West Orange
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.
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.
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…
Eight Homes Proposed for Former Mega Mansion ‘Lloyd Estate’
There was a previous plan to build a 60,000 square foot mega mansion in Montclair that would be bigger than the White House. Now, a new plan for the 5.48 acre site situated on Undercliff and Lloyd Roads along Eagle Rock Reservation proposes something different – eight new homes.
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...
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...
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.
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...
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...
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...
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…
14,200 Affordable Housing Units Built in 2023: NYC Achieves Decades-High Increase, Prioritizing Underserved Communities!
In a significant development for New York City’s housing landscape, the construction of affordable housing has reached unprecedented levels. According to The Latin Times, more than 14,200 new affordable housing units were completed in 2023, marking the highest levels in decades. This surge, reported by the New York Housing Conference, primarily benefited lower-income Black and Latino neighborhoods, addressing the critical issue of housing affordability in the city. Districts such as Brooklyn’s District 30 and Queens’ District 21 led in housing production, focusing on communities with significant Black and Latino populations.
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.
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.
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...
See all homes sold in Morris County, June 24 to June 30
The following is a listing of all home transfers in Morris County reported from June 24 to June 30. There were 159 transactions posted during this time. During this period, the median sale for the area was a 2,577-square-foot home on River Road in Montville that sold for $675,000. Budd...
Nasser Freres Breaks Ground on New Mixed-Use Property in Jersey City’s Booming Journal Square
Nasser Freres has broken ground on a new mixed-use development in Jersey City, marking 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. Rising at 25 Cottage Street just steps from the...
What is Billionaires’ Row in New York City?
NEW YORK (PIX11) – Ever wonder what those big towers are at the edge of Central Park? That’s called Billionaires’ Row. Billionaires’ Row refers to luxury rental towers near Central Park and 57th Street, according to real estate brokerage Serhant. Current listings on Zillow show that Billionaires’ Row properties can go for as much as […]
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...
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