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area Market Report For Riverdale Boro., NJ August 2007

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Real Estate Agent with Juba Team Realty

Area Market Report For Riverdale Boro., NJ August 2007

Information Compiled by Gary J Rocks, WERNER REALTY OF Sussex County.

During the month of August 2007 there were 5 newly marketed properties with an average asking price of $628,939.00 the lowest priced property is a first floor condo in an adult community with 4 rooms and 1 bedroom with 1 bath and is asking $299,900.00. The highest priced property is asking $1,600,000.00 a 7 room home with 3 bedrooms 2 baths and 2 car garage in a commercially zoned area.

One property was reported as "UC" under contract thank you very much! a nine room ranch with 4 bedrooms 2.5 baths and a 2 car garage with an asking price of $412,000.00

Seven properties were reported as Sold with an average asking price of $364,641.00 and an actual average sold price of $352,141 this represents a List to Sold Ratio of 96.57% Indicating a strong market.

Very few homes come up for sale in Riverdale Boro as a former resident I can understand why, a close nit God Fearing community with very low taxes, makes it a very desirable for the young executive and their first home, it is very close to major highways with route 23, 287 and the NY Threw way close buy.

If you are considering selling call me, I may have moved away from the area but still have deep roots there and keep up with local happenings. If you would like to purchase in the area call me I'll put you on a list for the next available home.

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