The real estate market is doing ok in New Jersey. Of course, there are some areas that are better than others. If you are looking for buy a home in New Jersey there are three areas that are hot, hot hot!
First is Ridgewood NJ, where both buyers and sellers are making deals. On the low end, you can buy a single family home right at $300,000 or you can sell your high-end home at an asking price of $900,000. Ridgewood has a great reputation and people are always looking for homes in that area.
The next area is Allendale NJ real estate which has some fantastic large homes on the market. If you need a 4 or 5 bedroom home in Allendale with 4 baths, you will probably need to spend somewhere in the $1,800,000 range. A smaller, 3 bedroom home closer in town will cost you around $400,000. People are always buying and selling in Allendale, New Jersey.
The last area to discuss is Franklin Lake NJ. If a big fancy home is what you are looking for, look no further than Franklin Lake, New Jersey. A 5 bedroom, 5 1/2 bath mansion will run around $1.7 million. If you have more money than that to spend, keep looking as there are homes listed at $8 million, $9 million and higher.
These three great areas in New Jersey are just a sample of what is for sale. Buy the home of your dreams and sleep comfortably every night!