Home Buying Using the Escalation Clause

The Escalation Clause First of all, escalation clauses are permissible in the state of New Jersey. In a bidding war, buyers and sellers have to adapt to the market’s temperature. More buyers are using escalation clauses when making an offer to purchase a home....

Lumber and Material Costs Are Up

For the last 18 months, home prices have been increasing at an unrelenting rate. In many New Jersey counties, the average home price increased by 20% or more. New Jersey March Median Price Changes Monmouth County + 22.3% Ocean County + 24.$% Middlesex County + 17.7%...

Bergen & Passaic County Sales

Bergen County Single Family Homes for February Key Metrics 2020 2021 Change New Listings 880 1,007 +14.4% Closed Sales 488 652 + 35.7% DOM* 66 50 – 24.2% Median PX $510K $590K + 15.7% % of PX 92.4% 99.8% + 1.6% Inventory 2,690 1,287...

Monmouth County Park Programs

DOWNLOAD THE MONMOUTH SUMMER GUIDE HERE! Urban Hiking Explore the cityscapes of Monmouth County as you hit the asphalt during this urban exploration on Saturday, May 1. Zipline Adventure Enjoy a heart-pounding ride through the trees down Big Brook’s steepest...