|
Call me for all your real estate needs @ 973-233-2040.
|
|
|
 |
CEDAR GROVE NJ - Small Town Pride |  | | | Welcome to Cedar Grove | |
  The Township of Cedar Grove, with a population of approximately 12,300 is located in suburban Essex County, NJ. It encompasses 4.5 square miles and it is bordered by the towns of Little Falls, Montclair, North Caldwell and Verona. Cedar Grove is primarily a residential community, characterized by a mix of homes styles including colonials, split-levels, cape cods and ranches. There are a smaller number of town houses and condo units, with several 55+ communities. Cedar Grove is approximately 15 miles from New York City and 10 miles from Newark NJ.
Cedar Grove is a quiet community, with many tree-lined streets. The town’s Tree Planting Program ensures that the town maintains its leafy neighborhoods. Pompton Ave (Route 23) is lined with shops and restaurants. Shopping malls and major highways are easily accessible in nearby towns.
The Cedar Grove school district services approximately 1,400 students. There are four public schools: 2 elementary schools, a middle school and a high school. Cedar Grove High School, with almost 400 students, was designated as one of New Jersey Monthly’s top 75 schools The town recreation department organizes a variety of sporting activities for children. There is also a Community Park with a pool, ball fields and a picnic area. Town residents can join the pool for an annual fee. For those who enjoy walking or bicycling, there is a 2.84 mile trail, situated on the on the former right-of-way of the Caldwell Branch of the old Erie-Lackawanna Railroad.
The median sale price of single family homes (including condominiums and co-ops) in 2009 was $450,300 down from $461,500 in 2008. It was $515,000 in 2007, $491,000 in 2006, $495,000 in 2005, $450,100 in 2004, and $369,900 in 2003. |  | | | Community Pool | |
|  | | | Cedar Grove High School | |
Request my Free Relocation Package. It's packed full of useful and important information about the Montclair, Bloomfield, Cedar Grove, West Orange, Glen Ridge, Nutley, The Caldwells and Verona New Jersey area. It will include a Town Information Guide and an area map. Don't move here without it! Remember: I'll send it to you for free and without obligation. Just fill out the form and I will send it right out...
It's my job to know EVERYTHING about Cedar Grove and the surrounding communities. Ask me any question. Or request a FREE information package. There's no obligation, and I promise to get back to you quickly... 
Financing Your Home >Owner Financing
If you are selling a house in which you have a lot of equity, and you don't need that equity to buy a new home, an owner-financing agreement may benefit you and your buyers.
Seller financing arrangements usually involve the buyers securing the largest portion of their purchase money from a mortgage company and getting a smaller second loan from the sellers. For example, they may finance 75% from a lender, put in 15% from savings, and ask the sellers to finance the remaining amount. The terms and interest rates on seller carry-backs are negotiated on a case-by-case basis.
Sellers may be able to negotiate a note that provides a better return on their money than 1-to-5 year CD's or treasury notes. They should ensure that the note protects them to the fullest. Use common sense when considering such a loan, and verify the buyers' income, credit history, and job stability before making your final decision.
|
|
| Q |
What kind of home construction is considered to be the safest in seismic areas?
|
| A |
Straw-bale homes in seismic zones have proven resilient enough to withstand the shock of earthquakes. |
 See More Real Estate Trivia > |
|
|
 Compare three mortgages at one time. Download
TripleCalc now. It's free. |
|
|
- NUMBER1EXPERT™ 
