Jamie Silverman-Livingston - March 2022

JAMIE SILVERMAN Sales Associate

Office: 973-994-4323 Cell: 973-632-9913

23 Audubon Court Short Hills, NJ 07078 Efax: 862-345-1572 Ext: 4481

jamie.silverman@cbmoves.com www.JamieSilverman.com www.LuxuryLivingstonHomes.com

Follow me on: Everything I Touch Turns to SOLD!

THE #1 REAL ESTATE AGENT IN LIVINGSTON LUXURY FOR TWO STRAIGHT YEARS 2020 & 2021*

L UXURY L I VI N G S T O N R EAL EST AT E MAR KET RE P O R T MARCH 2022 MULTIPLE OFFERS IN JU ST ONE WEEK!

*As per GSMLS 1/1/2020 – 12/31/2021 for homes sold between $1.5 Million and $2.5 Million.

PENDING IN ONE WEEK WITH MULTIPLE OFFERS!

71 Lafayette Dri See back for mor e

PRESENTED BY JAMIE, YOUR LUXURY LISTING SPECIALIST

BEAUTIFUL CUSTOM COLONIAL 71 LAFAYETTE DRIVE | OFFERED AT $2,095,000 6 beds | 6.5 baths | 5,500 sq.ft. | 0.6-acre lot

PREPARED ESPECIALLY FOR JONATHAN-THOMAS AND ANGELA-MARIE WASHINGTON

Presented by JAMIE SILVERMAN YOUR LIVINGSTON REAL ESTATE SPECIALIST & NEIGHBOR

The #1 Real Estate Agent in Livingston Luxury for Two Straight Years 2020 & 2021* Selling 1 out of 3 homes from $1.5 to $2 million! *As per GSMLS 1/1/2020 – 12/31/2021 for homes sold between $1.5 Million and $2.5 Million.

ED NOW LICENSA IN FLORID Look for me in Boca Raton and Delray!

Jonathan-Thomas and Angela-Marie, This property generated a high level of interest, and I know a number of buyers who might be interested in your home. If you have any interest in selling your home, I would love to meet and talk with you about what your home may sell for. Call me at 973-632-9913.

WWW.LUXURYLIVINGSTONHOMES.COM

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JAMIE SILVERMAN Sales Associate

WHY RIGHT NOW IS A ONCE-INA-LIFETIME OPPORTUNITY FOR SELLERS

Office: 973-994-4323 Cell: 973-632-9913 jamie.silverman@cbmoves.com www.JamieSilverman.com www.LuxuryLivingstonHomes.com

Everything I Touch Turns to SOLD!

Follow me on:

LUXU RY L I V I NG S TO N CU R R E N T M A RK E T A C TIV ITY

SCAN CODE FOR FULL ARTICLE

LUXURY HOMES CURRENTLY LISTED IN LIVINGSTON Status Active Active Active

Street Name Bushkill Drive Lafayette Drive Force Hill Road

Beds 5 6 5

Baths 7.3 6.1 4.1

Year Built 1967 2012 2022

Lot Size 190 x 230 0.601 Acres 0.743 Acres

If you’re thinking about selling your house in 2022, you truly have a once-in-a-lifetime opportunity at your fingertips. When selling anything, you always hope for strong demand for the item coupled with a limited supply. That maximizes your leverage when you’re negotiating the sale. Home sellers are in that exact situation right now! Here’s why.

Demand Is Very Strong • 6.18 million homes were sold in 2021, the largest number of home sales in 15 years.

• Sales for the entire year finished strong, reaching the highest annual level since 2006. With mortgage rates expected to rise in 2022, it’s likely that a portion of December buyers were intent on avoiding the rate increases.

• Demand isn’t expected to weaken this year, either. Existing home sales are expected to reach 6.4 million homes this year.

Supply Is Very Limited List Price $1,499,000 $2,095,000 $2,720,000

• Inventory typically decreases every year in December. However, the supply of inventory this past December was lower than any other December going all the way back to 1999.

• Total housing inventory at the end of December was down 18% from November and down 14.2% from one year ago.

LUXURY HOMES CURRENTLY PENDING IN LIVINGSTON

There are NO Luxury Livingston Homes Currently Pending Please call 973-632-9913 to take advantage of the seller’s market and list your home for sale today.

LUXURY HOMES RECENTLY SOLD IN LIVINGSTON Status Sold Sold Sold Sold Sold Sold Sold Sold Sold Sold

Address 87 Force Hill Road 14 Lafayette Drive 3 Windermere Court 20 Forest Street 31 Vanderbilt Drive 84 Force Hill Road 11 Notch Hill Drive 4 Tulane Drive 27 Overlook Road 42 Overlook Road

Beds Baths Year Built 6 4.1 2022 5 5.1 2007 6 5.2 1992 6 5.1 2021 4 3.1 1984 5 5.1 2021 5 5.2 2003 5 5.3 2008 6 6.1 2008 7 8.1 2007

Lot Size 0.875 Acres 0.673 Acres 136 x 268 80 x 300 154 x 240 0.694 Acres 145 x 278 140 x 242 0.653 Acres 0.580 Acres

Sold Price $2,000,000 $1,850,000 $2,100,000 $1,850,000 $1,375,000 $2,169,000 $2,550,000 $2,717,000 $1,980,888 $2,200,000

Sold Date 01/18/22 12/22/21 12/15/21 12/08/21 12/07/21 11/18/21 10/29/21 09/01/21 08/30/21 08/27/21

SP/LP 100.5% 94.9% 85.7% 92.5% 114.7% 98.6% 92.7% 95.3% 94.4% 96.1%

Jamie Silverman and Coldwell Banker are in no way affiliated with Livingston Home Owners Association, nor is this in any way an official advertisement or publication of Livingston. © 2022 Coldwell Banker All rights reserved. This representation is based on sales and data reported by multiple brokers/agents to the Garden State MLS (GSMLS) as of January 31st, 2022. Listings and sales may not be those of Coldwell Banker. GSMLS does not guarantee the accuracy of this data, which may not reflect all of the real estate activity in the area. E&OE covered. This market report is not intended to solicit properties already listed for sale nor intended to cause a breach of an existing agency relationship.

Jonathan-Thomas and Angela-Marie, If you’re thinking of selling your house this year, now is the optimal time to list it. Call me today at 973-632-9913 to discuss how you can put your house on the market today.

• Unsold inventory sits at a 1.8-month supply at the present sales pace, down from 2.1 months in November and from 1.9 months in December 2020.

Right Now, Sellers Have Maximum Leverage When there’s strong demand for an item and a limited supply of it available, the seller has maximum leverage in the negotiation.

In the case of homeowners who are thinking about selling, there may never be a better time than right now. While demand is this high and inventory is this low, you’ll have leverage in all aspects of the sale of your house.

JAMIE SILVERMAN NOW LICENSED IN FLORIDA Looking to move or sell your home in Boca Raton or Delray? Contact me!

973-632-9913

jamie.silverman@cbmoves.com

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