Tenafly, NJ Real Estate News

By Sheldon Neal, That British Agent Bergen County NJ
(Bergen County, NJ - RE/MAX Real Estate Limited)
Tenafly Homes For Sale Summary | December 2012 Market Report         Information deemed reliable but not guaranteed from the NJMLS This month saw 10 homes sold in Tenafly compared with 20 sold in November, and is down from 14  sold in December last year.     Housing inventories are very low in Bergen County right now, so buyers need to be ready to move fast if a home comes on the market that they like, as there are likely to be multiple buyers interested right now. Contact me to help you get fully prepared for when that new listing comes along.   Tenafly is an affluent suburb of NYC. Award winning schools, coupled with recreational facilities, parks and woodlands, diverse houses of worship, and quality borough services all help to attract newcomers to and keep older residents in this hi...
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By Brian Morgenweck, Broker/Owner, GRI, CRS, ABR, SRS
(Power Realty Group, LLC Bergen County, NJ )
Tenafly Condos for Sale and Real Estate Review - November 2012  Here are the important stats in the Tenafly condos & townhouses category. 3 Tenafly Condos SOLD Median Sold Price = $339,900 6 Under Contract 4 New Listings 26 Currently Active Listings Average Listing Price = $578,136 See all Tenafly Condos for Sale   Listing Status        Total        Total List/Sale Dollars  Average ListPrice Average SoldPrice Median SoldPrice Sale Price/List Price* Avg DOM Sold 3  $ 1,029,800  $ 343,267  $ 343,267  $ 339,900   100.000 169 Co-Broker 2  $ 669,800  $ 334,900  $ 334,900  $ 334,900   100.000 111 List/Sold 1  $ 360,000  $ 360,000  $ 360,000  $ 360,000   100.000 284 New 4  $ 1,689,000  $ 422,250         Under Contract 6  $ 2,834,800  $ 472,467       140 Withdrawn 1  $ 299,000  $ 299,000       ...
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By Brian Morgenweck, Broker/Owner, GRI, CRS, ABR, SRS
(Power Realty Group, LLC Bergen County, NJ )
Tenafly NJ Homes for Sale and Real Estate Review - November 2012 Here are the important stats in the single-family category: 16 Tenafly NJ Homes SOLD  Median Sold Price = $727,500 8 Under Contract 11 New Listings 73 Currently Active Listings Average Listing Price = $1,411,844 The market in Tenafly continues to be strong with tightening inventory levels & homes selling faster. (See DOM...The average days-on-market for the 14 Tenafly homes sold in October was 116 days to November's 76 days, while there are now 73 homes available for sale as compared to 78 last month.) Listing Status        Total        Total List/Sale Dollars  Average ListPrice Average SoldPrice Median SoldPrice Sale Price/List Price* Avg DOM Sold 16  $ 14,496,170  $ 989,681  $ 906,011  $ 727,500   91.546 76 Co-Broker 14 ...
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By Sheldon Neal, That British Agent Bergen County NJ
(Bergen County, NJ - RE/MAX Real Estate Limited)
Tenafly Homes For Sale Summary | November 2012 Market Report         Information deemed reliable but not guaranteed from the NJMLS This month saw 20 homes sold in Tenafly compared with 14 sold in October, and is up from 13  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 !!   Tenafly is an affluent subu...
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By Brian Morgenweck, Broker/Owner, GRI, CRS, ABR, SRS
(Power Realty Group, LLC Bergen County, NJ )
Tenafly Homes Real Estate Review - October 2012 Market Report Here are the important stats in the single-family category. 14 Tenafly Homes SOLD (up from 6 in September) Median Sold Price = $690,000 9 Under Contract 6 New Listings 78 Currently Active Listings (down 10% from 86 in September) Average Listing Price = $1,465,341   Listing Status        Total        Total List/Sale Dollars  Average ListPrice Average SoldPrice Median SoldPrice Sale Price/List Price* Avg DOM Sold 14  $ 14,043,000  $ 1,086,375  $ 1,003,071  $ 690,000   92.332 116 Co-Broker 11  $ 11,945,000  $ 1,175,477  $ 1,085,909  $ 800,000   92.380 114 List/Sold 3  $ 2,098,000  $ 759,667  $ 699,333  $ 430,000   92.058 124 New 6  $ 6,600,900  $ 1,100,150         Under Contract 9  $ 12,345,900  $ 1,371,767       63 Withdrawn 3 ...
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By Brian Morgenweck, Broker/Owner, GRI, CRS, ABR, SRS
(Power Realty Group, LLC Bergen County, NJ )
Tenafly Condos Real Estate Review - October 2012 Market Report Here are the important stats in the Tenafly condos & townhouses category. 0 Tenafly Condos SOLD Median Sold Price = $NA 1 Under Contract 4 New Listings 26 Currently Active Listings Average Listing Price = $557,436 Listing Status        Total        Total List/Sale Dollars  Average ListPrice Average SoldPrice Median SoldPrice Sale Price/List Price* Avg DOM Sold 0  $ 0  $ 0  $ 0  $ 0     Co-Broker 0  $ 0  $ 0  $ 0  $ 0     List/Sold 0  $ 0  $ 0  $ 0  $ 0     New 4  $ 2,203,700  $ 550,925         Under Contract 1  $ 489,000  $ 489,000       78 Withdrawn 3  $ 1,877,900  $ 625,967       131 Expired 1  $ 1,295,000  $ 1,295,000       183 Back on Market 0  $ 0  $ 0         Extended 1  $ 150,000  $ 150,000       215 Current Active 26...
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By Sheldon Neal, That British Agent Bergen County NJ
(Bergen County, NJ - RE/MAX Real Estate Limited)
Tenafly Homes For Sale Summary | October 2012 Market Report         Information deemed reliable but not guaranteed from the NJMLS This month saw 14 homes sold in Tenafly compared with 10 sold in September, and is the same as 14 sold in October 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 Brian Morgenweck, Broker/Owner, GRI, CRS, ABR, SRS
(Power Realty Group, LLC Bergen County, NJ )
Tenafly NJ Condo Real Estate Review - September 2012 Market Report Here are the important stats in the condo & townhouse category. 3 Tenafly NJ Condos SOLD Median Sold Price = $370,000 0 Under Contract 4 New Listings 28 Currently Active Listings Average Listing Price = $570,048   Listing Status        Total        Total List/Sale Dollars  Average ListPrice Average SoldPrice Median SoldPrice Sale Price/List Price* Avg DOM Sold 3  $ 1,234,900  $ 429,967  $ 411,633  $ 370,000   95.736 174 Co-Broker 0  $ 0  $ 0  $ 0  $ 370,000     List/Sold 3  $ 1,234,900  $ 429,967  $ 411,633  $ 370,000   95.736 174 New 4  $ 2,301,000  $ 575,250         Under Contract 0  $ 0  $ 0         Withdrawn 4  $ 1,932,900  $ 483,225       128 Expired 1  $ 599,999  $ 599,999       188 Back on Market 0  $ 0  $ 0      ...
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By Fortunato Campesi, Bergen County Realtor, Bergen County Short Sale Sp
(Bergen Couny, NJ Remax Elite Assoc. - Short Sale Specialist)
Tenafly NJ Short Sale Specialist Another Short Sale Listing sold in Tenafly NJ last week.  This was a gorgeous home and another situation where the buyer purchased the property in 2005. The market has dropped anywhere from 25-40% in some parts of Tenafly since that time.  The loan on this property was with Wells Fargo. For more Short Sale information on Tenafly Homes, give me a call anytime as I am a Short Sale Specialist. For more information on Tenafly, call Fortunato Campesi with Remax at 201-280-1280. To Search Tenafly Short Sales and Foreclosures go to: http://www.bergencountyhomesearcher.com/results.aspx?custom=30845&proptype=SF For more information and for available units, call Fortunato Campesi with Remax at 201-280-1280. Short Sale Tenafly NJ Short Sale Expert Short Sale Specia...
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By Sheldon Neal, That British Agent Bergen County NJ
(Bergen County, NJ - RE/MAX Real Estate Limited)
Tenafly Homes For Sale Summary | September 2012 Market Report         Information deemed reliable but not guaranteed from the NJMLS This month saw 10 homes sold in Tenafly compared with 25 sold in August, and is down from 21 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 back on th...
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By Brian Morgenweck, Broker/Owner, GRI, CRS, ABR, SRS
(Power Realty Group, LLC Bergen County, NJ )
Tenafly NJ Homes Real Estate Review - September 2012 Market Report Here are the important stats in the single-family category. 6 Tenafly NJ Homes SOLD Median Sold Price = $840,000 14 Under Contract 19 New Listings 86 Currently Active Listings Average Listing Price = $1,437,023 Listing Status        Total        Total List/Sale Dollars  Average ListPrice Average SoldPrice Median SoldPrice Sale Price/List Price* Avg DOM Sold 6  $ 5,299,000  $ 956,000  $ 883,167  $ 840,000   92.381 118 Co-Broker 4  $ 3,679,000  $ 987,000  $ 919,750  $ 840,000   93.186 142 List/Sold 2  $ 1,620,000  $ 894,000  $ 810,000  $ 810,000   90.604 70 New 19  $ 27,400,600  $ 1,442,137         Under Contract 14  $ 12,239,800  $ 874,271       116 Withdrawn 10  $ 13,638,700  $ 1,363,870       196 Expired 12  $ 23,354,50...
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By Zohar "Zack" Zamir, Fair Lawn, Bergen County & Northern NJ Real Estate
(Keller Williams Town Life)
Weekend Forecast For Tenafly, NJ   Friday in Tenafly, NJ Mostly Sunny High 90° | Low 72°     Saturday in Tenafly, NJ Thunder Storms High 82° | Low 61°     Sunday in Tenafly, NJ Chance of Storms High 77° | Low 52°   Sorry Tenafly, looks like it's going to be a "stay indoors and watch movies" type of weekend. Those are fun too! Make the best of it, the weekend will be over before you know it.
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By Sheldon Neal, That British Agent Bergen County NJ
(Bergen County, NJ - RE/MAX Real Estate Limited)
Tenafly Homes For Sale Summary | August 2012 Market Report         Information deemed reliable but not guaranteed from the NJMLS This month saw 25 homes sold in Tenafly compared with 33 sold in July, and is up from 20 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 the market !...
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By Zohar "Zack" Zamir, Fair Lawn, Bergen County & Northern NJ Real Estate
(Keller Williams Town Life)
  Tenafly Weather Forecast                                                  High/Low(°F) Tonight 8/10/2012 in Tenafly, NJ: Isolated T-Storms                à                        73°   Friday 8/11/2012 in Tenafly, NJ: Scattered T-Storms             à                     80°/73°   Saturday 8/12/2012 in Tenafly, NJ: Scattered T-Storms             à                     84°/69°   Sunday 8/13/2012 in Tenafly, NJ: Sunny                                  à                     83°/66°   Monday 8/14/2012 in Tenafly, NJ: Partly Cloudy                      à                      85°/69°   Tuesday 8/15/2012 in Tenafly, NJ:  Isolated T-Storms               à                      84°/70°   Wednesday 8/16/2012 in Tenafly, NJ:  Partly Cloudy                     à                      85°/70°   Thursda...
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By Sheldon Neal, That British Agent Bergen County NJ
(Bergen County, NJ - RE/MAX Real Estate Limited)
Tenafly Homes For Sale Summary | July 2012 Market Report         Information deemed reliable but not guaranteed from the NJMLS This month saw 33 homes sold in Tenafly compared with 23 sold in June, and is up from 29 sold in July 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 ! Tenafly is an affluent suburb of NYC. Award winning schools, coupled with recreational facilities, parks and woodlands, diverse houses of worship, and quality borough services all help to attract newcomers to and keep older residents in this historic town. If you would like to be emailed the full listing details on current homes for sale in Tenafly, pleas...
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By Zohar "Zack" Zamir, Fair Lawn, Bergen County & Northern NJ Real Estate
(Keller Williams Town Life)
IT’S FRIDAY! My favorite day of the week. It’s the beginning of the weekend and everyone should be starting to relax. It is a perfect time to take your mind off of work and spend quality time with family and loved ones. Make it a fun packed time in Tenafly NJ this weekend! Don’t just be a couch potato, get out and enjoy what Tenafly has to offer. Don’t let the days pass you by, before you know it it’ll be Monday, take advantage this weekend and have fun in Tenafly! This weekend’s weather forecast for Tenafly isn’t looking to bad either. Today Clear 93 °F      Tomorrow Partly Cloudy 91 | 72 °F   Sunday Chance of a Thunderstorm 82 | 73 °F 50% chance of precipitation   Don’t get too worried about a possible rainy day ahead, there are plenty of things to do indoors. Maybe a nice movie theat...
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By Jeana Cowie, Broker Associate, ABR, CRS, GRI, SRES
(RE/MAX Real Estate Limited)
Tenafly real estate market update & statistics for the last 12 months through June, 2012 presented by JEANA COWIE of Re/Max Real Estate Limited   Tenafly real estate statistics as reported by the New Jersey Multiple Listing Service (NJMLS)    Tenafly homes for sale Average Median Sold Price for this period: $747,542    Tenafly home sales =  Total Units Sold for this period: 152   Statistics for Residential Properties in TENAFLY, NJ for 12 Months Back Average Units Sold per Month for this period: 12.7 Total Units Sold for this period: 152 Average Units UC per Month for this period: 15.0Total Units UC for this period:180 Average Sold DOM for this period: 90 Average UC DOM for this period: 97 Average Median Sold Price for this period: $747,542     JEANA COWIE ABR, CRS, GRI, SRES Broker Ass...
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By Sheldon Neal, That British Agent Bergen County NJ
(Bergen County, NJ - RE/MAX Real Estate Limited)
Tenafly Homes For Sale Summary | June 2012 Market Report         Information deemed reliable but not guaranteed from the NJMLS This month saw 23 homes sold in Tenafly compared with 13 sold in May, and is up from 31 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 Tenafly is an affluent suburb of NYC. Award winning schools, coupled with recreational facilities, parks and woodlands, diverse houses of worship, and quality borough services all help to attract newcomers to and keep older residents in this historic town. If you would like to be emailed the full listing details on current homes for sale in Tenafly, please c...
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By Sheldon Neal, That British Agent Bergen County NJ
(Bergen County, NJ - RE/MAX Real Estate Limited)
Tenafly Homes For Sale Summary | May 2012 Market Report         Information deemed reliable but not guaranteed from the NJMLS This month saw 18 homes sold in Tenafly compared with 5 sold in April, and is the same as the 18  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 Tenafly is an affluent suburb of NYC. Award winning schools, coupled with recreational facilities, parks and woodlands, diverse houses of worship, and quality borough services all help to attract newcomers to and keep older residents in this historic town. If you would like to be emailed the full listing details on current homes for sale in Tenafly, ...
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By Sheldon Neal, That British Agent Bergen County NJ
(Bergen County, NJ - RE/MAX Real Estate Limited)
Tenafly Homes For Sale Summary | April 2012 Market Report           Information deemed reliable but not guaranteed from the NJMLS This month saw 5 homes sold in Tenafly compared with 15 sold in March  , and is down from 9 sold in March 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 Tenafly is an affluent suburb of NYC.  Award winning schools, coupled with recreational facilities, parks and woodlands, diverse houses of worship, and quality borough services all help to attract newcomers to and keep older residents in this historic town. If you would like to be emailed the full listing details on current homes for sale in Tenafly...
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