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There are always important changes happening in the real estate market, locally and nationally. These changes can affect you.
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 Quiet streets, quality schools and plenty of green space Click here for Berkeley Heights Listings
Berkeley Heights was established in 1899 but its real growth began some fifty years later. Builders of the 1950s and 1960s recognized the appeal of its rolling hills and river banks and proceeded to create handsome homes for the growing families of that era. Today, the township retains a balance of unspoiled natural surroundings and family-friendly residential areas. Residents enjoy an inviting shopping district and a wide choice of local restaurants. Recreational programs attract participants of all ages and there is an outstanding school system with a unique K-1 Early Learning Center. There are excellent rail and bus connections to Manhattan. Ranked #59 in NJ Monthly's - Top 100 Places to Live
Fast Facts:
Established: 1899
Population: 13,000
Size: 6.4 square miles
Housing: Colonials, Split-levels, Ranches, Townhomes, Condominiums
Attractions: The Watchung Reservation, Little-Lord Museum and Farmstead  Commuter Information: The Berkeley Heights Train Station is located on the corner Sherman Avenue and Plainfield Avenue (1 block east of Springfield Avenue). This station provides commuter service on the Gladstone Branch only serving Hoboken Terminal, Newark Broad Street Station, and Penn Station in Midtown Manhattan. Service begins at 5:34 AM and ends at 1:34 AM. Holiday and weekend service runs from 6:27 AM to 2:40 AM.
Parking permits for the Berkeley Heights station are available to residents for a yearly cost of $250 and non-residents for a yearly cost of $625. Currently there is a 3 year wait list for residents and at least twice as long a wait for non-residents. Parking lots for the Berkeley Heights Train Station are located on Plainfield Avenue. One is on the corner of Park Avenue and the other one is on the corner of Sherman Avenue. Both of these lots require permits except on the weekends. For more information on parking permits contact the Clerk’s Office (908) 464-2700.
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In the real estate world, a large group of people are looking to buy homes at any given time. These are the seller's best prospects. This ready group of buyers is wasted, however, if your house is overpriced.
People who have been shopping around and are accustomed to comparing properties will probably refuse to look at your home with an unrealistic price tag. You and your real estate agent may know that you would sell for $10,000 less, but the buyers do not know this. As a result, your overpriced property receives little attention.
Don't be fooled into thinking that your house is worth more than someone is willing to pay for it, or that it's just a matter of waiting for the "right" buyer to show up. Surveys show that the longer a house is on the market before being sold, the greater the drop in price from the listing price when it does sell. The buying public eventually sets an accurate price. An overpriced house just sits on the market, waiting for a price adjustment before it will attract a buyer.
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| Q |
What has a tremendous impact on the U.S. economy, comprising between $10-$15 trillion of the nation's wealth?
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| A |
Real Estate--it goes through cycles, but still has a long-term record of strong investment return. |
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