LOCAL MARKET INSIDER
Northern NJ
Welcome to the Local Market Insider—your go-to source for the latest real estate trends, home values, and expert insights in Northern NJ. Each month, we break down the numbers in our Market Update video, giving you a clear picture of what’s happening in the housing market. Whether you’re buying, selling, or just keeping an eye on the market, you’ll find valuable tips, trends, and local highlights to help you stay ahead. Check back regularly for fresh insights and the most up-to-date information!
MARKET HUB FOR
Northern NJ
Mansion Tax Hits NJ Sellers | Bergen County Market Breakdown
By: Elizabeth Banu Published on: 21/07/2025The July 2025 market update reveals that Northern Bergen County remains firmly in a seller’s market—though signs of a slow shift are beginning to appear. Homes are taking slightly longer to sell, giving buyers more breathing room while sellers still hold strong negotiating power. This month’s insights also unpack New Jersey’s newly updated mansion tax, which now shifts responsibility from buyers to sellers, potentially impacting luxury pricing across the board. Plus, learn how to take advantage of the Cathy Banu Team’s free exterior photo campaign to boost your home's curb appeal while summer is in full bloom.
Bergen County Housing Market: Glen Rock & Ridgewood Trends You Need to Know!
By: Elizabeth Banu Published on: 31/01/2025Glen Rock & Ridgewood Real Estate Market Update – February 2025 The Bergen County real estate market remains strong, especially in Glen Rock and Ridgewood, where home values are holding steady at $1.1M and $1.2M, respectively. With less than one month of housing supply, we’re still in a seller’s market, making it a great time to list your home. As we enter the spring market (January 15 – April 15), more homes are hitting the market, and we expect activity to pick up significantly in February. Whether you're buying or selling, now is the time to act! Featured Listing: 48 Glen Blvd, Glen Rock This stunning new construction home offers 3,300+ sq ft, 4 bedrooms + office, 3.5 baths, and modern design throughout. If you're looking for a dream home in Glen Rock, this is one you won’t want to miss! Thinking of buying or selling? Contact us today for a personalized market update!
Cathy Banu & Elizabeth Banu Hernandez
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