Can The Bergen County Real Estate Market Sustain Its Recovery If Interest Rates Were To Rise?

Low Interest Rates In Bergen County

Does the increase in demand  in  towns such as Tenafly means that the housing market is back? One of the main factors fueling the demand to purchase are the incredibly low interest rates.  In fact   current mortgage rates are about 49% lower than they were when housing prices peaked in the summer of 2006. A [...]

Bergen County Appraisers Are Putting Higher Values On Homes Again

Bergen County Homes Appraise Higher

While the last 5-6 years saw many sales  derail due to low-ball appraisals, appraisers are now valuing Bergen County  homes at or above their selling prices. This is true for many towns such as Tenafly, Demarest and other neighboring towns. The major reasons for this are shrunken inventories and, a steady appreciation in values.  With appraisals  being as [...]

Tenafly Residential Sales Show Price Increases….

Tenafly Prices Going Up

Tenafly residential sales in the first four months of 2013 show an increase of the average sold price , compared to the same period in 2012 below are some market statistics and indicators for the period of 1.1.2013 to 4.30.2013 vs same period in 2012 January – April 2012 Total Sold: 29 January – April 2013 Total [...]

Tenafly’s 32nd Rubin Run To Take Place Sunday May12th At The Kaplan JCC

Tenafly Rubin Run

The 32nd annual Rubin Run will take place at the Kaplen JCC on the Palisades on Sunday, May 12. Events will include  a 10K at 8:30 a.m., a 5K run/walk at 10 a.m., and a half marathon at 7:45 a.m. This Tenafly event has become a Bergen County Staple for many years offering families the opportunity [...]

Tenafly Supports PSE&G’s Energy Strong Proposal To Upgrade Infrastructure

PSE&G to Upgrade Infrastructure

Thirty-two municipalities including Tenafly and Hudson County have approved resolutions supporting “Energy Strong” – PSE&G’s proposal to fortify its electric and gas distribution systems to better withstand powerful storms and natural disasters. The proposal comes after bouts of extreme weather patterns that  affected the tri state area and Tenafly in particular  in recent years and caused extended [...]

Sejong Soloists – A World-Class String Orchestra -To Perform In Tenafly

Sejong String Orchestra - To perform In Tenafly

  Tenafly, NJ – The world-class string orchestra Sejong Soloists hailed as “one of the top ensembles of today” by CNN, will give a demonstration concert at New York Music School located in Tenafly New Jersey on Sunday, April 28, at 4:00 PM. The event is part of the School’s outreach series aimed at providing the community with [...]

Tenafly Nature Center – Public Hearing April 23

Tenafly Nature Center Proposed New Home

The Nature Center officials will hold a public hearing on the center’s proposed building and development on the green acres property.  The hearing is to take place at the Borough hall Tuesday April 23 at 7:30pm. The green acres representatives are calling for the mayor and council to support a Public referendum  thus allowing the voters the right to [...]

Benvenuti Ad Acanto Tenafly! (Welcome to Acanto Tenafly!)

BENVENUTI AD ACANTO!

Casual Elegant is the dining style of this newly opened Italian restaurant . Tenafly home owners & residents as well as  and nearby town residents will enjoy this new addition to the rich culinary scene in Tenafly. Acanto specializes in authentic Italian cuisine with French and Greek influences.  The  restaurant is owned by its chef Erminio Conte. Conte, a native of [...]

Barry Honig Will Not Seek Another Term On Tenafly Council

Barry Honig - Republican Candidate

As reported in the Northern Valley Press South, Tenafly councilman Barry Honig will seek another term come this November. Honig has recently served as liaison to the Tenafly Nature Center. Honig said that before he leaves, he will advocate for  the creation of a new educational building pursued by the center. Honig said his decision was mostly based on his family and [...]

Bergen County Home Prices Are Improving But Are Still 18% Lower Compared to 2007

FNC - 6 Year Residential Price Index (2007 vs 2013)

The limited inventory and  strong demand for housing has created an environment where bidding wars are again more commonplace . Bergen County homes that are  priced properly to today’s market place, are getting  offers within a short time of coming to market and at times even, multiple offers. While home prices in Bergen County and towns such [...]