Westfield has 30,000 residents and is situated just 25 miles southwest of New York in proximity to the center of bustling Union County. Ever since the mid 1990’s when the town became a New Jersey Main Street community, it has been growing in line with the modern standards while keeping its original intergenerational and communal appeal thanks to the preservation of its cultural and architectural traditions.
Peter Jordan, a local relocated specialist and top producer for Prudential New Jersey Properties in Westfield since 2005, tells us more about the Westfield New Jersey real estate market and the town. Being among the top Westfield realtors he specializes in family relocation and has experience in corporate transferees and has published a large number of articles on all aspects of real estate.
The town has six elementary schools and is renowned for being a youth and adult recreation center with its various sports facilities. As Jordan described the town, “People who grew up here often move back as adults — to be near parents and to be parents themselves. It’s the kind of homey community where kids can safely ride their bikes and skateboards downtown, and you’ll see shoppers lingering at delis and ice-cream stands. The whole town kind of evokes a sort of Norman Rockwell kind of vibe.”
Thanks to the various development programs downtown Westfield has become a major business and retail venue with its office buildings and stores. Many multinational companies are represented there, which provides opportunities for smaller entrepreneurs. The town is well connected to New York by road and rail (the journey takes only 45 minutes) allowing its citizens even more employment options.
Peter Jordan explains that given the excellent characteristics of the town many people fall under the misconception that the Westfield real estate prices are high. The homes for sale in the 1 million as well as in the 2 and 3 million ranges are many, but market statistics reveal that there are more in the $400,000 to $800,000 range.
Jordan admits that the Westfield NJ real estate market has been affected by the economic downturn, but it is now on the track to recovery. The listing-service data he has shows that the sales in July 2009 were 42 while they were 37 in July 2006. However, the average price has fallen by 19% from $807,215 to $655,395. The 2009 tax bill for a property listed at $749,000 was $8,549.
As Jordan summarizes the situation on the Westfield New Jersey real estate market today, “If a house is nice and has a good price tag, it leaves the market very quick.” So, if you are looking for a home for sale in the community, his expertise will definitely be of help.
The realtor says, “My goal is to help simplify the home buying and selling process and minimize the stress many clients experience when relocating either to or from our area. I’m protective of my clients, maybe even overly so, and strive to insure their individual needs and interests are well-served.”
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