Chestnut Ridge
REAL ESTATE
This New Jersey mansion just sold for $16.7M — marking the Garden State’s priciest sale so far of 2024
In Alpine, New Jersey — an affluent New York City suburb — a gated four-story property has entered the ranks of the Garden State’s most expensive properties after selling for $16.7 million. The abode, which initially sought slightly under $20 million when it listed in March, closed this month for less — but for more than any other home has gotten in New Jersey so far this year, Mansion Global first reported. Although the state’s leader for 2024, the property’s sale hardly threatened the crown-holder for New Jersey’s all-time priciest pad: an almost 27,000-square-foot residence that netted $28.46 million in 2006. Fish falls...
Westchester home values in uncharted territory
WESTCHESTER COUNTY, N.Y. -- The median price of a single-family home in Westchester County, New York has topped $1 million for the first time. It's not just a big-dollar benchmark for real estate in New York City's northern suburbs. It's the new normal. "This is unprecedented, actually. Looking at us, this time last year we were in the 9s. And now we've definitely crossed way passed the $1 million mark," said Crystal Hawkins-Syska, with the Hudson Gateway Association of Realtors. "Demand right now is very, very high"According to Hawkins-Syska, a seven-figure median sales price is the result of a couple of factors, including...
Totowa Joins Legal Challenge Against New Jersey’s Affordable Housing Mandates
TOTOWA, NJ - The Mayor and Council of Totowa have decided to join a legal effort challenging New Jersey’s affordable housing rules. This initiative, led by the Borough of Montvale in Bergen County, aims to address the state-imposed requirements for municipal affordable housing. The resolution emphasizes that while affordable housing benefits all municipalities, the responsibility should be distributed fairly. Montvale is organizing the lawsuit and inviting other municipalities to join to make the legal challenge more effective and efficient.CLICK HERE TO SIGN UP FOR THE FREE TAPINTO.NET NEWSLETTER By participating, each municipality could benefit from favorable court decisions. The...
Foreclosure could put former White Plains Linen property back on the market
The chance a new owner could buy the abandoned former White Plains Linen property on Highland Avenue seems more likely as the current owner of the property continues to fail to respond to a foreclosure case in court. If a judge eventually orders a summary judgment in favor of the...
Pacific Palisades spec mansion trades for record $32M
A Pacific Palisades spec mansion was snapped up in a $32.3 million sale, marking the neighborhood’s priciest deal in more than a year. The trade of 538 Chautauqua Boulevard beats anything sold in the Palisades in 2023 and holds the record so far for 2024, Compass agent Jacqueline Chernov said.
Homes at or under $1 million in Passaic County
Prospective homebuyers considering the real estate market had a range of options in various neighborhoods throughout the region between July 15 and July 21. In this article, we outline recent property sales in Passaic County, all of which featured homes under $1,000,000. Here, we provide a breakdown of the top...
Multifamily milestones: The Jefferson hits lease-up, Starling see 75%
Two new multifamily options in active North Jersey communities are celebrating leasing milestones. Both are drawing tenants, to Bergen and Hudson counties, with amenity-rich lifestyles and accessible ...
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