Bergen County Real Estate News: June 2009 – Week 3

Bergen county news with an emphasis on aspects affecting real estate, residency and community issues.

June 2009 – week 3 Issue

Park being developed in Alpine
Right time for first time home buyers
Play for a healthy Tenafly
Working towards a greener Bergen
New options for buying and selling homes
 

Park being developed in Alpine

Those looking for luxury Alpine homes will have a double blessing this season as along with good luxury house options, the neighborhood improves for the better. A former gas station in the region that was condemned since 2007 and has been an eyesore till now will soon be redesigned into a park. This will bring the number of parks in Alpine to three. In the settlement reached by the borough with the property owner and developer, $1.1 million will be paid to the latter for acquiring the property. Located at Closter Dock Road and Church Street, the gas station on this quarter acre of land has been demolished. Plans are now in place to add benches and a gazebo to the place. Playground equipment may however not be installed as the park is located close to a heavily traveled intersection and may thus be unsafe for children. Funds for the project will be obtained from the Green Acres funds ($300,000), county Open Space Trust funds ($250,000) and also from the municipal open space funds.

Right time for first time home buyers

Many real estate experts are of the opinion that the right time for first time buyers to purchase a home is now. Today the market conditions are completely feasible, reveals a study. There is a high inventory of homes, giving buyers much to choose from. Also along with low and competitive real estate prices, first time home buyers can also avail of a $8000 federal tax credit if they purchase their home during this time. Statistics also reveal that many first time home buyers are availing these opportunities. As per the National Association of Realtors, the first quarter of 2009 resulted in over 50% of total home purchases by first time buyers itself. At a figure of 455,000, many first time buyers are signing the dotted line if the house meets their specifications. Most buyers were noted to be looking at good move-in conditions, modern live-in conditions, minimal structural problems and fixer-uppers. Also as first time buyers usually do not invest in multi-million dollar homes, they are considering price ranges usually under the one million mark.

Play for a healthy Tenafly

In its efforts to raise funds for fighting breast cancer, the Knickerbocker country club and the EnglewoodField Club are now hosting the PFP charity tournaments. Also known as PINK (Prevention, Immediate diagnosis, New technology and Knowledge) tournaments, the funds raised here will go towards increasing awareness about the disease. The tournaments are planned for Tuesday, June 30, 2009 at the Knickerbocker Country club in Tenafly. The events that begin at 7:30 am in the morning will include tournaments of golf 18 hole shotgun, golf 9 hole shotgun, tennis round robin and a raffle. Organizers will also provide a continental breakfast and lunch for all participants. Those interested in participating or attending can avail more information on the event from Arlene at (201) 784-9691. Other tournaments organized in the neighborhood include the 5th Annual Rusty Staub Celebrity Chefs and Friends golf tournament. Organized on 29th June, 2009, this tournament will be conducted at the Alpine country club in Demarest. Besides the tournament, the event will also include honoring a noted chef, a dine-around dinner, awards ceremony and live auction. More details on the event can be availed from (646) 292-1133.

Working towards a greener Bergen

In their efforts towards a greener environment, the state Department of Environmental Protection in New Jersey is now accepting applications for its Local Government Greenhouse Gas Reduction Grant Program. As per this $2.5 million program, projects which will achieve a good degree of reduction in gas emissions will be provided funds. Entities who can apply for these funds include local and county governments, county colleges, local colleges, municipal utilities authorities and also school districts. Funded by the Regional Greenhouse Gas Initiative, this program will fund projects that can measurably develop green infrastructure in Bergen County like rooftop gardens, reduce carbon emissions, reduce need for driving and encourage conservation through public participation. Aimed to help fight changes in climate, this project will bring together local governments, regional entities, state agencies, educational institutions and also groups of interested citizens for one purpose. Putting together advances of information technology, business practices and human motivation, this project can have far reaching impact to protect the serious situation of global warming.

New options for buying and selling homes

In a scenario where it is becoming increasingly difficult to sell a house, people are now looking for new options. House swapping has thus emerged as the new mantra where many are opting to exchange their house for another one. Few websites are catering to this, whereby people are entering data like their address, likes and dislikes, and a few other details. Once two people find each other’s homes as the best option, they are swapping them. The number of such websites is slowly growing up and so is the number of homeowners seeking to swap properties. Interested homeowners are allowed to browse potential real estate properties for swapping by specifying the price range, number of baths and bedrooms and finally the city of choice. Many are also opting for this method while swapping their existing vacation homes for new ones. While swapping has its benefits, many users state that the flipside of the story also exists. For one it works out simpler to sell one’s home and move to another city. Secondly, swapping also limits the choice of homes one can select from.

Buy a Home in Bergen County

Bergen County offers the quality of life for you and your families have been dreaming of. Don’t miss out on this opportunity to set house in one of Bergen County’s towns, famous for their charming atmosphere and top quality schools. Let Anat Eisenberg help you find the house that is right for you. Take your first step with this FREE inclusive report, containing:

• 14 Questions to ask a Realtor
• 5 Powerful Buying Strategies
• 9 Deadly Mistakes Home sellers Make
• Additional Reports
• How To Get Top Dollar In Any Market
• Making the Move Easy on the Kids
• Six Ways To Beat The Stress Of Buying A Home
• Different Reasons to Own Your Own Home
• Things You Should Know about Moving
• When Selling a Home

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Find out more about Bergen County homes available for sale. Anat Eisenberg can help you find your dream real estate property. Anat is no ordinary real estate agent. In short, she is professional, honest and dedicated. Call: 201-341-4765 or email here.