Bogota, NJ Real Estate News

By Sheldon Neal, That British Agent Bergen County NJ
(Bergen County, NJ - RE/MAX Real Estate Limited)
Bogota Homes For Sale Summary | June 2012 Market Report     Information supplied by the NJMLS, and deemed reliable, but not guaranteed.   This month saw 4 homes sold in Bogota, compared with 3 in May, and is the same as 4 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 !   Bogota is nestled in central Bergen County, on the east shore of the Hackensack River. With a population of less than 10,000 people,Bogota offers a small town feel within arm’s reach of the city. Interstate 80 and Route 4 provide quick access to the George Washington Bridge into NYC, and the NJ turnpike and Garden State Parkway provide access to N...
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By Sheldon Neal, That British Agent Bergen County NJ
(Bergen County, NJ - RE/MAX Real Estate Limited)
Bogota Homes For Sale Summary | May 2012 Market Report     Information supplied by the NJMLS, and deemed reliable, but not guaranteed.   This month saw 3 homes sold in Bogota, the same as April, and is the same as 3 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 !   Bogota is nestled in central Bergen County, on the east shore of the Hackensack River. With a population of less than 10,000 people,Bogota offers a small town feel within arm’s reach of the city. Interstate 80 and Route 4 provide quick access to the George Washington Bridge into NYC, and the NJ turnpike and Garden State Parkway provide access to New Jers...
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By Sheldon Neal, That British Agent Bergen County NJ
(Bergen County, NJ - RE/MAX Real Estate Limited)
Bogota Homes For Sale Summary | April 2012 Market Report       Information supplied by the NJMLS, and deemed reliable, but not guaranteed.   This month saw 3 homes sold in Bogota compared with 5 sold in March, and is up from 3 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 !   Bogota is nestled in central Bergen County, on the east shore of the Hackensack River. With a population of less than 10,000 people,  Bogota offers a small town feel within arm’s reach of the city. Interstate 80 and Route 4 provide quick access to the George Washington Bridge into NYC, and the NJ turnpike and Garden State Parkway provide acc...
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By Sheldon Neal, That British Agent Bergen County NJ
(Bergen County, NJ - RE/MAX Real Estate Limited)
Bogota Homes For Sale Summary | March 2012 Market Report     Information supplied by the NJMLS, and deemed reliable, but not guaranteed.   This month saw 5 homes sold in Bogota compared with 3 sold in February, and is up from 3 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 !   Bogota is nestled in central Bergen County, on the east shore of the Hackensack River. With a population of less than 10,000 people,  Bogota offers a small town feel within arm’s reach of the city. Interstate 80 and Route 4 provide quick access to the George Washington Bridge into NYC, and the NJ turnpike and Garden State Parkway provide ac...
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By Brian Morgenweck, Broker/Owner, GRI, CRS, ABR, SRS
(Power Realty Group, LLC Bergen County, NJ )
Bogota NJ Real Estate Review - March 2012 Here are the important stats for March in the single-family category.   5 Bogota NJ Homes SOLD Median Sold Price = $295,000 (note the short market times!) 8 Under Contract 5 New Listings 32 Currently Active Listings Average Listing Price = $318,919   Spring is here & the market is heating up. Stay tuned to the Bogota 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 5  $ 1,476,000  $ 326,680  $ 295,200  $ 295,000   90.364 51 Co-Broker 5  $ 1,476,000  $ 326,680  $ 295,200  $ 295,000   90.364 51 List/Sold 0  $ 0  $ 0  $ 0  $ 295,...
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By Brian Morgenweck, Broker/Owner, GRI, CRS, ABR, SRS
(Power Realty Group, LLC Bergen County, NJ )
Bogota NJ Real Estate Review - January & February 2012 Here are the important stats so far in 2012 in the single family category. 5 Bogota NJ Homes SOLD Median Sold Price = $225,000 11 Under Contract 14 New Listings 30 Currently Active Listings Average Listing Price = $304,493 I noticed something interesting while compiling this market review. The inventory level of Bogota NJ Homes For Sale was down by 24%. (mid-February vs. the same time last year) Stay tuned to my Bogota NJ Real Estate Reviews to see if this trend continues & we'll analyze any implications it may have. Listing Status        Total        Total List/Sale Dollars  Average ListPrice Average SoldPrice Median SoldPrice Sale Price/List Price* Avg DOM Sold 5  $ 1,049,000  $ 231,480  $ 209,800  $ 225,000   90.634 68 Co-Broker ...
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By Brian Morgenweck, Broker/Owner, GRI, CRS, ABR, SRS
(Power Realty Group, LLC Bergen County, NJ )
Bogota NJ Real Estate Review - 2011 In A Nutshell This review consists of all the stats for the year in the single-family category. SOLD                                                                             32 AVERAGE PRICE (of homes sold)                                 $247,203         % CHANGE vs 2011                                               -16.7% LISTED                                                                           69 UNDER CONTRACT                                                           41 BACK ON MARKET                                                            12 WITHDRAWN                                                                   22 EXPIRED                                                                         43 CURRENTLY ACTIVE                 ...
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By Sheldon Neal, That British Agent Bergen County NJ
(Bergen County, NJ - RE/MAX Real Estate Limited)
Bogota Homes For Sale Summary | August 2011 Market Report     Information supplied by the NJMLS, and deemed reliable, but not guaranteed.   If you would like to be emailed the full listing details on current homes for sale in Bogota, NJ, 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 Full Time Realtor® with RE/MAX, specializing in Homes For Sale in Central and Northern Bergen County, NJ. Sheldon is also a proud Bergen County resident ! If you are looking for Bergen County Realtors, call local expert Sheldon Neal for al...
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By Sheldon Neal, That British Agent Bergen County NJ
(Bergen County, NJ - RE/MAX Real Estate Limited)
Bogota Homes For Sale Summary | July 2011 Market Report     Information supplied by the NJMLS, and deemed reliable, but not guaranteed.   If you would like to be emailed the full listing details on current homes for sale in Bogota, NJ, 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 Full Time Realtor® with RE/MAX, specializing in Homes For Sale in Central and Northern Bergen County, NJ. Sheldon is also a proud Bergen County resident ! If you are looking for Bergen County Realtors, call local expert Sheldon Neal for all ...
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By Sheldon Neal, That British Agent Bergen County NJ
(Bergen County, NJ - RE/MAX Real Estate Limited)
Bogota Homes For Sale Summary | June 2011 Market Report     Information supplied by the NJMLS, and deemed reliable, but not guaranteed. If you would like to be emailed the full listing details on current homes for sale in Bogota, NJ, 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 Full Time Realtor® with RE/MAX, specializing in Homes For Sale in Central and Northern Bergen County, NJ. Sheldon is also a proud Bergen County resident ! If you are looking for Bergen County Realtors, call local expert Sheldon Neal for all yo...
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By Jeana Cowie, Broker Associate, ABR, CRS, GRI, SRES
(RE/MAX Real Estate Limited)
Bogota real estate update & statistics for the last 12 months through October, 2010 Bogota real estate statistics as reported by the New Jersey Multiple Listing Service (NJMLS) Bogota homes for sale Average Median Sold Price for this period: $316,267 Statistics for Prop Type: Residential Properties in BOGOTA, NJ for 12 Months Back Average Units Sold per Month for this period: 3.5 Total Units Sold for this period: 42 Average Units UC per Month for this period: 5.1Total Units UC for this period:61 Average Sold DOM for this period: 102 Average UC DOM for this period: 111 Average Median Sold Price for this period: $316,267   JEANA COWIE ABR, GRI, SRES Broker Associate Office Phone: (201) 599-1100 Ext:348 Contact Phone: (201) 982-2200 jmcowie@optonline.net RE/MAX REAL ESTATE LIMITED         ...
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By Sheldon Neal, That British Agent Bergen County NJ
(Bergen County, NJ - RE/MAX Real Estate Limited)
BOGOTA HOMES SOLD MARKET REPORT - JULY 2010     Information supplied by the NJMLS, and deemed reliable, but not guaranteed.   If you would like to be emailed the full listing details on current homes for sale in Dumont, 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 Full Time Realtor® with RE/MAX, specializing in Homes For Sale in Central and Northern Bergen County, NJ. Sheldon is also a proud Bergen County resident ! If you are looking for Bergen County Realtors, call local expert Sheldon Neal for all your Bergen Count...
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By Fortunato Campesi, Bergen County Realtor, Bergen County Short Sale Sp
(Bergen Couny, NJ Remax Elite Assoc. - Short Sale Specialist)
I have recently sold another short sale in Bogota NJ.  The house was located at 111 Palisade Avenue in Bogota, NJ. The house was 4 bedrooms and 2 full bathrooms with a finished basement.      After pulling out equity in this home for renovations, this home was no longer worth what was owed on it.  It had a first mortgage of approximately $335,000 with Saxon Mortgage, who was servicing the loan for Deutsche Bank/Morgan Stanley. It also had a second mortgage of approximately $144,000 with Bank of America.  They are notoriously known for being the most difficult bank to deal with as far as short sales are concerned.  So the approximate total amount owed on this property was about $479,000.  My client came to me with his situation and we both agreed a short sale was the best option for him ...
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By Sheldon Neal, That British Agent Bergen County NJ
(Bergen County, NJ - RE/MAX Real Estate Limited)
February '09 Activity SNAPSHOT - Bogota, NJ   Homes Sold:    1    (February 2008 was only 1 Sold also !) Sold Price Range:   $250,000(February 2008 Range:  $390,000) List Price Range:   $280,000(February 2008 List Range:   $460,000) Styles:   1-Col(February 2008 Styles: 1-C/C)  ~ NOTE:: No Bank Owned (REO), or Short Sale homes sold in Bogota in February ~ Bogota sales are pretty steady, with low home sale totals that are traditionally slower. However, there was certainly a major house value reduction across the board - making the current list prices considerably lower - and subsequently more attractive for buyers looking to move to the town of Bogota.  As of today 3/19/09 at 9pm, there are 45 residential homes for sale in Bogota. Their prices range from $225,000 to $725,000, and the med...
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By Sheldon Neal, That British Agent Bergen County NJ
(Bergen County, NJ - RE/MAX Real Estate Limited)
January '09 Activity SNAPSHOT - Bogota, NJ   Homes Sold:    4    (January 2008 was only 3 Sold !) Sold Price Range:   $270,000  - $485,000(January 2008 Range:  $285,000 - $338,000) List Price Range:   $299,000 - $499,000(January 2008 List Range:   $329,000 - $390,000) Styles:   3 Colonial, 1x 2-Fam(January 2008 Styles: 2 Colonial, 1 Split Level)  ~ NOTE:: Of the homes sold this January, 1 was Bank Owned (REO), and 1 was a Short Sale ~ Bogota sales are pretty steady, with low home sale totals that are traditionally slower. However, there was certainly a major house value reduction across the board - making the current list prices considerably lower - and subsequently more attractive for buyers looking to move to the town of Bogota.  As of today 2/16/09 at 9pm, there are 42 residential ho...
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