Chester NJ Real Estate Colby Farm Market Update June 2012

 

Click Here for latest Market Report on Colby Farm in Chester 

 

Chester NJ Real Estate Colby Farm Market Update June 2012:

 

As you can see from the spreadsheets below, (1) home in Colby Farm has SOLD so far in 2012 with (0) homes sold in all of 2011, (2) in 2010, (4) in 2009 and (2) in 2008. There is (1) home currently For Sale with (0) homes currently Pending or Under Contract.

The Average Sale Price of homes Sold has declined steadily for the past five years from a high of $880K in 2008 to a low of $700K in 2012 YTD. Note that there were no home sales in 2011. Prices over the past several years for homes in Colby Farm range from the mid to high $700’s, however some the larger homes will sell for more.

 (Double click on spreadsheet for an enlarged view)

Chester NJ Colby Farm SOLD 1-1-12 thru 06-30-2012

Chester NJ Colby Farm SOLD in 2011

Chester NJ Colby Farm SOLD in 2010

Chester NJ Colby Farm SOLD in 2009

Chester NJ Colby Farm SOLD in 2008

 

All Listings Currently FOR SALE in Colby Farm

 All Listings Currently FOR SALE in Chester NJ

 

About Colby Farm:

Chester NJ Real Estate - Homes in Colby Farm

Welcome to Colby Farm in Chester NJ

Located in the heart of Chester, Colby Farm is one the more well known and desirable neighborhoods in town. Convenient to shopping (including Downtown Chester Village, Streets of Chester and Chester Mall, to name a few), schools, library, banks, post office, restaurants, parks and everything else Chester has to offer, this community of 76 homes situated on 9 streets in total is a great place to call home.

 

Chester NJ Real Estate - Homes in Colby Farm

A beautiful Center Hall Colonial in desirable Colby Farm Chester NJ

 

Lot sizes average 3 acres with the smallest lot around 2 acres and the largest being 11 acres. Most lots are flat and generally open, with some backing to the woods with more private rear yards. The homes in Colby Farm, which were constructed between 1992 and 2000, with the majority of them built in the mid 1990s, are mostly Center Hall Colonials ranging in size from approximately 3,000 to 5,000 sq. ft. and feature many of today’s modern amenities that one would expect to find in an upscale development.

Chester NJ Real Estate - Homes in Colby Farm

One of the fine examples of Colby Farm living

These homes typically have 4 to 5 bedrooms, anywhere from 3 to 5 bathrooms, 1 to 3 fireplaces, all with full basements and many with finished lower levels, 2 to 3 car garages, sidewalks, Belgian block curbing, some with built-in swimming pools, and a few with aupair or in-law suites. Prices over the past several years have been ranging from the mid to high $700’s in this neighborhood, although some of the largest homes will sell for more.

Chester NJ Real Estate - Homes in Colby Farm

Colby Farm in Chester NJ – A great place to call home!

 

Why Chester NJ is a Great Place to Live

Chester offers a very high quality of life to its residents beginning with an outstanding public school system with a stellar reputation, a new state of the art public library and plenty of choices available nearby in the private school sector, as well. In addition to the Chester Borough historic shopping district, there is a newer contemporary shopping center (Streets of Chester) which is home to some of the nation’s most well known retail designer clothing stores. Open space and public parks and recreation are all in abundance with a wide choice of uses for outdoor enthusiasts and people of all fitness levels.

Other developments /neighborhoods in Chester with similarly priced homes include Chesterfield Farms, Chestnut Run, Pleasant Hill Estates, Hartley Meadows, Forrest Hill, Highland Farms, Briarcliff, Colts Run and Timber Ridge, among others.

 


 

Other Interesting Articles on Chester NJ:

 

Township and Borough Market Updates

Neighborhood Market Reports

 


 

Other Chester NJ Neighborhood Home Page Links:

 

Beacon Hill Estates

Chesterfield Farm

Chestnut Run

Colby Farm

Forest Hill

The Hedgerows

 


 

For more information on Colby Farm in Chester NJ, call me direct at (908) 267-2465, or email me at Bob@BobZorechakRealtor.com and I will be happy to discuss your specific real estate requirements.

For more information on Chester (Chester Borough & Chester Township) including the schools,  follow this link:

All you need to know about Chester NJ 

 

How to find Listings on your own:

For listings or information on Chester NJ or any of the surrounding towns in  Morris County including Morristown, Morris Township, Madison, the Chathams, the Mendhams, and Long Valley, the Somerset County towns of Basking RidgeBedminster, Bernardsville, Peapack Gladstone and Far Hills, along with the Hunterdon County towns of Lebanon and Tewksbury Townships, simply use the search tool located on the right side of this page.

All listings are updated throughout the day so be sure to come back often for the most current information.  If you are unable to find what you are looking for using the search function on this website, or you are looking for a home that is unique with specific features, feel free to contact me direct and let me know exactly what they are.  My colleagues and I preview all kinds of properties each week and will be sure to identify just what you are looking for.  In addition, my office often features “exclusive” listings that are not released to the public that might be of interest to you as well.  I will be glad to answer all of your questions and arrange to show you the homes of your choice at a time convenient to your schedule.

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