Real Estate

West Orange: Top Real Estate Sales with $1 Million Home

West Orange: Top Real Estate Sales with $1 Million Home

In the past week, a house in West Orange fetched a remarkable $1 million, topping the list of the most expensive residential real estate sales in the region. Throughout the week, a total of 10 residential properties were sold, reflecting an average sale price of $687,000. Moreover, the average price per square foot for these transactions was $321. It is important to note that the listed prices pertain to properties where the title was officially recorded within the week of October 21st, although the actual sales may have occurred earlier.

Real estate enthusiasts will find the details of this week's transactions intriguing as it highlights the fluctuating market trends in West Orange. Such insights are invaluable for anyone considering a foray into the real estate market, whether to invest or to purchase their dream home. By providing a comprehensive overview of the most significant property sales, readers can better gauge the current market value in one of West Orange's dynamic neighborhoods.

For comparison and broader context, similar reports are available from neighboring areas. This includes data from the Plainfield area, Monroe in Middlesex County, Camden, Cherry Hill, and Perth Amboy within the same time frame. These reports illustrate regional market dynamics, offering buyers and investors a broader understanding of the New Jersey real estate landscape.