

secondst    2918560_0     2928983_1-1

2919242_0-1    2886057_0    2934414_0

2947969_0    2889203_0

Area Real Estate Sales Figures (4q & full year 2011)

Here are the 4th quarter and full year end 2011 real estate figures for our area.

A dip in the number of 4th quarter sales is usually seasonal.¬† The major dip in sales price and list price in the 4th quarter is more than a seasonal dip.¬† Home prices have dropped yet again but we’re hoping to stabilize and begin the slow climb back in 2012.

Area Sales for the full year 2010

Here are the sales numbers for the year  2010 in Suburban Essex and Northern Union counties.   Buyers are returning as the number of sales (sold listings) increased over 2009 figures for the following towns: South Orange, Maplewood, Millburn, Montclair and Summit.  The towns closest to the train lines are feeling the recovery before the others (figures from Garden State MLS).

Please call me if you’ve got any questions about these figures or would like a complimentary CMA (comparative market analysis) done for your home.

Lower your heating bill


Wabbit season, Duck season, HEATING SEASON!

Free, Low Cost and Significant Investments in Lowering your Heating Bills

 

Free Steps to Reduce your Heating Bill

1) Save 3% on your heating bill for every one degree lower you set the thermostat

2) Close the fireplace damper

3) Lower the temperature of the water in your water heater to 115-120 degrees

4) Keep heating vents clear.¬† If they’re blocked by carpeting and furniture you get less circulation of warm air

5) Open curtains on the south side in the day to let in sun, close them at night to keep in the heat

Low Cost Steps to Reduce your Heating Bill

1) ‘Envelope’ Leaks – The gaps around windows and other areas taken together in the average American house equal a 9 square foot hole in the wall.¬† Plugging them can save you 10% of your heating bill.¬†¬† Find the leaks with an incense stick held to the areas you believe to be drafty and watch for the smoke, Or if it’s really cold outside, just run your hands by the suspected areas and you will feel the cold air. Prone areas: Window and door frames. air ducts, chimney flashing, recessed lighting, sill plates,and electric outlets.¬† To fix these leaks buy¬†door sweeps, caulk, caulk gun, or tacky rope and go to work.¬† Apply weather stripping for the outlet gaskets.

2) If the insulation in the attic is not up to the top of the joists, add more…¬† Make sure your attic’s vent stays open to prevent condensation/moisture.

3) Ducts: Make sure the heating ducts are¬†well connected and you’re not losing heat before it even¬†gets to the vents…¬† Use metal back tape instead of duct tape.¬† Make sure the ducts are insulated if they travel thru unheated areas.¬† Swaddle the water heater if it’s in an unheated area.

4) Winterize Windows – After you’ve caulked the frames, if you can’t afford double hung or storm windows, put clear plastic film on those windows for an effective extra layer of insulation.

5) Install a low-flow shower head for less than $20.  You will use 25% less hot water saving on both water and heating bills

6) A programmable thermostat costs $50-$100.¬† Program it lower when you’re not home and higher when you are.

7) In your furnace replace easy things like the air filter.

Investments to reduce your heating bill will pay off

1) Oil fired boilers should be cleaned and tuned annually and gas systems every two years for approximately $100-$125. Gas fired need attention too.

2) Replace appliances, heating units, light fixtures and bulbs with hi efficiency replacements. If your furnace is over 20 yrs old replace it with Energy Star (federal government program promoting energy efficiency).  Homeowners who make energy efficient improvements to exisiting homes qualify for a 10% tax credit up to $500.  A credit is a dollar for dollar reduction in taxes, compared with a deduction which only decreases taxable income.

3) A decent vinyl window might cost $100-$150 and a double paned window with a good ‘e or r’ rating can cost $50-100 more.¬† This will add up when you have 15¬† windows, but replacing the twenty year old windows may be the move that cuts into your heating bill most substantially. Windows also usually qualify for a credit or deduction.

4) Other Improvements that can qualify for deductions/credits include adding insulation, door and skylights

5) Tax credits and other financial incentives also exist for changing to solar water heating and photovoltaic equipment. Solar for pools and hot tubs do not  qualify.


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