Commercial – NYC Building Auctioned Part 1

When a $332 million building in Manhattan sells for just $8.5 million, it has to raise some eyebrows and some big questions. Back in 2006, 135 W 50th Street Manhattan sold for nearly a third of a billion dollars, with nearly every floor occupied. And demand for office...

June Sales for Bergen & Passaic Counties

Bergen and Passaic Counties Bergen County Single Family Homes for June Key Metrics 2023 2024 Change New Listings 729 730 + 0.1% Closed Sales 600 528 – 12.0% DOM* 33 27 – 18.2% Median PX $721K $793K +10.0% % of PX 104.2% 105.7% +...

High Growth Pockets

Real estate is all about location. So, tell me something I don’t know! Well, it may be about location, but the dynamics and the market demands of the way we look at various market niches is going to change. Granted, the low inventory, the high prices and the...

June Prices for Morris & Middlesex Counties

Morris and Middlesex Counties Morris County Single Family Homes for June Key Metrics 2023 2024 Change New Listings 465 491 + 5.6% Closed Sales 429 375 – 12.6% DOM* 23 23 0.0% Median PX $675K $763K + 13.0% % of PX 105.5% 107.2% + 1.6% Inventory 635...