44 Cottage Place, Gillette, NJ - Great new price - offered at $649,999

Move right in to this spacious 4 bedroom, 2 1/2 bath home located in the Gillette section of Long Hill Township. Nestled on over 1/2 an acre of wooded property this home offers an updated, eat-in-kitchen with stainless steel appliances. Large rooms with beautiful hardwood floors throughout (1st floor recently refinished). Family room with wood-burning fireplace and a partially finished basement great for exercise/recreation room. Exterior freshly painted! Close to NYC trains.

For more information feel free to contact me or visit my website @ www.longhilltownshiphomes.com

Long Hill Township Market Update - May 2009

May 2009

New Listings - 18

Under Contract - 6

Closed Sales - 6

As of May 31, 2009 there are 58 active listings on the market. We are still seeing the majority of sales in the $500,000 or below price range due to the first time home buyers taking advantage of the current incentives and low interest rates.

For more information and to search all listings in Long Hill Township, visit my web-site @ www.longhilltownshiphomes.com.

LONG HILL TOWNSHIP MARKET UPDATE - APRIL 2009

April 2009

New Listings – 8

Under Contract – 10

Closed Sales – 1

In April we saw fewer new listings come on the market but more homes going under contract. The list price of the homes which went under contract range from $330,000 to $1,395,000. It is good news to finally see some higher priced homes go under contract. The only home that closed in April was 144 King Drive in Gillette and it sold for $370,000. Active inventory as of April 31 is 54.

To search homes for sale in Long Hill Township visit my website @ www.longhilltownshiphomes.com

OPEN HOUSE SUNDAY APRIL 19, 2009 1-4PM

Move right in to this spacious 4 bedroom, 2 1/2 bath home located in the Gillette section of Long Hill Township. Nestled on over 1/2 an acre of wooded property this home offers an updated, eat-in-kitchen with stainless steel appliances. Beautiful hardwood floors throughout (1st floor recently refinished). Family room with wood-burning fireplace and a partially finished basement great for exercise/recreation room. Exterior freshly painted! Close to NYC trains.

For more information, or to request a showing, please feel free to contact me @ (908) 432-5721 or visit my website @ www.longhilltownshiphomes.com.

GREAT NEW PRICE!!!

Move right in to this spacious 4 bedroom, 2 1/2 bath home located in the Gillette section of Long Hill Township. Nestled on over 1/2 an acre of wooded property this home offers an updated, eat-in-kitchen with stainless steel appliances. Beautiful hardwood floors throughout (1st floor recently refinished). Family room with wood-burning fireplace and a partially finished basement great for exercise/recreation room. Exterior freshly painted! Close to NYC trains.

For more information, or to request a showing, please feel free to contact me @ (908) 432-5721 or visit my website @ www.longhilltownshiphomes.com.

LONG HILL TOWNSHIP MARKET UPDATE - MARCH 2009

The following are the numbers for real estate in Long Hill Township for the month of March 2009:

March 2009

New Listings - 20

Under Contract - 5

Closed Sales - 3

Inventory is definitely picking up for the Spring market. Active inventory in Long Hill Township is currently at 63. Out of the 5 homes which went under contract in March, 2 were over $500,000. One of those homes was on Laura Drive. It was only on the market for 11 days before it went under contract. This home was priced nearly $90,000 less than the last sale on Laura Drive, which was in September 2008. 211 Sherwood Lane went under contract in March and also sold in March after 138 days on the market.

To search all active properties in Long Hill Township visit my website at www.longhilltownshiphomes.com. Please do not hesitate to contact me with any questions.

Dianne Sommers

Realtor Associate

Long Hill Township Market Update

I want to take this time to compare December 2008 numbers to January 2009 numbers...

December 2008

New Listings - 5

Under Contract - 2

Closed Sales - 6

Out of the 6 closed sales, 5 were under $500,000. One of the under contract listings went under contract and sold in the month of December. It sold for under $500,000. The other under contract listing was listed for $525,000.

January 2009

New Listings - 10

Under Contract - 6

Closed Sales - 0

There were NO closed sales in the month of January. Out of the 6 under contract listings, all 6 were under $500,000.

It will be interesting to see what Long Hill Township's spring market will bring. Apparently the buyers are staying at the $500,000 mark or below. We currently have 46 listings ranging from $300,000 to $1,525,000. I'm sure the higher end homeowners would like to see their listings move. Hopefully the higher end buyers will come out for the "spring thaw."

To search all active listings in Long Hill Township visit my website @ www.longhilltownshiphomes.com.