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Real Estate Market

Why This NJ Cape Is Realtor's Hottest Property Why This NJ Cape Is Realtor's Hottest Property
Why This NJ Cape Is Realtor's Hottest Property Elizabeth Morris is having no trouble at all selling the property at 11 Mayfair Dr. At approximately 1,100-square-feet with three bedrooms and two bathrooms, the West Orange Cape Cod house is, well, ordinary. But it's updated. It's in a quiet neighborhood with good school systems.  Oh, and it's affordable. "It's a sad function of our market right now," said Morris, of Prominent Properties Sotheby's International Realty, speaking to the high price point of residential real estate. "There's no inventory and virtually none under $500,000 for a single-family home." According to Roc…
Barn Gets New Life As $1.79M NJ Home Barn Gets New Life As $1.79M NJ Home
Barn Gets New Life As $1.79M NJ Home A barn from the mid-1800s has hit New Jersey's real estate market with a stunning new look and dozens of acres of farmland. Priced at $1,799,000, 184 Lamington Rd. in Tewksbury Township is described as a “creative approach to Green building” following its restructuring into a single-family home with an inlaw suite between 2003 and 2006, the listing says. The 4,721-square-foot property has four bedrooms, four-and-a-half bathrooms, a central mezzanine, two fireplaces, a sunroom, vaulted ceilings, upgraded mechanics, and even its own library. Decorative touches include original hand-hewn beam…
‘Amazing Opportunity:’ Popular Sussex County Gastropub Hits Real Estate Market After 14 Years ‘Amazing Opportunity:’ Popular Sussex County Gastropub Hits Real Estate Market After 14 Years
‘Amazing Opportunity:’ Popular Sussex County Gastropub Hits Real Estate Market After 14 Years A popular gastropub in Sussex County has officially hit the real estate market after 14 years of success. Salt Gastropub on Route 206 in Stanhope is listed at $1.1 million on LoopNet. The 3,260-square-foot property — which sits on nearly a full acre adjacent to a busy highway — is described as turnkey ready and features a fireplace, second-floor apartment, and close water and sewer access, the listing says. The current owner plans to keep the eatery open and fully operational until the right person is found to continue Salt’s legacy, according to a Facebook post. So the decision has …