Friday, August 17, 2007

Long Hill Township New Jersey Real Estate Market Update

Long Hill Township is located at the very southern tip of Morris County, NJ and is surrounded by Union and Somerset counties. Quite often people have not heard of Long Hill Township but they have heard of one or more of the communities which make up Long Hill Township which are Gillette, Stirling, Millington and the Hamlet of Meyersville.
Long Hill Township is a rural, low density community with a population of around 8,000. We have a blue ribbon school system and low crime.
There is a train station located in Gillette, Stirling and Millington (mid-town direct) making this township favorable for commuters in to NYC!
So all you Realtors out there that are searching for homes for your customers that need to be close to a NYC train line….add Long Hill Township to your search…your customers won’t be disappointed!

In the month of July 2007 the following occurred along the mid-town direct train line in New Jersey:

Long Hill Township

New Listings - 7

Under Contract Listings - 4

Sold – 8

Average sales price - $530,000

Berkeley Heights

New Listings – 12

Under Contract Listings - 10

Sold – 12

Average sales price - $652,000

New Providence

New Listings - 11

Under Contract Listings - 12

Sold – 10

Average sales price - $706,000

Summit

New Listings - 21

Under Contract Listings - 17

Sold – 22

Average sales price - $1,369,000

Prepared By:

Dianne Sommers

RE/MAX Classic Group


Serving Long Hill Township (Millington, Stirling, Gillette, Meyersville), Berkeley Heights, New Providence, Summit & surrounding areas.