ENGLEWOOD, NJ – The Bergen County real estate market is chock full of first-time homebuyers who are quickly realizing now is the perfect time to enter the housing game, according to local real estate experts.
“Most of our clients are first-time purchasers coming from the rental market into homeownership,” says Trina Olivo, realtor at Yes-Casa Home Real Estate, a full-service boutique real estate firm based in Hackensack, N.J. “They understand positive factors, such as low interest rates, which enables them to afford real estate and allows them to choose from the area’s diverse mix of housing products, including desirable new construction condominiums.”
The number of young couples and single-professionals looking to purchase is expected to rise with the spring selling season fast-approaching and favorable conditions — including competitive pricing and innovative financing programs — making the cost of ownership comparable to monthly rental payments. With buyer traffic increasing as warmer weather approaches, Ms. Olivo is consistently monitoring the market to find new housing products that fit her client’s needs.
The M at Englewood South, the collection of upscale condominium homes just off Route 4 in this Bergen County City, has quickly proved to provide all of the elements her first-time homebuyers seek – luxury homes, a commuter friendly location, intimate neighborhood environment and ease of maintenance-free living.
“With current inventory both older and new construction, The M offers a great sense of community and privacy when needed,” says Ms. Olivo. “The finishes of the building itself are sleek and modern. Its location is a quick trip into New York City and a short distance to easy shopping. The added bonus of an onsite management office makes getting answers easy for the busy and novice homeowner.”
Ms. Olivo discovered The M at Englewood South when she attended a special Happy Hour party held for local real estate agents and was immediately impressed with the homes, lifestyle and environment. She’s already had one client purchase at the collection of one- and two-bedroom homes in the few short months since the party was held.
“The layout of the condominiums are well-planned and offer considerable space,” Ms. Olivo continues. “The rooms are functional and there’s a flowing floorplan. Our buyer was also won over by the welcoming entry foyer, the pool and easy access to the garage areas and the community. Simply put, The M is easy on the eyes and not bad for the purse strings either.”
Homes at The M at Englewood South are priced from the low-$300,000s. Residences range in size from 755 to 1,499 square feet and feature open living space, sumptuous bedrooms, state-of-the-art kitchens with maple cabinetry, under-counter lighting and granite countertops, large laundry areas with side-by-side General Electric washers and dryers, and large walk-in closets. There is also oak hardwood flooring throughout the living area and ceramic tile flooring in the entry hall and kitchen.
Condominiums are made even more attracted due to the community’s innovative loan programs that provide special 97% financing. The unique offer enables buyers to purchase with a down payment as low as $9,000.
“This financing program has certainly played a role in our sales success by opening the door to homeownership for many single professionals and young couples who otherwise might not have the initial money needed for a down payment,” says Ellie Kim, Sales Manager for The Marketing Directors, the community’s exclusive marketing and sales agent for The M.
The ideal lifestyle at The M extends well beyond its homes. The community boasts a lively atmosphere created by recreational and social amenities including a sparkling outdoor pool and a resident’s clubroom with a catering kitchen for large parties and entertaining. Residents also receive a one year membership at The Gym, a 40,000 SF state-of-the-art fitness center located at 20 Nordhoff Place.
Located at 1104 Riverview Avenue, The M offers homeowners a setting that blends key suburban conveniences with sought after urban appeal. Englewood’s dynamic downtown features an eclectic offering of upscale shops and boutiques and more than forty fine restaurants and eateries. Major brand name shops can be found at the nearby Garden State Plaza, while the Bergen Performance Arts Center in Englewood features nearly 150 world class performances yearly, ranging from Rock and Classical music to comedy and dance performances.
The community is also a commuter’s dream. The M is minutes from Route 4 with access to the George Washington Bridge and just 12 miles to Manhattan. A parking space in The M’s enclosed parking garage is included in the purchase price. For those wishing to use public transportation, shuttle service is provided from the community to the nearby NJ Transit bus stop which offers convenient service into New York City.
For more information on The M at Englewood South and to view our new fully-furnished model homes, visit www.LiveAtTheM.comor call 201-982-7306.