Saddle River real estate, 2.4 acre lot in prime Chestnut Ridge area, with either a 7400 sq ft of a 11,000 sq. ft. new home or choose your own plan. This site is flat and dry and ready to go. Offered at $4,999,900

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Saddle River Real Estate New HomesRichard
Franklin Lakes new manor home, over 12,000 square feet of living space. Custom hand made kitchen and vanities, detailed trim, home theater, stand out finishes. Brick and pre-cast exterior, with exquisite detail. An amazing home offered at $3,850,000.
Richard
Rivervale new home under contract, built and marketed by Richard Stabile. This new home features beautiful views of the Rockland Mountains and Lake Tappan in the winter. A 5 bedroom 4.5 bath home, featuring many custom cabinets made and finished in the house. A spectaular two story foyer and great room with custom designed coffer ceilings. The will be more new homes at Colonial Estates in River Vale.
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Richard
This is truly the best of them all. Upper Saddle River Home for sale. It is 5 years young and about 11,000 sq ft of living space. Priced at $3,499,900, there is little to compare to this builders own home. A masterpiece of art and design. Attention to every detail is an understatement.
Interior design and finish at levels far behind every expectation!
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REMAX Real Estate Associates-Richard Stabile- Realtor-Builder-Developer
201 573 8811 ext 331 Northern New Jersey's Number 1 new home seller !
Buying or Selling in today's challenging markets, go with the experience and knowledge. Talk to me, you will know your making the right choice. 30 years - over 1000 sales!
copyright 2008-2009 bergencountynewhomes.com, all rights reserved
Upper Saddle River homes sales have lagged the market. The boom years created a large inventory of new high priced homes. These homes are dropping in price and pushing down on the inventory below them. This leave little distinction in home prices between a 4500 sq ft to a 8000 sq ft new home.
I have written about this phenomena before. It is when homes are provide far above the neighborhood normalized ceiling price for a community. The normal market purchasers become lock out of the market and the market doesn't attract enough buyers at these expanded size and scope of development.
Markets have their mix and it can expand and contract, but it can not over run itself. Builders tryed to create their our market. This is fool hearty and not a business like approach to the business. I seen this happening and closed my last new house in Upper Saddle River in February of 2006. It was 5507 sq ft. and sold for $1,850,000. This was then literally 50% of the upper sale prices to happen. When I started the house in the Spring of 2005 I thought I would be in the 80 percentile of the market. The new formed builders had different ideas. Bigger, better, more glitz, and more money!
The most inportant thing a builder/developer must do is know their market. They must know what the demographics can carry. I have made this mistake only once. It was due to a sold deal going in cause me to start a house larger in particular market than I would normally. The sold deal died and I had approved site plan and permits for a house. It was like hitting your thumb with a hammer, you know your going to hit it, but you can't stop your swing.
There is more to success over a long period of time than just luck. Luck is good, knowing your business is vital!
Richard

View Graphs for Upper Saddle River Real Estate Sales Analysis
See our homes in Upper Saddle River, including new homes.
REMAX Real Estate Associates-Richard Stabile- Realtor-Builder-Developer
201 573 8811 ext 331 Northern New Jersey's Number 1 new home seller !
Buying or Selling in today's challenging markets, go with the experience and knowledge. Talk to me, you will know your making the right choice. 30 years - over 1000 sales!
copyright 2008-2009 bergencountynewhomes.com, all rights reserved
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