November 1 – 15 Home Sales in Nearby Towns

Rumson Realtor Len Dunikoski

Leonard “Len” Dunikoski, SRES
Seniors Real Estate Specialist
REALTOR® Associate
Diane Turton Realtors – Rumson Office
8 West River Road
Rumson, NJ 07760

(732) 239-0739  (cell)    (732) 530-6686 (office)

ldunikoski@dianeturton.com

Some of you have asked me about home sales in Shrewsbury, Tinton Falls and other nearby towns that aren’t immediately adjacent to Rumson or Fair Haven. Several months ago we had a post entitled “Where Can They Afford to Live?”, giving median sales prices of homes in towns like Shrewsbury, West Long Branch, etc., and I’ll update that information from time to time. Some of you may be inquiring for a friend or family member, and others may be thinking about downsizing or capturing some of the equity in your current home and investing it elsewhere. Currently there’s a lot of demand for investment properties.

One of the big questions in Realtors’ minds is what the aftermath of Sandy will be on the Monmouth County real estate market. Will the devastation on the barrier islands cause more people to decide to look for homes on the mainland instead of rebuilding? Will localities and/or the state impose costly new building restrictions for homes in flood plains? The next 6 – 9 months may give us some of the answers to these questions.

Here are the homes that sold in the first half of November in several nearby towns (FP = fireplace; Gar = Garage spaces; CDOM = Cumulative Days on Market). Information believed to be correct but not guaranteed.

Address Closing $ CDOM Bed Bath Half FP Gar Sq Ft $/Sq Ft
Eatontown:
282 Broad Street $224,000 31 2 1 0 1 1 1,282 $175
Long Branch:
79 Morrell Street $206,000 0 3 2 0 0 1 1,416 $145
Oceanport:
43 Burntmill Circle $423,000 199 4 2 1 1 2 2,304 $184
138 Main Street $525,000 24 3 4 0 2 0 3,297 $159
Red Bank:
73 Chapin Avenue $190,000 102 3 2 0 0 0 1,316 $144
Shrewsbury:
24 Silverbrook Road $455,000 170 3 2 1 1 1 2,118 $215
Tinton Falls:
56 Danbury Road $158,000 62 3 1 1 0 1 1,654 $96
16 Mount Run $330,000 67 3 2 0 1 2 1,354 $244
13 Churchill Downs $425,000 53 4 2 1 1 2 2,311 $184
8 Gallant Fox Road $807,500 128 4 3 1 1 3 3,762 $215
West Long Branch:
15 Elmwood Avenue $172,500 87 3 1 0 0 1 1,044 $165
35 Poplar Avenue $267,500 25 3 1 0 0 1 1,332 $201
85 Parker Road $272,500 41 3 1 1 0 2 1,800 $151
19 Mitchell Terrace $467,500 372 4 2 1 1 2 2,430 $192
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This entry was posted in Fair Haven Realtor, Oceanport Homes Sold, Rumson NJ Real Estate, Rumson Realtor, Shrewsbury Homes Sold. Bookmark the permalink.

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