Tuesday, February 19, 2013
Borough tax assessor Jim Anzevino reported that on average the town assessment is on the mark when it comes to housing sales with 10% of 2012 sales going for above the newly listed assessment
While the 2012 River Edge reassessment had upset taxpayers, developers and realtors last spring, the borough is now seeing a 90-percent sale ratio with homes going at the assessed price or higher according to tax assessor Jim Anzevino. Anzevino appeared before the Mayor and Council on Tuesday night to review the 2012 reassessments impact on last year's 90 house sales. The 90 sales did not include any foreclosure or bankruptcy sales or homes that were sold to a private family member. "On the total aggregate our ratio of sales is 90-percent with a standard deviation of 9.5-percent," Anzevino said. "On average about 10-percent of the sales were higher than the assessed value. This is like an A-." The standard deviation represents the …
Friday, February 15, 2013
An application to construct a 14-Unit multiple dwelling on Madison Avenue in New Milford is set to be rental based
The New Milford Zoning Board began the hearing on the application for property located at 391 Madison Avenue, Tuesday. The plans call for the construction of a three-story, 14-unit multiple dwelling with parking under the building. Because the land is currently zoned for residential use, the applicant is requesting variances from the Zoning Board of Adjustment. The applicant, Alex and Sons Real Estate Investments, is seeking a use-variance to construct Madison Gardens--14 one and two bedroom multiple dwellings on property zoned for one-family single unit dwelling. Additionally, variances for building height, building coverage and front yard are needed. Carmine Alampi, attorney for the applicant, said that the height is actually two stories…
Wednesday, February 13, 2013
Alex and Sons Real Estate presented their initial plans to built an apartment complex on Madison Avenue in New Milford Tuesday night
Plans filed for property on 391 Madison Avenue call for the construction of a three-story, 14 unit multiple dwelling with parking under the building. Because the land is currently zoned for residential use, the applicant is requesting variances from the Zoning Board of Adjustment. The applicant, Alex and Sons Real Estate Investments, is seeking a use-variance to construct Madison Gardens--14 one and two bedroom multiple dwellings where a one-family dwelling is the permitted use. Additionally, variances for building height, building coverage and front yard are needed. The three-story, 14-units proposed will consist of four one-bedroom apartments and 10 two-bedroom apartments. There will be underground parking for 28 spaces. The property, a …
40.94023
-74.01291
391 Madison Ave, New Milford, NJ
/articles/developer-seeks-approval-for-14-unit-complex-in-new-milford
/locations/8802275
Friday, February 1, 2013
Most homeowners will see a decline in their housing values, but not all will see the same tax break
Struggling with tax appeals and a declining housing market, Oradell's recently completed reassessment has shown that the majority of housing values in town have all fallen. Appraisal Systems of Glen Rock was hired in late June to perform a reassessment over the 2012 summer for $75,000. Oradell had a full revaluation performed in 2008 by Appraisal Systems and due to the contract at that time, the borough was entitled to a reduced price for the assessment. "Oradell's reassessment has the town's housing values going down," Mayor Joseph Murray said. "Thirty percent of homes should see their tax bills go down greater than $250. About 57% could see their bills go down anywhere from $249 or up $250 for a tax neutral scenario and 13% may see their…
Sunday, October 28, 2012
Tips to make your small spaces more appealing to potential buyers.
Currently there are 81 homes listed for sale in the River Dell area. Some a priced at just over $200,000 while others may reach upwards of $1.49 million. That's a lot of competitors if you are trying to sell your home! The numbers alone are intimidating, but what do you do if your house is less than brand new and is being shown while you are still living in it? What if you have a small home with awkward spaces and tight corners? Shoppers have plenty to choose from so you should take action to make your home as appealing as possible while your realtor is showing it. Realtor Scott Nichols advises, "Taking the time to draw attention to positive focal points and enhance them is well worth the effort when prepping your home for viewing by …
Friday, September 7, 2012
Check out these Open Houses in the area
Sunny weather is coming this weekend and with it plenty of open houses in town. Click through the image gallery to see what homes in town are holding open houses Saturday and Sunday. Times and prices are listed below each photograph. Listings are courtesy of New Jersey Multiple Listings Services and AOL Real Estate. Realtors can also add their own listings and photographs as well.
Friday, August 24, 2012
Check out these Open Houses in the area
Sunny weather is coming this weekend and with it plenty of open houses in town. Click through the image gallery to see what homes in town are holding open houses Saturday and Sunday. Times and prices are listed below each photograph. Listings are courtesy of New Jersey Multiple Listings Services and AOL Real Estate. Realtors can also add their own listings and photographs as well.
Friday, August 17, 2012
Check out these Open Houses in the area
Sunny weather is coming this weekend and with it plenty of open houses in town. Click through the image gallery to see what homes in town are holding open houses Saturday and Sunday. Times and prices are listed below each photograph. Listings are courtesy of New Jersey Multiple Listings Services and AOL Real Estate. Realtors can also add their own listings and photographs as well.
Friday, August 10, 2012
Check out these Open Houses in the area
Sunny weather is coming this weekend and with it plenty of open houses in town. Click through the image gallery to see what homes in town are holding open houses Saturday and Sunday. Times and prices are listed below each photograph. Listings are courtesy of New Jersey Multiple Listings Services and AOL Real Estate. Realtors can also add their own listings and photographs as well.
Friday, August 3, 2012
Check out these Open Houses in the area
Sunny weather is coming this weekend and with it plenty of open houses in town. Click through the image gallery to see what homes in town are holding open houses Saturday and Sunday. Times and prices are listed below each photograph. Listings are courtesy of New Jersey Multiple Listings Services and AOL Real Estate. Realtors can also add their own listings and photographs as well.
RiverEdgeFirst
10:21 am on Monday, February 25, 2013
GGT, maybe we need an ordinance that requires empty lots/property that had been developed, to be redeveloped within a few years. more ›