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REAL ESTATE
See all homes sold in Linden, June 24 to June 30
The following is a listing of all home transfers in Linden reported from June 24 to June 30. There were 1 transactions posted during this time. During this period, the median sale for the area was a 1,056-square-foot home on West Munsell Avenue in Linden that sold for $520,000. 220...
For $1.4M, this full-floor Park Slope co-op comes with a private rooftop oasis
Asking $1,375,000, this two-bedroom co-op at 144 Park Place at the border between Park Slope and Prospect Heights is a sunny top-floor home with a fresh renovation, clean lines, and inspiring city views. But the full-floor walk-up (it’s on the sixth floor but only three flights up) shows its best advantage in summertime: Just upstairs, a full private roof deck offers space for dining, gardening, and entertaining in enviable Brooklyn style.
Pool Was Selling Point For Bergen County Home That Went For $159K Over Asking Price
A Bergen County home with a lemonade porch and a picture-perfect pool sold for nearly $160,000 over asking price.The home at 228 Miller Road in Mahwah was listed in early April at $669,000 by Tony Nabhan of Keller Williams City Views Realty.On Friday, June 28, it sold for $858,000.A spokesperson fo…
Million-Dollar Listing: $1M Montclair Mansion Has Private Balcony, Gardens With Gazebo
The Colonial home at 5 Franklin Pl. has 5 bedrooms, 5 bathrooms, and is "20 years young," reads the listing. Represented by Elizabeth Morris & Vikram Vasisht of The Liz + Vikram Team, the house introduces itself with a circular driveway, and has a main level with a double height foyer.
Home offering 'luxury Italian living' listed for $4.95 million in this Bergen County town
North Jersey is known for having luxury homes inspired by styles all over the world, so it seems fitting that one of the most luxurious Italian-style estates currently on the market is located right here in Bergen County. Boasting more than 15,000-square-feet on 2.5 acres along the Hackensack River, the...
Brick Underground’s best advice from New Yorkers who lived through real estate drama
No two buildings are the same in New York City, which makes navigating a sale or moving to a rental its own unique experience. Even so, there’s no need to make the mistakes of those who’ve gone before you. Here's Brick Underground's best advice, culled from our first-person...
Dursts look to sell major East Harlem dev site
The Dursts are looking to sell their large development site in East Harlem after the state hammered out a replacement for 421a. The Durst Organization put its property at 1800 Park Avenue up for sale, a spokesperson for the company confirmed to The Real Deal. It wasn’t clear what price the company is targeting, but with nearly 700,000 square feet of buildable floor area available, a deal could easily reach into nine figures.
See all homes sold in Hackensack, June 24 to June 30
The following is a listing of all home transfers in Hackensack reported from June 24 to June 30. There were 4 transactions posted during this time. During this period, the median sale for the area was a 1,076-square-foot home on Passaic Street in Hackensack that sold for $435,000. 9 Vreeland...
6,000-Square-Foot Luxury Home In Paramus Listed At $2.495M (Photos)
The house at 452 Oregon St. is on the market for $2.495 million with Tony Nabhan of Keller Williams City Views. Located on a quiet street on the east side of the borough, the home boasts 6 bedrooms, 5.5 bathrooms. The first floor is complete with a 2-story foyer leading...
See all homes sold in Essex County, June 24 to June 30
The following is a listing of all home transfers in Essex County reported from June 24 to June 30. There were 354 transactions posted during this time. During this period, the median sale for the area was a 1,531-square-foot home on Hawthorne Avenue in Glen Ridge that sold for $625,000.
For $7.9M, this sprawling four-bedroom Chelsea condo is a modern city mansion in a landmarked building
Photo credit: Anton Brookes at H5 Property for The Corcoran Group. On Manhattan’s west side, the landmarked Cass Gilbert building at 130 West 30th Street is a classic Chelsea address. Asking $7,850,000, this 21st-century condo spans 4,000 square feet, offering the kind of space you’d expect in a country mansion, surrounded by iconic New York City views. There’s an abundance of outdoor space in the form of two sweeping terraces, so you can even include your garden dreams in your modern city estate.
PEEK launches leasing at 99-unit second phase of Orange Crossing project
Summit Orange Crossing at 49 South Day St. in Orange — Courtesy: PEEK Properties. Leasing is underway at PEEK Properties’ newest multifamily project in Orange, a 99-unit midrise property just north of Interstate 280 and two blocks from NJ Transit rail service. The building, located at 49 South...
Stern gives up Brooklyn Tower to Silverstein
Michael Stern transferred his distressed Brooklyn Tower to lender Larry Silverstein. Stern’s JDS Development transferred 100 percent ownership in the supertall tower at 9 DeKalb Avenue to Silverstein Capital Partners in a transfer valued at $672 million, property records filed with the city Tuesday show. Representatives for Stern and...
NYC Real Estate Trends: Buyer's Market Emerges Amid Price Dip
As the New York City real estate market experiences a notable drop in prices and a rise in inventory, a buyer's market is taking shape, potentially prefiguring a nationwide trend. Mike Needler, CEO of Century 21, sheds light on the situation, suggesting that while small shifts are being observed across the country, the current state in New York could be an indicator of broader changes to come. With about 1.6 million new homes expected on the market and mortgage rates hovering above 7%, the affordability equation for potential buyers is complex. High rates challenge the market, yet offer improved buying power as they retreat from their peaks. The median home price has reached a record high, complicating entry for first-time buyers. Despite this, Needler highlights pockets of opportunity in various states and the role of AI in enhancing the real estate experience. With rent increases contributing to persistent inflation, the allure of home ownership remains, bolstered by the large generations entering their prime home-buying years. Needler's insights provide a nuanced view of the current real estate landscape, balancing the tension between rising rates and the benefits of increased inventory and lower prices.
Journal Square Resurgence Continues as Developers, Jersey City Officials Break Ground on Ambitous New Project
JERSEY CITY, NJ - With the backdrop of numerous pieces of earth moving equipment and the looming towers near the Journal Square transportation hub, Nasser Freres, along with numerous city and other officials, broke ground on a 28-story tower comprising 622 rental homes, as well as commercial and retail space last week. The new mixed-use development in Jersey City marks the beginning of a $300+ million project set to deliver in-demand residential, commercial, and retail space to the heart of the historic and well-connected Journal Square neighborhood.CLICK HERE TO SIGN UP FOR THE FREE TAPINTO.NET NEWSLETTER Rising at...
Manhattan co-op and condo deals increase for the first time in two years
Borrowers had a stronger presence in Manhattan’s second quarter sales market. For the first time in two years, the number of Manhattan co-op and condo buyers using financing increased at a greater rate than all-cash buyers, according to the latest edition of the Elliman Report for Manhattan co-ops and condos.
Select cities see rise in apartment space
The average size of a new apartment has increased by 27 sq feet from the previous year, according to data from RentCafe. Yahoo Finance Reporter Dani Romero to break down which cities are seeing an increase in available apartments with larger spaces and why. For more expert insight and the...
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