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Real Estate
Record-Breaking $2.45M Sale Closes In Bergen County Luxury Community After 7 Days On Market Record-Breaking $2.45M Sale Closes In Bergen County Luxury Community After 7 Days On Market
Record-Breaking $2.45M Sale Closes In Bergen County Luxury Community After 7 Days On Market A record-breaking real estate sale in Bergen County has set a new benchmark in one luxury community. Saddle River Grand, home to 68 exclusive townhomes, saw a pristine, newly renovated end unit at 140 Cortland Dr. close on Friday, Dec. 6, for $2.45 million—surpassing the previous high of $2.299 million set in December 2022. The average Saddle River home value is $2,069,484, up 7.9% over the past year, as of Tuesday, Dec. 17, according to Zillow. The property was listed at $2.299 million with Diane Cookson of COMPASS and spent just seven days on the market, with multiple offers driving…

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by Cecilia Levine
Real Estate
Why This NJ Cape Is Realtor's Hottest Property Why This NJ Cape Is Realtor's Hottest Property
Why This NJ Cape Is Realtor's Hottest Property Elizabeth Morris is having no trouble at all selling the property at 11 Mayfair Dr. At approximately 1,100-square-feet with three bedrooms and two bathrooms, the West Orange Cape Cod house is, well, ordinary. But it's updated. It's in a quiet neighborhood with good school systems.  Oh, and it's affordable. "It's a sad function of our market right now," said Morris, of Prominent Properties Sotheby's International Realty, speaking to the high price point of residential real estate. "There's no inventory and virtually none under $500,000 for a single-family home." According to Roc…

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by Cecilia Levine