Mahwah, NJ

Wow....has this been a week! I decided to crunch some numbers to see how the local Mahwah, NJ real estate market is fairing amongst all the recent history making developments on Wall Street to see how it effect our streets.

In the past three months --- according to the data gleened from the NJMLS --- single family homes have been selling. 18 homes have come under contract and another 35 homes have sold. The detail is below. Later, I will compare those numbers to three months prior but for now...things are moving...

Status

#

Average

Minimum

Maximum

Avg DOM

Active

:

97

$1,151,355

$374,900

$3,397,000

125

Under Contract

:

18

$690,079

$99,500

$1,599,000

143

Sold

:

35

$867,591

$29,500

$2,100,000

76

Total Listings

:

150

Sold properties closed averaging (94.93%) of their final list price (FLP). This reflects a (5.07%) difference between property sale prices and their *FLP's.

For those of you new to the area OR if you are just trying to find something new to try... I have compiled a list of area restaurants. Now I know that this list is by no means a complete and unabridged list of area eateries. Each location is a family or office favorite ( not just some name on a list ) and I have to be honest, we frequent each and every one of them!

www.AppleRidgeCountryClub.com - Mahwah, NJ - More than a golf course offers great catering and events.

www.njdiningguide.com/cafelamore/ - Oakland, NJ - Italian fare low in fat

www.janiceabistro.com - Ho-Ho-Kus, NJ - Home-Style Cooking, Old-Fashioned Feel

www.HoHoKusINN.com - Tell Marcello we said ciao bella!

www.KevinsThyme.com - Ho-Ho-Kus, NJ - Another weekly lunch spot, this one is terrific! Caters, too.

Kinchleys Tavern-Ramey, NJ - http://www.insiderpages.com/b/3718184164 - A tavern that is close to all. Terrific food but very crowded.

La Gondola - Ramsey, NJ - Tell Mike that we said "ciao"...

www.MahwahBarandGrill.com - Mahwah, NJ - This is our families FAVORITE weekly stop! Tell CRAIG we sent you!

Mathew's Colonial Diner - Waldwick, NJ - Tell Spiro and Toni you read it on my blog!

www.Moes.com - Mahwah, NJ - FAB southwest Cuisine at Ridge Road, Mahwah.

www.SicilianSun.com - HoHoKus, NJ - Wow...this place is just great.

Tawara - Ramsey NJ - Terrific Japanese Food and Sushi

www.3Chicas.com - Authentic Mexican food in Wyckoff.

Nagoya - Mahwah, NJ - Another fine Japanese food restaurant featuring Sushi.

Stateline Diner - Mahwah, NJ - Another one of our favorites and a favorite or area high schoolers and Ramapo College Students , too.

I will add to this fabulous list from time-to-time to keep it up to date and fresh.

And, hopefully this will help our new friends and neighbors

who have moved into the Bergen County area. ;)

-------------------------

Thinking of buying or selling your home in Mahwah or Bergen County, New Jersey?

Let me help you. Know the sales value of your new home and your new neighborhood * based on actual market comps. Allow me to present a Comparative Market Analysis to you that is customized to your home, finances and your specific needs. This will give you detailed information about pricing and selling your home in the current market or BUYING your home in your new neighborhood.

For more information about buying or selling your largest financial asset, contact me at CupaT@aol.com.

Copyright - Pamela Stetson 2008, http://www.pamelastetson.com/

Abbott & Caserta Realtors, 10 Sycamore Avenue, HOHOKUS, NJ 07423 201.447.6600 x 007

All information is deemed reliable but not guaranteed.

COME OUT AND SUPPORT THE MAHWAH GIRLS SOCCER PROGRAM

THE MAHWAH GIRLS SOCCER TEAM IS HOLDING A FUNDRAISER

New Wave Cinemas Presents:

MOVIE NIGHT UNDER THE STARS

FUN FOR THE ENTIRE FAMILY

WHEN: SATURDAY, JUNE 14, 2008

MOVIE: ENCHANTED

WHERE: MAHWAH HIGH SCHOOL FIELD

TICKET PRICE: $10.00/Doors open at 7:30

Show starts at dark/ Concession to be sold! Bring your own chair/blanket.

Contact New Wave Cinemas (201)788-2770

Pamela Stetson and Abbott & Caserta Realtors are proud sponsors of Movie Night Under the Stars.

Liguid Lightening Sports and Energy Drinks

---------------------------------------------------------------------------------------

*** Classic Disney animation meets contemporary urban chaos when a frightened princess is banished from her magical animated homeland to modern-day New York City in a romantic comedy penned by Bill Kelly (Blast from the Past), directed by Kevin Lima (Tarzan), and featuring music by composer Alan Menken ***

Mahwah has seen quite a bit of activity in the past 6 months. See the statistics below as garnered from the NJMLS. I tried to capture as much data as possible in order to get the right picture of the activity. Over 38 homes have sold in the past 6 months in Mahwah.

Status

#

Average

Minimum

Maximum

Avg DOM

Active

:

89

$1,182,376

$492,934

$2,999,999

115

Under Contract

:

23

$1,047,543

$599,900

$2,199,000

88

Sold

:

38

$1,176,916

$505,000

$8,875,000

98

Total Listings

:

150

Sold properties closed averaging (90.82%) of their final list price (FLP). This reflects a (9.18%) difference between property sale prices and their *FLP's.

-------------------------------------------------

Thinking of buying or selling your home in BERGEN COUNTY, New Jersey?

Let me help you. Know the sales value of your new home and your new neighborhood * based on actual market comps. Allow me to present a Comparative Market Analysis to you that is customized to your home, finances and your specific needs. This will give you detailed information about pricing and selling your home in the current market or BUYING your home in your new neighborhood.

For more information about buying or selling your largest financial asset, contact me at CupaT@aol.com.

Copyright - Pamela Stetson 2008, http://www.pamelastetson.com/

All information is deemed reliable but not guaranteed.