UPDATE: A stunning property in Washington has just been sold for $950,000, marking the highest residential real estate transaction in Warren County for the week of November 3-9. This week saw a total of 20 residential sales recorded, with an average price of $475,795, showcasing a vibrant real estate market.
The urgency of this news highlights the growing demand for homes in the area, as buyers are keen to secure properties before prices escalate further. The average price per square foot during this period reached $218, reflecting the competitive nature of the market.
Here’s a look at the top transactions from last week:
10. $515K – A single-family residence at 308 Stonehenge Drive, Phillipsburg, sold for $515,000. The 2,298-square-foot home was constructed in 2001, finalizing on October 9, at a price of $224 per square foot.
9. $525K – Located at 243 Powderhorn Drive, Phillipsburg, this home went for $525,000. Built in 1974, the 2,316-square-foot property finalized on October 8, with a per square foot price of $227.
8. $550K – A detached house at 228 Mansfield Street, Belvidere, sold for $550,000. This historic home, built in 1838, spans 4,630 square feet and was finalized on October 9, at $119 per square foot.
7. $550K – The single-family residence at 69 Alvin Sloan Ave., Washington, has new owners after a sale at $550,000. This 2,744-square-foot home, built in 2002, finalized on October 8, with a per square foot price of $200.
6. $565K – A home at 3 Sandpiper Drive, Hackettstown, has been sold for $565,000. Built in 1975, this property covers 1,936 square feet and finalized on October 8, at $292 per square foot.
5. $579K – The property at 132 Pudding Stone Way, Phillipsburg, sold for $579,000. This 2,397-square-foot home, built in 2002, was finalized on October 9, at $242 per square foot.
4. $715K – A sale has been finalized for a detached house at 20 Spring Hill Lane, Great Meadows, for $715,000. Built in 1995, this home features 3,784 square feet and was finalized on October 9, at $189 per square foot.
3. $725K – The residence at 50 Mallard Drive, Hackettstown, has new owners after selling for $725,000. Built in 1993, this home spans 3,654 square feet and finalized on October 8, at $198 per square foot.
2. $815K – The single-family home at 304 Bradford Lane, Bloomsbury, sold for $815,000. This property was built in 2000, has a living area of 3,670 square feet, and finalized on October 9, at $222 per square foot.
1. $950K – The top sale of the week at 218 Route 31 N, Washington, has officially changed hands for $950,000, finalized on October 9.
This surge in home sales reflects the high demand for residential properties in Warren County, making it an essential market to watch. As new buyers enter the scene, experts anticipate continued growth and competition in the real estate sector.
Stay tuned for more updates on the evolving real estate landscape in Warren County and beyond.
