Real estate trends, community events and other stuff happening in Branchburg.

Archives for July, 2010

Branchburg Closed Sales: June 1 to June 30, 2010

Twenty this month. You can thank the 8K rope-a-dope tax credit for that:
6 Apache $336,000
416 Azalea $218,500
3 Birch $627,000
1613 Breckenridge $222,500
14 Cascades $510,000
620 Case $320,000
105 Choctaw Ridge $370,000
129 Howell $528,000
305 Kelly $619,000
3343 Lukes Pond $580,000 (short sale)
101 N Branch River Rd $310,000
114 N Branch River Rd $345,000
115 N Branch River Rd $365,000
118 N Branch …

Doh!

Doh!

Here’s another example of magical thinking. It’s a nice enough house…clean, updated kitchen, beautiful pool…but it was built in 1973 and has the limitations you’d expect of such a home. Unfortunately, the seller priced it out of the box at $539,000, thinking that the neighborhood had entered a time warp and traveled back …