Guide Me Home to North Jersey - Home

Enchanting "Deerhurst"

2012-04-26T17:24:14Z

Another beautiful property just came on the market in Peapack/Gladstone. The extraordinary setting for this custom stone and stucco beauty is reminiscent of a European villa. You enter the 4.2± private acres through stone pillars, drive past two ponds with waterfalls and enter into a gated circular courtyard enclosed within a concrete wall embellished with lush trees, flowering plants and shrubbery.

The 12 rooms are spacious and bright with floor-to-ceiling Palladian windows that overlook the tranquil and bucolic private surroundings. The ceilings are high with varying architectural styles. The foyer and parlor have multi-faceted dome ceilings. The 14ft+ceiling in the formal dining room make this gathering place very special. The glistening marble floors and the shiny holly and oak floors add to this lovely ambiance. The Great Room is located in the lower level of this wonderful home which is actually above ground. An office, full bath, full wall stone fireplace, spiral staircase and French doors to the amazing stone patio are amenities in the spacious area.

There are two decks that are accessed from the parlor, living room and kitchen, with access from the patio by a spiral staircase. The beautiful swimming pool, with its own waterfall, is heated by solar panels. “Deerhurst” is truly enchanting and is a property that should not be missed.

Call Bella for details and a brochure at 908-930-8495.

Posted by: Bella Wilgus

Traditional Splendor

2012-01-18T23:10:00Z

Somerset, Morris and Hunterdon counties provide very desirable neighborhoods, with easy access to New York City, beautiful landscapes and excellent school systems. Today, I would like to concentrate on a property in Mendham Twp., an area known for its many estate areas. This particular 5.2± acre estate is so lovely and enchanting that when you approach from the circular driveway, winding through mature trees and flowering shrubs, you feel that you have arrived in a story book setting. This custom home provides 6956± sq. ft. of comfortable living space. Warmth and “Traditional Splendor” are emitted from the13 rooms that welcome you to call it your home. Set within nature’s best, you can move right into this home due to the beautiful updating that was completed in 2011. There are first and second floor family rooms, second floor billiard room, five fireplaces, five bedrooms, five baths and new, oversized picture windows that invite the wonder of this story book setting into the home.

Please contact Bella for further information and details about this lovely estate home and property. 908/930-8495.

Posted by: Bella Wilgus

Beautiful Colonial in Randolph

2011-05-17T14:34:00Z

Another beautiful town that I service in Morris County is Randolph Township, which is about 21 square miles. It is part of the New Jersey Highlands region, characterized by flat top ridges and alternating deep valleys. From certain elevated parts of Randolph you can see the Manhattan skyline. Randolph was originally settled by the Lenni Lenape Indians because of its rich soil and abundant natural beauty. The European colonists and Quakers soon became its inhabitants. The first iron mine of New Jersey was registered in 1713 in Randolph, discovered by the Quakers. The Randolph mines supplied the soldiers in the Revolutionary war. During George Washington’s winter in Jockey Hollow, supplies were procured from the mines of Randolph. During the 1930’s and 1940’s Randolph became a vacation spot for New Yorkers looking for a place with natural beauty, clean air and clean water. Many summer camps, hotels and bungalow colonies were built.

A beautiful Colonial on 1.03± level, picturesque acres has just come on the market in Randolph. This home exemplifies the town motto, “Where life is worth living.” This lovely, ready to move-in Colonial is the perfect home for buyers who want a pretty setting, safe community, good schools and easy commute to New York City. The rooms are spacious and glisten with beautiful refurbished hardwood floors, new Pella windows in several rooms and three skylights that brighten and warm every space in the home. The foyer opens to a unique second floor hallway with a vaulted ceiling and skylight. The family room is absolutely lovely and conveniently located, opening to the breakfast area and kitchen. You will adore the arched windows and two sets of French doors dressed with custom Hunter Douglas shades.

This home in Randolph is very warm and inviting and will make “Life worth Living.” Please call me for more details 908-930-8495.

Posted by: Bella Wilgus

Hidden Manor, The Gem of Peapack/Gladstone

2011-05-09T13:34:00Z

My previous blogs about Peapack-Gladstone have revealed that these twin boroughs in Somerset County are an ideal place to reside. My family and I have enjoyed this lovely, quiet community for almost 33 years. P-G boasts an easy commute to New York City and yet it is rural enough to enable residents to enjoy a quiet, peaceful life amidst nature.

This blog is about a spectacular home and property that just came on the market, Hidden Manor. It is a majestic French Country Manor completed in 2009, located on over 11.84 private, level, farmland accessed, wooded and open acres. Many people have goals that they never achieve, but this supreme estate home was the dream and brainchild of its owner and her goal was accomplished. She spent two years designing it and three years in construction with creativity, dedication, and exquisite taste resulting in this gem of Peapack/Gladstone.

All the charm and elegance of a bygone era is represented in this magnificent Manor. It reveals the love and care it took to design and build. The elegance becomes obvious in the craftsmanship, intricate detailing and beauty. The stone and stucco exterior with detailed wood shingle and copper roof is stunning. The highest quality materials are incorporated in every detail inside and out of this 16-room home. The ceiling heights are a minimum of 12 feet with six foot wide arched hallways and every wall in the home features curved corners. There is even an Orvis family room which captures the outdoor spirit. The gourmet kitchen, breakfast room and two butler’s pantries incorporate the highest quality appliances. These include two Gaggenau ovens and a Lacanache gas stove. Circular stairs ascend from the foyer to five spacious bedroom suites each with lavish baths.

If you wish to have more details about this French Country Manor in Peapack/Gladstone please call me at 908/930-8495. Showings must be preceded by a 24-hour appointment.

Posted by: Bella Wilgus

Harding Township, NJ Summer Camp, 2011

2011-03-30T12:48:13Z

A year ago, I wrote a blog about the Harding Township summer camp. As I sit here on this cold, snowy March day, it is a pleasant thought to be thinking about the summer! The kids will be out of school and parents will want to keep them entertained and busy for those long, hot weeks! If you live in or around Harding Township, consider this great suggestion–Harding Township Day Camp, which is conveniently located at the Harding School in New Vernon.

The camp runs for four weeks from June 27th to July 22nd from 9-3pm, and you can sign your child up for all four weeks or for one-week intervals. This will give you plenty of time to take that August vacation and also start back-to-school shopping, doctor’s appointments, etc.

Children ages 3-12 are eligible to enroll. The Polliwog program is available for 3-4 year- olds which runs from 9am to 12pm or an extended program which runs from 9am to 3pm.

There are lots of available activities, including, but not limited to, sports, computers, drama, arts and crafts, and drama productions. Swimming lessons and science classes may be taken at a nominal additional cost. This year, campers will bring their own lunch and mid-morning snack, except on special days when it will be provided.

For more information and registration forms, check out their website link above.

Posted by: Mary Jane Benedetto

Art in Bloom in Harding Township, NJ

2011-03-30T10:54:57Z

The bi-annual Art in Bloom event will be held on May 6 and 7 at Christ the King Church in New Vernon, Harding Township. Proceeds from this art show benefit the Kemmerer Library.

Come and enjoy the Preview Party on Friday night from 6 to 9pm. Saturday will feature additional opportunities to purchase art and bid on silent auction items from 10 to 2pm.

Volunteers are being sought to help run the event as well as artists who would like to participate. It’s anticipated there will be over 60 artists this year! You can also donate silent auction items or place an ad by clicking on the above link.

Have great time!

Posted by: Mary Jane Benedetto

Interest Rates and Home Prices- Spring 2011 Update

2011-02-14T16:11:14Z

Last year at this time I wrote a blog about interest rates and home prices and the effect on monthly payments. At that time, it was projected that interest rates would rise. That projection appears to be taking hold. According to Freddie Mac’s website, the Weekly Primary Mortgage Market Survey indicates that interest rates for February 10, 2011 are now at 5.05%! The following chart is from the Wall Street Journal February 10, 2011.

It’s time to revisit this subject.

Home prices have not risen and may fall further, so the buyer who feels that waiting was a wise financial decision may want to rethink the decision to buy (or not to buy). Why? The key issue when buying a home for most people is how much it will cost them on a monthly basis. Home prices are not projected to rise until mid-2011 (according to Macro Market Home Price Expectations Survey 12/20/2010). But the rise in interest rates will negate the good news for buyers, not sellers, about stagnant prices this spring. Recently the Wall Street Journal said, “If prices come down another 10% but interest rates increase by 1 percentage point, that would mean the same monthly payment today vs. waiting.”

There is a definite relationship between mortgage rates and home price fluctuations. For every point the mortgage rates increase, the value of the house you can buy is reduced 10% if the buyer wants to stick with a predetermined monthly payment. According to Keeping Current Matters, the difference in monthly payments on a $360,000 loan with a 5.0% interest rate ($1932) vs. a 6.0% interest rate ($2158) is $226.00. That works out to an annual difference of $2712! For the full term of the 30 year mortgage, that’s $81,360 more. If you only want to spend $1932 per month that means that you must reduce the value of the home you are buying by 10%.

As with all future financial trends, no one can accurately predict what will happen over the next 6-12 months. However, based on trends as noted above, it would certainly make sense to take a long, hard look at buying now while the monthly financial outlay remains low.

Posted by: Mary Jane Benedetto

The 12 "Gifts" of Harding Township, NJ #12--Community Spirit

2010-12-27T13:51:18Z

Embracing the spirit of the season, I want to share with you all the wonderful gifts of Harding Township, NJ. Look for one gift every day!

The 12th gift is Harding’s Community Spirit. There is much to bring its residents together year round.

Many residents start their day at the New Vernon post office. Not only do you say hello to everyone getting and sending mail or packages, there is always a need to catch up with those wonderful USPS men and women behind the counter!

Then it’s off to school at Harding Township School–parents can meet at sports, the school play, or in the carpool. If you don’t have lower or middle school kids, there is always membership in one of the four houses of worship, volunteering at the library, or participation in one of the preservation or environmental groups.

The Harding Township Volunteer Fire Department hosts a myriad of events all year long. The summer kickoff steak and lobster event has been in existence since 1921. Meet your neighbors as well as the great volunteers who serve us. The annual auction of used and unwanted furniture, lawn equipment, etc. brings families together for fun and interesting purchases.

Now that you’ve received Harding’s 12 gifts, it’s easy to see why Harding is such a special place. If you are thinking of moving to Harding, give me a call and I’ll show you the rest of Harding’s gifts - beautiful homes and land waiting for new owners!

Posted by: Mary Jane Benedetto

The 12 "Gifts" of Harding Township, NJ #10-Harding's Annual Santa Visit

2010-12-27T13:11:02Z

Embracing the spirit of the season, I want to share with you all the wonderful gifts of Harding Township, NJ. Look for one gift everyday!

The 10th gift is Harding’s annual Santa visit. Each year the New Vernon Volunteer Fire Department sends out a letter to the residents notifying the date of Santa’s visit to the children of New Vernon. Parents must fill out the card requesting a visit and indicating where they live. The fire department then follows the routes indicated and hands out small gifts! All have such fun and great memories to cherish from year to year.

The 11th “gift” will be Harding’s Jockey Hollow. Open it up next!

PS- Don’t forget to read my other blogs below that may have more extensive information.

Posted by: Mary Jane Benedetto

The 12 "Gifts" of Harding Township, NJ #11-Harding and Jockey Hollow

2010-12-27T13:02:16Z

Embracing the spirit of the season, I want to share with you all the wonderful gifts of Harding Township, NJ. Look for one gift every day!

The 11th gift is Jockey Hollow. Several months ago, I wrote a short blog about the park concentrating on its history. As noted in the earlier “gift” blogs, the area of Harding Township and its surroundings are filled with history.

But the park is also a changing, current place. Some of the events taking place this December are as follows: Visitors can see the Continental Army reliving their time in the huts, courtesy of the 2nd NJ Helms’ Company. As it was one of the coldest winters on record back in 1779-1780. Mother Nature has been cooperating for the exhibit this year with cold conditions! Also in keeping with fighting the elements, visitors can see exhibits about how families kept themselves warm and clothed. And finally, listen to storytellers entertain you with stories that the soldiers and families might have listened to while enduring the brutal winter.

The 12th “gift” will be Community Spirit. Open it up next!

PS- Don’t forget to read my other blogs below that may have more extensive information.

Posted by: Mary Jane Benedetto

The 12 "Gifts" of Harding Township, NJ #9--Harding's Low Taxes

2010-12-27T11:57:00Z

Embracing the spirit of the season, I want to share with you all the wonderful gifts of Harding Township, NJ. Look for one gift every day!

The 9th gift is Harding’s low taxes. This is particularly important when considering the cost of the house you want to purchase (as differentiated from the price of the house). Harding rates are 1.031 per $100 valuation. Compare this to similar surrounding areas such as Mendham Borough at 1.899, Mendham Township at 1.887, Bernards Township at 1.676 (2009). This translates to $5,155 per year on a $500,000 home in Harding vs. $9,495 per year in Mendham Borough.

A large portion of a municipality’s tax burden can be found in the cost of high schools. Harding does not have its own high school and uses nearby Madison High School for its students. This relieves its residents of huge maintenance, building, and educational fees.

Tax rates for all of NJ (2009) can be found by clicking here.

The 10th “gift” will be Harding’s annual Santa visit. Open it up next!

PS- Don’t forget to read my other blogs below that may have more extensive information.

Posted by: Mary Jane Benedetto

The 12 "Gifts" of Harding Township, NJ #8-Harding's Proximity to NYC

2010-12-27T11:32:00Z

Embracing the spirit of the season, I want to share with you all the wonderful gifts of Harding Township, NJ. Look for one gift every day!

The 8th gift is Harding’s proximity to NYC. For any urban family, making the move to rural New Jersey comes with some lifestyle changes. One of the biggest is the commute to NYC. Part of Harding’s huge appeal is that it offers the closest country living to NYC without sacrificing acreage or beauty.

By train, residents can use the Morristown, Convent Station, Basking Ridge or Lyons train station, depending on which side of Harding they live. The NJ Transit Mid-town Direct goes to Penn Station and the train time ranges from 56 minutes to under 90. This, of course, depends on your departure station.

If the train is not for you, driving to the Park and Ride or non-stop through the Lincoln or Holland Tunnels is an option, as is bus service via Lakeland Bus Lines.

Happy commuting!

The 9th “gift” will be Harding’s low taxes. Open it up next!

PS- Don’t forget to read my other blogs below that may have more extensive information.

Posted by: Mary Jane Benedetto

The 12 "Gifts" of Harding Township, NJ #7-Harding's Historical Society

2010-12-27T10:00:00Z

Embracing the spirit of the season, I want to share with you all the wonderful gifts of Harding Township, NJ. Look for one gift everyday!

The 7th gift is Harding’s H istorical Society. It is located in the Tunis-Ellicks house on Village Road. Built in 1795, the Tunis-Ellicks house was originally owned by George Mitchell. In 1938 it was sold to Silas D. Tunis and then in 1978 the house and gardens were rejuvenated by the citizens of Harding. Today, it is the headquarters for the Historical Society and the gardens are maintained by the New Vernon Garden Club.

The house museum boasts an 18th century open-hearth kitchen. Outside is an 18th century parlor garden with 120 types of herbs, perennials, and shrubs. The second floor is a museum that showcases historical aspects of the area on a rotating basis. The home was recently the site of the 27th annual antique show preview party.

The 8th “gift” will be Harding’s proximity to NYC. Open it up next!

PS- Don’t forget to read my other blogs below that may have more extensive information.

Posted by: Mary Jane Benedetto

The 12 "Gifts" of Harding Township, NJ #6-The Kemmerer Library Harding Township

2010-12-22T14:58:06Z

Embracing the spirit of the season, I want to share with you all the wonderful gifts of Harding Township, NJ. Look for one gift everyday!

The 6th gift (and the first time it is on the list) is Harding’s new library which is called The Kemmerer Library Harding Township. It is a privately funded library and Harding residents have been instrumental in building and supporting it. At a cost of approximately $6 million dollars, the library is named after John L. Kemmerer 3rd whose family foundation donated close to $1 million dollars for its construction.

The library supports and caters to all age groups. Children can find activities and reading groups on the main floor, adults can borrow books, attend reading groups, or participate in Yoga classes, and teens can find a quiet place to read and write a paper. There is wireless throughout the building.

The 7th “gift” will be Harding’s Historical Society. Open it up next!

PS- Don’t forget to read my other blogs below that may have more extensive information.

Posted by: Mary Jane Benedetto

The 12 "Gifts" of Harding Township, NJ #5-Bayne Park

2010-12-22T14:04:00Z

Embracing the spirit of the season, I want to share with you all the wonderful gifts of Harding Township, NJ. Look for one gift everyday!

Harding Township’s beautiful Bayne Park is the fifth gift. Located at the corner of Blue Mill Road and Glen Alpin in the center of New Vernon, it offers beautiful vistas every day and season to passersby, as well as great fun for park visitors.

At this time of year, residents eagerly anticipate ice skating. Harding creates two large rectangular ponds and then floods them. (No danger of thin ice here.) Spur of the moment hockey games can be seen when the temperature is low enough to freeze the water. Look for the “ice skating today” sign, lace up, and enjoy old-fashioned fun with the family.

The spring brings fishing, blankets on the grass, and beautiful scenery. Truly one of the most special gifts!

The 6th “gift” will be Harding’s new library. Open it up next!

PS- Don’t forget to read my other blogs below that may have more extensive information.

Posted by: Mary Jane Benedetto

The 12 "Gifts" of Harding Township, NJ #4-Harding's Bridle Paths

2010-12-17T12:05:21Z

Embracing the spirit of the season, I want to share with you all the wonderful gifts of Harding Township, NJ. Look for one gift everyday!

Harding Township’s beautiful bridle paths are the fourth gift. Look anywhere in Harding and see beautiful horses and riders in the fields and crossing or traveling down a road. Barns, paddocks, and trails all contribute to making Harding a wonderful place to ride.

The Harding Township/Green Village Bridle Path Association is active in Harding Township. The organization is committed to trail maintenance, horse safety and health, and the rural character of the area. There are family fun shows, an annual Dressage show, and picnics for all.

The 5th “gift” will be Harding’s Bayne Park. Open it up next!

PS- Don’t forget to read my other blogs below that may have more extensive information.

Posted by: Mary Jane Benedetto

The 12 "Gifts" of Harding Township, NJ #3-Harding's Commitment to the Land

2010-12-16T16:41:42Z

Continuing in the spirit of the season, I want to share with you all the wonderful gifts of Harding Township, NJ. Look for one gift everyday!

Harding Township’s commitment to the land is the third gift. Carrying on the original vision of the Harding founders in keeping Harding Township open and bucolic, the Harding Land Trust has worked to preserve almost 303 acres of land and streams since 1990. The first project was 56 acres of open field, now known as Margett’s Field, on Blue Mill Road. The work continues preserving and saving land every year.

Take a ride through Harding and delight in the spectacular seasonal views and vistas. You will want to come home to this special place every night!

The fourth “gift” will be Harding’s bridle paths. Open it up next!

PS- Don’t forget to read my other blogs below that may have more extensive information.

Posted by: Mary Jane Benedetto

The 12 "Gifts" of Harding Township, NJ - #2 Rich History

2010-12-14T00:00:00Z

Still in the spirit of the season, I want to share with you all the wonderful gifts of Harding Township, NJ. Look for one gift everyday!

Harding Township’s rich history is the second gift. Tens of thousands of years ago, the area was covered by a glacial lake. When it finally drained, the area now known as the Great Swamp remained. In the early 1700s, the rich soil sustained the growth of a strong agricultural community, along with fishing and hunting. Tracts of woods near Jockey Hollow were later bought by Morristown residents for wood supply, and as recently as 15 years ago still existed.

New York City residents, desirous of cooler areas in the summer, bought large expanses of land and set up farms and beautiful estates. The next step was to preserve the area’s rural feeling and character, and so in 1922 the town’s residents created Harding Township, named after President Warren G. Harding. To this day, residents still conserve the rural character of Harding’s streams and land through the Harding Land Trust.

The third “gift” will be Harding’s Glen Alpin. Open it up next!

PS- Don’t forget to read my other blogs below that may have more extensive information.

Posted by: Mary Jane Benedetto

The 12 "Gifts" of Harding Township, NJ

2010-12-13T22:15:00Z

In the spirit of the season, I want to share with you all the wonderful gifts of Harding Township, NJ. Look for one gift everyday!

The first gift is Harding’s beauty. Located between Jockey Hollow Park and the Great Swamp in Morris County, Harding boasts beautiful rolling hills, meadows, and bucolic settings that can easily out vie the most beautiful areas in New Jersey. New York City commuters come home to peace and quiet, usually in about an hour.

Below is a classic winter scene in Bayne Park, located in the center of the township and open to the public. Gorgeous!

The second “gift” will be Harding’s rich history. Open it up next!

PS- Don’t forget to read my other blogs below that may have more extensive information.

Posted by: Mary Jane Benedetto

Gladstone's Southern Colonial

2010-10-07T16:59:00Z

The quiet and quaint rural town of Peapack/Gladstone has always been known for its estate and horse farms of the wealthy, where they still engage in fox hunting. However, most of the residents live less ostentatiously in charming antique homes and beautiful Colonials. Many residents are young and well established, and commute to New York City from its two train stations.

Several homes are on the market presently. However, I would like to focus on one Colonial in particular which was built in 1985 and is located in one of the most desirable neighborhoods of the town. Its architecture is unique from most of the other Colonials because the owner wanted a home reminiscent of a Southern Colonial. Properly named by its owner, “Southern Comfort,” the exterior boasts 2 front porches on both the first and second levels. The owner has spent many precious moments enjoying the views of the neighborhood and landscape. The home has 5 bedrooms, 2½ baths and a cozy family room with a floor-to-ceiling fieldstone fireplace. Every room has 7 ft. Anderson windows that delightfully capture nature’s views. The owner had the builder locate the home in the center of its level, picturesque 1.8± acres, affording privacy in the front and back of the home. This home has been priced to give the buyer an excellent investment at $727,600.

Come enjoy a fall drive through town to experience the colorful and majestic shade trees. Peapack/Gladstone is a choice area to live in with its excellent school system, peaceful surroundings and easy commute to New York City by train or major highways. Please give me a call with any questions concerning “Southern Comfort” or the beautiful town of Peapack/Gladstone.

Posted by: Bella Wilgus

Halloween Safety in Morris, Somerset or Hunterdon County

2010-10-01T20:45:00Z

Kids love Halloween–the mystery, the costumes, the freedom outside at night, and most of all the candy! But if you are a parent, like me, who tries hard to balance all that fun with safety you need some quick tips that you and your kids can follow to make it the best Halloween ever! If you can arrange an evening with some of their friends whose parents all subscribe to your rules, everyone is happier!

I divide these tips into 3 sections, as it’s easier to focus on them this way: candy, trick-or-treating, and costumes.

Again, trick-or-treating with friends is always best. It leaves someone home to hand out candy, someone with whom to switch off responsibility, and someone to help with the discipline and control.

Here’s hoping your Halloween is a fun and unique experience for all! If you have any more tips, please email me! Trick or Treat!

Posted by: Mary Jane Benedetto

August Real Estate Market Update in NJ

2010-10-01T00:00:00Z

On September 23, 2010 the NAR (National Association of Realtors) released the national “Existing Home Sales Report.” At the same time, Jeffrey Otteau, President, The Otteau Valuation Group, released NJ statistics. All statistics are quoted from these two organizations.

Month over month:

Nationally: August 2010 sales increased 7.6% over July 2010 sales.

Statewide in NJ: statistics have not yet been released

Northeast: August 2010 sales increased 7.9% over July 2010 sales.

Year over year:

Nationally: August 2010 sales were 19% below sales in August 2009.

Statewide in NJ: August 2010 contract sales were 25% below contract sales in August 2009. This decrease is 2 points better than the June and July -27% decreases. Not dramatically better, but not plummeting!

When looking at year over year statistics, it is important to remember that the First-Time Homebuyers tax credit stimulus was in place at that time in 2009, and it was set to expire on November 30th, 2009. This artificially pushed buyers into a buying mode perhaps earlier than they would have normally bought in order to qualify for the credit. In August 2010, there was no stimulus- just the market working on correcting itself back to normal levels. (The extension of the expiration date of the homebuyer’s credit and the enlargement of its scope will continue to skew the numbers for several more months until the free market can correct itself.)

Frankly, the numbers are not where they need to be to strongly indicate a comeback in the market. However, they do indicate that it is still an advantageous time to buy based on the fact that interest rates continue to be low making it cheaper to buy than a few years ago, high inventory levels offer a big selection (NJ is still looking at a 13.4 months of supply vs. a normal of 5-6 months, and housing prices are still low).

If you are a seller, it is still crucial to price your home correctly at the outset. With so much inventory available, an unrealistic initial list price will lead to your home being overlooked, stale and unsold.

There is no crystal ball to project the real estate performance over the next few months, but adherence to the basics and knowledge of your town’s market trends will continue to be key in making the best decisions. Call Turpin to help!

Posted by: Mary Jane Benedetto

Wightman's Farms in October

2010-09-28T20:43:00Z

October is a wonderful month to take the kids outside and find great fun in beautiful weather. It is also a time when kids are thinking of pumpkins, cider, mystery and Halloween! So, if you are looking for a kid-friendly, one-day adventure, visit Wightman’s Farms on Route 202 in Harding Township, Morris County.

The family farm sells fruits and vegetables from their own land, as well as (but not limited to) wonderful pies, sinful donuts, and, in my opinion, some of the best mozzarella cheese around! In-season flowers, plants, and Christmas trees round out a big selection!

But in October, the Farm comes alive with families visiting to pick apples and peaches, take hayrides through the orchards and fields, and to take on the challenges of the hay maze or the giant rope maze. There is a maze for all ages!

Click here for directions, hours, and all of their offerings. Don’t forget to bring home a pumpkin for the doorstep on Halloween!

Posted by: Mary Jane Benedetto

The Summit Medical Group

2010-09-28T11:53:12Z

The Summit Medical Group, which boasts some of the top doctors in New Jersey according to New Jersey Monthly and Inside Jersey magazines is holding their first ever Live Well Sports and Health Festival at their Berkley Heights campus, 1 Diamond Hill Road, on Sunday, October 3rd from 12-4pm. This free event, being held rain or shine, is open to the public and features indoor and outdoor activities for the whole family, including:

Golf Simulator and Putting Challenge Sports Performance and Injury Prevention Counseling Exercise and Nutrition Programs Makoto Fitness Training Rock Climbing Wall Baseball and Lacrosse Cages Soccer Drills and Skills Hockey Plyometric Training and Shot Station Table Tennis Tai Chi Instruction Hay Maze Face Painting and Other Artists Music and Refreshments

In addition, Olympic gymnast Shannon Miller will be promoting her Foundation which fights against childhood obesity and Olympic fencer Tim Morehouse will be discussing nutrition and training for his upcoming London Olympics in 2012.

Posted by: Nadine Gelinas-Coffey

Private School Open Houses

2010-09-24T18:55:00Z

Whether you’ve just finished getting your kids back to school, or you have a child who will be starting Kindergarten next year, now is the time to start investigating the local area Independent schools. While many of the towns in Morris and Somerset County boast top rated schools, for some families, Independent schools are a better fit. Independent schools typically offer smaller class room sizes, more individual attention, rigorous academics and well rounded arts and athletic programs. Fortunately, the area offers a multitude of excellent options and families can learn more about each school at upcoming open houses. Even if you’ve never thought about Independent schools, it is a good way to learn about the area options.

The following are open houses scheduled:

Chatham:
Chatham Day School- Pre K-8th Coeducational- November 20th 10amFar Hills:
Far Hills Country Day-Pre K-8th Coeducational-October 8th 8:30-10am, October 17th 1-3pmGladstone:
Gill St. Bernard’s School-Pre-K-12 Coeducational- October 17th 1pmLivingston:
Newark Academy- 6- 8th Coeducational- October 16th 9:00-11:30am
9-12th Coeducational- October 2nd and 30th 9:00-11:30amMartinsville:
Pingry- Upper School Campus 6-12th Coeducational-November 13th 2-5pmMorristown:
Delbarton School- 7-12 Boys- Saturdays during the fall by appointment
Morristown-Beard School- 6-12th Coeducational- October 17th 1pm
The Peck School- K-8th Coeducational- October 13th 6-8pm
The Red Oaks School- Pre K-6th Coeducational- November 13th 9:45-12pm Short Hills:
Far Brook- Pre K-8th Coeducational- October 26th 8:30-12pm
The Pingry School- Lower School Campus only K-5 Coeducational- October 6th 8:30-11amSummit:
Kent Place School- Pre K- Coeducational- October 16th 9:30-11am
K-5th -Girls- October 13th 9:00-11am
6-12th -Girls-October 17th 1:00-3pm
Oak Knoll School of the Holy Child- K-6th Coeducational- October 20th 9:15-11am
7-12th Girls- October 24th 1:30-3:30pm
Oratory Preparatory School- 7-12th -Boys- October 3rd 1-3pm, October 27th 6:30-8:30pm

Posted by: Nadine Gelinas-Coffey

Glen Alpin: Conserving History

2010-08-13T19:21:00Z

The land that is 685 Mt. Kemble Avenue in Harding Township was originally part of a 1,250-acre estate purchased by Peter Kemble in 1751. A portion of the estate was sold to Henry Hoyt, son of a prominent New York merchant, who built the original “Glen Alpin” house and named it Mt. Kemble. In 1885, it was sold to David McAlpin, a wealthy tobacco merchant, who made additions to the home and renamed it “Glen Alpin.” The “Glen Alpin” house was originally built in 1847 in the Gothic Revival architectural style. Gothic Revival architecture is an early version of Victorian architecture, with notable characteristics of gingerbread trim and steep gabled roofs.

The 262-acre property was subdivided and sold off over the years, 124 acres of which was donated to the US government and forms part of the Morristown National Park.

The original home sits on 9.57 acres at the corner of Tempe Wick Road and is owned by the Township of Harding. The Glen Alpin Conservancy will be holding a public open house on Sunday, September 12th from 2pm-4pm when you can view the architectural details that make this house a treasure worth preserving.

Further history on this home can be found at www.hardingcivic.org.

Posted by: Nadine Gelinas-Coffey

A labor of love

2010-07-26T00:00:00Z

When the current owners purchased their property at 18 Horseshoe Bend Road they had a vision of what it could become. The home sat on nearly 6 acres of land that was once part of a 400 acre estate known as “Woodmere Farms” owned by Edward T.H. Talmage which stretched from Bernardsville Road to Talmage Road. At the time the estate was noted in the Social Registry as Bernardsville, however today the property sits in Mendham Borough. The Talmage family originally built their summer residence, named White Pillars in 1894 and it was the scene for lavish parties. Over the years, portions of the property were sold off including a portion on Horseshoe Bend which was sold to Dean Sage, the second Mayor of Mendham Borough.

The original structure built in 1940 on 18 Horseshoe Bend Road was a two-story brick residence. The transformation, which was started by a previous owner, was completed by the current owners over the course of several years. With an artist’s eye, each room was thoroughly thought out, high end materials were selected and plans were designed and redesigned. Amongst the projects undertaken was the addition of a 4-car garage, mudroom, laundry room and great room. The home’s exterior and interior barn board was removed and replaced with modern materials. Expansion/renovation of the master bedroom suite created a lavish bathroom, adding his and her closets and an exercise/sitting room with a private deck. The dated solarium was replaced with a gorgeous sunroom adjacent to a courtyard patio. A pool house was constructed along with the complete renovation of the pool.

In the end, they created a home that not only shows the personality and style of the owners, but respected and enhanced the property. It is now the perfect setting for entertaining. If the Talmages could see what they created, I am sure they would approve!

This home is currently being offered for sale. Please click here for more information.

Posted by: Nadine Gelinas-Coffey

Chester Volunteer Fire Company #1 Carnival

2010-06-18T00:00:00Z

Summer is almost here and what better way to kick it off than a good, old fashioned carnival!

The Chester Volunteer Fire Company #1 will hold their annual carnival at Chubb Park in Chester, New Jersey from June 22nd – 26th.

The carnival opens at 6:30pm and runs until around 10pm. Tuesday, Thursday and Saturday are wristband nights, with the purchase of a wrist band, you receive unlimited rides!

On Friday, June 25th, a fireworks display will begin at 10pm.

Posted by: Nicole Atorino

Getting a Homebuyers Tax Credit? You Must Close by June 30th!

2010-06-17T13:48:00Z

If you were one of the many homebuyers who took advantage of the Homebuyers Tax Credit this spring, there isn’t much time left to get it all done! The time between April 30th (when you had to be under contract) and June 30th (when you have to close) seemed like a very long time, but it’s not! There has been talk (and some defeated legislation) to extend the closing date for two months-but don’t count on this.

Contact your lawyer and real estate agent to develop a plan for the completion of the following steps towards closing:

Most importantly, you must obtain a mortgage. There has been a flood of applications, and although banks are prioritizing Homebuyer Tax Credit applications, make sure you are on top of the process every step of the way. As with everything, communication is crucial. Ask your lender ahead of time what is needed, get it to them swiftly, and then follow up to make sure all is received. Double check the checklist!

Next, follow up on inspections. By now you should have scheduled one and received the analysis back. If there is remediation, make sure the seller is addressing the issues on a timely basis.

Hand in hand with inspections are the smoke, fire, and carbon monoxide certifications. Each town requires something different, so verify what the rules are and that these are also being done. If there are other outstanding issues, such as missing documentation for oil tanks, permits for work done on the house, Certificate of Occupancy (CO) or Certificate of Continued Occupancy (CCO) if the town requires, or other contingencies, etc., follow up!

Finally, create an artificial close date with the seller. This will be the goal date for completion of all issues, and will give you a little wiggle room in case something goes awry.

Good luck and congratulations!

Posted by: Mary Jane Benedetto

Buying or Selling a home in New Jersey? Do it now as Mortgage Rates Drop Unexpectedly!

2010-05-28T15:16:00Z

In spite of all the forecasts about higher mortgage rates happening in the latter part of 2010 (up to 6%), the unexpected strengthening of the dollar against the Euro has pushed rates down to a new low as investors are now investing in US bonds. Once yields on treasury bonds lowered, this triggered a decline in mortgage rates.

According to the Wall Street Journal article by Nick Timiraos on May 24, 2010, rates averaged 4.84% last week ending May 20, 2010. Rates were around 5.27% in April.

Why is this important?

Remember my previous blogs? I explained that for every one point in increase or decline of a mortgage rate, there is a corresponding 10% increase or decline in the cost of the home. If you are a seller, you may not be forced to lower the price of your home as the monthly cost to the buyer will be less with a lower rate. (This assumes, of course, that you priced the house properly at the outset of the listing.) If you are a buyer, you can buy more house for the same monthly cost!

So, if you are in the real estate market either as a buyer or seller (or know someone who is), timing is of the essence! Lock in a low rate and let’s start looking at houses!

Posted by: Mary Jane Benedetto

Well Testing and NJ Real Estate

2010-05-27T13:28:00Z

If you are thinking of buying or building a home in Morris, Somerset, or Hunterdon Counties, you may find that you will not have access to public water. This means that your property will require a well for drinking water. Before you close on the house (whether buying or building) the well must be tested. The primary purpose is to verify that the water is potable. Testing also tracks any changes in the status of the seven largest aquifers in New Jersey.

The following is a brief explanation of the well testing process that is in no way meant to be all you need to know!

When you buy a home, the contract will include the requirement that the well water be tested for contaminants by a state-certified water testing laboratory. This is usually at the seller’s expense. The test must be done on untreated water. This means the test must be done before the water goes through any water softener, filter, etc. The parameters covered are for contaminants such as iron, manganese, pH, nitrate, lead, etc. In addition, there is a second part of the test that focuses on bacteria, specifically total coliform bacteria. The first test is usually valid for a year and the second test for 6 months. Check with both the county and the state as you must follow all laws for both.

Once the results come back, both buyer and seller review the report. Testing and results don’t take long, but in the event remedial work or treatment needs to be done, the test should be done as soon as you go under contract. According to the law, a test in which one or more drinking standards are not met doesn’t mean the sale can’t go through. In some cases local health departments may require remediation of the water. Check with your county or township!

For more information, click on this link NJDEP Private Well Testing Act.

Posted by: Mary Jane Benedetto

FORE! Looking to play a few rounds of golf in Morris County, NJ?

2010-05-18T12:34:25Z

Morris County has some of the most beautiful golf courses in the country for golf enthusiasts.

Roxiticus Country Club The Club property is located within the boundaries of both Mendham and Bernardsville. The Club has a challenging 18-hole Hal Purdy designed golf course. The course stretches to 6,521 yards with a 72.5/135 course rating. A driving range, two putting greens, lob wedge area, and indoor range “tech center” are available.

Mendham Golf and Tennis Mendham Golf and Tennis Club has 320 full golf memberships. There are no required tee times, but portions of weekday mornings are set aside for certain Men’s and Women’s groups. The Golf Committee runs several tournaments per month and governs the rules and policies for equitable and enjoyable play for the members.

Morris Country Golf Club Founded in 1894, the Club was unique from the beginning as it was planned, organized and operated by women. The Club was an early member of the USGA, joining in 1895, and was the first club in New Jersey to host national championships, the US Women’s Amateur in 1896, followed two years later by the US Men’s Amateur in 1898. The present 18-hole course was laid out by the highly respected golf course architect, Seth Raynor, in 1916.

Spring Brook Country Club Spring Brook’s magnificent 18-hole golf course, sits on top of a hill overlooking Armstrong Pond. Its golf amenities include a driving range, putting green, and a fully stocked Golf Pro Shop. Established in 1921, Spring Brook’s golf course was designed by golf legend, Walter J. Travis. The championship course is enhanced by a variety of trees and foliage, which add to the natural beauty of the grounds. Its three par 3’s in a row around the pond add an unusual and interesting challenge to this magnificent course.

Turpin’s Mendham office, 973-543-7400, has listed a lovely ranch home at 230 Mountainside Road, Mendham, on 9± acres which includes a Ken Dye designed golf course with 2 greens, 4 tees, sand traps and bunkers. This allows a number of combinations, including two par 4’s. Hope to see you out on the links!

Posted by: Nicole Atorino

Mendham, New Jersey Juniors Electronic Recycling Day

2010-05-10T00:00:00Z

Come to the Mendham Juniors Electronic Recycling Day!

Just bring your old and dated electronics to Mendham Borough Public Works at 37 Ironia Road in Mendham this Saturday, May 15, 2010 from 9:00 am - 1:00 pm.

Acceptable items include:
- Computers (Hard drives erased by: Supreme Electronics)
- Small Electronics
- Desktop & Laptop Computers, Copiers,
- Hardware, Printers, Monitors,
- Small Household Appliances
- Tape Recorders & Radios
- Typewriters & Fax machines
- Televisions of All Kinds

For answers to questions, to volunteer, or for more information, please click here.

Posted by: Nicole Atorino

Mansion in May Designer Showcase and Garden in Harding Township, New Jersey

2010-05-06T00:00:00Z

Help support the Women’s Association of Morristown Memorial Hospital.

The Women’s Association of Morristown Memorial Hospital is pleased to announce its 15th Mansion in May Designer Showcase and Garden at Fawn Hill Farm in Harding Township, New Jersey throughout May, 2010. Proceeds will be directed toward a $25 million expansion of the Emergency Department at Morristown Memorial Hospital.

Harding Township is a quiet community heralded for its privacy and true country living. Its convenient location makes it attractive for those who seek an oasis away from the city with a manageable commute. I currently have a terrific home listed in Harding Township, at 2 Fawn Hill Drive.

Details can be found by clicking on the link above, or by contacting me directly at natorino@turpinrealtors.com.

Posted by: Nicole Atorino

Mendham Little League

2010-04-22T00:00:00Z

Come down to the Brookside Community Center in Mendham Township on Saturday, April 24, 2010 to support the Mendham Little League at their annual fundraiser. Tickets are $60 and with your purchase you receive three drink tickets, dinner and entertainment, The Meathooks . There will also be a silent auction with many terrific items to take your chance at winning.

Mendham Little League has been in operation since 1998, when the league was created to fill the desire for organized play for girls and boys over the age of 13 in Mendham Borough and Township. Prior to this, children played in the Babe Ruth league, which offered a limited number of teams. Over 350 volunteers run this program which benefits more than 750 children. This includes managers, coaches, team parents, players, umpires and board members.

For more information and to purchase tickets, or to preview The Meathooks, please click on the links provided above. It’s going to be a great night of good food, good music and good friends, all for a good cause. Hope to see you there!

Posted by: Nicole Atorino

1989 NJ State Championship Hockey Game On!

2010-03-31T15:40:00Z

On Saturday, April 3, 2010, at 2PM at the Mennen Arena in Morristown, New Jersey members of the former Delbarton and St. Joseph Regional High School hockey teams will reunite to play “the game that never was”.

The original game, to be played in 1989, was canceled due to a measles outbreak and was never rescheduled. Both teams were ultimately declared co champions. However, the debate continued as to which team would have won.

Thirty-five of the forty original players that were scheduled to compete in the 1989 NJ State championship game will reconvene to determine who deserved the title. The event, called ”Frozen Flashback” is more than just a hockey game. It is a fundraiser for the NHL’s Hockey Fights Cancer charity. Through this organization, the NHL assists community organizations and medical centers who focus on cancer research and directly assist families affected by the disease. To date, Frozen Flashback has raised over $55,000 for their cause.

For more information and to obtain tickets, visit the website link above. I am looking forward to attending with my children to reconnect with old friends, see some great hockey and support an important cause.

Posted by:Nicole Atorino

The Villages of Tewksbury: Part 2 – Oldwick

2010-03-29T21:11:00Z

The picturesque village of Oldwick remains the historic center of Tewksbury. Located conveniently close to Interstate 78, it retains its charm and authenticity, with stately Colonial and pretty Victorian houses that are the pride and joy of their owners.

Established by English landowners in the early 1700’s, followed by settlers of German descent, the village became known as New Germantown. The Zion Lutheran church, a beautiful 1749 Greek Revival building at the crossroads of the village, became well known for its illustrious pastor for 30 years, Henry Melchior Muhlenberg, the patriarch of the Lutheran church in America. It is considered to be one of the oldest Lutheran churches in New Jersey. In the 20th century, the village was renamed Oldwick, due to anti-German sentiments during World War I.

Enjoy lunch at the Tewksbury Inn or the Oldwick General Store, just across the road, before indulging your inner child and/or your children and grandchildren at the Bunny Hole, Oldwick’s very special Easter tradition. Every Easter since 1949, the Magic Shop, on the main street in Oldwick, has been transformed into the Bunny Hole, a delightful and fanciful adventure for children to explore the bunnies’ den, which features vignettes loosely based on Beatrix Potter’s tales of Peter Rabbit. Usually installed four to five weeks before Easter, the Bunny Hole is open for one week to ten days afterwards. It has delighted local and not so local children of all ages for generations. This year is no exception and the magical scenes encompass children’s stories, featuring Alice in Wonderland (the central theme), Where the Wild Things Are, Hansel and Gretel and Winnie the Pooh, as well as Peter Rabbit in Mr. McGregor’s garden. All are artfully designed by loyal and talented volunteers. Come and be enchanted!

The Magic Shop is a whimsical gift shop located in an 18th century house in the center of this historic village. Featuring unique, hand-crafted, original gifts for the home, fine art, antiques, children’s clothing and toys, each room offers unique and beautiful merchandise for the discriminating shopper.

Posted by: Valerie Fraser

Look What's New in Peapack/Gladstone, NJ!

2010-03-24T15:53:00Z

If you are interested in fine dining and a memorable experience, then Ninety Acres Culinary Center at Natirar in Peapack, New Jersey is the place to go! This 15-month old restaurant is situated on a 500 acre estate that was once owned by the King of Morocco. The estate carriage house was transformed into an exceptional restaurant by David Rockwell of the Rockwell Team. Its warm, inviting ambiance boasts rich, classic materials and design with wood floors and ceilings, butternut millwork, walnut furniture, green stressed leather seating and large windows that create a connection with the surrounding bucolic setting. The restaurant wizardry by Chef David C. Felton is unmatched. The recipes are delicious and exciting and leave your palette and well being with a blissful satisfying feeling. Complimentary carafes of bubbling and still water are at every table. The bread basket is filled with the most delectable assortment. Their creative, original cocktails incorporate ingredients indigenous to country living. Ninety Acres also has a Wine School and Cooking School and will be able to serve foods that are raised and grown on the property’s own farm. The service is simply impeccable and leaves nothing to be desired. At the end of your delightful dinner, if you should request a “doggie bag”, your server will provide you with a number tag to retrieve your food when you leave. Truly sophisticated dining you will not forget.

If you intend to move to or visit Somerset County, just know that the twin boroughs of Peapack/Gladstone has other exceptional restaurants as well, which I will discuss in future blogs.

Posted by:Bella Wilgus

Buying a House in NJ? Look at the Cost vs. the Price

2010-03-23T21:42:00Z

Aside from location, number of bedrooms, and schools, the most important criteria for a buyer is usually the price of the house. Many say right up front in the search process, “I want to spend between X and Y dollars.” Usually, the buyer prefers the more expensive home as it has more features than they are looking for!

But in this market, it’s important to understand that rising interest rates can have a huge effect on the monthly expense of mortgage and taxes. Right now, conventional wisdom says that interest rates will go up after March 31st causing higher monthly payments and the tax credit expiration will end April 30th causing buying activity to slow down. This will result in more inventory on the market. Good old-fashioned supply and demand in play here! Both buyers and sellers must be acutely aware of the cost of the house vs. the price of the house in this time period.

Let’s look at the consequences of an interest rate increase. The general rule of thumb is that for every 1 percentage point interest rate increase, the mortgage costs approximately 10% more. That means the buyer must lower the top price he is able to pay, put more money down, or resign himself to a higher monthly payment (sellers must be willing to lower the price of the home quickly to remain a viable and competitive player in the market). Now let’s look at the consequences of increased inventory. Unless a house is priced sharply and correctly, it will not sell in a glutted marketplace. Buyers have an opportunity to make an educated lower offer, maintain the projected monthly payments they can afford, and buy the house they want (hopefully, sellers will react, with the help of their agent, to meet this problem head on and lower the price of the home).

Posted by:Mary Jane Benedetto

Mendham Borough's HSA Fundraiser - Casino Royale

2010-03-17T21:06:00Z

Bring your best poker face and come out to support Mendham Borough Schools at the Home School Association’s Annual Spring Fundraiser, “Casino Royale”. The event will be held on Saturday, March 20, 2010, from 7:00-11:00 pm at The Skylands at Randolph.

Tickets cost $60 per person and guests will enjoy a cocktail buffet and cash bar. There will be game tables to try your luck and tickets will be sold for the Silent and Chance Auction. Class donated baskets and teacher donations are a big hit and a great way to participate in the action in case lady luck leaves you flat!

Posted by:Nicole Atorino

Hilltop Elementary School Performance “Green, What can we do?”

2010-03-15T21:09:00Z

The students at Hilltop Elementary School in Mendham Borough will put on a special performance for parents and friends on Friday, March 19, 2010. The theme is “Green, What can we do? What can I do?” and will feature a magical black light show using puppets, masks, music, rhythm and dance to raise awareness of some environmental issues such as recycling, saving trees, alternative energies, and reusing things in a creative way.

The students and teachers have been working hard to create a memorable experience and are excited to have the opportunity to show off their efforts. It’s so nice to know that our children have recognized that caring for the Earth is a serious mission for us all and are anxious to spread the word.

Posted by:Nicole Atorino

Harding Township, NJ Day Camp/Summer 2010

2010-03-15T17:26:00Z

It’s hard to believe, but summer is almost upon us! The kids will be out of school and parents will want to keep them entertained and busy for those long, hot weeks! If you live in or around Harding Township, consider this great suggestion– Harding Township Day Camp, which is conveniently located at the Harding School in New Vernon.

The camp runs for a 4-week period in June/July, and you can sign your child up for all 4 weeks or 1-week intervals. This will give you plenty of time to take that August vacation and also start Back-to-School shopping, doctor’s appointments, etc.

Children in grades K through six are eligible to enroll. (Younger campers can be part of the Polliwog program which runs from 9AM to 12AM or an extended Polliwog program which runs from 9AM to 3PM.)

There are lots of available activities, including, but not limited to, sports, computers, swimming, arts and crafts, and drama productions. Swimming lessons and science classes may be taken at a nominal additional cost. My favorite part (having sent my child to camp for many years) is the three times per week lunch that the camp offers, included in the fee.

For more information, check out their website link above.

Have a great summer!

Posted by:Mary Jane Benedetto

Moutain View School designated a "New Jersey School to Watch"

2010-03-11T21:20:00Z

Mountain View School in Mendham Borough has been selected as a “New Jersey Middle School to Watch” in the state’s selection of just THREE schools statewide. This program is used ‘to highlight middle schools that make an extra effort to support sustained learning.’ The school’s programs will now be shared with schools in New Jersey as well as on a national scale to promote inventive approaches to grade school, middle school, and classroom education that focus on creative models that help all students achieve better results.

The schools were judged on three sets of criteria:

Social equality - do the programs provide every student with high caliber teachers and resources and offer fair opportunities for all?; academic excellence – do the school programs challenge all students?; developmental responsiveness - are the programs perceptive to the unique needs and developmental challenges of early adolescence?

Mountain View was recognized for high achievement in all three of these areas! Visit the official Schools to Watch website to learn more! As the mom of two Mountain View students, I couldn’t be more proud!

Posted by:Nicole Atorino

Short Sales vs. Foreclosures

2010-03-10T20:41:00Z

Just the other day, someone asked me what the difference is between a short sale and foreclosure. I thought that I should write a brief blog about the difference and some advantages and disadvantages about the two. As usual, please consult your lawyer or lending agency for all the facts pertaining to your situation as New Jersey rules and laws can vary from other states.

Briefly, a short sale is a sale of your home for less money than you owe your lender. This is also known as being “underwater.” However, you can not undertake a short sale without the permission of your bank or mortgage company. Permission to sell is granted based on many factors, such as hardship, and this must be clearly demonstrated to the mortgagee. Prior to this spring, short sales took a long time to complete, but new guidelines require that any offer must be accepted or rejected within 10 days by the banks. Conducting a short sale is much like a regular offering-your home is listed by an agent on MLS, potential buyers come and look at it and offers come in.

The biggest disadvantage is that your credit score will be affected, although not as badly as in a foreclosure. An advantage is that you will be able to purchase another home more quickly, often after 2 years. And, depending on your particular circumstances, the lender may require payback of the shortfall amount.

A foreclosure procedure is caused by an inability to keep up with mortgage payments. In this case, the borrower/homeowner gives up rights to the home through a complicated legal process that varies from state to state, and ultimately, the mortgagee owns the property. At that point they are able to sell it and try to regain whatever losses that occurred.

Dramatic drops in credit scores as a result of foreclosure are the biggest disadvantage. This could remain on your credit report for many years. The ability to buy another house could be severely postponed for many years as well.

Certainly, the best piece of advice for anyone is to consult a lawyer about your options and possible results. If you are in a short sale, a real estate agent experienced in dealing with short sales will be a major help in guiding you and getting all the paperwork done correctly and in a timely manner.

Posted by:Mary Jane Benedetto

Septic Systems and New Jersey Real Estate, Part 2 - Maintenance

2010-03-08T18:26:00Z

Last week I described what a septic system is and how it works. This week I’ll discuss proper care and management which should extend the life and function of a system. Regular maintenance requires pumping the system to remove the sludge. This is recommended to be done on a regular basis. How you use and treat the system, the number of people in your household, and other factors can result in a range of maintenance time frames. Some companies recommend that if the sludge and scum is equal to one third of the tank capacity, it’s time to pump.

Remember: The goal is to maintain the organic organisms in the system that break down and absorb the waste. Excessive use of caustic cleaners can compromise your system. Warning signs of potential problems can be excessive water around your system or sinks and toilets backing up. The system ultimately disperses the treated water into the soil, so it’s crucial that it is in proper working order from a health and safety standpoint.

Here’s a short list of what not to do:

Don’t use a garbage disposal. Don’t dump oil and grease down the sink drain. Don’t flush non-biodegradable items down the toilet. This includes disposable diapers, cat sand, and paper towels. Don’t take long showers or do many loads of laundry each day. Don’t pour paint, pesticides, and other toxic or hazardous substances down the drain.

Some other things to watch out for are:

Drainage of surface water over the system area. Landscaping or planting trees over the system as the roots can grow in and clog or rupture the field or tank. Leaky faucets or sinks. Improper design or installation of the system in addition to poor soil that doesn’t allow proper drainage. Creation of an impermeable cover (such as a parking area) over the system area.

An extensive explanation of the entire process can be found at www.nj.gov or www.state.nj.us.

Always work with a reputable professional whether doing maintenance as a homeowner or conducting an inspection of the system as a potential buyer. Whether buying or selling, an efficient and safe system goes a long way towards maintaining your home’s value!

Posted by:Mary Jane Benedetto

Septic Systems and New Jersey Real Estate, Part 1: How It Works

2010-03-04T16:58:00Z

If you are looking to buy a home in areas within Somerset, Morris or Hunterdon County you may find that the home you love uses a septic system instead of a sewer line. If you are selling in these areas, your buyer has the right to conduct an inspection of the system and the results can have an impact on the sale.

A septic system is located on your property and you are responsible for it. The rules concerning allowable size, design, and construction are governed by the Standards for Individual Subsurface Sewage Disposal Systems, N.J.A.C. 7:9A (aka Chapter 199). The Department of Health is responsible for enforcement of this in each township.

The typical septic system is made up of 4 main components: the pipe from the home, a septic tank, a distribution box and the drainage field. Its design and positioning will depend on your property’s characteristics.

The tank can range between 1000 and 2000 gallons, and is typically made up of 1 or 2 chambers with1 or 2 manhole covers. Townships and municipalities will have specific regulations regarding the size and layouts. The overall size is mandated by the number of bedrooms in the house.

The initial reduction of waste happens in the tank. The solids settle and should be anaerobically digested creating sludge, and the liquid ferments flowing out of baffles into the distribution box. This box evenly distributes the flow of the liquid throughout the drainage field.

The next component is the leach or drainage field. The liquid flowing to the field passes through pipes that are perforated and then is eliminated by physical, chemical and biological processes into the soil. At that point, the water is purified.

An extensive explanation of the entire process can be found at: http://www.nj.gov/dep/dwq/pdf/septicmn.pdf or http://www.state.nj.us/dep/dwq/owm_home.htm#works.

Whether you are buying or selling, it’s best to know about the components and their importance to the overall function of the system. Next time, we will talk about the maintenance of your system and why it’s important.

Posted by:Mary Jane Benedetto

Chatham Township Ranked #2 Town in New Jersey

2010-03-01T16:23:00Z

New Jersey Monthly Magazine has just published its “Best Places to Live 2010” article, and Chatham Township is ranked #2 (Bedminster Township is ranked #1.) The data is compiled by Monmouth University’s Polling Institute. They consider eight categories which best represent the quality of life in New Jersey’s 566 municipalities: population growth, home values, property taxes, land development, employment, crime rate, school performance, and proximity to services. Household income was not included, and home values were measured by the rate of increase or decrease over three years rather than by current prices.

In March of 2008, New Jersey Monthly Magazine ranked Chatham Township #1 once again. James O’Neill, the Superintendent of Schools for the School District of the Chathams, was quoted as saying “Chatham is a very unique place to live … there is a disproportionate number of terrific kids and talented teachers …and dedicated parents who spend an inordinate amount of time supporting the district. Chatham schools excel in academics, in the arts, and in athletics.”

The State Department of Education released its “School Report Card” on February 9, 2010, and once again Chatham schools came out on top. Chatham High School - a nationally ranked “Blue Ribbon School” - had the top SAT (Scholastic Aptitude Test) scores in Morris County, and ranked 22nd in the state.

Even CNN’s Money Magazine was impressed with Chatham – in 2005 - naming the combined towns of Borough and Township the ninth best place to live in America! With the opening of New Jersey Transit’s Midtown Direct train service to Manhattan in the late 1990s, land values in Chatham shot up.

Chatham continues to be recognized as one of the top towns in New Jersey, and a great place to live!

Posted by:Cynthia Edgar

Winter Hiking in the Mendhams

2010-02-26T16:20:00Z

The Mendhams and Morris County have had tremendous foresight in setting aside preserved land over the last several decades. One of the most rewarding benefits is a system of hiking trails that might be the best in New Jersey. All are open to foot and horse traffic. Trails owned or maintained by Morris County almost always allow mountain bikes as well. None are open to motorized traffic.

Winter trails can be especially rewarding, with long views of vistas and wildlife with the leaves off the trees. After our ample recent snowfalls, snowshoes and cross-country skis add to the fun. There are many parking spots at trail access points, and most are quickly plowed out after storms.

Stay tuned for detailed information on individual trails in future blogs.

Posted by:Brian Hays

Mendham Junior Woman's Club 'Girl's Night Out' on Thursday, February 24th

2010-02-22T17:38:00Z

The Mendham Junior Women’s Club (MJWC) will hold a membership drive with a ‘Girl’s Night Out’ at Jane’s Nails, Main Street, Mendham on Thursday, February 24th at 7:00 pm. Come out and get a manicure, pedicure and have a glass of wine while you learn about the exciting things they have lined up for this year.

The MJWC is a great way to get involved in the community and meet some fun, interesting women. Founded in 1957, the non-profit organization has brought the young women of Mendham and the surrounding areas together to host educational, charitable and civic activities. When I first moved into town, I found the MJWC a terrific way to meet like-minded moms. It was a great way to combine the need for a social outlet with the satisfaction of community service. Between the many community based events, from running the sack races on Labor Day to hosting our annual blood drive, I fostered a real connection to our town and the needs of others, while making some great friends in the process!

Posted by:Nicole Atorino

Mendham Resident Starts Private Practice, Therapy-Core

2010-02-15T18:13:00Z

In these uncertain political and economic times, it is not unusual for the stress of life to start to get you down. Families and individuals are under more pressure to keep it all together and stay afloat. The demands of work and school, as well as social pressures, can leave anyone feeling overwhelmed.

Kathleen Andrews, a licensed clinical social worker with a MA in Social Work, is the mother of two boys who lives in Mendham and has started Therapy-Core, a private counseling practice that has two main areas of focus. Through individual therapy, offered to children, teens or adults, Kathleen hopes to offer some relief of some such issues as stress, anxiety, anger, and sadness, and assist with living a more rewarding life.

In couples therapy, Kathleen tries to deal with specific issues like communication, financial conflict, family values, intimacy or parenting issues, to name a few.

With offices in Morristown, Cedar Knolls and Chatham, she is easily accessible. Check out her website/blog above or call 973-270-5757 for more information.

Posted by:Nicole Atorino

Mendham Borough and Mendham Township Taxes

2010-02-12T21:44:00Z

Since declines in home prices have resulted in increased appeals for property assessments, both Mendham Borough and Mendham Township have done a reassessment of all properties.

The result should be greater fairness for all residents. However, lower assessments do not mean lower taxes. A new tax rate will be established by the middle of the year, and the expectation is that the average tax bill will be no lower, and will probably be modestly higher. The total cost of running government and schools tends to increase each year, and that cost has to be apportioned.

The deadline has passed for appeals of the new assessments directly to the firm that did the work. However, appeals to the county, which normally must be filed by April 1st, can be filed up to May 1st.

Posted by:Brian Hays

Interest Rates and Mortgage Payments

2010-02-12T17:53:00Z

The spring 2010 Real Estate market is upon us. If you are a buyer or seller, you are probably asking whether to buy or sell now or wait. The real question is: how will the price of homes and interest rates be affected by the following combination of circumstances:

The expiration of the first and repeat home owner’s tax credit (April 30, 2010.) The expiration of the Fed program which protected interest rates by purchasing mortgage backed securities (March 30, 2010.) The current foreclosures on the market and the rising delinquency rates (3.5 million in January 2010 vs. 2.8 million in January 2009 according to Fox News RealtyTrac report). The increased number of bank owned properties coming on the market.

Supply and demand is clearly at play here. Steve Harney, the nationally recognized real estate guru of Keeping Current Matters, recommends in his January 26, 2010 article, to buy now if the Feds let the current tax credit program expire. He also recommends selling now while demand is still high. We saw what happened to the demand in November when the first tax credit expired, pending sales fell by 10%. In addition, Harney says, prices are projected to fall and not regain footing until 1st quarter 2013. As for mortgage rates, 5 of the top economic publications such as HSH & Associates, Moody’s, Washington Post, Barry Habib, and Morgan Stanley all project rates will rise to between 6% and 8%.

Why is all this important? There is a definite relationship between mortgage rates and home prices. Generally, for every point the mortgage rates increase, the value of the house you can buy is reduced 10%. For example, if you wish to take out a $200,000 loan at 5.0%, your monthly mortgage payment will be $1,074. However, if you borrow $200,000 at 6% your monthly mortgage payment will rise to $1,199. To remain at $1,074, the value of the house you can purchase must be reduced to $180,000.

It becomes clear that the time to act is right now. All the positive forces in the market right now (low interest rates and the 1st time and repeat homeowner’s tax credit to highlight the most important), make this a great time to buy or sell. Let’s talk before interest rates dramatically rise reducing your ability to buy or sell the most house for the best price.

Posted by:Mary Jane Benedetto

2010 Summer Camps & Programs in the North Jersey/Mendham Area

2010-02-09T14:59:00Z

It’s hard to think about summertime when it’s 25˚ outside, the wind is howling and there are a few inches of snow on the ground, but now is the time of year that many summer camps and programs begin registration. Depending on where you live, there are several good programs to choose from. Here are some of my favorites in the North Jersey/Mendham area:

Schiff Summer Nature Program - Schiff Nature Lands Trust in Mendham, NJ

Children ages 6 (entering first grade) to 12 are given the opportunity to play, explore and learn while developing a sense of community, self confidence and appreciation for the natural world. With almost 600 acres of forest and meadow and 14 miles of hiking trails, projects are designed to motivate and inspire as well as encourage environmental awareness. The Schiff Summer Program is a local favorite which often boasts a waiting list. For more information, visit their website or call 973-543-6004.

Art of Dance, Summer Dance Intensive - Chester, NJ

The Art of Dance features the most up-to-date dance styles and currently performing teachers. Dancers aged 5-20 can choose from a variety of dance styles that run in one or two week sessions. Whether you are a beginner or advanced dancer, you will be excited and motivated by this camp experience. For more information, visit their website or call 908-879-4919.

Oasis in Madison - Drew University in Madison, NJ

Oasis offers an amazing summer experience for children ages 4-11 and teen travel for ages 12-14. This camp offers sports and recreation, visual and performing arts, swimming, field trips and so much more. Visit their website or call 646-519-5059 for more information.

Junior Golf at Clubhouse Golf Center - Randolph, NJ

Individual instruction and lesson packages are available at the Golf Center. Camps and clinics are offered for ages 6-16 and all levels are welcome. Check out their website, or call 973-584-1504.

Gill St. Bernards Summer Programs - Gladstone, NJ

The beautiful 72 acre campus offers a wide variety of exciting and challenging opportunities for children aged 3-17. With over 41 years of well-supervised, creative camping there is something to keep every camper happy. The Hi Hills Camp is located here too.

There are so many options out there today to fit the needs of kids and parents. Don’t forget to check out your own local recreation departments and town clubs for summer programs as well.

Posted by:Nicole Atorino

Radon and Real Estate: What it is and What to Do About It?

2010-02-08T22:47:00Z

In New Jersey, as part of the inspection process, homes are tested for radon. Radon? Most people are unaware of what it is as it is something that can’t be seen, tasted or smelled.

Radon is an odorless, colorless, radioactive gas that is the second leading cause of lung cancer in the USA, according to the Surgeon General. Based on that, you naturally will want to know what the level is in your new home, but even if you aren’t moving, it’s best to test if your home has never been tested.

Radon occurs naturally as a result of the breakdown of uranium and can come into the home through small cracks in the foundation, openings around pipes or pits. Levels of radon in geographical areas can vary, and even fluctuate, from home to home in any given neighborhood.

Radon is measured in picocuries per liter (pCi/L). Testing is easy. It can be done either with a do-it-yourself testing kit or by a professional. If, after testing, your home has a level of 4.0 pCi/L or above, “the U.S. Environmental Agency (EPA) and the N.J. Department of Environmental Protection (DEP) recommend that you take action to mitigate your home if your test results indicate radon levels of 4pCi/L of radon or more”.

First, you need to find a qualified radon mitigation expert. You can call the state for a list, or go online at http://www.njradon.org . Speak to several, and then choose the company that best suits your needs. The EPA website offers a “Consumers Guide to Radon Reduction: How to fix your home” that has a great checklist of questions. It is relatively easy to fix (think new roof or replacement windows.) The process is one of two types: preventing it from entering the home or removing it once it enters. Again, the EPA website has a clear explanation of what can be done. Remember to retest once the mitigation is complete.

Still have questions? If you are buying or selling a house, Turpin Realtors has a booklet that can describe environmental issues for home buyers and sellers prepared by the New Jersey Association of Realtors. You can also call the Radon Hotline 1-800-SOS-RADON.

Posted by:Mary Jane Benedetto

When is the Best Time to Sell Your Home?

2010-02-08T22:26:00Z

There’s a good argument that the next several months might result in the best sales price you’re likely to see for a few years.

Although the price trend for homes has been down for some time, it’s likely to continue for at least the rest of 2010. There is heavy supply now plus a “shadow supply” of homes temporarily taken off the market out of frustration, and then a backup of foreclosures that has resulted from a failed government program to prevent foreclosures.

Also, mortgage rates are being kept artificially low by a Federal Reserve program due to expire next month. Even if it’s extended, it won’t be for long, and then mortgage rates will climb, making it harder for buyers to afford the payments.

Some respected housing experts believe that prices could fall another 10 percent this year, and then recover only at the rate of inflation. If that turns out to be true, it would take a MINIMUM of three or four years before prices get back only to where they are today.

So if you’re thinking about selling your home in the next few years, it’s at least worth exploring the possibilities now.

Posted by:Brian Hays

Fitness Options in North Jersey

2010-02-03T06:05:00Z

Many people start off the New Year determined to restart their fitness program. There are many options from the traditional gym to specialized programs such as pilates, yoga or the bar method.

Somerset Hills YMCA-140 Mt. Airy Rd. Basking Ridge NJ 07920 908-766-7898

Madison YMCA- 111 Kings Road, Madison NJ 07940 973 377-6542
In addition to the gym, these YMCA facilities offer a pool, childcare and numerous programs.

Lotus Mind and Body- 165 Morristown Road, Bernardsville NJ 07924 908-766-9642
Recently opened next to Turpin Realtors, this studio offers yoga and pilates classes.

The Bar Method- Opened recently in the Bernardsville Kings shopping center, 80 Morristown Road, Bernardsville, N.J. 07924 (908)766-4433

They also have a location in Summit, NJ. Started in Connecticut in 1991, this has become a popular place to shape up. “The Bar Method™ workout creates a uniquely lean, firm, sculpted body by combining the muscle-shaping principles of isometrics, the body-elongating practice of dance conditioning, the science of physical therapy and the intense pace of interval training into a powerful exercise format that quickly and safely reshapes and elongates muscles.”

The Chatham Club- 484 Southern Boulevard, Chatham, NJ 07928-1406 973-377-1900
A traditional gym offering childcare, personal trainers, various classes including pilates, fencing and karate, squash ball courts and a sports medicine facility.

Powerflow Yoga- locations in Chatham and Livingston
Powerflow Yoga is a hot yoga studio inspired by a variety of different yoga styles which are incorporated into a heated vinyasa flow.

Posted by:Nadine Gelinas-Coffey

When is the Best Time to Buy?

2010-02-03T04:22:00Z

There are a couple of reasons why the best answer might be the first quarter of 2010.

Mortgage rates, at about 5%, are artificially low because of a Federal Reserve program to buy $1.25 trillion of mortgage securities. That program is due to expire at the end of March. Some experts believe mortgage rates may increase one percent fairly quickly and as much as two percent by the end of the year. To have the same monthly mortgage payment with a one percent higher rate you would need a purchase price about TEN PERCENT LOWER. So waiting for lower prices may be a fool’s errand.

The first-time homebuyer/move-up homebuyer tax credit is due to expire with homes under contract by April 30th, and that close before June 30th. Detailed information on who qualifies can be found here, and you can learn more information from the video below.

So if you’re thinking about a home purchase in the next few years, it’s at least worth having a look now.

Posted by:Brian Hays

Chatham Borough Historical Society

2010-02-02T10:53:00Z

Chatham Borough (and Township) each have their own Historical Society, each dedicated to preserving the past. The Borough Historical Society was founded in 1923, with the mission “to bring together those who are interested in historical matters relating to the settlement and development of Chatham, and to make this material available to the public.”

The society presents programs, hosts an annual dinner for members, publishes a quarterly newsletter, takes oral histories, and gives walking tours of Chatham Borough. They have published several books and publications about Chatham, which are available for sale at the Chatham Public Library on Main Street. The Society researches the history of local houses and documents all findings. One current project is the digitizing of many of the old photos in the archives and creating DVDs of recent programs. They also offer for sale a reproduction from a 1910 map of Chatham Borough, which is printed on acid-free paper, and is approximately 22” by 30”.

The Chatham Historical Society is happy to welcome new members who are interested in helping celebrate Chatham’s rich history, and preserving the town’s historic character.

For details, write to:
Chatham Historical Society
P.O. Box 682
Chatham, NJ 07928

Posted by:Cynthia Edgar

Haiti Relief Benefit in Mendham, NJ February 10, 2010

2010-02-01T23:05:00Z

Come down to Fabrizi Cosmetics, 6 E. Main St., Mendham, NJ on February 10 from 1 - 7 pm for the ‘Come in from the Cold’ Benefit, fundraiser for the Haiti Relief Fund. For a donation of $25, you will be able to preview the hottest trends for Spring 2010 in make up and fashion while enjoying drinks and appetizers. A 15% discount on all products will be offered for this special event. And the first 40 reserved guests receive a gift bag with gift certificates and merchandise valued at over $100 from local participating sponsors Vaz Florist, Para L’Elle Boutique, and Body Secret Personal Training to name a few.

Meaghan’s Meals will be providing a sampling of healthy, low-fat foods from their menu of meals that can be delivered right to your door! There will also be a drawing to win a Vitamin Peel from Etolie Cosmetic Medicine and a stunning piece from JoEllen Jewelers. For more information or to make your reservation, stop in or call Fabrizi Cosmetics at 6 E. Main Street, Mendham, NJ, 973-543-6220.

Posted by:Nicole Atorino

The Meathooks - Live this Weekend

2010-01-29T19:25:00Z

If you’re out and about in Chester or Mendham this weekend, check out The Meathooks, a great local band that is creating a lot of buzz. Formed in 2003 by James Vilade and Brian Wilson from Mendham, the band has a great sound- think ‘Grateful Dead meets Tom Petty, in the form of Soundgarden’. They have a new album in the works so come out see what all the buzz is about! On Friday, Jan. 29th at 7pm, Brian and James will perform an acoustic set at The Publick House, 111 Main Street in Chester. The Publick House is a great spot, the bar area is cozy and their brick oven pizzas are terrific. Saturday, Jan. 30th at 9:30pm, they come home to The Pub at the Black Horse Tavern, 1 W. Main Street in Mendham. The Pub has great atmosphere, great food and is always a good time. For more info visit: www.chesterpublickhouse.com, www.blackhorsenj.com, and www.themeathooks.com.

Posted by:Nicole Atorino

Mendhams Newcomers & Neighbors

2010-01-26T22:28:00Z

The Newcomers and Neighbors of the Mendhams is having an Open House Coffee on January 28th. Why not join them for some coffee and conversation?

Originally formed in 1967 as the Welcome Wagon, this social organization seeks to assist current and new residents of both Mendham Borough and Township in developing friendships and getting acquainted with the community. There are several regularly scheduled activities, either weekly or monthly. They have had a thriving children’s playgroup, Bunco group and Book group and have had some really fun Ladies Nights. They have also hosted such seasonal events as Santa’s Breakfast and a Halloween party. The wine tasting and dinner groups for couples are always well attended

Posted by:Nicole Atorino

The Mendham Borough Integrated Preschool Program

2010-01-22T20:00:00Z

The Mendham Borough Integrated Preschool Program is located in the Mountainview Middle School at 100 Dean Road in Mendham. They are currently offering morning and afternoon sessions for 3-5 year olds. The program is very closely aligned with the Kindergarten curriculum, and the strong teaching staff ‘work closely with individual children to meet their needs in a developmentally appropriate manner’. Many parents who have children with summer birthdays love this program and feel it is an ideal prep for Kindergarten. I have seen many situations where being one of the ‘older kids’ lends a tremendous advantage socially, academically, and physically.

The Integrated Preschool also offers lunch bunch and extended day for parents looking for a full-day program. For more information or to schedule a tour, contact the preschool teacher at 973-543-7075, ext. 247.

Posted by:Nicole Atorino

Gourmet Expressions: a charming restaurant in Mountainville, Tewksbury Township, NJ

2010-01-21T17:47:00Z

I will be writing blogs that will cover a large swath of New Jersey; destinations all within an hour’s drive from Far Hills. My goal is to provide interesting dining experiences and tips on daily trips with an eye on good value. We often overlook wonderful local treasures simply because they are close to home.

One such place is the charming hamlet of Mountainville that is tucked away in Tewksbury Township and is characterized by historic stone houses and farm properties large and small. Bordered by Cokesbury village to the west and Oldwick village on the south one approaches the hamlet from Oldwick on a meandering country road running along the Rockaway Creek. This stream is noted for its fine trout fishing.

Arriving in the heart of Mountainville the quaint establishment Gourmet Expressions sits at the head of Rockaway Road. This charming country restaurant in the center of the sleepy village provides a welcome respite from more suburban haunts. It is owned by a Chef/Manager husband and wife team who provide an array of delicious appetizers, main courses and desserts not to be missed. Open 6 days a week it provides an area in which to read the paper over morning coffee as well as a quiet place to lunch. The dinner hour brings another dimension to the table (pardon the pun) with elegantly presented meals. I am looking forward to sampling their Sunday Brunch.

The atmosphere is friendly and country casual. The food is eclectic American cuisine with frequent menu changes. Shopping for the freshest food is a daily occurrence. The Chef is noted for his creamy risottos and I can vouch for the French onion soup. He is a graduate of the New York Restaurant School in Manhattan and his wife who oversees the day to day details is a graduate of Johnson and Wales. Chances are, when you call for a reservation, which is recommended, it is Jennifer who will book your table. Feel free to bring along your favorite bottle of wine.

One lovely special feature of the cafe is the baker who comes in and prepares her delectable desserts while customers look on. It gives a very homey feel with delicious scents wafting through the air. The wonderful baker has been associated with this couple when they ran a successful restaurant in Middlesex County.

Hours are Tuesday through Saturday 11 am to 9 pm. and Sundays from 9 am till 3 pm. Breakfast is served all day, any day till closing time. Gourmet Expressions also caters and will host your catered parties on or off premises. The restaurant holds 40 guests. One can drive and park on premises or for those lucky to live nearby, the site provides a nice walk to and from. Locals have been doing so for years.

My next subjects will be a Somerset County Library that offers a wide variety of lectures, movies and concerts and the Morris County Museum with a myriad of activities for all ages including an interactive musical exhibit.

Posted by:Catherine Weinstock

The Westmont Montessori School in Mendham, NJ

2010-01-20T16:53:00Z

The Westmont Montessori School is located at 577 Route 24 in Mendham. It offers the Montessori method of education, which ‘fosters children to build upon their own successes, thus building a foundation for future exploration and a love of learning’. Their focus is on fostering a child’s self esteem and independence, with each child progressing at their own developmental level.

The program has been in operation in Mendham since 1964, but moved locations twice before settling in their current facility on Route 24. The building is beautiful, light filled and spacious, with two levels of classroom and activity space, as well as two large areas for outdoor play. In addition to the traditional preschool program, Westmont offers many enrichment programs, such as Movement, Spanish, Music, Science, Art and Cooking. There is also an Extended Day program for parents looking for extra time. A new program being offered is ‘Montessori & Me’ for children 18 months and up.

Westmont is having an Open House on January 23, 2010 from 10:00am-12:00pm. They also offer private tours of the facility. Check out their website by clicking here or give them a call at 908-879-6355.

Posted by:Nicole Atorino

The Mendham, NJ Cooperative Nursery School

2010-01-19T17:05:00Z

The Mendham Cooperative Nursery School is located at 8 Orchard Street in Mendham Borough. It has been in operation since 1959 and was first started as a project of the Mendham Junior Women’s Club. It offers classes for 2½-5 year old children.

The Co-Op has a unique approach to preschool, focusing on early childhood education utilizing parental involvement. Parents play a crucial role in the school’s day to day operation. They support the teacher in various ways, but do not take on a teaching role. The idea behind their program is to foster the connection between children and parents that education is a collaborative process, and with parents in a hands-on role, children develop the confidence and belief that their education is important. There is, however, the opportunity for parents to opt out for an additional fee.

The Co-Op offers a unique program for young toddlers, ages 18 months-2½ years, called ‘Messy Play’. This is a six-week program offered on Friday mornings where parent and toddler come to school to engage in ‘messy’ play and projects. It’s very popular and lots of fun!

For more information about the Co-Op, contact Jane at 973-543-6401 or click here.

Posted by:Nicole Atorino

St. Mark's Preschool

2010-01-13T22:38:00Z

St. Mark’s Preschool is affiliated with St. Mark’s Episcopal Church in Mendham. In operation since 2000, it is their goal to ‘support the development of each child within the Christian faith, offering a curriculum to help them grow into socially, emotionally and spiritually whole people.’ Classes are offered for 2 ½, 3 and 4-year olds in morning sessions or afternoon sessions.

St. Mark’s also offers a Pre-K program for children who turn 5 by the end of October and miss the kindergarten cut off. It is academically based and a great prep for the kindergarten curriculum yet still offers a very nurturing, faith-based environment.

St. Mark’s prides itself on their low student-teacher ratio, with a teacher and assistant in each class. Various enrichment activities are offered in addition to the program, such as; Little Scientist, Kiddie Soccer, Music and Art and the kids love them! The kids also participate in a Thanksgiving feast, Christmas pageant and many local field trips.

The Parents Council is very active and for those parents that want to be more involved in the school and make some new friends! St. Mark’s offers a Lunch and Extended Day Program for the 3 and 4 year olds. My daughter is enrolled in an afternoon session but often enjoys going in for lunch at 11:30. When I need it, I can drop her off at 9 for the morning extended day, she then stays for lunch, goes to her afternoon class and is picked up at 3.

St. Mark’s is located at 11 East Main Street in Mendham. For more information, contact the Director, Caryl Merchiemer at 973-543-7000, or click on the link above.

Posted by:Nicole Atorino

It's Preschool Registration Time in Mendham, NJ - Part 1

2010-01-13T17:30:00Z

Deciding to send your toddler to preschool and where to send them can be a daunting process. In Mendham, there are five very good preschool programs to choose from and it is my goal to educate you on each of them so you can make an informed decision and feel comfortable in choosing the best program for you and your child. As a mother of four, I have had a lot of experience with children and various preschool environments and hope to pass on some of that knowledge to you.

Hilltop Christian Nursery School (HCNS) is a preschool program that has been in operation since 1994 through The First Presbyterian Church of Mendham. It is licensed with the State of New Jersey and each class has one state certified teacher and an assistant. It was created out of the ‘desire to provide the community’s children with a strong educational foundation enriched by Christian values’. HCNS offers programs for 2 ½, 3, and 4-year olds in either a morning session or an afternoon session. For 3 and 4-year olds, there is an opportunity to participate in Lunch Bunch, where the child brings lunch and eats with their friends at school. HCNS offers many additional activities as part of their program, such as a Halloween Parade, Thanksgiving Feast, PJ Pancake Party, Donuts with Dad, Christmas Pageant, Computer Program, Musically Together as well as various field trips throughout the year in and around town. There are plenty of opportunities for parent involvement as well. HCNS has a wonderful playground and is conveniently located right next to Hilltop Elementary School in the heart of town, which makes pick up and drop off so easy.

For more information, contact the Director, Rhona Buzbee, at 973-543-0054.

Posted by:Nicole Atorino

Christmas Tree Bonfire in Mendham Borough

2010-01-08T22:31:00Z

The Mendham Borough Fire Department will host its annual Twelfth Night Celebration and Christmas Tree Bonfire on Sunday, January 10, 2010 at 6:30pm. Mendham Fire Department members will collect Christmas trees from residents’ homes for a donation to the Department. You can also drive your tree down to the Borough Park yourself and add it to the pile. It’s a great family event that also offers an opportunity to catch up with neighbors and friends after the holidays. Hot chocolate and cider will be served.

Please click on the link above to download the pick-up form or contact the Department at 973-543-4682 for more information.

You can also head down to the Mudhole for some ice skating. The pond, just down the road on Mountain Avenue, is lit until 10:00 pm, so bring your skates and hockey sticks! There is also an opportunity to swap skates with an informal skate exchange throughout the weekend.

Posted by:Nicole Atorino

The Villages of Tewksbury: Part 1 - Mountainville

2009-12-07T19:01:00Z

On the northern edge of Hunterdon county, lies the Township of Tewksbury, comprised of several villages surrounded by a rural landscape of farms and wooded hillsides. Nestled in the heart of Tewksbury is the village of Mountainville, so named because it is located in a valley at the confluence of four mountain streams.

In the early 1800’s the village was established with a sawmill, a general store, school, post office and distillery. The latter part of the century saw the growth of the community and hunting became a popular pastime. However, as commercial activity declined, with the development of railroads and highways, Mountainville became a small summer resort. Families purchased some of the old homes and discreetly renovated them, or built new homes on large pieces of property, hence the village maintains its Currier & Ives atmosphere. Social activity now centers around the old general store, now called Gourmet Expressions, which has become a popular local eatery and offers breakfast, lunch and dinner six nights of the week. Weekends see bicyclists and walkers enjoying the quaint ambiance and quiet country roads, bordered by meandering streams.

One of the earliest homesteads in Mountainville is believed to have been the home of Jenny Alpaugh, a local family. Belle Glade is thought to have been originally built in 1803, with several later additions, and over the past few years the property has been lovingly and tastefully restored and renovated. With its rocking chair front porch overlooking the babbling stream on Guinea Hollow Road , this charming antique home is currently one of the best values in Tewksbury . Recognizing the decline in real estate values over the past two years since they first purchased the property, the current owners have priced it at 20% under their purchase price. To view listings in the Tewksbury area, please click here.

Posted by: Valerie Fraser

Friends of the Mendham Borough Library present "Looks for Books"

2009-12-02T15:56:00Z

Come to the Friends first fashion show, Looks for Books, on Thursday, December 3rd. See the new looks for the holiday season from local boutiques Windswept and Para L’elle. Sportswear from Mendham Racket Club’s Pro Shop, Courtside, and new yoga studio, Ecco Life will also be featured. Make-up from local celebrity make-up artist, Carla Fabrizi, jewelry from Red Tops and accessories from Beryl’s Belts are also going to be included. Ticket proceeds and a portion of the sales will benefit the Friends. The event kicks off at 7:00 pm and will be held at a Mendham estate, where champagne and hors d’oeuvres will be served. There will also be a basket and live auction. Tickets are limited and can be purchased at Windswept, Para L’elle and the library for $45.

Mendham has been fortunate enough to maintain a public library since 1797. Begun as the Mendham Library Company, and then transformed into The Literary Club and the Book and Thimble Club, the generous and supportive Mendham community has always made the library a top priority. The Book and Thimble Club was so named because a member of the club would read while others would sew items for a yearly bazaar the funded the library’s collections.

Come out to support the library, it’s sure to be a great event!

Posted by:Nicole Atorino

Unique This Week

2009-11-19T21:39:00Z

Unique This Week: Uncommon Value. This wonderful historic home nestled in the charming village of Mountainville is priced well below what the current owners paid for it in 2007!

Click Here for more detailed information.

Casual Eating In and Around Harding Township, Part Two

2009-11-19T21:23:00Z

It’s always easy to find a formal restaurant in which to eat dinner. Just make a reservation, invite some other people and dress up! But what if you live in Harding Township and want an easy, quick meal? In my previous blog of October 6th, I discussed casual lunch spots around Harding Township. Here, I will talk about dinner options, both sit down and take-out. Remember, the three restaurants I discussed in my first blog also serve dinner!

Again, full disclosure: I like food with taste and creativity and I am not a restaurant critic, just a resident.

Great take-out is always a challenge! La Famiglia Gourmet on Main Street in Mendham offers a unique way to enjoy true Italian food. Tony and Clara Grande of Il Capriccio in Whippany own and manage the store. Click on the hyperlink and explore the mouth-watering menus, or visit them in person and make a selection to take home for lunch or dinner.

For casual dining, try the Bamboo Grille in Basking Ridge. You can enjoy beautiful views of the Basking Ridge Country Club year round, and eat lunch or dinner outside on the patio in the summertime. The menu is filled with great appetizers, salads, entrees, and of course, burgers–don’t forget to check out the specials!

The Black Horse Tavern in Mendham has been serving its guests since 1740. The Pub, located next door, now serves lunch, dinner and brunch and has a sit down menu as well as a to-go menu! Popular offerings such as the Oyster or Clam Bar and an extensive menu can be found there every night!

You can find me at mjbenedetto@turpinrealtors.com.

Posted by:Mary Jane Benedetto

Songwriter, Livingston Taylor, to perform in Chatham

2009-11-19T17:42:00Z

Livingston Taylor will perform in Chatham on Friday, Nov. 20th at 8:00pm at the Stanley Congregational Church at 94 Fairmount Avenue.

He will talk about his life as a recording artist and as a professor at the Berklee College of Music in Boston, Massachusetts. Taylor has been making music for 40 years and has recorded 13 albums. His new CD, Last Alaska Moon, is due for release by the end of this year. He has toured with artists such as Jimmy Buffet, Linda Ronstadt, and Fleetwood Mac. Taylor describes himself as a pop singer. His performances include the piano, guitar, and five-string banjo.

Now a full professor, Taylor lectures at Berklee College. He teaches performing arts in the Boston area (where he was born in 1950). He is the fourth of five children, including his famous brother, singer-songwriter James Taylor. In 1988, Livingston Taylor received the Boston Music Award for outstanding folk artist. He is also the author of two children’s books, published by Harcourt Brace. Taylor was an Artist-in-Residence at Harvard University for five years.

General admission tickets are $15 per person. Tickets are available online at www.stanleychurch.org, or by calling (973) 635-7723.

Posted by:Cynthia Edgar

Positive mortgage news for home buyers

2009-11-17T21:52:00Z

The market has never been better to buy a house and there are several factors contributing to it.

The first is the much publicized Government homebuyer tax credit which has been extended to July 1st, with a house being under contract by April 30th. Recently, Robin Dustow from Wells Fargo Bank (robin.a.dustow@wellsfargo.com), met with us to explain the parameters of this tax credit. It has been enlarged to not only include 1st time home buyers (anyone who has not owned a home for the past 3 years), but also anyone who has lived in their current home for at least the past 5 years. Listed below is the criterion that needs to be met to qualify.

Source: National Association of REALTORS® Government Affairs Division

Congress has extended and expanded the homebuyer tax credit. The modifications in the column labeled “December 1 – April 30, 2010” become effective when President Obama signs the bill. All changes made to the current credit become effective on that date, as well.

The second factor that helps prospective buyers is the loan limits on conforming loans has been extended. The limit is currently $729,750 and was set to expire on Dec 30th. Had it expired, it would have reverted back to $417,000 which means any loan above this amount would be considered a jumbo loan. Jumbo loans are usually harder to obtain and have higher interest rates. The higher loan limits for a conforming loan have been extended until December 31, 2010.

Lastly is the mortgage rate itself, which the government continues to keep artificially low. The chart above shows how historically, when rates have been low, they spike quickly afterwards.

Taking all these factors into consideration, added to house prices being down and still being able to purchase a home with as little as 3.5% down, now is certainly a good time to buy!

Information comes from others and should be verified.

Posted by:Nadine Gelinas-Coffey

Tax Credit Extended for First-Time Home Buyers

2009-11-17T20:18:00Z

On November 6, 2009, Congress passed an extension of the law that gives an $8,000 tax credit to first time home buyers. It was set to expire on November 30, 2009. But this is more than an extension. The new law changes income limits, allows homeowners to receive a credit of up to $6,500 if they purchase a new principle residence, restricts home price, and changes deadlines among other things.

Below is a brief summary and explanation of this news. This writing does not pretend to discuss all qualifications, specifics, and provisions of the law and should not be used as any type of legal or tax advice. (As with all legal and tax related issues, you should consult your tax preparer or lawyer before doing anything).

Income limits: The new limits, which apply to both first-time and repeat buyers who purchase after Nov. 6, are $125,000 to $145,000 for singles and $225,000 to $245,000 for joint filers as reported by the New Jersey Association of Realtors.

Credits: The $8,000 credit for first-time buyers remains, but the law now gives repeat buyers up to $6,500. It requires that they have lived in their home for at least 5 years in a row in an 8 year period.

Home price: There is an $800,000 ceiling on the sale price of the house in order to be eligible.

Deadlines: The house must be under contract by April 30, 2010 and be closed by June 30, 2010.

If you are planning to purchase a new home in the next 6-8 months, I invite you to call me and discuss your options. You may email me at mjbenedetto@turpinrealtors.com or call me at 908-234-9100, x203. The time to buy equals a large inventory plus low mortgage rates plus the tax credit extension!

Posted by:Mary Jane Benedetto

Mendham Borough Home School Association's (HSA) Chili Cook Off

2009-11-11T17:11:00Z

Come on down to the Hilltop Elementary School in Mendham Borough on Saturday, November 14th from 4-7 pm and put your recipe to the test at the HSA’s Chili Cook Off. Judges for the event are Mendham Borough Fire Department Chief, Ed Tenza, former Managing Partner of Chili’s Restaurants, Rick Caminiti, and local celebrity chef, Francis Kennel.

If baking is your thing, enter the best decorated dessert contest. There are also kids’ categories for the budding chefs in your family. A special ‘People’s Choice Award’ will be sure to heat things up–bring your quarters to place your votes!

There will be live music by The Simplest Thing, as well as face painting, relay races, hot dogs, root beer and other fun family activities.

To enter the cook off, go to www.mendhamboro.org for a registration form and guidelines or to RSVP to the event. It’s sure to be a great event, so come hungry!

Posted by:Nicole Atorino

The Hexagon Players

2009-11-03T17:56:00Z

The members of Mendham’s own theater group, The Hexagon Players, are extremely proud to be participating in their 39th consecutive year of productions! This November, the Hexagon Players will perform Roald Dahl’s “Willy Wonka” at the Delbarton School.

Hexagon seeks to provide a high quality community theater experience for both its members and all the residents of the Morris County area. The not-for-profit organization has presented approximately eighty-three productions over the years, with productions being staged at various locations. The Hexagon Players have received many NJACT nominations over the last three years and have recently been awarded the honor of winning “Best Ensemble Actor” in the recent production of “Drop Dead”.

My daughter has enjoyed being featured in some recent productions; Peter Pan and Seussical, and is very excited about her role as an oompa loompa in the upcoming Wonka.

Dates, show times and ticket information for “Willy Wonka” can be found by clicking here. Hexagon strives to provide high quality entertainment and opportunities, both onstage and behind the scenes, for all those interested in the arts. We love having them right here in Mendham and encourage you to come out to see the show!

Posted by:Nicole Atorino

Join us and "Do it for Doyle"

2009-10-30T19:30:00Z

On Sunday, November 1st at 3pm, Kids Care and the Mendham Borough Home School Association (HSA) are sponsoring a two-mile walk for Doyle Hagany, a 10-year old Mendham boy who has recently been diagnosed with T-cell leukemia. The walk will commence at the Mendham Borough Gazebo, at Borough Park. Donations to support Doyle’s treatment fund will be accepted by Dare to Care Alliance for Children. All donations from this event will support Doyle and his family during the course of his treatment and recovery. In addition to direct donations, t-shirts and bracelets are being offered for sale and Girl Scout Troop 1073 will be hosting a bake sale and lemonade stand to raise money for Doyle.

Kids Care is a committee of the HSA where parents and children can participate in community service projects that reach out to members of the local community and beyond. Other successful events sponsored by Kids Care include a drive for soccer equipment distributed to Iraqi children by U.S. soldiers, food, candy and clothing drives for various local shelters and Thanksgiving pie baking and donations to local community soup kitchens.

I am personally participating in the walk for Doyle event with my children and I am so grateful to be part of a community like Mendham where there is so much love and support.

Posted by:Nicole Atorino

Mendham's Harvest Hustle 5k Run

2009-10-22T21:06:00Z

Is there anywhere more beautiful than autumn in northern New Jersey? I don’t think so. Now add to that natural beauty, colonial history, top-rated schools, small town community events, shopping and commuting convenience, and its no wonder this area is so sought-after by homebuyers.

Since I live and work in this beautiful area, I was lucky enough to take part in a local small town event recently here in Mendham—the Harvest Hustle 5k Run.

The Mendham Borough Home & School Association (MBHSA) presented this first-year fundraiser event. The inspiration was to offer a fall outdoor activity with wide appeal for the community, open to participants of all ages. A staunch advocate for this event was Sgt Richard Morales, a Mendham police officer and father of four school-aged children. A runner himself, as well as a DARE officer and EMT member in town, Sgt Morales, designed the race course and addressed town level issues, such as road closures. Sadly, this past April, Sgt. Morales died suddenly of natural causes. His passing was a blow felt throughout the community. The MBHSA decided to dedicate this event in thankful and loving memory to Sgt Richard Morales.

Sgt. Morales’ family and friends were out in force as the Harvest Hustle 5k Run was held Oct 3rd 2009. The day began early and overcast, but the rain held off, and it was neither too hot nor too cold. Although advance registrations were satisfying to the organizers, the day-of-race registrations ballooned to just under 500, securing the Harvest Hustle a place in next year’s events calendar. A matching number of spectators lined the streets of the course to cheer on the runners.

The race began at the Mendham Borough Municipal Park gazebo, wound through the nearby streets for just over 3 miles, and finished at the end of Orchard Street, behind Mountain View School. Prizes were awarded to the top three finishers in each 5-year age group, with the awards ceremony held back at the starting line gazebo.

It was delightful to see runners in their late 70’s…and one runner over 80! (As you might expect, our one 80+ gentleman ran away with the top prize in his age group!) And although most participants lived locally–Mendham, Chester, Long Valley, Randolph, Mt Olive, and Chatham–some were from more distant NJ towns, such as Hackettstown, Summit, Scotch Plains and Hoboken. Surprisingly, there were even participants from outside New Jersey. Among the top finishers were runners from New York, Pennsylvania, Connecticut, Virginia and Georgia!

Additionally, a half-mile “Fun Run” around the borough ball fields, for children 2 years of age and up, was held before the main event. All finishers of that race received a medal to commemorate their achievement.

The Harvest Hustle did what its planners hoped it would do and more. It brought out a large cross-section of the community for a fun outdoor activity. It attracted runners young and old, and from near and far. It involved local businesses, including our Turpin Realtors-Mendham office, as sponsors of goods and services and race day volunteers. And as a fundraiser, it was a huge success, collecting over $10,000. All proceeds will benefit the Mendham Borough HSA educational enrichment goals, with a portion towards a tribute to Sgt Morales.

Turpin-Mendham associates Brian Hays, John Schott and I look forward to volunteering for this fun and worthwhile community event again next fall.

Posted by:Alaina May Pyontek

Mendham Borough School Offers Out of Classroom Learning Experience

2009-10-22T18:27:00Z

Mountain View Middle School, in Mendham Borough, recently embarked on their 6th grade Environmental Education Trip. A 24-year tradition, this trip is a real highlight for the 6th grade class. Students and teachers make their annual trek to Fairview Lake Camp, outside of Stillwater, near Newton, NJ for a three-day expedition into the wild. Fairview is a 600-acre YMCA camp, nestled at the foot of the Kittatinny Mountains in scenic Sussex County and adjoins the 12,000-acre Delaware Water Gap National Recreation Area. For three days and two nights, students are given the opportunity to increase their awareness of the natural world, learning through hands-on activities and classes. One of the main goals is for them to grasp the shared responsibility for care of the environment and another is to foster a connection between themselves as individuals and as part of the natural community. This trip is not only great fun for the kids but also presents the opportunity for them to build appreciation of talents, abilities and character among their peers, something that is not always apparent in the classroom.

Students participate in various workshops and enjoy hiking, boating, crafts and the overall experience of communing with nature. Sleeping in cabins and dining in the mess hall, as well as campfire songs and team skits are some of the things the kids look forward to most. This unique opportunity is one of the many ways that Mendham Borough schools offer a superior educational experience. It also contributed to Mountain View being named a “New Jersey Middle School to Watch” by the New Jersey State Department of Education, an award given to only three middle schools in the entire state.

Posted by:Nicole Atorino

Updating Your Home

2009-10-15T20:46:00Z

Whether you’re a first time home buyer, new to the area, or finally getting around to the laundry list of home improvement changes you’ve been wanting to get to over the past 5-10 years, there are two looming questions to ask yourself; “Will the market value of my home hold up to the money I plan on investing, and who can I turn to make these improvements?”

For the first question, if you are planning a large renovation project, your best option is to talk to a local Realtor who is knowledgeable in your area. They can give you a free market analysis of your home’s value and the value of the homes in the surrounding area.

If it makes financial sense to do the renovations, then there are several places to turn to. If you’ve lived in the area for a long time, the most obvious answer is to ask your friends and neighbors for their recommendations. Even if you are new to the area, keep an eye out for local service vehicles, such as, landscapers, plumbers, electricians, painters, etc. This can lead you to someone who does a lot of work in the area with satisfied customers. When you do contact a company, always ask for several recommendations and follow-up with them. A little due diligence beforehand will save a lot of aggravation later.

Local magazines are a great source of professionals in your area as well.
Design NJ, Hometown Quarterly, Summit, and Jersey Living are a few that are delivered to local homes. But again, these are paid advertisements, so make sure to ask for references.

If you are looking for free help with design tips, your local Pottery Barn usually holds periodic seminars. Local furniture stores may also offer design advice and the rate will be subtracted against your purchase. If you’re in need of some basics, I’ve found IKEA can be a surprisingly good choice for lighting, bedding and small accent pieces i.e. vases and picture frames. There are two in NJ, both within driving distance.

Feeling adventurous? Take a trip to N.Y.C. to ABC Home and Carpet which is always a wonder to explore. Ten floors of space offer a vast array of items ranging from antiques to modern day items. It’s worth the day trip for the design ideas alone!

Posted by: Nadine Gelinas-Coffey

Alstede Farms

2009-10-14T22:55:00Z

Enjoy a great evening of Family Fun at Alstede Farms in Chester, NJ. On October 16th & 17th and again on October 23rd & 24th Alstede is offering Harvest Moon Hayrides and their famous Night Time Corn Maze! For $14.95 per child, $16.95 per adult, you can come out and try your luck at the corn maze (remember to bring your flashlight). A country music DJ, campfire and unlimited hot and cold cider are also included. The pumpkin patch is open as well and you can roast s’mores over the fire.

The theme of this year’s corn maze is the New Jersey Devils, with the maze depicting three players and the NJ Devils logo. There is also a smaller “Goalie” maze for young children and a more challenging “Defensemen and Forward” maze for adults and older children.

The farm is open daily from 10-6pm, and offers a moonbounce, farm animal feeding, and pony rides. Hayrides to the pumpkin patch for pumpkin picking run from 12-5:30pm on weekdays, 10-6pm on weekends. I can’t think of a better way to spend some ‘Fall Family Fun’ than at Alstede Farms.

Posted by:Nicole Atorino

Riamede Farm

2009-10-14T22:46:00Z

A great way to spend a beautiful fall day is apple picking! Riamede Farm, located in Chester has 35 acres of apple trees ready for picking. With over 30 varieties to choose from, such as Gala, Red and Golden Delicious, Macintosh and Fuji, you’ll be sure to find the perfect apple for your favorite apple pie or apple crisp recipe.

Riamede is open seven days a week, from 9:00am to 4:30pm and offers free hayrides through the orchard on weekends. You can purchase apple-picking bags or bring your own. Riamede also hosts school, youth and other organized groups during the week.

Riamede Farm participates in the Farmers Against Hunger Program as well. Through volunteers, surplus fruits and vegetables are collected and distributed to local organizations serving the needy. Each year nearly 1,000 volunteers come out to the fields to help collect the fallen apples on the ground, a process called gleaning. What a great way to give to the needy and foster a sense of volunteerism in the community. Open since 1974, Riamede farm has been the place to go to get the best apples, so head out to Chester today!

Posted by:Nicole Atorino

Chatham Recreation

2009-10-09T21:29:00Z

If you love sports and the great outdoors, Chatham is the town for you!

The town offers several parks:

Shepard Kollock Park provides a covered picnic area, an all-purpose field (for baseball, softball, field hockey, and lacrosse), a playground and a boat launch onto the Passaic River.

Memorial Park offers a tree-covered playground, fields for baseball, softball, basketball courts, picnic tables, and a town swimming pool (membership to the Chatham Borough Municipal Pool is available to town residents).

Garden Park is located off Main Street and provides 6 tennis courts, tennis practice boards, basketball courts, and a playground area.

Stanley Park, located on River Road on the Passaic River, features a picnic area and walking paths along the river.

Lum Avenue Park offers a new “turf” field for lacrosse, football, field hockey, and soccer.

Chatham Borough participates in McArp (Morris County Adaptive Recreation Program), which offers golf permits to the Millburn Par 3 Golf Course, and assists with the funding of items for the Chatham Wrestling Club, the Chatham Community Band, and the Senior Citizens Club of the Chathams.

Posted by:Cynthia Edgar

Questions about Peapack/Gladstone?

2009-10-08T19:47:00Z

As you have previously read, I have been a Realtor® for 18 years servicing the communities of Somerset, Morris and Hunterdon counties. Since writing blogs about Peapack/Gladstone, I continue to receive questions about this lovely town. One question that seems to be on the minds of many potential buyers is, “How safe is it to live in Peapack/Gladstone?” A friend and neighbor reminded me that a few years ago Money Magazine ran an article about Peapack/Gladstone that stated, “It’s one of the best places to live”. Safety was one of the prime determining factors of their analysis. So, to answer the question about safety, Peapack/Gladstone is one of the safest places to live.

I spoke to the Chief of Police, Greg Skinner, the other day to confirm that fact. Chief Skinner actually grew up in the Twin Boroughs and attended the public schools. His love for the town motivated him to raise his children here and work here. His admiration for the town and its residents has made him an exemplary officer with the determination to maintain Peapack/Gladstone’s excellent reputation. He has a full-time staff of seven officers and two part-time officers. His full-time administrator, Gina, has worked for the town police for 19 years.

Most buyers are concerned with safety factors when looking for a town to live in. If this is your most important criteria when buying a home, then Peapack/Gladstone is the town for you.

I look forward to answering more questions in my next blog. Please feel free to contact me at bwilgus@turpinrealtors.com, or on my cell at 908-930-8495.

Posted by:Bella Wilgus

Casual Eating In and Around Harding Township

2009-10-06T20:52:00Z

Thinking of living in Harding Township? You have probably asked about the ease and accessibility of NYC transportation, the low taxes, and the country lifestyle. You may have even asked where the closest grocery store is for that bottle of milk. However, one important question remains: Where can I get a really good, quick bite to eat for lunch or dinner? Are there places I can pick up take-out that isn’t pizza or fried food?

Full disclosure: I like food with taste and creativity and I am not a restaurant critic, just a resident.

Let’s start with lunch, but keep in mind that dinner is also available at the restaurants mentioned below.

Dukes Café and Grill and the Wild Goose Market just opened in the heart of New Vernon next to the Post Office on Village Road. This is not a new enterprise having recently been relocated from Basking Ridge. The menu is great for people who want to grab a quick bite between appointments, school pickup, as well as anyone who wants a convenient place to eat on lunch hour. There are lots of salads, several burgers, paninis, and of course, pizza!

Just down the road on Rte. 202 is the Olde Mill Inn and Grain House Restaurant. There are three areas in which to enjoy your food: the main dining room, the bar, and weather permitting, outside on the patio. The menu is filled with interesting sandwiches, entrees, and salads.

Tsuki is a Japanese restaurant that prides itself on culinary invention and great taste. Zagat rates it a 22! Don’t miss the specials by the door when you come in! Tsuki takes reservations, but be sure to ask for a booth if you want one. Tsuki is located a few minutes away in Bernardsville, across from the railroad tracks.

I will talk about dinner opportunities, including takeout, next week. You can find me at mjbenedetto@turpinrealtors.com.

Posted by:Mary Jane Benedetto

“Journey Through the Past” Weekend

2009-10-05T21:40:00Z

Discover a bit of Somerset County history during the “Journey Through the Past” weekend to be held Oct. 10th-11th. The Somerset County Cultural and Heritage Commission coordinated the free two-day event which includes 27 of the county’s most significant historical sites.

The Northern Somerset County tour travels through the Watchung Mountains. Don’t miss the Jacobus Vanderveer House, located on route 202/206 in Bedminster Township. The house was originally built in 1743 in a Dutch frame house style, typical to the area at the time and later enlarged in the Federal style. In 1995, it was placed on the National Register of Historic Places.

Nearby is the Pluckemin Artillery Park, America’s first artillery and training camp and site of the Continental Army overseen by General Henry Knox during 1778. An archaeological dig of the area unearthed 190,000 artifacts which will be displayed on a rotation basis in the museum. Weekend activities will include an open house, live demonstrations, re-enactments and lectures. For more information, follow the above links to their websites.

The Central tour follows Old York Road, one of Somerset County’s oldest roads. Of the 12 stops along this route, my favorite is the Somerset County Historical Court House.. The architectural details are in the Beaux-Arts Classicism style, popular at the turn of the century. The court house was made famous by Theodore Roosevelt campaigning here in 1904 and the widely covered Hall-Mills murder trial in 1927. The Southern tour follows the Millstone River and the D&R canal. The tow path along the canal offers a picturesque opportunity for a leisurely stroll. Make sure to stop at the Old Millstone Forge, Blacksmith Shop and Museum where demonstrations of early blacksmith techniques and a lecture on the history of Early American Forges will be available.

Posted by: Nadine Gelinas-Coffey

Bernards Township Real Estate

2009-09-29T17:02:00Z

Over the past year there has been no shortage of commentary on the state of America’s faltering housing market. Thankfully, in recent months the good news seems to be outweighing the bad. In Bernards Township, however, which includes the villages of Liberty Corner and Basking Ridge, real estate sales have actually been on the rise.

In the above chart the pink line represents contract sales by quarter for 2009, and so far sales in Basking Ridge are running about 8.5% above 2008, year to date. What is it about this town that allows its real estate market to flourish while other’s founder? There are likely several answers to that question, including its perennially outstanding schools, excellent proximity to both routes 287 and 78, train access to Manhattan, a diverse selection of housing options from revolutionary-era Colonials to condominiums in The Hills, and a vibrant and charming downtown area in Basking Ridge.

Perhaps the most critical factor to the town’s continued stability is the relative affordability of the homes. The average sale price in the 3rd quarter, 2009, was $600,000. Down 11% from the 3rd quarter 2008, it looks like a deal compared with neighboring towns (next door, Bernardsville’s average YTD sale price is $940,000).

Sale Prices (in thousands) by Quarter

While Bernards Township has bucked the trend as far as sales activity, it has not escaped the depreciation that is prevalent throughout the nation’s real estate market. Year to date sale prices are down approximately 13% over the same period last year. While this is certainly a significant decrease, all of the wonderful attributes of this town have saved it from the far greater depreciation seen in so many towns.

Posted by: John Turpin

Our Home's History

2009-09-24T16:21:00Z

After my last blog about discovering the history of a home through research, I came face to face with my own. On a busy Sunday morning as I was shuttling my children to and from their activities and heading to work, I walked out to deposit some items into my car and noticed a car at the bottom of my driveway. The driver and a young girl gave a friendly wave and as I walked closer, they asked if my last name was Coffey. When I said it was, the driver replied that he had sold me the house 14 years earlier.

I remember the couple we bought the house from and recalled how nice they were. As a young couple expecting our first child we had fallen in love with the house and bought it in a weekend- yes, we are the exception!

I invited the father and daughter in to see the house where they had once lived. We exchanged tidbits about our life and what has happened over the past 14 years. The daughter, now 16, was only 2 when she left the house and my two children, now 10 and 13 were yet to be born. My children were introduced to them and I think they found it a bit surreal to realize these people had lived in our home before them. The father reminisced about the way the house once was and I was proud to show him the changes we had made over the years, but with the hesitant hope that he would approve. They were grateful for being able to come back for a glimpse of their past and I was happy to have them see how we have made the house our home.

Later that evening during dinner, my children and I were discussing how interesting it was to have had them stop by. It suddenly made me realize that one day, I or my children might find ourselves in the same position as they did. We don’t ever own a house; we just live in it and leave our mark on it from the changes we make. We can only hope that the people we pass it on to, cherish it and build as many great memories in it as we did!

Posted by: Nadine Gelinas-Coffey

Questions about Peapack/Gladstone, Part Two

2009-09-24T15:56:00Z

Pursuant to my previous blog, I have been fortunate to serve the real estate needs of communities in Somerset, Morris and Hunterdon for the past 18 years. I would like to continue to answer questions about the Twin Boroughs of Peapack/Gladstone.

I met one of my clients who purchased a home in town several years ago, and she told me that her family could not be happier. Peapack/Gladstone had quickly become the town they had always dreamed of living in. Her children are doing well in the Somerset Hills School District and since they range in age, she is able to see their experiences at Bedwell Elementary School, Bernardsville Middle School and Bernards High School. The commute to Bernardsville is minimal and fun, especially for her son in high school who has opted to take the train.

A centerpiece of the town is Liberty Park, where her children ice skate in the winter and she and her husband enjoy leisurely nights listening to music at the weekly summer concerts. The Peapack/Gladstone Library,, located in the municipal complex, has adult and children’s programs, and is part of the Somerset Country Library System in Bridgewater.

Peapack/Gladstone’s 5.9 square miles is a mix of home values but is unified in town spirit and pride. The wealthy, socially prominent people of the late 1890’s and early twentieth century built their lavish estates here, such as the George R. Mosle estate which is now the home of the Sisters of St. John The Baptist; Blairsden, the estate of C. Ledyard Blair; Natirar, the estate built for Walter G. Ladd; and Hamilton Farm, built for James Cox Brady. There are a myriad of estate neighborhoods, old and new, that enrich the town of Peapack/Gladstone. Several lovely estates are available for sale at this time.

I look forward to answering more questions in my next blog. Please do not hesitate to contact me at bwilgus@turpinrealtors.com or on my cell at 908-930-8495.

Posted by:Bella Wilgus

Questions about Peapack/Gladstone, Part One

2009-09-22T22:01:00Z

As a Realtor for 18 years, I have helped serve the real estate needs of many citizens within the lovely counties of Somerset, Morris and Hunterdon. I am often asked questions about various towns. One town in particular,

Peapack/Gladstone, is where my husband Jim and I raised our daughter, Wendy, and son Jimmy, and have resided for the past 31 years. Referred to as the Twin Boroughs, it is located in the Northeast corner of Somerset County with excellent schools and an easy commute to New York City. Peapack is the original Indian name given by the Lenni Lenape Indians. Around 1890, a resident suggested that part of the town be named after Prime Minister Gladstone. Thus, the name Peapack/Gladstone was born.

The other day a neighbor, who has lived in town for 5 years, asked me where the town’s boundaries were located. A simple way to determine this is to look at the front of the Peapack/Gladstone Bank on Main Street. Gladstone is the village at the left of the bank and Peapack is the town situated on the right.

Fall is a fabulous time of year to visit Peapack/Gladstone because the foliage is absolutely wonderful. Driving through town you will pass the many charming antique homes surrounded by majestic shade trees exploding with fall colors. Many of these homes reveal the early settlement of the town which is estimated to be around 1701.

I look forward to answering more questions in my next blog. Please do not hesitate to contact me at bwilgus@turpinrealtors.com or on my cell at 908-930-8495.

Posted by:Bella Wilgus

Prepare Your Home to Sell in Fall 2009, Part Two

2009-09-16T16:27:00Z

Last week I discussed how to prepare the exterior of your home for selling this fall. Now, let’s move into the interior.

I know you are comfortable with the way your house looks- after all, you live there! However, not all potential buyers may feel as you do. They will know immediately if your open floor plan or main-floor master is wrong for them. But, if the great layout or number of bedrooms, etc. is overshadowed by your possessions or decorating style, they may not be able to envision themselves living in your house. The idea of walking through the house should make them feel comfortable.

First, remove all clutter. Your collections, knick knacks, and magazines are important to you, but may only distract the buyer whether he or she likes them or not. This is the most effective and least expensive way to prepare the inside! Pack them up; don’t shove them into drawers and cabinets, as the buyer will open them!

Second, clean out your closets, shelves, and drawers and then organize them. For example, line up the clothes by color in their category (i.e. skirts, pants, etc.) or arrange non-clothes closets by category (i.e. all napkins on one shelf.) The simple appearance of organized neatness implies a well-maintained home.

Third, re-arrange the furniture. Make sure that it’s positioned so that the buyers can easily walk into or through a room. Proper placement will ensure greater space within the room. Remove excess pieces that take up space or pieces that are not well-kept and store them in the basement. Use each room for its original use, a pool table in the living room implies that the living room is wasted space and you had to find something to do with it. Make sure the lighting is adequate to see the room.

Fourth, spruce up. Take one room at a time and carefully evaluate items that look worn, in a state of disrepair, or dated. This will take the most time, and possibly require some expense. Remember, it’s crucial that your buyer feel that you have maintained your home. Broken blinds, cracked tiles, or worn upholstery won’t convey that feeling. Keep the interior neutral; remove wallpaper or flashy paint colors that may prove too busy.

Throughout your preparation process, use your agent as a sounding board; ask her or him to be honest with you about what needs to be done or what you have done. You have hired a professional- experience is the best teacher!

Posted by:Mary Jane Benedetto

Chatham’s Annual “Green Fair”

2009-09-08T20:59:00Z

Chatham will hold its annual “Green Fair” on Saturday, September 12, 2009, at the Gazebo in Chatham Borough next to the train station. The fair will be held from 9:00 AM to 3:00 PM, rain or shine.

According to Lee Byrd, Borough Environmental Commission Chairman, this fair is a “great opportunity for local residents to see first hand what renewable energy is all about and learn ways to adopt a greener lifestyle.”

Many “green” vendors and contractors will display their earth-friendly products and services. Local environmental organizations will be there to show how to get involved both locally and globally. People can learn about alternative energy sources for the home, such as solar and geo-thermal energy. You can also learn how to take care of your lawn and house without the use of chemicals.

In addition, there will be many fun activities and entertainment for children during the day. The Chatham Farmer’s Market will be taking place at the same time across the street in the train station parking lot, and the Chatham Chamber of Commerce will be holding a sidewalk sale.

Posted by:Cynthia Edgar

Fall Market 2009

2009-08-31T20:30:00Z

First of all, I hope you have had a great summer!

Real estate sales have risen for six straight months in the State of New Jersey, which is stronger than the national increase, according to Jeff Otteau of the Otteau Valuation Group in his June 2009 “The Otteau Report.” This has been spurred by a rise in new home sales, low interest rates, and the $8,000 first-time home buyer credit.

While we are surely not out of the real estate woods, potential buyers and sellers are showing more optimism than this time last year. If you are one of those potential buyers or sellers, this may be the time to put your house on the market or to start seriously looking. The spring market is historically the biggest market, but there is a lot to be said for the fall market, smaller only due to the shorter time period.

If you are a buyer, homes that were listed in the spring at a high price might be negotiated down successfully to a price you are happy with. If you are a seller, fresh, well-priced inventory is always welcome to the serious buyer.

As a sales associate with Turpin, I invite you to call me and discuss your options, whether buyer or seller. I can show you what has happened in your community in 2008 vs. 2009, as well as provide you with information on active and sold inventory. This type of factual information will help you make the right buying or listing decision. You may email me at mjbenedetto@turpinrealtors.com or call me at 908-234-9100, x203.

Looking forward to meeting with you!

Posted by:Mary Jane Benedetto

Prepare Your Home to Sell in Fall 2009!

2009-08-31T20:21:00Z

Deciding to sell your home is the beginning of a process that consists of many steps. One of the most crucial is preparing your home for prospective buyers to see. As we are in a “buyer’s market” cycle, the smallest negative can completely turn your buyer’s head in the opposite direction. Unfortunately, those are the items that never make it to the feedback level!

There are two stages to this preparation process. In this blog, I will talk about the “big picture” items that will need to be addressed so that potential buyers don’t feel that they will have to fix your problems. Next week, I will talk about the more cosmetic issues that help, so please check back!

While walking around your house, buyers will ask questions that pertain to the general upkeep and maintenance of your home. It is very helpful if the agent has your Seller’s Disclosure in hand and can report immediately about an item’s age or when a system was serviced or repaired. Unless you want to list your house “as is” and price it accordingly, a little up-front elbow grease always pays off.

Let’s start at the beginning. When the buyer drives up to your home, make sure that there is no peeling paint, shutters are firmly affixed, and the grass and shrubs are well trimmed and healthy looking. Kill the weeds! The driveway and walkway to the front door are the second impression. Repair potholes and broken cement. Is the front door and surrounding entryway freshly painted and swept clean? If you are using a lock box, does the key turn easily, or will the agent have to struggle to get in?

Once the buyer is in the house, the questions will start. It’s the answers that will keep them focused on your wonderful home instead of potential problems. Make a checklist of all the inspections and repairs that have been performed as well as possible concerns that your house may currently have. The list should include chimney and septic cleaning, inspections, repair of furnaces, air conditioning, sprinkler systems, radon systems, pools and wells. Don’t forget your kitchen appliances! Decide if that old hot water heater should be replaced, the electrical box needs repair, or the automatic garage doors need servicing. Remember, anything not working will appear on the inspection report, and you may have to negotiate the repair or the price of the repair.

Next week, I’ll discuss the cosmetic portion of preparing your home. Check back!

Posted by:Mary Jane Benedetto

Chatham Community Theater

2009-08-20T20:22:00Z

Chatham, New Jersey has its very own theatre, where live productions of Broadway plays (and original works) are performed each season by the Chatham Community Players.

Many local residents participate in the productions. The Players began in 1922 at the Parish House of St. Paul’s Episcopal Church in Chatham. Their first production was “the Finger of God,” followed by the balcony scene from “Romeo and Juliet.” In 1930, the Players moved to the Lum Avenue School. Props and scenery were stored in a barn on Fairmount Avenue, until it burned down in 1948.

In the early 1960’s, the Players moved again to Chatham High School, and stored props and scenery at the Chatham Women’s Club on the corner of Washington Avenue and Main Street. Finally, in 1967, they purchased the American Legion Hall on North Passaic Avenue, where they are located today. They completely renovated the space, and opened their doors for great community theater!

The original mission of the Chatham Community Players was to “produce high quality theater for a diverse audience, while elevating the standard of excellence, and providing a creative outlet with educational opportunities and outreach programs.” Today, the Players consist of five different groups: The Chatham Players Mainstage, Fantasy Theater, Jersey Voices, Outreach, and the Joint Theater (Intern) Program.

Funding for the Chatham Community Players has been made possible in part by funds from the Arts Council of Morris Area through the New Jersey Council on the Arts.

Posted by:Cynthia Edgar

Discovering History in Homes

2009-08-20T19:41:00Z

When previewing homes around Morris and Somerset counties, I am always intrigued by the history behind older homes. What architect designed them and who built them? Were the materials imported or was the stone dug from a nearby quarry? What did life hold for the families that lived within the walls of this house? In grand old homes, were there staff quarters as expected back then and massive kitchens? Were there fancy parties with prominent guests?

Every family usually makes changes to a house, small or large, they alone give us a glimpse into the way people lived at that point in history. Screened porches or sleeping rooms that were once fashionable, before HVAC, have morphed into enclosed rooms, conservatories or removed altogether to make room for a new addition. Cellars, once thought to be cold storage spaces for wintering food, have now become a myriad of things–children’s play rooms, bar/entertainment rooms, spas, bowling alleys, or personal home theatres.

The size of a home has always been a sign of wealth and the new massive home construction of recent years has certainly been following that trend. There are advantages to a new home and a lot of the exquisite details from yesteryear can be reproduced at a hefty cost. However, there is nothing quite like the history and unique qualities of an older home! For more information on the history of homes in your area, contact your local historical society.

You might be amazed to find out something about your house!

Chatham historical society
Madison Historical Society-Kate Malcolm 973-377-0722
Harding Historical Society-Ms. Linda Meister, President, 973-292-3661
Morris County Historical Society
The Historical Society of the Somerset Hills
Chester Historical Society

If you are interested in previewing any of the historical homes currently represented by Turpin, you can contact me via our website at www.turpinrealestate.com.

Posted by:Nadine Gelinas-Coffey

Note to Home Sellers...

2009-08-19T15:36:00Z

Just in case you’ve been hearing a lot of good real estate news lately, here’s what it means to you, the home seller.

Yes, the market conditions have improved over a year ago. Contract sales have increased. Buyers are buying. But there is still much inventory to sell off before we reach the supply and demand levels at which home prices begin to increase. The good news is that we are at an 8 month supply level now, compared to a 12 month supply at the start of the year.

While contract sales have steadily increased for the first 6 months of 2009—the first time in 3-4 years–so too has the inventory, as pent-up sellers move to the market. The forecast is that following a long flat period, during which inventory is sold off at “bottom” prices, we will slowly see a return to a normal balance of supply and demand and begin to see increases in home values by 2012.

Therefore, for the long haul, price remains the biggest advantage a seller can offer over the competition. All challenges and objections can be overcome with price. In other words…the best price wins.

But if you have your heart set on 2005-2006 peak home values, hang in there…we expect prices to return to peak levels by 2020.

Feel free to contact me for your real estate needs. I can be reached at 973-543-7400 ext. 19 or ampyontek@turpinrealtors.com.

Posted by: Alaina May Pyontek

Local Farmer's Markets

2009-08-12T16:39:00Z

In an effort to “go green” and eat fresher food, many people are shopping at local Farmer’s Markets. These Farmer’s Markets provide conventionally and organically grown “Jersey Fresh” fruits and vegetables to the local community. They benefit the consumer by offering locally harvested fresh fruits and vegetables that are naturally more flavorful and nutritious. They also benefit the community by drawing residents to the downtown area, thus strengthening the town-spirit through the market place. The Farmer’s Markets reduce the food miles between the field and table, thus lowering carbon emissions. By featuring organic produce, the amount of pesticides and fertilizers entering our local waterways is reduced, thereby improving many fragile ecosystems.

Many towns are now offering Farmer’s Markets…..here are a few:

Chatham Borough Farmer’s Market – Every Saturday through October from 8 AM to 1 PM, located at the Railroad Station on Fairmount Avenue.

Madison Farmer’s Market I – Every Thursday at Madison High School from 3:30PM to 7:30PM.

Madison Farmer’s Market 2 – Every Thursday at the Madison Community Pool from 3:30PM to 7:30 PM.

Summit Farmer’s Market – Every Sunday at the parking lot on the corner of DeForest Avenue and Beechwood from 9 AM to 2 PM.

Posted by:Cynthia Edgar

Somerset Hills Real Estate Market Update

2009-07-16T20:16:00Z

Here in the Somerset Hills (which for the purposes of this article we will very loosely define as Bedminster, Bernardsville, Far Hills, Bernards Twp, Tewksbury, the Chesters the Mendhams and Harding Twp) the real estate market has certainly picked up. While we have become accustomed to experiencing a spring market as early as January or February in recent years, it wasn’t until April of 2009 that we began to see an increase in contract activity. The improvement in the real estate market between the 1st and 2nd quarters of 2009 is striking and includes a number of other encouraging signs too.

Most notably, contract sales in the 2nd quarter of this year have almost doubled from the 1st Quarter. In Q1 there were a total of 167 sales, as compared with 321 in Q2. Lest we attribute the increase simply to a seasonal pattern, in 2008 there were 209 sales in Q1 and 307 in Q2, and in 2007 the numbers were 316 and 405 respectively. So while we are accustomed to seeing an increase in contract activity between the 1st and 2nd quarters, this year’s increase has been significantly more dramatic. Before you break out the champagne, keep in mind that transactions YTD are still running approximately 6% below our 2008 numbers and almost 50% below 2007.

In several other areas the performance of our real estate market also improved, including average sales price, days on market and sale price to list price ratio. Average sales price went from $568,184 in Q1 to $687,778 in Q2. Average days on market for homes that have closed declined from 101 days to 96, while the percentage of final list price achieved went from 92% to 93.4%. While these changes are small, they do reflect a positive trend in the market.

This good news is a welcome reprieve from the slide we have been experiencing for years in the New Jersey real estate market, but it is important to keep in mind that with inventory levels still so high, it may be many more months before we hit bottom and prices begin to stabilize. The good news is that for now it looks like we are headed in the right direction.

Posted by: John Turpin