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Old 10-23-2015, 12:06 PM
 
Location: Bergen County, NJ
2,816 posts, read 1,953,298 times
Reputation: 3737

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What can you tell me about the Greenwood Ave section of Midland Park? From what I can see, it is a very industrial area with many businesses and few homes. I've been keeping an eye on this property on Greenwood Ave since the summer and I'm noticing they keep dropping the price. Looks like a bargain for MP so I'm wondering if there's something I should know about this particular area aside from it being a bit unsightly due to the type of businesses on this street. Doesn't seem to be enough to justify such a low price


NJMLS
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Old 10-23-2015, 12:22 PM
 
2,535 posts, read 6,166,085 times
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It's also a flood zone, has no basement( especially problematic in a flood zone) and backs up to a commercial train track.

Last edited by Goldendoodle1969; 10-23-2015 at 01:13 PM..
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Old 10-23-2015, 12:47 PM
 
Location: Vermont
5,440 posts, read 15,842,690 times
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are you sure it is a flood zone?
that has to be disclosed and i don't remember this area flooding - maybe some big puddles.
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Old 10-23-2015, 01:01 PM
 
2,535 posts, read 6,166,085 times
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Quote:
Originally Posted by joe moving View Post
are you sure it is a flood zone?
that has to be disclosed and i don't remember this area flooding - maybe some big puddles.
Pretty sure judging by the FEMA Map, the Floodsmart assessment and the fact that it is on Goffle Brook(which when I lived in Hawthrone overflowed its banks all the time and had a much wider channel to work with in hawthrone than in that area). Whether flooding actually happens is another story but it is a high risk property and I would be surprised if at the very least the back yard doesn't have water issues. The price point is too low for something else not to be wrong regardless of the poor location. It's still a 3 BR and still in Midland Park. It could be in the parking lot of the Kuiken Brothers Lumber Yard and should still cost more than that, especially with a $2150/renter in place(at that rent it is an income property). Something is rotten in the state of Denmark.
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Old 10-23-2015, 02:29 PM
 
Location: Westwood, NJ
774 posts, read 2,189,476 times
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On the agent side of the listing, it does state its in a flood zone and I confirmed that on the flood map. Flood zone 'AE'.
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Old 10-23-2015, 04:27 PM
 
Location: N NJ --> NE FL 2015
1,386 posts, read 1,671,219 times
Reputation: 1202
I grew up in MP. Unless you're planning on dying in that house, I wouldn't touch it with a 10' pole. It's an industrial road with the DPW at the end of the street. You have United Van Lines, auto shops etc..

And as tdstyles mentioned, there's a freight train that'll run through your back yard at 3 or 4 am just like the scene from "My Cousing Vinny" and they will blow their horn since there are multiple crossing around that area. Stay away from it.
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Old 10-23-2015, 04:43 PM
 
Location: Bergen County, NJ
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Ok. That explains things. Thank you all for your input.
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Old 10-23-2015, 04:50 PM
 
Location: Elsewhere
71,394 posts, read 67,397,230 times
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I rented a house on Greenwood. My ex got all bent out of shape when he saw the train tracks then slept through the first train that came by. People who live by tracks get used to it quickly. Never actually saw it flood there. It's near the Ridgewood Water Co. Property but still. I grew up in town and there weren'the any floods.

It is industrial, however, and somewhat isolated at night. It's the least nice part of town. I didn't mind living there at all, but I believe I would be in the minority on that.
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Old 10-23-2015, 04:54 PM
 
Location: Bergen County, NJ
2,816 posts, read 1,953,298 times
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Aside from it being in a flood zone, none of that other stuff bothers me much. It would probably be a tough sell for my wife though lol
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Old 10-23-2015, 07:26 PM
 
Location: Elsewhere
71,394 posts, read 67,397,230 times
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Yes, you do need to keep your wife happy! Smart man.

When I was little, my grandmother lived on Bank Street, which runs along the other side of the tracks. There was passenger service then. We used to wave to the engineer.
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