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 Weichert, Realtors.

Shongum Lake Closed Real Estate Transactions March 2014*
ADDRESS Shongum Lake STYLE Bds Bth G Bs YB List $ Sale $ DOM Date
23 MEADOWBROOK RD SHONGUM LAKE COLONIAL 4 2.1 2 YES 1973 $769,900 $723,500 74 3/6/14
Randolph Twp Closed Real Estate Transactions March 2014*
ADDRESS TOWN STYLE Bds Bth G Bs YB List $ Sale $ DOM Date
1072 SUSSEX TPK RANDOLPH TWP RANCH 2 2 0 YES 1956 $259,000 $250,000 234 3/28/14
145 DOVER CHESTER RD RANDOLPH TWP CUSTOM 3 2.1 1 NO 1979 $359,000 $340,000 98 3/21/14
15 EAGLE COURT RANDOLPH TWP COLONIAL 4 2.1 2 YES 1992 $624,999 $620,000 6 3/19/14
17 TIMBER LANE RANDOLPH TWP CONTEMP 4 3.1 2 YES 1985 $685,000 $675,000 9 3/18/14
242 QUAKER CHURCH RD RANDOLPH TWP COLONIAL 4 2 1 YES 1948 $356,700 $352,000 67 3/13/14
23 MEADOWBROOK RD RANDOLPH TWP SPLIT 4 2.1 2 YES 1973 $769,900 $723,500 74 3/6/14
5 CEDAR TERRACE RANDOLPH TWP RANCH 2 1 0 YES 1960 $250,000 $235,000 0 3/4/14
54 ARROWGATE DRIVE RANDOLPH TWP TOWNHOME 3 2.1 2 NO 2000 $375,000 $375,000 62 3/4/14
110 ARROWGATE DRIVE RANDOLPH TWP TOWNHOME 3 2.1 2 YES 2000 $390,000 $380,000 78 3/4/14
11 HEATHER LANE RANDOLPH TWP COLONIAL 5 2.1 3 YES 1991 $825,000 $817,500 22 3/3/14

With the arrival of spring sunshine, home sellers can take advantage of brighter days to make their home shine. As part of their annual spring cleaning, most homeowners take the opportunity to give their windows a good cleaning, both inside and out. Not only does this allow more light to come in, but it also improves a home buyer’s view of the outdoor areas.

In addition to the windows, a brighter, gleaming look can be achieved by taking time to clean your light bulbs and fixtures as well. According to the U.S. Department of Energy, dirty bulbs shed 30 percent less light than clean ones, providing a legitimate reason to take the extra time required to give your light bulbs a full cleaning.

It may go without saying, but before you get started with your cleaning, you should always turn off the electricity to the fixture. For bulbs themselves, all that is necessary is a quick wipe down using a dry cloth, such as a dryer sheet, to remove dust and grime. Ceiling fixtures, pendant lights and other glass covers, can be removed and cleaned with either cleaning spray and a microfiber cloth or in warm, soapy water.

Dusting weekly will keep the time spent on a deep cleaning to a minimum, and help you enjoy a bright, light home all year long.

As spring enters the  Shongum Lake real estate market this week we currently have 2 active homes on the market, nothing has changed since last week. We have alot of buyers looking to move into Shongum Lake and very little inventory. I have met so many buyers at my open houses looking for a home in our community, so please let me know if you may be thinking of selling you home or may know someone.

Upcoming Events are  Canasta on 3/25 , Budget Meeting March 31st,  April 1st Empty Nesters Dinner, The Hunt April 18th & The Progressive Dinner April 26th

If you would like to know what your home is worth, call me today for a complimentary market analysis. If you are looking to move into the Shongum Lake community, I would love the opportunity to provide you with the most up to date information.

Call me today and “MOVE WITH MISSY”

This week in our local Randolph, NJ market, we are seeing  more listings. We currently have 77 active homes on the market which is up 6 homes from last week, 11 of those homes have already accepted a contract and are currently in attorney review. As we are officially in the Spring market we are definitely seeing large crowds of buyers at our opens houses. If you would like to know how much your home is worth in todays market, call me today!




This Week’s Mortgage News

Buyers using a jumbo mortgage might encounter a pleasant surprise: Mortgage rates for jumbo mortgages – loans over $417,000 in most of the United States and over $625,500 in pricier areas – are now at, or below, rates for conventional mortgages.

This compares to recent years when it was standard for mortgage rates for jumbo financing to be higher than comparable conventional loans. In fact, in 2009, jumbo rates were almost 2 percentage points higher, making these home purchases less affordable.

The lower costs and improved availability of jumbo financing can be attributed to recent changes in the home financing market, including the loosening of the secondary market for jumbo loans and the implementation of guidelines that exempt jumbo mortgages.

In addition to high-end homebuyers, this recent change is also good for the real estate market as a whole. Buyers taking out jumbo loans are usually move-up buyers, meaning the home they are selling is now available to a first-time buyer or other consumers seeking a home at a lower price point.

Featured Product: 10% Down Jumbo Loan 

Weichert Financial Services can offer qualified borrowers a fixed-rate jumbo mortgage loan of between $417,001 and $850,000 with only as little as a 10% downpayment. This opens a window of opportunity for buyers able to afford the monthly payments and upkeep on a home, but who have not yet been able to save enough to make the typical 20% downpayment.

Speak to a Weichert Gold Services Manager for more details.

Industry Trends

WFS Jumbo rate - 5/5 ARM: 2.75%
Other WFS rates - Check with your GSM for current rates.
Refi Index - 1547.6 (-3.11%)
Purchase Index - 168.8 (-0.47%)
NAHB Builder Confidence - 47 (+2.17%)
Existing Home Sales - 4,870,000 (+1.0%)
New Home Sales - 468,000 (+9.60%)
Pending Home Sales - 95.0 (+0.11%)

(As of Mar. 13, 2014. WFS rate: Mar. 20.) 

SOURCEMortgage News Daily

Missy “Mary Jo” Iemmello


284 Route 10 West

Randolph, NJ



Front 02 copy.HR


This home was previously on the market as a For Sale By Owner as well as with two other real estate agents prior to me listing it. I marketed the home and in the first weekend got it SOLD!

Call me today to find out how to market your home and get it SOLD in todays market!!



A glimpse at Shongum Lake real estate this week we currently have 2 active homes on the market and 1 home under contract, a spit level priced at $669,900. This is a definite sign of the improving market as home prices continue to rise and inventory stays incredibly low. Our St. Patty’s Day party was alot of fun with great Irish food and drink hosted by out new member chair, Ally Carroll, who did a teriffic job! Upcoming Events are Poker Night on 3/21,  Canasta on 3/25 and April 1st Empty Nesters Dinner.

If you would like to know what your home is worth, call me today for a complimentary market analysis. If you are looking to move into the Shongum Lake community, I would love the opportunity to provide you with the most up to date information.

Call me today and “MOVE WITH MISSY”


A quick glimpse of our local Randolph. NJ market, we currently have 71 active homes on the market which is up approximately 10 homes from last month, 9 of those homes have already accepted a contracted and are currently in attorney review. We will continue to see the inventory rise as we head into the spring though I do not expect to see us grow anywhere near the mid to high 100′s we have seen in the past several years. If we hit 100 homes or slightly above, that will be high this year.  We are in a normal market right now but are heading for a sellers market with homes predicted to appreciate approximately 3% a year. Stay tuned for more optimistic real estate news.

As the snow begins to melt after a long, harsh winter, homeowners will soon be able to catch their first glimpse of the weather’s impact on their landscaping. Between the ice, cold temperatures and plentiful use of melting salt, there is likely to be a few casualties from the winter weather.

The good news is that many areas had a consistent snow cover lasting several months. This blanket of snow is actually good for plants and grass since it insulates them and keeps them protected. At the same time, ice is bad for grass because it can freeze plant cells and crush blades of grass, causing it to die. Ice can also lead to broken or damaged branches.

While the full impact of the winter weather won’t be known until late spring or early summer, certain tasks can be done as soon as the snow and ice melts. These include removing broken branches and winter-damaged leaves from the yard and assessing the grass for dead spots. As the weather warms up, grass changes from brown to green; however, if grass has died, it won’t change color.

As the spring progresses, it will be easier to make decisions about how much pruning to do and to see if any grass or plants need replacing.




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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