January 14, 2010
Updated Neighborhood Sales Information
Sales data for the last two years has just been incorporated into the data supplied for each of Princeton Borough and Princeton Township's neighborhoods. The number of sales have remained fairly constant as have the values the homes sold for.
Posted by: Bruce
Princeton NJ Homes for Sale
Homes for sale in the Princetons (both the borough and the township) as of January 28, 2010 include 4 condominiums [Price Range: $399,000 to $579,000], 8 town houses [Price Range: $254,900 to $895,000], 86 single family homes [Price Range: $349,000 to $5,500,000], located in developments, the borough and in rural settings.
Princeton, NJ is a great community to investigate when searching
for available homes for purchase. The links to the right will afford you the
option of contacting us for information relating to the purchase or sale of
a home. There is also a link to a site to allow you to search for property in
this area.
You will find many different styles of homes, ages of homes, and price ranges of homes are available in Princeton Township and Princeton Borough, New Jersey, located in central New Jersey. The township is served by the US Postal Service as Princeton, NJ, with the zipcode of 08540. If you are looking for homes for sale, we hope to serve as your starting point for information on the various neighborhoods and houses for sale in Princeton.
An overview of the neighborhoods in Princeton and the variety of homes for sale are outlined at the neighborhoods button to the left. Feel free to check out the properties for sale and contact us for further information using the form at the bottom of the neighborhood's page.
It is currently February 9th 2010, 04:05 am in New Jersey.
December 07, 2009
December 2009 Market Conditions
Princeton Borough and Princeton Township currently have 154 homes for sale. Through today, there have been 211 homes sold so far this year. At this rate of home sales, it would take 9 months to exhaust the supply, making this a slight buyer's market. The average sales price has been $929,438 for homes were asking an average price of $1,062,822.
Information from TREND MLS - Information Deemed Reliable but Not Guaranteed.
Posted by: Bruce
November 07, 2009
First-Time Homebuyer Tax Credit Extended and Expanded
It’s now official, Congress has extended and expanded the existing $8,000 homebuyers tax credit and the President signed it into law on Friday, Nov. 6th.
The new law extends the existing tax credit for Princeton area buyers who have not owned a home that was their principal residence in the past three years and adds some new criteria and qualifying homebuyers.
The $8,000 credit was scheduled to lapse on December 1st, 2009 but will now be in effect through the end of June. Homebuyers must sign a contract before April 30, 2010 and close by June 30, 2010.
The income limits have been raised: Single buyers can now earn up to $125,000 and still get the full credit while a married couple can earn $225,000.
The bill also made more Princeton, NJ homeowners eligible to claim the credit on their taxes. First-time buyers — those who have not owned a home in the past three years — still qualify for an $8,000 rebate. But now people who want to trade up can also qualify. Those who have owned and occupied a residence for at least five years out of the past eight can claim a $6,500 tax credit if they close on a purchase by the end of June.
Posted by: Bruce
Information on
neighboring townships: