The Conover Report – Featuring a log cabin. That’s right, a log cabin.

Property of the Week:
A Log Cabin in Wanamassa!



55 Wanamassa Pt Rd, Wanamassa — $350,000
Incredible opportunity to own gorgeous water front property along picturesque Deal Lake. House is a log cabin with a rear porch overlooking water and 2-car garage in front. This 2 bedroom house with an upstairs den area is complimented by pitched wooden ceilings. Lucrative development opportunities are available to ambitious buyers interested in building a new home on a large lot or putting a little TLC into the current home. Come experience the unique tranquility this property has to offer. View >

Agent: Patrick Fasano


Top News of the Week:


NEW RENTAL

1503-Lower Sewall Ave, Asbury Park — $1,350/month
Bright and clean lower level 3 bedroom with den rental available now! Property has in unit laundry hook-ups and features newer flooring through-out, updated kitchen cabinets and tiling. Contact me today for an appointment. You won’t be disappointed! Section 8 welcome. View >

Your Favorite Sunset Ave Home

1120 Sunset Ave, Asbury Park — $499,000
You’ve driven by it enough times and know it well. Now you can own it! Spotless 5 bedroom, 2 bath home with spacious wrap-a-round porch is your favorite Sunset Avenue home with it’s lighted fence. This well maintained home features a side street entrance to it’s private parking thru an electric remote operated gate, furnished basement, security system with 4 cameras. View >

Agent: Samuel Boyd

PRICE REDUCTION

218 2nd Ave 303E, Asbury Park — $153,000
PRICE REDUCTION! Modern 1 bedroom condo in a 1924 Historic Landmark building with old world charm, just steps to BEACH, PORTA, & PARADISE! Bright, open floor plan with granite countertop and stainless appliances including wine cooler, perfect for year-round enjoyment or weekend get-away. Easy walk to downtown. Well maintained and managed building with low fees and taxes. On-site laundry room and bike storage. Dogs, cats, and rentals permitted. View >

Agent: Carol Torre

NEW LISTING

190-1 Spruce St, Long Branch — $228,500
Amazingly well-kept, spacious town home one mile to beach and Pier Village. Kitchen shines with white tile counter tops, appliances and breakfast bar. Sliding door to sunny balcony. Open floor plan with lots of light and space for entertaining family and friends. First floor den great for guest room, game room or office. On first level sliding glass doors to secluded patio. Laundry room on 3rd level. Attached garage w/auto opener. View >

Agent: Kelly Newsome

Handyman Special

1317 Franklin Parkway, Wanamassa — $239,500
This two-story custom home boasts 5 bedrooms and 2.5 baths has great potential to be the nicest home in this quiet residential neighborhood in beloved Wanamassa in Ocean Township. Close to all major shopping, highways and major transportation. Home needs updating throughout and basement has issues to be addressed. This is a short and subject to 3rd party approval. View >

Agents: Gerard Bohm & Travis Newarski

Spacious Ranch

709 Doris Terrace, Neptune Township — $259,900
Simplify your life with easy living in this spacious ranch with everything on one level. Master suite with bath, main bath, family room, and kitchen all recent improvements to meet your standards. Attached garage with garage door opener. Sunroom with fenced in yard perfect for a pool. View >

Agent: Shonda Neal

RENTAL UNDER CONTRACT:
12 Home St, Neptune City
$1,600/month
Congrats to our agent Bob Roccia!

RENTAL UNDER CONTRACT:
1001-206 2nd Ave, Asbury Park
$1,700/month
Congrats to our agents Travis Newarski & Pat Dolan!

SOLD:
32 Eastport Ct, Middletown
$295,000
Congrats to our agent Bob Roccia!
All information is deemed reliable but not guaranteed.

The Conover Report – Featuring the Historic Upstage Building

Property of the Week:
The Upstage!

700 Cookman Ave, Asbury Park — $1,850,000
This is the site of the historic “Upstage” coffee house where Bruce Springsteen and many other famous area musicians played together as teenagers. The entire building is licensed with a broad “C” License, which is the broadest offered by the State of NJ. The building is roughly 7200 SF on three levels… The store has extremely high ceilings and the original tin is still intact, making for a very unique and striking space for a restaurant. View >

Agent: Patrick Schiavino


Top News of the Week:


The Conover Property Management Division

Do you need a property manager?

No job too small, we do it all!

  • Multi-family dwellings
  • Single family rental properties
  • Single family absentee owner
  • Individual condominium units
  • Apartment buildings/complexes

Contact Travis today for a customized plan to fit your property, your budget, and you!

Travis Newarski
travis@conovernj.com
732-361-5700

NEW LISTING

1615-5A Park Ave, Asbury Park — $189,000
Beautiful views from personal privately enclosed 5th floor balcony looking out to the Ocean which is only three blocks away from your front door. Spacious 2 bedroom 2 bath with private master bath with 2 full closets. Hardwood floors, ample closet space, tons of newly updated windows, kitchen is large and is due for an upgrade but maintains undeniable charm. Incredible opportunity to secure a summer home or primary residence at a modest price. View >

Agent: Patrick Fasano

NEW RENTAL

1615-6G Park Ave, Asbury Park — $1,900/month
Come take a look at this beautifully appointed 2 bedroom/2 full bath unit in the recently renovated Presidential! Enjoy a water view through every window in the property and even watch the fireworks on the 4th of July from the comfort of your living room. All utilities are included, even electric! One parking spot is included in the rent in the underground parking garage. View >

On a Major Throughfare

1012 Asbury Ave, Asbury Park — $1,100,000
Main street in and out of Asbury Park. Bank, convenience store, eat-in or take-out restaurant with professional and residential are just a few of the uses. Can build three stories. Will partner with developer. View >

Agent: Samuel Boyd

NEW LISTING

1111 Ridge Ave, Asbury Park — $229,000
Weekend Getaway or Starter Home. Double gabled classic Sears mail order Craftsman bungalow with rebuilt wide porch & efficient floor plan. Featuring a new kitchen w/cherry cabinetry, SS appliances & informal eating nook. New hardwd flrs, classic stone wood burning fireplace hearth, formal dining rm, 2 bedrms & new bath. Newer roof, siding, windows, fenced yard, off street parking. Convenient to Rt 35 & GS parkway. 17 blocks to beach. Gas furnace and 100 amp electric, new central air (2013). View >

Agent: Robert Roccia

NEW SUMMER RENTAL

1317 2nd Ave, Asbury Park — $16,000
SUMMER RENTAL – Come and create some summer memories in this updated and bright 4 bedroom/2 bath house. Great yard for entertaining and sunning. Relax on the open front porch in the peaceful neighborhood or visit the dynamic downtown and enjoy the beach, boardwalk, great restaurants and galleries. This won’t last. View >

Agents: Sonja O’Brien & Johna Karpinski

NEW RENTAL

1501-1614 Ocean Ave, Asbury Park — $3,200/month
Luxury Annual rental in a resort like atmosphere w/ balcony facing Deal Lake, outdoor pool, jacuzzi, sun deck, 24/7 fitness facility, expansive common areas & residents lounge w/ flat panel tv & kitchenette, 2 designated parking spots and on site 24/7 security. Unit features HW floors, kitchen w/ black granite counters & SS appliances, open floor plan w/ocean views and Deal Lake views from the rear private balcony. Floor plan also includes a den with French doors for additional sleeping & laundry room. View >

Agent: Robert Roccia

NEW LISTING – LOT

1205 Ridge Ave, Asbury Park — $129,900
Beautiful and large lot available for development in peaceful and wonderful part of Asbury Park. Easy access to major highways. Ideal to build dream home on or investment property. Zoned for single family use. View >

Agent: Patrick Fasano

UNDER CONTRACT:
412 Bond St, Asbury Park
$239,000
Congrats to our agent Samuel Boyd!

RENTED:
1120 1st Ave, Asbury Park
$1,800/month
Congrats to our agent Bob Roccia!

UNDER CONTRACT:
1202 9th Ave, Neptune Township
$149,900
Congrats to our agent Bob Roccia!
All information is deemed reliable but not guaranteed.

Starting the Year Off RIGHT!

As Featured in the New York Times this upcoming Sunday:

Asbury Park’s Historic Grande Dame:

220 5th Ave, Asbury Park — $899,000
Lake & ocean views, in ground pool, wraparound porch with privacy awnings, hand painted murals of Asbury Park in living room & dining room, energy efficient thermal windows & poured urethane insulation, newer copper plumbing & electric, central air & multi-zone gas furnace. 1st floor bedroom & full bath, 2nd floor master suite with balcony plus 2 more bedrooms. Rear of house has 2 bedroom luxury duplex rental. Professionally landscaped private pavered yard w/ lighting, outdoor shower, gas grill, & pergola. View >

Agent: Robert Roccia

 

Top News of the Week:


NEW SUMMER RENTAL

1111 5TH Ave, Asbury Park — $20,000
Absolutely stunning SUMMER rental in peaceful NW neighborhood. Entertain friends and family in this spacious and bright designers showcase. Home boasts 4 BR, 2 full BA, 1/2 BA and 3rd floor efficiency suite. Enjoy ocean breezes from the large wrap around porch. Includes outdoor shower and grill for summer fun. Truly a must see that won’t last. View >

Agents: Sonja O’Brien & Johna Karpinski

NEW LISTING

141 Elizabeth Ave, Asbury Park — $55,000
Great development opportunity in budding Asbury Park. Come build your dream home on this lot or just as easily drop some development property down on it and start collecting income. Located in lively residential area close to schools, major transit and highways. View >

Agent: Patrick Fasano

PRICE REDUCTION

400-2A Deal Lake Dr, Asbury Park — $99,000
Best studio layout in The Santander, separate kitchen and dining area. Some water views. Live in superintendent, fees include heat and hot water. Parking and extra storage available for fee. View >

Agent: Travis Newarski

NEW LISTING

601-3A Mattison Ave, Asbury Park — $509,000
Historic Post Building has been completely renovated to offer modern living with old world charm. This unit offers wrap around windows to provide ample sunlight & exposed brick walls for ambiance. Stainless steel appliances, granite counter tops, fireplace, hardwood floors, tile baths, washer / dryer, fitness center, storage, bike storage & downtown living. View >

Agent: Samuel Boyd

Property Management

No job too small, we do it all! Travis delivers the same high level of customer service and knowledge that is a cornerstone of the Conover Commitment to Excellence for many different property types:

  • Multi-family dwellings
  • Single family rental properties
  • Single family absentee owner
  • Individual condominium units
  • Apartment buildings/complexes

Contact Travis today for a customized plan to fit your property, your budget, and you!

Travis Newarski
travis@conovernj.com
732-361-5700

NEW LISTING

1108 2nd Ave, Asbury Park — $225,000
Great starter home. Beautiful lot with 2 car detached garage. House needs updating — good condo alternative. View >

Agent: Carol Torre

UNDER CONTRACT:
412 Bond St, Asbury Park
$239,000
Congrats to our agent Samuel Boyd!

RENTED:
13 Wardell Pl, Wanamassa
$1,800/month
Congrats to our agent Jennifer Bertole!

UNDER CONTRACT:
1317 Chestnut Ave, Wanamassa
$289,000
Congrats to our agent Robert Roccia!
All information is deemed reliable but not guaranteed.

2014 is going to be YOUR year

2014 is going to be YOUR year! & we’ve got the perfect settings for you to unveil the new you.

102 Elberon Ave, Loch Arbor — $1,000,000
Just one block from the ocean, and one house in from Ocean Avenue. This seashore home boasts a wrap-a-round porch, a large living room, den, large dining room and large kitchen on it’s first floor. Private driveway and large backyard with 2 car detached garage. The next house in the 100 block design, decorate and make your own. View >

Agents: Samuel Boyd, Johna Karpinski, & Sonja O’Brien


Open House This Week

Sunday, January 12th: 
220 5th Ave, Asbury Park — 1:00pm-4:00pm


Top News of the Week:


OPEN HOUSE SUNDAY

220 5th Ave, Asbury Park — $899,000
Ocean views, beach block, lakefront, fireplace, gleaming hardwood floors, original details, professional chef kitchen, 1st floor master suite. Second floor den w/ private balcony & 3 more bedrooms. From the rear of this magnificent home, access to the 2 bedroom luxury apartment that primarily occupies the 3rd level. Resort Style Outdoor Living Space: 32 ft pool, 24 ft pergola, exotic landscaping, rain burst shower, cooking & entertaining areas. 2 Car Garage/Pool House. This spacious yet intimate home was completely rebuilt in 2000. View >

Agent: Robert Roccia

NEW SUMMER RENTAL

93-1 Heck Ave, Ocean Grove — $32,000
SUMMER. Historic “Century House” Victorian home on great street. Fully restored with cook’s kitchen, rocking chair porch, BBQ grill and table with chairs in rear yard. 5 blocks to ocean beach, walk to quaint Ocean Grove village, Short walk via lake foot bridge to Asbury Park, shopping mall, restaurants and all transportation. Furnished. Full Summer Season: May 24, 2014-September 1, 2014. Includes reasonable use of A/C, utilities and cable TV service. No Smoking on property, pets case by case. View >

Agent: Gerard Bohm

NEW RENTAL

55-2 Main St, Bradley Beach — $1,000/month
Spacious quiet one bedroom close to the train station. Walk to Bradley beach shops and restaurants. A short bike ride to the beach. Enjoy all the Jersey Shore has to offer all year long. 1st floor pays the heat, 2nd floor pays electric and cooking gas. Sorry no pets. View >

Agent: Lydia Bourgeois

NEW SUMMER RENTAL

1214 10th Ave, Neptune Township — $19,000
SUMMER RENTAL WITH IN GROUND HEATED POOL. Restored farmhouse by super stylist Randy Florke, author of farmhouse renovation books “Restore-Recycle-Repurpose”. Features incl. architectural elements of old farm homes incorporated into this beauty. Open LR-DR combo w/ breakfast bar, sliding “barn” bedroom door, wide plank floors. Outdoors, wrap around porch or private rear screened porch leading to private yard & pool. Close to Bradley Breach NJ Rail Transit & 11 blocks to beach. Sleeps 8. View >

Agent: Robert Roccia

NEW UNITS AVAILABLE IN THE MERCURY

707 Bangs Ave, Asbury Park — $309,000-$324,000
The Mercury is located at the corner of Bangs and Bond with indoor parking, elevator, central A/C, washer/dryer, high ceilings, recessed lighting, modern ceiling fans, walnut colored flooring throughout the LR, bedrooms with custom walk-in closets and adj. lighting. Open kitchen w/ high-end appliances, stone countertops and European lacquer cabinets. Baths feature deep soaking tubs, glass shower enclosures, Toto and Kohler fixtures, Danze shower controls, large vanity mirrors. View >

Agent: Patrick Fasano

NEW LISTING

400-4G Deal Lake Dr, Asbury Park — $114,900
PET FRIENDLY. Amazing Deal Lake water views from this 4th floor studio in the historic Santander with its new facade almost complete. Features includes hardwood floors, 9 ft plus ceilings, galley kitchen w/dishwasher, vinyl windows, original tiled bath, ample closet space, on site laundry and superintendent, secured entry & courtyard w/ fountain. Only 3 blocks to dog beach, boardwalk & entertainment. Parking and extra storage available for an additional fee. Maintenance fee includes heat & hot water. Call today. View >

Agent: Robert Roccia

NEW RENTAL

400-4A Deal Lake Dr, Asbury Park — $900/month
This Beautifully renovated studio is the perfect weekend getaway or year-round living. Relax in the artistic ambiance of Asbury’s most distinctive 1928 THE SANTANDER, only 3 short blocks to ocean. Atrium/courtyard w/fountain, marvelous Moorish-style domed lobby. Great views of Deal Lake. 15 minute walk to NYC train. All new appliances incl. smooth-top range, microwave, ref,dishwasher, island. Heat & Water included, just pay electric. PET FRIENDLY. Parking and storage available for extra fee. View >

Agent: Samuel Boyd

NEW SUMMER RENTAL

709-9 Ocean Ave, Avon-by-the-Sea — $7,000
SUMMER RENTAL. Reserve your spot today & be the first to enjoy the pleasure of Avon’s new boardwalk and pavillion. Located directly across the street from Avon beach and facing south overlooking both the beach and Avon pool, this unit is a great place to land after a long hard day at the beach. Take advantage of all the top rated Jersey Shore restaurants & entertainment. Off street parking, bike storage, on-site laundry, resident’s book share library and more. Call today for a private showing. View >

Agent: Robert Roccia

RENTED:
522-6 Deal Lake Dr, Asbury Park
$1,300/month
Congrats to our agent Richard Bamberger!

RENTED
400-S4 Deal Lake Dr, Asbury Park
$1,800/month
Congrats to our agent Sammy Boyd!

UNDER CONTRACT:
707-201 Bangs Ave, Asbury Park
$319,000
Congrats to our agent Patrick Fasano!
All information is deemed reliable but not guaranteed.

Great Homes for Families

Great Family Homes for Every Budget First Up: The Historic Grande Dame of Asbury Park

220 5th Ave, Asbury Park — $899,000
HISTORIQUE GRANDE DAME. Lake & ocean views, in ground pool, wraparound porch with privacy awnings, hand painted murals of Asbury Park in living room & dining room, energy efficient thermal windows & poured urethane insulation, newer copper plumbing & electric, central air & multi-zone gas furnace. 1st floor bedroom & full bath, 2nd floor master suite with balcony plus 2 more bedrooms. Rear of house has 2 bedroom luxury duplex rental. Professionally landscaped private pavered yard with lighting, outdoor shower, gas grill, & pergola. View >

Agent: Robert Roccia

 

Top News of the Week:


The Lakehouse

53 Wanamassa Pt Rd, Wanamassa — $399,000
“The Lakehouse” is ideally situated on peaceful Wanamassa Point road and has spectacular views of Deal Lake. This 3 bedroom Colonial has plenty of charm, a wood burning fireplace and sits high above the water. Bonus room on second floor can be used as a home office and second floor washer dryer hook-ups are already installed. Relax on the large rear porch and enjoy lakehouse living. Serenity and nature abound…. bring your kayak! View >

Agent: Gregory Demaras

3 BR, 2 BA with Instant Equity

1117 Asbury Ave, Asbury Park — $239,900
INSTANT EQUITY!! This house appraised for more then the sale price (rpt completed in August, only serious buyers can request to review). Must see this seashore colonial to get a real appreciation. Large rooms, completely redone w new kitchen, new roof, new window, new siding, new hot water heater only 5 years ago. View >

Agent: Anthony Granito

3 BR, 2 BA on Large Lot

426 Myrtle Ave, Neptune — $129,900
Diamond in the rough. Neglected property seeks new owner possessing tender loving care. Eat in kitchen, 3 bedrooms 2 baths on main level with living, dining room combo. Lower level has family room with full bath and a wet bar, laundry room and 2 car garage. Extra sized lot with double deck, patio and goldfish pond. Tree fell on property and needs removal. Restore to its original beauty for a home that can serve you well. View >

Agent: Shonda Neal

Waterfront Property

55 Wanamassa Pt Rd, Wanamassa — $350,000
Incredible opportunity to own gorgeous water front property along picturesque Deal Lake. House is a log cabin with a rear porch overlooking water and 2 car garage in front. This 2 bedroom house with an upstairs den area is complimented by pitched wooden ceilings. Lucrative development opportunities are available to ambitious buyers interested in building a new home on a large lot or putting a little TLC into the current home. Come experience the unique tranquility this property has to offer. View >

Agent: Patrick Fasano

3 BR, 1.5 BA Short Sale

33 Center Ave, Keansburg — $179,000
All new flooring and and granite/ss kitchen installed May 2013. Features include galley kitchen, formal dining room, large living room with half bath by entry door, sliders to outside deck and small yard. Upstairs are 3 bedrooms and one full bath with tub. Pull down attic stairs for storage. Off street parking. Free preschool. Also available for rent. Please drive by and make an appointment with your favorite realtor. More photos to follow. View >

Agent: Robert Roccia

Great 2 Family, Income PLUS!

1007 Emory St, Asbury Park — $235,900
Well maintained two family home on the east side of town with off-street parking. One unit is a one bedroom and the other is a two bedroom. Live in one and rent the other to supplement your income. Great side yard could easily be fenced off for privacy. Current rents are below market value, but with a little TLC you can maximize the rent roll. Gas and electric are separately metered View >

Agents: Lydia Bourgeois & Travis Newarski

RENTAL UNDER CONTRACT:
903 Pine St, Asbury Park
$1,795/month
Congrats to our agent Bob Roccia!

RENTAL UNDER CONTRACT:
400-S4 Deal Lake Dr, Asbury Park
$1,800/month
Congrats to our agent Sammy Boyd!

RENTAL UNDER CONTRACT:
313-3 6th Ave, Asbury Park
$1,795/month
Congrats to our agent Bob Roccia!
All information is deemed reliable but not guaranteed.

Happy Holidays from our family to yours!

Happy Holidays from our family to yours!


Top News of the Week:


NEW RENTAL in the Mercury

707-206 Bangs Ave, Asbury Park — $1,750/month
The Mercury is located at the corner of Bangs and Bond with indoor parking, elevator, central A/C, washer/dryer, high ceilings, recessed lighting, modern ceiling fans, walnut colored flooring throughout the LR, bedrooms with custom walk-in closets and adj. lighting. Open kitchen w/ high-end appliances, stone countertops and European lacquer cabinets. Baths feature deep soaking tubs, glass shower enclosures, Toto and Kohler fixtures, Danze shower controls, large vanity mirrors. View >

Agent: Patrick Fasano

Old World Charm

218 2nd Ave 303E, Asbury Park — $159,900
Steps to beach, Porta, & Paradise! Modern, open floor plan with granite countertop and stainless appliances including wine cooler in a 1924 Historic Landmark building with old world charm. Fully furnished (will be removed, if preferred) 1 bedroom condo for year-round enjoyment or weekend get-away. Easy walk to downtown. View >

Agent: Carol Torre

Beautiful Family Home

700 6th Ave, Asbury Park — $499,000
This one-of-a-kind Dutch Colonial home dates to 1922 and includes many desirable architectural characteristics such as ornate plaster moldings, parquet floors, wood burning fireplace, sewing room, laundry chute, rear staircase, double attached patios, and one car underground garage. Tasteful improvements abound including newer roof, furnace, kitchen, professional landscaping, automatic sprinkler system, fenced private yard. See photos for more details! This is a short sale. View >

Agent: Gregory Demaras

Courtyard Maisonet in the Santander

400-S4 Deal Lake Dr, Asbury Park — $329,000
Spectacular courtyard maisonet in the historic Santander. Corner unit with exposures to ocean & Deal Lake, dramatic 14 ft. ceilings w/European arched windows, large foyer, new 1/2 bath with wrought iron details, newer full bath with tub and separate shower, spacious living room, large updated eat-in kitchen and all new beautiful appointed ceramic tile floors with detailed base molding. Elegant and impressive, this special unit is a must-see. Parking available for extra fee. Live-in super. View >

NEW RENTAL in the Mercury

707-203 Bangs Ave, Asbury Park — $1,800/month
The Mercury is located at the corner of Bangs and Bond with indoor parking, elevator, central A/C, washer/dryer, high ceilings, recessed lighting, modern ceiling fans, walnut colored flooring throughout the LR, bedrooms with custom walk-in closets and adj. lighting. Open kitchen w/ high-end appliances, stone countertops and European lacquer cabinets. Baths feature deep soaking tubs, glass shower enclosures, Toto and Kohler fixtures, Danze shower controls, large vanity mirrors. View >

Agent: Patrick Fasano

A Solid Investment

1317 Franklin Parkway, Wanamassa — $239,500
ATTENTION INVESTORS AND HANDYMAN. This two-story custom home boasts 5 bedrooms and 2.5 baths has great potential to be the nicest home in this quiet residential neighborhood in beloved Wanamassa in Ocean Township. Close to all major shopping, highways and major transportation. Home needs updating throughout and basement has issues to be addressed. This is a short and subject to 3rd party approval. View >

Agents: Gerard Bohm & Travis Newarski

RENTAL UNDER CONTRACT:
522-6 Deal Lake Dr, Asbury Park
$1,300/month
Congrats to our agent Richard Bamberger!

RENTAL UNDER CONTRACT:
317-6 7th Ave, Asbury Park
$1,300/month
Congrats to our agent Patrick Fasano!

SOLD:
1002 5th Ave, Asbury Park
$450,000
Congrats to our agent Anthony Granito!
All information is deemed reliable but not guaranteed.

Predictions for 2014

Will 2014 Be The Year Of Repeat Home Buyer?

The housing market continued its uneven recovery in 2013 and will enter 2014 closer to normal than it was a year earlier. Consumer optimism is climbing back: in Trulia’s latest survey, 74% of Americans said that homeownership was part of achieving their personal American Dream – the highest level since January 2010. Even among young adults (18-34 year olds), many of whom struggled through the recession and are still living with their parents, 73% said homeownership was part of achieving their personal American Dream, up from 65% in August 2011. Rising prices over the past two years have been great news for homeowners, especially for those who had been underwater, and the real estate industry has benefited from both higher prices and more sales volume.

Barring any economic crises, the housing market should continue to normalize. Here are 5 ways that the 2014 housing market will be different from 2013:

1. Housing Affordability Worsens.

Buying a home will be more expensive in 2014 than in 2013. Although home-price increases should slow from this year’s unsustainably fast pace (see #4, below), prices will still rise faster than both incomes and rents. Also, mortgage rates will be higher in 2014 than in 2013, thanks both to the strengthening economy (rates tend to rise in recoveries) and to Fed tapering, whenever it comes.

2. The Home-Buying Process Gets Less Frenzied.

Home buyers in 2014 might kick themselves for not buying in 2013 or 2012, when mortgage rates and prices were lower, but they’ll take some comfort in the fact that the process won’t be as frenzied. There will be more inventory on the market next year, partly due to new construction, but primarily because higher prices will encourage more homeowners to sell — including those who are no longer underwater. Also, buyers looking for a home for themselves will face less competition from investors who are scaling back their home purchases (see #3, below). Finally, mortgages should be easier to get because higher rates have slashed refinancing activity and pushed some banks to ramp up their purchase lending. Moreover, the new mortgage rules coming into effect in 2014 will give banks better clarity about the legal and financial risks they face with different types of mortgages, hopefully making them more willing to lend. All in all, more inventory, less competition from investors, and more mortgage credit should all make the buying process less frenzied than in 2013 – for those who can afford to buy.

3. Repeat Buyers Take Center Stage.

Investors buy less as prices rise: higher prices mean that the return on investment falls, and there’s less room for future price appreciation. Who will fill the gap? Not first-time buyers: saving for a down payment and having a stable job remain significant burdens, and declining affordability is also a big hurdle for first-timers. Who’s left? Repeat buyers: they’re less discouraged by rising prices than either investors or first-time buyers because the home they already own has also risen in value. Also, the down payment is less of a challenge for repeat buyers if they have equity in their current home. Check with our preferred lender Kathy Schulhafer for rates and home financing solutions.

4. How Much Prices Slow Matters Less Than Why And Where.

If prices are slowing for the right reasons, great: growing inventory, fading investor activity, and rising mortgage rates are all natural price-slowing changes to expect at this stage of the recovery. But prices could slow for unhealthy reasons, too: if we have another government shutdown or more debt-ceiling brinksmanship, a drop in consumer confidence could hurt housing demand and home prices. Where prices change matters, too. Slowing prices are welcome news in overvalued or unaffordable markets, but markets where prices are significantly undervalued and borrowers are still underwater would be better off with a year or two of unsustainably fast price gains.

5. Rental Action Swings Back Toward Urban Apartments.

2014 should mean more supply and demand for urban apartment rentals, but slowing supply and demand for single-family rentals. Ironically, economic recovery means that the overall homeownership rate will probably decline, as some young adults form their own households as renters. Still, the shift in rental activity from suburban single-family to urban apartments would be yet another sign of housing recovery.


Top News of the Week:


NEW LISTING in the Mercury

707-201 Bangs Ave, Asbury Park — $319,000
The Mercury is located at the corner of Bangs and Bond with indoor parking, elevator, central A/C, washer/dryer, high ceilings, recessed lighting, modern ceiling fans, walnut colored flooring throughout the LR, bedrooms with custom walk-in closets and adj. lighting. Open kitchen w/ high-end appliances, stone countertops and European lacquer cabinets. Baths feature deep soaking tubs, glass shower enclosures, Toto and Kohler fixtures, Danze shower controls, large vanity mirrors. View >

Agent: Patrick Fasano

NEW LISTING

304-110 4th Ave, Asbury Park — $169,900
Affordable 1 BR condo just 2 blocks from the beach, boardwalk & Stone Pony. Features incl: designer kitchen w/stainless steel appliances & granite counter tops; European style bath w/ ceramic tile & Italian vanity; hardwood floors throughout. Crown moldings & through-wall air conditioners. Off street private gated parking available. On-site superintendent. Don’t miss this great opportunity – a real gem! View >

Agent: Shonda Neal

3 BR Home in Belmar

902 A St, Belmar — $499,000
Enjoy living close by the beach. Smell the salt air in this classic beach home with central air, wood stove, 3 bedrooms plus a 3rd story open loft and balcony with ocean views. Features also include hardwood floors throughout, second level den and open front porch, rear small patio for grilling and walkout basement. Also included are a washer and dryer in the basement. Make us an offer. View >

Agent: Robert Roccia

NEW RENTAL

13 Wardell Pl, Wanamassa — $1,800/month
Renovated 2 bedroom home on quiet street in desirable Wanamassa section of Ocean Township. Hardwood floors throughout, brand new kitchen and bathroom, central air and base board heat, enclosed front porch, 1 car detached garage, fenced in backyard, natural gas grill hook up, washer/dryer in clean newly painted basement. Rent includes yard maintenance. View >

Agent: Jennifer Bertole

NEW COMMERCIAL RENTAL

419-1 Bond St, Asbury Park — $1,200/month
Vacant commercial spot available close to downtown Asbury Park. Unit is in building with other commercial spots next door, Apts above. Previous tenant was a beauty salon, a large laundry sink with separate hot water heater remains in the back of the room. Tons of potential to bring your business to Asbury Park. New Owners are planning beautiful renovations to the facade of the building. View >

Agent: Patrick Fasano

NEW LISTING

709 Doris Terrace, Neptune Township — $259,900
Simplify your life with easy living in this spacious ranch with everything on one level. Master suite with bath, main bath, family room, and kitchen all recent improvements to meet your standards. Attached garage with garage door opener. Sunroom with fenced in yard perfect for a pool. Nice neighborhood. View >

Agent: Shonda Neal

UNDER CONTRACT:
82-C Cookman Ave, Ocean Grove
$884,900
Congrats to our agent Sammy Boyd!

UNDER CONTRACT:
32 Eastport Ct, Middletown
$310,000
Congrats to our agent Bob Roccia!

CLOSED:
410 Redmond Ave, Oakhurst
$225,000
Congrats to our agent Carol Torre!
All information is deemed reliable but not guaranteed.

4 Reasons to Buy a Home During the Holiday Season

4 Reasons to Buy a Home During the Holiday Season

If you’re house hunting over the holidays, you’re likely a serious buyer with an immediate need.  Perhaps you have to relocate for a new job opportunity, or there’s been a change in your personal life? Regardless, while you may assume it’s not an ideal time to be looking — namely because there isn’t much to look at — there are some advantages to buying this time of year.

Less competition

Let’s start with the obvious one: less competition. This lowers the chances of multiple offers andbidding wars (something we saw a lot of last spring/summer), and should translate into a bigger discount for you. Know your market! This is where Conover agents come in handy.

Serious home sellers

Why would sellers pick such an inconvenient time — while everyone is busy entertaining family and friends and enjoying the spirit of the holidays  — to list their properties? Probably because they need to sell and may feel compelled to do so before the end of the year for tax purposes. What this means for you: less hassle when it comes to negotiating; a greater willingness, on the part of the seller, to agree to concessions; less chance of the seller waffling; and greater respect for your offer, even if it’s a little lower than the seller was perhaps expecting.

Faster mortgage approval

Lenders aren’t as busy this time of year, and less volume could mean faster approval. Some lenders might even be willing to reduce fees during the off-peak season in hopes of gaining your business. Check with our preferred lender Kathy Schulhafer for rates and home financing solutions.

Greater affordability

Sure, home prices have been rising, but they’re typically lower in December than during any other month (so you don’t have to be as aggressive with your initial first offer, compared with buying during peak to high season). As we enter the slower home shopping season many overheated markets are moving away from bubble brink and ultimately becoming more affordable than they have been historically. If you want to take advantage of low interest rates, the time to act is now.


Top News of the Week:


NEW LISTING

603 7th Ave, Asbury Park — $450,000
Gorgeous vast Victorian in need of a little TLC. 10ft ceilings, a grand foyer w/fireplace & 3 story staircase ceiling. Endless sense of space, large rooms, master suite, and a full basement w/ high ceilings. Amazing location. Close to the beach & between the lakes. Original charm with modern amenities. Great History. Also offered for rent at 2600/mo. View >

Agent: Patrick Fasano

NEW RENTAL

1141-1 Asbury Ave, Asbury Park — $1,100/month
Great Price!! This first floor two bedroom and 1 bath apartment is ready for immediate occupancy. Property has recently been painted and new floors installed. One month security deposit, application, credit report, and references required. Pets welcome. Call today for more information! View >

Agent: Travis Newarski

NEW RENTAL

12 Home St, Neptune Township — $1,600/month
PET FRIENDLY. If you are looking for an amazing and cozy home in a quiet neighborhood close to all major roads, beaches and great eateries, this is it. Features include newer kitchen and 2 updated baths, hardwood floors, central air, enclosed porch, washer/dryer, full basement, and private fenced yard. Call today. You won’t be disappointed. View >

Agent: Robert Roccia

NEW RENTAL

206-2 3rd Ave, Asbury Park — $2,800/month
Incredible rental opportunity to live year round along the iconic Asbury Park beach and waterfront. This two family house is meticulously maintained and the second floor unit is being offered year round fully furnished. First floor is vacant most of the year and is seasonal tenants only. Private driveway access and parking. Fully furnished with modern amenities, granite countertops and hardwood floors. Large private deck with Ocean views. Washer dryer inside unit as well as central Air and Heat. View >

Agent: Patrick Fasano

NEW RENTAL

1001-206 2nd Ave, Asbury Park — $1,700/month
Unit boasts all of the great features you would expect in a luxury space. Unit has oak hardwood floors in main living space, carpeted bedroom and loft, granite counters, HE heating/cooling, in unit laundry hook-ups, parking and so much more! Application, Credit Report and 1.5 Months Security Deposit Required… Available December 20th. View >

Agent: Travis Newarski

NEW RENTAL

903 Pine St, Asbury Park — $1,795/month
Upscale Renovation on Quiet Block. The moment you walk up to the front door-impressive is the main descriptive word coming to mind. Open and light filled floor plan, Brazilian cherry floors, granite and stainless steel kitchen, 1st floor laundry and full custom tiled bath. Upstairs, 2 nice size bedrooms plus an expansive master bedroom addition added a few years ago. Another custom tile bath with stall shower. Outdoors relax in the professionally landscaped yard with pavers and lots of sun. View >

Agent: Robert Roccia

NEW RENTAL

317-6 7th Ave, Asbury Park — $1,300/month
One Bedroom Condo, 3 Blocks from Beach, Hardwood Floors, Washer/Dryer in unit, Tiled Kitchen and Bath, Granite Counter Tops, Stainless Steel Appliances. Includes Heat, Hot Water, and Cooking Gas. Tenant pays Electric Only! View >

Agent: Patrick Fasano

NEW LISTING

55 Wanamassa Pt Rd, Wanamassa — $350,000
Incredible opportunity to own gorgeous water front property along picturesque Deal Lake. House is a log cabin with a rear porch overlooking water and 2 car garage in front. This 2 bedroom house with an upstairs den area is complimented by pitched wooden ceilings. Lucrative development opportunities are available to ambitious buyers interested in building a new home on a large lot or putting a little TLC into the current home. Come experience the unique tranquility this property has to offer. View >

Agent: Patrick Fasano

RENTED:
400-104 4th Ave, Asbury Park
$1,350/month
Congrats to our agent Shonda Neal

RENTED:
610-11E Sewall Ave, Asbury Park
$1,175
Congrats to our agent Jennifer Bertole!

UNDER CONTRACT:
410 Redmond Ave, Oakhurst
$290,595
Congrats to our agent Carol Torre!
All information is deemed reliable but not guaranteed.

Property of the Week: A Rare Opportunity in Allenhurst

Property of the Week:
A Rare Opportunity

311 Spier Ave, Allenhurst — $1,075,000
Absolutely pristine home in idyllic Allenhurst. This is a rare opportunity to move into a completely and tastefully renovated home. Home features generous room sizes with hardwood floors, new windows throughout, recessed lighting, custom kitchen with stainless appliances, granite, beautiful baths, 5 zone heat and 2 zone a/c. Too many improvements to list here. Generous open front porch to welcome guests and all within walking distance to the beach, town and houses of worship. View >

Agents: Johna Karpinski, Sonja O’Brien & Samuel Boyd


Top News of the Week:


NEW RENTAL

1141-1 Asbury Ave, Asbury Park — $1,100/month
Great Price!! This first floor two bedroom and 1 bath apartment is ready for immediate occupancy. Property has recently been painted and new floors installed. One month security deposit, application, credit report, and references required. Pets welcome. Call today for more information! View >

Agent: Travis Newarski

Overlooking Deal Lake

53 Wanamassa Pt Rd, Wanamassa — $399,000
“The Lakehouse” is ideally situated on peaceful Wanamassa Point road and has spectacular views of Deal Lake. This 3 bedroom Colonial has plenty of charm, a wood burning fireplace and sits high above the water. Bonus room on second floor can be used as a home office and second floor washer dryer hook-ups are already installed. Relax on the large rear porch and enjoy lakehouse living. Serenity and nature abound…. bring your kayak! View >

Agent: Gregory Demaras

Central Business District Print Shop

412 Bond St, Asbury Park — $239,000
Just a block off Main Street nestled in and around Bangs, Bond and Cookman Avenue. You can run the existing print shop business and / or develop the property with as many as floor stories high. View >

NEW RENTAL

1001-206 2nd Ave, Asbury Park — $1,700/month
Unit boasts all of the great features you would expect in a luxury space. Unit has oak hardwood floors in main living space, carpeted bedroom and loft, granite counters, HE heating/cooling, in unit laundry hook-ups, parking and so much more! Application, Credit Report and 1.5 Months Security Deposit Required… Available December 20th. View >

Agent: Travis Newarski

Architect-Designed Open Floor Plan

313-3 6th Ave, Asbury Park — $1,800/month
This completely renovated 2 bedroom 2 bath sun drenched (windows on 3 sides) second floor rental. Smell the beach, enjoy the breezes and the ocean view from your own private deck. This apartment has it all: gleaming hardwood floors, en-suite master bed, great closets, central air, granite counters, stainless steel appliances, washer/dryer in unit & more. Also includes off-street parking, storage in basement, and more. View >

Agent: Robert Roccia

3 BR, 2 BA on Large Lot

426 Myrtle Ave, Neptune Twp — $129,900
Diamond in the rough. Neglected property seeks new owner possessing tender loving care. Eat in kitchen, 3 bedrooms 2 baths on main level with living, dining room combo. Lower level has family room with full bath and a wet bar, laundry room and 2 car garage. Extra sized lot with double deck, patio and goldfish pond. Tree fell on property and needs removal. Restore to its original beauty for a home that can serve you well. View >

Agent: Shonda Neal

RENTED:
400 Deal Lake Dr Apt 3G, Asbury Park
$850/month
Congrats to our agent Jay Bernstein! :(

SOLD:
707-405 Bangs Ave, Asbury Park
$299,000
Congrats to our agents Samuel Boyd, Sr; Patrick Fasano; & Jay Bernstein!

SOLD:
131 Ridge Ave, Asbury Park
$100,000
Congrats to our agent Bob Roccia!
All information is deemed reliable but not guaranteed.

Luxury in Long Branch

Property of the Week:
Oceanfront in Long Branch

4 McKinley St, Long Branch — $1,999,000
Fantastic views from this extraordinary OCEANFRONT luxury townhome at the very desirable Bluffs at Beachfront North. This like-new unit was recently repainted and offers every possible upgrade… granite kitchen, side-by-side garages, security and stereo systems, custom window treatments, and so much more. Clubhouse includes pool, gym, library, and billiards room. Just steps to beach and boardwalk, a short walk to the stores and restaurants of Pier Village. Also an easy commute to train and ferry. View >

Agent: Marc Halper


Top News of the Week:


The Conover Property Management Division

Overseeing this initiative is Travis Newarski, who brings seven years of property management experience to our team. Travis delivers the same high level of customer service and knowledge that is a cornerstone of the Conover Commitment to Excellence for many different property types:

  • Multi-family dwellings
  • Single family rental properties
  • Single family absentee owner
  • Individual condominium units
  • Apartment buildings/complexes

Contact Travis today for a customized plan to fit your property, your budget, and you!

Travis Newarski
travis@conovernj.com
732-361-5700

The Studebaker Buildings

805-807 SE Summerfield Ave, Asbury Park — $1,600,000
The Studebaker Buildings used to be a Studebaker car dealership – 25,000 sq ft of wide open space plus 7000 sq ft basement & 7000 sq ft roof deck where cars were once parked – there is a working freight elevator. Main St redevelopment zoning includes everything from condos to light industry — included in sale is adjacent 22×100 parcel (mls #21238536) which could be for parking — solid reinforced concrete construction — unique architectural detail ideal artist work/live space. View >

Central Business District Print Shop

412 Bond St, Asbury Park — $239,000
Just a block off Main Street nestled in and around Bangs, Bond and Cookman Avenue. You can run the existing print shop business and / or develop the property with as many as floor stories high. View >

Great Location, Limitless Possibilities

1201 Main St, Asbury Park — $1,250,000
Approximately 10,000 SF of retail/office building on busy Main Street at a traffic light. Building comprises the entire block. Gross rent of tenants is $130,000 per year. Building is being offered at approx a 8 cap. Seller is a State of NJ Licensed Realtor. Building is 85% occupied. View >

Agent: Patrick Schiavino

NEW LISTING

1317 Franklin Parkway, Wanamassa — $239,500
ATTENTION INVESTORS AND HANDYMAN. This two-story custom home boasts 5 bedrooms and 2.5 baths has great potential to be the nicest home in this quiet residential neighborhood in beloved Wanamassa in Ocean Township. Close to all major shopping, highways and major transportation. Home needs updating throughout and basement has issues to be addressed. This is a short and subject to 3rd party approval. View >

Agents: Gerard Bohm & Travis Newarski

Only One Block to the Beach

902 A St, Belmar — $499,000
Enjoy living close by the beach. Smell the salt air in this classic beach home with central air, wood stove, 3 bedrooms plus a 3rd story open loft and balcony with ocean views. Features also include hardwood floors throughout, second level den and open front porch, rear small patio for grilling and walkout basement. Also included are a washer and dryer in the basement. Make us an offer. View >

Agent: Robert Roccia

PRICE REDUCTION

33 Center Ave, Keansburg — $179,000
SHORT SALE. ALL NEW flooring and and granite/ss kitchen installed May 2013. Home was completely rebuilt approx. 10 yrs ago. Features include galley kitchen, formal dining room, large living room with half bath by entry door, sliders to outside deck and small yard. Upstairs are 3 bedrooms and one full bath with tub. Pull down attic stairs for storage. Off street parking Free preschool. Also available for rent. View >

Agent: Robert Roccia

The Santander

400-2A Deal Lake Dr, Asbury Park — $115,000

Best studio layout in The Santander, separate kitchen and dining area. Some water views. Live in super, fees include heat and hot water. Parking and extra storage available for fee. View >

Agent: Jay Bernstein

RENTED:
400 Deal Lake Dr Apt 4E, Asbury Park
$1,100/month
Congrats to our agent Jay Bernstein!

RENTED:
709-9 Ocean Ave, Avon-By-The-Sea
$900/month
Congrats to our agent Robert Roccia!

UNDER CONTRACT:
812 Bowne Rd, Wayside
$269,900
Congrats to our agent Jay Bernstein!
All information is deemed reliable but not guaranteed.