Ridgewood Real Estate Blog

Ridgewood Restaurant Recognized for Best Thai Food

Aloysius Donohue - Ridgewood Real Estate (Marron Gildea & Donohue - Ridgewood) — Sun, 25 Oct 2009 19:49:34 -0500

Ridge Thai Awarded "Best in Bergen County" by 201 Magazine

Ridge Thai's Website (Ridgewood, NJ)

According to 201 Magazine Ridge Thai nudged out another Ridgewood Restaurant for first place on this year's list. Taste of Thai, in Ridgewood, was the category's runner up.

Ridge Thai serves traditional Thai Dishes, in large portions, at its 24 seat establishment located at 50 Chestnut Street near the Ridgewood Train Station. One local resident quoted in the 201 Article describes it as "small, inmate" while another says "The staff is accommodating, to the point of being sweet without being sugary. The spices are real and delicious. When I wipe the back of my neck and back of my head and they are wet with perspiration, but my mouth and throat are not burning in the least, I know I'm enjoying the best Thai food."

Related Articles

Ridgewood's Office Beer Bar and Grill Named Best Sports Bar in Bergen County

Ridgewood's Country Pancake House Serves the Best Breakfast in Bergen County

Brooklyn's Brick Oven Pizzeria, in Ridgewood NJ, Named Best Pizza in Bergen County

Click Here to Subscribe to The Ridgewood Front Porch

Click below to view the original article

Ridgewood Restaurant Recognized for Best Thai Food

Ridgewood Home Sales - Strong Late Summer/Early Fall

Aloysius Donohue - Ridgewood Real Estate (Marron Gildea & Donohue - Ridgewood) — Thu, 22 Oct 2009 19:41:33 -0500

48 Ridgewood Homes Sold in the August 15th - October 9th Time Period

The image above probably does not fit with the title of this post . However, I thought it captured how I have felt over the past couple of months which is good news specifically for for me - and for Ridgewood Real Estate in general. My goal is to post a Ridgewood Real Estate report on a weekly basis. However, you will notice that the time period covered here is 2 months. The reason for the huge time lapse from the last report, to this one, is that Ridgewood Home sales have been very hot and there has literally been zero time to write this weekly report. I have been extremely busy as an individual agent and my entire firm (Marron Gildea & Donohue) has experienced the same surge in activity and I am hearing the same from Realtors at other local firms.

This is good news for agents but it is also good news for Ridgewood Homeowners as well. We are seeing more homes with multiple offers and some homes are selling very quickly. These local indicators coupled with the positive news on the national real estate market seem to indicate that we have found a bottom and may have already started to turn back up.

Ridgewood Real Estate Round-Up:August 15th - October 9th

59 Ridgewood Homes were Listed in this time period.

44 Ridgewood Homes went Under Contract in this time period.

48 Ridgewood Homes were Sold in this time period.

Click Here for a link to the detailed information on all of the Ridgewood Homes listed above.

Click Here to Subscribe to The Ridgewood Front Porch

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 August 15th through October 9th 2009.

----------

About Al Donohue

Al Donohue heads up Marron Gildea & Donohue's Ridgewood office and is one of the top agents in Bergen County.

Al attributes much of his success to lessons learned during his years as a top sales executive on Wall Street. Most of Al's clients are busy professionals and business owners and they love the fact that he speaks their language and understands the incredible demands on their time. Al stays in constant touch with his clients not only through phone calls and face-to-face meetings but also through email, instant messaging, and web pages created specifically for his clients. Clients can view the status of the sale of their home, read feedback from agents that have shown their home and review the status of their personal marketing plan 24-hours-a-day via their personal web page.

Al understands that technology is just a tool and says it is really his focus on providing world class customer service that has enabled him to achieve great results for his clients. He says the key to his success has been his ability to listen more than he speaks and always put the needs of his clients first.

Click below to view the original article:

Ridgewood Home Sales - Strong Late Summer/Early Fall

New York Times Take on Ridgewood's Graydon Pool Debate

Aloysius Donohue - Ridgewood Real Estate (Marron Gildea & Donohue - Ridgewood) — Thu, 22 Oct 2009 19:39:26 -0500

Excellent New York Times Article on Graydon Debate Gives Fair Shake to Both Sides

Photo Credit: Rob Bennett for The New York Times

I think the article it does a good job of framing the debate and it is a good primer for anyone who would like to bone up on the issue in advance of Wednesday's (9/9) Council Meeting. However, I doubt that there is anybody left in Ridgewood that is not up to speed on this issue and does not already have a strong opinion.

Here's an excerpt:

"Both sides say they are Graydon's real defenders. The pool project's report is billed "Restoring Our Village Landmark." Advocates say a concrete pool, sensitively built and respecting the park's distinctive natural setting, is the only way to return it to the community gathering place it used to be.

The swimming season ends Labor Day, but the battle is just heating up. The council is considering a request for proposals for a new or updated pool. The Preserve Graydon Coalition plans a show of force for a pro-pond presentation to the council on Wednesday. A pro-pool group, Fix Graydon Now! - headed by a longtime Graydon member, Leigh Warren, who has reluctantly come to believe that Graydon will never lure back enough people in its current form - plans a show of force in opposition.

"I'm told there will be a police presence," one of the pro-pond organizers said ominously."

Click below to read the article in its entirety.

NYT Article on Gradyon Pool Debate

Related Articles

Ridgewood's Graydon Pool Project: Blessing or Boondoggle?

The Preserve Graydon Coalition holds their first meeting

Preserve Graydon Coalition Makes Presence Known at Ridgewood Meeting

Click Here to Subscribe to The Ridgewood Front Porch

Ridgewood Real Estate

Click below to view the original report:

New York Times Take on Ridgewood's Graydon Pool Debate

Ridgewood Home Sales Report - A Week of Lucky 7's (Aug. 8th - 14th)

Aloysius Donohue - Ridgewood Real Estate (Marron Gildea & Donohue - Ridgewood) — Thu, 22 Oct 2009 19:37:17 -0500

Ridgewood Real Estate's Week of Lucky Sevens

Seven Ridgewood Homes were listed for sale this week.
Seven Ridgewood Homes went under contract this week.
Severn Ridgewood Homes were Sold this week.

It was a pretty consistent week in Ridgewood Real Estate. Not only did we have the exact same number of homes in all three categories but the average price in each category was also very similar this week (8/8 - 8/14). See below:

Average Prices:

New Listings: $677,700
Under Contract: $629,643
Sold: $670,971

Click Here to view the details on all homes listed below.

Street #	Street Name	Bedrooms	Status	Days on Market	Style	Price*
426	JACKSON	3	Active	8	C/C	$542,000
560	VAN BUREN	3	Active	7	S/L	$569,000
537	BANTA	5	Active	4	S/L	$599,000
186	LINCOLN	4	Active	4	S/L	$670,000
683	EASTERN	4	Active	7	COL	$695,000
443	WASTENA	4	Active	5	COL	$779,000
120	HIGHLAND	4	Active	7	COL	$889,900
481	GROVE	4	Under Contract	11	C/C	$428,800
642	GLEN	2	Under Contract	64	RANCH	$475,000
315	WALTHERY	2	Under Contract	57	RANCH	$498,800
488	GROVE	3	Under Contract	186	COL	$549,900
416	COLWELL	4	Under Contract	16	RANCH	$559,000
435	GLEN	5	Under Contract	85	COL	$799,000
136	MONROE	4	Under Contract	15	COL	$1,097,000
458	NORTHERN	3	Sold	112	B/L	$535,000
485	FRANKLIN	3	Sold	29	COL	$582,000
453	GLEN	4	Sold	173	S/L	$525,000
390	BERKSHIRE	4	Sold	18	COL	$642,000
231	BOGERT	5	Sold	70	COL	$643,000
184	KATHERINE	3	Sold	65	COL	$767,500
227	MCKINLEY	5	Sold	24	RANCH	$830,000

* For Ridgewood homes marked Active, Attorney Review or Under Contract "Price" refers to
the list price. For homes marked Sold, "Price" refers to the final sale price.

Click Here to Subscribe to The Ridgewood Front Porch

Click below to view the original article:

Ridgewood Home Sales Report - A Week of Lucky 7's (Aug. 8th - 14th)

Ridgewood Real Estate Update - Smooth Transactions and a Dumb Question (Aug. 1st - Aug. 7th)

Aloysius Donohue - Ridgewood Real Estate (Marron Gildea & Donohue - Ridgewood) — Thu, 22 Oct 2009 19:35:21 -0500

How Many Days Does the 3 Day Attorney Review Period Last?

Nope. You are wrong. Read On.

3 Days?

Ridgewood Sees Some Green Shoots

The real estate industry has recently begun to see some "green shoots" and Ridgewood is doing significantly better than the national average - by almost every metric. One by-product of the difficult real estate market is that the transactions themselves have become more difficult for both buyers and sellers. This is reflected in transactions taking longer to complete the "attorney review" process, more contentious negotiations over home inspection issues and, in some cases, in deals just completely falling apart.

So, I was delighted to see that of the 5 Ridgewood Homes that entered the Attorney Review phase, in the 7 day period covered in this report, 4 have already moved to the "Under Contract" phase. This means that the buyers, sellers and their attorneys have approved the contracts and have agreed to move forward. This may not sound impressive becuase most folks think the 3 Day Attorney Review period actually lasts 3 days but that is where they are wrong. Once both sides engage an attorney things can last much longer. Click here for a full explanation of the Attorney Review Period.

Ridgewood Real Estate Transactions - August 1st - August 7th

Click Here to view the details on all homes listed below.

7 new listings.
5 homes marked as being in "attorney review" (4 of which moved to Under Contract)
8 homes went under contract.
5 homes were sold.

Street #	Street Name	Bedrooms	Status	Days on Market	2008 Taxes	Home Style	Price*
687	ELLINGTON	3	Active	6	$7,982	C/C	$445,900
274	GLEN	4	Active	8	$7,450	C/C	$469,000
678	SPRING	3	Active	10	$9,752	RANCH	$595,000
230	HILLCREST	3	Active	10	$10,117	COL	$659,900
43	GLEN	4	Active	5	$13,166	COL	$675,000
441	ALPINE	4	Active	6	$12,328	COL	$779,000
729	MARY ANN	5	Active	4	$20,813	COL	$1,135,000
416	COLWELL	4	Attorney Review	13	$11,332	RANCH	$559,000
11	MONROE	2	Under Contract	121	$8,429	COL	$349,900
481	GROVE	4	Under Contract	11	$9,160	C/C	$428,800
469	GEORGE	3	Under Contract	99	$10,289	S/L	$549,000
530	BENNINGTON	3	Under Contract	107	$9,600	RANCH	$595,000
374	VAN EMBURGH	5	Under Contract	385	$13,913	COL	$649,900
78	RIDGE	5	Under Contract	140	$13,783	COL	$798,000
353	BOGERT	4	Under Contract	50	$12,626	COL	$809,000
489	COLONIAL	6	Under Contract	172	$16,851	COL	$839,900
239	CLAREMONT	4	Under Contract	44	$16,053	COL	$875,000
286	MAPLE	5	S	17	$8,434	RANCH	$520,000
150	HOPE	4	S	304	$9,819	COL	$515,000
420	HILLCREST	3	S	144	$10,794	S/L	$565,000
161	VALLEY VIEW	3	S	17	$12,657	COL	$698,000
226	BEECHWOOD	5	S	142	$20,919	COL	$915,000

* For Ridgewood homes marked Active, Attorney Review and Under Contract "Price" refers to the list price. For homes marked Sold, "Price" refers to the final sale price.

Related Articles

This Week in Ridgewood Real Estate: July 25th - 31st

New Jersey Home Sales Rise for Sixth Month In a Row

Ridgewood Real Estate Update (July 18 - July 24) - The Trade-Up Buyer is Back

----------

About Al Donohue

Al Donohue heads up Marron Gildea & Donohue's Ridgewood office and is one of the top agents in Bergen County.

Click below to view the original article:

Ridgewood Real Estate Update - Smooth Transactions and a Dumb Question (Aug. 1st - Aug. 7th)

Video - If Geithner Can't Sell His Own Home, Do You Really Think He Can Save the Economy?

Aloysius Donohue - Ridgewood Real Estate (Marron Gildea & Donohue - Ridgewood) — Wed, 21 Oct 2009 21:13:36 -0500

Treasury Secretary Timothy Geithner Bought his Home at the Peak of the Market in 2004 and Doesn't Understand Why He Can't Sell It for More Today...Uh Oh.

According to this very funny video, from The Daily Show, Tim Geithner purchased his home at the 2004 market peak for $1.6 Million and has now listed it for $1.635 million. Even folks without his financial background know that the real estate market has come down considerably in that time. Anyway, check out the video. Pretty funny.

The Daily Show With Jon Stewart

Mon - Thurs 11p / 10c

Home Crisis Investigation

www.thedailyshow.com

Daily Show
Full Episodes

Political Humor

Health Care Crisis

Click here to view original post:

Video - If Geithner Can't Sell His Own Home, Do You Really Think He Can Save the Economy?

Preserve Graydon Coalition Makes Presence Known at Ridgewood Meeting

Aloysius Donohue - Ridgewood Real Estate (Marron Gildea & Donohue - Ridgewood) — Wed, 21 Oct 2009 21:09:52 -0500

Graydon Pool Preservationists Show Up En Masse at Ridgewood Village Council Session

Graydon Pool Ridgewood NJ

The supporters of the Preserve Graydon Coalition (PGC) showed up in force this week at a Village Meeting sporting "Preserve Graydon" stickers. By most accounts, the meeting featured lively discussion with supporters of both factions (PGC and Ridgewood Pool Project) making strong points.

Below are a couple excerpts from Michael Sedon's coverage in the Ridgewood News.

"The people here tonight are only a small sample of the hundreds and hundreds of supporters we have gathered in just two weeks," said Susanne Kelly, co-chair of the PGC. "This includes seniors and young families."

"The fact of the matter is there's a financial imperative, there's a health imperative," Aronsohn said. "Ladies and gentlemen, we need to move forward, [and] we need to move forward with civility. All voices, all people have a seat at the table."

Click here to read the full article.

Related Graydon Pool Articles

Ridgewood's Graydon Pool Project: Blessing or Boondoggle?

The Preserve Graydon Coalition holds their first meeting

Click below to view the original article

Preserve Graydon Coalition Makes Presence Known at Ridgewood Meeting

Ridgewood's Graydon Pool Project: Blessing or Boondoggle?

Aloysius Donohue - Ridgewood Real Estate (Marron Gildea & Donohue - Ridgewood) — Wed, 21 Oct 2009 20:48:44 -0500

Is the Old Graydon Pool Safe? Will the New Pool Project Lead Ridgewood Down a Path to Financial Ruin?

Fox News Says "We Report - You Decide". My tag-line on this subject would be more like... "I Vacillate - You Decide".

I Love Graydon Pool the Way it Is!

Whether the Pool Project is a Blessing or Boondoggle depends largely on who you ask. We have a town divided. I am a Ridgewood Resident with two young children and our family goes to Graydon. I always liked the idea of the sand bottom and the natural look and feel of Graydon. It made our pool different and more fun. And, of course, I don't love the idea of our town making a huge investment during these uncertain financial times. If you love Graydon the way it is be sure to visit the Preserve Graydon Coalition Site.

The New Ridgewood Pool Project is a Great Idea!

Clearly I am confused and probably confusing you in the process. If I love Graydon the way it is, how can the Ridgewood Pool Project be a great idea? Well...after reading the Ridgewood Pool Project Report and talking to one of the co-chairs I think I was swayed to the dark side, or the right side, depending on your vantage point. Click here to view the full PDF version of the Ridgewood Pool Project July 2009 Report. It seems like the facts below are irrefutable or at least I am told they are. So much for doing my own research. Anyway, being a paranoid concerned parent and a bit of a germaphobe this sentence from the report was the clincher. "Graydon is allowed to have roughly 200 times the bacteria count of a traditional pool". At least until I run into an anti-Pool Project person who convinces that me that the additional tax burden will be much more scary than the germs.

Below is a bit more detailed info from the supporters of the Ridgewood Pool Project

FACTS ABOUT GRAYDON POOL AND THE RIDGEWOOD POOL PROJECT

1. Membership at Graydon has fallen 70 percent in ten years. Where towns like Glen Rock have 40 percent of its residents join the pool, Ridgewood now has only 7 percent. Hundreds of Ridgewood families now belong to other traditional pool facilities, with Indian Trail Club, Saddle River Valley Swim Club, Paramus Pool and Stony Brook in Hillsdale being the most popular.

2. The Ridgewood Pool Project (RPP) is not a special interest group- it was formed through Village Parks & Recreation and is officially advised by several senior Village staff members. It initially started with a neutral, research-based approach, and its mission assigned by Village Council in 2006 was to find out why residents are leaving Graydon and what will bring them back. The RPP began advocating for a pool renovation once the research was complete and showed overwhelmingly that this was the only approach that would restore Graydon to a community gathering place for current and future generations.

3. Following an EPA ruling, the Village is no longer allowed to use any chemicals to disinfect the water at Graydon. Although the pond passes all of its water tests and is deemed perfectly healthy by the State, the standards for bacteria levels in the water are much lower than those for swimming pools. In essence, Graydon is allowed to have roughly 200 times the bacteria count of a traditional pool.

4. Research indicates that many residents - particularly young families, who make up nearly half of the Village population and are essential to restoring membership levels - indicate they will only return to Graydon if it becomes a traditional, cement-bottom pool (although they do want to keep a unique, natural looking feel). The reasons are: they want the swimming water to be disinfected, and they want to be able to see children under the water. Meetings with DEP officials in 2008 confirmed that as long as Graydon is a pond, it cannot be disinfected.

5. Following a concept from a pool designer that was too commercial looking, the RPP had resident and architect Nicole Walla provide a rendering that marries modern pool design with the natural beauty and nostalgia of Graydon (http://ridgewoodpoolproject.googlepages.com/newdesignconcept). The design provides for a separate, sizeable pond at the corner of Linwood and Maple, which is intended to be ornamental but could be swimmable if there is resident interest.

6. There are absolutely no official cost estimates for the new design concept. Though the original design was quoted at $13.9 million and a revised number of $10 million has been circulating, the RPP has absolutely no confirmation of this number and will not have that information available until the Village RFP process is completed later this year. Regardless, the RPP is confident, based on its research, that a new facility can be self-funding and self-sustaining through membership fees.

The Ridgewood Pool Project is not without its Detractors

Just ask the folks at the The Preserve Graydon Coalition...

"Founded in July 2009, the Coalition is dedicated to retaining the unique character of Ridgewood's historic Graydon Park, including its large, open swimming area, center rafts, and extensive sandy beaches. We provide accurate information about Graydon's safe, clean water. We enlist the support of residents who love Graydon and would deplore its loss to a concrete-based facility with a much smaller pool."

The folks at the Preserve Graydon Coaltion say The Water is Clearer - If You Take the Time To Look

So...Can I borrow your opinion on this debate while still finalizing my own? What do you think? Blessing? Boondoggle? Mix of both?

If you would like more info on this ongoing debate see the links below:

Preserve Graydon Coalition Makes Presence Known at Ridgewood Meeting

The Preserve Graydon Coalition holds their first meeting

CEO for Graydon ?

Graydon: Is that a problem we should spend $10 million on to solve?

Click below to view the original article:

Ridgewood's Graydon Pool Project: Blessing or Boondoggle?

New Jersey Home Sales Rise for Sixth Month In a Row

Aloysius Donohue - Ridgewood Real Estate (Marron Gildea & Donohue - Ridgewood) — Wed, 21 Oct 2009 20:46:10 -0500

National Housing Numbers are Looking Good...NJ is Looking Better

This latest news is on top of positive news on building permits, housing starts and national home prices.

Now is a great time to consider entering the market:

Interest rates are still near all-time lows.
Affordability is high.
Prices are starting to climb.

Consider what Jeffrey Otteau, New Jersey's real estate valuation guru, had to say this week about the local NJ real estate market.

"With evidence mounting that the national housing market is beginning to show signs of life, New Jersey is experiencing a stronger recovery pace than the rest of the nation. To illustrate this, consider that national existing home sales rose in June for the 3rd consecutive month marking the first time this has occurred since 2004. In New Jersey however, home sales have now risen for 6 straight months which last occurred back in 2003 in the midst of a home buying frenzy fueled by the sub-prime lending boom."

Related Articles

Ridgewood Real Estate Update (July 18 - July 24) - The Trade-Up Buyer is Back

Mortgage Applications, Building Permits and Housing Starts All Rise

Ridgewood NJ Continues to Draw Down Its Real Estate Inventory - July 11-17

Click below to view original article

New Jersey Home Sales Rise for Sixth Month In a Row

This Week in Ridgewood Real Estate: July 25th - 31st

Aloysius Donohue - Ridgewood Real Estate (Marron Gildea & Donohue - Ridgewood) — Wed, 21 Oct 2009 20:42:50 -0500

This Week's Ridgewood Home Sales Triple Last Week's Numbers...

...and are more than double from the week before that. This week 15 Ridgewood Homes closed versus 5 last week and 7 the week before that. These numbers bounce around from week to week but we are definitley seeing an upward trend.

Ridgewood Real Estate Transactions for the Week

Summary - Click Here for Full Details on All Homes Below
5 new listings.
5 homes marked as being in "attorney review".
6 homes went under contract.
15 homes were sold.

* For Ridgewood homes marked New, Attorney Review and Under Contract "Price" refers to the list price. For homes marked Sold, "Price" refers to the final sale price.

Street #	Street Name	BR	Status	Days on Market	2008 Taxes	Style	Price
481	GROVE	4	New	6	$9,160	C/C	$428,800
416	COLWELL	4	New	5	$11,123	RANCH	$559,000
576	NORTHERN	4	New	8	$10,014	S/L	$599,000
554	MORNINGSIDE	3	New	7	$11,500	RANCH	$749,900
237	DEMAREST	5	New	4	$18,639	COL	$1,139,000
469	GEORGE	3	Attorney Review	98	$10,289	S/L	$549,000
111	CLAREMONT	4	Attorney Review	69	$15,658	COL	$699,000
353	BOGERT	4	Attorney Review	46	$12,626	COL	$809,000
1081	HILLCREST	4	Attorney Review	69	$11,610	COL	$875,000
136	MONROE	4	Attorney Review	11	$14,707	COL	$1,097,000
80	PERSHING	3	Under Contract	19	$8,674	C/C	$425,000
620	GLEN	4	Under Contract	159	$9,070	C/C	$450,000
273	GLEN	4	Under Contract	44	$10,708	COL	$545,000
252	GLEN	5	Under Contract	160	$13,028	COL	$739,000
14	MAYNARD	5	Under Contract	84	$21,636	COL	$1,295,000
350	HIGHLAND	6	Under Contract	21	$27,451	COL	$1,829,000
169	MCKINLEY	3	Sold	86	$10,470	S/L	$450,000
260	HIGHWOOD	3	Sold	60	$9,416	COL	$575,000
314	VESTA	3	Sold	25	$8,984	C/C	$569,000
557	LYNN	3	Sold	24	$10,004	S/L	$590,000
338	IRVING	3	Sold	9	$11,980	COL	$605,000
796	NEWCOMB	3	Sold	50	$12,480	COL	$635,000
117	JOHN	4	Sold	75	$11,016	COL	$625,000
310	EASTBROOK	4	Sold	59	$13,908	COL	$670,000
104	IRVING	4	Sold	13	$13,694	COL	$796,000
372	IRVING	4	Sold	25	$13,029	COL	$820,000
376	GLENWOOD	4	Sold	23	$14,552	C/C	$785,000
220	BEECHWOOD	5	Sold	36	$17,901	COL	$935,000
727	HILLCREST	5	Sold	115	$17,231	COL	$1,100,000
89	WOODLAND	4	Sold	23	$24,918	COL	$1,250,000
185	SPENCER	4	Sold	20	$19,665	COL	$1,299,900

Related Articles

Ridgewood Real Estate Update (July 18 - July 24) - The Trade-Up Buyer is Back

Mortgage Applications, Building Permits and Housing Starts All Rise

Ridgewood NJ Continues to Draw Down Its Real Estate Inventory - July 11-17

Click below to view the original article:

This Week in Ridgewood Real Estate: July 25th - 31st

Huge News - Housing Prices Rise for the First Time in Nearly 3 Years

Aloysius Donohue - Ridgewood Real Estate (Marron Gildea & Donohue - Ridgewood) — Wed, 21 Oct 2009 20:40:31 -0500

Case-Shiller Reported Today that the Price of U.S. Homes Rose for the First Time in 3 Years

Click here to view video

The month-over-month sales increase, from April to May, was .5 percent (the index lags by 2 months). It was the 1st increase in the index since July 2006. While 0.5 percent may not sound like much, consider that this would equate to a 6 percent increase on an annual basis if these numbers were to hold up for the next 12 months. That would be a huge turnaround.

This is great news for Ridgewood Real Estate and for the overall housing market. And also for the US economy in general. The Case-Shiller report is no joke. It may be the most respected and widely referenced data source for housing news. This report comes on the heels of other good news on new home sales, housing starts, housing permits, etc.

Sam Zell was quoted on the CNBC website today saying "After posting three straight months of positive data, the residential real estate market has reached an equilibrium where prices will stop falling..."

Obviously, things can change day to day but all of this good news coupled with what I am seeing locally here in the Ridgewood Market leads me to believe we are seeing a bottom. How sharp the uptick will be reamains to be seen but it is great to hear some positive news on the housing front - for a change.

Related Articles

Mortgage Applications, Building Permits and Housing Starts All Rise

Ridgewood Real Estate Update (July 18 - July 24) - The Trade-Up Buyer is Back

Click below to view original article

Huge News - Housing Prices Rise for the First Time in Nearly 3 Years

-------------

About Al Donohue

Al Donohue heads up Marron Gildea & Donohue's Ridgewood office and is one of the top agents in Bergen County.

Ridgewood Real Estate Update (July 18 - July 24) - The Trade-Up Buyer is Back

Aloysius Donohue - Ridgewood Real Estate (Marron Gildea & Donohue - Ridgewood) — Wed, 21 Oct 2009 20:36:53 -0500

5 Ridgewood Homes Sold This Week and the Average Sale Price Was $948,500 - Who are these people?

The Old Story: First Time Home Buyers

Lately we have seen a pick-up in activity in lower priced homes with some homes getting 5 or more offers and selling for significantly over their asking price...remember 2004? The theory is that first-time home buyers are jumping in with both feet because of the first time home buyer credit and because they don't have homes to sell and thus they don't have to deal with the pain of taking a loss on the sale their existing homes as many trade-up and trade-down buyers do.

The New Story: Trade-Up Buyers

As mentioned above, the average sale price of a Ridgewood Home this week was $948,500. Additionally, the average list price of the 6 homes that went into Attorney Review this week was $961,833. Either we have some very wealthy first time home buyers or we are starting to see the return of the trade-up buyer. I know one week does not a trend make but these numbers are certainly encouraging - at least to me.

Ridgewood Real Estate Transactions for the Week

Summary
4 new listings.
6 homes marked as in "attorney review".
4 homes went under contract.
5 homes were sold.

Street #	Street Name	Bedrooms	Status Change	Days on Market	2008 Taxes	Style	Price*
514	VAN DYKE	4	New	9	$13,317	COL	$599,000
341	FRANKLIN	4	New	7	$11,046	COL	$649,900
136	MONROE	4	New	4	$14,707	COL	$1,097,000
402	HIGHLAND	6	New	5	$29,075	COL	$1,495,000
474	GROVE	3	Attorney Review	62	$11,127	C/C	$399,000
620	GLEN	4	Attorney Review	154	$9,070	C/C	$450,000
435	GLEN	5	Attorney Review	75	$13,417	COL	$799,000
14	MAYNARD	5	Attorney Review	83	$21,636	COL	$1,295,000
350	HIGHLAND	6	Attorney Review	20	$27,451	COL	$1,829,000
633	DORIS	2	Under Contract	35	$8,559	RANCH	$449,900
431	FAIRFIELD	3	Under Contract	54	$9,188	COL	$499,000
243	CIRCLE	3	Under Contract	57	$9,338	COL	$579,000
333	JEFFERSON	4	Under Contract	62	$17,628	CONTP	$1,099,000
615	SPRING	3	Sold	17	$11,204	COL	$590,000
25	MCGUIRE	4	Sold	54	$17,102	COL	$830,000
48	SHERWOOD	4	Sold	80	$16,798	COL	$900,000
580	KNOLLWOOD	5	Sold	64	$21,339	COL	$960,000
862	HILLCREST	5	Sold	7	$23,443	COL	$1,462,500

* For homes marked Active, Attorney Review and Under Contract "Price" refers to the list price. For homes marked Sold, "Price" refers to the final sale price.

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.

Click below to view original article:

Ridgewood Real Estate Update (July 18 - July 24) - The Trade-Up Buyer is Back

Ridgewood Vehicle Co. Named Best Auto Body Shop in Bergen County

Aloysius Donohue - Ridgewood Real Estate (Marron Gildea & Donohue - Ridgewood) — Wed, 05 Aug 2009 14:11:45 -0500

Ridgewood Vehicle, on S. Broad St. in Ridgewood, Named Best Body Shop by 201 Magazine

Deirdre Ward, 201's Social Editor, says Ridgewood Vehicle is her one-stop motor shop when it comes to auto service and repairs. She says she is a repeat customer and has 5 drivers and 4 cars in her family so she is no stranger to fender-benders. She counts on Ridgewood Vehicle's Ken Montick and his team to do a great job every time whether they are doing repairs, painting, body work, alignment or some other service.

Ward says Ken's team offers competitive pricing and great turnaround time. She says, "They are so good I recommend them to everyone."

Related Ridgewood Articles

Ridgewood's Office Beer Bar and Grill Named Best Sports Bar in Bergen County

Ridgewood's Country Pancake House Serves the Best Breakfast in Bergen County

Parking in Ridgewood NJ - The Train Station, Downtown, Meters, Permits and More

Ridgewood's Van Dyke's Ice Cream Named Best in Bergen County

Brooklyn's Brick Oven Pizzeria, in Ridgewood NJ, Named Best Pizza in Bergen County

Click Here to Subscribe to The Ridgewood Front Porch

Click below to view the original article

Ridgewood Vehicle Co. Named Best Auto Body Shop in Bergen County

Mortgage Applications, Building Permits and Housing Starts All Rise

Aloysius Donohue - Ridgewood Real Estate (Marron Gildea & Donohue - Ridgewood) — Wed, 05 Aug 2009 14:07:05 -0500

Single Family Housing Starts Rose 14.4 Percent in June and Mortgage Applications Rose by 2.8 Percent Last Week

Mortgage Applications

CNBC reports that the Mortgage Bankers Association's loan application index rose by a seasonally adjusted 2.8% to 528.9 last week, in spite of the fact that 30 year mortgage rates rose by roughly one-quarter percentage point to 5.31 %". Click here for the full story.

Housing Starts

According to Mark Vitner, an economist at Wells Fargo, single-family housing starts have risen for 4 consecutive months. He says "The springtime is arguably the most important time of the year for homebuilders so this increase reflects an actual improvement in real activity, not simply a statistical improvement due to overly active seasonal adjustment."

Building Permits

The third leg of this "good news stool" is the fact that building permits increased 8.7 percent in June which was ahead of most analysts expectations.

-----

Aloysius Donohue is Ridgewood Resident with two 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 below to view the original article

Mortgage Applications, Building Permits and Housing Starts All Rise

Ridgewood NJ Continues to Draw Down Its Real Estate Inventory - July 11-17

Aloysius Donohue - Ridgewood Real Estate (Marron Gildea & Donohue - Ridgewood) — Wed, 05 Aug 2009 14:03:35 -0500

Enouraging Signs Aboud for Ridgewood Real Estate

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

Street Number	Street Name	Street Mode	Current Price	BR	Status
243	VAN EMBURGH	AVE	$377,000	2	A
615	KENWOOD	RD	$799,900	5	A
489	COLONIAL	RD	$839,900	6	A
239	CLAREMONT	RD	$875,000	4	A
234	GARDNER	RD	$899,000	3	A
581	UPPER	BLVD	$959,000	3	A
560	KNOLLWOOD	RD	$999,000	4	A *
146	PHELPS	RD	$1,899,950	6	A
514	VAN DYKE	ST	$599,000	4	W U

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 view the original article

Ridgewood NJ Continues to Draw Down Its Real Estate Inventory - July 11-17

Glen Rock Featured Home - 74 Central Avenue

Aloysius Donohue - Ridgewood Real Estate (Marron Gildea & Donohue - Ridgewood) — Wed, 05 Aug 2009 14:01:25 -0500

Charming, Completely Rennovated Home on Glen Rock's Most Sought After Street - Reduced to $935,000

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^ndfloor bedroom, hardwood floors, intricate architectural detail and classic neutral décor.

Attention Ridgewood Home Buyers: Use the Tax Credit Now Or Risk Losing It

Aloysius Donohue - Ridgewood Real Estate (Marron Gildea & Donohue - Ridgewood) — Wed, 05 Aug 2009 13:59:26 -0500

The clock is ticking for Ridgewood Home Buyers...tic...toc.

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:

Your gross income needs to be below $95k for singles and $170k for folks filing jointly.
You are not eligible if you have owned a home in the last 36 months.
You cannot purchase the property from a member of your family.
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

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

Click Here to Subscribe to The Ridgewood Front Porch

Click here to view the original article

Attention Ridgewood Home Buyers: Use the Tax Credit Now Or Risk Losing It

Ridgewood NJ Real Estate Report: Multiple Bids? Over Asking Price Offers?

Aloysius Donohue - Ridgewood Real Estate (Marron Gildea & Donohue - Ridgewood) — Wed, 15 Jul 2009 19:50:43 -0500

Nineteen Ridgewood Homes Sold Over Past Three Weeks and Twenty Two Went "Under Contract"

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

Street Number	Street Name	Price	# Bedrooms
715	NEWCOMB	$355,000	4
623	DELAWARE	$390,000	4
384	PLEASANT	$432,000	4
238	WALNUT	$420,000	3
434	BOGERT	$459,000	2
571	SHELTON	$530,000	3
121	UNDERCLIFF	$535,000	4
243	OAK	$570,000	3
319	FRANKLIN	$570,000	5
231	JEFFER	$575,000	3
352	CARLTON	$640,000	3
47	WALTHERY	$615,000	3
821	ARROW	$640,000	4
619	WESTBROOK	$699,000	5
127	HILL	$764,000	4
250	MULBERRY	$792,000	4
314	BOGERT	$826,000	5
344	CEDAR	$800,000	5
149	SUNSET	$1,323,000	4

Ridgewood Homes Marked as "Under Contract" in the June 20th - July 10th Period

Street Number	Street Name	List Price	# Bedrooms
101	HOPE	$449,900	3
419	QUACKENBUSH	$454,000	3
262	STEILEN	$495,000	3
244	CANTERBURY	$519,000	3
23	ETHELBERT	$519,000	3
612	WYNDEMERE	$519,900	3
314	VESTA	$589,000	3
390	BERKSHIRE	$629,000	4
220	PLEASANT	$650,000	4
231	BOGERT	$665,000	5
127	HIGHLAND	$689,000	3
328	PEARSALL	$699,000	3
310	EASTBROOK	$699,999	4
474	LINWOOD	$720,000	4
244	BOGERT	$789,000	5
164	GRANT	$799,000	3
897	HILLCREST	$799,000	5
376	GLENWOOD	$799,999	4
30	HILLSIDE	$945,000	4
483	BEVERLY	$949,000	4
143	SUNSET	$1,475,000	5
480	KNOLLWOOD	$2,195,000	6

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.

Click below to view the original article:

Ridgewood NJ Real Estate Report: Multiple Bids? Over Asking Price Offers?

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

Aloysius Donohue - Ridgewood Real Estate (Marron Gildea & Donohue - Ridgewood) — Wed, 15 Jul 2009 19:39:52 -0500

Strong Week for Ridgewood Real Estate

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.

New Ridgewood Home Listings

Street Number	Street Name	# BR's	Style	Price
633	DORIS	2	RANCH	$462,500
315	WALTHERY	2	RANCH	$518,000
273	GLEN	4	COL	$545,000
127	HIGHLAND	3	S/L	$689,000
241	PROSPECT	5	COL	$1,449,000
353	BOGERT	4	COL	$809,000

Ridgewood Properties in Attorney Review
Street Number	Street Name	# BR's	Style	Price
244	CANTERBURY	3	RANCH	$519,000
550	VAN BUREN	3	S/L	$529,000
353	BOGERT	4	COL	$809,000
314	VESTA	3	C/C	$589,000
530	BENNINGTON	3	RANCH	$595,000
231	BOGERT	5	COL	$665,000
127	HIGHLAND	3	S/L	$689,000
328	PEARSALL	3	COL	$699,000
164	GRANT	3	COL	$799,000
897	HILLCREST	5	COL	$799,000

Ridgewood Homes Under Contract
Street Number	Street Name	# BR's	Style	Price
485	FRANKLIN	3	COL	$594,999
439	HILLCREST	3	COL	$649,000
167	PLEASANT	3	C/C	$659,000
489	COLONIAL	6	COL	$854,900
580	KNOLLWOOD	5	COL	$1,150,000
356	GRAYDON	5	COL	$1,399,000

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.

More Ridgewood Homes Go Under Contract or into Attorney Review...

Ridgewood Home Sales Report - May 29th

Click Here to Subscribe to The Ridgewood Front Porch

Click Below to View the Original Article

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

More Ridgewood Homes Go Under Contract or into Attorney Review...

Aloysius Donohue - Ridgewood Real Estate (Marron Gildea & Donohue - Ridgewood) — Fri, 19 Jun 2009 07:42:46 -0500

...Than Are Newly Listed. This is a Good Sign for Ridgewood Real Estate.

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.

Click below to view the original article:

More Ridgewood Homes Go Under Contract or into Attorney Review...

Click Here to Subscribe to The Ridgewood Front Porch

DeSena Earns Marron Gildea & Donohue Agent of the Month Award

Aloysius Donohue - Ridgewood Real Estate (Marron Gildea & Donohue - Ridgewood) — Fri, 19 Jun 2009 07:40:03 -0500

Debra DeSena was named Associate of the Month for the Ridgewood office, a Marron Gildea & Donohue spokesperson announced today.

"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.

Click below to view the original article:

DeSena Earns Marron Gildea & Donohue Agent of the Month Award

Nancy DeFeo Joins Marron Gildea & Donohue - Ridgewood

Aloysius Donohue - Ridgewood Real Estate (Marron Gildea & Donohue - Ridgewood) — Fri, 19 Jun 2009 07:38:05 -0500

Nancy DeFeo joined Marron Gildea & Donohue's rapidly expanding Ridgewood office, a company spokesperson announced today.

"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.

Click below to view the original article.

Nancy DeFeo Joins Marron Gildea & Donohue - Ridgewood

Weekly Ridgewood Real Estate Round Up - May 22nd

Aloysius Donohue - Ridgewood Real Estate (Marron Gildea & Donohue - Ridgewood) — Mon, 25 May 2009 19:07:49 -0500

Very Busy Week in Ridgewood Real Estate - 13 Ridgewood Properties Go Under Contract

It was a very positive week in Ridgewood Real Estate for two reasons.

1. The number of Ridgewood Homes that went under contract and into attorney review were sharply higher than the week before.
2. The average price of homes sold increased from $534,498 to $810,222. Obviously, with the small sample size these numbers jump around from week to week but we are finally starting to see some of the more expensive homes selling whereas earlier in the year it was mainly the starter homes that were moving.

Here’s a brief summary of the week’s activity…

13 Properties went “Under Contract”.
19 New Properties were listed (10 for sale, 9 for rent).
14 Properties were marked as being in “Attorney Review”.
4 Properties were Sold at an average price of $810,222.
There were 15 price changes.

Sold Properties

Street Number	Street Name	Sale Price
953	ANDOVER	$ 465,000
362	VAN EMBURGH	$ 477,000
24	PHELPS	$ 530,000
487	EASTGATE	$1,325,000

New “For Sale” Home/Condo Listings

Street Number	Street Name	Current Price
485	FRANKLIN	$ 594,999
346	MONROE	$ 639,000
474	LINWOOD	$ 720,000
1025	HILLCREST	$ 779,000
372	IRVING	$ 799,000
333	JEFFERSON	$ 1,099,000
456	HEIGHTS	$ 1,350,000
80	CREST	$ 1,695,000
137	PHELPS	$ 2,495,000
374	RIDGEWOOD	$ 349,000

“The properties above 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 16th through May 22nd.

Top Ten Reasons to Relocate to Ridgewood New Jersey

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

Ridgewood Makes List of Top 10 NJ Housing Markets - Train Station a Big Factor

Click Below to view the original article:

Weekly Ridgewood Real Estate Report - May 22nd

Kathy Lops Named Ridgewood Agent of the Month

Aloysius Donohue - Ridgewood Real Estate (Marron Gildea & Donohue - Ridgewood) — Mon, 25 May 2009 19:04:38 -0500

Marron Gildea & Donohue Names Kathy Lops Associate of the Month

“This is the second time Kathy has won the Associate of the Month award and she has been with us less than a year,” said Aloysius Donohue, a managing partner at the firm. “Kathy’s success does not surprise me one bit. She works hard, she is always upbeat and she has a thorough knowledge of the local real estate market.”

A native New Englander, Kathy attended Lafayette College in Pennsylvania. Upon graduation, she pursued a career in sales and marketing at leading financial institutions across the globe, from Boston and New York to Sydney, Australia. Kathy frequently draws on skills learned in the corporate world in her work as an effective real estate professional.

Kathy and her husband have lived in Ridgewood for nearly a decade and have two elementary school-aged children. She is an active member of numerous community organizations as well as the public school system.

Lops seems to take the awards and accolades in stride and prefers to credit her company, clients and coworkers for her success. “The management and agents here really work as a team and they have helped me so much since I joined the MGD family,” said Lops. “I’ve also been lucky to work with some incredibly wonderful clients who continue to refer their friends and family to me.” Lops says the market continues to be challenging but notes a recent upswing in the number of clients looking at homes and making offers. She is looking forward to a busy Spring.

Related Articles

LOPS NAMED MARRON GILDEA & DONOHUE NOVEMBER ASSOCIATE OF THE MONTH

Priscilla “Bitsie” Reynolds Joins Marron Gildea & Donohue’s Ridgewood Team

JENNIFER HENDERSON JOINS MARRON GILDEA & DONOHUE

Clicke below to view the original article

Kathy Lops Named Ridgewood Agent of the Month

Glen Rock New Construction - Under $1,000,000

Aloysius Donohue - Ridgewood Real Estate (Marron Gildea & Donohue - Ridgewood) — Mon, 25 May 2009 18:58:23 -0500

Aloysius Donohue | Marron Gildea & Donohue Realtors | 201-906-3287

387 Doremus Avenue, Glen Rock, NJ

BEAUTIFUL NEW CONSTRUCTION

4BR/2.5BA Single Family House

offered at $980,000

Year Built	2008
Sq Footage	4,092
Bedrooms	4
Bathrooms	2 full, 1 partial
Floors	2
Parking	Unspecified
Lot Size	23,330 sqft
HOA/Maint	$0 per month

DESCRIPTION

Why buy used? When for the same price you can own this magnificent new home - complete with 10 year new home warranty. This home is flanked by two brand new homes that recently sold in the million dollar range. All three homes were built by a local builder with an impeccable reputation for the highest quality craftsmanship. There is still time to have the home finished exactly the way you would like but if you wait much longer there will be someone else's name on the mailbox. The residence combines old-world opulence and architectural detail with every conceivable modern convenience. The home features a handsome front porch, formal living room, family room with fireplace, custom kitchen by Grainview design, formal dining room, large master suite with incredible spa-like master bath and too many additional details to mention here. See attached photos to get a sense of the high-quality construction in the two adjacent homes completed by the builder of this home.

see additional photos below

ADDITIONAL PHOTOS

Photo 1

Contact info:

Aloysius Donohue

Marron Gildea & Donohue Realtors

201-906-3287

For sale by agent/broker

Equal Opportunity Housing

Posted: May 19, 2009, 11:24am PDT

Ridgewood Real Estate Blog

Ridgewood Restaurant Recognized for Best Thai Food

Ridgewood Home Sales - Strong Late Summer/Early Fall

New York Times Take on Ridgewood's Graydon Pool Debate

Ridgewood Home Sales Report - A Week of Lucky 7's (Aug. 8th - 14th)

Ridgewood Real Estate Update - Smooth Transactions and a Dumb Question (Aug. 1st - Aug. 7th)

Video - If Geithner Can't Sell His Own Home, Do You Really Think He Can Save the Economy?

Preserve Graydon Coalition Makes Presence Known at Ridgewood Meeting

Ridgewood's Graydon Pool Project: Blessing or Boondoggle?

New Jersey Home Sales Rise for Sixth Month In a Row

This Week in Ridgewood Real Estate: July 25th - 31st

Huge News - Housing Prices Rise for the First Time in Nearly 3 Years

Ridgewood Real Estate Update (July 18 - July 24) - The Trade-Up Buyer is Back

Ridgewood Vehicle Co. Named Best Auto Body Shop in Bergen County

Mortgage Applications, Building Permits and Housing Starts All Rise

Ridgewood NJ Continues to Draw Down Its Real Estate Inventory - July 11-17

Glen Rock Featured Home - 74 Central Avenue

Attention Ridgewood Home Buyers: Use the Tax Credit Now Or Risk Losing It

Ridgewood NJ Real Estate Report: Multiple Bids? Over Asking Price Offers?

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

More Ridgewood Homes Go Under Contract or into Attorney Review...

DeSena Earns Marron Gildea & Donohue Agent of the Month Award

Nancy DeFeo Joins Marron Gildea & Donohue - Ridgewood

Weekly Ridgewood Real Estate Round Up - May 22nd

Very Busy Week in Ridgewood Real Estate - 13 Ridgewood Properties Go Under Contract

It was a very positive week in Ridgewood Real Estate for two reasons.

Sold Properties

New “For Sale” Home/Condo Listings

“The properties above 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 16th through May 22nd.

Related Posts

Weekly Ridgewood Real Estate Report - May 22nd

Kathy Lops Named Ridgewood Agent of the Month

Kathy Lops Named Ridgewood Agent of the Month

Glen Rock New Construction - Under $1,000,000