A revival in Bergen County : After seeing its growth stagnate in the 1980s and 1990s, Glen Rock has been steadily gaining population in the 21st century. In a few years, it could near its peak population of 13,000, set in 1970
The 19 hottest real estate markets in N.J. are surging
Updated May 31, 2017
Posted May 31, 2017
Stephen Stirling | NJ Advance Media for NJ.com
Time to separate the wheat from the chaff.
New Jersey’s real estate market has been fairly fractured since the Great Recession ended in 2009. A slow recovery has meant many are still waiting for their property values to recover, but that’s certainly not true across the board.
A handful of towns are seeing incredible demand and, combined with low inventories, prices have been skyrocketing in recent months.
The 19 towns below all, according to real estate tracking giant Zillow, have seen their median home values peak at the start of 2017. We used Zillow’s own Home Value Index for our analysis (methodology here) and excluded shore communities where there is a strong secondary home market.
Each of these towns stand a head and shoulders above New Jersey’s statewide price growth during the last year and some have seen home values soar to remarkable heights.
From the above nj.com …l link
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A common thread? Trains
The most easily identifiable trend among NJ’s hottest towns is clear — access to transit. Each of the towns are within minutes of an NJ Transit station, which despite the transit service’s recent woes, remains a tremendous draw for prospective home buyers.
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Developers in RIDGEWOOD are trying to crack the safe in RIDGEWOOD
With build sell cut and run tactics leaving behind Traffic,Garagezillas,
Water and service impacts to Homeowners.wake up property owners