Just 4 Homes Sold Nearby, None in Long Valley

Houses in Chesters, Mendham switch hands.

Just four homes came off the market in the area this week, specifically in Chester Borough, Chester Township and Mendham Borough, but none in Washington Township. Take a look at which homes found new owners.

Chester Borough

Address Style Total Rooms Bedrooms Bathrooms Price 58 Grove Street Colonial 6 2 2 $400,000

Chester Township

Address Style Total Rooms Bedrooms Bathrooms Price 251 North Road Bi-Level 9 4 2 $347,000

Mendham Borough

Address Style Total Rooms Bedrooms Bathrooms Price 57 Hampshire Drive Town-House 6 2 1.1 $300,000 210 Talmage Road Ranch 9 5 4 $505,000
GiGi Richards September 23, 2012 at 02:46 PM
Hookerman, I think you missed my point. I am not asking that truth be hidden but I am not certain that, in this case it is accurate. I also think it could be presented differently. However, the issues you mention which are genuine causes for the slower market here should be taken up in another article. I find myself wondering the point of the Patch. It seems to offer very little substance regarding real issues about this town.
Chuck Ruff September 23, 2012 at 02:46 PM
I can tell you why. The real estate market exploded in Washington Twp between the period of around 2001 and 2007, and many people bought houses that were extremely over-valued. Now many have under-water mortgages, and cannot sell at a realistic price without taking a huge financial loss. That’s why people either walk away from the house and allow the bank to foreclose, or attempt to sell the house at a price that is way above its market value. No one is going to buy a house in Washington Twp if they can get the same value in Mendham or Chester. That’s why houses are moving there, and not here.
cv September 23, 2012 at 02:47 PM
The title should be changed it makes us look like losers!!!! Yes homes have sold.
Chuck Ruff September 23, 2012 at 02:50 PM
The Daily Record lists real estate transfers on a weekly basis, and I have not seen Long Valley recently. However, you do have one good point. Some homes in Washington Twp has Hackettstown and Califon mailing addresses, so if it is based on zip code, there could be houses in Washington Twp sold that don't have a Long Valley zip.
GiGi Richards September 23, 2012 at 02:51 PM
I think that you are correct as to they "why", Hookerman. But that does not change my inital point: there are some homes selling and the title of the article is misleading and disparaging. I was suggesting to the editor a different approach and perhaps a more thorough checking of facts.


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