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Whether They Want to Rent or Buy a Home, Millennials Are Basically Out of Luck

realestate_forsale_theridgewoodblog

By Jordan Weissmann

It’s hard out there for a millennial navigating the housing market.

If you’re an American man or woman under the age of 35, there’s a historically large chance that you’re living with your parents. And if not, you’re very likely to be renting, and paying too much for the privilege. Only 34.8 percent of young adult households actually own their home, the smallest fraction since at least 1994, and among those who are forking over cash to a landlord, nearly half are considered “rent burdened”—meaning housing eats up around a third or more of their income.

And what about those who’d at least like to buy? Well, there’s a pretty good probability they’re getting boxed out of the market. On top of the challenges posed by tough post-crash mortgage standards, Bloomberg reports Thursday that prices for typical starter homes have been on a tear due to a lack of supply, and are now actually above their past bubbly heights:

Prices for the least expensive previously owned homes—properties at 75 percent or less of the median—were up 10.7 percent in August from a year earlier and now represent the only one of four price tiers to surpass the peak reached during the housing bubble, according to a housing index from CoreLogic Inc. The August pace was 5.9 percent above its pre-recession high in October 2006.

Why are cheap houses getting so expensive? Because nobody’s building them, for starters. In the years immediately following the recession, there was a sense among many urban planners and others in the real estate industry that developers would have to shelve their McMansion blueprints and start marketing smaller, more affordable new homes—possibly in slightly urban or at least walkable settings—in order to adjust to millennial tastes and finances. But that hasn’t really happened, even as more young adults have hit home-buying age. Instead, builders, convinced that all the market really craves is size, seem to have gone back to erecting large houses in far-out subdivisions. The median new home hit a record square footage in the first quarter of 2015, and shrank only slightly in the spring.

https://www.slate.com/blogs/moneybox/2015/10/22/young_adults_can_t_afford_to_rent_or_buy_a_home.html

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Ridgewood Open Houses for October 25th 2015

Rpidgewood Real-estste

$369,000 – 223 S Broad St, Ridgewood NJ

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$369,000 in Ridgewood
MLS # 1535038
223 S Broad St, Ridgewood, NJ 07450
3 Bedroom, 1 Full Bath, Col
William Bankos, Broker Owner
Gemma Kim, Sales Associate
Bergen Realty & Investments
Open House: 1:00 P.M. – 4:00 P.M. Sun. 10/25
13

$429,000 in Ridgewood
MLS # 1537588
624 Linwood Ave, Ridgewood, NJ 07450
3 Bedroom, 2 Full Bath, Col
Jane Certo, Broker Associate
Tarvin Realtors
Open House: 1:00 P.M. – 4:30 P.M. Sun. 10/25
25

$429,000 in Ridgewood
MLS # 1542625
208 Doremus Ave, Ridgewood, NJ 07450
3 Bedroom, 1 Full Bath,
1 Half Bath, Col
Pam Christian, Sales Associate
Keller Williams Village Square Realty
Open House: 1:00 P.M. – 4:00 P.M. Sun. 10/25
20

$499,900 in Ridgewood
MLS # 1540594
329 Northern Pkwy, Ridgewood, NJ 07450
3 Bedroom, 1 Full Bath, Ranch
Carolyn Strittmatter, Sales Associate
Weichert Realtors Ridgewood
Open House: 1:00 P.M. – 4:00 P.M. Sun. 10/25
14

$499,999 in Ridgewood
MLS # 1542255
244 Canterbury Pl, Ridgewood, NJ 07450
3 Bedroom, 2 Full Bath, Ranch
Pam Christian, Sales Associate
Keller Williams Village Square Realty
Open House: 1:00 P.M. – 4:00 P.M. Sun. 10/25
17

$515,000 in Ridgewood
MLS # 1523480
482 Northern Pkwy, Ridgewood, NJ 07450
3 Bedroom, 2 Full Bath, C/C
Joyce Albert, Sales Associate
Terrie O’Connor Realtors-Ridgewood
Open House: 1:00 P.M. – 4:00 P.M. Sun. 10/25
21

$575,000 in Ridgewood
MLS # 1534268
370 Kensington Dr, Ridgewood, NJ 07450
3 Bedroom, 1 Full Bath,
1 Half Bath, Col
Janet Golfo, Sales Associate
Coldwell Banker, Ridgewood
Open House: 1:00 P.M. – 4:00 P.M. Sun. 10/25
23

$599,000 in Ridgewood
MLS # 1530460
328 Marshall St, Ridgewood, NJ 07450
3 Bedroom, 1 Full Bath,
1 Half Bath, Col
Anne Marangi, Sales Associate
Terrie O’Connor Realtors-UpSdRv
Open House: 1:00 P.M. – 4:00 P.M. Sun. 10/25
24

$635,000 in Ridgewood
MLS # 1526055
986 Hillcrest Rd, Ridgewood, NJ 07450
3 Bedroom, 2 Full Bath,
1 Half Bath, Col
Jennifer M. Parsekian, Broker
Keller Williams Village Square Realty
Open House: 1:00 P.M. – 4:00 P.M. Sun. 10/25
25

$644,900 in Ridgewood
MLS # 1539299
277 Rock Rd, Ridgewood, NJ 07450
4 Bedroom, 2 Full Bath, C/C
Angela Ponticelli, Sales Associate
Coldwell Banker, Ridgewood
Open House: 1:00 P.M. – 4:00 P.M. Sun. 10/25
– See more at: https://www.njmls.com/NJ/BERGEN/RIDGEWOOD-open-houses#sthash.D1QAWIjf.yZ1H11Cy.dpuf

$649,000 in Ridgewood
MLS # 1535930
456 E Saddle River Rd, Ridgewood, NJ 07450
3 Bedroom, 2 Full Bath,
1 Half Bath, Ranch
Thomas Panso, Sales Associate
Keller Williams Valley Realty
Open House: 1:00 P.M. – 4:00 P.M. Sun. 10/25
25

$649,500 in Ridgewood
MLS # 1538028
286 S Maple Ave, Ridgewood, NJ 07450
4 Bedroom, 1 Full Bath,
1 Half Bath, Col
Joan Marie Monton, Broker Associate
Coldwell Banker, Ridgewood
Open House: 1:00 P.M. – 4:00 P.M. Sun. 10/25
25

$659,000 in Ridgewood
MLS # 1538540
484 Dorchester Rd, Ridgewood, NJ 07450
5 Bedroom, 2 Full Bath, Col
Laura Gill, Sales Associate
Coldwell Banker, Ridgewood
Open House: 1:00 P.M. – 4:00 P.M. Sun. 10/25
21

$659,000 in Ridgewood
MLS # 1540480
1102 E Ridgewood Ave, Ridgewood, NJ 07450
3 Bedroom, 2 Full Bath, Col
Laurie Catizone-Jordan, Sales Associate
Keller Williams Village Square Realty
Open House: 1:00 P.M. – 4:00 P.M. Sun. 10/25
24

$669,000 in Ridgewood
MLS # 1531491
376 Deerfield St, Ridgewood, NJ 07450
4 Bedroom, 2 Full Bath, Col
Roni Farfalla, Sales Associate
Coldwell Banker, Ridgewood
Open House: 1:00 P.M. – 4:00 P.M. Sun. 10/25
21

$674,900 in Ridgewood
MLS # 1537519
512 E Saddle River Rd, Ridgewood, NJ 07450
4 Bedroom, 3 Full Bath, S/L
William F. Gilsenan Jr, Broker
Gilsenan & Co.
Open House: 1:00 P.M. – 4:00 P.M. Sun. 10/25
23

$679,000 in Ridgewood
MLS # 1536279
353 Linwood Ave, Ridgewood, NJ 07450
5 Bedroom, 2 Full Bath,
1 Half Bath, Col
Keren Abraham, Broker Associate
Weichert Realtors Ridgewood
Open House: 1:00 P.M. – 4:00 P.M. Sun. 10/25
21

$725,000 in Ridgewood
MLS # 1538618
203 Emmett Pl, Ridgewood, NJ 07450
4 Bedroom, 2 Full Bath,
1 Half Bath, Col
Kathleen O’Connor, Sales Associate
Maureen Kuntz, Sales Associate
Coldwell Banker, Ridgewood
Open House: 1:00 P.M. – 4:00 P.M. Sun. 10/25
16

$739,900 in Ridgewood
MLS # 1540647
292 Spring Ave, Ridgewood, NJ 07450
3 Bedroom, 2 Full Bath,
1 Half Bath, Twnhs
Michelle Stojanovic, Sales Associate
Tarvin Realtors
Open House: 1:00 P.M. – 4:30 P.M. Sun. 10/25
25

$749,000 in Ridgewood
MLS # 1536927
676 Kingsbridge Ln, Ridgewood, NJ 07450
3 Bedroom, 3 Full Bath,
1 Half Bath, Ranch
Susy Shin, Sales Associate
Realty 7, LLC
Open House: 1:00 P.M. – 4:00 P.M. Sun. 10/25
– See more at: https://www.njmls.com/NJ/BERGEN/RIDGEWOOD-open-houses#sthash.D1QAWIjf.yZ1H11Cy.dpuf

$792,500 in Ridgewood
MLS # 1542277
619 Frederick St, Ridgewood, NJ 07450
4 Bedroom, 2 Full Bath,
1 Half Bath, Col
Angele Ekert, Sales Associate
Keller Williams Village Square Realty
Open House: 1:00 P.M. – 4:00 P.M. Sun. 10/25
18

$799,000 in Ridgewood
MLS # 1536158
492 Westbrook Rd, Ridgewood, NJ 07450
4 Bedroom, 3 Full Bath, Ranch
Peggy Jung, Sales Associate
Coldwell Banker, Ridgewood
Open House: 1:00 P.M. – 4:00 P.M. Sun. 10/25
25

$799,000 in Ridgewood
MLS # 1538412
524 E Saddle River Rd, Ridgewood, NJ 07450
4 Bedroom, 2 Full Bath,
1 Half Bath, Col
Paul Lagano, Sales Associate
Weichert Realtors Ridgewood
Open House: 1:00 P.M. – 4:00 P.M. Sun. 10/25
Open House: 1:00 P.M. – 4:00 P.M. Sun. 11/1
25

$825,000 in Ridgewood
MLS # 1537262
157 Woodland Ave, Ridgewood, NJ 07450
4 Bedroom, 2 Full Bath,
1 Half Bath, Col
Michelle Stojanovic, Sales Associate
Tarvin Realtors
Open House: 1:00 P.M. – 4:30 P.M. Sun. 10/25
24

$888,000 in Ridgewood
MLS # 1522388
729 Mary Ann Pl, Ridgewood, NJ 07450
5 Bedroom, 3 Full Bath, Col
Carolyn Strittmatter, Sales Associate
Weichert Realtors Ridgewood
Open House: 1:00 P.M. – 4:00 P.M. Sun. 10/25
25

$895,000 in Ridgewood
MLS # 1541234
71 Sherwood Rd, Ridgewood, NJ 07450
4 Bedroom, 4 Full Bath, Col
Mary Onie Holland, Sales Associate
Tarvin Realtors
Open House: 1:00 P.M. – 4:30 P.M. Sun. 10/25
25

$899,000 in Ridgewood
MLS # 1542508
408 Linwood Ave, Ridgewood, NJ 07450
4 Bedroom, 2 Full Bath,
3 Half Bath, Col
Marilyn Nuber, Sales Associate
Keller Williams Village Square Realty
Open House: 1:00 P.M. – 4:00 P.M. Sun. 10/25
24

$1,375,000 in Ridgewood
MLS # 1521212
51 N Hillside Pl, Ridgewood, NJ 07450
5 Bedroom, 4 Full Bath,
1 Half Bath, Col
Rose Hueneke, Broker Associate
Keller Williams Village Square Realty
Open House: 1:00 P.M. – 4:00 P.M. Sun. 10/25
25

$1,395,000 in Ridgewood
MLS # 1536607
5 Paul Ct, Ridgewood, NJ 07450
4 Bedroom, 3 Full Bath,
1 Half Bath, Col
Frances Ekblom, Sales Associate
Tarvin Realtors
Open House: 1:00 P.M. – 4:30 P.M. Sun. 10/25
25

$1,550,000 in Ridgewood
MLS # 1533078
371 Crest Rd, Ridgewood, NJ 07450
5 Bedroom, 3 Full Bath,
1 Half Bath, Col
Samira Cook, Sales Associate
Coldwell Banker, Ridgewood
Open House: 1:00 P.M. – 4:00 P.M. Sun. 10/25
– See more at: https://www.njmls.com/NJ/BERGEN/RIDGEWOOD-open-houses#sthash.D1QAWIjf.yZ1H11Cy.dpuf

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How Do Property Taxes Vary Across The Country?

property taxes

October 16, 2015
By Alan Cole

Property taxes vary substantially around the United States, both among states and even within states. Property taxes are levied at the state and local level, but they are also typically deductible on federal returns as an itemized deduction on Schedule A for taxpayers who elect to itemize their deductions.

As a result, the IRS has substantial data on property taxes around the country. The map below shows the average property tax deduction taken on the Schedule A, per tax return, for each county in the United States.

While this is not exactly equivalent to the average property tax collections at the state level (which are higher because some taxpayers don’t itemize) the map shows a pretty good, broad, apples-to-apples comparison of property taxes across the country.

Looking at the map, some obvious things stand out. For example, the border between Pennsylvania and New York stands out; this should come as no surprise to readers of ourState Business Tax Climate Index, which puts New York fourth overall in property tax collections per capita. The most heavily-shaded state is New Jersey, which has the highest property tax collections per capita. And lastly, even within states, property taxes can vary a great deal from county to county. For example, they vary a great deal within Illinois, as we pointed out in our latest study of taxes in the state.

While this is not exactly equivalent to the average property tax collections at the state level (which are higher because some taxpayers don’t itemize) the map shows a pretty good, broad, apples-to-apples comparison of property taxes across the country.

Looking at the map, some obvious things stand out. For example, the border between Pennsylvania and New York stands out; this should come as no surprise to readers of ourState Business Tax Climate Index, which puts New York fourth overall in property tax collections per capita. The most heavily-shaded state is New Jersey, which has the highest property tax collections per capita. And lastly, even within states, property taxes can vary a great deal from county to county. For example, they vary a great deal within Illinois, as we pointed out in our latest study of taxes in the state.

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Ridgewood Open Houses for October 18th 2015

Ridgewood Real-Estate

$1,998,000 in Ridgewood

$429,000 in Ridgewood
MLS # 1537588
624 Linwood Ave, Ridgewood, NJ 07450
3 Bedroom, 2 Full Bath, Col
Jane Certo, Broker Associate
Tarvin Realtors
Open House: 1:00 P.M. – 4:30 P.M. Sun. 10/18
25

$499,900 in Ridgewood
MLS # 1540594
329 Northern Pkwy, Ridgewood, NJ 07450
3 Bedroom, 1 Full Bath, Ranch
Carolyn Strittmatter, Sales Associate
Weichert Realtors Ridgewood
Open House: 1:00 P.M. – 4:00 P.M. Sun. 10/18
14

$515,000 in Ridgewood
MLS # 1523480
482 Northern Pkwy, Ridgewood, NJ 07450
3 Bedroom, 2 Full Bath, C/C
Joyce Albert, Sales Associate
Terrie O’Connor Realtors-Ridgewood
Open House: 12:00 P.M. – 4:00 P.M. Sun. 10/18
21

$574,999 in Ridgewood
MLS # 1534639
116 Lake Ave, Ridgewood, NJ 07450
5 Bedroom, 2 Full Bath, Col
Elizabeth Novak, Sales Associate
Weichert Realtors Ridgewood
Open House: 1:00 P.M. – 4:00 P.M. Sun. 10/18
19

$599,000 in Ridgewood
MLS # 1530460
328 Marshall St, Ridgewood, NJ 07450
3 Bedroom, 1 Full Bath,
1 Half Bath, Col
Anne Marangi, Sales Associate
Terrie O’Connor Realtors-UpSdRv
Open House: 1:00 P.M. – 4:00 P.M. Sun. 10/18
24

$644,900 in Ridgewood
MLS # 1539299
277 Rock Rd, Ridgewood, NJ 07450
4 Bedroom, 2 Full Bath, C/C
Angela Ponticelli, Sales Associate
Coldwell Banker, Ridgewood
Open House: 1:00 P.M. – 4:00 P.M. Sun. 10/18
23

$649,000 in Ridgewood
MLS # 1535930
456 E Saddle River Rd, Ridgewood, NJ 07450
3 Bedroom, 2 Full Bath,
1 Half Bath, Ranch
Thomas Panso, Sales Associate
Keller Williams Valley Realty
Open House: 1:00 P.M. – 4:00 P.M. Sun. 10/18
25

$649,500 in Ridgewood
MLS # 1538028
286 S Maple Ave, Ridgewood, NJ 07450
4 Bedroom, 1 Full Bath,
1 Half Bath, Col
Joan Marie Monton, Broker Associate
Coldwell Banker, Ridgewood
Open House: 1:00 P.M. – 4:00 P.M. Sun. 10/18
25

$659,000 in Ridgewood
MLS # 1540480
1102 E Ridgewood Ave, Ridgewood, NJ 07450
3 Bedroom, 2 Full Bath, Col
Laurie Catizone-Jordan, Sales Associate
Keller Williams Village Square Realty
Open House: 1:00 P.M. – 4:00 P.M. Sun. 10/18
– See more at: https://www.njmls.com/NJ/BERGEN/RIDGEWOOD-open-houses#sthash.D1QAWIjf.D4GYJGpZ.dpuf

$679,000 in Ridgewood
MLS # 1536279
353 Linwood Ave, Ridgewood, NJ 07450
5 Bedroom, 2 Full Bath,
1 Half Bath, Col
Keren Abraham, Broker Associate
Weichert Realtors Ridgewood
Open House: 1:00 P.M. – 4:00 P.M. Sun. 10/18
21

$694,900 in Ridgewood
MLS # 1537519
512 E Saddle River Rd, Ridgewood, NJ 07450
4 Bedroom, 3 Full Bath, S/L
William F. Gilsenan Jr, Broker
Gilsenan & Co.
Open House: 1:00 P.M. – 4:00 P.M. Sun. 10/18
23

$739,900 in Ridgewood
MLS # 1536283
300 Richards Rd, Ridgewood, NJ 07450
4 Bedroom, 2 Full Bath,
1 Half Bath, Col
Ghada Abbasi, Sales Associate
Coldwell Banker, Ridgewood
Open House: 1:00 P.M. – 4:00 P.M. Sun. 10/18
20

$749,000 in Ridgewood
MLS # 1541335
245 Bogert Ave, Ridgewood, NJ 07450
4 Bedroom, 2 Full Bath,
1 Half Bath, Col
Jennifer Brito, Sales Associate
Gilsenan & Co.
Open House: 1:00 P.M. – 4:00 P.M. Sun. 10/18
20

$759,000 in Ridgewood
MLS # 1533214
395 Hamilton Rd, Ridgewood, NJ 07450
4 Bedroom, 2 Full Bath, S/L
Oksoon Yang, Sales Associate
Weichert Realtors Ridgewood
Open House: 1:00 P.M. – 4:00 P.M. Sun. 10/18
23

$759,000 in Ridgewood
MLS # 1540647
292 Spring Ave, Ridgewood, NJ 07450
3 Bedroom, 2 Full Bath,
1 Half Bath, Twnhs
Michelle Stojanovic, Sales Associate
Tarvin Realtors
Open House: 1:00 P.M. – 4:30 P.M. Sun. 10/18
25

$779,000 in Ridgewood
MLS # 1528348
317 N Pleasant Ave, Ridgewood, NJ 07450
5 Bedroom, 3 Full Bath,
1 Half Bath, Col
Lori Lettieri, Sales Associate
Coldwell Banker, Ridgewood
Open House: 1:00 P.M. – 4:00 P.M. Sun. 10/18
25

$825,000 in Ridgewood
MLS # 1537262
157 Woodland Ave, Ridgewood, NJ 07450
4 Bedroom, 2 Full Bath,
1 Half Bath, Col
Michelle Stojanovic, Sales Associate
Tarvin Realtors
Open House: 1:00 P.M. – 4:30 P.M. Sun. 10/18
24

$825,000 in Ridgewood
MLS # 1541586
30 Circle Ave, Ridgewood, NJ 07450
4 Bedroom, 2 Full Bath,
1 Half Bath, Col
Michael E. Senchak, Sales Associate
RE/MAX Properties-Saddle River
Open House: 1:00 P.M. – 4:00 P.M. Sun. 10/18
20

$864,900 in Ridgewood
MLS # 1519728
107 Liberty St, Ridgewood, NJ 07450
4 Bedroom, 3 Full Bath, Contp
Jane Ferlanti, Broker Associate
Coldwell Banker, Ridgewood
Open House: 1:00 P.M. – 4:00 P.M. Sun. 10/18
– See more at: https://www.njmls.com/NJ/BERGEN/RIDGEWOOD-open-houses#sthash.D1QAWIjf.D4GYJGpZ.dpuf

$888,000 in Ridgewood
MLS # 1522388
729 Mary Ann Pl, Ridgewood, NJ 07450
5 Bedroom, 3 Full Bath, Col
Carolyn Strittmatter, Sales Associate
Weichert Realtors Ridgewood
Open House: 1:00 P.M. – 4:00 P.M. Sun. 10/18
25

$895,000 in Ridgewood
MLS # 1541234
71 Sherwood Rd, Ridgewood, NJ 07450
4 Bedroom, 4 Full Bath, Col
Mary Onie Holland, Sales Associate
Tarvin Realtors
Open House: 1:00 P.M. – 4:30 P.M. Sun. 10/18
25

$998,000 in Ridgewood
MLS # 1521030
21 Theyken Pl, Ridgewood, NJ 07450
6 Bedroom, 4 Full Bath, Col
Joseph M. Hurley, Sales Associate
Weichert Realtors Ridgewood
Open House: 1:00 P.M. – 4:00 P.M. Sun. 10/18
25

$1,000,000 in Ridgewood
MLS # 1532218
618 Morningside Rd, Ridgewood, NJ 07450
4 Bedroom, 2 Full Bath,
1 Half Bath, Col
Julia Gulden Dagistanli, Sales Associate
ERA/Justin Realty Co.
Open House: 1:00 P.M. – 4:00 P.M. Sun. 10/18
25

$1,075,000 in Ridgewood
MLS # 1524828
265 Phelps Rd, Ridgewood, NJ 07450
5 Bedroom, 3 Full Bath, Col
Jennifer M. Parsekian, Broker
Keller Williams Village Square Realty
Open House: 1:00 P.M. – 4:00 P.M. Sun. 10/18
25

$1,149,000 in Ridgewood
MLS # 1533724
421 Eastgate Rd, Ridgewood, NJ 07450
4 Bedroom, 3 Full Bath,
1 Half Bath, Col
William Yirce, Sales Associate
Realty Associates, Inc.
Open House: 1:00 P.M. – 4:00 P.M. Sun. 10/18
25

$1,375,000 in Ridgewood
MLS # 1521212
51 N Hillside Pl, Ridgewood, NJ 07450
5 Bedroom, 4 Full Bath,
1 Half Bath, Col
Rose Hueneke, Broker Associate
Keller Williams Village Square Realty
Open House: 1:00 P.M. – 4:00 P.M. Sun. 10/18
25

$1,449,000 in Ridgewood
MLS # 1536607
5 Paul Ct, Ridgewood, NJ 07450
4 Bedroom, 3 Full Bath,
1 Half Bath, Col
Frances Ekblom, Sales Associate
Tarvin Realtors
Open House: 1:00 P.M. – 4:30 P.M. Sun. 10/18
25

$1,499,000 in Ridgewood
MLS # 1537204
711 Upper Blvd, Ridgewood, NJ 07450
4 Bedroom, 3 Full Bath,
1 Half Bath, Col
Laura Gill, Sales Associate
Coldwell Banker, Ridgewood
Open House: 1:00 P.M. – 4:00 P.M. Sun. 10/18
6

$1,998,000 in Ridgewood
MLS # 1531819
312 Mckinley Pl, Ridgewood, NJ 07450
5 Bedroom, 5 Full Bath,
1 Half Bath, Col
Helen Martino, Sales Associate
Prominent Properties Sotheby’s International Realty-Saddle River
Open House: 12:00 P.M. – 3:00 P.M. Sun. 10/18

$5,950,000 in Ridgewood
MLS # 1528439
150 Brookside Ave, Ridgewood, NJ 07450
8 Bedroom, 8 Full Bath,
3 Half Bath, Col
Marilyn Nuber, Sales Associate
Keller Williams Village Square Realty
Open House: 1:00 P.M. – 4:00 P.M. Sat. 10/17
Open House: 1:00 P.M. – 4:00 P.M. Sun. 10/18

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N.J. a national leader in ‘zombie’ homes

060412_zombies_400

DEFINITION of ‘Zombie Title’

A right to ownership and possession of a home that remains with a person who believes he or she has lost the property as a result of foreclosure. A zombie title is a title to real property that happens when a lender initiates foreclosure proceedings by issuing a notice of foreclosure and then unexpectedly dismisses the foreclosure.

If the person is unaware of the foreclosure dismissal, he or she will be left holding a zombie title. A lender may decide to dismiss the foreclosure for a variety of reasons, including a surplus of inventory, if the costs associated with a foreclosure cannot justify its costs or if the lender does not want to take possession of the home.

Read more: Zombie Titles Definition | Investopedia https://www.investopedia.com/terms/z/zombie-titles.asp#ixzz3odZ8lnHw

The number of U.S. houses left vacant because of foreclosure fell 43 percent in the third quarter compared with the same period last year, yet New Jersey’s share of these so-called zombies keeps it at the top of a national list. Alan J. Heavens, Philadelphia Inquirer Read more

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Massive Ridgewood Estate Goes to Auction

Ridgewood Real estate
$5.95M Ridgewood, NJ Estate w/ Doggy Spa to Auction on October 24th
October 15,2015

Ridgewood, NJ  DeCaro Luxury Auctions has announced the absolute auction of 150 Brookside Avenue in Ridgewood, New Jersey on October 24, 2015. The eight-bedroom, eight-full and three-half bathroom American classic, shingle style estate features two acres of land and a guest apartment, all of which will be auctioned to the highest bidder without reserve on auction day.

“150 Brookside Avenue in Ridgewood, New Jersey offers homebuyers the beauty of a historic home with Victorian and Colonial influences. The entire estate was built with the precision of a condo building, yet exudes the space, privacy and family-friendly atmosphere of a home in an affluent suburban neighborhood,” said Daniel DeCaro, CEO and founder of DeCaro Luxury Auctions. “Owners of this Ridgewood home will have the best of both worlds – grounds that feel like a tranquil park, yet you’re only 30 minutes from Manhattan.

The 15,000-square-foot estate sits on two-acres of lush green lawns with native trees, flowering gardens and several entertaining areas including a playhouse with a microwave and a refrigerator as well as an entertaining cabin complete with electricity, an additional kitchen, a gas fireplace and heat.

Custom Bluestone rock retaining walls line the exterior of the property, which is recognized for its authentic copper gutters and a second – story wraparound veranda overlooking the grounds. All of this enclosed by a beautifully crafted wrought iron fence along the perimeter of the property and intricately – detailed wrought-iron entry gates hand – forged by a French craftsman.

Fine attention to detail carries throughout the home, which was built with a myriad of handcrafted accents by local artists. For example, the entrance of 150 Brookside Avenue features a vestibule with canvas walls that were hand-painted with a nature scene by artist Ornella Muth. Stained glass windows also adorn a variety of doors and windows carrying a unified nature theme throughout the estate. Throughout the home, hand-crafted windows also feature solid mahogany woodwork, copper flashing and antique brass pulley systems.

The master suite is complete with a fireplace, a private terrace and an oversized walk-in closet with built-in shoe racks and garment shelves, as well as a center island.  The home’s gourmet kitchen features Viking and Miele appliances, a six-burner stove and a breakfast bar with seating for four. A butler’s pantry with a wine refrigerator is also situated between the home’s kitchen and dining room.

Living areas in the home include a play room with a turret ceiling and built-in bench seating; an English walnut chapel with vaulted ceilings; a third-story library with antique cherry wood floors and 200-year-old English elm beams; and a study with a fireplace and mahogany walls featuring gold-leaf trim.

The estate’s basement is complete with a large room with a full kitchen and French doors that open to the lush backyard and serves as an indoor/outdoor entertaining area; a one-bedroom, one-bathroom guest apartment with a kitchenette; a screening room with theater-style seating for 12; and a fully equipped exercise room with a sauna.

Additional amenities include a hospital-grade air filtration system that purifies the home of allergens; radiant heating with a forced hot air system; a control room containing dashboards for the lighting, alarm, temperature, air and audio-visual systems within the home; an onsite well that maintains the property’s lawn; and an automatic snow- and ice-melting system in the driveway and in all the walkways.

Behind the property, a brook sits flush to the lawn, creating separation and privacy. A separate one-bedroom, one-bathroom guest apartment with a kitchenette also sits above a two-car garage, which is adjacent to the home’s attached three-car garage.

Located in the heart of Ridgewood, New Jersey, the estate is minutes from the shops, cafés and restaurants that make up downtown Ridgewood. Just 20 miles from Midtown Manhattan, New York City is also easily accessible from the home, which is one mile from the Ridgewood stop on New Jersey Transit. Ridgewood, known for its top-tier public and private schools, is located in Bergen County, one of the wealthiest counties in the United States according to the latest US Census Report.

150 Brookside Avenue is open for prospective buyers to view beginning on Saturday, October 3, 2015 and continuing every Saturday and Sunday from 1:00 p.m. to 4:00 p.m. until auction day. The last scheduled open house will be held the day before the auction on Friday, October 23, 2015 from 1:00 p.m. to 4:00 p.m. Additional private tours are also available by calling DeCaro Luxury Auctions at 1.800.332.3767.

The absolute auction of this private estate will be held onsite at 150 Brookside Avenue in Ridgewood, New Jersey on Saturday, October 24, 2015 at 11:00 a.m. Broker participation is invited.

For additional information on this auction, as well as other DeCaro auctions please, call1.800.332.3767 or visit www.DeCaroAuctions.com.

About DeCaro Luxury Auctions

Founded by Daniel DeCaro, a licensed real estate broker and luxury property auctioneer, DeCaro Luxury Auctions has been auctioning luxury properties of distinction for more than 35 years.  DeCaro has settled billions of dollars in luxury assets, executing flawless nationwide live auctions.  DeCaro is the foremost leader and innovator in the field of auctioning luxury estates. For more information call 1.800.332.3767.

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Reader says Its way cheaper and comfortable for a senior to stay in your moderate sized house with no mortgage vs. apartment or condo

12068522_10153713537379722_5302765389892099717_o

The number of days it takes to sell a single family home in northern NJ continues to decline.
source: NJMLS. Info deemed reliable but not guaranteed.

Its way cheaper and comfortable for a senior to stay in your moderate sized house with no mortgage vs. apartment or condo, just expenses of property taxes, (get the NJ senior freeze) usual monthly electric, gas, cable, insurance etc. bills, with expected seasonal maintenance lawn, snow removal. There could a major replacement costs if one needs a new roof after 20+ yrs,.or if property taxes get ridiculous.. As a senior, my preference is the privacy of my own home, would never like apartment living or even consider it. If things get to expensive, move south Jersey to retirement villages with new house.

When you get to the stage where one can’t manage on their own, age related or physical, either home care is preferable, or next step assisted livings runs average $5,000 month and up, they are a gimick, my mom was in one before needing a nursing home $12 -15,000 month. A 92 yr.old neighbor went to Cupola assisted living just last year, was $5,000 month. Hope I’m gone before my money gets pissed away to one of those places.

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Ridgewood Open Houses

Ridgewood Realestate

$999,999 – 151 West End Ave, Ridgewood NJ

Open Houses for Sun 9/6
$419,000 in Ridgewood
MLS # 1443545
1103 E Ridgewood Ave, Ridgewood, NJ 07450
3 Bedroom, 3 Full Bath, C/C
Jane L. McGuire, Sales Associate
Coldwell Banker, Wyckoff/Franklin Lakes
Open House: 1:00 P.M. – 3:00 P.M. Sun. 9/6
14

$599,000 in Ridgewood
MLS # 1534639
116 Lake Ave, Ridgewood, NJ 07450
5 Bedroom, 2 Full Bath, Col
Elizabeth Novak, Sales Associate
Weichert Realtors Ridgewood
Open House: 1:00 P.M. – 3:00 P.M. Sun. 9/6
19

$599,000 in Ridgewood
MLS # 1535261
470 E Saddle River Rd, Ridgewood, NJ 07450
5 Bedroom, 3 Full Bath,
1 Half Bath, S/L
Christopher Kaufman, Sales Associate
Keller Williams Village Square Realty
Open House: 2:00 P.M. – 5:00 P.M. Sun. 9/6
2

$629,000 in Ridgewood
MLS # 1530460
328 Marshall St, Ridgewood, NJ 07450
3 Bedroom, 1 Full Bath,
1 Half Bath, Col
Anne Marangi, Sales Associate
Terrie O’Connor Realtors/UpSdRv
Open House: 1:00 P.M. – 4:00 P.M. Sun. 9/6
24

$689,000 in Ridgewood
MLS # 1531491
376 Deerfield St, Ridgewood, NJ 07450
4 Bedroom, 2 Full Bath, Col
Roni Farfalla, Sales Associate
Coldwell Banker, Ridgewood
Open House: 1:00 P.M. – 4:00 P.M. Sun. 9/6
21

$799,900 in Ridgewood
MLS # 1533214
395 Hamilton Rd, Ridgewood, NJ 07450
4 Bedroom, 2 Full Bath, S/L
Oksoon Yang, Sales Associate
Weichert Realtors Ridgewood
Open House: 1:00 P.M. – 4:00 P.M. Sun. 9/6
Open House: 1:00 P.M. – 4:00 P.M. Sun. 9/13
23

Open Houses for Mon 9/7
$999,999 in Ridgewood
MLS # 1535647
151 West End Ave, Ridgewood, NJ 07450
5 Bedroom, 4 Full Bath,
1 Half Bath, Col
Melissa Shiel, Sales Associate
Keller Williams Village Square Realty
Open House: 1:00 P.M. – 4:00 P.M. Mon. 9/7
25

Open Houses for Sun 9/13
$739,000 in Ridgewood
MLS # 1535764
721 Upper Blvd, Ridgewood, NJ 07450
3 Bedroom, 2 Full Bath, Ranch
Donna Bello-Hansen, Sales Associate
Real Living Gateway Realtors-Ridgewood
Open House: 12:00 P.M. – 3:00 P.M. Sun. 9/13
1

$775,000 in Ridgewood
MLS # 1533158
436 Alpine Ter, Ridgewood, NJ 07450
3 Bedroom, 2 Full Bath,
1 Half Bath, Col
Patricia Davis, Sales Associate
Keller Williams Village Square Realty
Open House: 1:00 P.M. – 4:00 P.M. Sun. 9/13
25

$799,900 in Ridgewood
MLS # 1533214
395 Hamilton Rd, Ridgewood, NJ 07450
4 Bedroom, 2 Full Bath, S/L
Oksoon Yang, Sales Associate
Weichert Realtors Ridgewood
Open House: 1:00 P.M. – 4:00 P.M. Sun. 9/6
Open House: 1:00 P.M. – 4:00 P.M. Sun. 9/13
– See more at: https://www.njmls.com/NJ/BERGEN/RIDGEWOOD-open-houses#sthash.D1QAWIjf.qk9nOP8T.dpuf

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Ridgewood Open Houses August 30th

ridgewood real estste

$859,000 – 218 W Glen Ave, Ridgewood NJ

$595,000 in Ridgewood
MLS # 1534268
370 Kensington Dr, Ridgewood, NJ 07450
3 Bedroom, 1 Full Bath,
1 Half Bath, Col
Janet Golfo, Sales Associate
Coldwell Banker, Ridgewood
Open House: 1:00 P.M. – 4:00 P.M. Sun. 8/30
23

$629,000 in Ridgewood
MLS # 1530460
328 Marshall St, Ridgewood, NJ 07450
3 Bedroom, 1 Full Bath,
1 Half Bath, Col
Anne Marangi, Sales Associate
Terrie O’Connor Realtors/UpSdRv
Open House: 1:00 P.M. – 4:00 P.M. Sun. 8/30
24

$689,000 in Ridgewood
MLS # 1531491
376 Deerfield St, Ridgewood, NJ 07450
4 Bedroom, 2 Full Bath, Col
Roni Farfalla, Sales Associate
Coldwell Banker, Ridgewood
Open House: 1:00 P.M. – 4:00 P.M. Sun. 8/30
Open House: 1:00 P.M. – 4:00 P.M. Sun. 9/6
21

$690,000 in Ridgewood
MLS # 1513711
336 Abbey Ct, Ridgewood, NJ 07450
4 Bedroom, 2 Full Bath,
2 Half Bath, Col
Nancy M. Falk, Broker Associate
Marron Gildea Realty, Inc.
Open House: 1:00 P.M. – 4:00 P.M. Sun. 8/30
24

$759,000 in Ridgewood
MLS # 1534909
249 Lockwood Rd, Ridgewood, NJ 07450
4 Bedroom, 3 Full Bath, Col
Tisha Ramge, Broker Associate
Keller Williams Village Square Realty
Open House: 1:00 P.M. – 4:00 P.M. Sun. 8/30
22

$775,000 in Ridgewood
MLS # 1533158
436 Alpine Ter, Ridgewood, NJ 07450
3 Bedroom, 2 Full Bath,
1 Half Bath, Col
Patricia Davis, Sales Associate
Keller Williams Village Square Realty
Open House: 1:00 P.M. – 4:00 P.M. Sun. 8/30
25

$799,900 in Ridgewood
MLS # 1533214
395 Hamilton Rd, Ridgewood, NJ 07450
4 Bedroom, 2 Full Bath, S/L
Oksoon Yang, Sales Associate
Weichert Realtors Ridgewood
Open House: 1:00 P.M. – 4:00 P.M. Sun. 8/30
23

$859,000 in Ridgewood
MLS # 1522015
218 W Glen Ave, Ridgewood, NJ 07450
4 Bedroom, 3 Full Bath,
1 Half Bath, Col
Laura Gill, Sales Associate
Coldwell Banker, Ridgewood
Open House: 1:00 P.M. – 4:00 P.M. Sun. 8/30
18

$864,900 in Ridgewood
MLS # 1519728
107 Liberty St, Ridgewood, NJ 07450
4 Bedroom, 3 Full Bath, Contp
Jane Ferlanti, Broker Associate
Coldwell Banker, Ridgewood
Open House: 1:00 P.M. – 4:00 P.M. Sun. 8/30
20

$899,000 in Ridgewood
MLS # 1534812
334 Fairway Rd, Ridgewood, NJ 07450
4 Bedroom, 2 Full Bath,
2 Half Bath, Col
Laurie Catizone-Jordan, Sales Associate
Priscilla Reynolds, Sales Associate
Keller Williams Village Square Realty
Open House: 1:00 P.M. – 4:00 P.M. Sun. 8/30
– See more at: https://www.njmls.com/NJ/BERGEN/RIDGEWOOD-open-houses#sthash.D1QAWIjf.TT1aeioT.dpuf

$899,000 in Ridgewood
MLS # 1534937
154 Foster Ter, Ridgewood, NJ 07450
5 Bedroom, 2 Full Bath,
1 Half Bath, S/L
Michael Machinski, Sales Associate
Weichert Realtors Ridgewood
Open House: 1:00 P.M. – 5:00 P.M. Sun. 8/30
25

$950,000 in Ridgewood
MLS # 1522388
729 Mary Ann Pl, Ridgewood, NJ 07450
5 Bedroom, 3 Full Bath, Col
Carolyn Strittmatter, Sales Associate
Weichert Realtors Ridgewood
Open House: 1:00 P.M. – 4:00 P.M. Sun. 8/30
25

$1,049,000 in Ridgewood
MLS # 1532653
411 Wastena Ter, Ridgewood, NJ 07450
6 Bedroom, 3 Full Bath,
2 Half Bath, Col
Pam Christian, Sales Associate
Keller Williams Village Square Realty
Open House: 1:00 P.M. – 4:00 P.M. Sun. 8/30
24

$1,299,000 in Ridgewood
MLS # 1534100
318 S Van Dien Ave, Ridgewood, NJ 07450
4 Bedroom, 2 Full Bath,
1 Half Bath, Col
Mui Jean Tom, Sales Associate
Keller Williams Village Square Realty
Open House: 1:00 P.M. – 4:00 P.M. Sun. 8/30
25

$1,550,000 in Ridgewood
MLS # 1502074
711 Upper Blvd, Ridgewood, NJ 07450
4 Bedroom, 3 Full Bath,
1 Half Bath, Col
Laura Gill, Sales Associate
Coldwell Banker, Ridgewood
Open House: 1:00 P.M. – 4:00 P.M. Sun. 8/30
25

$1,595,000 in Ridgewood
MLS # 1533903
287 Gardner Rd, Ridgewood, NJ 07450
6 Bedroom, 4 Full Bath,
1 Half Bath, Col
Nena Colligan, Sales Associate
Keller Williams Village Square Realty
Open House: 1:00 P.M. – 4:00 P.M. Sun. 8/30
25

$1,699,900 in Ridgewood
MLS # 1534984
523 Upper Blvd, Ridgewood, NJ 07450
4 Bedroom, 4 Full Bath,
1 Half Bath, Col
Marcello Petruzzella, Sales Associate
Venture VR Realtors
Open House: 1:00 P.M. – 4:00 P.M. Sun. 8/30
– See more at: https://www.njmls.com/NJ/BERGEN/RIDGEWOOD-open-houses#sthash.D1QAWIjf.TT1aeioT.dpuf

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Home values in North Jersey, are still no higher than they were 11 years ago

for sale Ridgewood_Real_Estate_theRodgewopodblog

Region’s home prices rise 2.8%

AUGUST 25, 2015    LAST UPDATED: TUESDAY, AUGUST 25, 2015, 4:09 PM
BY KATHLEEN LYNN
STAFF WRITER |
THE RECORD

Home prices continue to edge up in the New York metropolitan area, rising 2.8 percent in June compared with a year earlier, the S&P/Case-Shiller index said Tuesday.

Nationally, prices were more buoyant, rising 4.5 percent over the year.

Despite the recent gains, home values in the region, which includes North Jersey, are still no higher than they were 11 years ago, in September 2004. They are still almost 17 percent below their mid-2006 peaks in the region. Nationally, home prices have returned to the levels of winter 2005 nationwide, and remain 12 percent to 14 percent below their peaks.

“Nationally, home prices continue to rise at a 4-5 percent annual rate, two to three times the rate of inflation,” said David M. Blitzer, chairman of the index committee at S&P Dow Jones Indices. He said that the Federal Reserve’s signals that it will raise interest rates this year could lead to higher mortgage rates, which will make buying a home more difficult.

“A quarter-point increase in the Fed funds rate won’t derail housing,” Blitzer said. “However, if the Fed were to quickly follow that initial move with one or two more rate increases, housing and home prices might suffer.”

https://www.northjersey.com/news/business/region-s-home-prices-rise-2-8-1.1398017

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Ridgewood Open Houses August 23rd 2015

1515527

$649,900 in Ridgewood

$509,000 in Ridgewood
MLS # 1529191
228 E Glen Ave, Ridgewood, NJ 07450
4 Bedroom, 2 Full Bath, C/C
Monis Young, Broker
Exclusive Properties Realty, LLC
Open House: 1:00 P.M. – 3:00 P.M. Sun. 8/23
22

$529,000 in Ridgewood
MLS # 1523480
482 Northern Pkwy, Ridgewood, NJ 07450
3 Bedroom, 2 Full Bath, C/C
Joyce Albert, Sales Associate
Terrie O’Connor Realtors/Ridgewood
Open House: 1:00 P.M. – 4:00 P.M. Sun. 8/23
21

$537,000 in Ridgewood
MLS # 1521335
647 Ellington Rd, Ridgewood, NJ 07450
4 Bedroom, 2 Full Bath, C/C
Christopher Kaufman, Sales Associate
Keller Williams Village Square Realty
Open House: 2:00 P.M. – 5:00 P.M. Sun. 8/23
15

$539,900 in Ridgewood
MLS # 1533857
220 California St, Ridgewood, NJ 07450
4 Bedroom, 2 Full Bath,
1 Half Bath, Col
Steven Graubard, Sales Associate
RE/MAX Properties Select
Open House: 1:00 P.M. – 3:00 P.M. Sun. 8/23
21

$599,900 in Ridgewood
MLS # 1529891
469 Cambridge Rd, Ridgewood, NJ 07450
4 Bedroom, 2 Full Bath,
1 Half Bath, C/C
David Quinones Jr., Sales Associate
Coldwell Banker Elmwood Park
Open House: 1:00 P.M. – 4:00 P.M. Sun. 8/23
10

$649,000 in Ridgewood
MLS # 1530460
328 Marshall St, Ridgewood, NJ 07450
3 Bedroom, 1 Full Bath,
1 Half Bath, Col
Anne Marangi, Sales Associate
Terrie O’Connor Realtors/UpSdRv
Open House: 1:00 P.M. – 4:00 P.M. Sun. 8/23
24

$649,900 in Ridgewood
MLS # 1515527
470 E Saddle River Rd, Ridgewood, NJ 07450
5 Bedroom, 3 Full Bath,
1 Half Bath, S/L
Christopher Kaufman, Sales Associate
Keller Williams Village Square Realty
Open House: 1:00 P.M. – 4:00 P.M. Sun. 8/23
24

$675,000 in Ridgewood
MLS # 1529143
328 Jefferson St, Ridgewood, NJ 07450
4 Bedroom, 3 Full Bath, B/L
Jennifer Brito, Sales Associate
Gilsenan & Co.
Open House: 1:00 P.M. – 4:00 P.M. Sun. 8/23
15

$690,000 in Ridgewood
MLS # 1513711
336 Abbey Ct, Ridgewood, NJ 07450
4 Bedroom, 2 Full Bath,
2 Half Bath, Col
Nancy M. Falk, Broker Associate
Marron Gildea Realty, Inc.
Open House: 1:00 P.M. – 4:00 P.M. Sun. 8/23
24

$695,000 in Ridgewood
MLS # 1528010
531 N Monroe St, Ridgewood, NJ 07450
4 Bedroom, 3 Full Bath,
1 Half Bath, Col
Rocio Hernandez, Sales Associate
Coldwell Banker, Ridgewood
Open House: 1:00 P.M. – 4:00 P.M. Sun. 8/23
– See more at: https://www.njmls.com/NJ/BERGEN/RIDGEWOOD-open-houses#sthash.D1QAWIjf.l2k4KnyE.dpuf

$699,000 in Ridgewood
MLS # 1529134
311 Downs St, Ridgewood, NJ 07450
4 Bedroom, 3 Full Bath, C/C
Joyce Albert, Sales Associate
Terrie O’Connor Realtors/Ridgewood
Open House: 1:00 P.M. – 4:00 P.M. Sun. 8/23
21

$799,900 in Ridgewood
MLS # 1533214
395 Hamilton Rd, Ridgewood, NJ 07450
4 Bedroom, 2 Full Bath, S/L
Oksoon Yang, Sales Associate
Weichert Realtors Ridgewood
Open House: 1:00 P.M. – 4:00 P.M. Sun. 8/23
Open House: 1:00 P.M. – 4:00 P.M. Sun. 8/30
23

$875,000 in Ridgewood
MLS # 1519728
107 Liberty St, Ridgewood, NJ 07450
4 Bedroom, 3 Full Bath, Contp
Jane Ferlanti, Broker Associate
Coldwell Banker, Ridgewood
Open House: 1:00 P.M. – 4:00 P.M. Sun. 8/23
20

$1,415,000 in Ridgewood
MLS # 1521212
51 N Hillside Pl, Ridgewood, NJ 07450
5 Bedroom, 4 Full Bath,
1 Half Bath, Col
Rose Hueneke, Broker Associate
Keller Williams Village Square Realty
Open House: 1:00 P.M. – 4:00 P.M. Sun. 8/23
25

$1,550,000 in Ridgewood
MLS # 1502074
711 Upper Blvd, Ridgewood, NJ 07450
4 Bedroom, 3 Full Bath,
1 Half Bath, Col
Laura Gill, Sales Associate
Coldwell Banker, Ridgewood
Open House: 1:00 P.M. – 4:00 P.M. Sun. 8/23
25

$1,595,000 in Ridgewood
MLS # 1533903
287 Gardner Rd, Ridgewood, NJ 07450
6 Bedroom, 4 Full Bath,
1 Half Bath, Col
Nena Colligan, Sales Associate
Keller Williams Village Square Realty
Open House: 1:00 P.M. – 4:00 P.M. Sun. 8/23
25

$1,999,999 in Ridgewood
MLS # 1530103
298 Greenway Rd, Ridgewood, NJ 07450
6 Bedroom, 5 Full Bath,
1 Half Bath, Col
Ellen Quinn, Sales Associate
Tarvin Realtors
Open House: 1:00 P.M. – 4:30 P.M. Sun. 8/23
25

$2,575,000 in Ridgewood
MLS # 1524194
296 Manor Rd, Ridgewood, NJ 07450
6 Bedroom, 7 Full Bath,
1 Half Bath, Col
Dennis Jaye, Broker Associate
RE/MAX Real Estate Limited
Open House: 1:00 P.M. – 4:00 P.M. Sun. 8/23
25

Open Houses for Sun 8/30
$799,900 in Ridgewood
MLS # 1533214
395 Hamilton Rd, Ridgewood, NJ 07450
4 Bedroom, 2 Full Bath, S/L
Oksoon Yang, Sales Associate
Weichert Realtors Ridgewood
Open House: 1:00 P.M. – 4:00 P.M. Sun. 8/23
Open House: 1:00 P.M. – 4:00 P.M. Sun. 8/30
23

– See more at: https://www.njmls.com/NJ/BERGEN/RIDGEWOOD-open-houses#sthash.D1QAWIjf.l2k4KnyE.dpuf

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N.J. has highest rate of distressed mortgages in nation, study shows

realestate_forsale_theridgewoodblog

file photo

A greater share of residential mortgages in New Jersey were distressed at the end of the second quarter of this year than any other state in the nation, new data shows. (Erin O’Neill, NJ.com) https://www.nj.com/business/index.ssf/2015/08/nj_distressed_mortgages.html#incart_river

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SELLING IN BERGEN COUNTY?

Michael Shetler,

Are you thinking about selling in Bergen County?

Michael Shetler, top agent with Keller Williams Ridgewood

Everyone knows someone in real estate today. But is that person the right person to represent you in a real estate transaction? Before you start the process of selling or buying, choose the right REALTOR®. But just how do you go about evaluating real estate agents? It can be summarized in four points – Resources, Service, Marketing Expertise and Ethics. Select me and I’ll guarantee to surpass your expectations in all four areas.

A well-equipped internet specialist.

This is the Information Age. But having information and using it well aren’t the same thing. I’ll be at your side with the latest market statistics, sales figures and developments to help expertly guide you through your transaction. As an internet specialist, I know where the information is and how to analyze it. In addition, Keller Williams provides me with internet tools and real estate services that aren’t available from other companies.

Attentive, responsive, diligent. (And patient.)

Most realtors come across as attentive and eager to serve you in the first meeting. Not all follow through that way to closing. I’ll be readily available to you during the week and on weekends. I will respond to your questions, phone calls, faxes and email in a timely manner. I’ll work as hard in the 3rd month as I will in the first week. But I’ll also be patient if it takes you awhile to find the right house or if your transaction takes longer than normal.

Sophisticated marketing strategies, powerful presentation.

A picture is worth ten thousand words. Which is why I place so much emphasis on taking great photos of your home. I’ll professionally shoot them, crop them, and adjust the color and brightness to make the first impression as powerful as can be. After all, over 80% of buyers start their search online. I even have my own proprietary virtual tour format. Your home will be presented by me with multiple photos on Realtor.com (as a featured listing), KW.com, NJMLS.com, BuyingInBergen.com and more than a hundred other sites. The photos will also be used in specially prepared flyers.

Integrity in real estate?

Look for integrity in both your Associate and her/his brokerage company. I bring small town, strong family ethics to the table. I also have a history of long term client relationships as a former small business owner.

For a consultation about selling your home, call me at 201.421.0506 cell or 201.445.4300 office.

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Ridgewood Open Houses August 16th ,2015

1532152

$1,999,000 – 302 Bedford Rd, Ridgewood NJ

$399,900 in Ridgewood
MLS # 1507656
140 Bellair Rd, Unit N, Ridgewood, NJ 07450
2 Bedroom, 2 Full Bath,
1 Half Bath, Condo
Donna Dever, Sales Associate
Coldwell Banker, Wyckoff/Franklin Lakes
Open House: 1:00 P.M. – 4:00 P.M. Sun. 8/16
25

$409,500 in Ridgewood
MLS # 1532934
171 Godwin Ave, Ridgewood, NJ 07450
2 Bedroom, 1 Full Bath, Ranch
Barbara Nudelman, Broker Associate
Coldwell Banker, Ridgewood
Open House: 1:00 P.M. – 4:00 P.M. Sun. 8/16
23

$425,000 in Ridgewood
MLS # 1443545
1103 E Ridgewood Ave, Ridgewood, NJ 07450
3 Bedroom, 3 Full Bath, C/C
Jane L. McGuire, Sales Associate
Coldwell Banker, Wyckoff/Franklin Lakes
Open House: 2:00 P.M. – 4:00 P.M. Sun. 8/16
14

$495,000 in Ridgewood
MLS # 1531132
461 Cherry Ln, Ridgewood, NJ 07450
4 Bedroom, 2 Full Bath,
1 Half Bath, S/L
Bruce Crocco, Sales Associate
Deborah Monroe Tarvin, Sales Associate
Tarvin Realtors
Open House: 1:00 P.M. – 4:30 P.M. Sun. 8/16
25

$509,000 in Ridgewood
MLS # 1529191
228 E Glen Ave, Ridgewood, NJ 07450
4 Bedroom, 2 Full Bath, C/C
Monis Young, Broker
Exclusive Properties Realty, LLC
Open House: 1:00 P.M. – 3:00 P.M. Sun. 8/16
22

$529,000 in Ridgewood
MLS # 1523480
482 Northern Pkwy, Ridgewood, NJ 07450
3 Bedroom, 2 Full Bath, C/C
Joyce Albert, Sales Associate
Terrie O’Connor Realtors/Ridgewood
Open House: 1:00 P.M. – 4:00 P.M. Sun. 8/16
21

$537,000 in Ridgewood
MLS # 1521335
647 Ellington Rd, Ridgewood, NJ 07450
4 Bedroom, 2 Full Bath, C/C
Christopher Kaufman, Sales Associate
Keller Williams Village Square Realty
Open House: 1:00 P.M. – 4:00 P.M. Sun. 8/16
15

$649,000 in Ridgewood
MLS # 1530460
328 Marshall St, Ridgewood, NJ 07450
3 Bedroom, 1 Full Bath,
1 Half Bath, Col
Anne Marangi, Sales Associate
Terrie O’Connor Realtors/UpSdRv
Open House: 1:00 P.M. – 4:00 P.M. Sun. 8/16
24

$675,000 in Ridgewood
MLS # 1526055
986 Hillcrest Rd, Ridgewood, NJ 07450
3 Bedroom, 2 Full Bath,
1 Half Bath, Col
Jennifer M. Parsekian, Broker
Keller Williams Village Square Realty
Open House: 1:00 P.M. – 4:00 P.M. Sun. 8/16
25

$689,000 in Ridgewood
MLS # 1531491
376 Deerfield St, Ridgewood, NJ 07450
4 Bedroom, 2 Full Bath, Col
Roni Farfalla, Sales Associate
Coldwell Banker, Ridgewood
Open House: 1:00 P.M. – 4:00 P.M. Sun. 8/16
– See more at: https://www.njmls.com/NJ/BERGEN/RIDGEWOOD-open-houses#sthash.D1QAWIjf.8xjX18Th.dpuf

$699,000 in Ridgewood
MLS # 1529134
311 Downs St, Ridgewood, NJ 07450
4 Bedroom, 3 Full Bath, C/C
Joyce Albert, Sales Associate
Terrie O’Connor Realtors/Ridgewood
Open House: 1:00 P.M. – 4:00 P.M. Sun. 8/16
21

$775,000 in Ridgewood
MLS # 1533158
436 Alpine Ter, Ridgewood, NJ 07450
3 Bedroom, 2 Full Bath,
1 Half Bath, Col
Patricia Davis, Sales Associate
Keller Williams Village Square Realty
Open House: 1:00 P.M. – 4:00 P.M. Sun. 8/16
20

$875,000 in Ridgewood
MLS # 1519728
107 Liberty St, Ridgewood, NJ 07450
4 Bedroom, 3 Full Bath, Contp
Jane Ferlanti, Broker Associate
Coldwell Banker, Ridgewood
Open House: 1:00 P.M. – 4:00 P.M. Sun. 8/16
20

$950,000 in Ridgewood
MLS # 1522388
729 Mary Ann Pl, Ridgewood, NJ 07450
5 Bedroom, 3 Full Bath, Col
Carolyn Strittmatter, Sales Associate
Weichert Realtors Ridgewood
Open House: 1:00 P.M. – 4:00 P.M. Sun. 8/16
25

$1,550,000 in Ridgewood
MLS # 1502074
711 Upper Blvd, Ridgewood, NJ 07450
4 Bedroom, 3 Full Bath,
1 Half Bath, Col
Laura Gill, Sales Associate
Coldwell Banker, Ridgewood
Open House: 1:00 P.M. – 4:00 P.M. Sun. 8/16
25

$1,999,000 in Ridgewood
MLS # 1532152
302 Bedford Rd, Ridgewood, NJ 07450
5 Bedroom, 3 Full Bath,
1 Half Bath, Col
Joanne Delaney, Sales Associate
Tarvin Realtors
Open House: 1:00 P.M. – 4:30 P.M. Sun. 8/16
20

Open Houses for Sun 8/23
$799,900 in Ridgewood
MLS # 1533214
395 Hamilton Rd, Ridgewood, NJ 07450
4 Bedroom, 2 Full Bath, S/L
Oksoon Yang, Sales Associate
Weichert Realtors Ridgewood
Open House: 1:00 P.M. – 4:00 P.M. Sun. 8/23
Open House: 1:00 P.M. – 4:00 P.M. Sun. 8/30

Open Houses for Sun 8/30
$799,900 in Ridgewood
MLS # 1533214
395 Hamilton Rd, Ridgewood, NJ 07450
4 Bedroom, 2 Full Bath, S/L
Oksoon Yang, Sales Associate
Weichert Realtors Ridgewood
Open House: 1:00 P.M. – 4:00 P.M. Sun. 8/23
Open House: 1:00 P.M. – 4:00 P.M. Sun. 8/30
– See more at: https://www.njmls.com/NJ/BERGEN/RIDGEWOOD-open-houses#sthash.D1QAWIjf.8xjX18Th.dpuf

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Village of Ridgewood Schedler Property Resolutions

Zabriskie-Schedler_Property_theridgewoodblog

Schedler Property Resolutions for August 12 Village Council Public Meeting

Wednesday, August 12th the Village Council will discuss the use of the Schedler property. They will review and vote on the following resolutions:

Click Here for Schedler Property Resolution including House

Click Here for Resolution to apply fpr Schedler House Grant

A Map of the project is being prepared and will be posted here when it is complete.