Volume IV, Fall/Winter 2015
COLLECTIONS
FL ASH Poll 68+32+Q
Developed as a means to measure buyer and seller behavior, our KLSIR Flash Polls enable our network of professionals to provide real-time expertise to complex situations.
73+ V + 27 46+54+V Broken
er
pan r
grout at t ub ked
29
%
ac
s
nd
r
29+71+W go
cr
e f ro n t n th ya
46%
Missin
u ro
t re
e w i n d ow
Dead
ei
d
Seller Responsibility Buyer Responsibility
mo
73
%
In our most recent KLSIR Flash Poll, we asked a group of seasoned industry professionals to opine on several of the most commonly cited home inspection issues. For a copy of the full report, or to be added to the distribution list for future KLSIR Flash Poll results, email your request to web@klsir.com.
l in
th
Some discoveries during the home inspection process are black and white in terms of seller vs. buyer responsibility, while others can cause polarizing discussions and even prevent transactions from closing.
sea
ur
No home is perfect.
We are pleased to present our Fall / Winter 2015 edition of Collections, a publication highlighting a sampling of the unique real estate opportunities available within the Somerset, Morris, Hunterdon, and Union County areas. In the Spring / Summer 2015 edition of Collections, we projected a 2015 market that would show marginal improvement from 2014 in the mainstream price levels based on continued low interest rates and relatively low inventory. As anticipated, many of our local communities did experience modest growth in terms of the number of transactions when analyzing market performance for the first 8 months of 2015 vs. 2014. For an in-depth look at how your community has performed, see pages 4-5.
IN THIS ISSUE Significant Sales...........................2-3 Market Analysis...........................4-5 On The Market..........................6–18
Turning your attention to the inside front cover, in our never-ending quest to better understand the dynamics of the real estate market, we recently launched the KLSIR FLASH Poll. We are using the FLASH Poll to compile the opinions and perspectives of Realtors, Buyers, and Sellers on a wide variety of real estate topics.
On The Maket: Land.....................19
In our first FLASH Poll, we queried seasoned industry professionals in our market regarding 15 of the most commonly cited inspection issues. Specifically, we asked respondents whether Sellers should be responsible for addressing the inspection issues, or if Buyers should expect to take on the repairs after they close on the property. We are now leveraging the results as we work with Buyers and Sellers to assist them in making informed decisions throughout the inspection process.
Sotheby’s Auction.........................29
sir.com..........................................20 Recently Sold............................21–28
As always, we are committed to providing valuable market information to each of our clients. We would welcome the opportunity discuss in more detail how these trends and data might align with or influence your real estate objectives. Please reach out to us in Basking Ridge at 908.696.8600 or Bedminster/Far Hills at 908.719.2500. Jerry Kienlen President
Michael Lattmann Broker of Record Cover property, aerial photo of 440 Holland Road, Bedminster, New Jersey. Listed by Kienlen Lattmann Sotheby’s International Realty. For additional listing information, see page 9.
SIGNIFICANT SALES EXTRAORDINARY MARKETING EXPERTISE. The sale of a significant home is truly notewor thy. To represent a home of distinction requires highly-qualified professionals with global reach and local exper tise.
BASKING RIDGE
33 ROYAL OAK DRIVE
BEDMINSTER
1555 BURNT MILLS ROAD
6 Bedrooms | 5.3 Baths | 2.00 Acres | Offered at $3,195,000
4 Bedrooms | 3.1 Baths | 24.20 Acres | Offered at $1,950,000
Truly a one-of-a-kind home with classic design and impressive detail throughout. The spectacular exterior includes extensive patios, pool, pool house, pergola with fireplace and putting green.
“Sterling Meadow Farm,” a working equestrian compound, includes the circa 1787 main residence, one bedroom apartment, four stables with 35 stalls, and lighted indoor and outdoor arenas.
Listed and Sold by Kienlen Lattmann Sotheby’s International Realty. For additional information see page 23.
Listed by Kienlen Lattmann Sotheby’s International Realty. For additional information see page 23.
2 | KLSIR.com
SIGNIFICANT SALES
BERNARDSVILLE
92 DRYDEN ROAD
FAR HILLS
295 PENNBROOK ROAD
5 Bedrooms | 5.2 Baths | 5.02 Acres | Offered at $2,450,000
4 Bedrooms | 3.2 Baths | 10.06 Acres | Offered at $1,998,000
This estate property offers a bright open floor plan with traditional styling and numerous quality features including a luxurious salt water pool.
Tastefully renovated and expanded Colonial in desired Mountain location with custom millwork, complete guest apartment. Bluestone patio and stone walls enhance the private exterior.
Sold by Kienlen Lattmann Sotheby’s International Realty. For additional information see page 24.
Sold by Kienlen Lattmann Sotheby’s International Realty.
HARDING TWP
174 BLUE MILL ROAD
WARREN
55 DOCK WATCH HOLLOW ROAD
8 Bedrooms | 5.3 Baths | 6.60 Acres | Offered at $3,390,000
5 Bedrooms | 4.1 Baths | 8.65 Acres | Offered at $2,500,000
A signature New Vernon property…classic 1940’s home surrounded by conserved land. Filled with craftsmanship and detail not found in today’s construction.
This sweeping Estate is the utmost combination of grandeur and functionality. Stunning gated entrance, distinctive architecture, and exquisite grounds.
Listed and Sold by Kienlen Lattmann Sotheby’s International Realty. For additional information see page 26.
Listed by Kienlen Lattmann Sotheby’s International Realty. For additional information see page 28.
KLSIR.com | 3
Total proper ties sold, 2015 vs. 2014*
A year-to-date review of our local markets.
Median sales price, 2015 vs. 2014*
*January 1 - August 31, 2015
THE MARKET
Properties marketed below $1 million MEDIAN SALES PRICE
SOLD PROPERTIES
AVG DAYS ON MARKET
Properties marketed above $1 million
LIST/SALE PRICE RATIO
SOLD PROPERTIES
AVG DAYS ON MARKET
LIST/SALE PRICE RATIO
2015
2014
2015
2014
2015
2014
2015
2014
2015
2014
2015
2014
2015
2014
Bedminster Township
$337,500
$329,900
115
129
63
46
98.1%
98.8%
6
5
105
374
89.6%
91.4%
Berkeley Heights
$580,000
$591,000
103
104
57
48
97.9%
98.3%
3
8
15
66
96.3%
96.8%
Bernards Township
$570,000
$585,000
231
250
50
40
97.9%
98.4%
43
53
62
556
96.5%
96.9%
Bernardsville
$614,200
$512,000
52
41
67
78
96.5%
96.2%
15
10
152
117
94.4%
88.6%
Branchburg
$432,000
$357,500
127
102
56
69
97.4%
97.6%
16
1
15
42
98.4%
92.4%
Bridgewater
$424,900
$419,900
375
320
59
52
97.8%
98.3%
8
8
26
109
96.9%
92.4%
Chatham Borough
$675,000
$710,000
70
54
43
40
100.5%
99.7%
12
13
46
22
96.6%
101.4%
Chatham Township
$901,500
$875,000
89
75
49
41
98.6%
98.5%
67
46
51
60
97.4%
97.8%
Chester Borough
$485,000
$399,900
22
10
71
75
97.3%
92.0%
-
-
-
-
-
-
Chester Township
$720,000
$610,000
50
62
98
81
96.6%
97.7%
18
7
113
44
94.3%
94.6%
Clinton Town
$343,000
$329,000
29
26
82
54
96.6%
95.7%
-
-
-
-
-
-
Clinton Township
$379,000
$390,000
121
129
70
73
97.3%
97.2%
-
-
-
-
-
-
Far Hills
$760,000
$820,000
5
3
110
337
95.6%
91.7%
2
2
86
210
86.1%
84.9%
Harding Township
$999,999
$1,125,000
17
11
104
75
97.3%
96.6%
21
17
131
121
90.8%
91.8%
Long Hill Township
$506,000
$502,000
75
82
68
52
97.1%
98.1%
1
-
156
-
94.2%
-
Madison
$725,000
$635,000
96
78
49
44
99.0%
99.0%
36
21
39
54
98.3%
97.5%
Mendham Borough
$618,500
$600,000
38
52
68
48
97.4%
95.9%
4
8
61
139
93.7%
93.7%
Mendham Township
$900,000
$849,000
39
31
77
85
97.6%
93.0%
22
20
70
60
96.2%
94.9%
Morris Plains
$475,000
$435,000
49
54
49
52
98.1%
97.2%
-
-
-
-
-
-
Morris Township
$577,500
$540,000
200
197
63
50
97.3%
97.5%
13
11
89
99
95.0%
95.5%
Morristown
$425,000
$391,100
114
102
42
60
98.5%
97.0%
2
4
15
125
97.8%
93.4%
New Providence
$610,000
$575,000
123
75
51
47
99.2%
98.8%
8
8
100
71
96.5%
97.5%
Peapack-Gladstone
$719,900
$839,000
16
8
89
51
96.3%
97.7%
1
4
237
97
81.7%
95.0%
Randolph
$496,000
$496,000
176
172
64
61
98.4%
98.1%
3
1
173
32
95.2%
90.5%
Summit
$812,500
$775,000
112
134
39
40
106.4%
99.8%
70
65
39
31
98.6%
98.7%
Tewksbury
$681,000
$680,000
49
38
123
99
96.3%
93.8%
14
10
259
112
92.4%
91.2%
Warren (Somerset County)
$725,000
$812,000
58
79
80
61
98.1%
97.2%
32
28
80
83
95.4%
95.3%
Washington Township (Morris County)
$415,000
$440,000
131
114
85
91
98.2%
96.6%
2
1
70
367
97.0%
71.4%
Watchung
$635,000
$650,000
38
39
97
81
97.5%
97.8%
10
10
128
142
96.0%
94.4%
Based on data available from the Garden State Multiple Listing Service. Year-over-year comparisons analyzed January 1 through August 31 of each year.
KLSIR.com | 5
ON THE MARKET
BASKING RIDGE
75 CONSTITUTION WAY | 75ConstitutionWay.com
2 Bedrooms | 2.1 Baths | $505,000
• Impeccably maintained Townhome in desirable Hamilton Woods • Newly remodeled master bath with freestanding tub and radiant heated floors
THE WORTH OF A HOME can be found in details that truly define uniqueness—as simple as a centuries old fireplace that retains the historic permanence of time past, or as grand as a rooftop promenade atop a landscape of city lights. So, to us, it’s not simply the size of the property, the number of bedrooms, or even the price, but more about the distinct character that makes a home wor thy of being called exceptional.
This is our world.
PAOLA MORCHIO | 917.459.4771 | pmorchio@klsir.com
BASKING RIDGE
134 JUNIPER WAY | 134JuniperWay.com
4 Bedrooms | 3.0 Baths | 1.51 Acres | $1,175,000
• Meticulously maintained Beer & Coleman designed Ranch on private cul-de-sac • Open floor plan; second level great room; expansive deck with pool; 3 car garage MICHAEL LATTMANN | 908.672.3930 | mlattmann@klsir.com
ON THE MARKET
BASKING RIDGE
449 MINE BROOK ROAD | 449MineBrookRoad.com
BASKING RIDGE
210 CHILDS ROAD | ChildsRoad.info
5 Bedrooms | 3.2 Baths | 2.01 Acres | $1,279,000
4 Bedrooms | 3.2 Baths | 3.00 Acres | $1,299,000
• Quality finishes throughout thoughtfully updated spaces • Bluestone patio with built-in grill and enchanting, deer-fenced perennial gardens
• Updated reproduction Colonial farmhouse with first-floor master bedroom • Antique wide plank floors, studio with half bath; gorgeous setting
CRAIG LAWRENCE | 908.400.6981 | clawrence@klsir.com
DEBRA ROSS | 908.285.0666 | dross@klsir.com
BASKING RIDGE
BASKING RIDGE
232 SOMERVILLE ROAD | 232SomervilleRoad.com
207 SOMERVILLE ROAD | 207SomervilleRoad.com
5 Bedrooms | 4.1 Baths | 2.08 Acres | $1,329,000
4 Bedrooms | 4.2 Baths | 2.14 Acres | $1,399,000
• Elegant, custom-built home with endless indoor and outdoor entertaining options • Meticulously finished walk-out lower level with 750-bottle wine storage
• Spacious with open flow between rooms; family room and hearth room fireplaces • Four car garage, finished walk-out lower level with wet bar; built-in pool and deck
AMANDA RYAN | 908.642.5045 | amandaryan@klsir.com
MICHAEL LATTMANN | 908.672.3930 | mlattmann@klsir.com
KLSIR.com | 7
ON THE MARKET
BASKING RIDGE
48 EMERALD VALLEY LANE | 48EmeraldValleyLane.com
BASKING RIDGE
31 PRIMROSE LANE | 31PrimroseLane.com
5 Bedrooms | 4.1 Baths | 2.10 Acres | $1,849,000
5 Bedrooms | 5.1 Baths | 2.51 Acres | $1,995,000
• First-floor study and en-suite bedroom perfect for nanny or in-law • Private rear yard with bluestone patio and built-in professional grade barbeque
• Private cul-de-sac location with patios and in-ground pool • Walk-out finished lower level with home theatre and exercise room
MICHAEL LATTMANN | 908.672.3930 | mlattmann@klsir.com
WILLIAM ‘BILL’ ROLLER | 908.216.3128 | broller@klsir.com
BASKING RIDGE
BASKING RIDGE
55 WISTERIA WAY | 55WisteriaWay.com
240 MOUNTAIN ROAD | 240MountainRoad.com
5 Bedrooms | 4.2 Baths | 3.03 Acres | $2,575,000
4 Bedrooms | 4.1 Baths | 30.52 Acres | $2,699,000
• Shingle style residence offering the finest finishes; gourmet kitchen, 4 car garage • Bluestone patio with fireplace, outdoor kitchen with Lynx grill
• Bucolic country Estate; 6,500 sq. ft. accessory building; farm assessed acreage • Newly built home with Brazilian hardwood floors and numerous custom upgrades
JEROME KIENLEN | 908.432.8740 | jkienlen@klsir.com MICHAEL LATTMANN | 908.672.3930 | mlattmann@klsir.com
APRIL HOBBY | 732.996.0506 | ahobby@klsir.com
8 | KLSIR.com
ON THE MARKET
BEDMINSTER
2 JORDANA COURT | klsir.com
BEDMINSTER
440 HOLLAND ROAD | OldAcreEstate.com
5 Bedrooms | 3.0 Baths | 0.66 Acres | $1,000,000
6 Bedrooms | 5.2 Baths | 106.20 Acres | $4,950,000
• Large rooms; bright & sunny; gorgeous new, eat in kitchen 42-inch cherry cabinets • Hardwood floors on first and second floors; finished lower level
• ‘Oldacre’ is a 106-acre estate compound held in 3 parcels. Breathtaking views. • 1928 main residence, updated cottage, farmhouse & one bedroom apartment
JEROME KIENLEN | 908.432.8740 | jkienlen@klsir.com MARION HAGOVSKY | 908.242.3718 | mhagovsky@klsir.com
DEBRA ROSS | 908.285.0666 | dross@klsir.com
BERNARDSVILLE
BERNARDSVILLE
18 LIBERTY ROAD | Visit 18LibertyRd.com
60 PILL HILL ROAD | PillHillRoad.com
3 Bedrooms | 2.0 Baths | 0.27 Acres | $399,500
3 Bedrooms | 2.0 Baths | 3.30 Acres | $599,000
• Charming Cape Cod with updated kitchen • Meticulously maintained; great alternative to a condo or townhouse
• Completely updated and meticulously maintained sophisticated residence • Tranquil, beautiful setting close to town; move right in!
MONIQUE LOH | 908.240.5267 | mloh@klsir.com
DEBRA ROSS | 908.285.0666 | dross@klsir.com
KLSIR.com | 9
ON THE MARKET
BERNARDSVILLE
341 MT. HARMONY ROAD | 341MtHarmony.com
BERNARDSVILLE
92 DOUGLASS AVENUE | 92DouglassAvenue.com
3 Bedrooms | 2.1 Baths | 0.58 Acres | $795,000
4 Bedrooms | 4.2 Baths | 1.62 Acres | $995,000
• Charming Bernardsville Mountain retreat with private rear yard • Many updates throughout; much larger than it appears
• Open floor plan flooded with natural light and lavishly designed • Lush gardens surround the private outdoor escape; perfect for entertaining
MICHAEL LATTMANN | 908.672.3930 | mlattmann@klsir.com
MEGAN BONANNO | 862.812.0634 | mbonanno@klsir.com
BERNARDSVILLE
BERNARDSVILLE
71 HARDSCRABBLE ROAD | Reynolds-SchermanHouse.com
19 LAURELWOOD DRIVE | LaurelwoodDrive.com
4 Bedrooms | 2.1 Baths | 12.53 Acres | $1,147,500
5 Bedrooms | 3.2 Baths | 0.87 Acres | $1,239,000
• Authentically restored 1750 stone gem on lush grounds • Gardens, pond, dock; close to town
• Bright, spacious & beautifully maintained; walk-out lower level; 3-car garage • Elegant millwork and hardwood floors throughout; exceptional location
LORRAINE HUNT KOPACZ | 908.217.7716 | lhuntkopacz@klsir.com ANNE MAYO FERRANTE | 973.214.9841 | aferrante@klsir.com
DEBRA ROSS | 908.285.0666 | dross@klsir.com
10 | KLSIR.com
ON THE MARKET
BERNARDSVILLE
14 CHARLOTTE HILL DRIVE | CharlotteHillDrive.com
BERNARDSVILLE
140 STONE FENCE ROAD | StoneFenceRoad.com
5 Bedrooms | 4.2 Baths | 1.57 Acres | Price Upon Request
6 Bedrooms | 6.2 Baths | 5.66 Acres | $1,925,000
• Custom colonial; hardwood floors throughout; master suite with sitting room • Finished lower level; 4-car garage; Expansive patio overlooks private rear yard
• Cul-de-sac setting in coveted neighborhood; detailed millwork • 2nd level great room, finished walk-out lower level with bedroom; 4-car garage
DEBRA ROSS | 908.285.0666 | dross@klsir.com
DEBRA ROSS | 908.285.0666 | dross@klsir.com
BERNARDSVILLE
BERNARDSVILLE
101 BOULDERWOOD DRIVE | BoulderwoodDrive.com
51 RAVINE LAKE ROAD | 51RavineLake.com
5 Bedrooms | 6.1 Baths | 5.57 Acres | $2,325,000
5 Bedrooms | 5.2 Baths | 5.00 Acres | $2,550,000
• Sophisticated Bernardsville Mountain residence; approx. 8400 sq ft on 3 levels • Extensive renovations/additions; finished walk-out lower level; pool/spa
• Bernardsville Mountain Estate with magnificent views, high ceilings, handsome millwork • Four levels of finished living space; finished walk-out lower level with full bath
DEBRA ROSS | 908.285.0666 | dross@klsir.com
JEROME KIENLEN | 908.432.8740 | jkienlen@klsir.com HOWARD REYNOLDS | 908.432.0776 | hreynolds@klsir.com
KLSIR.com | 11
ON THE MARKET
BERNARDSVILLE
335 MENDHAM ROAD | 335MendhamRoad.com
BETHLEHEM TWP
19 ALPAUGH DRIVE | 19AlpaughDrive.com
6 Bedrooms | 7.1 Baths | 6.10 Acres | $2,695,000
4 Bedrooms | 3.1 Baths | 1.12 Acres | $599,900
• Stunning newly completed custom home with 3 levels of living space • Exquisite architectural finishes; abundant moldings and trim
• Significant upgrades—fantastic price • Breathtaking vistas from gorgeous deck
MICHAEL LATTMANN | 908.672.3930 | mlattmann@klsir.com
LORRAINE HUNT KOPACZ | 908.217.7716 | lhuntkopacz@klsir.com
BYRAM
CHESTER
11 LAKE DRIVE | 11LakeDrive.com
2 Bedrooms | 1.2 Baths | 0.85 Acres | $349,000
• 300’ peninsula of unobstructed shoreline with large dock and lush landscaping • Lake-style home with wraparound views of Lake Lackawanna; expansion potential JON BURYK | 908.443.1491 | jburyk@klsir.com
12 | KLSIR.com
610 OLD CHESTER ROAD | 610OldChesterRoad.com
4 Bedrooms | 3.0 Baths | 1.07 Acres | $524,900
• Exceptionally priced East Jersey Cottage • Newly redesigned patio provides a distant vista LORRAINE HUNT KOPACZ | 908.217.7716 | lhuntkopacz@klsir.com ANNE MAYO FERRANTE | 973.214.9841 | aferrante@klsir.com
ON THE MARKET
CHESTER
31 MOUNTAIN VIEW DRIVE | 31MountainViewDrive.com
4 Bedrooms | 3.0 Baths | 2.00 Acres | $599,000
CHESTER
130 OLD MILL ROAD | 130OldMillRoad.com
5 Bedrooms | 3.1 Baths | 4.55 Acres | $789,000
• Expanded Ranch in well-sought neighborhood; private rear yard with oversized deck • First-floor master suite; large second-floor bedrooms; refinished hardwood floors
• Atouch of paradise: sun-dappled and private acreage with garden ponds and brook • Custom contemporary with 40-foot atrium; s piral staircases; sunken living room
JON BURYK | 908.443.1491 | jburyk@klsir.com
JON BURYK | 908.443.1491 | jburyk@klsir.com ANNE MAYO FERRANTE | 973.214.9841 | aferrante@klsir.com
CHESTER
4 BYRON COURT | 4ByronCourt.com
5 Bedrooms | 3.1 Baths | 3.17 Acres | $899,000
CHESTER
4 BEACON HILL DRIVE | BeaconHillDrive.com
5 Bedrooms | 5.1 Baths | 3.17 Acres | $1,595,000
• Custom home set on private acreage; great room; large kitchen open to family room • Cul-de-sac location in desirable enclave of Beacon Hill; 3-car garage; top schools
• Magnificent recently updated custom residence; highly-rated school system • Striking architectural details; finest craftsmanship; fabulous walkout lower level
DEBRA ROSS | 908.285.0666 | dross@klsir.com
DEBRA ROSS | 908.285.0666 | dross@klsir.com
KLSIR.com | 13
ON THE MARKET
CLINTON
21 SHERIDAN ROAD | 21SheridanRoad.com
FAR HILLS
13 FAR HILLS AVENUE | 13FarHillsAve.com
5 Bedrooms | 3.1 Baths | 1.00 Acres | $569,000
3 Bedrooms | 1.0 Baths | 0.20 Acres | $439,900
• Custom home in country setting with in-ground pool • Updated throughout; hardwood floors, granite counters, stainless appliances
• Charming and updated Cape with versatile floor plan • Newer bathroom, 2-tier deck and fenced rear yard backing to Fairgrounds
CLAUDIA WILLS | 908.242.7699 | cwills@klsir.com
LORRAINE HUNT KOPACZ | 908.217.7716 | lhuntkopacz@klsir.com MICHAEL LATTMANN | 908.672.3930 | mlattmann@klsir.com
FAR HILLS
FAR HILLS
4 HURLINGHAM CLUB ROAD | 4HurlinghamClubRoad.com
141 POST KENNEL ROAD | 141PostKennelRoad.com
2 Bedrooms | 3.1 Baths | 0.19 Acres | $710,000
4 Bedrooms | 3.1 Baths | 6.96 Acres | $1,625,000
• Attractive Haddington model in the desirable Polo Club • Open floor plan with 2-story living room
• Charming updated Colonial home on a beautiful country lane • Unique first-floor master suite with separate dressing room and loft office
THOMAS HOWLAND | 908.581.2344 | thowland@klsir.com
NICOLE RAMSEUR | 908.295.5082 | nramseur@klsir.com
14 | KLSIR.com
ON THE MARKET
GREENBROOK
10 KAPPELMANN DRIVE | 10KappelmannDrive.com
HARMONY TWP
160 ESPOSITO ROAD | 160EspositoRd.com
5 Bedrooms | 4.2 Baths | 1.13 Acres | $1,350,000
5 Bedrooms | 3.2 Baths | 24.00 Acres | $1,799,000
• Estate home in cul-de-sac location • Numerous fine upgrades and finished lower level
• Magnificent equestrian estate with custom Colonial and separate cottage • Thirty stalls, indoor and outdoor arenas, fenced pastures
JEROME KIENLEN | 908.432.8740 | jkienlen@klsir.com
CLAIRE THOMSON | 917.209.2261 | cthomson@klsir.com
HARDING TWP
HARDING TWP
43 POST HOUSE ROAD | 43PostHouseRoad.com
42 KENNEDY LANE | 42KennedyLane.com
4 Bedrooms | 3.2 Baths | 3.48 Acres | $1,295,000
6 Bedrooms | 8.1 Baths | 3.94 Acres | $4,985,000
• Custom home with distinctive character and open floor plan • The master suite features sliders to outside and elegantly renovated bath
• Nearly 12,000 square feet plus finished lower level • Gunite pool, formal gardens, koi pond and pastoral views
MICHAEL LATTMANN | 908.672.3930 | mlattmann@klsir.com
MICHAEL LATTMANN | 908.672.3930 | mlattmann@klsir.com
KLSIR.com | 15
ON THE MARKET
HARDING TWP
23 WELSH LANE | EquusManorNJ.com
6 Bedrooms | 8.3 Baths | 10.32 Acres | $5,200,000
MENDHAM
5 LEDDELL ROAD | 5LeddellRoad.com
5 Bedrooms | 4.1 Baths | 1.00 Acres | $999,900
• Equestrian estate with 22 room residence, six-stall barn, pool and cabana • Mahogany library, walk-out lower level
• Custom rebuilt home with open, modern floor plan; au-pair suite • Wonderful neighborhood, close to town, minutes to Morristown, Routes 287 & 24
BERLY TEELE | 908.451.1650 | bteele@klsir.com
LIANE DOBSON | 973.476.3485 | ldobson@klsir.com
MENDHAM
MORRIS TWP
35 W. MAIN STREET | 35WestMainStreet.com
2 BETTIN DRIVE | 2BettinDrive.com
5 Bedrooms | 4.1 Baths | 0.61 Acres | $1,149,000
5 Bedrooms | 4.1 Baths | 3.57 Acres | $980,000
• Located in desirable Brookside neighborhood • Gourmet kitchen, master bedroom with sitting room; hardwood floors throughout
• Expansive manicured property on the edge of Jockey Hollow National Park • Eight years young, gourmet kitchen, au-pair suite, finished walk-out lower level
MONIQUE BOSROCK | 908.938.9558 | mbosrock@klsir.com
LIANE DOBSON | 973.476.3485 | ldobson@klsir.com
16 | KLSIR.com
ON THE MARKET
TEWKSBURY TWP
3 BARLOW DRIVE | klsir.com
TEWKSBURY TWP
2 FOX HILL ROAD | TwoFoxHillRoad.com
5 Bedrooms | 3.1 Baths | 3.40 Acres | $760,000
6 Bedrooms | 3.1 Baths | 5.48 Acres | $998,500
• Bright and spacious classic Colonial on private neighborhood lot • In-ground pool, terraced bluestone patios, gardens and finished walk-out lower level
• Beautifully restored circa 1800 Estate • Income producing carriage house and stone storage building
JOSEPH GEBBIA | 908.334.6504 | jgebbia@klsir.com
LORRAINE HUNT KOPACZ | 908.217.7716 | lhuntkopacz@klsir.com
TEWKSBURY TWP
TEWKSBURY TWP
2 HALSEY FARM ROAD | 2HalseyFarm.com
5 Bedrooms | 5.2 Baths | 3.00 Acres | $1,579,000
18 HILL AND DALE ROAD | 18HillAndDale.com
5 Bedrooms | 2.2 Baths | 6.04 Acres | $1,869,000
• Custom home with countryside views; 10’ ceilings and Brazilian wood floors • Lower level with billiard, recreation, exercise room, kitchenette and fireplace
• Tendenze designed European country residence; period detailing • Finest quality materials and craftsmanship; sweeping countryside views
JEROME KIENLEN | 908.432.8740 | jkienlen@klsir.com JOSEPH GEBBIA | 908.334.6504 | jgebbia@klsir.com
DEBRA ROSS | 908.285.0666 | dross@klsir.com JOSEPH GEBBIA | 908.334.6504 | jgebbia@klsir.com
KLSIR.com | 17
ON THE MARKET
TEWKSBURY TWP
109 OLD TURNPIKE ROAD | 109OldTurnpikeRoad.com
WASHINGTON TWP
57 MERLIN DRIVE | 57MerlinDrive.com
3 Bedrooms | 2.0 Baths | 20.00 Acres | $2,750,000
3 Bedrooms | 2.1 Baths | 0.18 Acres | $380,000
• Create an estate on a gorgeous property with restored Carriage house and Cottage • Plans for magnificent ‘barn to home’ conversion
• Single family home in 55+ golf community • Master bedroom on the first level
LORRAINE HUNT KOPACZ | 908.217.7716 | lhuntkopacz@klsir.com
MARION HAGOVSKY | 908.242.3718 | mhagovsky@klsir.com
WASHINGTON TWP
WATCHUNG
10 KESTREL COURT | 10KestrelCourt.com
56 WILL LANE | 56WillLane.com
3 Bedrooms | 3.1 Baths | $420,000
6 Bedrooms | 6.2 Baths | 1.50 Acres | $2,350,000
• 55+ golf community with beautiful views • Master bedroom located on the first floor; finished walk-out lower level
• True craftsmanship and the finest ammenities including a Leonardis kitchen • 4-car heated garage with mahogany doors, finished walk-out lower level, wine cellar
MARION HAGOVSKY | 908.242.3718 | mhagovsky@klsir.com
MICHAEL LATTMANN | 908.672.3930 | mlattmann@klsir.com
18 | KLSIR.com
ON THE MARKET: LAND
BEDMINSTER
8 SKI HILL DRIVE | 8SkiHillDrive.com
BERNARDSVILLE
10 CHARLOTTE HILL DRIVE | 10CharlotteHillDrive.com
1.02 Acres | $399,000
3.67 Acres | $900,000
• All engineering and perc test completed with septic approved for a 4-bedroom home • Lot sits up slightly from the street; the perfect platform to build your dream home
• Build your country Estate—building plans are available, or bring your own • This exceptional wooded lot is minutes from town and major transportation
MICHAEL LATTMANN | 908.672.3930 | mlattmann@klsir.com
DONNA GODUTI MOORE | 908.625.8757 | dmoore@klsir.com
HARDING
PEAPACK GLADSTONE
631 SPRING VALLEY ROAD | klsir.com
58 FOWLER ROAD | klsir.com
3.07 Acres | $1,595,000
8.37 Acres | $795,000
• Level building site comprised of meadows, natural landscapes; access to public water • Designed with an appreciation for nature and architectural traditions of the region
• Historic Peapack Gladstone voted one of the Top Towns to Live in New Jersey • Spectacular location, flat wooded parcel adjacent to Hamilton Farms Country Club
JEAN STIVERS | 973.441.6711 | jstivers@klsir.com
DONNA GODUTI MOORE | 908.625.8757 | dmoore@klsir.com
KLSIR.com | 19
sir.com—AN IMMERSIVE EXPERIENCE sir.com, the Sotheby’s International Realty website, attracts more consumers to search, view, and inquire than any other luxury real estate website.
Annually, sir.com invites: 11,000,000 visits | 75,000,000 page views | 25,000,000 property detail pages viewed | 52% visits from outside the US
RECENTLY SOLD We take great pride in using our expertise, resources, and global connections to perfectly unite extraordinary places with the extraordinary buyers who will cherish them as we do.
Extraordinary properties. Unique stories. Successfully represented.
BASKING RIDGE
BASKING RIDGE
BASKING RIDGE
133 COUNTRYSIDE DRIVE
4 DEERFIELD COURT
176 N. MAPLE AVENUE
1 Bedroom | 1.0 Bath Offered at $184,900
2 Bedrooms | 3.1 Baths Offered at $512,000
3 Bedrooms | 2.1 Baths | 1.06 Acres Offered at $599,900
Listed by Marion Hagovsky 908.242.3718 | mhagovsky@klsir.com
Sold by April Hobby 732.996.0506 | ahobby@klsir.com
Sold by Nicole Ramseur 908.295.5082 | nramseur@klsir.com
KLSIR.com | 21
RECENTLY SOLD
BASKING RIDGE
BASKING RIDGE
BASKING RIDGE
15 BATTALION DRIVE
62 FAIRVIEW DRIVE SOUTH
161 LAKE ROAD
3 Bedrooms | 2.1 Baths Offered at $599,999
4 Bedrooms | 2.1 Baths | 0.95 Acres Offered at $699,000
4 Bedrooms | 2.1 Baths | 2.27 Acres Offered at $695,000
Listed by Marion Hagovsky 908.242.3718 | mhagovsky@klsir.com
Listed by Amanda Ryan 908.642.5045 | amandaryan@klsir.com
Listed by Lorraine Hunt Kopacz 908.217.7716 | lhuntkopacz@klsir.com
BASKING RIDGE
BASKING RIDGE
BASKING RIDGE
25 OXBOW LANE
14 GRANVILLE WAY
28 BRIAR LANE
4 Bedrooms | 2.1 Baths | 0.92 Acres Offered at $709,900
5 Bedrooms | 2.1 Baths | 0.95 Acres Offered at $900,000
4 Bedrooms | 4.1 Baths | 1.80 Acres Offered at $999,999
Sold by Lorraine Hunt Kopacz 908.217.7716 | lhuntkopacz@klsir.com
Listed by James Zima & Flo Cox 973.886.6320 | jzima@klsir.com 908.229.5507 | fcox@klsir.com
Listed and Sold by Barbara Golankiewicz 732.266.6655 | bgolankiewicz@klsir.com
22 | KLSIR.com
RECENTLY SOLD
BASKING RIDGE
BASKING RIDGE
BASKING RIDGE
102 GOVERNOR DRIVE
39 BUTTERNUT LANE
9 CHELSEA COURT
4 Bedrooms | 3.1 Baths | 0.57 Acres Offered at $1,299,000
6 Bedrooms | 6.2 Baths | 2.34 Acres Offered at $1,615,000
6 Bedrooms | 4.2 Baths | 2.43 Acres Offered at $1,825,000
Listed by Diane Dennis 908.501.0132 | ddennis@klsir.com
Listed by Michael Lattmann 908.672.3930 | mlattmann@klsir.com
Listed by Michael Lattmann 908.672.3930 | mlattmann@klsir.com
BASKING RIDGE
BEDMINSTER
BEDMINSTER
33 ROYAL OAK DRIVE
1555 BURNT MILLS ROAD
66 PHEASANT BROOK COURT
6 Bedrooms | 5.3 Baths | 2.00 Acres Offered at $3,195,000 Listed by Michael Lattmann 908.672.3930 | mlattmann@klsir.com Sold by Diane Dennis 908.501.0132 | ddennis@klsir.com
4 Bedrooms | 3.1 Baths | 24.20 Acres Offered at $1,950,000
2 Bedrooms | 2.1 Baths Offered at $364,900
Listed by Debra Ross 908.285.0666 | dross@klsir.com
Sold by Marion Hagovsky 908.242.3718 | mhagovsky@klsir.com
KLSIR.com | 23
RECENTLY SOLD
BERNARDSVILLE
BERNARDSVILLE
BERNARDSVILLE
41 ANDERSON HILL ROAD
160 HARDSCRABBLE ROAD
116-1 DRYDEN ROAD
3 Bedrooms | 2.0 Baths | 0.12 Acres Offered at $539,900
4 Bedrooms | 4.0 Baths | 6.04 Acres Offered at $1,200,000
6 Bedrooms | 5.1 Baths | 8.05 Acres Offered at $1,495,000
Sold by Megan Bonanno 862.812.0634 | mbonanno@klsir.com
Listed by Lorraine Hunt Kopacz 908.217.7716 | lhuntkopacz@klsir.com
Sold by William Roller 908.216.3128 | broller@klsir.com
BERNARDSVILLE
BRIDGEWATER
BRIDGEWATER
92 DRYDEN ROAD
2 STELLA DRIVE
1039 CHAMBERS COURT
5 Bedrooms | 5.2 Baths | 5.02 Acres Offered at $2,450,000
4 Bedrooms | 1.1 Baths | 0.93 Acres Offered at $365,000
5 Bedrooms | 3.0 Baths | 2.05 Acres Offered at $899,000
Sold by Donna Goduti Moore 908.625.8757 | dmoore@klsir.com
Listed by Lorraine Hunt Kopacz 908.217.7716 | lhuntkopacz@klsir.com
Listed by Nicole Ramseur 908.295.5082 | nramseur@klsir.com
24 | KLSIR.com
RECENTLY SOLD
BRIDGEWATER
BRIDGEWATER
CHESTER
1 CURTIS TRAIL
1908 MOUNTAIN TOP ROAD
8 WILLIAMSON LANE
4 Bedrooms | 3.1 Baths | 0.90 Acres Offered at $899,500
4 Bedrooms | 4.2 Baths | 1.94 Acres Offered at $1,299,000
3 Bedrooms | 2.0 Baths | 0.84 Acres Offered at $396,000
Listed and Sold by Cindy Pagnotta 908.436.7947 | cpagnotta@klsir.com
Listed by Nicole Ramseur 908.295.5082 | nramseur@klsir.com
Listed by Lorraine Hunt Kopacz 908.217.7716 | lhuntkopacz@klsir.com
CHESTER
CHESTER
CHESTER
5 OVERLOOK TERRACE
12 SOUTH ROAD
423 FOX CHASE ROAD
4 Bedrooms | 2.1 Baths | 3.42 Acres Offered at $579,000
4 Bedrooms | 2.1 Baths | 2.06 Acres Offered at $600,000
5 Bedrooms | 3.1 Baths | 2.00 Acres Offered at $675,000
Listed by Lorraine Hunt Kopacz 908.217.7716 | lhuntkopacz@klsir.com
Listed by Marion Hagovsky 908.242.3718 | mhagovsky@klsir.com
Sold by Lorraine Hunt Kopacz 908.217.7716 | lhuntkopacz@klsir.com
KLSIR.com | 25
RECENTLY SOLD
CHESTER
FAR HILLS
HARDING TWP
34 CHESTERFIELD DRIVE
284 MINE BROOK ROAD
2 ST. CLAIR ROAD
5 Bedrooms | 3.2 Baths | 1.59 Acres Offered at $1,199,000
6 Bedrooms | 4.1 Baths | 23.44 Acres Offered at $1,050,000
4 Bedrooms | 2.1 Baths | 3.50 Acres Offered at $979,000
Sold by Lorraine Hunt Kopacz 908.217.7716 | lhuntkopacz@klsir.com
Listed and Sold by Lorraine Hunt Kopacz 908.217.7716 | lhuntkopacz@klsir.com
Sold by Willard E. “Ben” Alexander Jr. 973.477.8155 | balexander@klsir.com
HARDING TWP
MENDHAM
MENDHAM
174 BLUE MILL ROAD
3 COLONIAL PLACE
28 COREY LANE
8 Bedrooms | 5.3 Baths | 6.60 Acres Offered at $3,390,000
3 Bedrooms | 3.0 Baths | 1.01 Acres Offered at $679,900
4 Bedrooms | 4.0 Baths | 5.14 Acres Offered at $829,000
Listed and Sold by Willard E. “Ben” Alexander Jr. 973.477.8155 | balexander@klsir.com
Sold by Louise Ann Fellers 908.930.9564 | lfellers@klsir.com
Listed by Debra Ross 908.285.0666 | dross@klsir.com
26 | KLSIR.com
RECENTLY SOLD
MENDHAM
MENDHAM
MORRIS PLAINS
5 WHITE OAK RIDGE COURT
16 CARRIAGE HILL DRIVE
5 CUTLER ROAD
5 Bedrooms | 3.1 Baths | 1.03 Acres Offered at $1,299,000
4 Bedrooms | 5.1 Baths | 6.79 Acres Offered at $1,389,000
5 Bedrooms | 2.1 Baths | 0.41 Acres Offered at $600,000
Listed by Liane Dobson 973.476.3485 | ldobson@klsir.com
Sold by James Zima 973.886.6320 | jzima@klsir.com
Listed by Louise Ann Fellers 908.930.9564 | lfellers@klsir.com
MORRIS PLAINS
MORRIS PLAINS
MORRISTOWN
18 WALSH WAY
62 DAVENPORT AVENUE
112 JAMES STREET
4 Bedrooms | 2.1 Baths | 0.50 Acres Offered at $675,000
5 Bedrooms | 3.1 Baths | 0.64 Acres Offered at $900,000
4 Bedrooms | 2.1 Baths | 0.48 Acres Offered at $395,000
Listed by Louise Ann Fellers 908.930.9564 | lfellers@klsir.com
Listed by Louise Ann Fellers 908.930.9564 | lfellers@klsir.com
Sold by Jon Buryk 908.443.1491 | jburyk@klsir.com
KLSIR.com | 27
RECENTLY SOLD
MORRIS TWP
SOMERVILLE
TEWKSBURY TWP
3 WHEATSHEAF FARM ROAD
306 ALTAMONT PLACE
78 FARMERSVILLE ROAD
5 Bedrooms | 5.1 Baths Offered at $1,299,000
5 Bedrooms | 2.0 Baths | 0.17 Acres Offered at $379,900
4 Bedrooms | 3.0 Baths | 3.14 Acres Offered at $625,000
Listed by Willard E. “Ben” Alexander Jr. 973.477.8155 | balexander@klsir.com
Sold by Jon Buryk 908.443.1491 | jburyk@klsir.com
Sold by Lorraine Hunt Kopacz 908.217.7716 | lhuntkopacz@klsir.com
TEWKSBURY TWP
TEWKSBURY TWP
WARREN
31 FELMLEY ROAD
15 ROUNDTOP ROAD
55 DOCK WATCH HOLLOW ROAD
4 Bedrooms | 4.1 Baths | 13.30 Acres Offered at $799,000
5 Bedrooms | 5.1 Baths | 2.14 Acres Offered at $1,199,000
5 Bedrooms | 4.1 Baths | 8.65 Acres Offered at $2,500,000
Listed by Joseph Gebbia 908.334.6504 | jgebbia@klsir.com
Listed by Joseph Gebbia 908.334.6504 | jgebbia@klsir.com
Listed by April Hobby 732.996.0506 | ahobby@klsir.com
28 | KLSIR.com
AUCTION CALENDAR OCTOBER | NOVEMBER 2015 American Paintings, Drawings and Sculpture New York 02 Oct Modern and Contemporary Asian Art Evening Sale Hong Kong 04 Oct Photographs New York 07 Oct
Property from a Distinguished Private Asian Collection New York 15 Oct Château Margaux 1900–2010 Direct from the Cellars: A Celebration of the Mentzelopoulos Era New York 17 Oct Collections: European Decorative Arts New York 17 Oct The Creative Genius of Sam Simon – A Lifetime of Memorabilia New York 22 Oct Impressionist & Modern Art Evening Sale New York 05 Nov Contemporary Art Evening Auction New York 11 Nov Finest and Rarest Wines New York 14 Nov American Art New York 18 Nov Latin America: Modern Art Latin America: Contemporary Art New York 19 – 20 Nov Prints & Multiples New York 23 – 24 Nov
We invite you to explore our real estate listings at klsir.com and view the worldwide auction schedule at sothebys.com Enquiries +1 212 606 7000. Sotheby’s 72 & York Register now at sothebys.com SOTHEBY’S, INC. LICENSE NO. 1216058. © SOTHEBY’S, INC. 2015
LÁSZLÓ MOHOLY-NAGY, Photogram, 1925-28. Estimate $150,000-250,000. Enquiries +1 212 894 1149 | sothebys.com/photographs
RM Sotheby’s: Hershey Hershey 08 – 09 Oct
WE ARE.
CONNECTED WORLDWIDE
6 Continents. 56 Countries. 730 Offices. Local Experts Worldwide. Back cover property for sale in Ticino, Switzerland. Listed by Fontana Sotheby’s International Realty. © MMXV Sotheby’s International Realty Affiliates LLC. All Rights Reserved. Sotheby’s International Realty® is a registered trademark licensed to Sotheby’s International Realty Affiliates LLC. An Equal Opportunity Company. Equal Housing Opportunity . Each Office is Independently Owned and Operated.
klsir.com 68 North Finley Avenue, Basking Ridge, NJ | 908.696.8600 454 Main Street, Bedminster, NJ | 908.719.2500