Real Estate Bergen County New Jersey | Homes For Sale

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Franklin Lakes New Manor Home for Sale

Franklin Lakes new manor home, over 12,000 square feet of living space. Custom hand made kitchen and vanities, detailed trim, home theater, stand out finishes. Brick and pre-cast exterior, with exquisite detail. An amazing home offered at $3,850,000.


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Bergen County Real Estate

Franklin Lakes Real Estate New Homes

Richard

REMAX Real Estate Associates-Richard Stabile- Realtor-Builder-Developer 201 573 8811 ext 331 Northern New Jersey's Number 1 new home seller !

Buying or Selling in today's challenging markets, go with the experience and knowledge.
Talk to me, you will know your making the right choice. 30 years - over 1000 sales!

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2 comments • Richard Stabile Bergen County New Homes Builder Realtor • October 24 2009 08:25PM

Franklin Lakes Home Sales Report 2008

Franklin Lakes real estate, Bergen County New Jersey Home sales report for 2008. Franklin Lakes showed one of the larger unit volume declines of 60% from the high year of 2004. However, there was only a decline of 15.11% for median home sale price from the prior year which was the high year for median price. Data source is the New Jersey Multiple Listing Service.

Hopefully, we are see a bottom forming in this market now. For about 6 months or more Jumbo loans have been next to impossible. Loans to $1,000,000 were available from savings and loans, but the larger jumbo's were tough. Now we can get loans with lesser spreads for 30 year fixed you to $4,000,000. Franklin lakes has many high priced homes, which need jumbo loans in many cases.

Click on grapgh below for full report with charts and analytics.

Franklin Lakes Home Sales Unit Volume

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View all IDX listings for Franklin lakes real estate from NJMLS-GSMLS

Richard

 

Information and data is believed to be true but not guaranteed

 

 

2 comments • Richard Stabile Bergen County New Homes Builder Realtor • March 11 2009 08:24PM