BREAKING: In a significant surge in the Hackensack real estate market, eight homes were sold between October 20 and October 26, as reported by local authorities. This rapid activity highlights a dynamic shift in the housing landscape, with the median sale price reaching $310,000 for a home on Prospect Avenue.
The standout transaction was a substantial property at 25 Henry Place, which fetched an impressive $2,300,000 for its sprawling 10,604 square feet, indicating a strong demand for larger homes in the area.
Here’s a breakdown of this week’s notable sales:
– 344 Prospect Ave.: Sold for $240,000, measuring 1,039 square feet ($231/sq. ft.)
– 150 Overlook Ave.: Sold for $249,000, with 791 square feet ($315/sq. ft.)
– 90 Prospect Ave.: Sold for $249,500, spanning 1,004 square feet ($249/sq. ft.)
– 980 Main Street: Sold for $260,000, with 670 square feet ($388/sq. ft.)
– 307 Prospect Ave.: Sold for $310,000, covering 894 square feet ($347/sq. ft.)
– 277 Prospect Ave.: Sold for $406,000, at 1,141 square feet ($356/sq. ft.)
– 219 Charles Street: Sold for $435,000, with 1,072 square feet ($406/sq. ft.)
This week’s transactions indicate a robust interest in Hackensack properties, reflecting broader trends in the housing market where buyers are increasingly willing to invest amid rising prices.
As the market continues to shift, local real estate experts recommend potential buyers stay alert for new listings, while sellers may find this an opportune moment to enter the market.
Stay tuned for further updates as we continue to monitor the real estate trends in Hackensack and beyond.
