Are Livingston Towncenter townhouses a good investment at the moment? They seems to slowly moving.
It just showed up on a map of Livingston a couple of years ago. Do people like or dislike the community and location? Also wanted to know if the townhouses are properly priced.
Mon May 12 2008, 22:29 - 07039 - Home Buying - 5 answers
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Josh,
Before we can answer your properly, we need to know if you would buy one of these units to live in or to rent. Joe and Gail Pieretti Thu May 29 2008, 14:21 Web Reference: http://www.jerseyjoerealtor.com
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HI Josh!
I have been selling real estate in Livingston & the Livingston area for the past 23 years, and have seen all the typical cycles of highs and lows over the years. As we all know, we are now experiencing a market "adjustment" (realtor talk for a downturn!!). It's not a bad thing, as what goes down, eventually goes back up, and affordability for buyers is increased, plus mortgage rates are still at an historic low. The Livingston Town Center was an exciting concept for a town that didn't have a centralized downtown. It includes mixed use buildings, retail, restaurants and a variety of housing options, albeit high-priced ones. No market, including the Town Center, is immune from the current real estate issues, and there are values to be had in the Town Center. The prices have adjusted a bit, and as is typical in this kind of market, builder incentives for the buyer usually increase (that means you can usually get some "extras" included that were added expenses early on). I know a number of people who have moved into the new Center, and they are thrilled with living there, and having the convenience of being able to walk to stores, restaurants and the NY bus. I'll be happy to go into more detial with you, so feel free to reach out to me! There are a number of other good values in townhome developments in the area - it's a great time to buy! Thu May 22 2008, 08:29
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Carol and Bob,
Thanks a lot for the answers. My colleague was told today by the sales office over at Livingston Towncenter that a single-family home which was previously listed at 1.1 million has closed recently at 1.5 million. This is really impressive to see that the area is completely isolated from the housing market and economy downturn. How is it really possible? -Josh. Sun May 18 2008, 17:16
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Hi Josh,
Definitely a buyer's market. The Town Center is in a great location in the center of Livingston. It's a great community with top school district and an easy commute to nyc or major highways. The condos are very large with beautiful detail to design. There are 2 units right now that you worth looking at. I live in Livingston and work in this area. If you would email me, I would email you the listings that you available with more details. You can also go the website for the Center which ishttp:// www.livingstontowncenter.com . My email is caroleisenstein@prunewjersey.com Tue May 13 2008, 05:20
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FIRST ANSWER
Hi,
They are a great value now. Everytihng is somewhat depressed and a valuable time for buyers.....When can you get Low Prices & Low Interest rates? This is the first time in recent history that this has happened. Please call me & visit my website listed below for more information. Stay well & I would love to work with you.....this is my immediate area of influence. I am located in Caldwell, a neighboring town! Tue May 13 2008, 04:56 Web Reference: http://RobertDeMassi.prunewjersey.com
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