Thomas Mccormack

Hi Mona,
Middletown is a very large geographic area, over 40 square miles, with many smaller areas within it (e.g. Belford, Navesink, Lincroft, Locust, Oak Hill, Chapel Hill, Leonardo, North Middletown, etc.) They range considerably in zoning requirements (e.g. minimum lot size, square footage limits, etc.), location (e.g. riverfront, bayshore, horse country, etc.), architecture (e.g. some neighborhoods date back 200 years and have historic designations, others were originally summer bungalow areas and still others were )subdivisions built in the 1980's, etc.) and price ranges (currently from $149,500 to over $16 million).

In addition, Middletown has multiple school districts (two high schools, multiple elementary & middle schools) and different neighborhoods are of greater or lesser interest depending on transportation options (e.g. distance to the NYC train, ferry, bus service or Garden State Parkway.) So you can see, there are many factors that are considered and that impact value.

That said, what I generally recommend to buyers considering all of Middletown is to tour the area with an experienced agent who can give you a sense of each neighborhood. Most customers are fairly quick to identify which areas they prefer and then we focus on those neighborhoods. There are many sources for additional objective data relating to a given area, (e.g. crime statistics from local police department. school ratings from state educational association, etc.) and I encourage customers to seek out those sources as well.

I hope that helps... if you're ever down this way and want the "nickel tour", please let me know. I'd be glad to help.

Thomas McCormack
Sales Associate
Resources Real Estate
112 E River Rd, Rumson, NJ 07760
732-212-0440 x212 - Tue Jul 8 2008, 12:35

Hi Maureen,
Haven't compiled 2008 as yet but let here's the stats for the past few years.
LITTLE SILVER 2004 2005 2006 2007
Total Homes Sold 98 64 60 72
Change from Prev Yr 65.31% -6.25% 20.00%
Average Sale Price $628,333 $736,158 $862,700 $724,477
Change Prev Yr 17.16% 17.19% -16.02%
List-to-Sale Price Dif 93.66% 96.59% 94.16% 93.90%


Thomas McCormack
Sales Associate
Resources Real Estate
732-212-0440 x212 - Thu May 1 2008, 10:50

Hi Joe,
As far as I am aware, there is no published list of short sales in Monmouth County (similar to the sheriff's list for foreclosures) but there are many properties which are advertised as short sales in the MLS. If you are interested in receiving these available listings please contact me and I'd be happy to keep you up to date on what comes on the market.
Thomas McCormack
Sales Associate
Resources Real Estate
112 E River Rd, Rumson NJ 07760
tom@thomasmccormack.com - Mon Apr 21 2008, 17:40

Hi Joanne,
My office is in Rumson just a couple of blocks from the school and I can tell you it's a wonderful school system. The Rumson schools consistently earn high ratings and there is a great deal of parent involvement. Not sure what you're looking for regarding "atmosphere" and "culture" but I'd be happy to put you in touch with parents in the area with kids in those schools so you can hear first-hand.

Let me know how I can help.

Thanks
Thomas McCormack
Resources Real Estate
732-212-0440 x212 - Wed Apr 16 2008, 07:10

Hi Monica,
Sounds like a difficult situation. I think you need to speak with an attorney, perhaps the attorney who handled the estate if there was one. Your ability to sell your share in the house would be dependent on the deed... I would doubt that you would be able to do so. Have you had an honest conversation with the other family members regarding your situation? It's quite unfortunate that they would not be a bit more understanding. If their intention is to sell the home, perhaps they could front the monies for renovation and collect at closing. If their intention is to keep the home, I'm not sure they have any ability to force you to do anything. If you're all co-owners, you're all responsible for the property and the taxes... if you don't pay, someone else will have to to avoid losing the property. Again, I'd recommend getting some legal advice and having a sit-down with all the parties involved.

Best of luck,
Thomas McCormack
Sales Associate - Fri Feb 22 2008, 08:14