New Rochelle’s residential real estate market is strong and stable for a number of key factors. The city offers close commuting range to New York City, a wealth of great amenities, strong property values and a robust economy. The city offers a number of great reasons to live there.
The city is just minutes away from New York City. Both public and private transportation options are available, including Amtrak and Metro North. This creates a stable real estate market and economy for the city. Its residential real estate market is also bolstered by its wide array of amenities and attractions, creating a growing population base and tax base for the city. Amenities and attractions in the city include excellent schools, a plethora of shops and restaurants, the College of New Rochelle, historical sites, Glen Island, Hudson Park, Twin Lakes Park and a number of recreational and sporting facilities. These amenities, along with the city’s excellent transportation network, add to its strong real estate values. The city also boasts a strong, and robust economy with many jobs in sectors such as education, finance, retail, business management, health care, hospitality and much more.
The main reason for New Rochelle’s strong residential real estate market, however, is its beautiful neighborhoods. The city is renowned for its historic and charming neighborhoods, many of which boast spectacular houses and breathtaking architecture. Rochelle Park and Rochelle Park are part of a nationally designated historic district and are known for their leafy streets and beautiful homes, while Residence Park is renowned for its stunning architecture, numerous parks and suburban feel. Other historic and beautiful neighborhoods in the city include Wykagyl Park, Kensington Woods and Bayberry.
With its beautiful neighborhoods, strong real estate values and low crime rate, this city has, with good reason, a very strong and stable residential real estate market.