***Please note that we pull these Maplewood and South Orange home sale prices and stats from the GSMLS statistics, so "Original Listing Price" and "Days On Market" only include its current listing, not the full history of a listing. For example,if the listing agent took it off the market to change the price and put it back on as a new listing,or a listiing had previously expired and was relisted, the previous listing is not included in gsmls' Original List Price or Days On Market calculations. If you'd like to know the complete history of a specific listing, we'll be happy to get you that information. Furthermore, when we pull comps for you prior to any home purchase, we will provide a more in depth analysis for you.
May 2009 Home Sale Prices and Market Stats  MAPLEWOOD
| Address |
Original List Price |
List Price at Sale |
Sale Price |
DOM |
Beds |
Baths |
Style |
| 465-73 Valley St |
$204,000 |
$140,000 |
$120,000 |
165 |
2 |
2 |
HighRise |
| 166 Franklin Ave |
$239,000 |
$199,000 |
$205,000 |
221 |
2 |
1 |
Ranch |
| 26 Hausmann ct. |
$200,000 |
$200,000 |
$200,000 |
57 |
2 |
1.1 |
TwnIntUn |
| 23 Hilton Ave |
$225,000 |
$225,000 |
$207,500 |
85 |
3 |
1.1 |
Colonial |
| 162 Burnett Avenue |
$295,000 |
$295,000 |
$315,000 |
98 |
6 |
2.1 |
Colonial |
| 37 Norfolk Avenue |
$389,000 |
$369,000 |
$322,000 |
78 |
3 |
1.1 |
Colonial |
| 91 Union Ave |
$389,000 |
$389,000 |
$360,000 |
102 |
3 |
1.1 |
Colonial |
| 50 Bowdoin |
$429,000 |
$429,000 |
$425,000 |
21 |
4 |
1.1 |
Colonial |
| 13 Rynda Rd. |
$499,000 |
$499,000 |
$480,000 |
71 |
4 |
1.1 |
Tudor |
| 34 Burroughs way |
$535,000 |
$499,000 |
$485,000 |
72 |
3 |
2.1 |
Tudor |
| 39 Oberlin St. |
$569,900 |
$500,000 |
$500,000 |
95 |
4 |
2.1 |
Victrian |
| 35 Kensington Ter |
$559,500 |
$559,500 |
$555,017 |
13 |
3 |
2.1 |
Colonial |
| 8 Madison Ave. |
$579,000 |
$579,000 |
$590,000 |
8 |
4 |
2 |
Colonial |
| 88 Jefferson Ave |
$588,000 |
$588,000 |
$630,000 |
10 |
4 |
2.1 |
Colonial |
| 5 Brookside Road |
$599,000 |
$599,000 |
$545,000 |
93 |
3 |
2.1 |
Tudor |
| 54 Sommer Ave. |
$659,000 |
$659,000 |
$610,000 |
17 |
4 |
1.1 |
Colonial |
| 7 Fairview Terrace |
$799,900 |
$799,900 |
$790,000 |
20 |
6 |
5 |
Tudor |
| 11 Ridgewood Terrace |
$839,000 |
$809,000 |
$780,000 |
83 |
5 |
2.1 |
Colonial |
| 454 Walton |
$850,000 |
$850,000 |
$880,000 |
9 |
5 |
4.1 |
Colonial |
AVERAGE DAYS ON MARKET:68 AVERAGE LISTING PRICE:$493,885
AVERAGE SALE PRICE:$469,695 % SALE PRICE / LIST PRICE:98%
Maplewood Home sale Trends May 2008 thru May 2009
|
desc |
May |
June |
July |
Aug. |
Sept. |
Oct. |
|
Average Listing Price |
$483,033 |
$489,722 |
$468,482 |
$476,834
|
$448,845 |
$435,917 |
|
Average Sale Price |
$466,857 |
$591,389 |
$533,421 |
$595,273 |
$538,700 |
$489,164 |
|
%Sale Price to List Price Ratio |
98% |
97% |
97% |
98% |
99% |
98% |
|
Days on Market |
38 |
53 |
56 |
54 |
68 |
119 |
|
# of Active Listings |
205 |
214 |
202 |
178 |
183 |
167 |
|
# of Closed Listings |
28 |
28 |
35 |
32 |
16 |
13 |
|
desc |
Nov. |
Dec. |
Jan. |
Feb. |
Mar. |
April |
May 2009 |
|
Ave List Price |
$442,491 |
$425,126 |
$448,497 |
$462,783 |
$488,496
|
$499,995 |
$493,885 |
|
Ave Sale Price |
$385,545 |
$478,056 |
$337,000 |
$380,200 |
$462,474 |
$450,636 |
$469,695 |
|
%Sale/List Price Ratio |
98% |
97% |
94% |
92% |
99% |
96% |
98% |
|
DOM |
119 |
71 |
102 |
80 |
80 |
116 |
68 |
|
# Active Listings |
167 |
150 |
161 |
176 |
186 |
204 |
208 |
|
# Closed Listings |
13 |
19 |
12 |
10 |
14 |
14 |
19 |
|
May 2009 |
Active Listings |
New Listings |
Under Contract |
Sold Listings |
Average |
SP/LP |
|
# Beds |
Avg LP |
Avg LP |
Avg LP |
Avg LP |
DOM |
% |
|
1 |
$162,633 |
$149,000 |
$0 |
$0 |
0 |
0% |
|
2 |
$325,963 |
$336,754 |
$199,000 |
$175,000 |
148 |
97% |
|
3 |
$394,099 |
$391,331 |
$406,653 |
$385,903 |
70 |
95% |
|
4 |
$528,365 |
$635,762 |
$539,880 |
$539,167 |
37 |
99% |
|
5 |
$802,277 |
$752,613 |
$683,843 |
$691,250 |
53 |
100% |
|
TOWN |
$493,885 |
$491,645 |
$499,530 |
$469,695 |
68 |
98% |  SOUTH ORANGE
| Address |
Original List Price |
List Price at Sale |
Sale Price |
DOM |
Beds |
Baths |
Style |
| 7 Speir Dr |
$428,500 |
$349,500 |
$344,500 |
59 |
2 |
2 |
SplitLev |
| 31-41 Church St Unit 206 |
$429,000 |
$398,800 |
$367,000 |
197 |
2 |
2 |
OneFloor |
| 331 Turrell Avenue |
$420,000 |
$420,000 |
$385,000 |
80 |
5 |
2 |
Colonial |
| 321 Wyoming Av 2D |
$449,000 |
$449,000 |
$415,000 |
81 |
4 |
3.1 |
TwnEndUn |
| 17-A Glenside Rd |
$489,900 |
$449,900 |
$406,750 |
150 |
4 |
3 |
Bi-Level |
| 32 University Crt |
$470,000 |
$470,000 |
$460,000 |
17 |
4 |
1.1 |
Colonial |
| 175 Kilburn |
$499,000 |
$499,000 |
$485,000 |
33 |
3 |
2 |
CapeCod |
| 107 Milton Place |
$499,000 |
$499,000 |
$470,000 |
48 |
6 |
3.2 |
Colonial |
| 386 Irving Hill |
$549,000 |
$529,000 |
$500,000 |
124 |
5 |
3.1 |
Colonial |
| 21 Overhill Rd |
$849,000 |
$699,000 |
$650,000 |
55 |
5 |
4.2 |
Colonial |
| 240 Montrose ave |
$949,000 |
$799,000 |
$785,000 |
269 |
5 |
4.2 |
Colonial |
| 281 Montrose ave |
$829,000 |
$829,000 |
$750,000 |
21 |
6 |
4.1 |
Colonial |
| 314 Scotland Rd |
$1,190,000 |
$935,000 |
$850,000 |
97 |
6 |
3.1 |
Custom |
| 217 Raymond Ave |
$950,000 |
$950,000 |
$880,000 |
197 |
6 |
3.1 |
Tudor |
| 2 Tillou Crt |
$999,000 |
$999,900 |
$940,000 |
7 |
3 |
3.1 |
TwnEndUn |
AVERAGE DAYS ON MARKET 97 AVERAGE LISTING PRICE: $608,980
AVERAGE SALE PRICE$590,946% SALE PRICE / LIST PRICE: 94%
South Orange Home Sale Trends May 2008 thru May 2009
|
desc |
May |
June |
July |
Aug. |
Sept. |
Oct. |
Nov. |
|
Average Listing Price |
$685,958 |
$654,148 |
$670,046 |
$680,732 |
$663,764 |
$655,885 |
$627,506 |
|
Average Sale Price |
$572,182 |
$557,460 |
$609,500 |
$867,222 |
$529,896 |
$539,825 |
$623,168 |
|
%Sale /Ratio |
96% |
98% |
97% |
142% |
95% |
96% |
95% |
|
DOM |
48 |
109 |
62 |
66 |
64 |
78 |
52 |
|
#Active Listings |
171 |
177 |
172 |
174 |
177 |
180 |
160 |
|
#Closed Listings |
16 |
20 |
14 |
18 |
17 |
9 |
8 |
|
desc |
Dec. |
Jan. |
Feb. |
Mar |
April |
May 2009 |
|
Average Listing Price |
$605,693 |
$622,425 |
$621,842 |
$603,415 |
$622,030 |
$608,980 |
|
Average Sale Price |
$534,600 |
$458,500 |
$698,750 |
$527,563 |
$452,980 |
$590,946 |
|
%Sale Price to List Price Ratio |
96% |
97% |
94% |
97% |
96% |
94% |
|
Days On Market |
85 |
77 |
97 |
83 |
137 |
97 |
|
# of Active Listings |
136 |
120 |
141 |
157 |
158 |
159 |
|
# of Closed Listings |
15 |
9 |
4 |
9 |
5 |
15 |
|
May 2009 |
Active Listings |
New Listings |
Under Contract |
Sold Listings |
Average |
SP/LP |
|
# Beds |
Avg LP |
Avg LP |
Avg LP |
Avg LP |
DOM |
% |
|
1 |
$273,271 |
$349,300 |
$0 |
$0 |
0 |
0% |
|
2 |
$369,573 |
$381,667 |
$309,524 |
$355,750 |
128 |
95% |
|
3 |
$528,703 |
$583,313 |
$486,975 |
$712,500 |
20 |
95% |
|
4 |
$583,413 |
$604,225 |
$621,500 |
$433,375 |
84 |
94% |
|
5 |
$806,971 |
$844,635 |
$800,500 |
$658,750 |
111 |
93% |
|
TOWN |
$608,980 |
$675,289 |
$557,579 |
$590,946 |
97 |
94% | CLICK BELOW TO VIEW
SALE PRICES AND STATS
FOR EACH MONTH since 2005! Maplewood NJ Home Sales & Market
Trends
South Orange NJ Home Sales & Market
Trends
Data compiled from the GSMLS. Deemed reliable, but not guaranteed.
Interested in a complimentary market analysis of your Maplewood or South Orange New Jersey home? Or receiving monthly home sale updates by email? Just fill out the form below.
 |
Financing Your Home >If You Are Self Employed
There's no question that it could be more difficult for you to get a mortgage loan if you are a free lance viola player than if you are a government accountant. Traditionally, lenders have been more cautious when evaluating loan applications of buyers who are self-employed than people who work for a regular salary.
However, if you are self-employed, there is no reason for you to shy away from applying for a home mortgage loan, especially if your earnings have been in the same field for at least two years. It is a good idea to meet with one or more loan officers before you begin your search. They will probably want to analyze your tax returns for the past 2 or 3 years, keeping in mind that many self employed people can look impoverished on paper, since you can write off some expenses that salaried individuals can not. Try to get pre-approval from the lender, and ask for a letter stating that you have pre-qualified for a loan which your real estate agent can attach to any offer you submit on a home. This will make you more attractive to the sellers.
|
|
| Q |
What trendy and highly unusual hotel must be totally rebuilt every year?
|
| A |
Sweden's popular Ice Hotel, which has 60 double rooms, 25 suites and an interior temperature of 20 degrees, starts melting to the ground in May and is rebuilt every winter. |
 See More Real Estate Trivia > |
|
|
|
- NUMBER1EXPERT™ 
;void 0){kind=small}
