![]() ![]() As Fortune’s previously reported, knockdowns are happening throughout New Jersey, as “desperation is becoming a bigger part of the marketplace,” Curtis Counts, a New Jersey-based real estate sales associate, said earlier. Although they’re likely to be more expensive and grander in areas like it. The couple just moved into their finished, very modern home last summer-in what Gibbons called “your very typical New York story.”īut teardowns go beyond Ridgewood. The couple even rented for a year in the same neighborhood while their home was being built, so their kids could attend school and they could oversee the project. They purchased a colonial-style home in Ridgewood, in the summer of 2020 for close to $1 million with “every intention of tearing it down,” Gibbons said. On another occasion, Gibbons worked with a couple in their early 30s with kids that moved from New York City. She added that once their home is done, it’ll likely be valued around $3 million. Gibbons represented a buyer that closed on a property on West Ridgewood Avenue around two months ago for $900,000, and after tearing it down they’re building a more than 4,000 square-foot home, which is twice the size of the original “very old victorian” property that sat on the lot, Gibbons said. Gibbons said a half acre of land on the west side of Ridgewood “is going to be close to a million dollars easily, no matter what’s on it, so people are having to spend more to tear them down.” Meanwhile, the average home value in Ridgewood is $888,191 per Zillow, and in Bergen County it’s $592,031. That’s because the value of property and land has gone up, largely because of how tight inventory is and the lack of vacant land in these markets. But it isn’t always going to cost $2 million for the original property purchase, instead it’s likely going to be close to a million dollars. Sometimes that means buying a home just to knock it down. Following the pandemic, she noticed that buyers coming from New York City had more to spend, and they wanted to live in these so-called desirable locations with easy commutes. ![]() They’ve even run into problems concerning lot coverage, likely because they wanted to build an enormous home in place of what was previously a property under 4,000 square feet, Reynolds told Fortune.Ĭhristina Gibbons, a real estate broker with a team that’s based in Ridgewood, typically serves Bergen County, which is just outside of New York City. The couple, both in their mid-30s, Reynolds said, have since knocked it down and are in the process of rebuilding. She listed the center hall colonial home in March of last year and wasn’t all that shocked when she found out the couple wanted to tear it down. ![]() ET on Fox.Priscilla Reynolds, a New Jersey-based sales associate, represented a seller that sold their home in Ridgewood for $2 million to a millennial couple from New York City. “Knock-Knock Live” debuts Tuesday at 9 p.m. XIX Entertainment has appointed DCP to be the international distributor of the format and series. Fuller, Seacrest, DCP and Fox are stakeholders in the format worldwide. Fuller, Michael Herwick, Allen Shapiro, Mike Mahan, Mark Bracco, Stijn Bakkers, Nicolle Yaron and Seacrest serve as executive producers. “Knock-Knock Live” is produced by Simon Fuller’s XIX Entertainment and Dick Clark Productions. ![]() Other stars set to appear on the contest show include Justin Bieber, Ariana Grande, Florida Georgia Line, Rob Gronkowski, Robin Thicke, Meghan Trainor, Rita Ora, Martha Stewart, Luke Bryan, Lea Michele, Mike Holmes and Bubba Watson.Īlso Read: Justin Bieber, Ariana Grande to Appear on Ryan Seacrest's 'Knock Knock Live' Seacrest is the in-studio host for the summer series, and co-hosts in the field include Tyler Posey, Kellie Pickler, Adrienne Bailon, Ross Mathews, Chuey Martinez and Johnson. Not only do the lucky contestants get to meet their favorite TV or sports star, they also have the chance to win cash prizes. Meanwhile, Common and co-host Jordan “Shorty” Johnson call on Dante and give him the day of his dreams. The reaction from surprised people on the new reality series ranges from screaming and hugging to sheer speechless shock.Īlso Read: David Beckham Just Wants to Be Recognized on Fox's 'Knock-Knock Live' (Video)įormer Manchester United and LA Galaxy player Beckham pops in to see the Gonzalez family, where he poses with babies and kicks around a soccer ball in the backyard. What would you do if soccer star David Beckham turned up at your front door? Or Oscar-winning hip-hop artist and “Selma” actor Common rang the doorbell? Ryan Seacrest’s “Knock Knock Live” premieres on Tuesday night, but before the show lands on TV screens, Fox gave viewers a first look at the stars who landed on unsuspecting fans’ doorsteps. ![]()
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