River Vale Real Estate

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River Vale Real Estate & Homes for Sale in New Jersey

In the northeastern corner of Bergen County, New Jersey, a small township called River Vale is setting a new standard of family living. River Vale real estate options in the area consist of single-family homes, condominiums and townhouses. The community has a lush, park-like character, prompting some to call it the Garden Spot of the Pascack Valley. The scenery is further enhanced with quaint, winding roads and scenic, historic homes. River Vale is tucked between the neighboring communities of Woodcliff Lake, Park Ridge, Montvale, Lake Tappan in Old Tappan, Harrington Park, Emerson, Westwood and Hillsdale. New York City and its world famous Manhattan lies 22 miles southeast. Although River Vale is a small community of only 10,000 residents, it offers many of the advantages of a much larger city. For example, New York City is close enough so that residents can experience its many educational, cultural and economic opportunities with a short drive. Within the more immediate area of Bergen County, residents have access to strong manufacturing and technology industries, plus diverse shopping, dining and recreational opportunities, including golf at Valley Brook Golf Course, one of three area courses. Public schooling in River Vale has an excellent reputation. River Vale Public Schools manages three campuses, serving the elementary and middle grades. High school students then move on to the Pascack Valley High School, where they are joined by Hillsdale students. The nearest college campus is Bergen Community College in Paramus. Farleigh Dickinson University also has a campus in Teaneck, N.J.

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Price Range of River Vale Houses for Sale

The River Vale real estate market isnít large, but does offer a surprisingly diverse selection of residential properties. Detached, single-family homes range in style from ranch houses to historic colonials and Victorians. For the most part, the residential streets are scenic, characterized by winding roads and is lush with trees and foliage. Home prices range from about $450,000 up to $1.5 million. Higher-end homes are usually expansive customs with meticulously maintained grounds. Homes priced in the $600,000 to $800,000 range usually offer an excellent value, with large lots and many custom features. Additionally, there is a small selection of condominium/townhouse properties. These are priced from $400,000 on a two-bedroom, two-bath unit up to about $800,000 on a newer, three-bedroom unit.

River Vale Real Estate Stats and Trends for the week of September 12th, 2016: homes priced around $456,225 compared to $437,700 the previous week, showing a increase of more than +4%.  For Saturday, April 18th, the current national mortgage rate for a 30 year fixed mortgage is 4.51%; the 15 year fixed rate is at 3.90%. For a loan larger than conventional conforming loans, or 'jumbo' loan, the 30 year rate is 4.41%, while the 15 year jumbo rate currently is at 4.12%.

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