Current Homes Real Estate - May 1, 2014
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Transcript of Current Homes Real Estate - May 1, 2014
We’d like to announce the addition of twonew members to the Gateway Family.
Robert & Shana VentolaWelcome Home
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• In Business for 20 Years• Direct Lender• �urc�ase � �e�nance• �o�e�e �ates• �reat �roducts � er�ice
856-281-1100730 S. White Horse Pike | Audubon NJ 08106
www.gatewayfunding.comRobert Ventola x2099r�ento�a�gatewayfunding.com
Shana Ventola x2100s�ento�a�gatewayfunding.com
See HABER on Page 2
Egg Harbor City North may be South Jersey’s best kept secretReal Estate Showcase Publication
May 2014
by
It has been quite a first year in the Neighborhoods of Cedar Creek, a tradition-ally styled new-home com-munity being built by Brad Haber Homes in Egg Harbor City North.
Out by the lake and adja-cent to the new Cedar Creek High School, Egg Harbor City North may be South Jersey’s best kept secret. It’s 20 min-utes from big-box shopping, transportation by plane, train and automobile, great golf courses, fine dining and all the excitement of Atlantic City.
Philadelphia is less than an hour’s drive away. You can be in New York in less than two hours and Washington in about three.
At this time last year, the first homes were under construction. Now, Neigh-borhood 1 is sold out, and Neighborhood 2 has just opened.
While prices have in-creased, the attractive de-signs, quality construction and value offer the same opportunities to grab your piece of the American Dream while it is still affordable.
Home buyers are offered a five-year tax abatement, which is proving to be a strong draw, second only to participation in the EPA’s En-ergy Star Program.
The abatement provides five years of graduated real estate tax relief and has the effect of lowering real estate taxes to among the most competitive in New Jersey.
The Energy Star-certified
Page 2 Current Homes / Thursday, May 1, 2014
REAL ESTATEEst. 1960
ATLANTIC COUNTY
6054 Main Street, Mays Landing, NJ • 625-7471
YYannielloannielloLouis N.
MAYS LANDINGCLOSE TO CENTER OF TOWN
Two rental houses on property. Front house has 3 bedrooms, 2 baths, living room, dining room, eat in
kitchen, crawl space, gas FWA heat, city water and sewer. Rear house has 1 bedroom, living room, kitchen, bathroom, 2 attached stor-age area, gas FWA heat, city water and sewer. $110,000
MAYS LANDINGC e n t e r of town, Main St. location n e a r L a k e Lenape. L a r g e C o m -m e r -
cial Building. Now partially rented. Lots of possibilities. Owner fi nacing available. $750,000. Includes river access lot.
EGG HARBOR TWP. 3 bedroom r a n c h e r, l i v i n g r o o m , k i t c h e n -d i n i n g a r e a , 1 bath. About 70 years old on 75 ft x
190 ft lot. Parking area, public water and sew-er, Baseboard electric heat $75,000
TWP OF HAMILTON 1969 Mo-bile Home on 100’ x 100’ lot. 2 Bed-r o o m s , K i t c h e n . L i v i n g R o o m -D i n i n g
Room, Den, 1 Bath. FWA Heat, Well and Sep-tic. Buildable lot if Mobile moved. Nice family neighborhood, close to river. $125,000
TWP OF HAMILTON S o m e r s Point Rd. E. to left on Ash-land Ave. P r i v a t e Dead End S t r e e t Beautiful
rancher, 3 Bedrooms, Liv Rm, Fam Rm, Eat-in-Kitch, Attached 2 Car Gargage, Oil BB HW Heat, Central Air, Rear Deck, Above Ground Pool. $229,900 Small outside shed not staying.
EGG HARBOR CITY
140 NEW ORLEANS AVE INVESTMENT OP-PORTUNITY in nice neighborhood. 3 bed-room, 2 bath, living room, dinning room, kitchen, 200’ x150’ lot. OFFERED “AS IS” Call for Appointment.
MAYS LANDING
2 Story Home on 120’ x 100’ corner lot. 4 bedrooms, 2 baths, living room, dining rm, family rm, kitchen, utility rm, total electric heat , central air cond.,workshop rm, alumi-num and vinyl siding, blacktop driveway city water and sewer. $199,000
TWP OF HAMILTON L a r g e home on 1.8 acres, beaut i fu l c o u n t r y s e t t i n g , n e e d s work but f abu lous potential. O w n e r s
still live in house. $100,000 or decent offer
GREATER MAYS LANDING AREA:Commercial Land & Building Privately for Sale. Call My offi ce for Info.
Perfect for Offi ce, Commercial, Medical, Etc. $350,000
TWP OF HAMILTONJust on the market very large 2 Story. Handyman special
on 1.9 acres in a nice country setting. Must see for only $100,000
HABERcontinued from Page 1
homes save hundreds of dol-lars each month for the 15 families living in the Neigh-borhoods.
“But the most compelling feature is our home pricing – the lowest in the entire mar-ketplace,” according to Brad Haber Homes. “You will be very hard pressed to find bet-ter homes at lower prices in a more beautiful setting than at the Neighborhoods.”
While potential home buy-ers can qualify a little easier for a mortgage, interest rates have increased about 1 per-cent since last year and are projected to rise another 1 percent in the coming year.
Each 1 percent is the equiv-alent of a loss of $10,000 in buying power. And there are simply fewer and fewer new home opportunities in our area.
Environmental preserva-tion regulated by the New Jersey Pinelands Commission limits the number of available
building lots, which makes Haber’s 400-homesite com-munity special indeed.
While it may have been better to buy last year, you still have an opportunity to buy a new home with your monthly housing costs at less than the average South Jer-sey rental.
Spring brings the grand opening of the D Model.
This home is 2,200 square feet and features three bed-rooms and 2½ baths.
“The kitchen is spectacular, and the great room adds a new dimension to our excit-ing floor plan offerings,” says Haber. “The look of the house has been totally redesigned from a ‘saltbox’ to a much more traditional design ex-emplified by the grand front porch and set-back entrance. This home is not fully decorat-ed like our E model, but rath-er is a vignette that demon-strates how the spaces ‘live.’”
For potential home buy-ers, Egg Harbor City is a real draw, according to the devel-oper.
“Egg Harbor City is on the move. There is a real sense of community in this old hometown. And with new schools, new infrastructure, new businesses and new residents you can feel the revival. South Jersey has a history replete with stories of thriving small communities which became distressed as new malls and highways and houses drew people from the city core to the green open suburbs.
“But that trend is reversing and there is a new attraction of walkable hometown com-munities. There are places like Collingswood, Haddon Heights and even Hammon-ton which have lifted them-selves up by the bootstraps through sensible develop-ment and redevelopment. Egg Harbor City is the next one, the next ‘it’ community, and you have a chance to get in on the ground floor.
“So come visit our model homes to consider the pos-sibilities … and we’ll see you around the Neighborhoods.”
Current Homes / Thursday, May 1, 2014 Page 3
Open House Weekend
You’re Invited!To Join Us this Weekend!
At many of our Open Houses throughout the region.And Support an amazing cause:The Community Food Bank of NJ
No appointment necessary!
More details at: CasaBellaRealtors.com
We will be accepting Food Donations at any of these participating Open Houses Saturday & Sunday or at
either of our Of� ce Locations.
Saturday, May 3rd1 Schooner Ct, Atlantic City—12-2pm
462 Exeter Ct, Smithville—12-3pm
25 Pebble Beach Dr, EHT—12-2pm
357 Sun� ower Dr, EHT—11-1pm
314 W. Ocean Heights, Linwood—11-1pm
1319 Ray Ave, Brigantine—12-2pm
3 Nordic Dr, Petersburg—12-2pm
5052 West Ave, Ocean City—12-2pm
Sunday, May 4th420 Pine Ave, EHT—12-2pm424 Pine Ave, EHT—12-2pm20 Pierce Rd, EHT—12-2pm
301 Meadows, Galloway—12-2pm4929 Central Ave, Ocean City—12-2pm
401 Bayfront, Ocean City—12-2pm117 E. Groveland Ave, Somers Point—12-2pm
124 Bala Dr, Somers Point—12-2pm10 Pine Ridge, CMCH—12-2pm
1008 Broad St, North� eld—12-2pm
You’re Invited!To Join Us this Weekend!
609.601.1009609.391.1009Colleen Reed
609.910.5405
Page 4 Current Homes / Thursday, May 1, 2014
Curt Barto, GRICell: 609-703-8181Office: 609-872-6616E-mail: [email protected]
1630 New Road Northfield, NJ 0822520th20th YYear of Professional, Dedicated Service to Buyers and Sellersear of Professional, Dedicated Service to Buyers and SellersREALTY REALTY
River Area. Bring your kayak!Please call me at 609-703-8181 for more info!
Egg Harbor Twp. • $259,900Original owner built house on 1.6 acres that backs up to English
Creek; kayak/canoe out to Egg Harbor River; underbrush has been cleared 700 ft back to creek. House has split bedrm layout with
master suite on one side, great rm in center, and 2 bedrms 1 bath + bonus rm on other side. Dining rm and laundry also on main level;
humongous high basement offers endless possibilities and features a walkout doorway to rear yard. Not a drive by since it’s roomier
than it appears from road.
Egg Harbor Twp. • $299,900Custom built contemporary home near Egg Harbor River; home sits off road in clearing in woods that back up to Powells creek ; kayak/
canoe out to River; 3 story home features dramatic great room with 2 story ceilings and a bridge walk overlooking kitchen/ living
rm; ground floor consists of a 1 br inlaw/teenage setup with full bath&kitchenette;3rd floor is master suite and an office/bonus rm; 3
balconies offer pleasant sitting/sunning areas.
Absecon
204 Creek Court, $285,000, March 30, from Catherine R. Kancy and Richard A. Kance to Ernest J. Dibono.
35 Amy Lane, $185,000, March 11, from Allison J. Conlow to Jonathan C. Babcok and Lisa A. Subotin.
23 E. Oyster Bay Road, $61,500, March 25, from Nandkumar Hasija and Sonya Hasija to Maria E. Figeroa.
Atlantic City
1423 Magellan Ave., $61,000, March 14, from Marvelle Nunez to Antonio Teixeria.
19 N. Boston Ave., $140,000, March 19, from Shahru R. Chowdhury and Rubeda Khondakar to Tung Duong and Anh Nguyen.
Brigantine
1 Ocean Drive East, $325,000, March 24, from Gary A. Divincenzo and Marybeth E. Divincenzo to Birgitte Goossen and Michael J Shannon.
313 22nd St. South, $440,000, March 6, from Peter Liccio and Renee Liccio to Lisa L. Fania and Robert M. Fania.
348 Eighth St. South, $590,000, March 27, from Orchid Island LLC and Wallance and Woemer Dev. LLC to Cynthia P. Burke.
Egg Harbor Township
1 Thoroughbred Road, $215,000, March
21, from Jason Skolnick to Jennifer Chuang.108 Greystone Drive, $210,000, March 12,
from Jay Mistry and Neha Mistry to Bipin-chandra B. Patel and Surekhabahen B. Patel.
120 Bonita Dr., $204,500, March 14, from Laura L. McMahon to Christopher Ruef.
122 Briarcliff Dr., $262,000, March 10 from Christopher M. Yecco to Christopher M. Marti-no and Nadine M. Martino.
148 Lees Lane, $265,000, March 13, from Andrew Tobiansen and Katelyn K. Tobiasen to Marilyn Skwire and Stephen Skwire.
207 Atlantic Ave., $75,000, March 10, from Scott L. Warner and Patricia Warner to Elea-nor H. Cavileer and Ronald Cavileer.
23 Imperial Dr., $292,000, March 10, from Nino Cusella and Suzanne M. Cusella to Don-na Hogan and James Hogan.
3 Mountain Lane, $252,000, March 21, from Christina Naughton and Mark Naugh-ton to Ronald L. Hoang and Thanh Hoang.
5 South Ave., $132,500, March 13, from Brian Wilson and Tara Wilson to Herbert Simons.
Galloway Township
131 Kensington Dr., $307,000, March 18, from Gerard Traynor and Lisa Traynor to Federal Home Loan Mtg. Corp. and Eric S. Kaprick.
304 Longfellow Ct., $184,900, March 25, from Dimitre V. Dimitrov and Teodora Stoy-anova to Ching M. Chiw and Elena Chiw.
404 Stockbridge Ct., $415,000, March 24, from Kellu Abdrabouth and Walead Ab-drabouth to Eileen Palladino.
506 Summerwood Pl., $120,750, March 10, from Nicholas A. Galli to Carlo L. Beauchemin and Joseph A. Beauchemin.
641 Eighth Ave., $220,000, March 24, from Erin K. Todd and John W. Todd Sr. to Hae Park and young Chul Park.
Hamilton Township
2005 Hemlock Lane, $184,000, March 5, from Nikki C. Lang to Rita M. Cohen, Steven Cohen and Rita Maria Korch.
29 Renaissance Dr., $259,415, March 17, from May T. Amos to NVR Inc. and Ryan Homes.
501 Sun Pine Drive, $335,000, March 10, from Jill Castro and Marcos Castro to Thomas H. Cifaloglio.
2606 Alamo Court, $105,000, March 11, from Sarah Jane Lewkowitz to Alan Durante.
Linwood
207 W. Barr Ave., $149,900, March 25, from Louise Donohoe and Noel Donohoe to Brenda N. Champion.
210 New Road, $110,000, March 14, from Pierce Properties LLC. to Robin Shields and Thomas Shields.
409 W. Jefferson Ave., $240,000, March 6, from Joseph R. Halpin, Nancy L. Halpin and Thomas J. Halpin to Kira A. Hernandez and Rodis A. Hernandez.
539 Oak Ave, $255,000, March 20, from Kira Anne Hernandez and Rodis F. Hernan-dez to Tamela R. Pittaro.
H-10 Franklin Court, $140,000, March 10, from Nora Depalma to Margaret L. Pace.
Longport
3501 Atlantic Ave., $1,587,500, March 6, from Harold Middleberg and Sherri A. Mid-dleberg to Gv Trust, Armand J. Mancini and Elaine M. Mancini.
111 S. 16th Ave., $475,000, March 28, from Ira Berman and Kathryn Berman to Holly Lichter and Steven Lichter.
Margate
109 N. Lancaster Ave., $712,000, March 7, From Landmark Development No. 4 LLC to Bernice Salamon.
310 N. Mansfield, $701,500, March 13, from Janice Conventure and Michael Bonven-ture to Landmark Development No. 4 LLC.
Northfi eld
109 Haviv Drive, $600,000, March 10, from Adam Saad and Kelly M. Willman to Cherly A. Rizzo and Victor L. Rizzo.
1606 Zion Road, $260,000, March 12, from Phuong K. Hoang to Debra Sternberg and Jerome Sternberg.
2 Cedar Springs Dr., $397,777, March 10, from Douglas James Tracy and Sandra Ann Tracy to Randy Portnoy and Randy Homes LLC.
Atlantic County real estate transactions
See TRANSACTIONS on Page 8
Current Homes / Thursday, May 1, 2014 Page 5
PAPARONE HOMES OF NEW JERSEY, INC • www.paparonehomes.com
In Egg Harbor Twp., NJ:Take Rt. 322 to English Creek Road. South to Ocean Heights Road make left and follow approx. 1 mile on left. Entrance across from Twisted Dune Golf.
609-464-2012SALES OFFICE HOURS:
MONDAY-SUNDAY 10-5 • TUESDAY NOON-53% Co-Op
WE BUILD MORE THAN HOMES...WE BUILD QUALITY, TRUST & VALUE!
Startingfrom
the Mid$200’s
• Trusted LOCAL 3rd Generation Home Builder, Building for Over 36 Years!• Quality Stick Framed Built Homes! (NO Prefabricated Walls)
• Outstanding Standard Features! • Energy Effi cient Homes! • Outstanding Customer Service! • Not required to use a specifi c Mortgage Company – Choose the one that
benefi ts YOU and YOUR FAMILY the most!
THE PAPARONE HOME DIFFERENCE
The BelmontThe Belmont
Only 7 Homesites Remain
OPEN HOUSE SPECTACULARTour Ou
r Two FinishedModels!
IMMEDIATE IMMEDIATE OCCUPANCY OCCUPANCY
HOMESHOMES• FREE Finished Basement
• FREE Gas Fireplace
Coming Soon
Subject to changes, errors and omissions. See Sales Mgr for basement details.
• Special Pre-Construction Pricing• Special Pre-Construction Pricing• Premier New Location • Premier New Location
in Mays Landing!in Mays Landing!
Page 6 Current Homes / Thursday, May 1, 2014
YOLOYou Only List Once
YOUR HOME IS YOUR BIGGEST INVESTMENT. Go with a Realtor you can trust,
a leading professional in the leading of� ce!
1001 Tilton Rd., Northfi eld, New Jersey 08225
I have been a full time licensed realtor in Atlantic county for 20 years, earning the NJAR Million Dollar Sales Award for 10+ years. My mission is to help my clients with their real estate needs.. whether it is selling their current home or purchasing a new home!
BRENDA LAWNCELL: 609-703-6585
OFFICE: [email protected]
www.brendalawn.foxroach.com
“He comforts us in all our troubles so that we can comfort others. When they are troubled, we will be able to give them the same
comfort God has given us.” 2 Corinthians 1:4 (NLT)
Best of the PressGold Winner5 Years Straight
ROOFING, SIDING & WINDOWS
609-646-1444Serving All of South Jersey
Larry and Shawn Stiteler“If You Call, We’ll Show Up”
NJHIC # 13VH00181500
www.eastcoastroo� ng.com
FinancingAvailable
Subject to Approval
Egg Harbor TwpGreat family colonial on nearly an acre corner lot! The covered front porch, bonus den/offi ce, 9 ft ceilings and a custom tray ceiling in the Master Bedroom, make this home worth a look. CALL MARYANNE SAVITCH - CELL: (609) 289 -2918.
$195,000Your Mainland
Real Estate Company, What We List
Turns To SoldALLIANCEDO C21
Maryanne SavitchSales Associate
Paula J Koiro, ABR, GRIBroker Salesperson
LinwoodEnjoy tranquil water views from ev-ery window of this beautiful, freshly painted end-unit Condo in Catalina Cove. This fi rst fl oor unit offers extras like central vacuum, hardwood fl oors and a gas log fi replace. Relax by the pool and enjoy the easy life at the most desirable condo development in Linwood. CALL MARYANNE SAVITCH - CELL: (609) 289 -2918.
$194,500
Egg Harbor TwpBeautiful and Spacious 5 bedroom 3 bath-rooms. Cathedral ceilings and Open fl oor plan. Huge Master bedroom on 2nd fl oor has a HOT TUB and a massive walk-in closet. Heat Lamps in every bathroom! Taxes just lowered in 2013 to $6791. Great secluded neighborhood, make this Beautiful home your dream getaway! Close enough to the beach and shopping and quiet enough to get away! CALL ARMAND MENDELSOHN - CELL: (609) 338-9517.
$259,000 Egg Harbor CityBetter than buying new * All the fi nishing touches are done! * Ready to move right in * 30 yr archi-tectural roof, 3 yr old water heater * Custom paint colors * Ceiling fans all bedrooms & living room * Family room has vented gas fi replace, pocket door for quiet & walk-out sliders to back yard, decks, 24’ a/g pool * Add a door for 4th bedroom now used as weight room * Quality fi xtures and window blinds * Crown molding on main level * Recessed lighting on dimmers * 2nd big deck off dining room * Sprinklers * CALL PAULA J KOIRO - CELL: (609) 290-8321
$199,900 PleasantvilleGreat location, Great investment, 3 apartments. 2Apts- 2bedroom and 1Apt-1bedroom close to the transportation, grocery store. All improvement were done recently: Electric, Gas, roofi ng, siding, heating, windows, etc. Property is Fully rented, but one of them can vacate at the time of settlement. THIS IS NOT A SHORT SALE. CALL GENARO CONTRERAS - CELL: (609) 233-2748.
$199,000
Somers PointTHIS IS YOUR CHANCE TO LIVE RIGHT ACROSS FROM BAY IN HISTORICAL DISTRICT!!! Builders and developers - Here’s your chance to build the dream home you’ve always wanted! Within walking distance to boating, restaurants, bars with public beach across the street!! CALL MARYANNE SAVITCH - CELL: (609) 289 -2918. or DANIELLE DIMATTEO - CELL: (856) 498-6263.
$290,000 MargateBargain opportunities like this don’t come around often! Lowest priced 3 bedroom 2 full bath home in Margate! With a little TLC, this would be a great summer retreat or year round home. Large bedrooms w/ hardwood, open fl oor plan, fi replace & second fl oor deck make this defi nitely worth a look! This is NOT a Short Sale and it did NOT have any damage from Sandy. Only few blocks to beach, shopping, & restaurants. CALL MARYANNE SAVITCH - CELL: (609) 289 -2918.
MargatePrime Margate Location, directly off Margate Causeway Great porch, Walking distance to the beach, restaurants, Church and Synagogue. Make this your perfect Summer beach house! Upstairs level has plenty of livable space with bathroom. Easy to Show. Make an offer!!! 3 bedrooms downstairs, and a 4th upstairs with a bathroom. ARMANDMENDELSOHN - CELL: (609) 338-9517.
$299,000
214 NEW ROADLINWOOD NJ 08221609-927-0020WWW.C21ANJ.COMALLIANCE
Genaro ContrerasBroker Salesperson
Armand MenddolsohnBroker Salesperson
Current Homes / Thursday, May 1, 2014 Page 7
Page 8 Current Homes / Thursday, May 1, 2014
*Must use Oak Mortgage to be eligible for incentive. Although deemed accurate, this information is subject to errors, omissions and subject to change without notice. Incentive cannot be combined with any other offers. See Community Manager for more details. Realtors Welcome!
P RESENTS
ONLY SEVEN NEW CONSTRUCTIONSINGLE FAMILY HOMES
M AY S L A N D I N G , N J
Elegant Estate Homes Priced from $337,900Private Wooded Cul-de-Sac SettingOne Acre Homesites Five Home Designs 2,833 – 4,308 Square FeetMany Luxury Features Proximate to Shore, Atlantic City, Hamilton Mall
LIMITED TIME SPECIAL: FREE SUNROOMAND HALF-OFF HOMESITE PREMIUM*
FOR MORE INFORMATION
Call Alexis @ [email protected]
ALSO NEW SINGLE FAMILY HOMESAT HAWK’S LANDING MIDDLE TWP.
STARTING IN THE $330,000s
Directions: AC Expressway East to Exit 17/Mays Ldg. Go apx. 5 mi to left on Rt.617/Mays Ldg Rd. Slight right to stay on Mays Ldg/Somers Pt Rd. Go 2 mi to left on Ocean Hts Ave. Enclave is on right @ Danielle Ct. For GPS: 32 Danielle Court, Mays Landing, NJ 08330.
SALES OFFICE OPEN: Sat/Sun 12-3 PM @ 32 Danielle Court
Visit us today at SchaefferHomes.com for more information
NOWSELLING!
Schaeffer Family Homes’ newest Atlantic County community, The Enclave, is now open for sale. Visit Saturday or Sunday from noon to 3 p.m. and tour the Winston model home, one of the builder’s most popular home styles. Open by appointment during the week days.
Only seven opportunities remain to build a new home in this established Mays Landing communi-ty. Situated on a private wooded cul-de-sac, The Enclave is located near retail, dining and entertain-ment facilities and is only minutes from the Jersey Shore, Atlantic City and the Atlantic City Airport.
Five home designs are available, ranging in size from 2,833 to 4,308 square feet with prices from $337,900. For a limited time, a bright and spacious sunroom will be included with any home, adding beauty and value to the purchase. (Restrictions ap-ply; see community manager for details.)
“This is a beautiful community of estate homes,” says sales director Christie Redner. “Most include four bedrooms and 2½ baths with two-car side en-try garages, partial stone exteriors, 9-foot first-floor ceilings and poured concrete basement founda-tions.
“There are many small luxury touches that homeowners will appreciate including 42-inch kitchen cabinets with crown molding, hardwood foyer floors, ceramic tile bathroom floors, upgrad-ed decorative molding features throughout, GE kitchen appliances, lifetime warranty dimensional roof shingles and completely drywalled garage in-teriors, just to name a few.”
All homes have GMX Ultra-Shield foundation damp/waterproofing, providing homeowners with a 30-year warranty on their basement foun-dations, as well as a Quality Builders Warranty
Tour The Enclave at Mays Landing this weekend
Take a preview tour of the Winston home design at The Enclave at Mays Landing noon-3 p.m. Saturday and Sunday.
with 10 Year New Homeowners’ Structural Pro-tection. Every home is New Jersey Energy Star Certified, providing energy efficiency that will save money and create a healthier lifestyle while in the home.
To visit the community, take the Atlantic City Expressway east to Exit 17 (Route 50) toward Mays Landing. Proceed about 5 miles to a left onto Route 617 (Somers Point-Mays Landing Road). Make a slight right to stay on Somers Point-Mays Landing Road. Go approximately 2 miles to a left onto Ocean Heights Avenue. The Enclave is on the right. For GPS: 32 Danielle Court, Mays Landing, NJ 08330.
For information or to make a private appoint-ment call Alexis at 856-208-5118 or email [email protected].
Schaeffer Family Homes – Build on the Stron-gest Foundation. We’re now on Facebook, Twit-ter, LinkedIn and YouTube or see www.schaeffer-homes.com.
TRANSACTIONScontinued from Page 4
Northfi eld (cont.)
2029 Oak Ave., $180,000, March 6, from Peter Mussa and Sheila Mussa to Cosenza and Sons Inc.
206 Oxford Circle, $156,000, March 10, from Anthony Reo and Gloria Reo to Bradford P. Cooke and Lauren R. Cooke.
254 W. Mill Road, $180,000, March 25, from Corey B. Lamey and Grant H. Richey to NDGGDR LLC and Daniel Rallo.
408 Jackson Ave. $154,000, March 6, from Austin L. Palmentieri and
Ashley M. Roberts to Ewa Wojciechowski.
Pleasantville
12 Stenton Pl., $71,000, March 10, from Ashley A. Choinacki to Frederick K. Beckmeier and Stephen D. Beckmeier.
710 New Maple Road, $130,000, March 19, from Maybeel Guevara and Angelo J. Santos to Reinaldo Jordan.
Somers Point
118 W. Connecticut Ave., $83,500, March 25, from Dor-othy Dominico and Richard J. Dominico to James Regan Jr.
34 Gulph Mill Road,
$140,000, March 17, from Patrick T. Davish to Penelope J. Davish.
808 Harbour Cove, $227,000, March 25, from Anthony Ratti and Patricia A. Ratti to Greta A. Spirit and Paul D. Spirit.
Ventnor
5713 Winchester Ave., $1,495,000, March 11, from Donna Johnson and George Johnson to Beachwood Real Estate Holdings LLC and Frank Laverde.
16 N. Vassar Square, $196,000, March 13, from James Cameron and Mary-ann Pantilone to Beth Gran-dizio and Steven Grandizio.
Current Homes / Thursday, May 1, 2014 Page 9
with MICHELLE BUSH & LAURA ACKLEY15 Years of Real Estate
and Client ServiceExperience!
601 NEW ROAD LINWOOD NJ 08221 • WWW.BUSHANDACKLEYHOMES.COM
FEEL GOODFEEL GOODABOUT REAL ESTATEABOUT REAL ESTATE
We Donate 10% ofEvery Commission
to the Community Organizationof Client’s Choice
MICHELLE BUSHCELL:
609-849-8576
LAURA ACKLEYCELL:
609-513-5273 OFFICE:
609-601-1009
Ask MichelleQ: I am listing my house for sale soon and
want to make some improvements. What can I do to make a big impact on a very limited bud-get?
A: The goal is to make buyers excited about a home’s potential, not skeptical about potential problems. The first judgments a buyer will make are based on curb appeal and owner’s pride. If ev-erything looks clean and updated, buyers become excited about touring the house; however, if they see nicked paint, unkempt shrubbery, clutter etc., they automatically assume that the home is not well cared for.
So start with the basics. Hire a professional cleaner to detail the inside of the home and re-paint rooms with warm neutral colors. Don’t forget to remove clutter and put away personal items – remember, you want buyers to picture their new life in this home, not become distracted by your existing one.
Next, work on the area where the actual first impression takes place – the entryway and front yard. Buyers stand on the front porch and evaluate what they see for several minutes while the Realtor unlocks the door.
Trim shrubbery and keep grass mowed. Sweep, remove spider webs and re-place light bulbs. Find out what colors are popular right now and give the front door a face lift with a fresh coat of paint. Adding new hardware, a welcome mat and a seasonal wreath will complete the look.
Do you have a question about buying or selling? Ask Michelle! Email [email protected].
Michelle Bush is a real estate professional at Coldwell Banker Casa Bella Realtors, 610 New Road in Linwood. Call 609-601-1009.
Existing-home sales were essentially flat in March, while the growth in home prices moderated, according to the National Association of Real-tors. Sales gains in the North-east and Midwest were offset by declines in the West and South.
Total existing-home sales, which are completed transac-tions that include single-family homes, townhomes, condo-miniums and co-ops, slipped 0.2 percent to a seasonally adjusted annual rate of 4.59 million in March from 4.60 mil-lion in February, and are 7.5 percent below the 4.96 mil-lion-unit pace in March 2013.
Last month’s sales volume remained the slowest since July 2012, when it was 4.59 million.
Lawrence Yun, NAR chief economist, said that current sales activity is underperform-ing by historical standards.
“There really should be stronger levels of home sales given our population growth,” he said. “In contrast, price growth is rising faster than historical norms because of in-ventory shortages.”
Yun expects some improve-ment in the months ahead.
“With ongoing job creation and some weather delayed shopping activity, home sales
should pick up, especially if in-ventory continues to improve and mortgage interest rates rise only modestly.”
The median existing-home price for all housing types in March was $198,500, up 7.9 percent from March 2013. Dis-tressed homes – foreclosures and short sales – accounted for 14 percent of March sales, down from 16 percent in Feb-ruary and 21 percent in March 2013.
“With rising home equity, we expect distressed homes to decline to a single-digit market share later this year,” Yun said.
Ten percent of March sales were foreclosures, and 4 per-cent were short sales. Fore-closures sold for an average discount of 18 percent below market value in March, while short sales were discounted 12 percent.
Total housing inventory at the end of March rose 4.7 percent to 1.99 million exist-ing homes available for sale, which represents a 5.2-month supply at the current sales pace, up from 5.0 months in February. Unsold inventory is 3.1 percent above a year ago, when there was a 4.7-month supply.
The median time on market for all homes was 55 days in March, down from 62 days in
February, and also 62 days on market in March 2013. Short sales were on the market for a median of 112 days in March, while foreclosures typically sold in 55 days and non-dis-tressed homes took 53 days. Thirty-seven percent of homes sold in March were on the mar-ket for less than a month.
According to Freddie Mac, the national average commit-ment rate for a 30-year, con-ventional, fixed-rate mortgage rose to 4.34 percent in March from 4.30 percent in February; the rate was 3.57 percent in March 2013.
First-time buyers accounted for 30 percent of purchases in March, up from 28 percent in February; they were 30 per-cent in March 2013.
All-cash sales comprised 33 percent of transactions in March, compared with 35 per-cent in February and 30 per-cent in March 2013.
Single-family home sales were unchanged at a sea-sonally adjusted annual rate of 4.04 million in March, the same as February, but are 7.3 percent below the 4.36 million pace a year ago.
The median existing sin-gle-family home price was $198,200 in March, which is 7.4 percent above March 2013.
Existing-home sales remain fl at in March
Page 10 Current Homes / Thursday, May 1, 2014
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