Tavistock Mays Landing NJ Finally Has Streets Paved After 10 + Years.

Tavistock is a fantastic 55+ community in Mays Landing NJ in Atlantic County.  The community is just off of Route 40 and about 10 minute from the regional shopping area.  Tavistock homes were built in the early to mid 2000s however the builder went belly up and never finished the final layer of pavement on the streets.  The streets were left incomplete until just recently.

Tavistock is one of the best values for 55+ homes.  The homes range from $150,000-$250,000 and have taxes around $5,000 per year and a low home owners association fee of $135.00 per month.  There are twin homes and detached single family homes for sale.  Tavistock has a lovely club house and no pool.  The lack of the pool helps the community keep their association fee low.  Now with the newly paved road it makes it a great time to buy and sell in Tavistock.

To learn more about Tavistock.  Please contact us below.

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New Construction Homes For Sale In Mays Landing, NJ

New home ownership is more affordable than you may think.

If you’re looking for a new home now is a great time to buy a brand new home.  We work with several new national and local home builders to help you find the right community and the right location.  Several of our home builders are offering homes in the low to mid $200,000 price range.  This price range is very competitive with resale homes.  So for around the same price as a resale home you can buy a brand new energy efficient home with a 10 year warranty.

Our featured new home community is Artists Walk by Ryan Homes in Mays Landing, NJ.  These homes are packed with all the features buyers want at a reasonable price.  Visit our Artists Walk page for my depth video tours of each of the model homes.  Contact us for a free consultation.  With just a few quick questions we can help determine the best option and community for you.  Best wishes, Matt

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Woods Landing Homes, Mays Landing NJ’s best 55+ community

If you're looking for a 55+ community in Mays Landing consider Woods Landing

There are three 55 and over communities in Mays Landing and if I had to choose the best one I would say Woods Landing is the winner.  Woods Landing is a community of detached single family homes located in Hamilton Township(Mays Landing) Atlantic County NJ.  The original homes were build by Kara homes around 2006 and Fernmoor Homes took over the community and is currently building new homes.  Woods Landing has a fantastic club house with game rooms, fitness center and outdoor heated pool.  Many of the homes are very large with 3 full bedrooms and 3 full baths.  Home sizes range from 1,500 square feet to 3,000 square feet.  Contact me for more details on this community and other communities in the area.

Real Estate Market Update For Mays Landing, NJ

Here is the latest update for the real estate market for Mays Landing, Hamilton Township, NJ Atlantic County

So first let me say that this update is for Hamilton Township (AKA Mays Landing), Atlantic County, NJ.  There are two Hamilton Townships in NJ so if you are looking for Atlantic County in South Jersey you’ve come to the right place!  Mays Landing is located about 20 minutes east of Atlantic City and Ocean City.  Mays Landing is also the regional shopping and retail hub of the county and home to The Hamilton Mall and many other strip centers and chain restaurants.

Here is an update for the Hamilton Township real estate market.  New listings were down slightly for December.  Closed sales were up.  Days on market was down to just 63 days.  The median sales price was lower for the month however it is up 14% year to date to a median sales price of $173,250.

This report also takes a look at condos and townhomes in Mays Landing.  New listings were down for the month and median sales price is up 21%.  Monthly supply of inventory is up slightly to 6 months.


If you or someone you know is thinking of buying or selling real estate in Mays Landing please let us know. We can help them analyze the real estate market in their neighborhood to see if this is a good time to buy or sell for them.

New Listing: 2403 Lahn Lane, Mays Landing, NJ 08330

4 bed, 2.5 bath, executive home for sale on an acre in fantastic Hamilton Walk.

I just listed a lovely home for sale.  It’s located at 2403 Lahn Lane, Mays Landing, NJ 08330.  The home is located in the fantastic executive Hamilton Walk community.  It features a 1 acre private lot yet close to major roadways and shopping. The neighborhood is just down the street from the Atlantic City International Airport, FAA Technical Center, Air National Guard and Coast Guard.  It’s also a short drive to Atlantic City and less than a mile to the Expressway East and West ramp toward Philadelphia.

The home features a great layout with Game room/family room, office, dining room and great room with updated eat in kitchen and family room. Newer stainless steel appliance, granite countertops in the kitchen and laminate wood floors throughout first floor. Bonus room on the 1st floor currently used as 4th bedroom. Master suite has his and hers closets and large master bath. Large outdoor deck with built in bench seating. Fantastic back yard. This home and grounds are beautifully maintained.  The list price is $268,000.  Contact me for details or to schedule a showing.

Market Statistics For Atlantic County, NJ 2016

I have several clients investing in real estate in this market.  Prices are low inventory is high and it’s a great market to buy and hold.  I also have investors looking to flip properties.  I’ve put together some interesting statistics that should be helpful for people looking to invest in the Atlantic County, NJ real estate market.

Market statistics as of 12/22/16 For Atlantic County NJ

City Number of sales In 2016 Year to Date # of homes for sale # sold/month % sold/month
Galloway 349 311 29.08 9.35%
Absecon 122 98 10.17 10.37%
Port Republic 9 7 0.75 10.71%
Egg Harbor Twp 548 362 45.67 12.62%
Hamilton Twp 278 219 23.17 10.58%
Somers Point 127 86 10.58 12.31%
Northfield 130 84 10.83 12.90%
Linwood 98 85 8.17 9.61%
Pleasantville 224 121 18.67 15.43%

Sunset, Port Republic, NJ

This first chart shows some of the mainland areas, the number of homes sold and % of homes that sold.  The highest % sold was Pleasantville at 15.43%.  Pleasantville was followed by Northfield, Egg Harbor Township and Somers Point.

It’s also interesting to look at the number of sales in certain price ranges to see what price ranges have been selling the most.  Homes in the $150,000-$200,000 are selling most followed by $200,000-$250,000.

 

Sold Price Number of sales by price point
0-50k 94
50-100k 214
100-150k 307
150-200k 468
200-250k 350
250-300k 159
300-350k 56
350k-400k 33
400-450k 23
450-500k 16
500-550k 7
550+ 10

*Includes these areas: Galloway, Absecon, Port Republic, Egg Harbor Twp,
Hamilton Twp, Somers Point, Northfield, Linwood

I also get asked frequently how long it’s taking to sell homes so I broke that out based on the number of bedrooms.  Three bedroom homes are selling faster.  This is most likely due to their lower price point.

3 bedroom Average 71 days on market
4 bedroom average 91 days on market

Now is a great time to buy, sell and invest in real estate in Atlantic County.  Contact us for a free consultation to help you evaluate your opportunities in today’s market.  Matt

What’s Your Home Worth in a Declining Market?

Here’s a quick note to let you know how I can help you—or anyone you feel comfortable introducing me to.

It’s no secret that parts of our area are experiencing declines in the real estate market. Home prices are not going up for many area.  Take a look at the charts showing the Mainland area real estate market (Galloway, Egg Harbor Township, Northfield, Pleasantville, Absecon, Port Republic, Egg Harbor City, Mullica Township, Hammonton, Linwood, Northfield, Somers Point, Beuna and Hamilton Township.)  A healthy real estate market depends on a balance of buyers and sellers being able to move in and out of the market.  Right now we are seeing a buyer’s market in the mainland communities.

CMM_Report_SupplyAndDemand_chart CMM_Report_UnitsExpired_chart CMM_Report_UnitsForSale_chart CMM_Report_UnitsSold_chart CMM_Report_SoldForSaleMedianPrice_chart For sellers, the implication is that they will need to price their homes more competitively. A competitive price will attract more interest than a higher price. In the end, the higher priced property usually sells for the same as the competitively priced home, but just takes longer to sell.

If you or someone you know is thinking about selling, contact me to get a price analysis to help plan your sale: 609-338-3773. Also ask for a copy of my free report, How Sellers Price Their Homes.

Matthew Haviland, Your Real Estate Consultant For Life Keller Williams Realty Atlantic Shore 609-484-9890 ext 132

P.S. Do you know someone else who’s thinking about selling their home? Please introduce us so that I can help them get the most money possible from the sale