THE SCOOP: When the 42-acre site of the vacant National Guard Armory on Smithtown Boulevard in Nesconset was redeveloped a few years ago to house the Nesconset branch of the Smithtown Library and an 18-acre park with athletic fields, a walking trail and playground, it was the start of something great, residents say.
"It breathed new air into the community," says 46-year resident Margaret Remhild, a broker with Douglas Elliman Real Estate. "We have a lot of events that take place at the gazebo next to the library," adds Remhild, citing, in part, summer concerts and fundraisers for the Smithtown Children's Foundation. "It's not just a library and soccer fields -- it has helped the community to gather and to help each other."
"Nesconset is an up-and-coming area," says Mary Mendelsohn of Coach Realtors, noting the market is buoyed by the redevelopment. Other improvements made along the commercial stretch of Smithtown Boulevard include the addition of old-fashioned street lamps. A shopping center with a bank, florist, Starbucks and other businesses opened about five years ago. "We could use a supermarket," Remhild says, noting there are some nearby.
The area is largely upper middle income, says Mendelsohn, noting older homes are generally priced between the $300,000s and upper $500,000s, depending on updates, while newer homes -- up to 4,000 square feet -- are priced in the $800,000s and $900,000s.
CONDOS AND TOWNHOUSES: Four listings between $289,000 and $458,000
SALES PRICE: From March 1, 2013, to April 9, 2014, there were 107 sales, with a median price of $377,500, according to Multiple Listing Service of Long Island data. The low price was $103,128 (for a property owned by the lender), and the high was $949,000. From March 1, 2012, to April 9, 2013, there were 100 sales. The median price was $381,000, with a low of $160,000 and a high of $900,000.
Attractions Chamber events include the 27th Annual Nesconset Craft Fair and Flea Market, scheduled for May 4, and the summer concert series, scheduled to begin July 1.
MORE NESCONSET STATS:
Area: 3.8 square miles
ZIP code: 11767
Median age: 40
Median household income: $108,250
Median home value: $369,990*
LIRR time to NYC: 1 hour 6 minutes to 1 hour 25 minutes at peak
Monthly ticket: $363
School district: Smithtown
SOURCES: 2010 Census; mlslI.com; LIRR;
*Based on sales in the past six months, according to MLSLI