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 To Install Lightning Detection System

Tenafly To Install A Lightning Detection System

The governing body passed a resolution to award a contract to Earth Networks Inc. Officials voted unanimously on April 30 to award the contract and access the Open Space funds necessary for the project.   The Tenafly council and the Board of Education hope to begin the process in June. The equipment will cover nine outdoor [...]

The Impact Of High Taxes On Bergen County Residents

Bergen County Property Tax

It is no secret that Bergen County – The most populous county in the New Jersey  ( 905,000 residents) is also the one with the highest property taxes in the state. The median property tax figure in the county ( for 2012) was $9,232. If you look at what are the areas with the highest property tax [...]

Bergen County Home Supply Lowest in Seven Years Just Before The Key Selling Season

Home Inventory Lowest in Seven Years

The number of homes for sale in New Jersey  fell to a 7-year low in January,leaving would-be buyers chasing a shrinking supply of homes just before the spring selling season. Unsold inventory in the state declined 18% to the levels of 2005  at the height of the housing bubble. The combination of rising demand and falling supply portends slim pickings for home [...]

Four Tenafly High School Students Qualified For The 2012-13 National Merit Scholarship Semi-Finals

Tenafly High School Students Qualified For The 2012-13 National Merit Scholarship Semi-Finals

Four students in Tenafly High School ;William Y. Guo, David Kim, Dayalan A. Rajaratnam and Howard Yim were recognized  by the Tenafly Board of Education  for their academic achievement in becoming the 2012-2013 National Merit Scholarship semi-finalists. In addition to excelling academically, the students were passionate about music, volunteering and were members of various groups in [...]

Tenafly… Still Debating Whether To Move Forward With a Plan to Revamp Downtown

Tenafly's Washington Avenue

By Stephanie Simone/Suburbanite   Tenafly officials are debating whether  to move forward with a plan that would revamp the downtown district. The officials are considering testing  the closing of several streets in the area to see if the redevelopment is really feasible for the borough. Some officials  are  concerned with the plan’s impact on parking, directing [...]

Home Sales in Bergen County NJ Continue to Rise

Home Sales in Bergen County New Jersey as of 9.30.2012

Home purchases in New Jersey as a whole and Bergen County specifically continue to rise . The rise is due to a number of factors; Lower Home Prices Low Mortgage Interest Rates Low Inventory worth of 6.8 months of sales in Bergen county Favorable Rent to Own Ratio New Jersey’s pace of economic recovery has [...]

The Value of A Top Tenafly Realtor

77 Hazelton Terr Tenafly Listed & Sold By Anat Eisenberg for $1,350,000 in 15 Days

Recently, a one acre property with a pool situated high the East Hill of Tenafly on 100 Devriese Court    sold for the price of $2,400,000. The sellers of this property decided to put the “marketing” of their Tenafly property in the hands of a listing service that normally charges a flat fee  of $599 for  6 months and  the [...]

New Construction In Tenafly Is On The Rise Again

85 Sunset Lane Offered for $1,435,000

After some years of hardly any new construction being built in Tenafly, it seems that new construction is back and in a significant way  indicating a trend of new confidence in the Tenafly NJ real estate market. All the new homes being built in Tenafly  are priced over $Million and cater to the mover uppers, either those [...]

Tenafly to Build Affordable Housing for Disabled

By Stephanie Noda/The Record On July 10 the mayor and council of Tenafly approved a resolution to build affordable housing units in the borough for people with developmental disabilities . The facility planned , is scheduled to be built in partnership with United Way, a charity organization that specializes in creating affordable housing and, will consist of six units that [...]