New Jersey Real Estate Agent

215 Arreton Rd, Princeton NJ - Living Room

Looking for Princeton homes for sale? Great value, perfect condition, and fantastic location – this executive home at 215 Arreton Rd in Princeton NJ has it all and more. This Princeton home for sale is Princeton real estate at its best.

Situated on a beautiful private cul-de-sac street in Princeton Township, this 4 bedroom, 2 1/2 baths home has undergone top to bottom renovation. It speaks the language of 2010 buyers, who want to move in and start enjoying their new home immediately.

Enjoyment opportunities are everywhere: vaulted ceiling music room graciously flowing into the living room, mansion size rooms not easily  found in the newly constructed houses, master bedrooms suite, which makes hotel suites pale in comparison.

The quality is everywhere : gleaming hardwood floors throughout, marble master bath worthy of spa destination, brand new kitchen appliances, maintenance free Trex deck, newly refinished basement, and meticulously maintained 1 acre yard – the list goes on.

The backyard retreat overlooks acres of private land owned by the home owners association. Short golf game putting green, fire pit patio, and spaces for quite contemplation are part of 215 Arreton Rd, Princeton home’s landscape.

For a private showing call 609-553- 4175 Faina Sechzer, Princeton real estate agent, luxury homes

Thinking of buying or selling your house in Princeton NJ area -  We can help
If you are considering buying or selling a home in the Princeton NJ Hopewell Princeton Junction Montgomery  area…

Contact us at (609)-553-4175 for a FREE quote and to find Princeton Mortgage options and to search all Princeton Lawrenceville Princeton Junction Montgomery and Princeton homes for sale right now..

Copyright © 2009 Faina Sechzer, Princeton REALTORS and your Princeton Real Estate Consultants specializing in Princeton, Lawrenceville, Hopewell, Princeton Junction and Montgomery Real Estate.

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Tax Credit Amendment Was Approved by the US Senate                  

Princeton real estate is not completely immune from the woes of the housing market and the general economic recession everywhere else in the country. We discussed the effect of President’s Obama, TARP and potential actions by US Senate in my previous article. TARP has already had impact on Princeton real estate having stabilized banking companies and thus preventing further job losses. Many homeowners in Princeton area work in financial and related industries and the relatively low foreclosure rate in the area could have been much higher without TARP.

Last evening, the United States Senate unanimously passed a bipartisan amendment, creating a $15,000 tax credit to individuals who purchase a home in the next year. Senators Johnny Isakson (R-GA) and Joe Lieberman (ID-CT) were the sponsors of the amendment. here are the highlights so far:

• Direct tax credit twill apply o any home-buyer who purchases any home.
• The amount of the tax credit would be $15,000 or 10 percent of the purchase price, whichever is less.
• Purchases must be made within one year of the legislation’s enactment, and
• The tax credit would not have to be repaid.
• The amendment would allow taxpayers to claim the credit on their 2008 income tax return.
• Allowes only purchases of a principle residence
• Recaptures the credit if the home is sold within two years of purchase (tp prevent misuse)
• The amendment would sunset the current $7,500 housing tax credit on the date of enactment.

While the final details of the Stimulus Bill are still being debated, these provisions would help stabilize Princeton real estate by making purchasing a home in the Princeton area more affordable for the fist time buyers. It would also encourage the buyers who were waiting on the sidelines to come in the market to take advantage of this credit.

We are getting many requests from home buyers who are looking for homes for sale in the Princeton area and would like to be in the downtown Princeton. The reason Princeton Borough homes for sale are so popular is because of the lifestyle they afford. If you live in most Princeton borough, you would most likely be able to walk to the Princeton Library, Princeton High school, and all the downtown Princeton restaurants and shops.

The commute is also very convenient. There is a train called Dinky, which goes from the Princeton University area to the main train station at Princeton Junction. Of course, Princeton Junction is just a few miles drive.

Princeton Borough is a historic college town, offering the charm of the old and the convenience of the new. With a 55 minute train  commute to New York and Philadelphia it’s a good choice for home buyers looking to combine the urban and suburban life style.

You can see the live feed of the Princeton Borough homes for sale:

Princeton Borough Homes For Sale

Thinking of buying or selling your house In Princeton NJ area -  We can help, in particular with Princeton Borough homes for sale….
If you are considering buying or selling a home in the Princeton NJ Hopewell Princeton Junction Montgomery  area…

Contact us at (609)-553-4175 for a FREE quote and to find Princeton Mortgage options and to search all Princeton Lawrenceville Princeton Junction Montgomery and Princeton homes for sale right now..

Copyright © 2009 Faina Sechzer, Princeton REALTORS and your Princeton Real Estate Consultants specializing in Princeton, Lawrenceville, Hopewell, Princeton Junction and Montgomery Real Estate.

All rights reserved. This information cannot be copied, reproduced, transmitted, distributed, displayed or published.

Princeton is always desirable as a place for home rentals. Princeton homes for rents are sought by the corporate executives relocating for temporary assignments, people moving to Princeton because of job transfer who want to firs know more about the area before buying their home.  As a college town we always have faculty and students looking for Princeton rentals.

Currently there are 26 homes for rent in Princeton. They range form $975 for a studio apartment to $8,500 for a 7 bedroom 5/1 bathroom home on Edgerstone Rd in Princeton.

This is what you could expect to pay:
$1,300 to $1,800 for a 1 bedroom apartment,
$1,600 – $2,600 for a 2 bedroom apartment,
$2,900 – $4,000 for a 3 bedroom townhouse or single family house
$4,000+ for a 4 bedroom single family home

This is the live feed of all the MLS Princeton homes for rent :

Princeton NJ Homes For Rent

NJ Property Real Estate Taxes, Real l Estate Transfer Taxes, and The Economy -Poll Results

New Jersey real estate property taxes are too high – say 95.5% of the people surveyed by the NJAR® Governmental Research Foundation.  If you live in Princeton NJ, or any other town in the state of New Jersey your reaction may be: “Duh…”. You don’t need this study to know the obvious -you have your bank accounts as proof:)

Recently we examined the effects of the proposed initiatives of President Obama, TARP and Senate on the Princeton NJ homes for sale. This study some obvious and some interesting facts.

NJ Real estate property taxes

On the solution to reduce NJ property taxes the study* found:

• 36.3 percent favor consolidation of government services,
• 26.8 percent favor changing the way schools are funded,
• 12.8 percent favor reforming the state pension system, and
• 12.3 percent favor reducing government services.
• 40.2 percent believe reducing taxes and government fees is the most important issue government leaders should work on in the next two years.

Princeton NJ residents know that several attempts to consolidate Princeton Borough and Princeton Township have been defeated. It’s interesting, but not surprising given the traditional NJ political stance,  that there is no overwhelming support for reducing government services.

New Jersey Real Estate Transfer Tax

• 47.4 percent of residents support a proposal to eliminate state realty transfer fees.
• 86 percent oppose the idea of imposing a local realty transfer fee.
• 67 percent oppose the concept of enacting a seasonal rental tax.

It’s interesting that less then half of the surveyed want to eliminate realty transfer fees.  I have not met Princeton home buyers who decide not to buy their home because of the transfer taxes.

Stimulating NJ Economy

• 95.5 percent believe that the real estate industry and housing market are important to New Jersey’s overall economy,
• 52.6 percent of people believe the state is on the wrong track,
• 32.5 percent believe it is headed in the right direction,
• 34 percent believe improving the economy and attracting more jobs to the state is the most important issue facing New Jersey.
• 67.4 percent oppose raising the gas tax to pay for expanding and improving the state’s transportation infrastructure.
• 54 percent prefer creating conditions that give incentives to builders to construct affordable housing rather making polices that require them to do so.
• 76.7 percent opposed eminent domain being used for the purpose of economic development.

Overall, the findings are not surprising. New Jersey believes in the critical importance of the housing market, wants government to reduce real estate taxes and fees, yet not willing to to use eminent domain or reduce governments services.
May be it does come under the category of “duh”:)

*Source: NJAR® Governmental Research Foundation

Want to know know how the sate of New Jersey Housing impacts the value of your home?….

Thinking of buying or selling your house In Princeton NJ area -  We can help
If you are considering buying or selling a home in the Princeton NJ Hopewell Princeton Junction Montgomery  area…

Contact us at (609)-553-4175 for a FREE quote and to find Princeton Mortgage options and to search all Princeton Lawrenceville Princeton Junction Montgomery and Princeton homes for sale right now..

Copyright © 2009 Faina Sechzer, Princeton REALTORS and your Princeton Real Estate Consultants specializing in Princeton, Lawrenceville, Hopewell, Princeton Junction and Montgomery Real Estate.

All rights reserved. This information cannot be copied, reproduced, transmitted, distributed, displayed or published.