The Blueprint | Winter 2018 edition

W I N T E R 2 0 18

TH E

blue blueprint It is our pleasure to share our latest edition of The Blueprint, a selection of current offerings and recent sales by Kienlen Lattmann Sotheby’s International Realty.

Developed as an approach to provide additional local exposure for our clientele, The Blueprint is distributed to over 20,000 residents in the most affluent communities of central and northern New Jersey to promote the homes we represent.

&

SEEN HEARD T he Madison Ch amber of Comm erce thinks we crafted the “B est New Buildin g” and we can’ help but agree. t

ts 100% of Story pu le homes, w e N h it inab ership w afe, susta Our partn wards building s to a home. donations ly $6,000 te a im ox r for app

al networking Influence. Embrace. Live. Our glob ther over toge event in Las Vegas brought s. trie coun 34 from 2,400 top agents

watches, first time: jewels, Together for the “Life of our ted ra al estate cu wine, cars, and re ction house. the Manhattan au Luxury” exhibit at

On the cover

Ward Wight Sotheby’s International Realty hosted lunch and we brought our sandals for a tour of their homes down the Jersey shore.

“Hard Water” and other digital artworks by Wayne Charles Roth are on display in our Madison gallery through January 2018.

We “p ain initiativ ted the tow e to h elp ra n yellow” in depres ise aw sion th arenes a town-wide rough s to h art. elp fig ht

Get tacked up! We made sure to have frontrow seats for the return of the Mars Essex Horse Trials to Far Hills.

A toast for a ca use: We rang in the holiday spirit at our an nual holiday ce lebration and fourth annual ALS fundraiser.

a big wheel! games…and even Basketballs…board ull of sle collected a igh-f Our annual toy drive Shelter. ’s en om W d ey Battere toys for the Jers

Follow us throughout 2018!

On the cover

Kienlen Lattmann Sotheby’s International Realty has offices located at:

B A SK I NG R I D G E

68 North Finley Avenue, Basking Ridge | 908.696.8600

4 5 H A R D S C R A B B L E ROA D

454 Main Street, Bedminster | 908.719.2500

5 B E D RO O M S | 4 . 2 B AT H RO O M S | 6 . 0 4 AC R E S 4 5 H A R D S C R A B B L E R OA D . C O M | $ 1 , 8 2 5 , 0 0 0

223 Main Street, Madison | 973.377.7785

Liane Dobson 973.476.3485 | ldobson@klsir.com

klsir.com

B A SK I NG R I D G E 4 5 H A R D S C R A B B L E R OA D 5 B E D R O O M S | 4 . 2 B AT H R O O M S | 6 . 0 4 AC R E S 4 5 H A R D S C R A B B L E ROA D.C O M | $1,9 0 0 , 0 0 0

Liane Dobson 973.476.3485 | ldobson@klsir.com

©MMXVIII 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.

8 L AU R E L M O U N TA I N WAY 4 F I E L DV I E W L A N E 18 CO N D I C T P L AC E 6 VA L L E Y S T R E A M D R I V E 745 D RU M P O I N T ROA D 83 0 N E WA R K AV E N U E 1 H A M E S TOW N ROA D 18 W YC KO F F WAY 29 J E N K S H I L L ROA D 18 H I L L A N D DA L E ROA D 6 8 A N D E R S O N H I L L ROA D 11 AT L A S ROA D 13 01 S K Y H I G H WAY 53 07 C H E S T E RWO O D WAY 14A N O R M A N DY PA R K WAY 6 0 C A N T E R B U RY WAY 6 8 G L E N B RO O K ROA D 12 CO N S T I T U T I O N WAY 135 S O U T H F A FAY E T T E AV E N U E 2 52 LO N G M E A D OW ROA D 6 RO S E DA L E AV E N U E 7 TA L L T I M B E R L A N E 1 E LY CO U RT 2 2 F R A N K L I N P L AC E 27 F E L M L E Y ROA D WAY 4 0 W E S T PA R K P L AC E 13 4 R I P P L I N G B RO O K 14 C H E S T N U T P L AC E 28 F R A N K L I N P L AC E 4 4 L I T T L E TO N ROA D 6 I RO N I A ROA D 12 B AU M G A R T R E E T 1215 J E A N E T T E AV E N U E 4 4 B R I T T E N ROA D 5 4 0 L AU R E L AV E N U E 4 0 4 P O RT E R WAY 31 O S B O R N E AV E N U E 5 41 F O OT H I L L ROA D 19 P OTO M E N D H A M ROA D 39 F E L M L E Y ROA D 7 2 S O U T H A LWA R D AV E N U E 9 8 A S P E N D R I V E 4 6 S O U T H PA R K P L AC E 8 0 W H I T N E Y ROA D 2 2 RO L L I N G H I L L OA D 4 0 G L E N B RO O K ROA D 18 0 W H I T E B R I D G E ROA D 6 CO N CO R D L A N E 107 S U N R I S E D R I V E 17 RO U N DTO P ROA D 2 5 S P R I N G S T R E E T 296 FA M I L L S S T R E E T 7 CO U RT P L AC E 8 A RG O N N E FA R M D R I V E 8 9 B R A D F O R D S T R E E T 45 0 M E N D H A M ROA D 1 S TA B L E L A N E 158 M O U N TA I N WAY 39 R D S L E I G H D R I V E 181 C L A R E M O N T ROA D 5 0 TOT T E N D R I V E 53 W E X F O R D WAY 59 F I E L D S TO N E ROA D 9 S C H I N D L E R CO U RT 53 6 B E R RY WO O D W H I T E N AC K ROA D 2 35 M A R I N E R D R I V E 27 B L AC K W E L L AV E N U E 7 M A RT I N CO U RT 161 PAT R I OT H I L L D R I V E 4 8 M E N D H A M ROA D 1 B R I A N D R I V E O U RT 16 4 L I N D E N AV E N U E 2 2 M AY F LOW E R D R I V E 10 5 C H I L D S ROA D 3 D U M O N T CO U RT 9 H O F F M A N ROA D 185 M A R S H A L L CO R N E R WO O D S D R I V E 7 F I R CO U RT 10 03 K E N N E Y WAY 21 CO P E L A N D ROA D 2 2 RO O S E V E LT AV E N U E 31 AU G U S TA D R I V E 11 WO O D L A N D ROA D 182 0 VA L L E Y AU R E L M O U N TA I N WAY 5 4 S H A DY L AW N D R I V E 131 G L E N A L P I N ROA D 74 T I N TO N AV E N U E 295 C H E S T N U T S T R E E T 61 P O S T K U N H A R DT ROA D H I L L ROA D 3 4 F O R E S T WAY 4 0 8 P E N N S WAY 10 A P P L E WO O D L A N E 5 E D G E H I L L AV E N U E 610 O L D C H E S T E R ROA D 9 9 M A P L E S T R E E T 21 H E R I TA WA L K 11 WA S H I N G TO N CO R N E R ROA D 3 S H E R M A N AV E N U E 10 5 D E A N ROA D 5 LO C K H AV E N CO U RT 6 8 P I P P I N S WAY 9 DA RT M O U T H AV E N U E A S L E Y T E R R AC E 457 M A R M OT C I RC L E 153 R I V E R E D G E D R I V E 2 2 S E N T RY CO U RT 451 S O M E RV I L L E ROA D 9 8 9 0 G R AC K L E LO O P 103 W I C K LOW W WAY 11 G U N T H E R S T R E E T 12 5 CO N S T I T U T I O N WAY 2 2 0 P L E A S A N T H I L L ROA D 24 S T RY K E R CO U RT 3 65 P OTO M AC D R I V E 4 8 L A N DAU ROA D 5 WAY 21 CO U N T RY L A N E 3 P O M E ROY ROA D 2 RO N A ROA D 37 RO S E DA L E AV E N U E 43 A S P E N D R I V E 63 M A P L E AV E N U E 7 2 5 16 0T H S T R E E T 1 S A T R E E T 111 RU N N Y M E D E PA R K WAY 121 C E N T R A L AV E N U E 14 B RO O K F I E L D WAY 28 F I E L DV I E W D R I V E 4 B OX WO O D D R I V E 6 A D D I S O N D R I V E 7 V E N U E 397 RU T H E R F O R D AV E N U E 10 5 C RO S S ROA D 2 2 WO O D L AW N D R I V E 24 FA I RC H I L D AV E N U E 4 V I E W P O I N T T E R R AC E 512 LYO N S ROA D O P ROA D 41 P I N E S T R E E T 455 B U N N ROA D 78 WAY N E B O U L E VA R D 16 AC A D E M Y D R I V E E A S T 276 K I N G S ROA D 4 P E N N A CO U RT 12 0 G O LT R A H A N OV E R AV E N U E 7 G LO U C E S T E R P L AC E 29 03 L I N D S L E Y ROA D 3 0 5 S H O RT H I L L S AV E N U E 19 K E N T WO O D ROA D 4 8 A N G U S L A N E 16 8 M O U N T A N E 95 FA I R M O U N T ROA D E A S T 52 C L E A R M O N T AV E N U E 4 4 0 H O L L A N D ROA D 8 6 0 H A R B O R I S L E 19 S H E RWO O D CO U RT 62 R I D G E DA L E AV E N E R R AC E 11 OA K K N O L L L A N E 3 6 6 WO O D L A N D ROA D 27 RU N N I N G B RO O K ROA D 2 0 H OY T S T R E E T 97 B I RC H WO O D ROA D 2 0 C E DA R CO U RT V E N U E 43 W I N D I N G L A N E 4 6 H O L LOW B RO O K ROA D 65 J A M E S TOW N ROA D 10 C H A R LOT T E H I L L D R I V E 3 K E N S I N G TO N CO U RT 6 6 H A N CO C K I D G E ROA D 26 H I L L TO P ROA D 16 8 F R A N K L I N S T R E E T 82 0 M O U N TA I N WAY 127 I RV I N G P L AC E 16 T ROY ROA D 3 0 G A S TO N AV E N U E 97 WA L N V E N U E 7 YO R K S H I R E CO U RT 27 B E L L E WO O D D R I V E 15 P E AC H T R E E ROA D 1 TOW N S E N D D R I V E 2 F R A N K L I N CO U RT 3332 M O O N R I S E L A N E 14 M O RG A N CO U RT 13 G R E G O RY S T R E E T 4 0 OV E R L E I G H ROA D 11 C R E S T M O N T ROA D 192 W I N D S O R P L AC E 214 B P L E A S A N T H I L L ROA D 61 M A P L E G A L AWAY 2 2 F OX H O L LOW T R A I L 62 C A N F I E L D ROA D 55 S H A DY L AW N D R I V E 65 CO M M O N W E A LT H D R I V E 371 RO L L I N G K N O L L S WAY 39 K E N S O U RT 2 3 6 C H I L D S ROA D 7 O L D C A N N O N ROA D 127 WO O DWA R D L A N E 6 8 L I B E RT Y ROA D 29 0 4 J O H N S O N C I RC L E 51 H I L L S I D E AV E N U E 42 C

THE MARKET What will be the impact of tax reform on our market? Who stands to gain or lose the most? Will I be able to sell my home in 2018? Certainly, these are questions you have asked yourself, your Realtor, or your tax advisor over the last month.

books”. Outlined below, each of the four counties within our market area saw an increase in the number of transactions and median sales price.

Unfortunately, not all communities in our immediate market area contributed to this trend.

While the answers to these questions remain uncertain, what is certain is that the 2017 market is now “in the

For an in-depth review of how your community performed, and for a projection of how the new tax law

Median sales price by county

Please visit klsir.com for details about our upcoming seminar featuring Daniel J. Geltrude CPA, respected accountant and contributor to Fox Business Network.

Median months supply of inventory by county for 2017

7170+72+081+ 80+820+ 7372+7374+064+63+64

HUNTERDON

might impact the marketability and value of your property, please reach out to us for a confidential consultation.

2014

$357,000

2015

$350,000

2016

$360,000

2017

$360,000

MORRIS 4.6 UNION 4 SOMERSET 5.2

MORRIS

2014

$402,500

2015

$405,000

2016

$399,900

2017

$410,000

HUNTERDON 6.4

SOMERSET

2014

$364,500

2015

$360,000

2016

$364,000

2017

Total properties sold by county

5,000

4,000

U S

UNION

$318,000

2015

$316,000

2016 2017

$314,000

$320,000

M

M

M

$370,000

2014

M

6,000

U U U S

S

S

3,000

2,000

1,000

H

2014

H

H

2015

2016

H

2017

H E AT H E R L A N E 111 C H E R RY V I L L E H O L LOW ROA D 5 0 E DWA R D CO U RT 6 LO C U S T S T R E E T 103 TAT U M D R I V E 4 0 M I L L S T R E E T 18 8 M A I N S T R E E T H T E R R AC E 16 WA L S H WAY 4 S TO N E Y H I L L ROA D 8 COAC H N F O U R 815 M O U N TA I N AV E N U E 9 FA I RV I E W AV E N U E 653 T H RU WAY D R I V E 49 W F I N L E Y AV E N U E 37 W E S T OA K S T R E E T 78 A L E X A N D R I A WAY 2 H A L S E Y FA R M ROA D 4 0 C H I L D S WO RT H AV E N U E E X T. 17 B I RC H WO O D ROA D 6 A D 17 D H E R I TAG E D R I V E 6 S TA N F O R D D R I V E 13 G R E G O RY S T R E E T 70 W E S COT T ROA D 124 WA S H I N G TO N S T R E E T 12 3 CO U N T RY S I D E D R I V E 2 5 RT N E R D R I V E 69 9 H AW T H O R N E AV E N U E 7 S TO N E E D G E ROA D 4 4 K N O L LC RO F T ROA D 5G F OX WO O D D R I V E 2 S P E E DW E L L AV E N U E 107 P RO S P O M AC D R I V E 15 H E N N I N G D R I V E 212 OA K R I D G E AV E N U E 3 D E L M A R AV E N U E 4 0 S AG E CO U RT 29 FA I RWO O D ROA D 5 F E R N WO O D CO U RT 33 L D R I V E 27 S H A RO N D R I V E 4 8 0 C H E R RY L A N E 7 A S H L A N D ROA D 7 W E L S H FA R M ROA D 159 E A S T H I G H S T R E E T 16 0 L I T T L E TO N ROA D 181 C L A A I RV I E W AV E N U E 11 B AY B E R RY D R I V E 24 B E L L E G ROV E CO U RT 21 F R E D E R I C K S T R E E T 5 H O RTO N D R I V E 33 0 4 A P P L E TO N WAY 21 N O R M A N C I RC C H I L D S ROA D 4 8 H A RVA R D C I RC L E 11 B RO M L E I G H WAY 110 J O C K E Y H O L LOW ROA D 12 B I S S E L L ROA D 14 Z E E K ROA D 15 A R D S L E I G H D R I V E 1 L A N E 29 OA K P L AC E 3 4 B E N T L E Y CO U RT 26 A N D E R S O N H I L L ROA D 112 E L I A D R I V E 141 T E R R AC E D R I V E 3 4 D E E R F I E L D ROA D 9 PA I N E CO U R E 18 69 M O U N TA I N TO P ROA D 2 2 C A N T E R B U RY L A N E 4 L AU R E L WAY 24 O L D WO O D ROA D 5 0 S U M M I T AV E N U E 8 4 L A K E WO O D D R I V E 16 H O V I L L E ROA D 53 P R I M RO S E T R A I L 41 P O S T K E N N E L ROA D 3 0 S TO M P F TAV E R N ROA D 8 E S O M E R S E T H I L L S CO U RT 2 0 S C H O O L H O U S E L A N E 278 T ROA D 5 N O RT H VO O R H E E S D R I V E 81 H A RT L E Y L A N E 13 S E N E Y D R I V E 29 I N D E P E N D E N C E WAY 4 CO M M E RC E ROA D 513 WA R R E N V I L L E ROA D 427 C A R D I N A L L A N E 3 8 CO U N T RY S I D E D R I V E 12 N O R M A N DY PA R K WAY 17 TA L L M A D G E AV E N U E 10 9 O L D T U R N P I K E ROA D COT TAG E 33 LO N AG E D R I V E 2 2 U N I O N ROA D 126 H I G H L A N D AV E N U E 495 M A I N S T R E E T 1019 B E AC H D R I V E 126 6 S H E R L I N D R I V E 9 8 B U R N H A M ROA D 1 C H AT H 29 S T E V E N S S T R E E T 8 6 W E S COT T ROA D 11 CO L M A RT WAY 2 0 WA S H I N G TO N AV E N U E 21 F E R N DA L E ROA D 24 H A R D I N G ROA D 8 S N E I D E R RO AY 10 8 M I N E B RO O K ROA D 24 W E AV E R D R I V E 117 M O S L E ROA D 2 57 S T I C K L E S P O N D ROA D 27 F R A N K L I N P L AC E 3 4 4 W R E N L A N E 63 E TO N 4 M AG N O L I A D R I V E 13 0 0 C H E S H I R E ROA D 55 M A P L E AV E N U The E 21median S O U T Hsales F I E L Dprice D R I Vacross E 8 TOW N S Esampled N D D R I Vcommunities.

E 126 M AC K E N Z I E L A N E S O U T H 67 K I N all our AVA N N A H CO U RT 12 0 RO U T E 31 17 C E DA R L A N E 39 H U N T E R S C I RC L E 9 8 E M E R S O N ROA D 2 S P O K A N E L A N E 9 B RO O K D R I V E N O RT H 15 F R E D 7 2 WA L N U T C I RC L E 157 S U N VA L L E Y WAY 33 PA R K WAY 47 FA I RV I E W D R I V E S O U T H 6 M A L L A R D L A N E 111 L A K E D R I V E 12 B L E VA D R I V E 2 5 D E 3 8 S P R I N G B RO O K ROA D 85 R I V E R S I D E D R I V E 79 P R I M RO S E T R A I L 10 0 O L D F O RT ROA D 174 M O U N T K E M B L E AV E N U E 19 WA R R E N P L AC E 2 03 A D R I V E 37 W I N S LOW D R I V E 59 H I L L TO P ROA D 10 4 H A D D O N AV E N U E 12 RO S E M O N T AV E N U E 6 C A S T L E D R I V E 2 2 R E D M O N D D R I V E 41 W E S B E T H E L ROA D 2 0 A N D E R S O N H I L L ROA D 24 N O RT H V I E W ROA D 4A B RO O K S I D E H E I G H T S 5 B A B B I T T ROA D 2 31 D I A M O N D V I E W D R I V E 813 M I N U E 3 K A H D E N A ROA D 6 0 WO O D S TO N E ROA D 9 4 A S P E N D R I V E 7 W I N DY M E R E L A N E 5 PAU L I N E P L AC E 155 S U N VA L L E Y WAY 1 B R A N DY W I N 2 3 B E E C H ROA D 8 RO S E M O N T AV E N U E 11 FA R M COT TAG E ROA D 267-269 M A I N S T R E E T 14 O L D A R M Y ROA D 67 A S H L A N D ROA D 10 N O R F O L K D R I V E 8 R I D G E V I E W AV E N U E 8 9 G R E E N AV E N U E 28 VA L L E Y ROA D 12 M A N C H E S T E R CO U RT 2 0 B K E N S I N G TO N ROA D 43 P O S T H O U S E ROA D N U T AV E N U E 119 S C H I N D L E R CO U RT 13 4 M AC K E N Z I E L A N E S O U T H 3 8 R E A D I N G TO N ROA D 39 J A M E S TOW N ROA D 52 2 M O R R I S AV E N U E 571 C E 4 F I E L D S TO N E D R I V E 8 G R E E N WO O D ROA D 27 7 RO O N E Y 1 S T I R L I N G ROA D 1675 S P R I N G F I E L D AV E N U E 39 WO O D L A N D ROA D 81 G R E E N AV E N E AV E N U E 2 0 D E AU V I L L E D R I V E 4 S T E V E N S ROA D 103 S E N E Y D R I V E 28 R I D G E S T R E E T 47 WA S H I N G TO N AV E N U E 10 62 S U N N Y V I E W ROA D 17 S I N G TO N ROA D 74 W E N D OV E R CO U RT 9 L I N D S AY ROA D 5 CO RY L A N E 29 CO LU M B I A ROA D 33 0 M E N D H A M ROA D 4 L E E AV E N U E 9 F R I A R T U CO LT ROA D 1035 C H A M B E R S CO U RT 115 4 D E L AWA R E D R I V E 1 S A I N T J O H N S D R I V E 3 69 G R E E N V I L L AG E ROA D 7 M O RG A N CO U RT 9 4 E M I LY RO

99+10021+ 8+ 3+ 2+ 2483

2463

W H AT SO LD I N O U R CO M M U N ITI ES

$573,500

U P TO $ 49 9 K

*

521

$ 50 0 K $999K

$1M $1.49 M

199

$1. 5M $1.9 9 M

71

55

$2 M $2 .49 M

OV E R $2 . 5M

Properties marketed below $1 million MEDIAN SALES PRICE

2016

SOLD PROPERTIES

Properties marketed above $1 million

AVG DAYS ON MARKET¹

LIST/SALE PRICE RATIO¹

SOLD PROPERTIES

AVG DAYS ON MARKET¹

LIST/SALE PRICE RATIO¹

2017

2016

2017

2016

2017

2016

2017

2016

2017

2016

2017

2016

2017

Bedminster

$350,000



$350,000

203

196

54

50

97.9%

98%

1

7

253

240

93%

85%

Berkeley Heights

$558,000



$567,000

147

184

54

62

98%

98%

15

9

82

55

96.1%

95%

Bernards Township

$596,000



$580,000

365

354

56

53

97.8%

98%

76

71

76

84

95.8%

96%

Bernardsville

$600,000



$740,000

91

79

73

76

96.5%

97%

25

30

176

159

88.4%

91%

Branchburg

$429,000



$438,950

210

203

61

61

97.2%

98%

10

1

87

37

100%

98%

Bridgewater

$415,000



$436,000

541

571

59

55

98.8%

98%

12

16

102

60

91.3%

95%

Califon

$295,000



$318,250

23

18

101

80

96.5%

98%

—

—

—

—

—

—

Chatham Borough

$762,000



$775,750

102

97

49

41

99.8%

99%

33

39

45

41

97.7%

99%

Chatham Township

$900,000



$948,375

88

98

43

51

98.4%

98%

71

86

60

74

97.4%

97%

Chester Borough

$487,500



$505,000

30

22

79

94

95.6%

96%

—

1

—

13

—

100%

Chester Township

$625,000



$670,000

115

107

102

103

96%

96%

21

24

119

84

94.6%

96%

Clinton Town

$335,000



$312,500

42

34

66

86

97.2%

97%

—

—

—

—

—

—

Clinton Township

$399,900



$386,500

168

213

78

65

96.9%

98%

3

1

132

205

92.8%

93%

Far Hills

$840,000



$508,500

9

6

81

35

96.8%

97%

4

—

198

—

96%

—

Florham Park

$620,000



$642,500

94

72

47

57

97.9%

98%

22

16

97

74

98.2%

96%

Harding / New Vernon

$945,000



$1,162,500

28

18

46

92

95.5%

97%

26

38

154

95

90.5%

94%

Lebanon Township

$339,000



$357,500

75

72

105

79

96.2%

96%

—

1

—

322

—

105%

Long Hill Township

$520,000



$502,450

92

108

54

74

97.2%

98%

1

3

143

87

89%

92%

Long Valley

$409,000



$443,000

237

261

91

82

97.3%

98%

1

4

175

23

68%

93%

Madison

$715,000



$697,500

137

109

53

47

98.4%

99%

58

40

54

58

97%

96%

Mendham Borough

$645,000



$637,000

42

66

72

74

97.5%

97%

12

15

88

48

93.4%

95%

Mendham Township

$805,000



$850,000

51

65

100

61

96.6%

98%

27

36

123

127

94%

95%

Millburn / Short Hills

$1,225,000



$1,217,500

111

121

39

42

99.8%

102%

189

199

52

48

97.8%

98%

Morris Plains

$435,000



$455,000

83

87

48

45

98.7%

98%

—

—

—

—

—

—

Morris Township

$577,000



$557,500

351

327

54

48

98.2%

98%

17

27

71

70

92.8%

96%

Morristown

$410,000



$405,000

160

178

55

49

97.8%

98%

9

5

71

99

96.8%

95%

New Providence

$567,000



$586,250

154

155

43

48

99%

99%

6

9

46

24

96.2%

98%

Peapack-Gladstone

$665,000



$740,000

25

26

75

64

96.4%

97%

4

5

50

68

94.6%

91%

Randolph

$514,000



$500,000

353

386

59

57

98.1%

99%

4

3

96

105

95.1%

90%

Readington

$395,000



$385,000

217

212

85

68

97.3%

101%

1

1

15

64

95.3%

95%

Summit

$805,000



$930,000

199

160

43

37

99.2%

100%

117

135

47

53

98.2%

97%

Tewksbury

$588,000



$638,750

70

83

116

114

95.5%

97%

12

21

150

96

89.9%

95%

Warren (Somerset County)

$785,500



$770,000

126

156

70

70

96.6%

97%

56

39

112

99

94%

95%

Watchung

$668,000



$650,837

63

65

75

68

96.4%

97%

12

16

114

159

92.3%

93%

Based on data available from the Garden State Multiple Listing Service. Year-over-year comparisons analyzed January 1 through December 31 of each year. ¹Average days on market and sales price ratios calculated from records marked “sold”—some properties may have been previously marketed. Actual days on market and sales price ratios may differ.

UPCOMING AUCTIONS ARIZONA 18-19 JAN PARIS 7 FEB AMELIA ISLAND 10 MARCH FORT LAUDERDALE 6-7 APRIL AUBURN SPRING 10-12 MAY MONACO 12 MAY CALIFORNIA LATE JUNE MONTEREY 24-25 AUG AUBURN FALL 30 AUG - 2 SEPT HERSHEY 11-12 OCT LONDON LATE OCTOBER

INQUIRIES: 1 800 211 4371