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The Beacon Your Guide to West Orange Real Estate

Residential Housing Prices Drop 15% Amount of Homes Sold Trail 30% West Orange has been experiencing the economic downturn just as much as the next town. When you compare the first half of this year, from January to June, with the first half of 2008, you begin to see attempts of a marketplace trying to gain a sense of stability but losing ground. In the first six months of this year there were 65 fewer West Orange residential homes sold, according to what’s reported in the GSMLS (Garden State Multiple Listing Service) by real estate agents. A small number of private residential sales also occurred throughout the town but were not tracked for this report.

Inside this issue: Housing Price Analysis

1, 2

Sales by School District

3, 13

January—June Home Sales 5-11 Team with the Best to Win

10

Short Sales Infiltration

14

Tax Appeal Help

14

Get Ready to Sell

15

Along with this drop, West Orange sat near the $400,000 mark as an average final list price. We say ‘final’ because there are numerous cases where the homeowner(s) reduced the asking price to attract an offer. The numbers in the chart on page 2 reflect the final list price shown on the GSMLS when the seller(s) accepted a contract that ultimately went to a completed sale. The average final sales price dropped below $400,000, with continued on page 2


Housing Prices Drop

continued from page 1

homes selling, on January—June average, 94% of the Year-to-Year Price Comparison final list price. The average in 2005 and Homes Average Average Average 2006 hovered Sold List Price Sales Price DOM around 98%. This tells us most sellers 2008 220 $462,000 $451,000 85 are still grappling 155 $404,474 $382,291 89 with the reality of 2009 the new price points % Change -30% -12% -15% 5% and have still been playing “catch up” Comparison when the $1M+ sales are removed* 151 $378,480 $357,077 90 with the market as 2009 prices continued to % Change -31% -18 % - 21% 6% drop; or they have *No $1M+ sales in the first half of 2008. begun to try and price their homes higher to leave room for negotiation. Unfortunately, this usually yields less for the seller in the long run. A few sellers did time things right: eight homes sold over asking price; 20 sold at asking price. The only parameter that remains almost constant year-to-year is the average days on market (DOM), which is hovering around 90. But this can be deceiving. This count is based on the last time a house was placed on the market before it was sold. This does not take into account the potential number of times a home might have been re-listed by the same real estate agent or listed anew with another real estate agent. DOM less than 10 days can be attributed to new construction sales that are listed at closing. Clients love working with the Meauxs...“During my arduous search for a

home, I found Beverly to be knowledgeable, extremely thorough and resourceful. She was very patient (never the pushy agent) with me and my many questions and always prompt in responding to my emails and calls. What was most impressive about Beverly was that she helped me as a first time buyer to explore all my options before making a decision. She asked those thought provoking questions that I needed to ask myself as a first time buyer. We have truly found a lifetime friend in our agent. Beverly is a gem." — S. Stuart, Edgewood Ave

2

Produced by Beverly & Bob Meaux, Realtors®, 201-647-6144,Towne Realty Group, Inc.


School Districts Matter; New Construction Does, too $300,000 Price Swing Occurred When you review the chart below you will notice clear distinctions in sales prices and the number of residential homes sold based on school districts. This shows you where your home is located can play an important role on the price of your home. Most people

price gap between Mt. Pleasant and Redwood in 2009 and a 130,000+ between Mt. Pleasant and St. Cloud in 2008. This is caused by the new Bel Air community on the border of Livingston that when complete will feature 250 luxury

January—June Year-to-Year School District Comparison

School District

# of Sales

Average Sales Price

2009

2008

2009

2008

Mt. Pleasant

28

39

$472,876

$602,130

Redwood

43

55

$431,606

$424,767

St. Cloud

27

43

$350,907

$463,326

Gregory

21

36

$314,376

$420,347

Pleasantdale

20

24

$280,515

$378,787

Hazel

10

14

$276,225

$413,446

Washington

5

9

$198,190

$272,111

are gravitating towards Mt. Pleasant, Redwood and St. Cloud, while Washington continues to be last on the list. New construction and Llewellyn Park play key roles to the higher price points for Mt. Pleasant and Redwood. There’s a $40,000+

townhomes. This, along with pockets of newer developments, has consistently helped West Orange reach a higher price range outside of Llewellyn Park. When you take the Bel Air home sales out of the picture for 2008

continued on page 13

Produced by Beverly & Bob Meaux, Realtors®, 201-925-8199,Towne Realty Group, Inc.

3


• • • • • • •

The first 30 days are wasted Extends days-on-the-market Eliminates urgency Results in price reductions Forfeits control to the buyer Encourages discounted offers Attracts bargain hunters & bottom feeders who want a discount

• • • • • •

Creates a sense of urgency Promotes Realtor & buyer interest Generates showings & multiple offers Seller controls the negotiations Results in the highest price in the shortest time Presents an opportunity to have back up offers if first deal falls through

As recommended by Mr. Jeffrey Otteau, and used with permission from, the Otteau Valuation Group, Inc. Reproduced by Bev and Bob Meaux to better serve our clients

Mr. Otteau manages all facets of the Otteau Appraisal Group’s business and has been actively engaged in real estate consultation and valuation since 1974. He holds the State Certified General Real Estate Appraiser certification, the highest level offered, and is licensed in New Jersey, New York, Pennsylvania & Delaware. Frequently quoted in the New York Times and Wall Street Journal, and having made television appearances on CNBC, Bloomberg and NBC News, Mr. Otteau is widely respected for his knowledge and insight into real estate trends, and is the go-to professional for almost all of the local Real Estate companies.

4

Produced by Beverly & Bob Meaux, Realtors®, 201-647-6144,Towne Realty Group, Inc.


West Orange Residential Home Sales January—June 2009 ADDRESS

STYLE

SP

0 Metzger Dr

Twnhse $1,698,990 $1,698,990

100%

1

20 Bloomfield Way

Tudor

100%

46

52 Glen Ave

Colonial $1,107,500 $1,299,000

85%

49

2 Lynwood Way

Tudor

99%

13

3 Honeysuckle Ave

Colonial

$825,000

$795,000

104%

28

51 Fredericks St

Twnhse

$765,000

$799,900

96%

0

6 Eagle Ridge Way

Ranch

$760,000

$850,000

89%

134

11 Whitbay Dr

Twnhse

$759,000

$759,000

100%

44

7 Hage Terr

Twnhse

$750,000

$810,900

92%

64

Twnhse

$750,000

$799,900

94%

1

Colonial

$740,000

$769,000

96%

156

Twnhse

$730,000

$799,900

91%

0

5 Hage Terr

Twnhse

$720,000

$799,900

90%

0

30 O'Connor Cir

Twnhse

$715,000

$729,000

LY BY 98%

19

15 Haggerty Dr

Colonial

$700,000

$789,000

89%

98

14 Lonergan Ln

Twnhse

$680,000

$699,900

97%

65

23 Luth Terr

Twnhse

$675,000

$728,315

93%

97

21 Haggerty Dr

Colonial

$663,128

$679,000

98%

221

3 Hage Terr, #2

Twnhse

$650,000

$749,900

87%

0

3 Hage Terr, #6.1

Twnhse

$650,000

$749,900

87%

65

63 Terr Ave

Colonial

$649,000

$649,000

100%

70

23 O'Connor Cir

Twnhse

$615,000

$675,000

91%

35

61 Burnett Terr

Cont

$525,000

$519,000

101%

12

47 Burnett Terr

Cont

$505,000

$549,000

92%

74

15 N Edgewood Ave

Split

$487,000

$499,000

98%

60

56 Clarken Dr

Twnhse

$485,000

$509,000

95%

81

$1,495,000 $1,495,000 $1,035,000 $1,050,000

PR EP AR ED E BE V

10 Baxter Ln 1 Kinzel Ln

16 Luth Terr

&

FINAL LP % of LP

XC LU SIV E

BO BM EA UX

DOM

Note: Glossary on page 8 Produced by Beverly & Bob Meaux, Realtors®, 201-925-8199, Towne Realty Group, Inc.

5


West Orange Residential Home Sales January—June 2009 ADDRESS

STYLE

SP

59 Clarken Dr

Twnhse

$480,000

$509,000

94%

0

241 Crescenzi Ct

Twnhse

$473,500

$499,000

95%

2

26 Mcguire Dr

Colonial $470,000

$529,900

89%

80

24 Bayowski Rd

Twnhse

$462,500

$489,000

95%

83

1 Carter Rd

Colonial $450,000

$479,000

94%

162

65 Burnett Terr

Cont

$450,000

$469,000

96%

232

67 Davey Dr

Twnhse

$437,500

$449,000

97%

38

401 Barringer Ct

Twnhse

$420,000

$450,000

93%

141

PR EP AR ED E

FINAL LP % of LP

DOM

11 Carter Rd

Split

$420,000

$449,000

94%

162

327 Northfield Ave

Colonial $410,000

$425,000

96%

98

12 Knollwood Dr

Ranch

$405,000

$429,000

94%

25

119 Fairview Ave

Colonial $402,000

$429,900

94%

55

3 Bromley Dr

Split

$400,000

$439,900

91%

75

50 Winding Way

Colonial $395,000

$399,000

99%

14

10 Devon Dr

Split

$390,000

$399,000

98%

26

Twnhse

$389,000

$398,800

98%

127

Colonial $380,000

$398,000

95%

28

Ranch

$380,000

$389,900

97%

39

Tudor

$380,000

$385,000

99%

52

Twnhse

$380,000

$379,900

100%

33

BE V

&

238 Crescenzi Ct

XC LU SIV E

3 Clearview Terr

BO BM EA UX Colonial $376,500

$399,900

94%

21

24 Lapis Cir

Twnhse

$375,000

$443,000

85%

141

10 Currey Lane

Twnhse

$375,000

$419,000

89%

175

65 Rosemont Terr

Ranch

$375,000

$414,900

90%

142

147 Dezenzo Rd

Twnhse

$375,000

$390,000

96%

160

30 Blackburne Terr

Cape

$375,000

$384,900

97%

21

88 Lindsley Ave 5 Sheffield Terr 34 Dartmouth Rd 160 Dezenzo Rd

6

LY BY

Produced by Beverly & Bob Meaux, Realtors®, 201-647-6144, Towne Realty Group, Inc.


West Orange Residential Home Sales January—June 2009 ADDRESS

STYLE

19 Lincoln Ave

SP

FINAL LP

% of LP

DOM

Colonial $373,000

$378,500

99%

30

55 Davey Dr

Twnhse $370,000

$389,000

95%

44

292 Gregory Ave

Colonial $368,500

$372,000

99%

52

365 Gregory Ave

Colonial $368,000

$369,000

100%

33

69 Lapis Cir

Twnhse $365,000

$409,000

89%

99

55 Old Short Hills Rd

Split

$360,000

$395,000

91%

107

27 Devon Dr

Ranch

$360,000

$375,000

96%

334

31 Lapis Cir

Twnhse $360,000

$375,000

96%

179

Cape

$360,000

$373,000

97%

35

9 Rutgers St

Split

$359,000

$369,000

97%

75

21 Clarken Dr

Twnhse $358,000

$375,000

95%

97

51 Mullarkey Dr

Twnhse $355,000

$379,100

94%

24

78 Lawrence Ave

Colonial $350,000

$375,000

93%

98

402 Digaetano Terr

Twnhse $350,000

$349,900

100%

52

25 Wessman Dr

Split

$349,000

$349,900

100%

176

260 Gregory Ave

Colonial $347,500

$379,000

92%

120

60 Glen View Dr

Condo

$345,000

$375,000

92%

122

19 Lenox Terr

Colonial $345,000

$365,000

95%

126

2 So Mountain Way

Ranch

$345,000

$359,000

96%

3

23 Woodside Terr

Colonial $345,000

$348,500

99%

28

40 Woodside Terr

Colonial $340,000

$345,900

98%

53

94 Giordano Dr

Twnhse $336,000

$349,000

96%

33

5 Paris Cir

Twnhse $335,000

$339,879

99%

62

14 Orange Hghts Ave Colonial $332,000

$329,900

101%

29

177 Dezenzo Rd

Twnhse $331,500

$334,000

99%

82

149 Mt Pleasant Ave

Colonial $330,665

$344,900

96%

63

PR EP AR ED E BE V

41 Thorn Terr

&

XC LU SIV E

BO BM EA UX

LY BY

Produced by Beverly & Bob Meaux, Realtors®, 201-925-8199, Towne Realty Group, Inc.

7


West Orange Residential Home Sales January—June 2009 ADDRESS

STYLE

9 Beasley St

% of LP

DOM

Colonial $330,000 $379,000

87%

358

11 Carolina Ave

Cape

$330,000 $349,000

95%

11

44 Glen View Dr

Condo

$329,000 $329,000

100%

56

39 Larkin Cir

Twnhse $323,500 $339,000

95%

36

12 Harrington Terr

SplitLev $322,900 $338,900

95%

15

98 Giordano Dr

Twnhse $322,500 $337,000

96%

44

7 Virginia Ave

Colonial $322,000 $335,000

96%

17

371 Digaetano Terr

Twnhse $322,000 $329,900

98%

43

16 Schindler Terr

Twnhse $320,000 $364,900

88%

112

29 Ashwood Terr

Colonial $320,000 $349,000

92%

155

19 Larkin Cir

Twnhse $320,000 $329,000

97%

51

20 Beechwood Terr

Colonial $317,000 $334,000

95%

67

125 Mitchell St

Tudor

101%

192

Colonial $315,000 $335,000

94%

96

Tudor

$315,000 $325,000

97%

57

Cape

$315,000 $310,000

102%

12

69-71 Fitzrandolph Rd Cape

$310,000 $325,000

95%

52

Colonial $310,000 $319,000

97%

15

30 Quinby Place

Colonial $310,000 $309,900

100%

12

25 Rock Spring Ave

Ranch

100%

107

87 Leonardo Ct

Twnhse $307,500 $325,000

95%

133

8 Phyllis Rd

Cape

$304,000 $329,000

92%

35

40 Oakridge Rd

Colonial $303,000 $319,000

95%

84

2 Bauer Dr

Split

86%

90

PR EP AR ED E BE V

&

31 Lawrence Ave 409 Walker Rd 24 S Westwood Dr 6 Hooper Ave

Final LP

XC LU SIV E

$317,000 $315,000

BO BM EA UX

Cape = Cape Cod DOM = Days on Market SP = Sales Price Twnhse = Townhouse

8

SP

LY BY

$308,000 $308,900

$300,000 $350,000

GLOSSARY Cont = Contemporary LP = List Price Split = Split Level % of LP = Sales Price as portion of List Price

Produced by Beverly & Bob Meaux, Realtors®, 201-647-6144, Towne Realty Group, Inc.


West Orange Residential Home Sales January—June 2009 ADDRESS

STYLE

105 Forest Hill Rd 337 Araneo Dr

SP

Final LP

% of LP

DOM

Colonial $300,000 $335,000

90%

120

Twnhse $290,000 $327,500

89%

52

PR Colonial $290,000 $319,000 91% EPColonial $290,000 $299,700 97% 7 Pillot AR E 33 Lincoln Ave $289,000 99% BESplit D$285,000 E 81 Valley Way Colonial XC $275,000 103% V & $283,000 LU$299,000 94% 20 Larkin Cir Twnhse B $282,000 SIV O B M $299,900 2 Suburban Dr Split $280,000 EL 93% 350 St Cloud Cape $275,000 E$299,900 AU Y B92% Y X 73 Rollinson St Colonial $275,000 $299,000 92% 237 Gregory Ave

148 24 117 17 107 102 61 244

52 Wildwood Ave

Colonial $272,000 $290,000

94%

48

27 Glenview Dr

Cape

96%

111

14 Samuel St

Colonial $265,000 $265,000

100%

402

65 Carter St

Split

$260,000 $299,900

87%

283

28 Wedgewood Dr

Ranch

$260,000 $279,000

93%

186

$267,500 $278,900

We don’t focus on how many signs we have in the ground. We focus on how many satisfied clients we have, how honestly we communicate and the many ways we will sell better. Most agents don’t go the extra mile; we do. We paint the sky blue in pictures to make a house look more appealing and use a night-light to make your ‘For Sale’ sign visible in the dark. We work with 3-5 clients at a time to insure unparalleled service. Choose the best.

Produced by Beverly & Bob Meaux, Realtors®, 201-925-8199, Towne Realty Group, Inc.

9


West Orange Residential Home Sales January—June 2009 ADDRESS

STYLE

SP

27 Overlook Ave

Colonial $260,000 $259,900 100%

18 Wedgewood Dr

Ranch

$260,000 $259,900 100%

20 Freeman Pl

Split

$258,000 $269,000

96%

64

1 Nottingham Rd

Ranch

$257,500 $280,000

92%

239

60 Paris Cir, #60

Condo

$250,000 $279,000

90%

177

35 Belgrade Terr

Colonial $250,000 $274,500

91%

31

40 Musano Ct

Twnhse $250,000 $258,000

97%

116

PR EP AR ED E

FINAL LP % of LP DOM 76 165

42 Paris Cir

Ranch

$249,900 $249,900 100%

23 Nestro Rd

Cape

$245,000 $279,000

44 Sunnyside Rd

Cape

$245,000 $243,900 100%

147

26 Morris Rd

Ranch

$241,000 $239,900 100%

78

46 Hart Dr

Twnhse $240,000 $259,900

BE V

XC LU SIV E

88%

92%

234

47

252 Gregory Ave

Ranch

54 Kayser Ln

Twnhse $238,000 $249,000

96%

17

Colonial $233,000 $259,900

90%

15

29 Marmon Terr

&

$239,900 $239,900 100%

46

BO BM EA UX

23

LY BY

2 Fairmount Terr

Colonial $230,000 $230,000 100%

121 South Valley Rd

Colonial $225,000 $279,900

90

80%

112

94%

21

1454 Plsnt Valley Way Cape

$225,000 $239,900

43 Conforti Ave, #18

Condo

$225,000 $237,000

95%

73

43 Conforti Ave, #19

Condo

$220,000 $227,000

97%

63

32 Virginia Ave

Colonial $215,000 $229,900

94%

114

59 Woodland Ave

Split

$210,000 $299,000

70%

35

55 Watchung Ave

Colonial $205,000 $235,000

87%

70

36 Lincoln Ave

Colonial $195,000 $235,000

83%

60

24 Hutton Ave, #73

Condo

97%

186

24 Kling St

Colonial $190,900 $189,900 101%

$193,000 $200,000

139

Note: Glossary on page 8 10

Produced by Beverly & Bob Meaux, Realtors®, 201-647-6144, Towne Realty Group, Inc.


West Orange Residential Home Sales January—June 2009 ADDRESS 9 High St

STYLE Ranch

SP FINAL LP % of LP $185,000 $199,000 93%

PR Split $180,000 $199,900 90% EColonial PA $155,000 $204,000 76% 47 Watchung Ave R $150,000 $139,998 107% 508 Smith Manor Blvd CondoED BCondo EX EV $140,000 4 Suzan Ct, # C3 $139,900 100% C & 56 Elm St Colonial $135,000 96% BO LU$139,900 S IV 17A S Valley Rd, #6 Condo $125,000 97% B M $129,000 E LY 92% 23 Meade St Colonial $120,000E $129,900 A B84% U Y 48 High St Colonial $105,000 $124,900 X

DOM 246

17 Barry Dr

24 Hutton Ave, #80

Condo

$100,000 $124,900

17 Elm St

Colonial

$95,000

19 Joyce St

Colonial

$47,250

31 90 8 12 145 22 79 344

80%

86

$144,600

66%

544

$69,900

68%

178

We Are Your Home Towne Realtors 10 top website postings within 48 hours Certified staging consultation and service Assistance with completion of projects & cleaning More pay per click advertising on Google, Yahoo & MSN Virtual tours, PDF files of surveys, brochures & interactive floor plans Our company website www.TRGHome.com gets thousands of hits per month Larger display ads in local newspapers & periodicals like the West Orange Chronicle and Map/SOR News Record ...and, oh, so much more Produced by Beverly & Bob Meaux, Realtors®, 201-925-8199, Towne Realty Group, Inc.

11


Connect with Bev & Bob Meaux to Win Whether it’s 1 day or 1 year we can help you plan to get your house on the market Although you may not you use a computer, be assured your buyer does. Most searches for listings and public open houses begin on the internet. With us, you will find your house on over 20 websites.

had the absolute pleasure working with Bev (and Bob!) on the sale of our home in West Orange. From the moment Bev walked in our door, we knew that we made the right choice in terms of realtors! Talk about ‘top notch’ client service and an incredibly knowledgeable, informed and thoroughly professional agent--not to mention that she’s someone that’s wonderful to get to know and work with as you navigate through all the aspects of a home sale.

Clients love working with the Meauxs...“We

She and Bob are a winning combination and both of them went above and beyond what we’d have ever expected to ensure that the entire process was both smooth and flawless for us all around. We couldn’t imagine choosing anyone BUT them as realtors to represent us (and we’d surely recommend them to others)!” —Laurie and Michele´Guzzinati, Sheridan Avenue, www.13Sheridan.com

Search for our names and connect with us on LinkedIn, Facebook, Trulia, Twitter, TRGHome.com and on our personal web site, BevAndBobHomes.com, where you will find weekly town information to keep you abreast of residential sales and listings. Get periodic HomeBuyer and HomeSeller Tips when you connect with us on

Twitter http://twitter.com/HomeWhisperer.

Stop and chat with us while we are walking our dog Pearl around Edgewood Avenue. 12 Produced by Beverly & Bob Meaux, Realtors®, 201-647-6144, Towne Realty Group, Inc.


View by School District

continued from page 3

and 2009, Mt. Pleasant’s average sales price drops to $361,000 and $296,000, respectively. Instead of the coveted top spot, these numbers would drop it to sixth place in 2008 and fifth place in 2009. Look at Redwood without Llewellyn Park and a similar change occurs, though not as drastic. The numbers become $361,450 and $407,070 for 2009 and 2008, respectively. Redwood and Mt. Pleasant stay in the fight for the first place regarding the number of residential homes sold. St. Cloud holds its third place position, as does Gregory for fourth place.

Clients love working with the Meauxs...“The

difference between Bob Meaux and other real estate agents is that he treated us as people rather than clients. He understood our needs and preferences and never pushed us towards a property that we didn't feel comfortable with. He encouraged us to be patient, but at the same time was honest and forthcoming with advice and insight on properties and neighborhoods. With Bob's guidance we found a home that we can start a family in." — Christa and Jas, West Orange

Is it the school section, style of house or something else that plays the biggest factor in West Orange prices? Go to www.bevandbob.featuredblog.com and blog with us. Share your thoughts about what makes West Orange Comparison by House Style houses sell and see 2009 Average what others have to say. Sales Sales Price DOM Before you do, look through the next few pages to see a list of the 155 West Orange residential homes that have sold in the first six months of this year.

Cape Cod Colonial Condo/Twnhse Contemporary Ranch Split Level Tudor

11 53 54 3 14 14 5

$295,591 $343,980 $406,806 $493,333 $330,450 $322,279 $708,400

67 107 70 106 126 88 72

Produced by Beverly & Bob Meaux, Realtors®, 201-925-8199, Towne Realty Group, Inc. 13


Short Sales Infiltrate West Orange With nearly 30% decline in New Jersey home values over the past three years, the amount of short sales in the market have gone from non-existent to commonplace, according to the National Association of Realtors. As of early July 2009, short sales accounted for 12% of the overall residential properties currently for sale through a real estate in West Orange. What is a short sale? A house is being sold as a short sale when the house value is less than the mortgage amount and the homeowner has gotten an agreement with the lender(s) to accept today’s market value. The seller may still owe the difference, however. A successful short sale can prevent foreclosure, minimize the negative hit to the homeowner’s credit score, and reduce the lender’s bad inventory and costs. If that is the case then why are short sales portrayed in

such a negative light? Many of these transactions do not end in a successful closing, which leaves both the buyer and the Realtor tainted, and the seller bewildered. The process is long and cumbersome, sometimes taking up to six months or longer. Sellers have a hard time accepting the situation they find themselves in and delay the paperwork or otherwise hinder the process. These, and other reasons, cause buyers to give up and walk away. Bob Meaux, 201-647-6144, has successfully closed short sales and can patiently take you through the process. A new government initiative, Foreclosure Alternatives Program, will hopefully incentivize both sellers and lenders to complete short sale transactions while standardizing and streamlining the process.

IS A TAX APPEAL IN YOUR FUTURE? This year we helped many clients, friends and neighbors prepare documentation needed to file a tax appeal. Call us for usable comparables. Remember, you cannot use information on any house that sold after October 31, 2009 for your 2010 tax appeal. If you need help in the complete tax appeal process we can connect you with Mark Bigos, our in-house lawyer and Broker of Record, who specializes in tax appeals. He has won many this year for area residents.

14 Produced by Beverly & Bob Meaux, Realtors®, 201-647-6144, Towne Realty Group, Inc.


Your Home is Not for Sale; Your House is Get Mentally Prepared •

Your home has become a product. It can be difficult to think of a home as a mere product, but it helps to do this in order to get top dollar and sell it in a reasonable amount of time.

You want to sell that product.

As with any product for sale, your house will be marketed.

You want to package your house so that it is attractive to customers (Buyer) because you want them to choose your product and not the competition.

To gain an edge in the West Orange marketplace, work with Bev and Bob Meaux to stage your product to look better, to market it like no other and to price it right to sell for top dollar. Go to www.BevAndBobHomes.com to learn more

DEDICATED TO TOTAL TRANSACTION SERVICE TOWNE REALTY GROUP

Robert Meaux Sales Associate 201-647-6144 e-Pro Certified Knows Short Sales

Beverly Meaux Broker-Sales Associate 201-925-8199 Accredited Staging ProfessionalTM

511 Millburn Avenue - Short Hills, New Jersey 07078 - 973-376-8300 Produced by Beverly & Bob Meaux, Realtors®, 201-925-8199,Towne Realty Group, Inc.

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Presorted Standard U.S. Postage Paid Short Hills, NJ Permit No. 50

TELEPHONES: Office: 973.376.8300 Bob Meaux: 201.647.6144 Beverly Meaux: 201.925.8199 MEAUX FAX: 973.528.0590 OFFICE ADDRESS: 511 Milburn Avenue Short Hills, New Jersey 07078 WEBSITE: www.BevAndBobHomes.com EMAIL:

Bob: Bought@BevAndBobHomes.com Beverly: Sold@BevAndBobHomes.com

Check out www.26Fitz.com If your property is currently listed for sale with a Realtor, please disregard. This is not a solicitation of other Real Estate Broker Listings. All information deemed reliable, but not guaranteed and includes information on single-family homes from the Garden State Multiple Listing Service(GSMLS). Towne Realty Group, LLC. Independently Owned and Operated.


West Orange Home Sales Report 1H 2009  

Read an analysis of how West Orange residential home sales have fared during the first half of this year and what role price, short sales an...

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