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King Of The Block: Renovated Hackensack Home Sells For $70K Over Appraised Value
A fully renovated Hackensack home just sold for $70,000 over appraised value.
The 4-bedroom, 2.5-bath home at 431 W. Lookout Avenue hit the market on May 14 for $849,900, according to George Mikhael, the New Jersey realtor who represented the seller, a repeat investor client. Within a week, it was under contract for $920,000.
But the deal nearly fell apart.
“The appraisal came back at $850,000,” Mikhael said. “The buyer got nervous. The lender didn’t want to move forward. We asked for a second appraisal — still $850,000.”
With the deal on the line, Mikhael said he stepped in and went to w…
$2.795M Bergen County Mansion With Theater, Chef’s Kitchen, Wine Wall Hits Market
A brand-new luxury mansion just hit the market in Bergen County, and it’s turning heads with high-end finishes, bold design, and a one-of-a-kind walnut wine display suspended behind glass and cables.
Located at 8 Elbert St., in Ramsey, the home is listed for $2.795 million and is represented by Tony Nabhan of the Tony Nabhan Collective.
Built by East Hill Development, this 2025 new construction sits on a 0.6-acre lot and features approximately 8,000 square feet of living space across three finished levels.
The home offers 6 bedrooms and 6.5 bathrooms, with 10-foot ceilings, a custom d…
$29.5M Luxury Housing Project For 55+ Coming To North Jersey
A luxury housing project for adults 55 and over is coming to North Jersey — and it’s bringing firepits, BBQ grills, and a rooftop pool with it.
JLL Capital Markets on Thursday, July 10 announced $29.5 million in construction financing for Soho Park Residences, an 85-unit luxury rental development set to rise at 116 Harrison St. in Nutley.
The property, backed by Rock Solid Builders Inc., will include one- and two-bedroom apartments averaging 1,110 square feet. It will feature resort-style amenities including a clubhouse, library, sun deck with pool, firepits, BBQ stations, and a wellness ce…
$85M Sale Of North Jersey Luxury Apartments Finalized
A sprawling luxury apartment community in Morris Plains just sold for a whopping $85 million, officials with CBRE announced on Friday, July 11.
The buyer, whose name has not been released, purchased Signature Place, a 197-unit Class A complex featuring high-end finishes and resort-style amenities, from Veris Residential, a New Jersey-based real estate investment trust.
Built in 2018, Signature Place offers apartments averaging more than 1,000 square feet and is loaded with perks: a pool, yoga studio, golf simulator, movie theater, conference rooms, pet spa, and a clubroom with game tables a…
