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Bergen County Real Estate News : November 2007 – week 2

Bergen county news with an emphasis on aspects affecting real estate, residency and community issues.

Housing development in Cresskill
Age restricted luxury housing in Bergen County
Bergen County Schools beef up security
What’s beneath housing constructions?
Dumont paves a new path for its residents


Housing development in Cresskill

Cresskill will now see the development of a new housing project, as the Mooseheads Tavern and a few neighboring constructions will be replaced by a housing cum retail construction called the Cresskill Plaza. Plans indicate that the construction would be three storeys high and would comprise of 28 apartments and approximately 13,000 sq ft of retail space. From the total apartments, six are being reserved for low or moderate income and affordable housing. The construction is slated to begin some time in January 2008 and would take over a year and six months to complete. It would also include improvements like road widening and repair in the road leading to the construction. Current plans also indicate that the construction would model brick condominiums and would comprise of white balconies. This redevelopment is the brainchild of Daibes Enterprises of Edgewater and would be located on the southwest corner of Piermont road and Madison Avenue.


Age restricted luxury housing in Bergen County

As approximately 23% of the population in United States is seen to be over 55 years old, it is no wonder that age-restricted housing units are growing in numbers. This came through as the New Jersey Builders Association estimated that over 50% of all new housing constructions in the region have been for senior citizens. In the region of Bergen County and the neighborhood, these citizens have high income levels and enjoy a favorable buying power which indicates that this trend will peak only after four to five years. Many of these citizens can afford homes that cost from $200,000 to over $500,000, as the current rates stand. Also as per the Bureau of Labor Statistics, approximately 37% of the population aged over 55 is still working. Despite the recent slump, housing in Bergen County’s towns has boomed. Builders like K Hovnanian are also concentrating on this market and building age restricted luxury housing with modern day amenities. New means of advertising through online virtual walkthroughs along with print brochures are also being used. Moreover people are now seeking homes that come with spas, pools, top of the line appliances and other modern day facilities.


Bergen County Schools beef up security

New developments in school security will now allow residents of Demarest to go easy on the welfare of their children at school. Approximately nine to ten high technology cameras will now be installed in school hallways, playgrounds, gymnasium and the cafeteria which will transmit images of what goes on there to police squad cars and headquarters. This is the first such project of its kind where school cameras would be connected to the police department. School officials of the three K-8 schools in Demarest, where the project is taking off are positive about the results. They feel that any effort to boost the security of school children is useful in times like today. The three schools, namely County Road School, Luther Lee Emerson School and Demarest Middle school already have cameras installed at the entrance. Similarly, plans are also on to install cameras at the Northern Valley Regional High School of Demarest. Installing more security cameras in the premises and connecting them to the police department is a bolder move in the direction of boosting security.


What’s beneath housing constructions?

As many developers seek to turn landfills into housing development projects, golf courses and retail stores, the question arises as to how much waste is good enough. It is known that waste has a place to go when it is used in landfills. Also developers get paid to accept all the toxic waste that they can reuse in landfills. However all this semi toxic and toxic material can prove hazardous to people. Also the waste material can prove unstable, not providing sufficient support for housing constructions. While officials encourage the reuse of waste in landfills, many critics feel that the main problem is that even in the case of land filling for public projects, power lies in private hands, which may pay more attention to profits than safety. Also monitoring where the material goes is also a major issue that needs more attention. Toxic dumps bordering a swimming pool could be dangerous, and to date there are no stringent means to monitor that. Overpeck is one example of the case. While the project began with Bergen County taking land from Ridgefield Park, Leonia, Teaneck and Palisades park to construct a high class park, today the project has become a major landfill project that rumors of toxic and dangerous wastes.


Dumont paves a new path for its residents

Residents in Dumont will now have a special place for their morning jog. Memorial park, the largest park of Dumont now has a half-mile paved path that winds around the playing regions. This path invites the various residents of the neighborhood to come for a stroll or jog in the region. Installed in September, the walkway improves the park, making it friendly for people of all ages. Officials state that while the park was useful for kids and youth interested in playing in the fields, the walkway makes the picture complete by allowing the adult population to come for a jog. An open space grant worth $240,000 went into paving this path. Also an amount of $120,000 from the town park was used to relocate a few of the equipment in the playground and resurface basketball courts.


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