13A Sumac Ct. – Mount Laurel
Asking: $149,000

Use the contact form below to request more information!      

Features:

2 Bedroom
1.5 Bathroom
3 Walk-In Closets
Wall to Wall Carpeting
Neutral Decor
Plenty of Storage Space
Located in the lake community, Birchfield
Access To: Club House, Tennis Courts, Walking Trails, Play ground, Sports Field, Gym

Taxes under 3,000 a year!
Association fee:  $169 per month

Condo and Community Photos:

Fill out the following form to request more information on this property and the Birchfield Community

The following South Jersey communities are sorted by county, then town.  More detailed information can be obtained by following the links or requesting information in the form below.

Active Adult Communities in Burlington County

• Village Grande -  Bordentown
• Four Seasons at Mapleton – Columbus (Mansfield Township)
• Homestead at Mansfield – Columbus (Mansfield Township)
• Newtons Landing – Delanco
• The Point at Newtons Landing – Delanco    
• Ashley Crossing – Delran
• Silver Park – Edgewater Park
• Village Greenes  Marlton (Evesham Township)
• Legacy Oak Marlton (Evesham Township)
• Greenbriar Horizons – Florence
• Glenn at Mason’s Creek – Hainesport
• Renaissance Club – Mt. Laurel
• Holiday Village – Mount Laurel
• Holiday Village East – Mount Laurel
• Hearthstone – Pemberton
• Leisuretowne – Southampton
• Fernbrooke – Westampton
  Click for more information on the Burlington County communities.

55 and Over Communities in Camden County

• New Freedom Village – Berlin Borough
• Montebello (West Berlin) Berlin Township
• The Plaza Grande at Garden State Park – Cherry Hill
• Villagio – Cherry Hill
• Heritage Village – Gibbsboro
• Highland Estates – (Clementon) Gloucester Township
• Shenandoah Village   (Sicklerville) Gloucester Township 
• Four Seasons At Forest Meadows  (Sicklerville) Gloucester Township
• Villas at Broad Acres- Gloucester Township
• The Maples – Pennsauken
• Maple Commons – Pennsauken
• Centennial Mill – Voorhees
• Braddock Preserve – Winslow Township
• Elmtowne – (Hammonton) Winslow Township
• Hearthstone
• The Norways – (Sicklerville) – Winslow Township
• Renaisssance at Woodlands – Winslow Township
  Click for more info on Camden County communities

Active Adult 55+ Communities in Gloucester County

• Silver Lake – Clayton Borough
• Villages at Aberdeen – Clayton Borough
• Heritage – Deptford Township
• Lakebridge – Deptford Township
• Bridlewood – Deptford Township
• Northgate Heritage Deptford Township
• Gatherings at E. Greenwich – E. Greenwich Township
• The Vineyards at Silver – Elk Township (Glassboro)
• The Village Grande at Camelot – Glassboro Borough
• Reserves at Lake Oberst – Glassboro Borough
• Spicer Estates (Mullica Hill) Harrison Township
• Cedar Grove – Mantua Township
• Country Gardens – (Sewell) Mantua Township
• Spring Valley – Mantua Township
• Summerfields – (Williamstown) Monroe Township
• Holiday Village -(Williamstown)Monroe Township
• Sunny Estates – Monroe Township
• Parke Place – Williamstown
• The Maples – (Sewell) Williamstown
• Heatherwood – (Sewell) Williamstown
• Riverwinds – West Deptford Township
• Reserves at Riverwinds – West Deptford Township
• Pelican Place at Riverwinds -  (Thorofare) West Deptford Township
• Village Grande at Kingswoods – West Deptford Township
• Four Seasons at Weatherby – Woolwich Township
  Click for more info on Gloucester County communities

Visit the above links or fill out the following form if you would like more detailed information on any South Jersey active adult communities.

Burlington County:

Settled Units:

• 2007: 4,221
• 2008:  3,285 (2007/2008 change: -22.17%)
• 2009:  3,139 (2008/2009 change: -4.44%)

Average Settled Price:

• 2007: $303,000
• 2008: $284,000 (2007/2008 change: -6.27%)
• 2009: $257,000 (2008/2009 change: -9.51%)

Median Settled Price:

• 2007: $263,000
• 2008: $246,000 (2007/2008 change: -6.46%)
• 2009: $224,000 (2008/2009 change: -8.94%)

Average Percentage Settled Price was of Original Listing Price:

• 2007: 94.23%
• 2008: 91.67% (2007/2008 change: -2.72%)
• 2009: 90.56% (2008/2009 change: -1.21%)

Camden County:

Settled Units:

• 2007: 5,019
• 2008: 3,722 (2007/2008 change: -25.84%)
• 2009: 3,594 (2008/2009 change: -3.44%)

Average Settled Price:

• 2007: $224,000
• 2008: $214,000 (2007/2008 change: -4.46%)
• 2009: $200,000 (2008/2009 change: -6.54%)

Median Settled Price:

• 2007: $202,000
• 2008: $195,000 (2007/2008 change: -3.47%)
• 2009: $185,000 (2008/2009 change: -5.13%)

Average Percentage Settled Price was of Original Listing Price:

• 2007: 94.44%
• 2008: 92.07% (2007/2008 change: -2.51%)
• 2009: 90.49% (2008/2009 change: -1.72%)

Gloucester County:

Settled Units:

• 2007: 2,757
• 2008: 2,053 (2007/2008 change: -25.54%)
• 2009: 1,999 (2008/2009 change: -2.63%)

Average Settled Price:

• 2007: $255,000
• 2008: $242,000 (2007/2008 change: -5.10%)
• 2009: $223,000 (2008/2009 change: -7.85%)

Median Settled Price:

• 2007: $235,000
• 2008: $223,000 (2007/2008 change: -5.11%)
• 2009: $201,000 (2008/2009 change: -9.87%)

Average Percentage Settled Price was of Original Listing Price:

• 2007: 94.19%
• 2008: 92.21% (2007/2008 change: -2.10%)
• 2009: 90.66% (2008/2009 change: -1.68%)

Mercer County:

Settled Units:

• 2007: 3,114
• 2008: 2,365 (2007/2008 change: -24.05%)
• 2009: 2,315 (2008/2009 change: -2.11%)

Average Settled Price:

• 2007: $370,,000
• 2008: $382,000 (2007/2008 change: +3.24%)
• 2009: $333,000 (2008/2009 change: -12.83%)

Median Settled Price:

• 2007: $287,000
• 2008: $289,000 (2007/2008 change: +0.70%)
• 2009: $257,000 (2008/2009 change: -11.07%)

Average Percentage Settled Price was of Original Listing Price:

• 2007: 93.21%
• 2008: 91.44% (2007/2008 change: -1.90%)
• 2009: 89.78% (2008/2009 change: -1.82%)

Salem County:

Settled Units:

• 2007: 583
• 2008: 384 (2007/2008 change: -34.13%)
• 2009: 422 (2008/2009 change: +9.90%)

Average Settled Price:

• 2007: $191,000
• 2008: $189,000 (2007/2008 change: -1.05%)
• 2009: $167,000 (2008/2009 change: -11.64%)

Median Settled Price:

• 2007: $172,000
• 2008: $175,000 (2007/2008 change: +1.74%)
• 2009: $159,000 (2008/2009 change: -9.14%)

Average Percentage Settled Price was of Original Listing Price:

• 2007: 92.15%
• 2008: 90.57% (2007/2008 change: -1.71%)
• 2009: 86.89% (2008/2009 change: -4.06%)

Monthly Statistics for Cinnaminson, NJ between February 2008 and February 2009

Inventory Accumulation for the Last 12 Full Months

*Current Inventory is based on the actual available properties on the date this report was created.
**Average Monthly Sales is the average sales for the last 12 full months
***Inventory accumulation (in months) = Current Inventory Units / Average Monthly Sales  

Pricing Details of Sold Units for the Date Range Selected

 © Copyright 2009 TREND MLS – Information Deemed Reliable but Not Guaranteed. Printed 3/21/2009 8:58:53 AM

If you would like the data on any municipality within Burlington, Camden, Gloucester, Mercer, or Salem counties post a request in the responses and I will get it up for you.

-Roxanne Ardary

Burlington County Single Family Home Sales:

Settled Units:

2007: 582
2008: 454 (2007/2008 change: -21.99%)
2009: 350 (2008/2009 change: -22.91%)

Average Settled Price:

2007: $302,000
2008: $270,000 (2007/2008 change: -10.60%)
2009: $254,000 (2008/2009 change: -5.93%)

Median Settled Price:

2007: $259,000
2008: $230,000 (2007/2008 change: -11.20%)
2009: $220,000 (2008/2009 change: -4.35%)

Average Percentage Settled Price was of Original Listing Price:

2007: 93.68%
2008: 91.99% (2007/2008 change: -1.80%)
2009: 88.56% (2008/2009 change: -3.73%)

Camden County Single Family Home Sales:

Settled Units:

2007: 724
2008: 538 (2007/2008 change: -25.69%)
2009: 395 (2008/2009 change: -26.58%)

Average Settled Price:

2007: $214,000
2008: $205,000 (2007/2008 change: -4.21%)
2009: $183,000 (2008/2009 change: -10.73%)

Median Settled Price:

2007: $192,000
2008: $190,000 (2007/2008 change: -1.04%)
2009: $170,000 (2008/2009 change: -10.53%)

Average Percentage Settled Price was of Original Listing Price:

2007: 94.13%
2008: 91.46% (2007/2008 change: -2.84%)
2009: 88.35% (2008/2009 change: -3.40%)

Gloucester County Single Family Home Sales:

Settled Units:

2007: 416
2008: 278 (2007/2008 change: -33.17%)
2009: 248 (2008/2009 change: -10.79%)

Average Settled Price:

2007: $244,000
2008: $235,000 (2007/2008 change: -3.69%)
2009: $218,000 (2008/2009 change: -7.23%)

Median Settled Price:

2007: $229,000
2008: $215,000 (2007/2008 change: -6.11%)
2009: $200,000 (2008/2009 change: -6.98%)

Average Percentage Settled Price was of Original Listing Price:

2007: 94.11%
2008: 92.57% (2007/2008 change: -1.64%)
2009: 89.22% (2008/2009 change: -3.62%)

Mercer County Single Family Home Sales:

Settled Units:

2007: 433
2008: 311 (2007/2008 change: -28.18%)
2009: 219 (2008/2009 change: -29.58%)

Average Settled Price:

2007: $306,000
2008: $383,000 (2007/2008 change: +25.16%)
2009: $304,000 (2008/2009 change: -20.63%)

Median Settled Price:

2007: $255,000
2008: $280,000 (2007/2008 change: +9.80%)
2009: $245,000 (2008/2009 change: -12.50%)

Average Percentage Settled Price was of Original Listing Price:

2007: 92.18%
2008: 89.85% (2007/2008 change: -2.53%)
2009: 87.67% (2008/2009 change: -2.43%)

Salem County Single Family Home Sales:

Settled Units:

2007: 83
2008: 58 (2007/2008 change: -30.12%)
2009: 36 (2008/2009 change: -37.93%)

Average Settled Price:

2007: $166,000
2008: $204,000 (2007/2008 change: +22.89%)
2009: $148,000 (2008/2009 change: -27.45%)

Median Settled Price:

2007: $142,000
2008: $182,000 (2007/2008 change: +28.17%)
2009: $130,000 (2008/2009 change: -28.57%)

Average Percentage Settled Price was of Original Listing Price:

2007: 93.82%
2008: 90.91% (2007/2008 change: -3.10%)
2009: 83.29% (2008/2009 change: -8.38%)

Mt. Laurel Monthly Statistics for February 2008 through February 2009

Inventory Accumulation for the Last 12 Full Months

*Current Inventory is based on the actual available properties on the date this report was created.
**Average Monthly Sales is the average sales for the last 12 full months
***Inventory accumulation (in months) = Current Inventory Units / Average Monthly Sales

 Pricing Details of Sold Units for the Date Range Selected

Inventory Accumulation figures are only calculated when Report End Month is the current month 

© Copyright 2009 TREND MLS – Information Deemed Reliable but Not Guaranteed. Printed 3/17/2009 11:39:58 AM

Burlington County Home Sales:

Current active listings: 3,745
February new listings: 724
Homes sold per month – 12 month average : 336
February units pending settlement: 245
February units sold: 215
Inventory accumulation: 11 months
Days on Market – 12 month average: 93
Average sold price YTD: $244,007

Camden County Home Sales:

Current active listings: 3,878
February new listings: 748
February units pending settlement: 285
February units sold: 246
Homes sold per month – 12 month average : 321
Inventory accumulation: 12 months
Days on Market – 12 month average: 84
Average sold price YTD: $185,736

Gloucester County Home Sales:

Current active listings: 2,376
February new listings:  488
February units pending settlement:  142
February units sold:  143
Homes sold per month – 12 month average :  200
Inventory accumulation: 11 months
Days on Market – 12 month average:  93
Average sold price YTD: $213,214

Mercer County Home Sales:

Current active listings: 2286
February new listings:  515
February units pending settlement:  196
February units sold: 126
Homes sold per month – 12 month average :  233
Inventory accumulation:  9 months
Days on Market – 12 month average:  87
Average sold price YTD:  $300,308

Salem County Home Sales:

Current active listings: 607
February new listings:  88
February units pending settlement:  44
February units sold:  18
Homes sold per month – 12 month average :  31
Inventory accumulation: 19 months
Days on Market – 12 month average:  102
Average sold price YTD:  $155,822

Trend MLS disclaimer: Information Deemed Reliable but Not Guaranteed. 

Gov. Jon S. Corzine is proposing a $29.8 billion state budget for the upcoming fiscal year that includes tax hikes of more than $1 billion, including the suspension of most homeowners’ ability to deduct property taxes from their income taxes.

Corzine said the deep recession requires difficult choices, including ending property tax rebates for households with incomes over $75,000 and more than a half-dozen increases in taxes. He said the budget’s $7 billion structural deficit is addressed mostly through $4 billion in spending cuts and $2.2 billion in federal stimulus aid.

“Make no mistake: Because of where the world is right now, we must move in directions we might not otherwise choose,” Corzine said.

The tax changes include raising the tax rate on incomes over $500,000, taxing lottery winnings over $10,000, extending a 4 percent surcharge on corporate taxes, increasing cigarette taxes 12.5 cents a pack and boosting taxes on liquor and wine by 25 percent.

Most surprising was Corzine’s proposal to suspend, except for seniors, taxpayers’ ability next year to deduct their property taxes from their income taxes. The one-year move would cost taxpayers an estimated $400 million, the administration says. 

Businesses will face an increase in payroll taxes:

Payroll taxes would be increased on businesses, despite deposits by the state and federal governments into the depleted unemployment fund. New Jersey will put in $150 million, not the $270 million announced last month. Corzine said it would take a deposit of $500 million or more to avoid a payroll tax increase but that the money being put in will help limit the increase.

State workers will have to contend with one of two scenarios:  

Corzine said he wants to reduce personnel costs by $400 million by freezing state workers’ wages and furloughs throughout fiscal 2010. The alternative, he said, would be to lay off as many as 7,000 workers. College employees’ salaries would also be frozen.

A number of other tax hikes on various goods were also mentioned. In regards to the homeowner’s rebate cuts NorthJersey.com’s article posted this analysis:

Although many budget details had leaked in advance, the lost tax write-off caught many off guard. Corzine would remove the property tax deduction on income taxes for all but senior citizens, and eliminate property tax rebates for non-senior households making more than $75,000 a year. Non-senior households earning $50,000 to $75,000 would see their rebate check from last year slashed by a third. Last year’s program offered staggered rebates for households making up to $150,000.

That could translate into a double whammy for non-senior homeowners earning $75,000 to $150,000. They lose their rebate and hundreds of dollars from the deduction.

A homeowner earning $95,000, for example, would not only lose a $1,000-plus rebate. Scrapping the property tax deduction would take away another $350 or so, according to state figures.

“The loss of the deduction would make homeownership even harder for New Jersey residents who are struggling to make ends meet during this recession,” said Senate Minority Leader Tom Kean Jr., R-Union.

The revenue raised by eliminating the property tax deduction would help pay for the preserved rebates, Corzine said, adding that he wants to restore rebates to higher income families “as soon as the recovery of state revenues allows.”

If it passes would the unintended consequences be actually forcing stuggling homeowners into selling their homes (increasing inventory even more) or foreclosure which would then result in even less revenue generated for the state?  These changes would also impact future home buyers ability to afford to purchase a home and as a result home sellers would be forced to reduce home prices further to make up for the additional tax expense for the state. 

What are your thoughts on Corzine’s budget proposal? 

Burlington County Single Family Home Sales:

Settled Units:

• 2007: 254
• 2008: 233 (2007/2008 change: -8.27%)
• 2009: 162 (2008/2009 change: -30.47%)

Average Settled Price:

• 2007: $330,000
• 2008: $275,000 (2007/2008 change: -16.67%)
• 2009: $257,000 (2008/2009 change: -6.55%)

Median Settled Price:

• 2007: $265,000
• 2008: $234,000 (2007/2008 change: -11.70%)
• 2009: $225,000 (2008/2009 change: -3.85%)

Average Percentage Settled Price was of Original Listing Price:

• 2007: 93.04%
• 2008: 91.26% (2007/2008 change: -1.91%)
• 2009: 88.69% (2008/2009 change: -2.82%)

Camden County Single Family Home Sales:

Settled Units:

• 2007: 353
• 2008: 272 (2007/2008 change: -22.95%)
• 2009: 159 (2008/2009 change: -41.54%)

Average Settled Price:

• 2007: $223,000
• 2008: $200,000 (2007/2008 change: -10.31%)
• 2009: $182,000 (2008/2009 change: -9.00%)

Median Settled Price:

• 2007: $192,000
• 2008: $191,000 (2007/2008 change: -0.52%)
• 2009: $175,000 (2008/2009 change: -8.38%)

Average Percentage Settled Price was of Original Listing Price:

• 2007: 93.96%
• 2008: 91.55% (2007/2008 change: -2.56%)
• 2009: 87.91% (2008/2009 change: -3.98%)

Gloucester County Single Family Home Sales:

Settled Units:

• 2007: 195
• 2008: 140 (2007/2008 change: -28.21%)
• 2009: 120 (2008/2009 change: -14.29%)

Average Settled Price:

• 2007: $247,000
• 2008: $222,000 (2007/2008 change: -10.12%)
• 2009: $215,000 (2008/2009 change: -3.15%)

Median Settled Price:

• 2007: $229,000
• 2008: $205,000 (2007/2008 change: -10.48%)
• 2009: $195,000 (2008/2009 change: -4.88%)

Average Percentage Settled Price was of Original Listing Price:

• 2007: 93.63%
• 2008: 92.05% (2007/2008 change: -1.69%)
• 2009: 89.09% (2008/2009 change: -3.22%)

Mercer County Single Family Home Sales:

Settled Units:

• 2007: 216
• 2008: 166 (2007/2008 change: -23.15%)
• 2009: 103 (2008/2009 change: -37.95%)

Average Settled Price:

• 2007: $294,000
• 2008: $401,000 (2007/2008 change: +36.39%)
• 2009: $323,000 (2008/2009 change: -19.45%)

Median Settled Price:

• 2007: $265,000
• 2008: $298,000 (2007/2008 change: +12.45%)
• 2009: $250,000 (2008/2009 change: -16.11%)

Average Percentage Settled Price was of Original Listing Price:

• 2007: 92.44%
• 2008: 89.90% (2007/2008 change: -2.75%)
• 2009: 89.74% (2008/2009 change: -0.18%)

Salem County Single Family Home Sales:

Settled Units:

• 2007: 43
• 2008: 30 (2007/2008 change: -30.23%)
• 2009: 16 (2008/2009 change: -46.67%)

Average Settled Price:

• 2007: $172,000
• 2008: $198,000 (2007/2008 change: +15.12%)
• 2009: $146,000 (2008/2009 change: -26.26%)

Median Settled Price:

• 2007: $154,000
• 2008: $182,000 (2007/2008 change: +18.18%)
• 2009: $135,000 (2008/2009 change: -25.82%)

Average Percentage Settled Price was of Original Listing Price:

• 2007: 93.30%
• 2008: 90.52% (2007/2008 change: -2.98%)
• 2009: 83.08% (2008/2009 change: -8.22%)

Notes on Statistics

• All statistics are from TREND’s monthly Residential Activity Reports. Due to the fluid nature of MLS data, insignificant statistical variations may occur with regard to sales activity between the various TREND reports.
• Mobile homes and condominiums are excluded from these statistics.
• This report includes information on listings and transactions facilitated through TREND and does not reflect the total number of listings and transactions of a given market area.
•  All monetary statistics are rounded to the nearest $10.
• Percent Change is the change in value as compared to the same month of the previous year. Indicated by +/-0.0%.

Burlington County - Single Family - Total Inventory
The number of active single-family listings on the market on the last day of the specified month.

YOY January Active Listings Comparison:

• 2008: 3,474
• 2009:  3,321  (-4.4%)

Burlington County – Single Family – Inventory Accumulation
The number of months it would take to exhaust the current supply of single-family listings at the current absorption rate.

YOY January Inventory Accumulation Comparison:

• 2008: 9.4 months
• 2009: 11.5 months (22.3%)

Burlington County – Single Family – Pending
The number of single-family listings with Pending dates during the specified month. Settlement could be scheduled that month or in the future.

YOY January Pending Contracts Comparison:

• 2008: 289
• 2009: 196  (-32.2%)

Burlington County – Single Family – Settled Units
The number of single-family listings with Settled dates during the specified month.

YOY January Settled Units:

• 2008: 233
• 2009: 162 (-30.5%)

Burlington County – Single Family – Median Settled Price
The median price that single-family listings settled for during the specified month. Determined by arranging all Settled Listings in numerical order by price and then selecting the middle value.

YOY January Median Settled Price:

• 2008: $234,000
• 2009: $225,000 (-3.8%)

Burlington County – Single-Family – Average Settled Price
The average price that single-family listings settled for during the specified month. Determined by dividing the Total Settled Volume by the number of Settled Listings.

YOY January Average Settled Price:

• 2008: $275,000
• 2009: $257,000 (-6.5%)

Burlington County – Single Family – Average Settled Price / Original Listing Price
The average percentage of the Original Price that single-family listings settled for during the specified month. This number is determined by dividing the Settled Price by the Original Price for every listing, summing them and then dividing by the number of settled listings. TREND excludes listings if the Settled Price is greater than 150 percent or less than 50 percent of the Original Price. This ensures the percentage is more representative of listings in the market area.

YOY January Average Percentage of Original List Price on Settled Units

• 2008: 91.3%
• 2009: 88.7% (-2.8%)