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Market Conditions in Bergen County : Real Estate Advice

  • All116
  • Local Info9
  • Home Buying62
  • Home Selling6
  • Market Conditions5

Activity 114
Tue Aug 29, 2017
Lcclee asked:
Tue Apr 4, 2017
Aspero47 asked:
Mon Oct 17, 2016
Pm194224 answered:
want to take bus from fairlawn nj to port authority ny
0 votes 5 answers Share Flag
Tue Jul 19, 2016
Cgrt answered:
Now Studios are in the $75,000 range. 2 bd around $185,000 1 beds starting around $130K. The co-op is in fantastic financial condition and has a low maint fee. The underlying mortgage is self liquidating ... more
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Tue Oct 6, 2015
thinz answered:
Based on what I'm seeing the market is improving. For pre-foreclosure homes, the lenders are not low balling their settlements in short sales as they did several years back...they are more often coming in higher with their BPO values thus resulting in short sale settlements that average between 10-20% below retail. Sometimes more depending on case circumstances.
Tom Hinz www.shortsaletosell.com
... more
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Tue Jul 28, 2015
thinz answered:
Always provide an address when asking a specific question about value. Values for renovated homes can vary greatly within a town depending on location. Tom Hinz www.shortsaletosell.com ... more
0 votes 2 answers Share Flag
Fri Jun 19, 2015
Cw3pmd asked:
This question was asked from http://www.trulia.com/property/3164271988-17-Winterburn-Pl-A-Edgewater-NJ-07020
0 votes 0 Answers Share Flag
Tue Mar 10, 2015
laurence.goldberg answered:
The "Bluff Section" aka " Palisades East" aka "Riverside" has three zones;

R-1 A; 100x100 lot ; 10,000 Sq. Ft.; Duncan Road and East Euclid.
R-1: 75 X 100 lot; 7,500 Sq. Ft.; South of Euclid.
R-2: 50 X 100 lot; 5,000 Sq. Ft; North of Euclid.

Cost of Raw land or existing home for a knock down:

R-1A; $1,200,000 min. - $1,500,000 with full river view.
R-1; $800,000 min. - $1,000,000-$1,200,000 partial river view - $1,500,000 $1,800,000 for full river view.
R-2: $350,000- 450,000 depending on location.

Cost of new construction in these zones $200.00 per square foot of living area.

Prices should be similar over next year. As interest rates go up, prices will come down. As the stock market makes a down ward correction people may take profits and invest in quality homes.
... more
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Mon Mar 9, 2015
efd5598 asked:
This question was asked from http://www.trulia.com/property/3150607427-98-Walnut-St-Oakland-NJ-07436
0 votes 0 Answers Share Flag
Mon Feb 2, 2015
TP answered:
It has improved drastically and continues to, thanks to outstanding, now not-so-new management. They are detail oriented, strict with staff, responsive, and seem to genuinely care about improving the community. I am an owner and resident and the turnaround has been phenomenal. It's been a huge relief, honestly. ... more
0 votes 1 answer Share Flag
Sat Jan 24, 2015
Helena Lobo Zagorski answered:
corner of Hudson Terrace and Van Nostrand Ave
0 votes 4 answers Share Flag
Sun Nov 9, 2014
John Westrich answered:
Hello Nicole, I was wondering if you ever found a property. One very similar property I know about is possibly coming out onto the market.

Contact me, 862-432-9555
0 votes 2 answers Share Flag
Sun Nov 2, 2014
Randy Stoker answered:
Some condominium developments have restrictions on how many rental units vs . owner occupied units can be rented out. The common ratio is 25% in my area. You will have to check with the homeowner association to verify. Other than that a condo is rented like any other residence. ... more
0 votes 1 answer Share Flag
Sat Oct 18, 2014
hhrggy8730624f asked:
This question was asked from http://www.trulia.com/property/3165206883-1481-Gaylord-Ter-Teaneck-NJ-07666
0 votes 0 Answers Share Flag
Wed Oct 8, 2014
Janardan "Reddy" Nukalapati answered:
I live in Leonia but have not heard of any vilent crime in that area. Please email at reddyn45@gmail.com if you have any questions.

Reddy
0 votes 2 answers Share Flag
Mon Oct 6, 2014
Paula Clark answered:
Typically here is a great way to know if a home is priced correctly.
You can never price a home too low because the buyers will set the price and there will be many offers thus creating a bidding war. However, if you price the home too high, it will sit and the buyers will sit back and wait for a reduction. At that time, the homeowner will be repositioning that home with a new price. At that time the buyers will make an offer, but usually at a much lower price.
Unless of course there is more than one buyer.
Look at days on the market always. If you would like to know more about homes in your market place, and information on where the price should be. Call or email me with the address, and I will send you a market report of that home immediately. No questions asked.
Go to NorthJerseyFreeHomeInfo.com
... more
0 votes 8 answers Share Flag
Sat Sep 13, 2014
Debra (Debbie) Rose answered:
floodsmart.gov is not always up to date -

I have a listing that was removed from being in a flood zone and requiring flood insurance (back in July).................... and floodsmart.gov still shows it as "high risk" and in the flood zone ... more
0 votes 3 answers Share Flag
Sun Aug 31, 2014
Jae Hong Kim asked:
This question was asked from http://www.trulia.com/foreclosure/3162739331--E-Central-Blvd-Palisades-Park-NJ-07650
0 votes 0 Answers Share Flag
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