Thursday, March 23, 2006

At A Glance, East Hanover, NJ

East Hanover, NJ - Morris County

GSMLS Listings As of 3/23
Total Active Listings: 43
Up To $500,000: 9
$500,001 - $1,000,000: 33
$1,000,001 And Up: 1

Listing Activity Since 3/1
14 Added
4 Back on Market
15 Price Reductions
3 Under Contract
5 Sold
8 Expired
4 Withdrawn
4 Temporarily Withdrawn

February Sales Activity
Total Sold: 9
Up To $500,000: 3
$500,001 - $1,000,000: 6
$1,000,001 And Up: 0

Sales Prices were 7.27% below Original List Prices

19 Comments:

Anonymous Anonymous said...

How about At a Glance for Warren, NJ.

3/23/2006 09:23:00 AM  
Blogger Richard said...

do westfield. i think it's important to look at the top towns to see how resilient the market is. east hanover is probably considered one step down.

3/23/2006 09:39:00 AM  
Blogger NJGal said...

My favorite realtor post yet:

http://newjersey.craigslist.org/rfs/144428755.html

Don't listen to all that "loom and gloom!"

3/23/2006 09:44:00 AM  
Anonymous Kathy said...

I was wondering if anyone could give me some advise on purchasing a home in Livingston, NJ. We've been looking for properties there for a month. Prices are relatively reasonable compared with those in Millburn/Shorthills, and the school system is supposed to be one of the best in the state. But not sure which section of Livingston is more desirable? Any thoughts and advise would be appreciated.

3/23/2006 10:39:00 AM  
Anonymous Anonymous said...

"I was wondering if anyone could give me some advise on purchasing a home in Livingston, NJ."

My advice to you, would be to go to the Livingston Mall and spend a few hours.

That should greatly help your decision.

3/23/2006 10:51:00 AM  
Anonymous Anonymous said...

Can you do "At a Glance" for Morris Plains?

3/23/2006 12:11:00 PM  
Anonymous Anonymous said...

Kathy - Livingston schools are indeed excellent, and taxes are not as high as other top-tier towns. I am not sure which areas are better than others, but I can say that the Livingston Mall is no reflection on what type of people live there, since most of the people I know from that town shop at the Short Hills Mall. I say do some more research and check it out.

3/23/2006 01:02:00 PM  
Anonymous Anonymous said...

haha, the livingston mall comment was hilarious.

i have been looking on and off in the east hanover area (been living in wayne for 10+ years) -- its good to see these stats. keep up the good work!

3/23/2006 01:12:00 PM  
Blogger njAndrew said...

I have heard that the livingston Mall will be demolshed in a year or two, that it was sold to St. Barnabus Medical System.

I would hold off on Livingsoton, there is a lot currently on the market and I see a lot of fill in building going on, prices will drop after the summer.

Milburn would be considered a step or two above livingston because of Downtown area, train to NYC, school system

Andrew

3/23/2006 01:25:00 PM  
Anonymous Kathy said...

Great advise. Thanks folks for the imput. Really appreciate it.

Actually, we nearly bid on a house on Orchard Lane, Livingston, but someone else got interested and presented an offer first, so we backed out. BTW, this is such a great website, with lots of insights into the NJ property market and nice and friendly people like you : )

I haven't visited the Mall yet, but have heard some negative comments about it. To us, the Mall isn't that important. We care more about the school there. Is it just because of the downtown area in Livingston that is holding people off? How about the community and the neighbourhood?

3/23/2006 01:54:00 PM  
Anonymous Anonymous said...

Kathy, I don't think you can simply ignore what goes on at the Livingston mall.

That's where your kids will hang out when they're teenagers.

A local mall and places such as Burger King can reveal much about a town.

3/23/2006 03:22:00 PM  
Anonymous Anonymous said...

Livingston sucks.. get real. The nice towns are west of 287, but if you NEED to be in that essex/union county border, then go with Scummit or Cheatham. Maybe even Madison. I know people who live in Maplehood, and Millburned and think it is great. Then I know people who used to live there...the ones who were robbed at gun point in low lit area.

3/24/2006 01:08:00 AM  
Anonymous Anonymous said...

Livingston mall is ghetto... it should be torn down and reverted to a natural area.

3/24/2006 01:09:00 AM  
Anonymous Anonymous said...

I know there is a wide section of people working in lower Mahattan financial district residing in Livingston. They prefer to take the bus or Highway 280 instead of the train. So it can't be that bad...

3/24/2006 11:44:00 AM  
Anonymous Anonymous said...

does anyone have any personal thoughts on East Hanover? what are typical lot sizes? i see some pos capes and some larger homes. is it a good town?
Thanks in advance!
MT

3/24/2006 04:34:00 PM  
Anonymous Anonymous said...

I lived in East Hanover for 8 years and graduated high school there. It's a nice town. The better part of EH is the part that borders Florham Park. Lots can be pretty big, up to about a half acre, it depends. Taxes are very reasonable since Kraft/Nabisco is there.

3/24/2006 07:09:00 PM  
Anonymous Anonymous said...

As for Livingston. I happen to live in a $3M home about 3 miles from the Livingston Mall, surrounded by about 20 more of the same, occupied by bankers, lawyers, doctors etc. So I guess the Livingston Mall is really a good representation of the population of Livingston. My point is, take these comments about the mall with a large grain of salt. Many NJ Transit buses run to and from the mall all day.

4/09/2006 09:37:00 AM  
Anonymous Anonymous said...

Is BroadLawn section in Livingston is a good area? Also the neighbourhood of Mt.Pleaseant Elemantary School is good location to buy a home ?

4/16/2006 10:35:00 AM  
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4/18/2006 09:35:00 PM  

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