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Copyright secured by Digiprove © 2013 Kevin Hill New Price! 2 Bedroom Condo, Located in a Great Spot for the New York City Commuter
Copyright secured by Digiprove © 2013 Kevin Hill How the River Vale Housing Market Fared in 2011
How Did River Vale Fare in 2011's Real Estate Market?
Despite all the doom and gloom you hear on the news, home values in River Vale actually went up from 2010. According to the New Jersey Multiple Listing Service, the average sales price of a River Vale house went up by 6% in 2011. The average single family home in River Vale sold for $594,812 in 2010 and in 2011, the figure was $632,431. The amount total sold house listings was down by 16% though in River Vale.
Bergen County as a whole, showed stabilization, with the average sale price of a single family home almost identical in 2011 as 2010 at approximately $560,000. Is it possible we have hit the bottom of the market and may even see a slight increase in 2012? Only time will tell, however just personally speaking, it appears that things have picked up since November. With towns like River Vale more affordable than ever, combined with record low interest rates, its a great time for buyers. Also, great for step up buyers. Those are buyers moving from condos to a house or from a starter type home to a larger, more updated home.
Single Family Home Sale Prices Actually Increased in 2011!
The same can’t be said for the condo market in River Vale. The condo market continues to be soft, with a 15% decline in the average sales price of a condo in River Vale. There isn’t a huge amount of condo complexes in River Vale, so the sample size is a lot smaller than the River Vale housing market. There were 13 condo sales in River Vale in 2011, up from the 11 sold in 2010.
River Vale's Condo Market Wasn't As Fortunate
River Vale continues to be a great place to live as has garnered recognition nationally. It was ranked in 2007 by Money Magazine as the #29th ‘Best Places to Live’ in the United States and named again in 2009 on the pretigious list at #60.
Need more information on River Vale and the local housing market? Fill out the form below!
Copyright secured by Digiprove © 2012 Kevin Hill New Price! Spacious 2 Bedroom/1.5 Bath Condo in Secaucus, NJ
Beautifully Maintained Condo Complex
Check Out My Video Tour on my YouTube Channel!
This 2 bedroom condo is located in the Green Valley complex. A development that is well maintained and features an inground pool with patio and chairs for catching some summer rays. There is also a community room available for parties or other get to togethers.
For commuting, the bus stop is literally a 2 minute walk from your front door! If you are driving, Routes 3, 17, 495, and the New Jersey Turnpike are all close by. Like to take the train? Secaucus Junction Train Station is a short drive away.
Don’t believe just how close you are from your living room to the New York City Direct Bus Stop? See for yourself!
Click here!
The NYC direct bus line is #124. Click here to see the NJ Transit bus schedule. Other bus lines that serve this stop by NJ Transit is #87, #122, #129 (weekend & holidays), and #190.
The condo offers everything you need. Terrace, garage parking, secure storage, cold central air conditioning, laundry in-unit, plenty of closet space for all your clothes, spacious bedrooms, and ground floor location. No arduous stairs to go up and down while bringing in your groceries.
List Price: $299,899
MLS #1123053
Need more information and/or want to schedule a showing?
Contact:
Kevin Hill
Sales Associate
Friedberg Properties-River Vale
201-214-1349 Cell
201-666-0777 Office
KevinHillRealEstate@gmail.com
Kevin Hill, Sales Associate 201-214-1349