New Homes are Springing Up and Selling Quickly in Morris County, NJ, and Surrounding Towns

MADISON, N.J. - May 16, 2014 - PRLog -- No sooner were the three colonial-style, four-bedroom homes up at Adalist Estates by builder Wayne Johnson in Butler, and they SOLD. According to Coldwell Banker New Homes, one of the nation’s largest award winning residential brokerage firms, such is the case across Morris County and many neighboring towns. New homes are springing up and selling faster than builders can put the finishing touches on them.

“While Morris County has long held the distinction of being home to some of the state’s most picturesque, conveniently located towns with excellent schools and easy accessibility to Manhattan and upstate NY,” explains Coldwell Banker Vice President David Schoner, “we find it’s a matter of intrinsic home value and price that is creating the selling fury. Buyers get more for their money here than they would in Hudson and Bergen Counties or NYC.”

He continues, “And, we are seeing builders taking advantage of it by listening to what buyers want in a new home and addressing those needs. Many are including open flowing floor plans, hardwood floors, finished or roughed basements, designer inspired kitchens, and custom tiled baths with spa-inspired showers as some of the many new norms in home designs. Many builders also turn to us for our expert advice in strategically pricing and marketing their products. The results, a win-win situation - new homes designed for today’s home buyers and priced right to sell very quickly. We expect this trend to continue through the year in key locations throughout the state.”

Cedar Ridge, the last enclave of new four- and five-bedroom homes to be built in Kinnelon which is only 30 miles from NYC and boasts one of the highest rated high schools in the state, is another collection experiencing quick sales with only one home remaining. “While the unique, beautiful mountain region and three acre properties are key here,” notes Schoner, “the open floor plan and quaint touches such as an inviting front porch and custom features have added a distinctive charm which buyers love.”

Loantaka Terrace, a beautiful collection of luxury four plus-bedroom colonial-style homes on a prime cul de sac in Madison, NJ, will soon be sold out. Only two remain in this collection, which boasts an exceptional location within a few blocks of the town’s renowned downtown area and trains to NYC. “Buyers love the way the homes perfectly blend into the established neighborhood setting while offering top notch new construction and features including a finished basement and third floor,” notes Schoner.

Home buyers, who are priced out of the NYC market, have happily turned to Hidden Ridge, a new collection of four-bedroom colonial-style attached homes perched in the beautiful hillside of the Watchung Mountain range in Essex County. Within a matter of months, the community is already more than 50 percent sold. Schoner notes, “Buyers love the open multi-level floor plans, the chic features, and, of course, that the homes cost far less than a comparable apartment in Manhattan. The homes also provide them with the space to grow into rather than out of. And, the location is ideal. Not only does the town offer excellent schools, easy access to major highways and an array of boutique and convenient shopping, but it also provides residents with the innate beauty of established, tree lined neighborhoods and small town charm. Residents are within three minutes of trains to NYC and the Willow Brook Mall which offers a park and ride. For families, the town’s school buses stop right in front of the community.”

For additional information on these hot selling new home collections or other new homes available throughout the tri-state area, please visit www.cbnewhomes.com or contact your local Coldwell Banker Residential Brokerage Office and ask for a New Homes Specialist.

Coldwell Banker Residential Brokerage (http://www.coldwellbankermoves.com/) in New Jersey and Rockland County, New York, a leading residential real estate brokerage company, operates 58 offices with more than 3,000 sales associates serving all communities from Rockland County, N.Y. to Monmouth County, New Jersey. Coldwell Banker Residential Brokerage in New Jersey and Rockland County, N.Y. is part of NRT LLC, the nation’s largest residential real estate brokerage company.  Visit www.coldwellbankermoves.com for more information.