About Old Tappan's Old Tappan New Jersey

Old Tappan NJ Homes Sold Report| May 2011' Single Family Home Sales

Eight homes closed in the Northern Valley town of Old Tappan as May showers have brought many June flowers.

This upscale little town with a big heart was anxious during the Spring real estate market.

With interest rates continuing to remain lower than ever, qualified Buyers can take advantage of some wonderful opportunities to own a piece of Small Town America!

There's no place like A New Old Tappan Home!

The town of Old Tappan is constantly changing to keep up with the times while maintaining that desirable small town feel.

A township filled with history.



Residents can take advantage of the many amenities offered by this upscale Northern Valley town.

Old Tappan, New Jersey May 2011' Real Estate Market Activity:

Total Homes Sold..........................8

Average List Price.............. $1,152,738

Average Sold Price.............$992,363

Median Sold Price..............$ 797,000



Sale/List Price....................... 86.087 (14% - 15% differential)

There are currently 74 Actively Listed homes in the town of Old Tappan with an average List Price of $1,244,544 .

There are some fantastic opportunities in this popular town with prices for every budget.

Sold information was taken from the NJ Multiple Listing Service and does not include privately sold homes. All information is deemed reliable.

Click here to view all Old Tappan Local Listings

For more information on Listings in Bergen County, New Jersey, call Bob & Lisaat (201)218-6802, or visit us online at www.HammersTeam.com your Pascack Valley Real Estate Resource at "Your Service"! It's a great time to "Buy A Home". We're keeping an eye on the real estate market for you....

Click on the links below to view some scenes of other picturesque Pascack Valley towns:

EMERSON

HILLSDALE

RIVER VALE

WESTWOOD

PARK RIDGE

MONTVALE

WOODCLIFF LAKE

WASHINGTON TOWNSHIP

PASCACK VALLEY SPRING SHOW

PASCACK VALLEY SUMMER SHOW

PASCACK VALLEY FALL SHOW

PASCACK VALLEY HOLIDAY SHOW

 

Another new home sold and closed in Old Tappan by team member Antoinette Gangi. With some interior design help from Richard, this home was sold while being constructed.  Antoinette is a high energy Realtor in our new home team. Located at 159 Birchwood Rd. in Old Tappan, this new 4874 sq ft, 5 bedroom home sold for $1,550,000.

  

Number one in new home listings in Bergen County! Fine your new home at-

Bergen County New Homes Center.

Need to sell your home or real estate, your in the right place!

Old Tappan New Homes

All Old Tappan Real Estate for sale

Richard

REMAX Real Estate Associates-Richard Stabile- Realtor-Builder-Developer 201 573 8811 ext 331 Northern New Jersey's Number 1 new home seller !

email- richard@newhomesbyrichard.com
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 2008-2010 bergencountynewhomes.com, all rights reserved

DINO'S CUCINA...Old Tappan Road, Old Tappan New Jersey, just south of Tappan NY Rockland County

I have wrote about Dino's before, but they were new, and I have been back to eat there with friends, family, and even some of my clients. As a Real Estate Agent in Old Tappan of Northern Bergen County New Jersey, I show many homes in this area. In the middle of showing homes, we take a lunch break, and stop at Dino's I am guaranteed a good meal, and go away feeling satisfied. Always knowing that my clients will not be disappointed that I brought them there. I am always greeted with a warm welcome, and meet many of my neighbors. Always nice to talk about the goings on of our town. Schools in Old Tappan, Norwood, Northvale, Harrington Park. Dino's offers a full bar, and the merlot they offer is a nice smooth wine that goes well with pizza. This is not just any pizza... all fresh herbs, fresh tomatoes, fresh garlic, arugula, basil, mozzarella, and parmesian. They make home made bread that you can smell from when you park your car in the parking lot. Dino's is so far a bit of a secret. All the locals know about it, but soon as the word gets around, River Vale, Hillsdale, Montvale, Park Ridge, Woodcliff Lake, Washington Twp, Westwood, Emerson, and all of The Pascack Valley will know about Dino's and there will be standing room only. Why don't you come and see what they're all about. Tonight the disco begins at 7:30. Get there early, eat, and be ready to boogie. As an 80's disco queen myself.. I won't miss it. Come and join me...won't you??? For more information: Call Paula Clark direct: -201-280-0056

Week of March 15, 2009 Mortgage Market Commentary

Mortgage rates improved slightly last week, even as stock markets experienced a moderate bounce.

While economic news continues to highlight subpar economic activity, a few more signs of hope

appeared last week. Retail sales slipped by 0.1%, which was less than the 0.4% expected. More

encouraging was that "core" retail sales, which excludes auto-related items, rose for the second month

in a row. This type of news is leading some economists, including Fed Chair Bernanke, to believe that

we could be near the bottom, with a chance of economic recovery starting in 2010.

The Fed meets again this week and is unlikely to change economic policy. However, if the Fed

announces that its programs are working as planned, and it announces that the programs will continue

until economic recovery is fully realized, we could see some downward pressure on rates, especially if

investors, even just a few, begin to move back into the secondary market. Of course, if the rally in

stocks accelerates, rates might be forced upward as money moves out of the bond market.

Mortgage Rates

4.50%

4.75%

5.00%

5.25%

12/24 1/7 1/21 2/4 2/18 3/4

30Yr 15Yr 1Yr ARM

Dow Jones

6,500.00

7,000.00

7,500.00

8,000.00

8,500.00

9,000.00

16-Dec 30-Dec 13-Jan 27-Jan 10-Feb 24-Feb 10-Mar

This Week's Top Economic Reports and Events

Mortgage Rate Interest Rates and Indexes

Trends

1 Yr T-Bill 0.680% 11th D. COFI 2.455%

Short-Term 􀃎􀃎 10 Yr T-Note 2.900% COSI 3.760%

Long-Term 􀃎􀃎 6 Month Libor 1.902% CODI 2.572%

Volatility High Prime Rate 3.250% MTA 1.514%

Historical Rates

0.00

3.00

6.00

9.00

Mar-04 Mar-05 Mar-06 Mar-07 Mar-08

1 Yr CMT MTA COFI

CODI Prime

Industrial Production

3/16 -1.8% -1.0%

Significant

With expectations for another sizable drop, any reading above -0.5%

would rally stocks, but put some downward pressure on mortgage rates.

Producer Price Index (core)

3/17 0.4% 0.2%

Moderate

Another unexpected jump in the PPI could serve to generate some fears

of upcoming retail inflation and rates could be pushed up slightly.

Consumer Price Index (core)

3/18 0.2% 0.1%

Significant

While an above-expectations reading usually pushes rates up, a reading

of 0.2% would calm deflationary fears and help keep rates flat.

FOMC Policy Announcement

3/18

Significant

With the debate intensifying over government management of this

recession, a statement regarded as weak could move rates upward.

Leading Economic Indicators

3/19 0.4% -0.3%

Moderate

After two months of unexpected increases, a third month could add to the

hopes of economic recovery, but rates would feel upward pressure.

Bergen County Home Information. Old Tappan, Harrington Park, Westwood, Norwood, River Vale, Montvale, Hillsdale, Park Ridge, New Jersey Bergen County, Pascack, and Northern Valley of New Jersey.

Contact Paula Clark Coldwell Banker 50 Broadway, Hillsdale, NJ Call Paula Clark Direct: (201) 930-3070

As of March 13 2009 The current market for Old Tappan in The Northern Valley of Bergen County, There are presently 53 homes on the market from price ranges starting at $389 which is a 2 bedroom tiny home on the corner of a main road in Old Tappan, and ranging all the way up to $3.799,000 for a magnificent 5 bedroom home with an indoor basketball court. There are currently 10 homes that are Under Contract, and in the last 6 months 18 homes have Sold ranging from $350 all the way up to $2.275.

Ok, so they say the Real Estate Market has come to a stand still... not necessarily so. There are buyers that are looking to buy a home, and there are Sellers that are not necessarily in a crunch, and will sell because what ever they are buying, they will buy for less, with good credit have a low interest rate, and if a first time buyer will reap the benefit of the $8,000 credit from Obamas' new Stimulus Plan. A First time home buyer doesn't only refer to the first time ever that are buying a home in New Jersey, Bergen County, or Hudson County, Passaic, and Essex County etc.... If you have not purchased a home within 3 years, you too can take advantage of this stimulus plan to receive this $8.000 credit. This refund does not have to be paid back. For featured homes in Bergen County log onto www.PaulaClarkRealtor.com

Some of the homes that Sold in Old Tappan, River Vale, Park Ridge, Westwood, and many areas of Bergen County...

Old Tappan, NJ Town Info

Park Ridge

River Vale( Click here for Town info)