Posts Tagged 'Berkeley heights'

New Trails in Watchung Reservation

watchungrez

The Union Co. Dept. of Parks & Recreation hosted a meeting and presented a Trails Master Plan that has been developed for the Watchung Reservation.  This plan will create new trails and open the Watchung Reservation to mountain biking. The meeting was held on Tuesday, March 7 at 7:00 p.m. at the Trailside Nature & Science Center. The map above shows proposed biking trails in light blue, hiking trails in light green and horse/hiking trails in purple.

Reps of the Parks Department and its trails planning consultant explained the plan and answered questions.  Those attending had an opportunity to offer their input on the plan. A similar meeting was held last October, primarily for mountain biking enthusiasts.

The Trails Master Plan includes the construction of 13 1/2 miles of new trails which will be restricted to mountain biking only.  The new trails will be spread throughout most areas of the park.  Portions of the Sierra Trail and other existing hiking or equestrian trails will be shared by all users, including mountain bikers.  Some sections of existing hiking trails will be closed.  Debate is still ongoing regarding possible effects on wildlife and neighboring property.

Advertisements

Year End Sales figures for nearby towns

yearend

Sold & Rented 2013

HOMES SOLD IN 2013

  • 108 Roland – SOUTH ORANGE
  • 26 Hilltop – BERKELEY HEIGHTS
  • 29 Riggs – SOUTH ORANGE
  • 23 Arcularius – MAPLEWOOD
  • 21 Warren – MAPLEWOOD
  • 98 Harvard – MAPLEWOOD
  • 204 Lexington – MAPLEWOOD
  • 370 Vose – SOUTH ORANGE
  • 7 Highland – WEST ORANGE
  • 120 Roland – SOUTH ORANGE
  • 27 Burr – MAPLEWOOD
  • 833 Valley – UNION
  • 30 New England – MAPLEWOOD

 108frnt 100830034_1

_MG_5798  100751345_1

100774526_10 2946614_1

2983338_0  100801686_4

highlalndWO  roland

VALLEY  BURR

newengland-1

* * *

UNDER CONTRACT

  • 67 Oakland – MAPLEWOOD

67oaklandx  

* * *

HOMES RENTED IN 2013

  • West End Rd, SOUTH ORANGE
  • Hughes St., MAPLEWOOD
  • Upper Mtn. Ave., MONTCLAIR
  • Springfield Ave., MAPLEWOOD
  • Tuxedo Pkwy, NEWARK
  • Myrtle, MILLBURN

100809682_11  2986038_0

??????????  100704504_2

2988422_0  MYRTLERENT

School Rankings

columbia

Many area High Schools rated in top tenth of NJ’s high schools – from a US News  & World Report survey out of 395 public high schools

Columbia moves up again from 48 to 36.

Chatham 13,

Millburn 15,

Summit 18,

Westfield 22,

Madison 27,

Livingston 29,

New Providence 34,

Columbia (S. Orange & Maplewood) 36

Governor Livingston (Berkeley Hts) 37

http://www.usnews.com/education/best-high-schools/new-jersey/rankings

Spring Market Heats Up

Please look at what’s going on in New Jersey’s bedroom communities 🙂   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.

July Real Estate Market Conditions

The local real estate market continues the turnaround begun early in the year.  Here is the July update on Real Estate Absorption rates in the area.  The absorption rate number is how many months it would take for the current inventory of listings to sell given the current monthly rate of homes going under contract.

As buying has been brisk this spring and early summer, inventory has remained stable.  Its possible the rates will drop even further as less new listings hit the market in the fall and the remaining inventory continues to be sold.

Market Improvement

Real Estate conditions are improving!

Absorption rates are a common measure of how fast homes are selling.  Here, for example, the absorption rate for South Orange has dropped from 8 or 9 to 4.7.  This means at the rate that homes are selling now (20 in the last 30 days), it would take 4.7 months for all the listings available (94) to sell.  If these rates begin to stay under 5 we will gradually be moving from a buyer’s market toward a seller’s market.

 


Categories