VUE

A recent surge in property values has hit Hoboken, Jersey City and Weehawken translating to double digit annual gains for many homeowners on the New Jersey Waterfront. Improvements in the public schools and new three and four bedroom condos mean families are staying longer and local businesses catering to Hudson County's affluent residents are flourishing. And because of the area's connectivity to Manhattan, developing arts, culture and restaurant scene, these high property values may continue to rise. Homebuyers from Manhattan and Brooklyn for example, are discovering the benefits of lower income taxes, close proximity to airports, hiking locations and beaches this area has to offer. J ust two years ago a single family townhouse made headlines when it sold for $3,000,000, a record high sale for Hoboken at the time, and last year, a Hudson street Brownstone sold for $4,350,000. This March, another single family Hoboken home asking $6,500,000 accepted an offer in less than nine days on the market. Due to this incredible growth of affluent buyers and sellers, the need for a more sophisticated level of real estate services has developed. Leading the way is AVENUE TM Residential, a full service real estate brokerage firm that uses the latest in digital technology to reach a wider global market while providing AVENUE TM representatives with tools and support to sell elite properties. This personalized, white glove approach goes against the grain of the large corporate brokerage models and brings the focus back to the needs of buyers, sellers, renters and landlords. "I call her superwoman," a local property owner says of AVENUE's TM founder and Broker, Kristin Ehrgott,"she has sold and leased my properties for years now, her attention to detail, follow-up and insightful knowledge of the market is second to none; it's clear AVENUE TM agents hold themselves to a higher standard, and for good reason. It's refreshing!" "Our office has sold over $100 Million in properties in the past 18 months. With a team of 25 representatives and growing, AVENUE TM averages the highest dollar volume per agent for a firm in our market. Many of our agents are licensed in New York as well and additional offices are planned to open in other affluent areas of the state later this year," says Executive Director, Christopher Poreda. For more information regarding buying, selling or leasing residential or commercial property, Kristin Ehrgott may be reached at ke@avenueresidential.com or 201.205.2161 2 Bedroom Condo | 102 Ogden Ave, Jersey City $499,000 9 Henley Place, Weehawken | For Rent: $8900 monthly 7 Bedroom Home: 27 Camelot Dr, Livingston $2,499,000 ADVERTISEMENT

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