English
Chinese
Korean
Hebrew
RussianBergen county news with an emphasis on aspects affecting real estate, residency and community issues.
Town Houses in Tenafly
Composting, the new rage in Bergen County
Tarragon brings condominiums to Edgewater
Costly housing of New Jersey suffers reduced home sales
Highlands’s development plan released
Alliotts Construction Co., a well known housing developer in Bergen County has now put forth an interesting proposal in the renowned district of Tenafly high school. Known as the Crossings at Tenafly, the project plans to redevelop old neighborhoods making them more upscale. The construction company is thus planning to build approximately 44 town houses on a four acre stretch. Of the lot, nine homes will be allocated as affordable units. All houses would mainly come from rebuilding old single family homes and warehouses of the region, as empty land is scarce. They will be three stories high and would have one to three bedrooms, with prices ranging from $70,000 for single bedroom units to $140,000 for the three bedroom units. It will be in close proximity to both the high school and the middle school. The exact location of the houses in Tenafly is between West Railroad Avenue and Grove Street. The area is well located with a shopping district and few parks in the proximity. The town houses would mainly attract buyers with children choosing to go to the schools in Tenafly. Also single people who wish to downsize from larger homes, may choose to come to the district. These properties are being marketed by Prominent Properties Sotheby’s International Realty, again a Tenafly based organization. Also the construction company Alliotts is renowned for its successful housing constructions in both Alpine and Fort Lee. While all sounds rosy, many are concerned that the new construction will add more traffic in an already congested region.
Composting, the new rage in Bergen County
Many homeowners in Bergen County and its towns have now taken the decision of opting for compost bins. This kitchen gadget made from stainless steel is fast gaining popularity, as many residents prefer composting as a popular mode for providing fertilizers for organic farms and small scale kitchen gardens. While many counties have taken up recycling measures themselves, residents in Bergen County are showing high levels of enthusiasm, so much so that demand for compost bins is fast exceeding their supply. The solid wastes manager at Bergen County Utilities Authority that sells the bins reported a sale of 225 bins called Earth Machines since August. Priced at $42, these bins are being sold at an average of three a month. Many residents of Bergen County, schools of Teaneck and the neighborhood and even garden clubs have purchased these bins. Many composting programs are also on to assist the recycling efforts. This is a good sign as environmental statistics by Department of Environment Protection reported that recycling rates have dropped over the past few years. With all these efforts, professional facilities for composting are still to be planned.
Tarragon brings condominiums to Edgewater
The One Hudson Park Tower built by Tarragon Corp now brings excellent condominiums to the Edgewater neighborhood. These houses have been built in a unique manner to utilize the principles of feng shui. These condominiums come with one, two and three bedrooms and have novel features like gourmet kitchens and stone baths. Those buying a house here get a wonderful view of the Hudson River and Manhattan skyline. The George Washington Bridge is also visible from here. Residents can also avail of more common luxury facilities like a lap pool, a fitness and yoga center and a playroom for children among other things. A public park has also come up adjacent to the complex. This park has also been made by Tarragon Corp and it stretches over half an acre and has walking paths, a bridge over a little pond and a fountain.
Costly housing of New Jersey suffers reduced home sales
As per the National Association of Realtors, the number of home sales in Bergen County and the neighborhood has shown a marked decrease since the 2004-2005 period. Previously owned home sales in New Jersey were seen to reduce by 13.4% from the same time in 2006. Statistics also revealed that while the number of sales has reduced, the sales prices of homes have remained as such and even risen in a few instances. For example, in Bergen County itself, home prices were seen to rise by approximately 3.5% as compared to November 2006. As per the New Jersey multiple listing service, the rise of home prices in all of New Jersey has been noted at one percent bringing the median of single family home costs to $520,000 in Bergen County alone. Real estate experts revealed that regions close to the big cities will continue to hold their value and attract buyers. They also indicated that the market has plenty of potential buyers, who are waiting for prices to drop or are negotiating to bring down prices of the homes they like. Another reason for the current setback in house sales has been attributed to the mortgage industry which has enforced high stringency in lending standards. Not all loans are being approved, which causes a further slump in house sale. Finally many cases indicate that banks are appraising houses at much lower rates than expected.
Highlands’s development plan released
The much awaited Highlands development plan was finally unveiled amidst much debate on Monday, November 19, 2007 by the Highlands Council. These debates put forth arguments stating that the plan had the scope to give away too much land for development. However many also argued that the project could also take away the rights of landowners for making profits. The plan put forth highlighted many issues, a main one being that of lake management zones. As per the proposal, these zones would help to regulate development like cluster housing that takes place in the region. Several amendments were argued upon in the debates that followed the release of the document. However finally, the document was released with a voting of 10-4. It was also decided that the period for public comments would be increased to 90 days and more sessions of public hearing would be conducted. After these hearings, amendments if any may be adopted in the document.
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
Get Your Free Inclusive Real Estate Report Now.
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.