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Allendale, NJ Real Estate News

By James Lockard, Realtor, Allendale, NJ
(RE/MAX Properties - Saddle River)
Below you will find Allendale real estate statistic for the period 6/1/2007 through 7/1/2007 as listed in the New Jersey Multiple Listing Service for  all property types in Allendale.ListingStatus       Total       Total List/Sale Dollars Average ListPriceAverage SoldPriceMedian SoldPriceSale Price/List PriceSold10 $ 9,081,900 $ 930,490 $ 908,190 $ 610,000  97.603Co-Broker7 $ 5,904,900 $ 851,000 $ 843,557 $ 605,000  99.125List/Sold3 $ 3,177,000 $ 1,115,967 $ 1,059,000 $ 448,000  94.895New 12 $ 9,542,800 $ 795,233   Under Contract6 $ 4,805,800 $ 800,967   Current Active35 $ 37,503,699 $ 1,071,534     The same statistics for last month (May 2007):Listing Status       Total  Total List/Sale Dollars Average ListPriceAverage SoldPriceMedian SoldPriceSale Price/List PriceSold7 $ 4,157,300 $ 6...
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By James Lockard, Realtor, Allendale, NJ
(RE/MAX Properties - Saddle River)
  What do softball games, soccer games, ice skating, an Easter Egg Hunt, barn owls nesting, a 9/11 Memorial, rugby matches, July 4th fireworks and, oh yes, swimming all have in common?  They all happen at Allendale's Crestwood Lake.  The 71 acre park is town owned and the focal point for many of the town's activities bringing it's residents together.   But it wasn't always like this. I've lived in town since 1965 and can give you a fairly accurate description of the history of the lake since then.  Prior to that point I rely on bits and pieces I have gathered over the years from the old timers, and Allendale history books. From what I can gather, back in the 1920's the land around Crestwood lake was purchased and the plan was to build a lake community.  As the depression hit, the need f...
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By James Lockard, Realtor, Allendale, NJ
(RE/MAX Properties - Saddle River)
If you want to know what Allendale is about, you should try and be around the town on the Fourth of July.  Some of my earliest memories in town reflect back to this day.  The town comes together to celebrate with an all day calendar of field events, baseball games, marching band music and to cap it all off, a fantastic fireworks display.  All of this is organized by a group in town called the Holiday Observers.The Holiday Observers signify why people enjoying living in Allendale. Eventually if you live here long enough and want to be involved in the community you then get to know everyone.  Early in the 1900's a few neighbors got together and pooled their fireworks to celebrate the Fourth of July. It became a tradition and in 1919 the Holiday Observers were established.   Today the grou...
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By James Lockard, Realtor, Allendale, NJ
(RE/MAX Properties - Saddle River)
Allendale Real EstateI like to continuously monitor local real estate statistics to keep my clients informed and ahead of the real estate trends.  Below you will find Allendale real estate statistic for the period 5/1/2007 through 6/1/2007 as listed in the New Jersey Multiple Listing Service for  all property types in Allendale.Listing Status       Total  Total List/Sale Dollars Average ListPriceAverage SoldPriceMedian SoldPriceSale Price/List PriceSold7 $ 4,157,300 $ 613,800 $ 593,900 $ 495,000  96.758Co-Broker7 $ 4,157,300 $ 613,800 $ 593,900 $ 495,000  96.758List/Sold0 $ 0 $ 0 $ 0 $ 495,000 New 23 $ 20,363,050 $ 885,350   Under Contract8 $ 6,578,800 $ 822,350   Current Active47 $ 41,210,199 $ 876,813   If we run the same report for this period last year we see the following:Listing S...
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By James Lockard, Realtor, Allendale, NJ
(RE/MAX Properties - Saddle River)
Having lived in Allendale since 1965 when my parents bought a house in a development on the north side of town, I have seen the town grow to what it is today.  1965 was a big year for Allendale.  Northern Highlands Regional High School (NHRHS) was completed and the first classes started in September. The residents approved the site of the new elementary school(Hillside School) and the town approved the sewer ordinance.  However, my earliest memories of the town are of the Allendale Ball Field.  That's what I remember calling it. Some say the real name is Recreation Park,  but regardless, it sits at the corner of Crescent Ave and Allendale Ave across for Crestwood Lake and next to Brookside School.    The landmark of the Ball Field is the Grand Stand. It stands regally over the major lea...
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By James Lockard, Realtor, Allendale, NJ
(RE/MAX Properties - Saddle River)
The big event in Allendale this upcoming weekend is the Allendale Memorial Day Parade.   Every year for as long as I have lived in town(42 years) the Allendale Veterans of Foreign Wars and the American Legion have been organizing the parade.  It is followed by a Memorial Service at Memorial Park. The parade will step off at 9:30 am at Tallman Place on Myrtle Ave.  The marchers will go through town, past the A&P parking lot, make a right on West Orchard and proceed to Memorial Park for the service.  Usually there are all the town organizations represented including the Veterans, cub scouts, boy scouts, brownies and girl scouts, Womens's Club, Holiday Observers as well as the Brookside school band.  Old time cars, the Fire Department engines, and police departemetn also can be seen in the...
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By James Lockard, Realtor, Allendale, NJ
(RE/MAX Properties - Saddle River)
Allendale Real EstateI like to continuously monitor local real estate statistics to keep my clients informed and ahead of the real estate trends.  Below you will find Allendale real estate statistic for the period 1/1/2007 through 5/1/2007 as listed in the New Jersey Multiple Listing Service for all property types in Allendale. Listing Status       Total       Total List/Sale Dollars Average ListPriceAverage SoldPriceMedian SoldPriceSale Price/List PriceSold 27 $ 20,425,499 $ 826,891 $ 756,500 $ 645,000  91.487New 75 $ 57,233,074 $ 763,108   Under Contract40 $ 31,320,300 $ 783,008   Current Active 44 $ 34,685,249 $ 788,301   Active on 5/1/200753 $ 41,578,499 $ 784,500 To find the value of your home allow me to provide a free Comparative Market Analysis specifically for you. Please visit...
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