Finding a home in Montclair NJ

Homes & Real Estate for Sale in Montclair New Jersey

Monctlair NJ Real Estate

Thinking about moving our of New York City, but would still like to be close? well then Montclair New Jersey may be what your looking for.

Montclair is a middle class upper scale area that is about 10 miles outside of New York City , it does have a direct train into Penn Station and does boast some affordable homes & condos in town.

The downtown area of Montclair is centered on Bloomfield Avenue, although there are also shopping strips on Valley Rd, Watchung Ave, Walnut St, the corner of Cedar Ave and Orange Rd and a downtown area in Upper Montclair. Aside from a number of antique furniture, jewellery, and other bohemian-feel shops, there is a wide variety of retailers that sell shoes, clothing, toys, gifts, art, pharmacy items and white-goods. Bloomfield Avenue downtown has two multi-storey parking decks (carparks) that service the commercial centre and there is short-term metered parking widely available. Montclair has a Social Security Centre and a large public library, with a range of different churches and a synagogue catering across different religious groups.

One of the most attractive features of Montclair is its eclectic range of restaurants and cafes. Eateries include Greek, French, Ethiopian, Cuban, Caribbean, Japanese, Italian, Turkish, Chinese, Asian, Thai and Indian cuisines. There are also numerous coffee places and pizzerias. ‘Raymonds’, the main local diner near the Bloomfield Avenue downtown area, is a popular eatery, where you will need to be early to get a seat!

Some other appealing art and entertainment venues include the Wellmont Theatre, Montclair Operetta Theatre, movie theatres, art galleries and the ‘Montclair Art Museum

Unlike the vast majority of other townships in NJ, Montclair’s public school system is based on a magnet system, where pupils can attend any of the towns elementary (6) and middle schools (3) although there is only one high school. The town is also home to Montclair State University.  Montclair hosts several private educational institutions including catholic and other private schools.

If your thinking about moving to Montclair and would like to see what type of homes are available your can see Montclair Homes For Sale & Apartment Rentals as well.

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      Nutley Property Listings Heed the Call of Spring

      Nutley Spring Home SalesWith spring in the air, notions of fresh starts and new horizons have a way of pushing into just about everybody’s consciousness. It’s only natural, whether because of the weather, school schedules, or everything else around us that seems fresh and new. And something else is in the air, too: if past history is any guide, now is also simply the most popular time of year to sell or buy Nutley property.

      For those with a home to sell, this is traditionally the most active time to be in the real estate market. Homes entered in local property listings during springtime can be expected to attract buyers more quickly, and they stand a better chance of fetching a good price. With 60% of moves in America taking place during the summer months (most likely a reflection of the school year schedule), it stands to reason that spring is a great time to get your Nutley property onto the market.

      For potential homebuyers expecting to shop for a new home sometime this year, there is ample reason to swing into action sooner rather than later. Nutley property listings can be expected to conform to the national trend: at a rapidly rising rate, Realtors® expect constant or higher residential prices in the coming year (73% vs. 62% just three months ago, according to the NAR). Following the past few years of price declines, it won’t be surprising if the market’s recovery brings a rapid rise in prices. Then the bargains people have begun to take for granted could quickly become tomorrow’s regretful “I could have bought that house for only $—” stories…that happens again and again. Those who know they are going to be in the market this year should seriously consider getting in the market!

      For both buyers and sellers, spring is the most popular season for a number of reasons. Especially for families with kids in school, or anyone whose business is geared to encourage summer vacations, it’s also the most sensible time to act. Whether you will be adding your own contribution to our Nutley property listings, or beginning to comb those property listings to zero in on a new home, do get in touch with me to help make this spring the one that makes 2012 your Year of the Big Move!

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          Why now is a great time to sell your Nutley Real Estate

          Inventory is low! Rates are low! Nutley Real Estate Prices are on the rise! if you own a home in Nutley NJ, even with the closing of ROCHE now is a great time to sell your home in Nutley and get the highest price possible. I have a growing database of buyers coming from New York City and they are all looking for property to buy in Nutley. Check out some of statistics regarding Nutley’s housing market and then go here to find out what your home in Nutley may be worth.

          Today’s Current Mortgage Rates from Bankrate.com

          Mortgage Rates in Nutley

          Price Trends – Sold vs. Listed in Nutley

          Understand the difference between “listing prices” (what sellers are asking for) and “sold prices” (what buyers are willing to pay).

          By comparing these price trends, you’ll have a good idea of where the market is heading. The median listing and sold property prices are calculated based on the market activity each month.

          Nutley Home Values

          Market Inventory Trends in Nutley

          The number of active listings in Nutley (07110) increased by 23.6% from the previous month.

          The median number of days active properties have been listed is 66. This is significantly shorter than the national average.

          Nutley Real Estate Market

          Property Ownership in Nutley

          The percent of unoccupied properties is very low in Nutley (07110) . It is -12.74% below the national average.

          The percent of rental properties in Nutley (07110) is 15.87% above the national average which is typical for urban areas.

          Nuutley Property Owners

          Additional Statistics for Single Family Homes and Condos in Nutley, NJ

          For more detailed information on Nutley Housing Trends Go Here

          $316,300
          Median Listing Price
          66
          Median Days on Market
          143
          Active Listings
          2.1%
          Distressed Listings
          (foreclosures and short sales)

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            Fans of late-night TV will recall the infomercials of a few years ago, hawking zero-down loans. Those loans, along with loans requiring no documentation, were being handed out like candy to anyone who applied, and were largely blamed for the mortgage industry implosion.

            In the wake of that mess, mortgage lenders tightened standards. Lenders began demanding that homebuyers needed some skin in the game – a healthy down payment – to make them think twice about defaulting on the loan.

            Zero-down loans became a memory.

            Today, you have three choices if you’re seeking a mortgage without a down payment: Navy Federal Credit Union, The U.S. Department of Agriculture (with no-down loans for very low-income borrowers who agree to live in rural areas), and the Department of Veterans Affairs (VA).

            “The VA loan is the best mortgage around,” according to Envoy Mortgage’s Nathan Raich. “Not only will you not be required to make a down payment, there’s also no mortgage insurance requirement, which makes the loan even less expensive. Finally, borrowers typically get a lower interest rate with a VA mortgage than with a conventional loan,” he concluded.  Read More

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              Where to Look for Hidden Gems in Nutley Real Estate

              Pricing a home in Nutley is more art than science.

              Get beyond the standard information you can search online like square footage, bedrooms, bathrooms, year built, etc. Homebuyers in Nutley should be on the lookout for some of these hidden gems that may undervalued (or not even included) in the listing price.

              We asked the ActiveRain community to tell us what they thought were some of the hidden gems in real estate, it’s no surprise that some people thought certain features ‘a waste of money’ while others thought the exact same feature ‘worth every penny!’

              But at the end of the day, Nutley real estate professionals are in agreement, there are certain hidden gems in a home that have the potential to add long term value for a buyer and might not be actually reflected in the selling price.

              This community sourced data, which we turned into an infographic, allows a buyer to look beyond the obvious things that affect price and identify hidden gems that could add value to the next home they purchase.

              Nutley Real Estate

               

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                    Cambridge Heights Townhomes in Nutlley

                    Looking for a Townhome in Cambridge Heights in Nutley

                    Your search found 22 homes.

                    Narrow results with Advanced Search

                    • 310 Wilshire Dr

                      Nutley, NJ 07110

                      $489,900

                      • 2
                      • 4
                      • 2000
                      • Active
                      • 3096553
                      Elegant and unique three level townhome with hardwood floors, crown molding, and wainscot on every level. Open kitchen with granite counter tops, SS a…
                      Listing courtesy of RE/MAX PARK SQUARE
                    • 579 Brittany Cir

                      Nutley, NJ 07110

                      $410,000

                      • 2
                      • 4
                      • 0
                      • Active
                      • 3123923
                      Rare and spacious Coventry model in gated community with pool, gym, tennis courts,& on site management. Offering an open kitchen & dining area, 2 bedr…
                      Listing courtesy of COLDWELL BANKER FRANKLIN REALTY
                    • 554 Coventry Dr

                      Nutley, NJ 07110

                      $375,000

                      • 2
                      • 2
                      • 1700
                      • Active
                      • 3122014
                      Lovely Alexandria model in Cambridge Heights!
                      Listing courtesy of LIBERTY REALTY, LLC.
                    • 517 Coventry Dr

                      Nutley, NJ 07110

                      $375,000

                      • 2
                      • 4
                      • 1966
                      • Active
                      • 3046389
                      Spacious Regency model with approx 1966 sq ft, 2 bedrooms and 3.1 full baths. Updates throughout. This is a short sale and is being sold ‘as is’. Buy…
                      Listing courtesy of KELLER WILLIAMS VILLAGE SQUARE
                    • 105 Cambridge Dr

                      Nutley, NJ 07110

                      $364,900

                      • 2
                      • 2
                      • 0
                      • Active
                      • 3114715
                      Great End unit! This Wellington model offers updated kitchen and baths, open & bright floor plan, loft, cent air, In gated community with pool, club …
                      Listing courtesy of COLDWELL BANKER FRANKLIN REALTY
                    • 114 Cambridge Dr

                      Nutley, NJ 07110

                      $338,700

                      • 2
                      • 3
                      • 1473
                      • Active
                      • 3086231
                      Exciting TH(Buckingham) flexible flr plan,Updated Kit w new ss appl., fireplace in Family Rm.Bonus Rm. 2nd fl ., New HotwH,Nice view of Fountain from…
                      Listing courtesy of COLDWELL BANKER REALTORS

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