Luxury Town Houses in Tenafly - Bergen County Real Estate News

Home > Bergen County Real Estate News > February 2007 - week 4

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

Bergen County residents offered exclusive housing
Teaneck delays voting on master plan
Bergen county residents get better transportation
Hospital in Teaneck betters medical attention to residents
Englewood is welcoming rental condominiums

Bergen County residents offered exclusive housing

If you are seeking a luxury home in Tenafly or the neighborhood, then here is a property you must check out as soon as possible. A new luxury town house development called Crossings @ Tenafly complete with 44 Brick and Hardi plank units is all set to come up with plenty of features. The prices of these units that would come up on 3.5 acre luxurious stretch of landscaped land range quite affordably from $759,000 to $789,000.

At such good rates and in a wonderful locale, the housing property is a steal and a must-quickly-check-before-it-is-all-sold for all those seeking to buy a home in the Tenafly neighborhood. Each town house comprises of three bedrooms, 3.5 bathrooms and includes 2500 square feet of living space. Moreover, oak hardwood floors and granite counters add to the rich look of the luxury home.

Those interested in finding more details about the project can contact Prominent Properties Sotheby's International, the sole agent offering the exclusive deal on the property. Spokespersons from the agency state that given the existing housing market and the affordable pricing of these luxury homes, units are expected to sell out soon. One can find out more details about the property at 201-341-4765.

To view floor plans & virtual tour click here
For prices,availability & specifications click here

Teaneck delays voting on master plan

After Teaneck residents protested that the borough of Teaneck was not placing much importance on the needs of the residents, borough officials in Teaneck postponed the voting on the new master plan.

This critical land-use document is a primary planning document for any town and helps to design the zoning regulations of the township. In the case of Teaneck, the six-year deadline awarded for updating the plan expired this week. Keeping this in mind, the board’s attorney had advised against the date extension, stating that this could attract litigation for the township. However the board chairman, Joey Bodner, stated that the extension of the voting time was a genuine attempt to obtain more input from the public.

Keeping this in mind, there would now be four more meetings and a final plan would be outlined on April 12, 2007. Issues with the master plan began to surface when residents heard that the board would not review the resident’s concerns on the plan updation due to lack of time. However the borough intended to improve the plan to suit requirements once it was put in practice. Whether the borough is taking a legal risk now with missing the deadline or is doing a much needed trust-building exercise, is a factor the borough will soon find out.

Bergen county residents get better transportation

Bergen County residents might get better transportation soon. While the Riverside Avenue tract on the Passaic River under the Route 3 Bridge in Rutherford has been deemed 'undevelopable' by borough officials, members of the state Department of Transportation have now found a commendable use for it.

The land which was thus valued at over $20,000 was purchased by the DOT for approximately $3,000. Last year the DOT had offered $500 for the same tract of land and the deal had been refused. Currently the deal over the three plots of land in the area is still in the final stages of negotiation. If all goes well, the land would be utilized in the Passaic River Crossing project.

This huge development project estimated at $200 million looks at improving transportation for residents by replacing the Route 3 Bridge and renovating the Rutherford to Clifton stretch of the highway. The packets of land thus purchased would assist in construction and allow for easier maintenance of the bridge in the future. The land would provide maintenance and construction crew with easy access to the bridge. The entire projected is expected to begin next fall.

Hospital in Teaneck betters medical attention to residents

Holy Name Hospital in Teaneck has tied up with Bogotá, in an attempt to provide prompt ambulance service, especially when volunteers are unavailable. Starting from February 26, 2007, this hospital would offer ambulance coverage at a time when it is difficult to retain volunteers. The hospital would cover calls for ambulance from 6 am to 6 pm on weekdays, the prime time when volunteer support is not available. Statistics reveal that currently the borough’s ambulance corps comprises of 25 volunteers, but only a couple of them are available during daytime. Also, the borough and the Teaneck Volunteer Ambulance corps are unavailable during the weekdays.

With approximately 750 calls for the ambulance in 2006, the borough of Bogotá sees this as a much needed step to increase support measures for the town’s residents. As per monetary arrangements, the Holy Name hospital would bill the insurance companies of the ambulance users while uninsured residents would be paid for by the borough. An amount of $7,155 has already been paid to the hospital for this year’s anticipated costs. The towns that can use the facility include New Milford, Englewood Cliffs, Oradell, and Ridgefield Park.

Englewood is welcoming rental condominiums

Housing developers in Englewood need not construct condos at the southern part of Route 4, following new developments that took place in the last week of February. For the past few years, the community of Englewood is promoting the construction of condos over rental apartments due to increased tax revenue. This has also led to the constructions of condominium projects like the Flat Rock square. This project initially comprised of 399 condos that were to come up on a stretch of 18 acres.

However this year, the outlook has been different. Experts in housing state that current trends in the housing market indicate an increased reluctance in banks to finance condominiums, unless they could be used for rental purposes. With this new trend, it is only wise to rent condominiums out, a concept that the Flat Rock Square project has adapted to. With the new call for rental apartments, the number of units would however be reduced to 377.The plan is inclusive of a 160-room hotel, offices and retail outlets. While many feel that the idea has only benefits in store for the town, there is a small percentage who disagrees. Ken Rosenzweig, the planning board and city council member expressed doubt over its viability and indicated that the decision was rushed.

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