River Edge, NJ Real Estate News

By Jeana Cowie, Broker Associate, ABR, CRS, GRI, SRES
(RE/MAX Real Estate Limited)
River Edge real estate  market update & statistics River Edge homes for sale & home sales  quarterly market trend for the past 3 years Jeana Cowie of RE/MAX Real Estate Limited is the Top 1% of RE/MAX agents in NJ  Information reported by the NJMLS (New Jersey Multiple Listing Service) Find your River Edge home at WWW.REMAXAGENTBERGENCOUNTY.COM or WWW.BERGENCOUNTYNJHOUSES.COM   Quarterly Statistics for Residential Properties RIVER EDGE for 3 Years Back Average Units Sold per Month for this period: 8.1 Total Units Sold for this period: 290 Average Units UC per Month for this period: 9.4Total Units UC for this period:338 Average Sold DOM for this period: 84 Average UC DOM for this period: 96 Average Median Sold Price for this period: $433,164     JEANA COWIE ABR, CRS, GRI, SRES Broker Ass...
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By Brian Morgenweck, Broker/Owner, GRI, CRS, ABR, SRS
(Power Realty Group, LLC Bergen County, NJ )
River Edge NJ Newest Homes for Sale Listings & February Market Stats It seems this year's Spring market has arrived a bit early! Markets have been heating up due to changing conditions, one such condition being increasingly lower inventory levels of available homes for sale. Add to the mix very low interest rates and you'll understand why it's so important to have an advantage in your home search process.   There's a free & easy way to beat other buyers to your River Edge dream home!  The 10 Newest Real Estate Listings in River Edge NJ   And simply Register for FREE to get email updates when new listings come to market. It will help you stay ahead of other buyers for quality River Edge homes for sale by knowing about them ahead of the crowd. Give yourself an edge!    Here are the Februa...
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By Sheldon Neal, That British Agent Bergen County NJ
(Bergen County, NJ - RE/MAX Real Estate Limited)
River Edge Homes For Sale Summary | February 2013 Market Report     Information supplied by the NJMLS, and deemed reliable, but not guaranteed. This month saw 3 homes sold in River Edge compared with 9 sold in January, and the same as  3 sold in February last year.   Mortgage rates continue to be at historical lows, and although we are starting to see more buyer offers and multiple bids in Bergen County, there are still some great deals with low prices on homes to be had.   And if you have been considering selling, the last 3 listings I placed on the market and presented well, all got offers in the first week ! So it is also becoming a good time to sell as well as buy !!     River Edge offers a terrific opportunity to live in a delightful suburban community, with a friendly feel, while ...
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By Brian Morgenweck, Broker/Owner, GRI, CRS, ABR, SRS
(Power Realty Group, LLC Bergen County, NJ )
River Edge NJ - 10 Newest Homes for Sale & January Market Stats Markets are heating up and we're seeing bidding wars again due to much lower inventory levels of available homes for sale. Add to the mix very low interest rates & prices at or near their bottoms and you'll understand why it's so important to... Beat other buyers to your River Edge dream home! See... The 10 Newest Real Estate Listings in River Edge NJ Pictured below is a shot I took at historic New Bridge Landing...NOT for sale! ;-) You'll want to bookmark that page as it automatically updates every time a new listing comes to market...or better yet, Register for FREE , choose to receive immediate updates via email & much more. Stay ahead of the competition for quality River Edge homes for sale by knowing about them first! ...
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By Sheldon Neal, That British Agent Bergen County NJ
(Bergen County, NJ - RE/MAX Real Estate Limited)
River Edge Homes For Sale Summary | January 2013 Market Report     Information supplied by the NJMLS, and deemed reliable, but not guaranteed. This month saw 9 homes sold in River Edge compared with 9 sold in December, and is  up from  5 sold in January last year.   Holidays are upon us, and typically this becomes a very quiet time of the year - except NOT this year !!Mortgage rates continue to be at historical lows, and although we are starting to see more buyer offers and multiple bids in Bergen County, there are still some great deals with low prices on homes to be had.   And if you have been considering selling, the last 3 listings I placed on the market and presented well, all got offers in the first week ! So it is also becoming a good time to sell as well as buy !!     River Edge...
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By Jeana Cowie, Broker Associate, ABR, CRS, GRI, SRES
(RE/MAX Real Estate Limited)
 River Edge homes for sale & homes sold statistics 2011 vs 2012 River Edge real estate update    Year 1: 2011 Year 2: 2012   Number of Sold Listings Dollar Volume of Sold Listings Average Sold Price   2011 2012 Diff %Chg 2011 2012 Diff %Chg 2011 2012 Diff %Chg January 4 4 0 0 $1,516,500 $1,990,000 473,500 31 $379,125 $497,500 118,375 31 February 6 4 -2 -33 $2,454,000 $1,703,000 -751,000 -31 $409,000 $425,750 16,750 4 March 2 6 4 200 $1,274,000 $2,665,250 1,391,250 109 $637,000 $444,208 -192,792 -30 April 3 9 6 200 $1,125,000 $3,763,000 2,638,000 234 $375,000 $418,111 43,111 11 May 8 12 4 50 $3,479,310 $5,027,500 1,548,190 45 $434,914 $418,958 -15,955 -4 June 11 9 -2 -18 $4,904,900 $4,307,500 -597,400 -12 $445,900 $478,611 32,711 7 July 10 10 0 0 $4,438,000 $3,960,000 -478,000 -11 $443,8...
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By Brian Morgenweck, Broker/Owner, GRI, CRS, ABR, SRS
(Power Realty Group, LLC Bergen County, NJ )
River Edge NJ Homes for Sale and Real Estate Review - December 2012  Here are December's important stats in the single-family category: 6 River Edge NJ Homes SOLD Median Sold Price = $385,000 10 Under Contract 4 New Listings 32 Currently Active Listings Average Listing Price = $521,041   Beat the competition to HOT new listings! See The 10 Newest Real Estate Listings in River Edge NJ   Listing Status        Total        Total List/Sale Dollars  Average ListPrice Average SoldPrice Median SoldPrice Sale Price/List Price* Avg DOM Sold 6  $ 2,542,000  $ 457,576  $ 423,667  $ 385,000   92.589 71 Co-Broker 4  $ 1,157,000  $ 337,975  $ 289,250  $ 296,000   85.583 72 List/Sold 2  $ 1,385,000  $ 696,778  $ 692,500  $ 692,500   99.386 71 New 4  $ 1,567,899  $ 391,975         Under Contract 10  $ ...
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By For Sale By Owner Flat Fee MLS Listing For $395, Save 3-6% Commission
(RealmartRealty.com)
Home for Sale By Owner in River Edge, NJ 07661 - Flat Fee MLS Listing $395 186 Monroe Ave River Edge, NJ 07661 - Realtors welcome, buyer agent commission paid at MLS#1234266 5 Beds 5 Baths Northern River Edge! 4000sf+ New Con on existing & new found. Stone & Cedar Impr front w/ 6' Wind throughout, 2 Story Bkfst area, 2 Story Foyer w/ arches & custom trim. Marble Bths, Coffered & Barrel ceilings, Open Fl plan, Lg Granite-top, Chef's Kit, SS Appl, Butler Pntry & Wet-Bar, Walk-in Pntry, 2 FPlaces. Mstr BR w/ 2 WICs, Lg Mstr Bth w/ Jac & toilet rm. HW Flrs, 9' Ceilings, Cent Int/Ipod/Spkrs & Cent Vac, Crown/Chair Rail Mldgs, 2nd Fl Lndry, 1st Fl Ste/Office, 2 Car Gar w/ Paver Dway, Entr & Patio. If you are interested in this Home for Sale By Owner in River Edge, NJ 07661- Flat Fee MLS Listi...
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By Brian Morgenweck, Broker/Owner, GRI, CRS, ABR, SRS
(Power Realty Group, LLC Bergen County, NJ )
River Edge NJ Homes for Sale and Real Estate Review - November 2012 Here are the important stats in the single-family category: 7 River Edge NJ Homes SOLD  Median Sold Price = $450,000 5 Under Contract 5 New Listings 39 Currently Active Listings Average Listing Price = $504,928 Listing Status        Total        Total List/Sale Dollars  Average ListPrice Average SoldPrice Median SoldPrice Sale Price/List Price* Avg DOM Sold 7  $ 3,373,000  $ 537,200  $ 481,857  $ 450,000   89.698 101 Co-Broker 6  $ 2,734,000  $ 483,567  $ 455,667  $ 422,500   94.230 86 List/Sold 1  $ 639,000  $ 859,000  $ 639,000  $ 639,000   74.389 194 New 5  $ 2,516,000  $ 503,200         Under Contract 5  $ 2,216,800  $ 443,360       257 Withdrawn 2  $ 1,268,900  $ 634,450       67 Expired 5  $ 2,369,900  $ 473,980  ...
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By Sheldon Neal, That British Agent Bergen County NJ
(Bergen County, NJ - RE/MAX Real Estate Limited)
River Edge Homes For Sale Summary | November 2012 Market Report     Information supplied by the NJMLS, and deemed reliable, but not guaranteed. This month saw 89homes sold in River Edge compared with 8 sold in October, and is up from  4 sold in November last year. Holidays are upon us, and typically this becomes a very quiet time of the year - except NOT this year !!Mortgage rates continue to be at historical lows, and although we are starting to see more buyer offers and multiple bids in Bergen County, there are still some great deals with low prices on homes to be had. And if you have been considering selling, the last 3 listings I placed on the market and presented well, all got offers in the first week ! So it is also becoming a good time to sell as well as buy !!   River Edge offer...
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By Brian Morgenweck, Broker/Owner, GRI, CRS, ABR, SRS
(Power Realty Group, LLC Bergen County, NJ )
River Edge Homes Real Estate Review - October 2012 Market Report Here are the important stats in the single-family category. 6 River Edge Homes SOLD (down from 8 in September) Median Sold Price = $476,950 7 Under Contract 15 New Listings 44 Currently Active Listings (River Edge homes for sale inventory level unchanged over September) Average Listing Price = $495,291   Listing Status        Total        Total List/Sale Dollars  Average ListPrice Average SoldPrice Median SoldPrice Sale Price/List Price* Avg DOM Sold 6  $ 2,859,400  $ 501,750  $ 476,567  $ 476,950   94.981 84 Co-Broker 6  $ 2,859,400  $ 501,750  $ 476,567  $ 476,950   94.981 84 List/Sold 0  $ 0  $ 0  $ 0  $ 476,950     New 15  $ 8,406,100  $ 560,407         Under Contract 7  $ 2,810,800  $ 401,543       95 Withdrawn 7  $ 2...
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By Sheldon Neal, That British Agent Bergen County NJ
(Bergen County, NJ - RE/MAX Real Estate Limited)
River Edge Homes For Sale Summary | October 2012 Market Report     Information supplied by the NJMLS, and deemed reliable, but not guaranteed. This month saw 8 homes sold in River Edge compared with 12 sold in September, and is the same as 8 sold in September last year. With Summer winding down, and kids going back to school, it becomes a priority again for many to address their housing needs before the end of the year. Mortgage rate continue, as they have all summer, to be at historical lows. And although we are starting to see more buyer offers and multiple bids in Bergen County, there are still some great deals with low prices on homes to be had. It continues to be a great time to buy, and for those sellers who couldn’t sell, it may just be the right time to consider putting their ho...
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By Sheldon Neal, That British Agent Bergen County NJ
(Bergen County, NJ - RE/MAX Real Estate Limited)
River Edge Homes For Sale Summary | September 2012 Market Report     Information supplied by the NJMLS, and deemed reliable, but not guaranteed. This month saw 12 homes sold in River Edge compared with 24 sold in August, and is up from 11 sold in September last year. With Summer winding down, and kids going back to school, it becomes a priority again for many to address their housing needs before the end of the year. Mortgage rate continue, as they have all summer, to be at historical lows. And although we are starting to see more buyer offers and multiple bids in Bergen County, there are still some great deals with low prices on homes to be had. It continues to be a great time to buy, and for those sellers who couldn’t sell, it may just be the right time to consider putting their home ...
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By Brian Morgenweck, Broker/Owner, GRI, CRS, ABR, SRS
(Power Realty Group, LLC Bergen County, NJ )
River Edge NJ Homes Real Estate Review - September 2012 Market Report Here are the important stats in the single-family category. 8 River Edge NJ Homes SOLD Median Sold Price = $445,000 6 Under Contract 9 New Listings 44 Currently Active Listings Average Listing Price = $459,375   Listing Status        Total        Total List/Sale Dollars  Average ListPrice Average SoldPrice Median SoldPrice Sale Price/List Price* Avg DOM Sold 8  $ 4,125,000  $ 552,325  $ 515,625  $ 445,000   93.355 72 Co-Broker 6  $ 2,760,000  $ 484,600  $ 460,000  $ 437,500   94.924 67 List/Sold 2  $ 1,365,000  $ 755,500  $ 682,500  $ 682,500   90.338 85 New 9  $ 3,980,400  $ 442,267         Under Contract 6  $ 2,773,900  $ 462,317       153 Withdrawn 6  $ 2,652,588  $ 442,098       230 Expired 2  $ 894,500  $ 447,250...
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By Jeana Cowie, Broker Associate, ABR, CRS, GRI, SRES
(RE/MAX Real Estate Limited)
River Edge real estate update & home sale statistics through August 2012   Statistics for Residential Properties in RIVER EDGE, NJ for 12 Months Back Average Units Sold per Month for this period: 8.5 Total Units Sold for this period: 102 Average Units UC per Month for this period: 10.1Total Units UC for this period:121 Average Sold DOM for this period: 89 Average UC DOM for this period: 89 Average Median Sold Price for this period: $405,083     JEANA COWIE ABR, CRS, GRI, SRES Broker Associate Office Phone: (201) 599-1100 Ext:348 Contact Phone: (201) 982-2200 jmcowie@optonline.net RE/MAX REAL ESTATE LIMITED     --- Information herein deemed reliable but not guaranteed. 9/26/2012 6:28:55 AM --- --- Copyright: 2012 by New Jersey MLS, Inc. ---     Wondering what your River Edge home is wort...
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By Sheldon Neal, That British Agent Bergen County NJ
(Bergen County, NJ - RE/MAX Real Estate Limited)
River Edge Homes For Sale Summary | August 2012 Market Report     Information supplied by the NJMLS, and deemed reliable, but not guaranteed. This month saw 24 homes sold in River Edge compared with 9 sold in July, and is up from 13 sold in August last year. With Summer winding down, and kids going back to school, it becomes a priority again for many to address their housing needs before the end of the year. Mortgage rate continue, as they have all summer, to be at historical lows. And although we are starting to see more buyer offers and multiple bids in Bergen County, there are still some great deals with low prices on homes to be had. It continues to be a great time to buy, and for those sellers who couldn’t sell, it may just be the right time to consider putting their home back on t...
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By Sheldon Neal, That British Agent Bergen County NJ
(Bergen County, NJ - RE/MAX Real Estate Limited)
River Edge Homes For Sale Summary | July 2012 Market Report     Information supplied by the NJMLS, and deemed reliable, but not guaranteed. This month saw 9 homes sold in River Edge compared with 8 sold in June, and is down  slightly from 10 sold in July last year. Home Sales are in full swing right now in Bergen County, and mortgage rates continue to hover under 4% for 30 yr fixed rates. This coupled with lower home prices makes it a great time to buy ! River Edge offers a terrific opportunity to live in a delightful suburban community, with a friendly feel, while still having the accessibility to New York City via many major highways or public transportation with buses or trains   If you would like to be emailed the full listing details on current homes for sale in River Edge, please ...
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By Jeana Cowie, Broker Associate, ABR, CRS, GRI, SRES
(RE/MAX Real Estate Limited)
  River Edge real estate update & home sales statistics through June 2012 presented by JEANA COWIE of Re/Max Real Estate Limited    River Edge Residential Real Estate Market Statistics Average Home Sold Price through June 2012: $415,500 Statistics for Residential Properties in RIVER EDGE, NJ for 12 Months Back Average Units Sold per Month for this period: 7.7 Total Units Sold for this period: 92 Average Units UC per Month for this period: 9.3Total Units UC for this period:112 Average Sold DOM for this period: 90 Average UC DOM for this period: 96 Average Median Sold Price for this period: $415,500     JEANA COWIE ABR, CRS, GRI, SRES Broker Associate Office Phone: (201) 599-1100 Ext:348 Contact Phone: (201) 982-2200 jmcowie@optonline.net RE/MAX REAL ESTATE LIMITED     --- Information her...
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By Sheldon Neal, That British Agent Bergen County NJ
(Bergen County, NJ - RE/MAX Real Estate Limited)
River Edge Homes For Sale Summary | June 2012 Market Report     Information supplied by the NJMLS, and deemed reliable, but not guaranteed. This month saw 8 homes sold in River Edge compared with 12 sold in May, and is down from 11 sold in June last year. Spring Home Sales are in full swing right now in Bergen County, and mortgage rates continue to hover under 4% for 30 yr fixed rates. This coupled with lower home prices makes it a great time to buy ! River Edge offers a terrific opportunity to live in a delightful suburban community, with a friendly feel, while still having the accessibility to New York City via many major highways or public transportation with buses or trains   If you would like to be emailed the full listing details on current homes for sale in River Edge, please cal...
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By Sheldon Neal, That British Agent Bergen County NJ
(Bergen County, NJ - RE/MAX Real Estate Limited)
River Edge Homes For Sale Summary | May 2012 Market Report     Information supplied by the NJMLS, and deemed reliable, but not guaranteed. This month saw 12 homes sold in River Edge compared with 9 sold in April, and is up from 8 sold in May last year. Spring Home Sales are in full swing right now in Bergen County, and mortgage rates continue to hover under 4% for 30 yr fixed rates. This coupled with lower home prices makes it a great time to buy ! River Edge offers a terrific opportunity to live in a delightful suburban community, with a friendly feel, while still having the accessibility to New York City via many major highways or public transportation with buses or trains   If you would like to be emailed the full listing details on current homes for sale in River Edge, please call l...
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