A Brief Description
Do you wonder why the Cliffside Park Real Estate Market is booming by leaps and bounds? Nestled in the well-known Bergen County, New Jersey, Cliffside Park is an awe-inspiring destination that keeps attracting potential home buyers and encouraging them to invest in properties.
Having started the journey in 1895, this mesmerizing town was built by amalgamating the segments of Ridgefield Township. Did you know Cliffside Park is a segment among 26 boroughs having been founded in times of the Boroughitis phenomenon in 1895?
Today, Cliffside Park houses over 24,000 residents and more and more people have started considering Cliffside Park as their dream home destination. Hence, they are approaching the best-in-class Cliffside Park Real Estate Broker to find the most suitable property for them.
Trends of the Real Estate Industry in Cliffside Park
Anyone who is interested in buying or selling properties in Cliffside Park Real Estate ought to be aware of the few basic yet important market trends of this place. Based on the 12-month moving average data as of 07/31/22, we have collected and shared information that will give you a quick glimpse of the selling and buying trends of Cliffside Park.
Presently, the total housing units are 10,007 with 4,675 single-family homes. The average sale price of Cliffside Park units is $701,758. Also, it is important to share that 62 units are sold (12 months) and there are about 17 active units available at the place. The original discount from the first list price is 2.5 % while the discount from the last list price is 0.6%. The general tax rate (2021) is 2.517% and the effective tax rate (2021) is 1.987%.
The sales graph and data of Cliffside Park real estate clearly depict the constant growth in sales which indicates the incredible popularity and immense growth of the Real Estate Market of Cliffside Park.
Why are Properties in Cliffside Park gaining much attention?
✓ A Magnificent Location:
Who won’t like to explore and live in a location marked as an amalgamation of soulful scenic views and contemporary spots? Cliffside Park is such a place, which is encircled by awe-inspiring cliffs. Trinity Episcopal Church, Overpeck County Park, the Roman Catholic Church of Epiphany, and Boulevard East are some well-known attractions of this town. Did you know the heart of the town is Cliffside Park, which was operational between 1898 and 1971?
Having sprawled across 38 acres of area, the park has been replaced with high-rise residential and commercial buildings, and you already know many homes are for sale in Cliffside Park.
Moreover, nature lovers can get to explore spectacular gardens and parks here. That means buying a home in Cliffside Park gets people to relish the best of both worlds in terms of nature’s proximity and modern architectural marvels. All the above factors have made the Cliffside Park Real Estate Market extremely popular in New Jersey.
✓ A Peaceful Location:
When it comes to buying a property, most potential buyers interact with a Cliffside Park Real Estate Broker about the safety of the location. In short, Cliffside Park is a safe and serene place, where the majority of residents are either young professionals or senior citizens.
A Real Estate Broker of Cliffside Park may also be inquired with questions regarding amenities. Cliffside Park is home to high-rated educational institutions, restaurants, coffee shops, grocery stores, hair and nail salons, and so on. Contemplating the significant growth and demand of Cliffside Park, one must take a thoughtful decision to contact seasoned Cliffside Park real estate agents who would help to buy/sell the units at this place at best deals!
