Official Listing: 38 Cathedral Ave in Nutley NJ

🏠Gorgeous 4 Bedroom Colonial Home Located in the Spring Garden section of Nutley NJ

🚉 Easy Commute to NYC

👨‍👩‍👧‍👦 In-Law Suite For Extended Family

This home has everything a home owner could want, granite counters, large open floor plan, a master suite with Jacuzzi tub that would be fabulous

(CLICK TO SEE MORE)

38 CATHEDRAL AVENUE

Just Sold in Nutley – 179 Centre St.

179 Centre St, Nutley, NJ

$ Click for current price
3 BEDROOMS | 1 (1 full ) BATHROOMS |

THIS CLASSIC 3 BEDROOM COLONIAL LOCATED IN THE HEART OF NUTLEY NEW JERSEY IS A GREAT HOME FOR SOMEONE THAT DESIRES MORE SPACE AND LOW TAXES, BUILT IN POOL AND SO MUCH MORE TO OFFER.

BUILT DURING THE EARLY PART OF THE 20TH CENTURY THIS HOME IN NUTLEY WAS BUILT BY MR FREEMAN HIMSELF (THE NAME ON THE STREET SIGN) IT HAS A LARGE CORNER LOT WITH ALL THE ORIGINAL WOOD IN TACT AND OPEN AIRY ROOMS, DECK, JACUZZI AND SO MUCH MORE.

THE TAXES ARE LOW ON THIS SIZE HOME UNDER 10K PER YEAR AS WELL.


REALTY EXECUTIVES ELITE HOMES

653 Franklin Ave.

Nutley NJ 07110

Baby Boomers Are On the Move

Baby Boomers Are On the Move | Simplifying The Market

According to a Merrill Lynch study“an estimated 4.2 million retirees moved into a new home last year alone.” Two-thirds of retirees say that they are likely to move at least once during retirement.

As one participant in the study stated:

“In retirement, you have the chance to live anywhere you want. Or you can just stay where you are. There hasn’t been another time in life when we’ve had that kind of freedom.”

The top reason to relocate cited was “wanting to be closer to family” at 29%, a close second was “wanting to reduce home expenses” at 26%.

A recent Freddie Mac study found similar results, as “nearly 20 percent of Boomers said they would move closer to their grandchildren/children compared to 13 percent who said they would move to a warmer climate.”

Not Every Baby Boomer Downsizes

There is a common misconception that as retirees find themselves with fewer children at home, they will instantly desire a smaller home to maintain. While that may be the case for half of those surveyed, the study found that three in ten decide to actually upsize to a larger home.

Some choose to buy a home in a desirable destination with extra space for large family vacations, reunions, extended visits, or to allow other family members to move in with them. According to Merrill Lynch:

“Retirees often find their homes become places for family to come together and reconnect, particularly during holidays or summer vacations.”

Bottom Line

If your housing needs have changed, or are about to change, let’s get together to discuss your next steps.

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