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April 2011 – week 2 Issue
Events in Bergen County
Schools in Bergen County fight bullying
Luxury car segment expanding
Fort Lee: a town of rich diversity
Bergen County Real Estate Market: properties reassessed in Edgewater
A range of events are lined up for Bergen County towns residents this month. On 6th April, 2011, The Edgewater Multiplex cinemas showcased the Metropolitan Opera: Lucia de Lammermore Encore II at 6:30pm. At the Ridgewood Public library in Ridgewood, the film “I am love” was screened. This was followed by discussions on the world cinema film. This event too took place on the 6th of April. The Northern Valley Regional High School of Demarest also telecast an educational film for its students on 6th April. Titled as ‘Race to Nowhere’, this film showcased the high pressure issues that today’s students face. Issues of cheating, stress related illnesses and depression have become commonplace and were shown through the film. In the town of Tenafly, the Tenafly Nature Center is preparing to host a program on home ecologists: reduce, reuse and recycle. The program would cost $12 for children but would be free for parents. The program would be held on April 12 and would require former registrations as space is limited.
Schools in Bergen County fight bullying
Various schools in Bergen County and across New Jersey are now looking for ways to fight bullying in schools. Experts stated that the situation of bullying was a serious one and though no definite answers were available, it was best to try every solution at hand. In this regard, counselors took volunteers to schools and made them recite instances of their wards being bullied. In some schools, mock plays were conducted to showcase bullying situations and show how they can be handled. In other cases, children were asked to come up with skits showing such instances. In the town of Fair Lawn, students of Thomas Jefferson School were even shown a movie produced by the Bergen County Prosecutor’s office, where a teen commits suicide after being taunted online. With bullying entering the digital scene also, many parents complain that it has become a 24 hour, 7 day week harassment. For children who are being subjected to bullying, NJ schools recommend the methods of conflict resolution, victim counseling and culture changing.
Just like the luxury housing market is making a steady comeback from the falling real estate, a few other luxury products and services continue to thrive too. One such product is that of luxury car dealerships. Dealers in the luxury car segment of BMW, Mercedes and Porsche are seen to spend millions of dollars on their showrooms and services. Also in the area of Bergen County, where luxury customers are high, constructions, renovations and expansions are underway. In the downtown region of Englewood, at the Benzel Busch Motor Corp., $20 million worth of construction and renovation work is underway. Once the expansion work is done, the store would be adding 160,000 sqft of floor space into its store. The company even plans to increase the number of its employees once the expansion work takes place. Besides this luxury car dealer in Bergen County, other dealers too have become more aggressive in their sales this year. Growth and expansion work is being noted at other centers in Upper Saddle River and Ramsey as well.
Fort Lee: a town of rich diversity
Fort Lee has many attractions and is a town suited for people from diverse cultural backgrounds. With a population of approximately 35,000, the town shows diversity both in its housing and commercial areas. The median home price is noted at $450,000 and the commercial market is noted to be steady. New constructions in both housing and retail happen on a steady pace. Fort Lee homes boast of a range of options spanning from luxury high rises, to condominiums, town houses and apartments. The town is noted for its mix of urban and suburban qualities. Also, various events take place from time to time. Residents living in the region, also regularly attend the Jack Alter Fort Lee community center. Operational since 2005, this center has offered a range of facilities and programs to suit the needs of the various residents in the town. As of today, the center offers approximately 100 classes and sports facilities including indoor baseball for the cold months. While all age groups have something to look forth at the center, kids have plenty to do here. Approximately 150 kids attend the open gym sessions here.
Bergen County Real Estate Market: properties reassessed in Edgewater
Given the downturn in economy, residential properties in Edgewater underwent reassessment so that equity could be put back into the Bergen County real estate market. Values had initially been assessed in the year 2007, when real estate was at its peak, however over the years with the recession changing matters, a more current revaluation was the need of the hour. The exercise was conducted by Appraisal systems, a company hired by the borough for reassessment. The values of homes were noted to go down, with the average value of a home seen to be at $433,000, a drop of approximately 19% from its value of $533,000 in 2008. Experts added that the figures were not unique for Edgewater, as similar conditions were noted in various towns of Northern New Jersey given the downturn in the real estate market. It was also indicated that the low figures indicated a downward correction. The reassessments will come into force from August 2011 and may stay relevant till the conditions of the real estate market stay the same. In cases where homeowners are dissatisfied with the reassessment, they can file a tax appeal with the Bergen County Board of Taxation by the 1st of May, 2011.
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