South Orange, New Jersey Seeing a Lot of Activity as the Real Estate Market Continues to Strengthen

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One of the things we look for as we study the market trends in our local areas is how public interest spikes in certain locales. South Orange is one of those places. During the last year alone, we have seen a huge surge of interest from buyers, with a significant jump in the number of homes sold and just as few homes remaining available on the market.

There are so many reasons that living in South Orange is becoming more and more popular. For starters, there is a great school system (shared by Maplewood). Ranked by the New Jersey Monthly Magazine as being the 47th best high school – up from last year’s ranking at number 75 on the list.

Not only that but residents of South Orange also enjoy many great entertainment options on top of the already gorgeous landscape that comes with the New Jersey lifestyle. The South Orange Performing Arts Center is just one of many entertainment options – with a host of exciting events held throughout the year. Concerts, comedy shows, live theatre, mainstream films as well as the more trendy artistic film productions and dance productions are all available to residents and visitors in the state-of-the-art SOPAC facility built in the early 2000s.

In terms of market statistics, we have seen a tremendous jump in the number of homes sold during the past year, with as many as 30% more homes coming off the market through 2012 as compared to the same time frame last year. The real estate market is definitely very strong in South Orange, making it an excellent time to buy a home. In fact, with increased demand and continued historic low interest rates, buyers are finding it harder and harder to find the perfect home since there is so much buying competition out there right now.

For those of you that like to get back to the big city regularly there are many transportation options available in terms of traveling out of South Orange. Two New Jersey Transit train stations plus three bus lines provide ample avenues of getting to Manhattan.
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If you would like to explore South Orange as a place you’d like to call home, contact me today at 973.214.0691. I’d be glad to show you around and help you find your perfect place!