New Jersey Real Estate Agent

What can you get in Princeton for $700K-$1,000,000?

For some areas in the country $1million may not buy you much these days,while in Princeton there is still a wide choice of houses in this price range.

New Jersey Real Estate -Princeton Houses For Sale
There are 37 houses on the market right now ranging from $710,000 -for a 4 bedroom 2/0 baths home in the Princeton Borough to a $999,000 4 bedroom 4/1 bath in Fieldwood Estates in the Princeton Township.

Of the Princeton homes for sale in this price range 14 have had price reductions up to approximately 10% . Some of these homes are being priced at the prices they sold in 2005. I interpret this as a good opportunity for buyers when prices have adjusted to more reasonable levels.

There is some good news for the sellers as well. Princeton real estate homes that are well maintained, are in a good presentable condition and are priced right, go under contract in less than 30 days.

New Jersey Real Estate -Princeton Houses Under Contract (pending)
There are 21 houses on the contract now. Six of them had price reductions before going under contract. It took from 6 days to 190 days for these homes to go under contract.

New Jersey Real Estate -Princeton Houses Sold

There were 24 Princeton homes sold since the beginning of 2008. The median price for the listing price was $854,500 and the sold price $845,000 which is 1% lower. The average days on the market for these homes was 94.

New Jersey Real Estate -What Did The Princeton Houses Sell For?
I am always asked what was the price a particular house in Princeton sold for. Here is the look at the Princeton real estate sold 2008 -to date in the  $700,000 – $1,000,000 price range.

    Address                                Bedrooms    Bathrooms    Sold Price   
    298 Gallup Rd, Princeton, NJ          6            3                $979,000    
    5 Stonewall Cir, Princeton, NJ        3            2.1              $705,000    
    85 Balcort Dr, Princeton, NJ           4           3.1              $900,000
    61 Bertrand Dr, Princeton, NJ         4           2.1              $800,000
    25 Richard Ct, Princeton, NJ           2           3.1              $729,000
    16 Quarry St, Princeton, NJ            3           2.1              $930,000
    29 Stonewall Cir, Princeton, NJ       3           2.1              $750,000
    18 Quarry St, Princeton, NJ            3           2.1              $930,000
    269 Wendover Dr, Princeton, NJ      4           3.1              $994,999
    59 Parkside Dr, Princeton, NJ          4           3                $976,800
    51 Braeburn Dr, Princeton, NJ         4           2.1              $775,000
    112 Sycamore Rd, Princeton, NJ      4           3                 $755,000
    605 State Rd, Princeton, NJ            4           4.1               $921,375
    158 Herrontown Rd, Princeton, NJ    4          3.1               $707,485
    34 Constitution Hl W, Princeton, NJ   3          3                 $710,000
    181 Moore St, Princeton, NJ            4           2.1              $845,000
    283 Prospect Ave, Princeton, NJ       4           2.1              $780,000
    53 Stonewall Cir, Princeton, NJ        3           2.1               $750,000
    108 Dempsey Ave, Princeton, NJ      4           2.1               $710,000
    131 Randall Rd, Princeton, NJ          4           2.1               $880,000
    78 Clearview Ave, Princeton, NJ       4          2.1                $845,000
    79 Lovers Ln, Princeton, NJ              3         2.1                $885,000
    287 Hamilton Ave, Princeton, NJ       5         3.1                 $970,000
    66 Linwood Cir, Princeton, NJ           5         2.1                 $860,000

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