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February 2010 – week 2 Issue
Real Estate Market of Bergen County
Events in Bergen County
Activities in Teaneck
Fort Lee Works to Develop Long Vacant Site
Luxury Homes in Tenafly
Real Estate Market of Bergen County
Statistics by the National Association of Realtors revealed once again that prices of homes were still spiraling down, but now at a much slower pace. In the fourth quarter of 2009, the median home price of a single-family house in North Jersey and New York metropolitan area was recorded at $434,000. This was 5.5% lower than at the same time in 2008. Also, home prices across the nation declined by 4.1% to a median price of $172,900. Despite the drop in prices, Bergen County real estate remains some of the priciest available. According to real estate experts and economists, home sellers should not worry, because prices of homes in various parts of New Jersey will soon stabilize. For one, the price reduction has slowed down in pace. Also, with an improvement in the economic scenario and a better employment picture, home prices may stabilize and even go up in 2010. The sale of homes has also increased, as sales of condos, co-ops and singe family homes rose by 34% compared to last year.
Various events are planned for residents of different Bergen County towns. Until 20 February 2010, Mark Gallery in Englewood will present the Winter group show with selected artists. Those interested can see the exhibits at any time between 10 am and 6 pm from Monday to Saturday. In Leonia, residents will get together at the Civil War drill theater for the upcoming performance workshops. These workshops will help interested residents improve their singing and also gain more experience. The sessions, conducted by the Players Guild of Leonia, will provide insights into vocal techniques, diverse styles, microphone techniques, working with accompanists and group/solo singing. Also the Tenafly Public Library in Tenafly also has events lined up for this month. From 2 February 2010 to 31March 2010, the library is presenting exhibits titled “Charlie and Company.”
The township of Teaneck is offering a range of recreation options for its residents this week. Adults can now participate in its adult exercise programs. These include classes on Hatha Yoga, Vinyasa Yoga, Pilates and belly dance. The program consists of ten weekly classes that will be open to residents of Teaneck and their neighbors. Classes will be conducted at the Richard Rodda Community Center, and more details about the program are also available there. The Recreation Department of Teaneck is also offering ice skating lessons. Intended for children from ages six to 13, the lessons will take place at the MacKay Park in Englewood. Those interested can participate in the skating lessons until 28 February 2010. Beginner and intermediate level classes will be held for the children so they can learn how to maintain balance the on ice and basic movements. In the intermediate level, students will learn some relatively advanced movements in the sport. The fees to be to be charged for the lessons will be determined based on skating time, lessons, skate rental and rink admission. More details are available at the Richard Rodda Community Center.
Fort Lee Works to Develop Long Vacant Site
In new developments, officials of Fort Lee got together with Amerea Development to discuss methods for developing a long vacant 15.7 acre site of Centuria. A series of development meetings have been conducted in the past between borough officials and representatives of Fort Lee Redevelopment Associates and also Tucker Development. The meeting with Amerea, postponed from last week, will add more value to the direction the development project needs to take. After these meetings, the borough will decide on one, two or all three of the developers. Once the private meetings take place, public participation will be encouraged for comments on the project and its issues. The meetings will take place at the Town Hall will also be aired on Time Warner Cable at specified times.
For home buyers looking for luxury options in Bergen County, Tenafly homes are some of the best real estate options available. The Devon at the Heights is an excellent example of Tenafly real estate. Constructed by Mark Built Homes, the houses offer a touch of class and of luxury. Each luxury home offers three bedrooms, three full and one half baths, an octagonal breakfast room and also a special stair hall. Spread over 5,150 sq ft, each luxury home in the Devon is grand, spacious and well equipped with amenities. The homes are also located in close proximity to good facilities in the neighborhood. Those interested in viewing the property can more details from Mark Built Homes. The developer is a well known firm that is a family owned business. In business for three generations, this firm has lent quality, creativity and plenty of ideas into its every design. Other homes from Mark Built Homes include the Atwood, the Buckingham, the Churchill and the Essex.
Buy a Home in Bergen County
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