Counsellors Title Agency Opens New Office in Morris County
The new branch is located in Chatham. The office will serve Morris and the surrounding counties. This is the second branch office opened by Counsellors Title Agency in 2017. The other branch office was opened in Freehold, New Jersey, the county seat of Monmouth County.
Morris County, New Jersey is one of the state’s strongest real estate markets.
The median home value in Morris County is $424,900, which has gone up 2.0% over the past year according to Zillow and predicts that home values will trend higher into 2018. The median list price in Morris County is $222 per square foot, while the number of homes for sale has fallen in October to 2,013, from 2,455 for October 2016.
Counsellors Title’s decision to open a branch office in Morris County was the result of its burgeoning business within this highly sought-after market.
The county has a population of 49,000 according to some records provided by the US Census. The county has a per capita personal income average of $86,582, which is the highest in New Jersey, and it ranks 24th overall among all counties nationally. Morris County, as of the 2007 census, was the sixth wealthiest county in the United States by median income.
According to a Forbes Magazine article in 2009, Morris County was ranked the sixth best place in the nation to raise a family and the best county in New Jersey. This assessment was based upon its high graduation rate of 98.4%. In addition to its high quality of life, businesses appear to favor maintaining a presence within this region. There are 33 Fortune 500 businesses that have headquarters, offices or a major facility in Morris County: these include AT&T, Honeywell, Colgate-Palmolive, Pfizer, Johnson & Johnson, Exxon Mobil, Novartis, BASF, Verizon and Bayer.
Counsellors Title Agency is a full service agency specializing in delivering reliable, professional title insurance and settlement services to the New Jersey real estate industry and those who serve it. For more information, please contact Ralph Aponte, 732.914.1400 or go to the company website for a free quote or more information.