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The Tenafly Real Estate Market

Tenafly, NJ

With traditional Victorians, contemporary and Central-Hall Colonials, ranch and split-level houses, Tenafly has a variety of real estate offerings for any taste. Homes, townhouses, and estates are for sale here, and there are plenty of condos to rent. Residences in Tenafly are rooted in suburbia at its greatest, offering spacious homes, large backyards, and walking proximity to top-notch Tenafly schools. Many homes have built in pools and landscaped property. Approximately 4500 residences may be found in Tenafly, with 3800 owner occupied and the remainder renter occupied.

Real Estate Trends

With the real estate outlook becoming more and more promising overall, buyers are flocking to Tenafly as of late. Homes in Tenafly, NJ range from $300,000 to $4,000,000. Within that range, Tenafly has offerings of a diverse selection of home types, including colonials, cape cods, ranches, split levels, and contemporary homes. Interest rates at this moment in time are rather low, and with the market overall improving, sellers are willing to negotiate and by land large buyers are able to find the home they dreamed of for the right price.

Why Tenafly?

With its excellent educational opportunities, beautiful landscapes and strong sense of community, Tenafly is quickly becoming a sought-out destination for families. Education is an important determining factor for any family looking to settle in a new area, and Tenafly’s schools are recognized for their exceptional educational standards. Within Tenafly, there are ten preschools, seven elementary schools, two middle schools, and one high school. Tenafly is also a gorgeous community, its landscape peppered with sprawling parks such as the Tenafly Nature Center, Dean Park, the Churchill Nature Preserve, and Davis Johnson Gardens. Tenafly is easily accessible by major New York public transportation system, and important determining factor for professionals wishing to commute.

The population of Tenafly is approximately 13,800 with over 1000 residents earning a per capita income of $200,000. The cost of living in Tenafly is average and the crime rate is low.

Types of Homes in Tenafly, NJ

Tenafly offers a variety of types of homes. The colonial, traditionally defined as a home where the second floor is as large as the first floor, can be found here in many styles including the contemporary and the central-hall colonial. Victorian homes in Tenafly reflect the New England heritage of New Jersey with their latticework and decorative railings. Ranch style homes offer a simplistic exterior design with a very open and economic use of space on the interior. Picture windows are common in ranch style homes. Split-level homes, or “raised ranch” homes are also common in Tenafly and are characterized as a ranch-style house stacked to accommodate a smaller lot, with the bedrooms generally located on a second level. Tenafly also has a wide range of contemporary architectural offerings, which differ in style and type depending on the era they were constructed in. No matter what one’s taste, Tenafly has a home to fit individual style and needs.