57 Prospect St in Demarest NJ – Just Listed!

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57 Prospect St in Demarest NJ has just been listed for sale at $850,000  This is a big bi-level home that’s located in the highly sought after and prestigious Donnybrook neighborhood. Donnybrook has added value as a location since over half of all home buyers have school aged children.  This is because Demarest is renown for it’s outstanding schools. Let’s look at this Demarest home for sale first and then…

10 Canterbury Lane is Open This Sunday 1-4

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10 Canterbury Lane in New Milford is open this Sunday from 1 to 4 pm.  This is unquestionably the best value in townhouses in it’s price range.  If you look up all the information on it online, you might have the following questions – Why are they moving after only 2 years?  How old are the renovations?  Does the living room fireplace work?  How big are the bedrooms?  Will the…

This Weekend in Bergen County

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This weekend in Bergen County is filled with all sorts of things to do.  Let’s get to it right away! Autographfest at the American Dream Mall Autographfest is a major autograph show at the American Dream Mall they say will have over 300 dealers.  Sports stars from boxing to wrestling will be there to sign autographs and meet the public. This show is so big that they have dealer tables…

Buying A Condo? Watch Out For This!

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Buying a condo or are you thinking about it?  Either way, there are important things to watch out for.  Let’s go over what I check for whenever I have a customer for a condominium. Trust me on this.  You won’t find what you need to know in any listing form or internet posting.  That’s because the information you need comes from the property manager.  While I have many years of…

63 Byrne St in Hackensack Is For Sale

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63 Byrne St is a new listing I am just putting on the market in Hackensack, NJ.  Because the sellers work at home, showings begin at the open houses this weekend.  Saturday is 1-3 and Sunday is 1-4. The asking price is $475,000 and taxes are $10,578.  It’s a classic side hall colonial home with 3 bedrooms and 2 baths.  I’m really excited about bringing it to the market for…

Data Driven Real Estate Market Analysis

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I thought I should do a data driven real estate market analysis for you.  My previous article, The 2022 Real Estate Market for  Bergen County Homes, was done in a narrative format.  Because of this, I thought those of you who are data driven would appreciate a statistical approach to analyzing the market. Nothing has changed since I wrote my market analysis article on January 6th.  The Senate held confirmation…

The 2022 Real Estate Market For Bergen County Homes

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The 2022 real estate market for Bergen County homes will be unique.  This is because in some ways it’s going to be like 2021 and in others, not at all. This blog has given you a statistical breakdown of the market every January.  It seemed to me, however, that this year required a different approach.  Hopefully this take on the 2022 real estate market for Bergen County homes answers all…

Emerging Trends for Bergen County Homes

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Emerging trends for Bergen County homes confirms my earlier suspicions.  While nothing major is happening, it’s  becoming more and more apparent that the market has shifted. To understand what’s happening, let’s go back to what I have in a previous article and look at market data.  I’m going to use 2019 comparative dat because it’s the last normal market we’ve had. The Fed and Rates In a recent article  I…

Understanding The Luxury Market

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Understanding the luxury market involves Covid.  The market for high end homes took off because of Covid 19.  While there has always been a client for luxury properties, demand increased tremendously over the past 18 months. Upper tier homes never recovered from the Great Recession as one would have expected.  The 2 driving forces for this were taxes and the internet. Taxes and the Internet New Jersey taxes are among…

Where Are Bergen County Homes Now?

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Where are Bergen County homes now?  We’ve just begun the last quarter of the year so it’s time to take a good look. 2021 makes sense because we haven’t had unusual circumstances.  There was no lockdown.  Most of us are vaccinated.  People are more accommodated to Covid.  Many businesses and restaurants have opened up.  A lot has returned to normal as a result. The New Jersey MLS I use data…