Come to our new construction open houses this Sunday. One of our sales associates will field any questions you might have regarding the individual property or your search for a new home in general. Our sales associates are highly learned in the differences in new construction quality and can shed light on why the following new construction homes are worth more, both in the short term (enjoyment, highest quality finishes) and long term (resale value), than any other new construction in Short Hills. If you are interested in new construction and want a customized home, our associates can show you floor plans and take you to the new development projects we represent in town.
Short Hills Millburn Real Estate
Short Hills, Millburn Real Estate Market: Week In Review
Week In Review: Find out what homes were just listed, what homes went under contract, and what sold for any given week.
From October 16th to November 8th, 10 homes were listed in Millburn, Short Hills. 6 of the listings are asking below $1,000,000. 3 are between $1,000,000 and $1,500,000, and 1 home is asking between $5,500,000 and $6,000,000. The Gonnella Team represents one of the new listings–20 Bishops Lane, asking $1,275,000.
18 homes went under contract. 8 of the homes was asking below $1,000,000. 4 were asking between $1,500,000 and $2,000,000. 2 were asking between $2,000,000 and $2,200,000. 1 was asking above $6,000,000. The Gonnella Team represented the sellers of 926 Ridgewood Road, asking $995,000. The Gonnella Team also represented the buyers of 44 Woodcrest Avenue, asking $899,000.
9 homes closed this week. 6 homes closed below $1,000,000. 1 homes closed between $1,300,000 and $1,400,000. 1 home closed between $2,000,000 and $2,100,000. 1 home closed between $2,800,000 and $2,900,000.
Congratulations to the new homeowners!
Arlene Gonnella in The Wall Street Journal Real Estate Section
In today’s Wall Street Journal article on interest rates and sales of luxury homes in the greater New York area, Arlene Gonnella is quoted for her expertise in luxury sales in Short Hills, NJ. Referencing a real estate transaction earlier this year, where one of Arlene’s clients paid the $2.2 million asking price in cash, WSJ explores the pros and cons of financing with today’s low interest rates. For more insight on financing and structuring the best offer to win a bidding war, call Arlene at 201-306-1357 today!
926 Ridgewood Road Now Under Contract, 5 Offers in 5 Days!
926 Ridgewood Road, Short Hills, NJ came onto the market asking $995,000. Within five days the owners received 5 offers and are now under contract. This is a strong indication of the current real estate market in Short Hills, Millburn. There are many buyers anxiously waiting to buy a house! If you are thinking of selling your home, please contact us for a free listing consultation.
125 Stewart Road, Rental in Short Hills, NJ, Asking $6,500
Classic Colonial on prestigious, quiet street. Gourmet eat-in kitchen with high end appliances. Huge family room, living room with fireplace, luxurious master suite with spa-like master bath. Powder room and two bathrooms. Easy access to totally level backyard from family room and kitchen. Hartshorn Elementary School and Millburn Middle and High School.
80 Jefferson Road, Rental in Short Hills, NJ, Asking $6,500
Beautifully renovated classic Brick Colonial. It has a gourmet eat-in Kitchen with center island and top of the line appliances and is totally open to Family Room with high ceilings, fireplace, custom built-in bookcases & tons of natural light. French doors provide easy access to large totally level backyard. Generous master bedroom with spa like bathroom with steam shower. Four more bedrooms and 2 additional baths (one is new) are on 2nd floor. Beautifully finished basement. Ideal location- on quiet street close to Short Hills train station. In highly rated Hartshorn Elementary school district.
Email us at arlene@gonnellateam.com or call us at 201-306-1357 for more details!