Sheldon Neal ~ That British Agent ~ Bergen County NJ

Sold Price Range: $280,000
(January 2008 Range: $170,000 - $639,000)

List Price Range: $358,000
(January 2008 List Range: $179,000 - $749,000)

Styles: 1 Colonial
(January 2008 Styles: 6 Colonial, 1 Bi-Level, 2 Cape Cod, (2) 2-Fam, 12 condos)

Whereas the actual sold PRICE has dropped slightly, the MAJOR item of note is that Hackensack only had ONE HOME sold this January, compared with 23 sold in January 2008 !!!

That is a major difference.

This is clearly a factor of the continued slow down in market activity, and Hackensack has been hit worse than almost every surrounding town with it's decline in its SOLD units.

As of today 2/28/09 at 6pm, there are 313 homes for sale in Hackensack.
Their prices range from condos and co-ops in the $100K range, to Single family homes ranging from $169,000 to $1,150,000 - the median LIST price is $349,000.

Of these, 89 are single family homes, and 40 are 2-Family homes. 184 are Condo/Townhomes or co-ops listed on the NJMLS.

Hackensack offers good accessibility to New York City via many major highways or public transportation including its in-town train station.

Clearly there is a huge over-inventory currently in Hackensack, and subsequently, the listings have become extremely competitive in pricing nature.

If you would like to be emailed the full listing details on current homes for sale in Hackensack, please call local Hackensack expert Sheldon Neal at 201-481-2891, or email SheldonNeal@remax.net and the available active listings will be emailed to you immediately.

Well depending on your needs - Absolutely !


A single family home ? -- Possibly !


If not exactly at $200,000, then certainly at $250,000 !






Currently there are 17 single family homes listed at $200,000 or less, and there are 65 single family homes listed at $250,000 or less.

Now clearly, the homes at this range will likely offer less in terms of home features, and almost certainly will need some repairs or improvements, but we havent seen this many homes available in Bergen County for $250,000 or less in years.

Many of them may be Short Sale candidates - listings usually in a pre-foreclosure status - and although they may offer the best deals on the market, there are some very specific challenges to prepare for when considering putting an offer on a Short Sale listing.

Having been through a number of these type of transactions, please contact me and I'll gladly explain what's involved and what you could expect.

Those that aren't short sales ? ... but are still in the $250,000 price range ? ... call or email me to get a list of those currently available - they can be immediately emailed to you for your review.


Amidst all the negative press coverage about the housing market, there can be some golden opportunities for people who can finally afford a home in Bergen County !


Call Bergen County Real Estate expert, Sheldon Neal, at 201-481-2891, or email at SheldonNeal@remax.net to discuss your home buying intentions, and to receive some special home buying tips to get you started !

January '09 Activity SNAPSHOT - Teaneck, NJ

Homes Sold: 15
(January 2008 saw 13 homes sold )

Sold Price Range: $180,000 - $777,500
(January 2008 Range: $225,000 - $915,000)

List Price Range: $288,000 - $849,000
(January 2008 List Range: $285,000 - $999,000)

Styles: 9 Colonial, 1 C/C, 1 S/L, 3 Condo/Co-ops, 1 2-Fam
(Jan '08 Styles: 10 Col, 1 C/C, 1 S/L, 1 Condo )

The difference in SOLD prices from last January to this January has dropped in line with market reductions in neighboring towns. The actual number of homes sold is almost identical for Jan 08 to Jan 09. But the major house value reduction across the board has made the current list prices considerably lower than 12 months ago - and subsequently more attractive for buyers looking to move to the town of Teaneck.

As of today 2/19/09 at 12 noon, there are 257 homes for sale in Teaneck.
Their prices range from $189,000 to $2,950,000, and the median LIST price is $399,000.

Of these, 211 are single family homes, and 12 are 2-Family homes. There are currently 34 Condo/Townhomes listed on the NJMLS.

Teaneck offers a terrific location for those needing or wanting to be close to Manhattan, as there are many ways to access New York City via major highways or public transportation with buses or trains.

If you would like to be emailed the full listing details on current homes for sale in Teaneck, please call local Teaneck expert Sheldon Neal at 201-481-2891, or email SheldonNeal@remax.net and the available active listings will be emailed to you immediately.

January '09 Activity SNAPSHOT - Bogota, NJ

Homes Sold: 4
(January 2008 was only 3 Sold !)

Sold Price Range: $270,000 - $485,000
(January 2008 Range: $285,000 - $338,000)

List Price Range: $299,000 - $499,000
(January 2008 List Range: $329,000 - $390,000)

Styles: 3 Colonial, 1x 2-Fam
(January 2008 Styles: 2 Colonial, 1 Split Level)

~ NOTE:: Of the homes sold this January, 1 was Bank Owned (REO), and 1 was a Short Sale ~

Bogota sales are pretty steady, with low home sale totals that are traditionally slower. However, there was certainly a major house value reduction across the board - making the current list prices considerably lower - and subsequently more attractive for buyers looking to move to the town of Bogota.

As of today 2/16/09 at 9pm, there are 42 residential homes for sale in Bogota.
Their prices range from $299,000 to $725,000, and the median LIST price is $369,900.

Of these, 30 are single family homes, and 12 are 2-Family homes. There are currently no Condo/Townhomes listed on the NJMLS. Data provided by the NJMLS and is deemed reliable but not guaranteed.

Bogota offers an opportunity to live in a small town with a village feel, while still having the accessibility to New York City via many major highways or public transportation with buses or trains.

If you would like to be emailed the full listing details on current homes for sale in Bogota, please call local Bogota expert Sheldon Neal at 201-481-2891, or email SheldonNeal@remax.net and the available active listings will be emailed to you immediately.

January '09 Activity SNAPSHOT - Paramus, NJ

Homes Sold: 8
(January 2008 also saw 8 Sold)

Sold Price Range: $340,000 - $600,000
(January 2008 Range: $421,000 - $1,260,000)

List Price Range: $389,000 - $719,000
(January 2008 List Range: $399,000 - $1,300,000)

Styles: 1 Cape Cod, 1 Spl Lvl, 3 Ranch, 2 Colonial, 1 B/L
(Jan '08: 3 Col, 1 S/L, 1 B/L, 1 2-Fam, 1 Ranch & 1 Manor)

Even with the downturn in sales across the country, Paramus has held pretty steady, selling the same number of homes in '09 as it did in '08. The major difference is in the list and sales prices, which have dropped significantly.

As of today 2/16/09 at 9pm, there are 127 residential homes for sale in Paramus.
Their prices range from $379,000 to $2,900,000, and the median LIST price is $639,000.

Of these, 114 are single family homes, 8 condo/townhouses, and 5 are 2-Family homes. Information deemed reliable but not guaranteed per the NJMLS.

Paramus offers a terrific opportunity to live in a Bergen County town with traditionally low taxes - this is largely due to the high volume of commerce that Paramus provides. The private neighborhoods make living enjoyable, while still having the accessibility to New York City via many major highways or public transportation with buses or nearby trains. Paramus is also the home of "Van Saun Park" - a fabulous park with a Zoo, a Kids Train Ride, a Carousel, pony rides, swing parks, tennis courts and picnic areas ! -- Truly a great place to take the family !

If you would like to be emailed the full listing details on current homes for sale in Paramus, please call local Paramus expert Sheldon Neal at 201-481-2891, or email SheldonNeal@remax.net and the available active listings will be emailed to you immediately.