Andrew J. Lenza Realty Blog

Broad Street Homes for Sale in Matawan Real Estate, New Jersey

Looking for Matawan real estate for sale?

There are quite a few homes for sale on Broad Street in Matawan. I consider Broad Street a "tweener" lane - not quite a busy thoroughfare nor an undiscovered avenue. 

Does this hail and hearty fighting man look familiar?

Matawan Memorial Park is located at the south end of Broad Street. The park features a famous Viquesney statute called the Spirit of the American Doughboy that pays homage to the Matawan men who perished during World War I. A Wall of Honor salutes those Veterans of subsequent wars. There is a Memorial Day observance at the park and a fireworks display on July 4th.

Purchasing a home on Broad Street endows the new owner with a sense of Matawan history as well.

 

On the northern end of Broad Street residents shop at the new Walgreens; on the opposing corner is the Fiorino's Matawan Art Gallery if you're looking for custom framing or your very own Thomas Kincaid print, the Artist of Light.

Broad Street in Matawan runs parallel to Main Street, so it's an easy walk to shops, restaurants (check out my review of Aby's Mexican), banks and post office.There is even a wonderful haven for special needs children located on Broad Street called Our Special Place!

What are the Matawan homes for sale on broad Street?

• Three bedroom, two bath Colonial built in 1919 for the low price of $189,000.
• Three bedroom, three bath Cape built in 1950 for $285,000.
• Three bedroom, one bath Bi-level built in 1950 for $299,000.
• Four bedroom, two bath Custom home for $349,900.
• Four bedroom, three bath Contemporary for $555,000.
• Five bedroom, four bath lakefront Expanded Ranch built in 1958 for $649,000.

Isn't real estate interesting? Same road and the difference between the cheapest home on Broad Street, Matawan and the most expensive is $460,000. Almost one half a million dollars!  Broad Street is a tree-lined drive.  Most of the homes are cared for with well-manicured grass and yards.

 

 Do you want to know my BEST DEAL FOR SALE in Matawan real estate? 

Then call me at (732) 290-6600 or E-MAIL ANDREW.

Please visit our Company website too!  Thanks for visiting the Andrew J. Lenza Realty Blog. Bookmark "me" and come back often!

Andrew J. Lenza, Broker & Owner

ANDREW J. LENZA REALTY

62 Broad Street, Matawan NJ 07747

Office (732) 290-6600

 (c) Copyright, 2008. Andrew J. Lenza, All Rights Reserved

• Members, Monmouth & Ocean County MLS and Middlesex County MLS

 

The Grande Development of Colts Neck, NJ 07722 and Colts Neck Real Estate

Presenting another Internet update about The Grande Development in Colts Neck, New Jersey 07722 and general information on Colts Neck real estate. The

Grande Real Estate Market Report - 2009 CLOSED SALES

• Three bedroom, 2 ½ bath Darby model sold for $425,000.
• Three bedroom and 2 ½ bath Claremint model sold for $490,000.
• Four bedroom and 2 ½ bath Alexandra model sold for $498,500.

The Grande represents a superb value for the single person, retiree, couple or growing family.Located off Route 537 West and Hunt Road, the Grande development of Colts Neck enjoys close proximity to township schools, parks and Colts Neck luxury homes.

Home Owner Association Information

• A few folks have called and emailed me about the Home Owners' Association (HOA) in The Grande.
• The development is managed by the Signature Property Group located at 140 Sylvan Avenue, Englewood Cliffs NJ 07632.  The business telephone is (201) 947-1001
• Even though the housing in The Grande is single family detached homes there is a monthly maintenance fee of $141. Upon initial purchase of a home in The Grande, the buyer also pays a two months' Working Capital charge of $282.00 and a membership fee of $100.

Public Water and Public Sewer

• The Grande is the only development in Colts Neck that does not rely on a well for water and a septic tank.
• Yet another attractive quality of The Grande to our New York and Staten Island buyers who are not familiar with the maintenance cost of either a well or septic tank system.
• The Grande receives its water and sewer utilities from Freehold Township. The service contact for both is S&B Water & Sewer Company and you can call the utility at (877) 431-3999 from 9AM to 2PM.

Sales Pitch -- Call Andrew Today!

Considering a purchase or a sale in The Grande? We love working with buyers and sellers of Colts Neck real estate. You can call Andrew at (732) 292-6600 or E-MAIL ANDREW or visit me at my company website.

Andrew J. Lenza, Broker/Owner     

ANDREW J. LENZA REALTY

 62 Broad Street, Matawan NJ 07747

Office Telephone (732) 290-6600.

 (c) Copyright, 2008. Andrew J. Lenza, All Rights Reserved

• Members, Monmouth & Ocean County MLS and Middlesex County MLS

All data and information provided on this site is for informational purposes only. Andrew J. Lenza makes no representations as to comprehensiveness, accuracy, suitability, timeliness, or validity of any information on this site. Andrew J. Lenza will not be liable for any errors, omissions, or delays in this information or any losses, injuries, or damages arising from its display or use. All information is provided on an as-is basis.

 

The Historic Montrose Neighborhood of Colts Neck, New Jersey 07722

Traveling east or west on Route 537 through Colts Neck, you can blink your eyes and unknowingly pass Montrose Road.

What's the big loss? Only that if you made the turn onto Montrose Road you would have the pleasure of driving up one of the most scenic lanes in all of Monmouth County. The slower you drive, the more stunning the vista.

Past the wide open fields of Mr. George Ditmar's (former Colts Neck mayor) farm. Mr. Ditmar was instrumental in preserving the rural atmosphere of Colts Neck. Past the horses in the meadows of three large spreads. Past the split rail fence and the stately homes.

 

 (Photo of the Montrose Road Schoolhouse built in 1790! Click here for an excellent article on the schoolhouse.) 

Some homes are new. Others are not. Yet they all blend to create the Montrose section as a unique, pleasant place to live. The streets that comprise Montrose include Carriage Hill Drive, Rolling Hill Court, West Gate Court, Holland, Parkwood and of course Montrose Road.

Sample of Single Family Home Sales in Montrose

Carriage Hill Drive

• In February of 2005 a five bedroom, 4.5 bath Ranch built in 1972 sold for $850,000.
• In October of 2006 a four bedroom, 2.5 bath center hall Colonial built in 1970 sold for $800,000.
• In March of 2006 a five bedroom, 2.5 bath center hall Colonial built in 1975 sold for $913,000.
• In April of 2007 a five bedroom, 3.5 bath center hall Colonial built in 1973 sold for $950,000.

Holland Lane

• In August of 2005 a four bedroom, 2.5 bath center hall Colonial built in 1971 sold for $810,000.

West Gate Court

• In December of 2004 a three bedroom, 2 bath Ranch built in 1965 sold for $649,000.
• In August of 2003 a four bedroom, 2.5 bath Colonial built in 1970 sold for $630,000.

Space prohibits me from describing all the great single family homes built (and for sale) in Montrose. Call Andrew at (732) 290-6600 or visit us at www.lenza4real.com or E-MAIL ANDREW

Especially if you're interested in buying or selling a Colts Neck luxury home or need info .

Interested in Colts Neck history? The best site to visit is http://www.colts-neck.nj.us/hist/hccn.html, published and updated by the Colts Neck Historical Society. These Colts Neck residents do important work by striving to maintain Colts Neck's agricultural roots and to provide a voice against over-development.

Andrew J. Lenza, Broker/Owner     

ANDREW J. LENZA REALTY

62 Broad Street, Matawan NJ 07747

 Office Telephone (732) 290-6600

(c) Copyright, 2008. Andrew J. Lenza, All Rights Reserved

• Members, Monmouth & Ocean County MLS and Middlesex County MLS

All data and information provided on this site is for informational purposes only. Andrew J. Lenza makes no representations as to comprehensiveness, accuracy, suitability, timeliness, or validity of any information on this site. Andrew J. Lenza will not be liable for any errors, omissions, or delays in this information or any losses, injuries, or damages arising from its display or use. All information is provided on an as-is basis.

Aby's Mexican Restaurant Review, Matawan New Jersey 07747

Relocating my real estate company from Colts Neck to Matawan, New Jersey resulted in many of life's little surprises. Pleasant little surprises. 

Like Aby's Mexican Restaurant located at 141 Main Street. Aby's offers authentic Mexican cuisine. I've eaten at Aby's a half a dozen times, every time delicious. Meals are prepared on-site with fresh ingredients. Flavors sing off your tongue. You can order varying degrees of spicyness.

I'm partial to the Enchilada Y Tamal.  Priced at $7.99 for a lunch Aby's is a healthy choice over processed fast food. You can sit and enjoy your lunch or dinner in the ample dining room or take it to go. Liz is partial to the authentic Mexican sodas.

Aby's is owned and managed by the Martinez family. Ask for Elias if you visit and, yes, they are open seven days a week -- another pleasant surprise for a real estate broker burning the midnight oil. Interested in Matawan NJ real estate? Whether commercial of residential please give us a call!

Andrew J. Lenza, Broker & Owner

ANDREW J. LENZA REALTY

62 Broad Street, Matawan NJ 07747

Office (732) 290-6600

• www.lenza4real.com
• Member, Monmouth and Ocean Board of Realtors(MCAR)
• Member, New Jersey Association of Realtors (NJAR)
  
• Member, National Association of Realtors (NAR) 
  

Purchase a Home in the Strathmore-at-Matawan subdivision of Aberdeen Township, New Jersey

HISTORY

In the early 1960's developer William Levitt (associated with Levittown, Long Island) broke ground on the Strathmore-at-Matawan community in Aberdeen Township, New Jersey.

STREET NAMES

Local residents refer to the criss-cross of quaint streets by the letter of the alphabet that coincides with the section name. Construction of sections started in different years. Here is a list of Strathmore-at-Matawan street names as referenced by Mr. Edward Fitzgerald. Scroll down for recent sales data.

 

Street Name	Section #	Section Name
Ambler Court	2	Andover Park
Ambler Lane	2	Andover Park
Andover Lane	1,2	Andover Park
Anton Place	3	Andover Park
Arden Lane	3	Andover Park
Ardmore Lane	1	Andover Park
Autumn Lane	1	Andover Park
Avalon Lane	3	Andover Park
Avondale Lane	1,2	Andover Park
Ayrmont Lane	1,3,4	Andover Park
Beacon Lane	9	Brookview Park
Belle Place	9	Brookview Park
Brookview Lane	9	Brookview Park
Cambridge Drive	16,17	Cambridge Park
Carol Lane	18	Cambridge Park
Chilton Lane	18	Cambridge Park
Clover Way	16	Cambridge Park
Cornell Way	18	Cambridge Park
Courtland Lane	16,17,18	Cambridge Park
Crest Way	17	Cambridge Park
Crystal Place	18	Cambridge Park
Cypress Court	15	Cambridge Park
Cypress Lane	15	Cambridge Park
Darwin Way	8	Deerfield Park
Dawn Way	7	Deerfield Park
Deborah Lane	7	Deerfield Park
Deerfield Lane	7,8	Deerfield Park
Donna Place	8	Deerfield Park
Drexel Lane	7,8	Deerfield Park
Fair Lane	25	Fordham Park
Faith Lane	25	Fordham Park
Fawn Place	25	Fordham Park
Fayette Lane	25	Fordham Park
Ferland Lane	25,26	Fordham Park
Fern Lane	26	Fordham Park
Ferris Place	26	Fordham Park
Fordham Drive	25,26	Fordham Park
Icemeadow Lane	10	Ivy Hill Park
Idaho Lane	5	Ivy Hill Park
Idlebrook Lane	11,12	Ivy Hill Park
Idlewild Court	6	Ivy Hill Park
Idlewild Lane	5,6	Ivy Hill Park
Idol Place	20	Ivy Hill Park
Idolstone Lane	10,11	Ivy Hill Park
Ilex Place	14	Ivy Hill Park
Imbrook Lane	6	Ivy Hill Park
Imperia Lane	21	Ivy Hill Park
Incline Place	12	Ivy Hill Park
Indigo Lane	14	Ivy Hill Park
Infield Lane	11	Ivy Hill Park
Inglewood Lane	14	Ivy Hill Park
Ingram Circle	20	Ivy Hill Park
Ingress Way	5	Ivy Hill Park
Inner Way	10	Ivy Hill Park
Inner Hill Lane	12	Ivy Hill Park
Intone Lane	14	Ivy Hill Park
Invar Way	5A	Ivy Hill Park
Inwood Place	12	Ivy Hill Park
Iona Place	11	Ivy Hill Park
Iris Way	5,10	Ivy Hill Park
Irongate Lane	10,11,13	Ivy Hill Park
Island Place		Ivy Hill Park
Italic Place	5A	Ivy Hill Park
Ithan Lane	11	Ivy Hill Park
Ivanhoe Lane	5	Ivy Hill Park
Ives Place	5	Ivy Hill Park
Ivory Place	6	Ivy Hill Park
Ivy Way	10,20	Ivy Hill Park
Ivy Hill Drive	10,11	Ivy Hill Park
Jordan Place	22	Juniper Park
Jubilee Circle	22	Juniper Park
June Place	28	Juniper Park
Juniper Place	22	Juniper Park
Noble Place	19	Northland Park
Norwood Lane	19	Northland Park
North Circle	19	Northland Park
Northland Lane	19	Northland Park
Oaklyn Lane	27	Oxford Park
Olden Lane	27	Oxford Park
Opal Place	27	Oxford Park
Ormont Lane	27	Oxford Park
Overlea Lane	27	Oxford Park
Oxford Lane	27	Oxford Park
Warren Drive	23,24	Waverly Park
Waverly Place	24	Waverly Park
Weston Place	24	Waverly Park
Winter Place	24	Waverly Park
Wister Place	23	Waverly Park
Woodman Place	23	Waverly Par

SALES DATA

• Between January 1 and June 9, 2008 (last year) eighteen (18) single-family detached homes in Strathmore sold for an average sale price of $385,000.
  
• For the same period in 2009, seventeen (17) Strathmore homes sold for an average of $346,000.
  
• That represents a decline of 11.2%. Consider that the average home in Monmouth County declined by almost 20% in the same span.
  

SCHOOL INFORMATION

The Strathmore School serves Kindergarten to grade 3 students. Kindly click on the following useful links:

• Matawan-Aberdeen Regional School District
• Strathmore School, Aberdeen NJ
• City-data Strathmore test scores

ABERDEEN TOWNSHIP RESOURCES

• Official municipal website
  
• Aberdeen Municipal Court
• You can access United States Census data for Aberdeen Township here.
  

 If you are interested in buying or selling a home in the Strathmore community of Aberdeen, kindly call us at (732) 290-6600 or e-mail us at lenza.andrew@gmail.com.

 

Andrew J. Lenza, Broker and Owner 

ANDREW J. LENZA REALTY LLC

62 Broad Street, Matawan NJ 07747

Members, Monmouth and Ocean County MLS

 

Real Estate Market Update, Aberdeen Township New Jersey

Is there a silver lining to Aberdeen homes today?

• From January 1, 2008 to June 1, 2009 the average sales price of an Aberdeen single-family home (detached) was $343,500. Approximately fifty (50) homes closed.
  
• The same period this year? Average sale price of $287,800 and forty-one (41) sales.
  
• The decline in value approximated 16%.
  
• The decline in home prices throughout Monmouth County, of which Aberdeen belongs? Almost 20%.
  

The good news is there's still buyers in any market ... and strong incentives, too. Like the $8,000 first-time home-buyer tax credit and tax relief for alternative energy improvements.

A thirty year (30) fixed-rate mortgage is still quoted under 5.5% to qualified buyers. There's good news. We'll survive this recession! 

Call us today if you're interested in Aberdeen homes or real estate! 

 

Andrew J. Lenza, Broker & Owner

ANDREW J. LENZA REALTY

62 Broad Street, Matawan NJ 07747

Office (732) 290-6600

Mobile (732) 580-0822

Monmouth County, New Jersey Home Prices Update, April 2009

An average is misleading, yet it's the best measurement we have in the real estate industry when discussing overall prices.

From January 1, 2008 to April 28, 2008 the prices averaged $338,500 (that's last year's data). For the same period this year, the average home sold for $233,000 -- a decrease of  31%.

Will prices go lower? You're welcome to call me at (732) 431-9003. You may be surprised by my answer.

Andrew J. Lenza, Broker & Owner

ANDREW J. LENZA REALTY 

*** Bear in mind that Monmouth County consists of over 50 towns. 

www.lenza4real.com

Closing the Home Office -- Relocating to Professional Space

Working from home presents its challenges. The television beckons; the refrigerator beckons, and the dog beckons. Where can you find the peace to perform income-generating activities? You know -- work. The hobby that pays the bills. 

The solution could be one you "left behind." That's right. Go back to the commercial/professional office.

I'm located in the Aberdeen-Matawan area, a vibrant community for the small office professional. ***Rental rates per square foot estimate from $10.00 to as high as the mid-$20's. Larger space tends to come cheaper, the old "bulk" discount at work again. Tenants typically pay their own utilities but every aspect of tenancy is negotiable.

If you're considering escaping the house to make a living, please call me. I represent professional office tenants throughout Monmouth County. 

Andrew J. Lenza, Broker & Owner

ANDREW J. LENZA REALTY (732) 290-6600

***MLS Data deemed reliable but cannot be guaranteed. Prices based upon closed rentals from 4/27/2008 to 4/29/2009. 

www.lenza4real.com

 

Monmouth County, Residential Real Estate Update 04-06-2009

• 2007 versus 2008 the number of single-family home sales fell by 25%.
• Interesting, however, for the same period that the average sale decreased by 4%.
  

Fast forward to the first quarter of 2009:

• The number of sales decreased 32%
• while the average sale price swooned by 27.5%.
  

What do I divine from this data?  The supply of inventory continues to swell; that overhang consists of new construction, resales and foreclosures (and short sales).

Financing is a critical issue.  Once the federal government mandates root -- and $2 trillion dollars snakes its way into the credit system -- the theory goes that sales will increase. 

We shall see. --Andrew J. Lenza, Broker & Owner of ANDREW J. LENZA REALTY L.L.C. 62 Broad Street, Matawan NJ 07747

www.lenza4real.com