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October 2008 – Week 2 Issue
Light rail in Tenafly gains residents support
Luxury Housing Strengthens in Alpine
Know more about Alpine
Fort Lee concerned over banks
Teaneck celebrates National Fire Prevention Month
Light rail in Tenafly gains residents support
Many residents of Tenafly gave their full support to a light rail transport in the region. While residents feel that this mode of transport would prove to be fast and accommodate many passengers, officials of NJ Transit think otherwise. The organization proposes a diesel shuttle train instead, stating their own reasons. Propounders of light rail claim that it can carry three times as many passengers as diesel train. Thus while light rail can carry 24,000 people per day to Tenafly, the diesel train carries only 8,150. Moreover it had many benefits like low noise levels (as it is run on electricity) and lesser pollution. However Bergen Countyfreeholders, NJ transit and others who back the diesel train feel that it can built for much less and will cost only 50% of light rail construction. As per statistics, constructing light rail would cost approximately $866 million as compared to $690 million for diesel shuttle. However, operational costs covered by passenger revenue would be 71% for light rail as compared to 18% for diesel train. While many are frustrated with the years-long wait for train transport in Bergen County, residents expressed concern for the peace and tranquility of their neighborhood. However a complete study of the project is expected in November, based on which NJ transit would decide the best transport system.
Luxury Housing Strengthens in Alpine
Luxury real estate in Alpine is quite prominent and Alpine offers some of the best properties in Bergen County Five of the most expensive homes sold in northern New Jersey in 2007 were in Alpine. On top of the list was a six bedroom, 25-room home at 1 Margo Way. Stretching over 2.3 acres, this home was noted to sell for $8 million. The next priciest home was at Rio Vista drive and sold for $7 million. Located over two acres of land, this piece of property has 21 rooms. Another 12 room home in Alpine was also noted to sell for $6.5 million. Two more luxury houses in the region were also noted to sell at $6 million each. However, the largest ever sale of the Alpine homes was noted in 2006, when $32 million was paid for a 40-room house.Real estate experts state that these figures come as no surprise. While the housing market is still slow, many luxury homes in Alpine and the neighborhood sell within time frames of less than two weeks. Home sellers of luxury houses in such areas are also quite serious about sealing the deal and are not the market-testers kind. With high levels of disposable incomes, the luxury housing market in Alpine is strong and the subprime mortgage crisis has only affected the less expensive regions of Bergen County.
Those interested in purchasing properties in Alpine can benefit from a bit of its history. This borough of Bergen County received its name from the European mountain ranges. It was formed on April 8, 1903 by an Act of the New Jersey legislature. While the township was initially formed from portions of the Harringtown Township, it also acquired parts of Cresskill in 1904. With an estimated population of approximately 2000 people, this borough comes under the Eastern Standard time zone and has an elevation of 400 feet. Located on the Palisades, this township recorded zero crimes, homicides and murders in 2003. The region of Bergen County, which homes Alpine, was formed way back in 1683. It is rated as one of the top five richest counties and also one of the top ten healthiest places to live in United States. It also showcases the Women’s Federation monument, which is accessible by trail only. Rio Vista is an upscale neighborhood of Alpine while the Alpine boat basin serves as a public picnic area and also as a marina for boats.
Few residents and officials in Fort Lee share the opinion that the region’s downtown has an excess of banks. As per statistics, over ten percent of the buildings in downtown Fort Lee house banks. Thus amidst the 135 stores that exist in the region, approximately 14 banks exist. While this aspect may cause envy among many other towns of Bergen County, officials of Fort Lee are concerned that these banks create pedestrian ‘dead zones’ for the shoppers. In this regard, the officials of Fort Lee are now considering to alter the ordinances of Fort Lee so as to prevent more banks from coming up in the region. While banks are welcome to Fort Lee, officials feel that the downtown business district should be more of a mix of retail, commercial and entertainment activities rather than businesses. However many residents and experts think otherwise. They state that banks have a range of benefits such as investments in downtown regions, active participation in community activities and also of increased security to the area. Also many people who just go to banks to withdraw cash will be in a ready business district to spend it, thus making good business sense.
Teaneck celebrates National Fire Prevention Month
Residents and the borough of Teaneck will celebrate the month of October as the National Fire PreventionMonth. As the weather starts to get colder, the officials of Teaneck are urging residents to get their homes checked. Heating systems, fireplace and chimneys are a leading cause of fire and officials are requesting residents to get these checked right away. Heating equipments are also noted to be the second leading cause for fire accidents and officials urge that a three foot clearance be made around all space heaters. Also, discolored plugs, a burning odor on plugging appliances, or a slight shock when plugging in equipments are indicative of leaks and must be checked right away. The Teaneck fire department is also providing other relevant information that residents of Teaneck can use to prevent fire accidents at their homes. During this month, the fire department can be contacted for home checks against fire accidents. Further information on fire prevention and checks can be availed from the department by contacting the non emergency number 201-837-2085. In case of emergencies, residents can contact 911 or 201-837-7783.
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