Market Conditions in 07013>Question Details

Tom, Other/Just Looking in Clifton, NJ

How will the closing of the Fire Station on Dumont Avenue In Clifton affect the home values in the area?

Asked by Tom, Clifton, NJ Fri Mar 13, 2009

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3
None. I wouldn't worry about it at all. It's rare for a realtor or an agent to take into account closings of firehouses when doing a market analysis on a home. The only time something like that would be of concern would be if you were located literally next to it or perhaps across from it, but even then the change would be minimal.
0 votes Thank Flag Link Wed Apr 3, 2013
This will not be a big factor in pricing.
Smaller towns like Dumont have great Fire Departments.
So if you are Buyer, don't fret.
If you are a Seller, don't give it a second thought.
0 votes Thank Flag Link Sun Nov 11, 2012
Hello, Tom!
Usually home near the Fire station is less desirable for potential buyers, because everybody afraid of the possible noise and peace disturbance. So, the closing of Fire station will make homes near by more desirable and, we can expect higher offers for them, but on another hand: home closer to Fire station has a lower rate for home owners insurance.
0 votes Thank Flag Link Fri Mar 13, 2009
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