Only 3 new listings  hit the market this week in Ridgewood. 

Contrast this with the other activity this week:

• 9 homes went into Attorney Review (one of which was a home of the week in a recent post)
  • Ridgewood Real Estate Round Up: June 13th – 19th
• 8 homes went Under Contract
• 7 homes were sold

Seven Ridgewood homes are no longer on the market because they were sold and agreements were reached on another 17 Ridgewood properties.  I think we are starting to move from a buyers market to a balanced market.

9 Ridgewood Homes had Price Reductions This Week

Ridgewood Home of the Week

373 Hillcrest Road

This impeccably maintained home features detailing that will excite even the most discriminating buyer. The architectural interest begins with the brick walkway flanked by lantern-topped columns and continues throughout the home with intricate crown molding, chair-rails, wainscoting and oversized windows that drench the home in sunlight. The home features a high-end gourmet kitchen by Ulrich with separate dining area, formal dining room, large living room with handsome fireplace, cozy family room, screened side-porch and a master suite with updated master bath. It may be hard to imagine that the custom gourmet kitchen is not the centerpiece of this property but that distinction goes to the beautiful, private yard which features an elevated deck, paver patio, recreation area and magnificent sparkling blue pool. You’ll also love the home’s handsome brick exterior, gleaming hardwood floors, finished basement and central location convenient to downtown, schools and NYC transportation.

About Al Donohue

Aloysius  Donohue is Ridgewood Resident with two young children in the Ridgewood School System, an award winning REALTOR® and a Certified Luxury Home Marketing Specialist with a focus on Ridgewood real estate.  For more information on Ridgewood real estate you can contact Aloysius Donohue at 201.906.3287 or aldonohue@marrongildea.com. 

Click here for more information about Ridgewood NJ

Click here to see a virtual tour of this beautiful Glen Rock Home

Full Description of 74 Central Avenue

This is the charming, completely renovated Colonial home you have been waiting for in the Glen Rock neighborhood you’ve dreamed about.   The home sits on a lovely one-third acre lot, on a tree-lined street filled with friendly neighbors, well-kept homes and finely manicured lawns.  The residence combines all the grace and charm of yesteryear with the best of today’s modern amenities.  The 1st floor features a large gourmet kitchen with stainless steel appliances and granite center-i, elegant formal dining room, bright sunroom/study, classic formal living room with custom Tigerwood built-ins, handsome brick fireplace and French doors that open to the sunny family room.  The 2nd floor offers a large master suite with updated master bath, 2 additional bedrooms and a renovated hall bath.  The home also features a pristine 3^rdfloor suite with bedroom and adjacent media room, bonus sunroom off 2^nd floor bedroom, hardwood floors, intricate architectural detail and classic neutral décor.

The First-Time Home Buyer Tax Credit expires on 12/1/2009

If you assume a Sixty-day window from contract to closing, there are now only Seventy Six days to find a Ridgewood Home and get it under contract.

Keep the follow points in mind:

1. Your gross income needs to be below $95k for singles and $170k for folks filing jointly.
2. You are not eligible if you have owned a home in the last 36 months.
3. You cannot purchase the property from a member of your family.
4. The maximum credit is $8k or 10% of the total price of the home.

For more detailed info consult the following resources:

Info directly from the IRS

FAQ’s About The First Time Home Buyer Tax Credit

Related Article

Home Buyer’s Tax Credit Plus 4 Other Reasons NOW is the Time to Buy a Ridgewood Home

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The Ridgewood Real Estate market seems to be heating up even though the summer is traditionally a slower time for home sales.  I’ve noticed this in general and specifically with the Ridgewood Homes that I am marketing. Three of the Ridgewood Homes I am marketing recently went “under contract” very quickly – with multiple offers. I’d like to say this is solely due to my marketing skills but even I would say an improving market must have something to do with it.

612 Wyndemere Ave

164 Grant Street

161 Valley View Ave

Ridgewood Properties Sold in the June 20th – July 10th Period

Ridgewood Homes Marked as “Under Contract” in the June 20th – July 10th Period

Related Articles

Ridgewood Real Estate Round Up: June 13th – 19th

More Ridgewood Homes Go Under Contract or into Attorney Review…

Ridgewood Home Sales Report – May 29th

Why Choose Aloysius Donohue?

It’s hard to answer this question myself without sounding like a complete blowhard so please click below to see what clients and local newspapers had to say.

Clients Are Saying…

Local Newspapers are Saying…

Click here to see some of my current listings.

The properties in this blog post were listed and sold by various participants of the NJMLS based on information from the New Jersey Multiple Listing Service, Inc. for the period of June 20th through July 10th 2009. 

The home in the video many not look like it belongs in Ridgewood, New Jersey but the advice is sound and applies to all homes.  It may take a little bit of extra time, money and effort but you will be paid back many times over for your efforts.  In this competitive real estate market you need every advantage you can get.

You Will Need

Flowers
Storage space
Pillows
Time to tidy up
Good coffee
Frozen cookie dough

This easy to follow video is broken down into the following 7 simple steps:

Start outdoors
Clear the clutter
Let the sun shine in
Pare down
Throw around pillows
Make it less personal
Splurge on fresh flowers

Related Article

Choosing a Bergen County Home Stager – by Barbara Miksits

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Why Choose Aloysius Donohue?

It’s hard to answer this question myself without sounding like a complete blowhard so please click below to see what clients and local newspapers had to say.

Clients Are Saying…

Local Newspapers are Saying…

Click here to see some of my current listings.

It was an excellent week in Ridgewood Real Estate.  16 Ridgewood Homes were marked as being under contract or in attorney review while only 6 newly listed homes hit the market.   One of the homes that went into attorney review this week was last week’s Ridgewood Front Porch Home of the Week.

Newly listed Ridgewood homes ranged from a handsome ranch on Doris Place for $462,500 to a wonderful victorian on Prospect for $1,449,000. 

Ridgewood Real Estate Update – June 13th – 19th
To view more detailed info on each home below – click here.

The properties in this blog post were listed and sold by various participants of the NJMLS based on information from the New Jersey Multiple Listing Service, Inc. for the period of June 13th  through June 19th 2009. 

Ridgewood Home of the Week – 252 E. Glen Avenue

This centrally located, completely renovated Colonial Home sits on an oversized 75×162 lot and is in easy walking distance of schools, downtown, Graydon pool and New York City transportation.  Click here to learn more about this Ridgewood Home.

Related Articles

More Ridgewood Homes Go Under Contract or into Attorney Review…

Ridgewood Home Sales Report – May 29th

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“Debra has had a very positive impact on our office,” said Aloysius Donohue, a partner with the firm. “She is an extremely serious and professional agent but at the same time Debra enjoys her work so much that she always looks like she is having fun.  This type of attitude is contagious and it is why both her clients and colleagues enjoy spending time with Debra.”

Debra is a Bergen County native, and currently lives in Ridgewood with her husband and two children, who both attend Somerville Elementary School.  Prior to entering the real estate business, Debra worked for a prestigious Manhattan Law Firm. She feels that having worked on real estate deals in both a legal and a sales capacity gives her a unique perspective and an advantage in today’s competitive marketplace.  Debra is very active in community events and spends a lot of time volunteering at Somerville School.  Her family is also very involved in various sports programs here in Ridgewood where her husband volunteers as a little league coach.

DeSena seems to be very proud of the fact the she earned the prestigious Associate of the Month award within a few months of joining the firm.  She says she was a bit intimidated her first day because everyone at Marron Gildea & Donohue seemed to be so technology oriented. “I knew I was a good agent before I joined Marron Gildea & Donohue but the training here has really enabled me to kick my business up to another level – or two,” says DeSena.  She says some of the newer agents have helped her with technology and she has returned the favor by sharing advice and tips on negotiating and making sales presentations.

For current information on the Ridgewood real estate market contact Debra DeSena at 201.445.8880.  If you are interested in learning more about a career at Marron Gildea & Donohue please contact Aloysius Donohue at 201.445.8880.

 ”I am thrilled that Nancy decided to join our Ridgewood office,” said Aloysius Donohue, a managing partner at the firm.  “Nancy works hard and she understands the business but her greatest attributes are probably her thorough knowledge of the town of Ridgewood and her incredible networking skills.  Nancy is an excellent match for the environment and culture here at Marron Gildea & Donohue and we expect big things from her.”

 DeFeo is an eleven-year resident of Ridgewood.  She has years of successful real estate experience in Northern New Jersey working both in sales and office administration. 

 Having lived in several Ridgewood neighborhoods gives Nancy a unique perspective that she shares freely with her customers.  In addition, raising her family in Ridgewood, with her two oldest sons graduating Ridgewood High School and her youngest currently at Ridge, gives Nancy personal knowledge of the Ridgewood school system that is so important to prospective buyers.

DeFeo enjoys the low key environment at Marron Gildea & Donohue.  She says the other agents and management are extremely supportive and positive but they are never over-bearing and they never pressure her.  “When I was working at another firm I would read these stories about Marron Gildea & Donohue being like a family and wonder if that was really how it was or if that was just creative spin,” says DeFeo.  “Now that I am here I see that it truly is a family environment where information flows freely between agents and management and everyone supports one another – like a family.”

 Marron Gildea & Donohue is a full-service real estate firm with offices in Ridgewood, Saddle River and Ho Ho Kus. For current information on the local real estate market contact Nancy DeFeo at 201.445.8880.  If you are interested in learning more about a career at Marron Gildea & Donohue please contact Aloysius Donohue at 201.445.8880.

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In the May 30th to June 12th period 18 Ridgewood homes were newly listed for sale but 20Ridgewood properties went under contract or into attorney review in the same time period.  This means Ridgewood is burning off more of what is already a pretty reasonable inventory level.  During the same time period 9 Ridgewood homes closed at an average sale price of $822,511.  There were also 17 homes with price changes during this time period.

Click the links below to see detail info on the Ridgewood Homes listed in each of the categories discussed above.

Ridgewood Homes Under Contract or in Attorney Review

Ridgewood Sold Properties

Ridgewood Price Changes

New Listings in Ridgewood

Ridgewood Home of the Week – 164 Grant Street

 164 Grant Street Virtual Tour
This incredible new home is not quite finished but if you wait until it’s complete (60-90 days from now) there will be someone else’s name on the mailbox. The home is located on one of Ridgewood’s most desirable streets and sits just steps from the prestigious Willard school.  The residence has unquestionable curb appeal with its charming front porch and striking stone and hardie-plank exterior. You’ll love the high ceilings, authentic moldings, open floor plan and the feeling of bright spaciousness.  The home will feature a gourmet kitchen with granite counters and separate breakfast area, large family room with handsome fireplace and coffered ceiling, oversized dining room and impressive master bedroom with 2 walk-in closets and a truly spa-like master bath.  The home will also include 3 full baths on the 2^ndfloor, high-quality hardwood floors on both levels, two-car attached garage with carriage doors, stone patio and a finished lower level with office, rec room and full bath.

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Why Choose Aloysius Donohue?

It’s hard to answer this question myself without sounding like a complete blowhard so please click below to see what clients and local newspapers had to say.

Clients Are Saying…

Local Newspapers are Saying…

Click here to see some of my current listings.

The properties in this blog post were listed and sold by various participants of the NJMLS based on information from the New Jersey Multiple Listing Service, Inc. for the period of May 23rd through May 29th 2009. 

It was another busy week in Ridgewood real estate.  In addition to the all new listings there were also 12 Homes with Price Changes.

There were a total of 19 New Ridgewood Residential listings.  The average price of these newly listed homes was $948,674.

Ridgewood Homes Under Contract  and in Attorney Review – Week Ending 5/29/2009

Under Contract

Attorney Review Period

Ridgewood Homes Sold

Three Ridgewood Homes closed the week ending 5/29/2009. The average sale price was $697,633. Click below to view all 3 homes.

Ridgewood Homes Sold

Related Posts

Weekly Ridgewood Real Estate Report – May 22nd

12 Mistakes to Avoid When Buying a Ridgewood Home

Top Ten Reasons to Relocate to Ridgewood New Jersey

Click Here to Subscribe to The Ridgewood Front Porch

Why Choose Aloysius Donohue?

It’s hard to answer this question myself without sounding like a complete blowhard so please click below to see what clients and local newspapers had to say.

Clients Are Saying…

Local Newspapers are Saying…

Click here to see some of my current listings.

The properties in this blog post were listed and sold by various participants of the NJMLS based on information from the New Jersey Multiple Listing Service, Inc. for the period of May 23rd through May 29th 2009.