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 | March 2012 Market Report           Information deemed reliable but not guaranteed from the NJMLS This month saw 15 homes sold in Tenafly compared with 9 sold in February, and is up from 9 sold in Marchl 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 ...
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By Jeana Cowie, Broker Associate, ABR, CRS, GRI, SRES
(RE/MAX Real Estate Limited)
Tenafly Colonial home for sale listed by Jeana Cowie This is an incredible Tenafly, NJ home for sale that has been updated & expanded upon offered at $799,000 5-6 Bedrooms, 4 full bathrooms, oversized 2 car garage, 195' deep lot & much more. Completely restored & expanded, it is the best of today and yesterday! Must See Tenafly home for sale $799,000   Back view of this lovely Tenafly Colonial style home for sale with Romeo & Juliet balcony & deck. Spacious Family Room with doors to deck Formal dining room Dining area off kitchen with door to deck Living Room Absolutely beautiful Master Bathroom!! Jacuzzi Jetted Tub!!! Large Master BR with Romeo & Juliet Balcony! 193' Deep Yard!! THIS IS THE TENAFLY HOME YOU'VE DREAMT ABOUT! A 5-6 BR, 4 BTH COLONIAL THAT COMBINES THE BEST OF YESTERYEAR ...
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By Brian Morgenweck, Broker/Owner, GRI, CRS, ABR, SRS
(Power Realty Group, LLC Bergen County, NJ )
Tenafly NJ Real Estate Review - March 2012 Here are the important stats for March in the single-family category.   11 Tenafly NJ Homes SOLD Median Sold Price = $720,000 17 Under Contract 28 New Listings 107 Currently Active Listings Average Listing Price = $1,299,932   Spring is here & the market is heating up. Stay tuned to the Tenafly NJ Real Estate Review to stay on top of the market & in-the-know. Information leads to knowledge. Knowledge creates power! Listing Status        Total        Total List/Sale Dollars  Average ListPrice Average SoldPrice Median SoldPrice Sale Price/List Price* Avg DOM Sold 11  $ 8,840,200  $ 879,182  $ 803,655  $ 720,000   91.409 90 Co-Broker 6  $ 5,316,300  $ 967,500  $ 886,050  $ 659,400   91.581 99 List/Sold 5  $ 3,523,900  $ 773,200  $ 704,780  $ 720,0...
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By Brian Morgenweck, Broker/Owner, GRI, CRS, ABR, SRS
(Power Realty Group, LLC Bergen County, NJ )
Tenafly NJ Condo Review - March 2012 Here are the important stats for March in the condo & townhouse category.   3 Tenafly NJ Condos SOLD Median Sold Price = $569,250 3 Under Contract 6 New Listings 20 Currently Active Listings Average Listing Price = $572,161   Stay tuned to the Tenafly NJ Condo Review to stay on top of the market & in-the-know. Information leads to knowledge & knowledge creates power! Listing Status        Total        Total List/Sale Dollars  Average ListPrice Average SoldPrice Median SoldPrice Sale Price/List Price* Avg DOM Sold 3  $ 1,650,250  $ 588,000  $ 550,083  $ 569,250   93.552 466 Co-Broker 1  $ 905,000  $ 999,999  $ 905,000  $ 905,000   90.500 544 List/Sold 2  $ 745,250  $ 382,000  $ 372,625  $ 372,625   97.546 427 New 6  $ 4,288,000  $ 714,667         Unde...
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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 | February 2012 Market Report           Information deemed reliable but not guaranteed from the NJMLS. If you would like to be emailed the full listing details on current homes for sale in Tenafly, please call local expert Sheldon Neal at 201-481-2891, or email SheldonNeal@remax.net and the available active listings will be emailed to you immediately.   ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ >> Dont miss other upcoming blog entries from "ThatBritishAgent" !       Sheldon Neal is a local Bergen County Realtor® with RE/MAX If you are looking for Bergen County Realtors, call local expert Sheldon Neal for all your Bergen County Buying & Selling needs ! Sheldon Neal ~ RE/MAX REAL ESTATE LTD. cell: 201-481-2891 email: SheldonN...
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By Brian Morgenweck, Broker/Owner, GRI, CRS, ABR, SRS
(Power Realty Group, LLC Bergen County, NJ )
Tenafly NJ Real Estate Review - January & February 2012 Here are the important stats so far in 2012 in the single family category. 15 Tenafly NJ Homes SOLD Median Sold Price = $780,000 18 Under Contract 51 New Listings 93 Currently Active Listings Average Listing Price = $1,295,632 Explore current listings of Tenafly NJ Homes For Sale & see all  details with lots of photos! Search all property types, save searches, even set up email alerts, so you'll be informed immediately when Tenafly homes that meet your "wish list" come on the market!   Listing Status        Total        Total List/Sale Dollars  Average ListPrice Average SoldPrice Median SoldPrice Sale Price/List Price* Avg DOM Sold 15  $ 17,523,800  $ 1,316,453  $ 1,168,253  $ 780,000   88.742 105 Co-Broker 12  $ 14,328,800  $ 1,36...
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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 | January 2012 Market Report     Information deemed reliable but not guaranteed from the NJMLS.  If you would like to be emailed the full listing details on current homes for sale in Tenafly, please call local  expert Sheldon Neal at 201-481-2891, or email SheldonNeal@remax.net and the available active listings will be emailed to you immediately.   ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ >> Dont miss other upcoming blog entries from "ThatBritishAgent" !       Sheldon Neal is a local Bergen County Realtor® with RE/MAX If you are looking for Bergen County Realtors, call local expert Sheldon Neal for all your Bergen County Buying & Selling needs ! Sheldon Neal ~ RE/MAX REAL ESTATE LTD. cell: 201-481-2891 email: SheldonNeal@r...
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By Brian Morgenweck, Broker/Owner, GRI, CRS, ABR, SRS
(Power Realty Group, LLC Bergen County, NJ )
Tenafly NJ Condo Review - January & February 2012 Here are the important stats so far in 2012 in the condo & townhouse category. 1 Tenafly Condo SOLD Sold Price = $345,000 (at 100% of asking price) 5 Under Contract 8 New Listings 17 Currently Active Listings Average Listing Price = $549,060 I noticed something very interesting while compiling this market review. The inventory level of Tenafly Condos For Sale was down by 49%. (in mid-February vs. the same time last year) Stay tuned to my Tenafly NJ Condo Reviews to see if this trend continues & we'll analyze any implications it may have, moving forward.   Listing Status        Total        Total List/Sale Dollars  Average ListPrice Average SoldPrice Median SoldPrice Sale Price/List Price* Avg DOM Sold 1  $ 345,000  $ 345,000  $ 345,000  ...
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By Brian Morgenweck, Broker/Owner, GRI, CRS, ABR, SRS
(Power Realty Group, LLC Bergen County, NJ )
Tenafly NJ Real Estate Rentals - Apartments, Condos & Homes for Rent in Tenafly NJ Search for all available apartments, condos & homes for rent in Tenafly NJ. All of the rental listings are updated daily. There are no old, rented, or expired listings here. If you'd like information on condos, apartments, 2-family homes or houses for rent in Tenafly, click the link below: Apartments, Condos & Homes for Rent in Tenafy NJ Customize your search by # of bedrooms, baths, days-on-market or price range. You'll see details for every property including photos, maps & satellite images. You can even zoom in on a building, home or surrounding neighborhood with aerial "bird's eye view" technology. (see example below) Apartments, Condos & Homes for Rent in Tenafly NJ If you see a listing you might lik...
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By Brian Morgenweck, Broker/Owner, GRI, CRS, ABR, SRS
(Power Realty Group, LLC Bergen County, NJ )
Expired Listings: What’s The Big Problem & How to Avoid Becoming One   According to 2011 data for Bergen County homes & Bergen County condos, a total of 5,492 listings expired unsold in the last year. (If we consider withdrawn listings & failed contracts, that # more than doubles!)   So, What’s The Big Problem?   Well, a mountain of expired, withdrawn, or “imbalanced” listed properties screams one thing, loud & clear. Most unfortunately, so many would-be sellers have lost time, lost money, missed opportunities and yes, some have had far worse results!   Would you like to know the best kept secret in real estate? …Do you want to know how to avoid becoming an expired listing statistic?  Just call or email me today. I’ll send you your password to access the free, zero-obligation… “Pearls O...
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By Brian Morgenweck, Broker/Owner, GRI, CRS, ABR, SRS
(Power Realty Group, LLC Bergen County, NJ )
Tenafly NJ Condo Review - 2011 In A Nutshell... A Stellar Year Statistically! This review has all the stats for 2011 in the condo & townhouse category. SOLD                                                                                   43 AVERAGE PRICE (of units sold)                                        $646,314       % CHANGE in AVG PRICE vs 2010                                +20.8% LISTED                                                                               41 UNDER CONTRACT                                                               38 BACK ON MARKET                                                                 5 WITHDRAWN                                                                       10 EXPIRED                                                                ...
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By Brian Morgenweck, Broker/Owner, GRI, CRS, ABR, SRS
(Power Realty Group, LLC Bergen County, NJ )
Read the entire post: Emotions & The Real Estate Transaction - Part I Where's The Market?   The following is the abridged version... Where's The Market? Everyone's heard... spoken... asked... answered what's probably the most common (& pertinent) question in all of Real Estate Land, "How's the market?".  Let's look at the "Where" for a moment.     Generally, SELLERS have a pretty deep emotional attachment to their HOME & all they've experienced in it...family events, holidays, raising children, relationships with neighbors, epic, epic, epic... While they mean the world to a seller, none of these emotional aspects are really quantifiable in terms of a dollar amount, or market value. Sellers tend to cherish their homes and usually don't see their real estate transaction as plainly as sell...
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By Brian Morgenweck, Broker/Owner, GRI, CRS, ABR, SRS
(Power Realty Group, LLC Bergen County, NJ )
Tenafly NJ Real Estate Review - 2011 In A Nutshell This review consists of all of the year's statistics in the single-family category. SOLD                                                                           158 AVERAGE PRICE (of homes sold)                                $1,002,874   % CHANGE VS 2010                                                    +11.5% LISTED                                                                         288 UNDER CONTRACT                                                         178 BACK ON MARKET                                                          26 WITHDRAWN                                                                 100 EXPIRED                                                                       100 CURRENTLY ACTIVE                     ...
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By Brian Morgenweck, Broker/Owner, GRI, CRS, ABR, SRS
(Power Realty Group, LLC Bergen County, NJ )
Tenafly NJ Real Estate Market Activity - December 2011   How's the market in Tenafly NJ? This report is exclusively for Tenafly single-family homes for the month of December. Market reports aren't the most exciting reading, but they contain important information that serious buyers & sellers should know. Connect with me if you'd like to get into the #'s a bit deeper. I'll try & make it fun! And, if you'd like a list of the recently sold homes in your area or you'd like to know what your home should sell for in today's market, just ask.   There were 11 homes SOLD in December with an average list price of $1,056,527 and an average sold price of $840,500.   The average sold price as a percentage of original list being 79.5%.   The average days on market for the homes sold was 113 days. Thi...
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By Brian Morgenweck, Broker/Owner, GRI, CRS, ABR, SRS
(Power Realty Group, LLC Bergen County, NJ )
How's the Market in Tenafly NJ? Real Estate Market Activity for November 2011 This report pertains exclusively to the Tenafly NJ single-family homes market. In total for the month, there were 9 Tenafly homes SOLD with an Average List Price of $1,171,722  and an Average Sold Price of $1,000,611. The average sold price as a percentage of the original list price being  85.4%. This compares the dollar amount of the eventual sale to the amount at which the homes were originally listed & offered for sale. The average Days On Market was 109 days. This counts the # of days from the original listing date until a home is designated under contract. "Days On Market" can be a misleading statistic in which one might assume all homes considered were actually "on the market" (priced correctly) to begin...
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By Brian Morgenweck, Broker/Owner, GRI, CRS, ABR, SRS
(Power Realty Group, LLC Bergen County, NJ )
Tenafly NJ Real Estate - The best way to sell your Tenafly New Jersey home If you're thinking about selling your Tenafly NJ home & want the best possible results, explore the marketing power of JerseyHomeScene.com   See why our real estate marketing system has been called, "Nothing short of a tech-savvy, online marketing arsenal!"   "How our marketing plans benefit YOU!” ...is an exciting *VIDEO* library describing many of today's highly effective real estate marketing tools we use with topics like: (Click on the titles below to watch the videos!) Using custom full-motion video to market your home or condo Bringing properties to life with mobile marketing Keeping buyers focused on YOUR listing with a single-property site Power Realty Group markets your home on over 500 sites How we use ...
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By Brian Morgenweck, Broker/Owner, GRI, CRS, ABR, SRS
(Power Realty Group, LLC Bergen County, NJ )
Bergen County NJ Real Estate Review: TENAFLY HOMES SOLD in October 2011 The following chart represents Tenafly homes market activity for October. Listing Status        Total        Total List/Sale Dollars  Average ListPrice Average SoldPrice Median SoldPrice Sale Price/List Price* Avg DOM Sold 11  $ 12,363,000  $ 1,253,455  $ 1,123,909  $ 653,000   89.665 65 Co-Broker 8  $ 7,953,000  $ 1,085,500  $ 994,125  $ 639,500   91.582 49 List/Sold 3  $ 4,410,000  $ 1,701,333  $ 1,470,000  $ 1,450,000   86.403 107 New 17  $ 18,505,000  $ 1,088,529         Under Contract 10  $ 6,845,700  $ 684,570       83 Withdrawn 6  $ 8,241,000  $ 1,373,500       150 Expired 13  $ 12,441,000  $ 957,000       247 Back on Market 2  $ 998,900  $ 499,450       54 Extended 7  $ 4,536,887  $ 648,127       217 Current...
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By Brian Morgenweck, Broker/Owner, GRI, CRS, ABR, SRS
(Power Realty Group, LLC Bergen County, NJ )
Bergen County NJ Real Estate Review: Tenafly Home Sales Activity- September 2011 The following chart represents Tenafly home sales market activity for September. Listing Status        Total        Total List/Sale Dollars  Average ListPrice Average SoldPrice Median SoldPrice Sale Price/List Price* Avg DOM Sold 17  $ 18,880,623  $ 1,217,941  $ 1,110,625  $ 965,500   91.189 79 Co-Broker 9  $ 8,182,623  $ 1,019,556  $ 909,180  $ 805,123   89.174 85 List/Sold 8  $ 10,698,000  $ 1,441,125  $ 1,337,250  $ 1,349,500   92.792 71 New 18  $ 17,252,800  $ 958,489         Under Contract 12  $ 12,726,700  $ 1,060,558       100 Withdrawn 3  $ 1,573,800  $ 524,600       87 Expired 5  $ 5,723,000  $ 1,144,600       238 Back on Market 1  $ 825,000  $ 825,000       164 Extended 12  $ 18,284,899  $ 1,523,7...
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By Brian Morgenweck, Broker/Owner, GRI, CRS, ABR, SRS
(Power Realty Group, LLC Bergen County, NJ )
What are the 4 MOST important things to Tenafly condo sellers?    Watch this quick video...        What's the BEST way to market YOUR Tenafly condo to:      Get it SOLD    for the MOST MONEY     in the SHORTEST TIME     as SMOOTHLY as possible?       Click & explore...     Jersey Condo Scene (@NJCondoScene)           or...     Jersey Condo Deal (@JerseyCondoDeal)        Would you like to know what YOUR Tenafly condo is worth in today's market?     It's simple!      Click & share a little about your condo or townhome or...      Call me, Brian Morgenweck (201)489-3020 or...     email Brian@TheJerseyScene.com     For up-to-date & detailed information on Tenafly condos for sale...   Click & explore...     >Tenafly, NJ Condos for Sale<        Sellers: Click & watch these powerful & informati...
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By Brian Morgenweck, Broker/Owner, GRI, CRS, ABR, SRS
(Power Realty Group, LLC Bergen County, NJ )
Woofstock 2011 The Grooviest Pet Lover Event Ever! Conventional wisdom has it that if you remember the 60′s… you probably weren’t there! Well, here's a horse pet of a different tie-dye color for you… Pet ResQ Inc. presents Woofstock 2011 Today, Sunday October 8th 11am-4pm at the Municipal Circle Park in Tenafly, NJ. Admission is FREE & there’s lots of fun for the furry folks (4-legged!) and their loving humans. Live music featuring the Old No 7 Band throughout the day Best doggy costume Human barking contest (Canine Karaoke?!) Celebrity friends Joey Villani & Bill Berloni More than 50 exhibits Training demos Food & drink Adoption red carpet walk Crazy arts & crafts for kids & dogs alike, like paw painting! It’s Woofstock 2011 in Tenafly today for the grooviest pet-lover event ever! Che...
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