Friday, November 27, 2009

Colts Neck NJ Real Estate: Focus on Single Family Homes for Rent

Back in the day, the halcyon days of Colts Neck real estate when the largess of executive estate builders made the Great Gatsby era look like The Grapes of Wrath, local landlords and investors enjoyed enviable liberty.

They charged, mostly, whatever they wanted to tenants and eager tenants, mostly, paid.

Why?

Because the tenants needed access to the Colts Neck schools, the small town community and the local shops while the developer finished their new mansion.

(Back then "mansion" lacked today's negative connotation. To be fair these enormous homes come with a large property tax bill that subsidizes smaller Colts Neck home values.)

Today landlords are much more realistic and motivated to rent an empty Colts Neck house. Of the twelve (12) Colts Neck MLS listings of homes rented through the Monmouth Ocean County MLS(c) system this year
the lowest home rented for $2,500 per month; the highest at $5,500.

The average rent of a single family Colts Neck home featuring four bedrooms and three baths is between $3,300 and $4,500. I'm describing an older home built between 1960 and 1980; newer homes can rent for as high as $5,000 and up.

Lease Provisions -- Every Element is Negotiable

The tenant can expect to pay for utilities (electric, gas) and possibly lawn care and snow removal. Just like with a purchase, all terms are negotiable.

Same applies to the term or the length of the occupancy. Many landlords are considering shorter term rentals (at least one year) although the Colts Neck rental market is not a seasonal one. There's no beach or boardwalk here. Instead of riding the Tilt-a-Whirl you can saddle up on a pony.

Now if you're planning to rent a Colts Neck, New Jersey 07722 home the typical documentation includes (a) credit application or recent credit report, (b) completed lease agreement and (c) security deposit. In the state of New Jersey the maximum is one-and-a-half times the base month rent.

Summary
Are you a landlord, property owner or real estate investor who needs an experienced Realtor to rent your Colts Neck home or horse farm? Perhaps you're a corporate relocation client or a potential tenant looking to rent a Colts Neck single family home?

I have experience on both "sides" of the lease and appreciate the opportunity to represent you with your Colts Neck New Jersey real estate needs.


Andrew J. Lenza ABR GRI MBA, Broker Associate
Weichert, Realtors
43 East Main Street, Holmdel N.J. 07733
Office (732) 946-9400 Extn 223
Mobile (732) 580-0822


Weichert, Realtors ... Yellow i$ the New Green!

Thursday, November 19, 2009

Boo! Welcome to the Sleepy Hollow Section of Freehold, NJ 07728 Real Estate

If you're driving down Elton-Adelphia Road late at night and a shadowy visage appears on horseback -- and that dark figure is missing his head -- you may have wandered into Sleepy Hollow.

Freehold Township, New Jersey pre-dates to the 1650's. Fortune favored the brave George Washington when he engaged the British during the Battle of Monmouth. Today a state park sits where volleys of musket balls pierced the hot summer air on June 28, 1778.

I remember reading Washington Irving's Legend of Sleepy Hollow and seeing the Headless Horseman behind every maple in Westerleigh Park at night. Thirty years later along came Johnny Depp, Christina Ricci and Christopher Walkin on the silver screen, terrifying me a second time.

But somewhere in between the book and the movie ground broke in Freehold Township, New Jersey and the peaceful, sedate Sleepy Hollow section of Freehold NJ (or subdivision) was born. Most Sleepy Hollow homes were built during the late 1960's and early 1970's. Sleepy Hollow encompasses a variety of "drives" notably:

Coachman Drive South
Coachman Drive North
Hampton Drive
Heritage Drive
Old Post Road
Portage Drive
Woodstock Place.

What type of homes were built? A mix of Split levels, Dutch Colonials and center home Colonials. The model names harken right out of literature: The Katrina, Van Tassel's Castle, Baltus, the Washington Irving.

How big are Sleepy Hollow Freehold NJ Houses for Sale? On the lower end 2,800 square feet and on the upper end 3,800 square feet. The Sleepy Hollow development of Freehold NJ is zoned Residential R-25.

How much do these Freehold New Jersey Homes For Sale cost? List prices vary from the low $400,000's to the mid $500,000's. Currently there are six (6) Freehold MLS listings for sale located in the Sleepy Hollow neighborhood, including our current Weichert Realtor offering.

Buying or selling a home in Sleepy Hollow or perhaps you're interested in general information for Freehold New Jersey 07728 real estate? Please contact Andrew today. We can discuss buyer information for the area as well as me representing you as a Buyer's Agent.

Call (732) 946-9400 or E-MAIL ANDREW.


Andrew J. Lenza, ABR GRI MBA Broker Associate

Weichert Realtors, 43 East Main Street, Holmdel New Jersey 07733

Office (732) 946-9400 and Mobile (732) 580-0822

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

Tuesday, November 17, 2009

Just Listed, Freehold Township New Jersey MLS20942603


Welcome home.

This house could be your home. I go into many homes.

This one is better than most Freehold New Jersey MLS Listings and it's located in the picturesque, manicured subdivision called Sleepy Hollow.

How autumn-appropriate is that lead-in? I'm partial about this "complete" deal.

Built in the 1960's when "bones" made a home.

Before the pneumatic nail gun, when a carpenter drove every steel nail by hand. When the nails were cast in the United States. When we ate on plates instead of plastic and argued with our siblings whose turn it was to clean the table.

The 60's -- when you fought over the hard knob on the television for channel control before the LED's came in a business card size and every teenager retreated to their own pre-man and pre-woman teen cave. We saw a man walk on the moon, the tragic end to JFK's Chamelot, conflict and resolution.

What's so special about this center hall Colonial on Heritage Drive, Freehold New Jersey 07728?

MLS20942603

There's fresh paint on the walls waiting for a wedding photo.

There's new carpet on the floors waiting for a wrestling match.

There's a new shine on the hardwood waiting for a sunny day.

The home features six (6) bedrooms and three (3) full baths. Three full baths -- do you know what that means? Everyone gets to school or work on time!

Take a look at the photos then call me for an appointment. It's not unheard of that you and I want to go back to go forward.

Good parks, great schools, easy commute -- these features define Freehold, New Jersey real estate. So come home already.


Check out the full Monmouth County Association of Realtors listing and Virtual Tour here.

Andrew J. Lenza ABR GRI MBA, Broker Associate
Weichert, Realtors
43 East Main Street, Holmdel N.J. 07733
Office (732) 946-9400 Extn 223
Mobile (732) 580-0822

Weichert, Realtors ... Yellow i$ the New Green!

Tuesday, November 10, 2009

The Colts Neck NJ 07722 Real Estate Report for Raw Land (or Land for Sale)

Sometimes amid the property inquiries a theme emerges. My blog reflects the latest interest in Colts Neck raw land or Colts Neck land values.

Let me throw another keyword search at you: Colts Neck New Jersey land for sale.

We all know the construction industry, especially home-builders, have taken it on the shin AND the chin. I can’t remember the last time in my fifteen years of Monmouth County residence that land appeared so cheap.

I need to restrain myself from dressing up like Tom Cruise in that movie Far and Away about the 1800’s Homestead Act and plant my red flag on a corner of green earth.

How green grows the meadows of Colts Neck?

The dilemma today is pricing. That’s a challenge for both buyer and seller of Colts Neck real estate. There’s a vacuum of recent closed sales prices for vacant or raw Colts Neck land.

If you're new to Colts Neck, consider that raw land is the polar opposite of The Grande development of Colts Neck, New Jersey. (The Grande is likened to a planned "urban" development -- also called a "P.U.D.")

We have twenty-three (23) MLS listings for Colts Neck lots and parcels. Some of the acreage is farm assessed; some are approved for building. Still others will require a variance for sub-division.

Or you could purchase a tract of Colts Neck land and transform the dirt into your equestrian retreat. You know, Master of Universe. Lord of the Stable. Mistress of the Manor.

The positive for buyers of Colts Neck real estate is some of these land lots have been on the market for a long time. Imagine the glee of a seller if a flesh-and-blood buyer appeared?
So you want to buy Colts Neck dirt and you’re going to call me. How do we navigate the barren wasteland of a data-less landscape?

We need a chart! So I assembled the following Table of available MLS Colts Neck land listings. Sorry but I blocked out the addresses. Isn’t this the Internet and everything is FREE?
Nope. If you’d like additional information on some of these horse farms, Colts Neck rehab properties and just plain wierd pieces of real estate, you will have to call me.

A related article on Colts Neck real estate !

Here’s my contact information: E-mail Andrew at alenza@weichert.com.

Andrew J. Lenza, ABR GRI MBA Broker Associate
Weichert Realtors, 43 East Main Street, Holmdel New Jersey 07733. Office (732) 946-9400 and Mobile (732) 580-0822 (c) Copyright, 2009. Andrew J. Lenza, All Rights Reserved