Randolph & Shongum Lake Real Estate

Hello, I am Missy Iemmello and I am your Randolph Twp & Shongum Lake Real Estate Resource. This website is your one stop shop for all things related to Randolph & Shongum Lake Real Estate .

Missy Iemmello

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Here you can find last month's closed transactions in Randolph Twp and Shongum Lake. You’ll be able to see the Street Address, the list price (List $), the sold price (Sale $) as well as the beds, baths, garage, basement, year built, days on market (DOM) and the date closed. Please note that List Price and Days on Market are reflective of the listing contract in place at time of sale and do not consider any previous listing agreements.

*Information deemed reliable but not guaranteed. Not all sales made by Missy Iemmello or Remax.

Shongum Lake Closed Real Estate Transactions January 2015*
ADDRESS Shongum Lake STYLE Bds Bth G Bs YB List $ Sale $ DOM Date
No Solds Reported
Randolph Twp Closed Real Estate Transactions January 2015*
ADDRESS TOWN STYLE Bds Bth G Bs YB List $ Sale $ DOM Date
40 HILL STREET RANDOLPH TWP CAPE 3 1.1 1 YES 1946 $261,250 $250,000 141 1/29/15
68 WILKSHIRE BLVD RANDOLPH TWP COLONIAL 4 3.1 2 YES 1995 $649,900 $637,500 47 1/28/15
129 DOVER CHESTER RD RANDOLPH TWP RANCH 3 2 1 YES 1963 $349,900 $345,000 62 1/27/15
6 WOODCOCK ROAD RANDOLPH TWP COLONIAL 4 2.1 2 YES 1973 $525,900 $510,000 110 1/25/15
209 BOULDER RIDGE DR RANDOLPH TWP TOWNHOME 2 3.1 1 YES 2002 $345,000 $332,000 46 1/23/15
5 HUNTINGTON DR RANDOLPH TWP COLONIAL 4 2.1 2 YES 1980 $535,000 $530,000 52 1/20/15
8 SHAKERMILL RD RANDOLPH TWP COLONIAL 4 3.1 2 YES 1988 $699,900 $685,000 45 1/20/15
1531 SUSSEX TPK RANDOLPH TWP COLONIAL 3 2 0 YES 1880 $215,000 $228,000 81 1/16/15
14 SPRINGHILL ROAD RANDOLPH TWP COLONIAL 4 2.1 2 YES 1975 $569,500 $555,000 15 1/16/15
15 RIPPLING BROOK WAY RANDOLPH TWP COLONIAL 4 2.1 3 YES 1993 $575,000 $575,000 111 1/8/15
28 KENSINGTON DR RANDOLPH TWP TOWNHOME 2 2.1 1 YES 9999 $425,000 $385,000 59 1/5/15
15 RIDGEWOOD DRIVE RANDOLPH TWP TOWNHOME 2 2.1 2 YES 1995 $385,000 $380,000 42 9/30/14
9 MISTY MOUNTAIN ROAD RANDOLPH TWP COLONIAL 5 2.1 2 YES 1966 $465,800 $459,000 14 9/30/14
20 WINCHESTER TERRACE RANDOLPH TWP COLONIAL 4 2.1 2 YES 1991 $625,000 $615,000 79 9/23/14
6 BLUEBIRD COURT RANDOLPH TWP COLONIAL 4 3 3.1 YES 2003 $798,800 $790,000 119 9/23/14
57 RIDGEWOOD DRIVE RANDOLPH TWP TOWNHOME 3 2.2 2 YES 1994 $439,900 $424,000 3 9/19/14
99 PLEASANT HILL ROAD RANDOLPH TWP BILEVEL 4 2.1 2 YES 9999 $480,000 $459,900 39 9/18/14
43 ZELIFF PLACE RANDOLPH TWP COLONIAL 4 3 2 YES 1945 $255,000 $180,000 30 9/16/14
37 MEADOWBROOK ROAD RANDOLPH TWP COLONIAL 4 2.1 2 YES 1973 $629,900 $630,000 22 9/16/14
30 SHONGUM ROAD RANDOLPH TWP BILEVEL 5 2.1 2 NO 1964 $324,900 $205,000 98 9/5/14
21 MARAJALEEN DRIVE RANDOLPH TWP COLONIAL 4 2.1 2 YES 1996 $629,900 $610,000 94 9/5/14
14 ORCHARD DRIVE RANDOLPH TWP COLONIAL 4 3 3 YES 1987 $750,000 $726,750 30 9/5/14
17 LAWRENCE ROAD RANDOLPH TWP RANCH 3 2.1 2 YES 1967 $410,000 $397,000 49 9/3/14
22 CROMWELL DRIVE RANDOLPH TWP COLONIAL 5 3 2 YES 1987 $630,000 $630,000 157 9/3/14
11 RED OAK LANE RANDOLPH TWP COLONIAL 5 4.1 3 YES 2005 $975,000 $990,000 17 9/3/14
26 LAKE DRIVE RANDOLPH TWP CUSTOM 4 1.1 2 NO 1960 $425,000 $417,500 43 9/2/14
26 RED BARN LANE RANDOLPH TWP SPLIT LEVEL 5 2.1 2 YES 1979 $500,000 $495,000 14 9/2/14
3 LEXINGTON CT RANDOLPH TWP COLONIAL 4 4.1 3 YES 1997 $1,099,000 $1,038,000 68 9/2/01

Trulia VIP Award

This nicely updated one bedroom/one bath 2nd floor unit is available for rent for $1250/month. Community living includes pool and tennis courts. Great commuter locale.
also available for sale for $169,900. Makes a great investment property.

photo-20Come join me on this beautiful day and view this lovely townhome, conveniently located in Woodmont in Randolph. Priced to sell at $339,000, it will be worth your trip!
This 2 bedroom 2 1/2 bath home has an updated kitchen, full finished walk out basement, fireplace and backs to woods for privacy.

93 Woodmont Drive, Randolph

SLPOA 2015 Calendar of Events
March 13th St. Patrick’s Day Party
April 3rd The Hunt
TBD Progressive Dinner
April 25th Beach & Grounds Pre-Clean Up Day – Adults only
May 9th Beach Clean Up Day / Badge Pick Up
May 23rd Memorial Day Party
June 6th Swim Team Area Clean-Up & Lane Set Up (June 13th rain date)
June 19th 1st Friday Night Happy Hour
June 22th Swim Team – Practice Starts
June 25th Swim Team – Intra Squad Meet / Pizza Party / Parent Meeting
June 29th Swim Team – First Swim Meet
June 29th -
July 9th
Swim Lessons on the Beach (1st set)
July 4th 4th of July Picnic and Bike Parade
July 7th Swim Team – Camel Back Family Day
July 11th Swim Team – 12&U BBQ / Raid / Sleepover
July 13th -
July 23rd
Swim Lessons on the Beach (2nd set)
July 18th Family Campout on the Beach
July 21th Swim Team – 13+ Shore Trip (July 23rd rain date)
July 31th Swim Team – Pasta Dinner / Pep Rally
August 7th Swim Team – Lane Breakdown & Clean Up
August 8th Swim Team – Finals & Award Ceremony
September 5th Labor Day Party
September 7th Triathlon

The recent recession had a devastating effect on real estate, which lost a third of its value, on average. Economic trends, however, have begun to suggest that prices could rise substantially over the coming decade or longer. Most recently, Federal Reserve Chairman Ben Bernanke’s decision to begin a third round of so-called quantitative easing (effectively printing money) has increased the odds of eventual inflation that would greatly boost the prices of tangible assets, especially houses.
There’s no guarantee, of course, that home prices will escape another dip next year, especially if there’s a recession or any sort of economic slowdown. And it may take some time for real estate prices to recover fully. In addition, not everyone who might want to buy today will be able to get a mortgage. But for people who can afford to buy a home and expect to stay in it for at least a decade, there’s a compelling argument that the current housing market offers an exceptional opportunity. Consider these five factors:
Buying a home right now is cheaper than renting. Both home prices and rents have risen a little bit from their post-recession lows, but rents are up more. Mortgage rates are at their lowest levels in more than half a century. And given current prices and tax benefits, owning a home is cheaper than renting in almost every major U.S. housing market.

The mortgage interest deduction is unlikely to be eliminated. Comprehensive tax reform schemes often call for curtailing the income tax deduction for mortgage interest. That’s understandable, since the tax benefit costs the government $80 billion to $100 billion a year that could be used instead to reduce overall tax rates. The Republican party flirted with including language in their 2012 platform which advocated for reducing the tax benefit of owning a home, but Governor Romney has remained vague on the extent of any proposed limitation for primary residences. And most commentators say that the real estate lobby and the broad popularity of the deduction among homeowners greatly limit the extent to which the deduction can be modified. At most, the cap on the amount that can be deducted may be lowered, but probably not enough to affect middle-class homebuyers.

Home prices are very cheap but appear to be past a bottom. On a national basis, home prices are down more than 30% from their 2007 peak. Eventual economic recovery will almost certainly boost housing prices. Following the recessions of 1973-75 and 1981-82, home prices rose by about 20% in real terms (i.e., not counting price increases from inflation) within seven years or less. The drop in home prices in the most recent recession was at least four times as large as the declines in those two previous recessions. As a result, the recovery is taking longer to get going, but the eventual rebound could be proportionately greater. Price increases resulting from inflation would be on top of those real gains.
A substantial amount of inflation seems likely at some point. Since 2008, Fed policies aimed at revving up the economy have more than tripled the basic money supply (including currency but excluding checking and savings accounts). In a simplistic sense, that means the potential exists for the dollar to lose up to two-thirds of its value. The reality is more complex, of course, and inflation pressures won’t begin to build until people and businesses feel free to start spending the excess cash they have. But as the recovery proceeds and spending picks up, the recent increases in the amount of money outstanding could begin to cause quite substantial inflation. To prevent that, the Fed would have to drain much of money that it has added over the past three years. And that would be difficult to do quickly, because it would risk jacking up interest rates to a level high enough to cause another recession.

In short, since owning a home is typically cheaper than renting after tax benefits are considered, today’s buyers would come out ahead unless housing prices fall substantially. In fact, though, prices figure to rise, either because of an economic recovery or because of inflation (or more likely, both). Yet while buying a home today is a safer bet than it was before the recession, most people are more hesitant to buy a home today than they were five years ago. Don’t let this opportunity pass you by!



2350 Route 10 W,C24, Parsippany



This  beautiful ranch style home in Shongum Lake with Lake Rights will make a perfect home for Dan and his family.   Ideal corner lot, with winter view of lake. $387,500

Call today to help find your perfect home!

Missy helped us with both sell of our home and purchase of home in Randolph. She is awesome and very pleasant and easy to work with. She always provided us with honest, professional advices and guided us from estimate, marketing and closing. Unlike most agents She never pushed us to buy or sell. She is also comfortable to deal with different agents. I strongly recommend her when you buy or sell your next home in Randolph Area.



Stop by and visit this lovely townhome with 2 bedrooms, 2 1/2 baths, updated kitchen, hardwood floors, walk out daylight basement, first floor laundry, alll in a great community located in desireable Woodmont development. Priced to sell at $339,000.

Come by today between 1-4pm!

As we head into February the number of homes on the market starts to rise, we are currently up to 108 active homes.  Though the interest rates are still low, we have seen them rise a little this week and what will happen week by week is as unexpected as the  weatherman predicting snow or just how long we will continue to enjoy low gas prices, which have slightly risen as well.

As a realtor  on the pulse of the market, the spring season starts in February right after Super Bowl Sunday.  We saw the most homes come on the market the day after since last year in our spring market. The buyers are already out in drobes and they are serious buyers or they would not be trudging out into these freezing temperatures or snow if they were not ready to buy.

Sellers need to know that getting your home ready for a very competitive spring market requires planning and professional advice. Your home needs to be picture perfect when it hits the market. Photography plays a big part since 99% buyers start their search online and will decide then whether they will take their time to visit your home.

Randolph is a big town, but a small community and that will continue to make it a very desirable place to live.

Visit my sight monthly for the most up to date information on the home sales in Randolph at www.Randolph-NJ-Homes.com.

The Shongum Lake is a private lake community which offers a resort like community right in your own backyard. Families who live near the lake and whom are members of the lake walk to the lake in the summer for family outings, ice-skate on the lake during the winter, and jog around the picturesque neighborhood in the fall and spring. Friday nights in the summer are Happy Hour where families and friends gather to enjoy the lake, weather, and each other’s company. Parties at the Lake House are always a big hit and parties for Memorial Day, Fourth of July, and Labor Day are huge community events that are truly fun for the whole family

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