Through the ups and downs of the real estate market, Livingston consistently remains a highly sought after place to live. Livingston is a sprawling suburb with a fairly spread out population of roughly 24,000 people. Livingston was developed much later than some of the neighboring towns like West Orange, Millburn etc.
Until the 1950’s it was still very much farm land. After World War II, when the Vets returned home, they needed new housing to accommodate themselves and their families. Small tract housing began popping up in what is now known as the Old Cherry Hill neighborhood. They built a large amount of small cape style homes on decent sized lots. And it pretty much has remained untouched until recent years.
As Livingston continued to develop through the 1960’s and 1970’s larger, split level and bi-level homes became the rage. They were a very efficient use of space and cost effective for the developers to build. In the late 1970’s – 1980’s until now, new neighborhoods developed with very large homes – square footage of 6,000 square feet and more. This makes for a very socio-economically diverse town, but one without the “wrong side of the tracks” mentality. You can still buy a small home in the $300,000 price range hat has .25 acre of property, in a top rated school district without compromising safety. And that’s just not easy to find.
On the Market Now in Livingston $300,000 – $400,000
Besides its housing stock , consistently top rated school system and proximity to New York City, Livingston is also known for having lower real estate taxes compared to most towns in Essex County. The reason is, Livingston has large tax ratables coming from large corporate offices that dot Eisenhower Parkway, mega retail on Route 10 and the Livingston Mall. This places less of a burden on the home owner. Here is a very general comparison:
Livingston offers its residents great value because of lower taxes, a great school system, cultural and recreational activities. In the mid range you still get a good house for the money.
Here is what is on the market now in Livingston Between $500,000 – $800,000
The top end of the Livingston market has gone sky high. Some of the most expensive homes ever sold, were sold within the past 12 months. There is a great deal of new construction going on, which pushed prices up. There are also al ot of rehabs going on in the areas that have the smaller tract type homes.