A September 1, 2025 YouTube market update by Scott Selleck covering Bergen County (especially Fort Lee) real estate. He reports county-level value gains (~4–5% YoY per Zillow), light resale volume with firm pricing in Fort Lee, and developer confidence evidenced by an approved 24-unit site on Center Avenue. Practical advice: well-presented, updated homes near transit/top schools sell best; sellers should price to comps and prep (pre-inspections, cosmetic touch-ups); developers should pursue assemblages and density in Bridge Plaza/Main Street corridor. Call-to-action includes a contact number for client consultations.
Questions this video answers
September 1, 2025
Approximately +4–5% year over year
24 units
201-970-3960
32 years in Fort Lee Teach youh to Read between the Lines welcome to the Deep Dive. This is Scott Selleck, The Selleck Group KW City Views Realty. Today is September 1, 2025. The latest data suggest capital is still backing infill multifamily in Fort Lee County. Values are grinding higher despite rate noise and Fort Lee's resale market is price firm but volume light. The approved 24 unit site trading on Center Avenue tells me developers remain confident in transit rich amenity forward rentals near the George Washington Bridge. That's a vote of confidence in our fundamentals jobs, connectivity, schools and it tends to lift nearby condo values as renter demand and lifestyle retail follow. Zillow's county wide value uptick + or -4 to 5% year over year reinforces what I'm seeing at the kitchen table. Well presented homes still fetch strong numbers, but buyers are choosier on condition and taxes. Redfin's Fort Lee Snapshot Prices up, days on market improving yet fewer closings reads like a tight, selectively competitive market. Good homes move, borderline ones linger. That's classic late summer Bergen constrained inventory pockets of urgency and a premium on pricing discipline. Opportunities Sellers Fort Lee, Leonia, Tenafly if your home is updated and walkable to transit or top schools, the window is open. Price to the last best comp not your wish price. Pair with pre inspection and light cosmetic tune ups to win the first two weekends. Developers and small landholders Fort Le Cor entitled or near entitled parcels within the Bridge Plaza Main street corridor are in demand. Consider assemblages and density via redevelopment overlays.
Parking and amenities remain differentiators move up.
Buyers and Tenafly with volume down, you can occasionally negotiate on properties needing work.
Focus on lot layout and school streets.
Bring a contractor and lock a rate.
With a float down investors or landlords.
Rental appetite should stay solid close to the George Washington Bridge. Target newer buildings with strong finishes and covered parking. Concessions are minimal and renewal sticks are.
High pulse and pattern Quiet strength, no.
Froth, but steady pricing and smart money flowing to multifamily. Expect a selective seller's market into early autumn with condition and location doing the heavy lifting. I'm advising clients to be decisive on A tier homes and opportunistic on B tier listings that need vision. Schedule a call to discuss your real estate needs at 201-970-3960. Don't forget to like this video so you can receive future market snapshot updates. Scott Selleck, your Bergen county trusted advisor.
