Princeton Real Estate Market Report through Q3 2018
Princeton, NJ Real Estate Report
Click through to see the latest information on the Princeton, NJ Real Estate Market. All 2018 data is through the end of the second quarter.
Princeton, NJ Residential Tax Appeal
21 Oak Tree Road, South Brunswick Home for Sale
Immaculate & beautifully renovated Colonial cared for & being sold by its original owners! This impeccable, expanded & fully renovated home sits in a great location on a quiet Cul de Sac street & offers an open floor plan with spacious rooms, a large backyard & many other excellent features & upgrades! The large Eat in kitchen was fully renovated in 2015, the bathrooms have all been beautifully renovated, the basement is finished, A large Sunroom has been added to this impeccable home! The roof was replaced in 2015, siding (2015), furnace (2018), water heater (2014), driveway (2014), all windows were also replaced! The Master bedroom offers a nicely renovated master bath and a Custom Walk in Closet. The whole house features elegant décor & Custom window treatments! Truly impressive! Nothing to do but unpack and enjoy this impeccable Colonial! Call the Weichert, Princeton office to arrange your private showing: 609-921-1900.
536 Lake Drive, Princeton NJ Home for Sale
Rare Lake Dr opportunity in this sought-after neighborhood of Riverside. Close to the elementary school, the University and downtown Princeton. Bring your hammer and your imagination and you can transform open and spacious home into a new home or simply update and enjoy. Open House this Sunday or Call 609-921-1900 to arrange a private showing. 
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Princeton Real Estate Market Update Seminar 3/3/18
Curious as to the direction of the real estate market in Princeton, NJ? Want to know the impact of the new federal tax laws on home prices in the central NJ area? Joshua Wilton, Manager of the Weichert, Princeton office will be answering these questions and more. Join us for this informative seminar on Saturday March 3 at 10:45 am. Seating is limited so please rsvp by clicking here and letting us know. We look forward to seeing you soon.
16 Cranbury Neck Rd, Cranbury NJ, Home for Sale
Back on the market….a four bedroom colonial in Cranbury under $500,000! Situated on a 2/3ac lot with fenced yard, this home offers a traditional layout – large kitchen with bay window overlooking the yard , formal dining room, large living room with field-stone fireplace with gas log insert and a beautiful 20×11 sun porch filled with morning sun! An over-sized 2 car garage and full basement complete the package- sidewalks lead to Main St – with the added bonus that Cranbury School sends to Princeton High School! This is a short sale and is subject to third party approval. For a private showing of this great home call 609-921-1900.
To view other Cranbury homes for sale scroll below.
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Princeton Real Estate Career Night, Feb 20th
Is one of your 2018 New Years resolutions to get out from the normal 9-5 routine. Maybe you want to stop commuting and live and work locally. Maybe you just want to be your own boss. Regardless of the reason plan on being our guest at the Weichert, Princeton career night on February 20th. We will be discussing the basics of the real estate licensing course, fees involved in setting up your real estate practice and more.
Rsvp by clicking this link. We look forward to seeing you there.
– Josh Wilton
Manager, Weichert Princeton Office
Princeton’s January 2018 Real Estate Report
It was a light closing month in January with only 12 homes settling.
As depicted in the graphic above the average sales price for homes in Princeton was $1.092 million and the homes that closed took an average of 100 days to settle. (click for a complete list of addresses and prices of the homes that sold in January).
The Princeton sellers whose home closed in January retained 92% of their original asking price. This is a couple of percentage points below the 2017 average.
The most popular model of home sold in January was colonials with 10 of the 12 being that model.
The biggest story in the Princeton real estate market right now is inventory…or lack thereof. The market is in a critical under supply mode. Market conditions favor sellers, especially sellers of homes in the more affordable price brackets.
Here are the latest homes to come on the market in Princeton:
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