UPDATE: A total of 17 homes were sold in Berkeley from October 27 to November 2, marking a significant week in the local real estate market. The median sale price reached $340,000 for a 1,124-square-foot home on Bonaire Drive in Toms River, highlighting the competitive nature of the area.
Among the notable transactions, a four-bedroom home at 43 Harborage Ave. in Bayville sold for $340,500, equating to $274 per square foot. This property, along with others, reflects the growing demand for homes in this region.
Another significant sale was a spacious three-bedroom residence at 295 Allen Road, which fetched $885,000. Spanning 2,310 square feet, this property sold for $383 per square foot, indicating a strong market for larger family homes.
In Toms River, multiple properties changed hands, including a two-bedroom house at 2 Concord Lane for just $100,000 and a more upscale option at 16 Tilton Ave. that sold for $380,000. These transactions showcase the diverse pricing landscape and the varying needs of buyers.
With a mix of properties ranging from affordable starter homes to luxurious listings, this week’s sales reflect the dynamic nature of the Berkeley real estate market. The consistent activity indicates a robust interest from buyers, suggesting that now might be an opportune time for those considering entering the market.
As the week closes, real estate enthusiasts and potential buyers should remain vigilant for further updates. The market’s momentum could lead to even more significant movements in the coming weeks.
Stay tuned for more real estate news and updates on home sales across various regions, including Vineland, Toms River, and Montclair, as transactions continue to evolve.
