All closings week of 12/29 Real estate closings last week in all boroughs, cities and villages of Bergen County. For a demographic profile and school info, click on the municipality’s name. For previous sales, see Sales Archive. ADDRESS STYLE BEDS BATHS PRICE LISTED BY SOLD BY Bergenfield 75 HARRIET AVE COL 6 4 $888,000 PROMINENT … Continued
2013 was a good year! NJMLS year-end statistics for 2013 vs. 2012 show very positive numbers: Entire NJMLS (all categories, all areas): Solds +20.8% Median Sale Price +5.5% Under Contracts +15.8% Actives -13.4% Days On Market -12.1% Single Family Homes (all areas): Solds +19.7% Median Sale Price +5.3% Under Contracts +16.1% Actives -17.4% Days On Market … Continued
Over the last year or so I’ve been writing regularly about the strong real estate market here in northern New Jersey. Working with home buyers on a daily basis, I’ve talked to more than a few people who aren’t necessarily convinced. I can understand if buyers take my information with a grain of salt, as … Continued
Ridgewood, NJ rang in the new year with just 34 single family homes on the market. That’s down from 65 on the market on January 1, 2013. To put that number in perspective, 315 single family homes sold in Ridgewood in the entire year in 2013. So 34 homes on the market is not many. … Continued
1. Decide how much home you can afford. Generally, you can afford a home equal in value to between two and three times your gross income. 2. Develop a wish list of what you’d like your home to have. Then prioritize the features on your list. 3. Select three or four neighborhoods you’d like to live in. … Continued
Tax breaks. The U.S. Tax Code lets you deduct the interest you pay on your mortgage, your property taxes, as well as some of the costs involved in buying your home. Appreciation. Real estate has long-term, stable growth in value. While year-to-year fluctuations are normal, median existing-home sale prices have increased on average 6.5 percent … Continued
Credit scores, along with your overall income and debt, are a big factor in determining if you’ll qualify for a loan and what loan terms you’ll be able to qualify for. Here are a few ways to improve your credit to buy a Bergen County home. 1. Check for and correct errors in your credit report. … Continued
No home is flawless, but certain physical problems can be expensive. Watch for: 1. Water leaks. Look for stains on ceilings and near the baseboards, especially in basements or attics. 2. Shifting foundations. Look for large cracks along the home’s foundation. 3. Drainage. Look for standing water, either around the foundation of the home of … Continued
Download the complete report — Market Update November 2013
1. Get rid of clutter. Throw out or file stacks of newspapers and magazines. Pack away most of your small decorative items. Store out-of-season clothing to make closets seem roomier. Clean out the garage. 2. Wash your windows and screens to let more light into the interior. 3. Keep everything extra clean. Wash fingerprints from light switch … Continued
