Secaucus
REAL ESTATE
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.
Lower East Side rental opens lottery for 196 affordable apartments, from $454/month
Rendering courtesy of NYC Department of Housing Preservation and Development. A housing lottery launched this week for 196 affordable apartments in a new rental building on the Lower East Side. Located at 165 Broome Street, the 15-story building offers tenants new residences in one of New York City’s trendiest neighborhoods. New Yorkers earning 30, 50, 70, and 80 percent of the area median income, or between $18,480 for a single person and $154,080 for a household of seven, can apply for the units, which range from $454/month studios to $2,949/month for a three bedroom.
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…
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...
Affordable Housing Lottery Launched in New York City; Multiple Apartments Up for Lease under NYC Housing Connect
A new residential building in Bedford-Stuyvesant, Brooklyn, offers affordable housing options through a lottery system. The structure, consisting of 33 residences, was designed by Adam R. Taddonio and developed by Isaac Broyn under the 952 Bedford LLC. There are ten units available on NYC Housing Connect for residents with incomes...
Manhattan is now a 'buyer's market' as real estate prices fall and inventory rises
Manhattan home price declines are a result of rising inventory of apartments for sale, which are also taking longer to sell. The gap between buyer and seller expectations is narrowing, and more deals are closing. High rents in Manhattan are also helping sales as many potential buyers who were waiting...
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.
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...
Family office looking to sell 121,000 sq. ft. Hudson County industrial portfolio, CBRE says
A family office is seeking a buyer for a series of commercial properties in New Jersey, including two industrial buildings and a vacant lot in Hudson County. According to CBRE, which is marketing the sites, the facilities at 401 Supor Blvd. and 12 Breiderhoft Road in Kearny span a combined 120,836 square feet. They’re part of a listing that also includes a five-acre unencumbered lot at 201 Devon Terrace that the firm says is ready for immediate occupancy, as well as a freestanding, 3,367-square-foot fast-food restaurant and drive-through at 751-757 Harrison Ave. in neighboring Harrison.
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...
Cadman Towers Is First Mitchell-Lama Co-op to Convert to an HDFC
It's official. Under a strategy known as Article 2 to Article 11, the 421-unit Cadman Towers co-op in Brooklyn Heights has become the first in New York City to exit the affordable Mitchell-Lama program and convert to a Housing Development Fund Corporation (HDFC) co-op. The complex and controversial deal is...
Bergen County Home Sells For $100K Over Asking Price (PHOTOS)
The sale of a home at $100,000 over asking price in one popular Bergen County commuter town is both a strong indication of how fast the market can shift, and a testament to how hot the market in the area is.The 2,064-square-foot cape at 10-09 Campbell Road in Fair Lawn, represented by Tiffany Leape…
Silverstein takes control over Brooklyn Tower in $672M deal
The real estate drama surrounding the Brooklyn Tower may be over. As first reported by Pincus Co, Silverstein Properties has taken over the tower’s rental, retail, and unsold condo units from JDS Development in a $672 million deal. Silverstein had provided a $240 million loan for the tower, which JDS defaulted on in 2019, leading to a foreclosure auction scheduled for June 1. The auction was delayed and eventually avoided after Michael Stern of JDS transferred a preferred equity piece in the tower to Silverstein in order to restructure his debt, according to The Real Deal.
Bronx PACT Modernization Project Secures $275M in Financing
The New York City Housing Authority (NYCHA) has secured $275 million in financing for Sack Wern Houses, a PACT project in the Bronx. This funding will facilitate comprehensive renovations for 800 residents across seven buildings, converting them to Project-Based Section 8. The PACT partners, Douglaston Development, Asland Capital Partners, and...
14,200 Affordable Housing Units Built in 2023: NYC Sees Largest Increase in Decades, Focusing on Underserved Communities!
Affordable Housing Surge in NYC Benefits Lower-Income Black and Latino Communities Calls for Accountability and Policy Reform Amid District Disparities in Housing Production According to THE LATIN TIMES, in a significant development for New York City‘s housing landscape the construction of affordable housing saw a notable increase last year marking the highest levels in decades. […]
NYC Real Estate Agents Make $104K Per Year: See What They Make in 43 Other Major Cities
If you've ever watched "Selling Sunset" or "Million Dollar Listing," you've likely been floored by the sky-high commissions the featured real estate agents can take home. But this is certainly not the...
Luxury NYC Condo Spotlight: 5 Beekman Street Unit 44A – Now Available
In the heart of New York City’s vibrant Financial District, the condo at 5 Beekman Street Unit 44A epitomizes the pinnacle of urban living and luxury. This 2-bedroom, 2.5-bathroom high-rise corner unit, priced at $15,000 per month, offers an extraordinary blend of comfort, style, and high-end amenities, wrapped in breathtaking panoramic views of the city’s iconic skyline, historic bridges, and sprawling rivers.
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.
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