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Frequently Asked Questions

What warranties come with a new construction home?
Most Builders provide a 1-year workmanship warranty, a 2-year systems warranty, and a 10-year structural warranty.
What upgrades are included in a new build vs what is considered extras?
Builders in Leonardo, NJ usually offer a base package and optional upgrades such as flooring, countertops, and appliances.
Do new construction homes in Leonardo, NJ hold their value?
Yes, especially in fast-growing areas of Leonardo, NJ. Resale values are supported by population growth, job opportunities, and desirable schools.
What happens if I find issues after moving in to new build?
Builders typically provide a post-move in warranty service to address punch list items.

Home Trends in Leonardo, NJ

Housing Trends

Median Sale Price
$623,250
Median Single Family Sale Price
$625,749
Average Price Per Sq Ft
$435
Number of Homes for Sale
6
Last 12 months Home Sales
36
Months of Supply
2.00
Median List Price
$625,749
Median Change From 1st List Price
0%
Median Home Sale Price YoY Change
7%
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