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Old 12-04-2007, 07:12 PM
 
3 posts, read 11,152 times
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OK - I need some advice that maybe only insiders know.

I have been looking for either a single family home or a townhome with the following requirements: basement, 1 or 2 car garage, 3 bedroom, 2 baths, between $300 - $425k, close to Route 287 and built post 1950s so the rooms are of reasonable size. I have found some matches in Bridgewater township and some in Morris Plains, but every town in between off 287 (e.g. Bedminster, Bernardsville, Basking Ridge, Pluckemin, Bernards, etc) either doesn't have homes/townhomes in that price range OR the majority of the homes are significantly older - which is nice but usually smaller rooms.

Is there some unwritten rule that between exits 21 to 35 on Route 287 home prices need to hover around $500k for a starter home? Am I missing some secret housing development at any of those exits that meets my needs or am I just dreaming?

Thanks in advance for any suggestions.
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Old 12-05-2007, 09:23 AM
 
Location: 32°19'03.7"N 106°43'55.9"W
8,290 posts, read 18,224,873 times
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Other than the 'Hollow' section of Morristown, I can't think of another neighborhood where your expectations might be met, between exits 21-35. That region is host to some of the most expensive real estate east of the Mississippi River.
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Old 12-05-2007, 10:55 AM
 
Location: Bergen County, NJ
27 posts, read 100,679 times
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There's a 3 bedroom town home in Wanaque...right on ringwood ave about a 1 mile off 287...

Look at that town..taxes are a little high...but great school system..nice people...

Now...keep out of Haskell...it's an unincorporated town that's part of the boro. It's a very depressed town.
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Old 12-05-2007, 11:26 AM
 
Location: OH->FL->NJ
13,432 posts, read 9,717,307 times
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LOL @ 425K being "affordable". NJ sure changes ones perceptions.
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Old 12-05-2007, 12:00 PM
 
Location: NJ
12,284 posts, read 33,056,431 times
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that portion of the 287 corridor is extremely expensive, home to CEO's, celebs, old money. throw into the mix very very good schools and you've got the makings of an elite area.

the only place off the top of my head that *may* fit your description is a townhome in The Hills in Bedminster. You may be lucky and snag a townhouse in your price range, but I don't think they have basements.
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Old 12-05-2007, 12:52 PM
 
Location: Atlantic Highlands NJ/Ponte Vedra FL/NYC
2,689 posts, read 3,312,366 times
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Quote:
Originally Posted by tahiti View Post
that portion of the 287 corridor is extremely expensive, home to CEO's, celebs, old money. throw into the mix very very good schools and you've got the makings of an elite area.

the only place off the top of my head that *may* fit your description is a townhome in The Hills in Bedminster. You may be lucky and snag a townhouse in your price range, but I don't think they have basements.
Bridgwater and if you go a few south miles towards piscataway there are many places where he may be able to find what he's in search of.
The towns he's mentioned are mostly affluent and out of reach for him, but if he looks hard there might be a small home or 2 that might be in his price range.
He should find the local MLS web site and search there
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Old 12-05-2007, 01:16 PM
 
Location: Rockaway, NJ
109 posts, read 313,247 times
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Quote:
Originally Posted by ottomobeale View Post
LOL @ 425K being "affordable". NJ sure changes ones perceptions.
I know, right?
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Old 12-05-2007, 01:54 PM
 
Location: NJ
12,284 posts, read 33,056,431 times
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Quote:
Originally Posted by apvbguy View Post
Bridgwater and if you go a few south miles towards piscataway there are many places where he may be able to find what he's in search of.
The towns he's mentioned are mostly affluent and out of reach for him, but if he looks hard there might be a small home or 2 that might be in his price range.
He should find the local MLS web site and search there
i was answering the question within the parameters given. piscataway doesn't fit those parameters.
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Old 12-05-2007, 02:01 PM
 
Location: Martinsville, NJ
6,162 posts, read 11,861,981 times
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Quote:
Originally Posted by apvbguy View Post
Bridgwater and if you go a few south miles towards piscataway there are many places where he may be able to find what he's in search of.
The towns he's mentioned are mostly affluent and out of reach for him, but if he looks hard there might be a small home or 2 that might be in his price range.
He should find the local MLS web site and search there
His post sounded like he had a source and did some searching already. Being rather familiar withthe area, I knew his assesment was pretty accurate. I ran the search in the GSMLS, and yep, it's fairly dead on right. Bridgewater has a nice selection, but Bernards, Bedminster and Bernardsville are all pretty much out of that price range for the type of property he described.
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Old 12-05-2007, 03:45 PM
 
45 posts, read 144,334 times
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good luck in nj ...what u are looking for will cost much more than that since sellers are still in denial and hope u spend most of your salary on your mortgage ....
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