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Ridgewood Keller Williams Grand Opening

November 13th, 2011 categories:Ridgewood News and Events, Ridgewood Real Estate

Keller Williams Ridgewood Office Set for November 19th Grand Opening

Keller Williams Village Square Realty will be hosting a Grand Opening celebration at their new office location, 257 East Ridgewood Avenue (second floor) on Saturday, November 19th from 3 to 7pm. Individuals are invited to drop by to enjoy great food, beverages and entertainment, as well as take the opportunity to explore the company’s new Ridgewood office. A door raffle will also be held, prizes will be awarded, and assorted fun activities for all ages will take place throughout the event.

“We can’t wait for the community to see for themselves what all the buzz has been about,” said Aloysius Donohue, Operating Principal with Keller Williams Village Square Realty. “This Grand Opening signals a new and exciting chapter for our sales team. With added resources, enhanced technology and tools and a larger work space, this new office will mean greater efficiency and productivity for our agents and continued positive results for their customers.”

The new Keller Williams Village Square Realty office enjoys a convenient downtown location and also features an Internet café, spacious training room, smart boards and a children’s play area so clients can bring their little ones to the office without worry.

Keller Williams continues to attract the best agents in the industry by offering the most innovative educational resources along with cutting-edge technology and a revolutionary profit sharing system. Having expanded to a staff of nearly 100 agents in just seven months, Keller Williams Village Square Realty is no exception, as it is now home to a formidable team of well-known and highly-respected sales talent.

As Donohue continues to assemble a dynamic team of all-star agents, the Ridgewood office continues to flourish. A glimpse of his sales team reveals such top-ranked professionals as Sally Ponchak, ranked as the Number One agent in Wyckoff in 2010 in terms of number of transactions; Nancy Larsen, the Number One agent in Ridgewood in 2011 in terms of number of transactions year-to-date (tied with 2 other agents); Pam Christian, the Number One agent in Ridgewood in 2011 based on dollar volume year-to-date; and Jeff Adler, the Number One agent in Ramsey for 2010 in both dollar volume and number of transactions. Adler is also currently tied for top spot in 2011 for number of transactions.

“Our sales professionals have consistently outpaced the market in productivity. They represent the cornerstone of our company’s growth and success,” Donohue added. “Clients can expect superior service from beginning to end when working with a Keller Williams Village Square Realty agent.”

Keller Williams Realty Inc. is the fastest-growing residential real estate firm in North America according to Realtor Magazine.  J.D. Power and Associates recently (2008-2010) ranked Keller Williams #1 in overall home buyer satisfaction among the largest full-service real estate firms for the third year in a row. In 2010, the company received many accolades including:

  • Entrepreneur magazine, No. 1 ranked real estate franchise on the 31st Annual Franchise 500 list
  • Inman News, Co-Founder and Chairman of the Board Gary Keller named one of the 100 Most Influential Leaders in Real Estate
  • Training Magazine, highest ranking real estate franchise on the annual Training Top 125, #47 Overall

Individuals interested in attending the Keller Williams Village Square Realty Grand Opening celebration are encouraged to RSVP by calling the office at 201-445-4300 by November 12. The new office is located at 257 East Ridgewood Avenue in Ridgewood.

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Written by Al Donohue | Discussion: 3 Comments »

Ridgewood NJ – Hurricane Irene Update

August 28th, 2011 categories:Ridgewood News and Events

Ridgewood Seems to Have Fared Pretty Well in the Wake of Hurricane Irene…All Things Considered

Below is a photo of several gutsy Ridgewood Storm Chasers (My sons Luke and Ben and our dog Spartacus).

Hurricane Irene Aftermath - Fairway Road in Ridgewood NJ

Admittedly, my first hand assessment of Ridgewood storm damage is limited by how far a 9-year-old, 11-year-old and a somewhat lazy Bernese Mountain dog wanted to walk.  That said, we covered a decent swath of Ridgewood’s East side.  We found it to be pretty messy with some flooding and some downed trees but not too bad when compared to some of the more dire predictions.

Ridgewood NJ - Hurricane Irene

Hurricane Irene Photos - Ridgewood NJ

There are several Ridgewood Roads closed today because of Hurricane Irene.

There are also many homes without power in Ridgewood and many homes with some flooding issues.  Click here for instructions on what to do and who to call if you are having issues, in Ridgewood, in the aftermath of the storm.

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Written by Al Donohue | Discussion: Click here to leave a comment »

12 Ridgewood Homes Under $400,000

August 6th, 2011 categories:Ridgewood Real Estate

Great Time for First Time Home Buyers and Investors to Enter the Ridgewood Real Estate Market

Below is a list of 12 Ridgewood Homes currently listed for under $400,000. It was not that long ago that it would have been difficult to find homes in Ridgewood under $500,000 – much less under $400,000. However, now first time home buyers and investors alike, have 12 homes to choose from. They range from 4 Bedroom, 2 Bath Cape Cod homes to 2 Bedroom, 1.5 Bath colonial style homes. Low entry level pricing coupled with interest rates at all time lows may make this the perfect time to buy into this blue chip village.

Ridgewood Homes

12 Ridgewood Homes Under $400,000

Number Street Name Price BR/Bath Baths Style Listing Office
442 VAN BUREN $329,000 2/1.5 1.5 COL RE/MAX PROP. CTR
333 EASTSIDE $349,000 3/1 1 S/L COLDWELL BANKER, ALLENDALE
662 GROVE $349,000 4 2 C/C RE/MAX ADVANTAGE PLUS
276 GLEN $349,900 3 2 C/C RE/MAX PROPERTY CENTER
421 VAN BUREN $359,900 4 1 COL GILSENAN & CO.
454 NORTHERN $370,000 2 1.5 COL PRUDENTIAL ADAMO REALTY
149 SOMERVILLE $389,000 4 2 C/C MARRON GILDEA REALTY, INC. RW
728 LINWOOD $389,900 4 1 C/C CENTURY 21 PROPERTY PLACE
622 GROVE $399,000 3 2 C/C KELLER WILLIAMS VILLAGE SQUARE
279 GLEN $399,000 3 2 COL RE/MAX PROPERTIES-SADDLE RIVER
417 SHEFFIELD $399,000 4 2 C/C WEICHERT REALTORS RIDGEWOOD
38 HIGH $399,900 3 2.5 COL RE/MAX PROPERTIES-SADDLE RIVER
423** BOGERT $399,923 3 2 C/C KELLER WILLIAMS VILLAGE SQUARE

** There are actually 13 homes currently available under $400,000 . 423 Bogert Ave is currently in Attorney Review and may no longer be available at the time you read this.

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Written by Al Donohue | Discussion: Click here to leave a comment »

Ridgewood Real Estate Office Unites to Help Community on RED Day

Keller Williams Red Day in Ridgewood, NJ

DSC_3691

Beneath bright and sunny skies, Keller Williams Village Square Realty in Ridgewood took a beautiful spring day and made it even more special. In support of the company’s RED Day (Renew, Energize and Donate) initiative, the Ridgewood office sales team rolled up their sleeves and got to work; lending a hand to local organizations whose primary objectives are helping others.

Now in its third year, RED Day is held annually on the second Thursday in May and celebrates Keller Williams Realty’s commitment to improving local communities. Every year on that particular day, tens of thousands of Keller Williams associates from across the United States and Canada participate in a wide range of community service projects, devoting their time to renewing and energizing aspects of the neighborhoods in which they serve. RED Day activities can range from rebuilding homes, refurbishing local parks and giving to local food shelters to hosting blood drives, beautifying beaches and more. Projects are chosen by each individual market center based on needs they see within their community.

Following careful consideration, the office selected two organizations whose primary focus is assisting individuals and families throughout the community: The Center for Children and Youth in Ramsey (a division of West Bergen Mental Healthcare) and the Alpine Learning Group in Paramus.

“When our staff first learned about the company’s RED Day initiative, we were collectively excited about having such the opportunity to help a fellow organization in our local community. Absolutely everyone in our office wanted to participate, so our goal was to find projects that everyone could take part in,” said Sally Ponchak, Keller Williams sales associate and co-chair of the local RED Day event. “Both West Bergen and Alpine Learning Group were thrilled by our offer to help out, and we were thrilled to do so. It was a perfect fit: the activities were fun and uplifting at the same time.”

Boasting a large and motivated assemblage of volunteers, Keller Williams Village Square Realty kicked off their local RED Day event on May 12. The office divided into two “work crews”, with one group arriving at the Childen’s Center in Ramsey to plant flowers.  The Children’s Center is a division of West Bergen Mental Healthcare, a non-profit organization based in Ridgewood that provides a wide range of psychiatric and counseling services for all age groups with various levels of need.

With a “RED Day Project in Progress” sign signaling their work was underway, Keller Williams agents got to work, beautifying the center’s entrance with a colorful explosion of spring flowers. West Bergen Chief Operating Officer Lee Schaeffer and Chief Executive Officer Michael Tozzoli enthusiastically lent their support to the activity.

The second group of Keller Williams agents spent the morning at Alpine Learning Group in Paramus, a non-profit education and treatment program specializing in working with individuals with autism. With the facility planning a large-scale garage sale as an upcoming fundraiser, they enthusiastically welcomed the agents’ offer for help.

Assisted by Gwen Purcell, Project Manager with Alpine Learning Group, the agents spent a busy morning helping Alpine staff members with setting up, tagging items, organizing donations and moving furniture- all in preparation for a fundraiser from which one hundred percent of the proceeds go back into the facility.

“We were thrilled with the success of the first Keller Williams RED Day in Ridgewood. We were able to raise awareness about some great local organizations and help them with necessary tasks,” noted Keller Williams sales associate and RED Day co-chair Jennifer Casper.  “Our office goal is to continue to give where we live throughout the entire year, not only during RED Day. With the unofficial office motto of ‘spread the red’, RED Day empowers us to help in our own communities on a daily basis.”

“RED Day reflects the culture of Keller Williams Realty. It illustrates the extraordinary effect a company can have when individuals come together to work as a team for the greater good of everyone,” added Keller Williams Village Square Operating Principal Al Donohue.

Keller Williams Village Square Realty is located at 257 East Ridgewood Avenue in downtown Ridgewood. The office may be reached by calling (201) 445-4300.

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Written by Al Donohue | Discussion: Click here to leave a comment »

Home Sales Trends Look Good

March 12th, 2011 categories:Real Estate News and Advice

The increasing trend in existing home sales activity continued through January, and for the first time rose above year-ago levels when the home buyer tax credit was in effect. This marks the sixth monthly increase since July when the tax credit expired, and indicates a recovery that’s gaining a firmer footing without government support. 

 

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Written by Al Donohue | Discussion: 1 Comment »

Ridgewood Real Estate Values Compare Favorably to Other Affluent Towns

February 26th, 2011 categories:Ridgewood Real Estate

Ridgewood’s Median Sale Price Rose 8.7 Percent in the Last Quarter

Ridgewood Town Hall

The New York Times recently ran an article entitled “In Market Reports, Some Affluent Towns Do Better Than Others”.  The basic gist of the article is that towns that are convenient to Manhattan and have a local train station will fare better than some of the other affluent towns.  Obviously this bodes well for Ridgewood Real Estate and the numbers seem to bear this out.

Excerpt from New York Times Article

In the Bergen County village of Ridgewood, for instance, the median sales price (at which half the homes sold for more and half for less) rose 8.7 percent in the last quarter, versus the same period in 2009. The median price was $700,000, according to the latest statistics from Otteau. In 2009 it was $644,000.

A typical well-maintained colonial at 42 Ethelbert Place in Ridgewood sold in November for $710,000. That was well below the original asking price of $839,000 in May, but above the real estate Web site Zillow’s October estimate of its market value: $626,000. The house last sold in 2002, for $545,000.

The Zillow estimate for a Tudor mansion at 224 Crest Road was $3.5 million in early 2010, and rose to $3.85 million by December, when it sold for $4.11 million…

Click here to read the full article.

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Written by Al Donohue | Discussion: Click here to leave a comment »

Keller Williams Office to Open in Ridgewood New Jersey

February 26th, 2011 categories:Real Estate News and Advice, Ridgewood Real Estate

Aloysius Donohue to Open Ridgewood Keller Williams Office

Keller-Williams-Realty-Stacked-Web

Aloysius Donohue plans to officially open a new Keller Williams office in Ridgewood in the next 30 days, having left his namesake firm, Marron Gildea & Donohue to do so.

Keller Williams offers innovative educational resources along with cutting edge technology and a revolutionary profit sharing system, Donohue says. He anticipates that when the Keller Williams office opens its doors, it will be one of the largest real estate offices in…

Click here to read the Full Article

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Written by Al Donohue | Discussion: Click here to leave a comment »

Ridgewood Homes Average “Days on Market” Near 3 Year Low

December 27th, 2010 categories:Ridgewood Real Estate

For Once, A Three Year Low Is Actually Good News…

Written by Al Donohue | Discussion: 4 Comments »

Builders Turn Optimistic About New Home Sales

November 22nd, 2010 categories:Homebuilders

Builder confidence is higher for the third straight month.

Ridgewood New Home

A combination of shrinking new home inventory and higher-quality foot traffic is making builders more optimistic about the future, according to the National Association of Home Builders/Wells Fargo Housing Market Index 

The November confidence number of  16 is the highest since June of this year. The Housing Market Index is now above its 3-year trendline, too.

The goal of the Housing Market Index is to gauge “the pulse of the single-family housing market”.  The survey is sent to home builders in New Jersey and around the country, asking them to report on their business.

The survey is 3 questions:

  1. How are market conditions today?
  2. How do market conditions look 6 months from now?
  3. How is the prospective traffic of new buyers for new homes?

Responses are then collected, and seasonally-weighted.

Of course, it’s no surprise that builder confidence is rising. The sales of new homes spiked in September, and the jobs market is moving in the right direction. Additionally, low mortgage rates help to attract new buyers, too. Altogether, the outlook in the New Home market is as rosy as it’s been in months.

The downside for new home buyers in Ridgewood , though, is that, because of their optimism, builders may be unwilling to offer free upgrades or other discounts.

Written by Al Donohue | Discussion: Click here to leave a comment »

Ridgewood NJ Neighborhoods – Colonial Square

October 10th, 2010 categories:Real Estate News and Advice, Ridgewood Real Estate

My Favorite Ridgewood Neighborhood

Great for Ridgewood Families

This is my favorite Ridgewood Neighborhood and not just because I live here.  The Colonial Square section of Ridgewood is a throwback to simpler times.  Neighbors greet each other by name, folks stop by for leisurely chats while walking their dogs and children don’t need play-dates but rather walk from backyard to backyard to play with other neighborhood children.

Convenient to Everything That Makes Ridgewood Great

Colonial Square is within easy walking distance of Ridgewood’s Downtown, Ridgewood Train Station, Elementary, Middle and High Schools, Graydon Pool, Veterans Field, Ridgewood Public Library, Ridgewood Duck Pond and more.

Solid Real Estate Investment

Despite what you hear about home values on the national front, Ridgewood Real Estate remains strong and Colonial Square in particular is very strong.  Consider that 3 Colonial Square homes were listed for sale in the past month and all three were “under contract” in less than two weeks.  See links below.

465 Fairway Road – Ridgewood NJ

480 Overbrook Road – Ridgewood NJ

453 Colonial Road – Ridgewood NJ

By the way, I created the name Colonial Square for the purposes of this article.   Colonial Road is squarely in the middle of this neighborhood, and it is filled with beautiful Colonial Homes,  so I thought it made sense.  Besides, this great Ridgewood Neighborhood deserves a name.

Other Ridgewood Articles

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Written by Al Donohue | Discussion: 4 Comments »