Upper Montclair, NJ Real Estate News

By Manny Rosa, New Construction - Union & Essex Counties, NJ
(Rosa Agency)
Wells Fargo HAFA Short Sale Closed in Upper Montclair NJ We're pleased to announce another successful Wells Fargo HAFA Short Sale has closed, this one located in prestigious Upper Montclair, NJ. This beautiful Victorian home was in high demand.  This Wells Fargo Short Sale home featured 6 bedrooms 2.5 bathrooms, hardwood floors, original wood work, central air/heat a generous yard and close proximity to NYC rail stations. After completing the borrower eligibility phase, Wells Fargo Short Sale Dept. ordered a Broker Price Opinion (BPO) to determine what price we should market the home for.  With such an impressive home in a highly sought after location, we were overwhelmed with showings and quickly had multiple offers.   After my seller client accepted the strongest offer, we submitted ...
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By Tamima Friedman*, I put the "om" back in "home."
(Keller Williams NJ Metro Group)
3 Bedroom Upper Montclair Condo Renovated 3 Bedroom Upper Montclair Condo with everything on your check list: An open floor plan, Central Air Conditioning, a deck, bonus office or bedroom, laundry in unit, parking, granite counters, Stainless Steel appliances, Wood Burning fireplace, and Hardwood floors. Plant yourself in this pet-friendly pied a terre, right in the heart of Upper Montclair. This lovely 3 bedroom condo is  close to shops, restaurants, schools, houses of worship, a movie theatre, Anderson Park, the public library, bus, and just 2 blocks to midtown direct trains into NYC! Don't miss the huge storage room in the basement: ca. 160 square feet of private space designated solely for the owners' use. The condo consists of 5 properties: 3 one-floor units in the front and 2 atta...
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It's no secret that with the current real estate market in many cities and rising unemployment rates that many homeowners are struggling to remain current on their mortgages.  When folks are struggling financially, they often look for a brief "escape" from their day-to-day concerns by going to the movies or attending another local event.  One professional sports organization has found a way to make escaping even more attractive to distressed homeowners! The Jersey Jackals, who play at Yogi Berra Stadium on the campus of Montclair State University and are a part of the CanAm baseball league, have added to their roster of nightly events what they are calling "Mortgage Mondays".  At one Monday home game in June, July and August, a drawing of the name of a game attendee will take place and ...
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By Martha Kolko
(referral agent at Keller Williams NJ Metro Group)
If you are purchsing a home in Essex County, you need to be informed about oil tanks. Start by requesting all documents pertaining to any oil tanks that have either been decommissioned or removed from the property.  Many buyers are now requesting removal of even decommissioned oil tanks due to potential leaks.  A leaking tank can delay closings for months and years in some cases.  I always recommend that buyers hire a professional to perform a tank sweep of the property they are purchsing.  There have been a few rare cases where second oil tanks were found on properties.  Buyers do not want to inherit a potential problem. 
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By Martha Kolko
(referral agent at Keller Williams NJ Metro Group)
I have clients that are having trouble getting homeowners insurance because of knob and tube wiring.  There are a few companies that will insure them but the cost is very high.  Does anyone know of a good insurance company that will insure a 1920's home with knob and tube without costing an arm and a leg? 
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