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Hackensack, NJ Real Estate News

By Sheldon Neal, That British Agent Bergen County NJ
(Bergen County, NJ - RE/MAX Real Estate Limited)
Hackensack Homes For Sale Summary | October  2012 Market Report       Information supplied by the NJMLS, and deemed reliable, but not guaranteed. This month saw 21 homes sold in Hackensack compared with 22 sold in September, and is up from 8 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 ...
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By Brian Morgenweck, Broker/Owner, GRI, CRS, ABR, SRS
(Power Realty Group, LLC Bergen County, NJ )
Hackensack NJ Condo Real Estate Review - September 2012 Market Report Here are the important stats in the condo & townhouse category. 11 Hackensack NJ Condos SOLD Median Sold Price = $225,000 11 Under Contract 20 New Listings 118 Currently Active Listings Average Listing Price = $203,084   Listing Status        Total        Total List/Sale Dollars  Average ListPrice Average SoldPrice Median SoldPrice Sale Price/List Price* Avg DOM Sold 11  $ 2,499,500  $ 261,200  $ 227,227  $ 225,000   86.993 164 Co-Broker 11  $ 2,499,500  $ 261,200  $ 227,227  $ 225,000   86.993 164 List/Sold 0  $ 0  $ 0  $ 0  $ 225,000     New 20  $ 4,314,177  $ 215,709         Under Contract 11  $ 2,157,900  $ 196,173       78 Withdrawn 9  $ 2,417,599  $ 268,622       159 Expired 11  $ 2,861,276  $ 260,116       269 ...
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By Brian Morgenweck, Broker/Owner, GRI, CRS, ABR, SRS
(Power Realty Group, LLC Bergen County, NJ )
Hackensack NJ Homes Real Estate Review - September 2012 Market Report Here are the important stats in the single-family category. 8 Hackensack NJ Homes SOLD Median Sold Price = $261,625 12 Under Contract 15 New Listings 59 Currently Active Listings Average Listing Price = $337,178   Listing Status        Total        Total List/Sale Dollars  Average ListPrice Average SoldPrice Median SoldPrice Sale Price/List Price* Avg DOM Sold 8  $ 2,141,290  $ 291,863  $ 267,661  $ 261,625   91.708 61 Co-Broker 6  $ 1,575,040  $ 281,000  $ 262,507  $ 255,000   93.419 70 List/Sold 2  $ 566,250  $ 324,450  $ 283,125  $ 283,125   87.263 35 New 15  $ 4,648,400  $ 309,893         Under Contract 12  $ 3,618,700  $ 301,558       115 Withdrawn 6  $ 2,341,900  $ 390,317       190 Expired 5  $ 1,287,500  $ 257...
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By Sheldon Neal, That British Agent Bergen County NJ
(Bergen County, NJ - RE/MAX Real Estate Limited)
Hackensack Homes For Sale Summary | September  2012 Market Report       Information supplied by the NJMLS, and deemed reliable, but not guaranteed. This month saw 22 homes sold in Hackensack compared with 32 sold in August, and is up from 12 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 thei...
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By Jeana Cowie, Broker Associate, ABR, CRS, GRI, SRES
(RE/MAX Real Estate Limited)
Hackensack real estate update New Hackensack condo listing for sale in desirable World Plaza condominium complex Beautiful 1 bedroom 1 bath Hackensack condo offered for $199,000 Desirable World Plaza condo in Hackensack, NJ 07601 - 2nd floor condo with a terrace! Offered for $199,000 World Plaza has a gorgeous lobby - Services include a 24 hour Doorman Beautiful New Gym!! & a Gorgeous Outdoor Swimming Pool with a lifeguard! Large living room Dining room Spacious Kitchen THIS IS A BEAUTIFUL 2ND FLOOR CONDO WITH A TERRACE IN THE HIGHLY DESIRABLE WORLD PLAZA. SPACIOUS FLOOR PLAN WITH A LARGE KITCHEN & LARGE MASTER BEDROOM 19'3 X 12'. CONVENIENTLY LOCATED NEAR THE LAUNDRY ROOM AND COUPLE DOORS DOWN FROM ELEVATOR. 1 OUTDOOR PARKING SPACE INCLUDED #46. WORLD PLAZA HAS A DOORMAN, A NEW GYM & A...
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By Brian Morgenweck, Broker/Owner, GRI, CRS, ABR, SRS
(Power Realty Group, LLC Bergen County, NJ )
Westbury Condo for Sale - Everything A Hackensack Condo Buyer Wants! BONUS to BUYER: Keep the furnishings AND the large, mounted flat screen with Bose home theater system!!! This is a rare opportunity at The Westbury, nestled in the beautiful Fairmount section of Hackensack, NJ. Featured is a 2-bedroom, 2-bath corner unit on the third floor (with full courtyard views).    Just 9 years young, The Westbury has everything on the "wish lists" of today's Bergen County condo buyers. It's a gated community in a tree-line, serene residential neighborhood, the Fairmount section.   The Westbury also has washers & dryers in the units, is pet-friendly (rare!), close to trains for a simple NYC commute, has indoor/outdoor parking included (with plenty of visitor parking, too!), gas cook tops, central...
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By Sheldon Neal, That British Agent Bergen County NJ
(Bergen County, NJ - RE/MAX Real Estate Limited)
Hackensack Homes For Sale Summary |August  2012 Market Report       Information supplied by the NJMLS, and deemed reliable, but not guaranteed. This month saw 32 homes sold in Hackensack compared with 23 sold in July, and is up from 18 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 ba...
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By Sheldon Neal, That British Agent Bergen County NJ
(Bergen County, NJ - RE/MAX Real Estate Limited)
Hackensack Homes For Sale Summary | July  2012 Market Report       Information supplied by the NJMLS, and deemed reliable, but not guaranteed. This month saw 23 homes sold in Hackensack compared with 24 sold in June, and is up from 18 sold in July last year. 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 !   Hackensack is the seat of Bergen County. From several vantage points in Hackensack, there are breathtaking views of the New York City skyline. Hackensack University Medical Center is a leader in New Jersey healthcare,attracting top medical personnel. Award winning schools, coupled with numerous commuter routes make Hackensack a great place t...
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By Sheldon Neal, That British Agent Bergen County NJ
(Bergen County, NJ - RE/MAX Real Estate Limited)
Hackensack Homes For Sale Summary | June  2012 Market Report       Information supplied by the NJMLS, and deemed reliable, but not guaranteed. This month saw 24 homes sold in Hackensack compared with 24 sold in May, and is up from 17 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 !   Hackensack is the seat of Bergen County. From several vantage points in Hackensack, there are breathtaking views of the New York City skyline. Hackensack University Medical Center is a leader in New Jersey healthcare,attracting top medical personnel. Award winning schools, coupled with numerous commuter routes make Hackensack a great pl...
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By Sheldon Neal, That British Agent Bergen County NJ
(Bergen County, NJ - RE/MAX Real Estate Limited)
Hackensack Homes For Sale Summary | May  2012 Market Report       Information supplied by the NJMLS, and deemed reliable, but not guaranteed. This month saw 24 homes sold in Hackensack compared with 21 sold in April, and is up from 21 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 !   Hackensack is the seat of Bergen County. From several vantage points in Hackensack, there are breathtaking views of the New York City skyline. Hackensack University Medical Center is a leader in New Jersey healthcare,attracting top medical personnel. Award winning schools, coupled with numerous commuter routes make Hackensack a great p...
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By Brian Morgenweck, Broker/Owner, GRI, CRS, ABR, SRS
(Power Realty Group, LLC Bergen County, NJ )
New York City Views From The Luxurious Camelot In Hackensack NJ While waiting on buyers & their home inspector on a recent Saturday morning at Camelot, I took a moment to capture the eastern views from the balcony of a  20th floor unit I'm selling. This particular condo has eastern exposures facing New York City. On a clear day, it's breathtaking. Here's a quick, impromptu video I shot... Enjoy! Imagine an early morning cup of coffee on the balcony with your favorite newspaper or checking emails on your iPad... Come evening, a glass of wine & a good book or entertain on the large, deep terrace with ample space for a table of friends to relax & take in the views. Camelot is located at 245 Prospect Avenue in Hackensack, NJ & is truly the jewel of Prospect Ave! Just recently, many renovati...
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By Sheldon Neal, That British Agent Bergen County NJ
(Bergen County, NJ - RE/MAX Real Estate Limited)
Hackensack Homes For Sale Summary | April  2012 Market Report       Information supplied by the NJMLS, and deemed reliable, but not guaranteed. This month saw 21 homes sold in Hackensack compared with 20 sold in March, and is up from 7 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 !   Hackensack is the seat of Bergen County. From several vantage points in Hackensack, there are breathtaking views of the New York City skyline. Hackensack University Medical Center is a leader in New Jersey healthcare,  attracting top medical personnel. Award winning schools, coupled with numerous commuter routes make Hackensack a gr...
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By Sheldon Neal, That British Agent Bergen County NJ
(Bergen County, NJ - RE/MAX Real Estate Limited)
Hackensack Homes For Sale Summary | March  2012 Market Report       Information supplied by the NJMLS, and deemed reliable, but not guaranteed. This month saw 20 homes sold in Hackensack compared with 21 sold in February, and is up from 7 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 !"   Hackensack is the seat of Bergen County. From several vantage points in Hackensack, there are breathtaking views of the New York City skyline. Hackensack University Medical Center is a leader in New Jersey healthcare,  attracting top medical personnel. Award winning schools, coupled with numerous commuter routes make Hackensack ...
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By Brian Morgenweck, Broker/Owner, GRI, CRS, ABR, SRS
(Power Realty Group, LLC Bergen County, NJ )
Hackensack NJ Real Estate Review - March 2012 Here are the important stats for March in the single-family category.   6 Hackensack NJ Homes SOLD Median Sold Price = $242,000 9 Under Contract 8 New Listings 55 Currently Active Listings Average Listing Price = $336,593   Spring is here & the market is heating up. Stay tuned to the Hackensack 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 6  $ 1,467,500  $ 294,817  $ 244,583  $ 242,000   82.961 115 Co-Broker 5  $ 1,307,500  $ 310,780  $ 261,500  $ 274,000   84.143 130 List/Sold 1  $ 160,000  $ 215,000  $ 160,000  $ 160...
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By Brian Morgenweck, Broker/Owner, GRI, CRS, ABR, SRS
(Power Realty Group, LLC Bergen County, NJ )
Hackensack NJ Condo Review - March 2012 Here are the important stats for March in the condo & townhouse category.   8 Hackensack NJ Condos SOLD Median Sold Price = $156,000 14 Under Contract 24 New Listings 128 Currently Active Listings   Spring is here & the market is heating up. It's certainly a welcomed change! Stay tuned to my Hackensack NJ Condo Reviews 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 8  $ 1,430,770  $ 199,636  $ 178,846  $ 156,000   89.586 129 Co-Broker 7  $ 1,188,500  $ 189,584  $ 169,786  $ 153,000   89.557 122 List/Sold 1  $ 242,270  $ 269,999  $ 242,270  $ 242,...
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By Brian Morgenweck, Broker/Owner, GRI, CRS, ABR, SRS
(Power Realty Group, LLC Bergen County, NJ )
Hackensack NJ Real Estate Review - January & February 2012 Here are the important stats so far in 2012 in the single family category. 9 Hackensack NJ Homes SOLD Median Sold Price = $310,000 14 Under Contract 28 New Listings 66 Currently Active Listings Average Listing Price = $348,158 I noticed something interesting while compiling this market review. The inventory level of Hackensack NJ Homes For Sale was down by 24%. (mid-February vs. the same time last year) Stay tuned to my Hackensack 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 9  $ 3,003,000  $ 416,189  $ 333,667  $ 310,000   80...
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By Brian Morgenweck, Broker/Owner, GRI, CRS, ABR, SRS
(Power Realty Group, LLC Bergen County, NJ )
Summit House 420 Passaic Street Hackensack NJ Condos Call Brian Morgenweck (201) 489-3020 for available units. Click to see all Hackensack NJ Condos for Sale   The 4 Most Important Things to Hackensack Condo Sellers *VIDEO* See all ... Apartments & Condos for Rent in Hackensack NJ Visit Hackensack Condos . com for similar info on all condos in Hackensack. If you're thinking about selling a condo, don't miss Jersey Condo Scene . com         Call today! I'm Brian Morgenweck, broker & owner of Power Realty Group in Hackensack NJ.                    (201) 489-3020             I'm here to help you reach                your real estate goals. Summit House 420 Passaic Street Hackensack NJ Condos
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By Brian Morgenweck, Broker/Owner, GRI, CRS, ABR, SRS
(Power Realty Group, LLC Bergen County, NJ )
Avalon 446 Passaic Street Hackensack NJ Condos Call Brian Morgenweck (201) 489-3020 for available units. Click to see all Hackensack NJ Condos for Sale The 4 Most Important Things to Hackensack Condo Sellers *VIDEO* See all ... Apartments & Condos for Rent in Hackensack NJ Visit Hackensack Condos . com for similar info on all condos in Hackensack. If you're thinking about selling a condo, don't miss Jersey Condo Scene . com         Call today! I'm Brian Morgenweck, broker & owner of Power Realty Group in Hackensack NJ.                    (201) 489-3020             I'm here to help you reach                your real estate goals. Avalon 446 Passaic Street Hackensack NJ Condos
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By Brian Morgenweck, Broker/Owner, GRI, CRS, ABR, SRS
(Power Realty Group, LLC Bergen County, NJ )
Ritz Plaza 344 Prospect Avenue Hackensack NJ Condos for Sale Call Brian Morgenweck (201) 489-3020 for available units. Click to see all Hackensack NJ Condos for Sale   The 4 Most Important Things to Hackensack Condo Sellers *VIDEO* See all ... Apartments & Condos for Rent in Hackensack NJ Visit Hackensack Condos . com for similar info on all condos in Hackensack. If you're thinking about selling a condo, don't miss Jersey Condo Scene . com         Call today! I'm Brian Morgenweck, broker & owner of Power Realty Group in Hackensack NJ.                    (201) 489-3020             I'm here to help you reach                your real estate goals. Ritz Plaza 344 Prospect Avenue Hackensack NJ Condos for Sale
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By Brian Morgenweck, Broker/Owner, GRI, CRS, ABR, SRS
(Power Realty Group, LLC Bergen County, NJ )
Stratford House 150 Overlook Avenue Hackensack NJ Condos for Sale Call Brian Morgenweck (201) 489-3020 for available units. Click to see all Hackensack NJ Condos for Sale The 4 Most Important Things to Hackensack Condo Sellers *VIDEO* See all ... Apartments & Condos for Rent in Hackensack NJ Visit Hackensack Condos . com for similar info on all condos in Hackensack. If you're thinking about selling a condo, don't miss Jersey Condo Scene . com         Call today! I'm Brian Morgenweck, broker & owner of Power Realty Group in Hackensack NJ.                    (201) 489-3020             I'm here to help you reach                your real estate goals. Stratford House 150 Overlook Avenue Hackensack NJ Condos for Sale
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Hackensack, NJ Real Estate Professionals