Brown Harris Stevens Launches NJ Brokerage

80 agents previously with Halstead officially join the growing firm

On Dec 10, 2020

Brown Harris Stevens, one of the country’s largest privately held brokerages, has officially launched in New Jersey after completing a successful merger with Halstead. The firm, which announced plans last summer to combine with Halstead, now counts 80 top agents and managers from across Northern New Jersey to its growing roster. 

“We are proud to officially welcome all of the talented Halstead sales professionals from New Jersey to Brown Harris Stevens,” said Bess Freedman, CEO. “As one powerful company, the new Brown Harris Stevens will benefit from more resources and reach, a larger global network, and unmatched services for our agents and clients.” 

All agents, managers, and properties previously affiliated with Halstead New Jersey have been added to the firm’s website, BHSUSA.com, which recently relaunched with a new look and user interface for easier search functionality.  

Through its merger with Halstead, the firm is now a market leader in Essex and Hudson Counties. The firm ranked #1 for single family/ townhouse sales over $1M in these areas since 2009. Additionally, the firm holds the record for the highest price ever paid for a single-family home in Hoboken at $6.5M. In Montclair, Brown Harris Stevens now has an average of 40% of market share on list and buy sides of homes priced $2M and above. The firm now operates two offices in New Jersey, including Montclair and Hoboken. 

A legacy firm founded in 1873, Brown Harris Stevens has been the industry leader in high-end sales. The firm currently holds additional price records across the East Coast, including:  

• NYC: the four highest prices ever paid for a co-op, two highest prices ever paid for a resale condo, and highest price ever achieved for a townhouse 
• Palm Beach: Highest-priced oceanfront sale at $95 million 
• Miami: Highest-priced condo sale ever at $60 million 

In June, Halstead announced it would merge under the Brown Harris Stevens brand to create the largest privately held real estate company on the East Coast. The firm now includes 2,500 agents across 55 offices throughout New York City, New Jersey, Connecticut, the Hamptons, Hudson Valley, Palm Beach and Miami. In 2019, the combined firms had more than $9 billion in sales and Brown Harris Stevens achieved the highest average sales price in the nation according to RealTrends.  

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