Real Estate

Press Releases

Coldwell Banker New Homes Announces a Very Active Spring Real Estate Market is Already Underway With No Signs of it Slowing Down

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14 Euclid at Summit Place is just one of numerous new home collections experiencing a hot sales pace. For additional information on this community and other new home collections, please visit www.cbnewhomes.com or contact Coldwell Banker New Homes at (877) 559-1302.
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While the Garden State is still awaiting the arrival of spring, the real estate market has other plans. According to Coldwell Banker New Homes Vice President David Schoner, new home sales have heated up and there are no signs of it slowing down.

“We are seeing new home collections selling out quicker than they did some ten years ago,” explains Schoner. “The timing is perfect – there are excellent mortgage opportunities, a rise in existing home sales, and a nice selection of new homes. However, prospective home buyers should be careful not to wait too long to make the move. The pent up demand far outweighs the supply at this point.”

He continues, “For example, Stonefields in New Providence, a collection of three-bedroom, three-bath townhomes, sold out before we could even finalize the announcement. Its exceptional craftsmanship coupled with an unsurpassed suburban location close to downtown shopping, recreation, highly rated schools, and bus and trains to NYC created the perfect home buying storm.”

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Schoner further explains this demand for luxury condominiums and townhomes in suburban areas with convenient access to NYC like Stonefields are some of the hottest markets right now. “What makes these properties even more unique is the fact that they are not along the Gold Coast, but rather in established areas in the north and north western sections of the state.  They offer a ‘little city’ environment that is convenient to everyday needs and easy commutes to urban areas. One collection that just sold out is 50 Parmley at Summit Place, 25 award winning luxury condominium residences by Mark Built Homes in the heart of downtown Summit. Half of these luxury condos sold within only seven days of opening for sale and the pace just never slowed down,” explained Schoner. “We just introduced 14 Euclid at Summit Place, another collection of luxury condominiums and already only three of the 11 residences remain for sale. The Townhomes at Summit Place are also 50 percent sold. The fine craftsmanship, select interior design packages to suit the buyer’s unique lifestyles, and its downtown location proved to be an ideal combination with prices reaching well over $1 million.”

Schoner points out that 200 Sherman, a multi-level, two plus bedroom townhome collection in Berkeley Heights, just opened a few months ago and already only one of the eight units remains.

“Glen Rock Square by Gerard Petri and Joseph Panico of Future Planning Developers, LLC in Glen Rock, too, is seeing steady sales with three of its luxury two-bedroom townhomes selling within a month of Grand Opening,” notes Schoner.

Buyers, who desire the urban lifestyle, can still find exceptional deals on new condominiums in and around Hudson County, but the supply is quickly dwindling. “The Montrachet, a chic collection of luxury condo residences in a southern style building in Bayonne’s historic downtown, just sold out, and Victory Lofts, elegant loft-style condos in an historic building also in Bayonne, has only two units left,” notes Schoner. “

For additional information on these communities and other new home collections, please visit www.cbnewhomes.com or contact Coldwell Banker New Homes at (877) 559-1302.

Coldwell Banker Residential Brokerage in New Jersey and Rockland County, New York, a leading residential real estate brokerage company, operates 58 offices with more than 3,000 sales associates serving all communities from Rockland County, N.Y. to Monmouth County, New Jersey. Coldwell Banker Residential Brokerage in New Jersey and Rockland County, N.Y. is part of NRT LLC, the nation’s largest residential real estate brokerage company.  Visit www.coldwellbankermoves.com for more information.

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Chatham

A Week at the Library of The Chathams Monday, February 19 – Sunday, February 25, 2018

PROGRAMS AND EVENTS

By Galina Natenzon

Friends of the Library are continuing their book collection in preparation for Annual Book Sale.  Kids are off from school on Monday for Presidents’ Day – bring them to the library!  We have plenty for them to do.  For adults, Professor Licklider’s second lecture on North Korea will take place on Tuesday.  The ...

A Week at the Library of The Chathams - Monday, February 5 – Sunday, Sunday, February 11, 2018

A Week at the Library of The Chathams

Monday, February 5 – Sunday, Sunday, February 11, 2018

PROGRAMS AND EVENTS

By Galina Natenzon

Friends of the Library book collection continues.  The tax season is here, and dedicated volunteers are here to help you with you tax returns!

For information about all programs or to sign up, please call the library at 973‑635‑0603 or go to ...

Imagine a Chatham Toboggan Ride from the Top of Fairmount Avenue to Main Street

Did you know….
there was a time when Chatham kids could ice skate from downtown Chatham all the way to Florham Park? And that a toboggan ride could last from the top of Fairmount Avenue down to Main Street and beyond?

Those were the days!

This was back in the early to mid-1900s. The Passaic River meandered through grassy meadows and woods on the north side of Chatham. The marshy ...

AtlantiCast

AtlantiCast Medical Minute: Atlantic Orthopedic Institute’s Scoliosis and Spinal Deformity Center

On this episode of the AtlantiCast Medical Minute, we’ll take you inside the Atlantic Orthopedic Institute’s Scoliosis and Spinal Deformity Center, with the center’s director, Jason Lowenstein, MD.

Video Link: https://www.youtube.com/watch?v=1M7euCp86-c

AtlantiCast Episode 011

Breaking Atlantic Health System news on this week’s AtlantiCast! Plus, find out why Morristown Medical Center is one of the best hospitals in the nation when it comes to recovering from joint surgery, see the newest center for fighting brain cancer and an Atlantic Health System red-carpet premiere!

 

Video: Point View's Deitze Tell CNBC Fed is 'On Track' for March Rate Hike

February 15, 2018

Point View Wealth Management's Founder, President and Chief Investment Strategist, David Dietze, live on CNBC on how to position your portfolio despite more volatility:

cnbc.com/video

For nearly 25 years, Point View Wealth Management, Inc. has been working with families in Summit and beyond, providing customized portfolio management services and comprehensive ...