UPDATE: A single-family home in Washington has just sold for $950,000, making it the most expensive residential real estate transaction in Warren County this week. The latest data, recorded on Nov. 9, 2023, reveals that a total of 20 residential properties were sold, with an average sale price of $475,795.
This surge in property sales highlights a robust real estate market in the county, with an average price per square foot at $218. The significant transactions reflect ongoing demand and rising property values, making this information vital for potential homebuyers and investors.
Here are the most notable sales from the past week:
10. $515K at 308 Stonehenge Drive
A 2,298-square-foot home in Phillipsburg sold for $515,000 at a price of $224 per square foot. The deal was finalized on Oct. 9.
9. $525K at 243 Powderhorn Drive
Located in Phillipsburg, this home, built in 1974 and measuring 2,316 square feet, sold for $525,000, averaging $227 per square foot. The sale concluded on Oct. 8.
8. $550K at 228 Mansfield Street
A historic 4,630-square-foot property in Belvidere sold for $550,000 at $119 per square foot. The deal was finalized on Oct. 9.
7. $550K at 69 Alvin Sloan Ave.
In Washington, this home was sold for $550,000. The property was built in 2002 and features a living area of 2,744 square feet, averaging $200 per square foot. The sale closed on Oct. 8.
6. $565K at 3 Sandpiper Drive
This 1,936-square-foot residence in Hackettstown sold for $565,000, with a price per square foot of $292. The transaction was finalized on Oct. 8.
5. $579K at 132 Pudding Stone Way
New owners acquired this property in Phillipsburg for $579,000. The 2,397-square-foot home, built in 2002, sold for $242 per square foot, with the deal closing on Oct. 9.
4. $715K at 20 Spring Hill Lane
A home in Great Meadows fetched $715,000. Built in 1995, the property features 3,784 square feet of living space, priced at $189 per square foot, with the sale finalizing on Oct. 9.
3. $725K at 50 Mallard Drive
This single-family home in Hackettstown was sold for $725,000. Constructed in 1993 and featuring 3,654 square feet, it averaged $198 per square foot, with the deal closing on Oct. 8.
2. $815K at 304 Bradford Lane
A property in Bloomsbury just sold for $815,000. The 3,670-square-foot home, built in 2000, averaged $222 per square foot, with finalization on Oct. 9.
1. $950K at 218 Route 31 N
The standout sale this week, a home in Washington, was finalized for $950,000 on Oct. 9. This sale not only tops the list but also signals continued interest and investment in the area.
As the real estate market remains dynamic, potential buyers should stay alert for new listings and trends. With these significant sales, the demand for housing in Warren County is clearly on the rise, suggesting a competitive future for home sales in the region.
Stay tuned for further updates on the local real estate market and emerging trends impacting homebuyers and sellers alike.