If you want to sell, you better list now

From the Star Ledger:

Want your home to sell for top dollar? Here’s the best time to list in N.J.

There isn’t an exact science to know when to list your home in order to sell it in a timely and valuable manner, but research says the best time to put your home on the market in the New York region is on a Saturday in the second half of May.

According to annual Zillow research, when a homeowner lists their home in the back half of May, the home sells on average for $3,100 more than other times in the New York metro area, which bleeds into parts of New Jersey.

In the Philadelphia metro region, which includes parts of South Jersey, the peak time to put a home on the market may already have passed. In the second half of April, homes sell on average for $2,400 more than usual.

But not all real estate agents abide to Zillow’s research, as they try to zig while everyone else zags in order to sell their client’s home.

Michelle Pais, the broker for NJ Signature Realty, said because the market is typically flooded with homes as soon as the weather warms, she advises her clients to beat everyone to the madness by listing their home before the spring market ratchets up.

As the inventory on the market rises, the demand lessens, she said.

“We have a small window,” Pais said. … “The warmer we get, the more homes pop on the market.”

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185 Responses to If you want to sell, you better list now

  1. grim says:

    From LoHud:

    Where the housing market is hottest, coolest in New York-New Jersey markets

    The region’s housing market was facing potential roadblocks going into spring market, the busiest home-selling and buying season.

    A shortage of homes in the lower price range combined with the new federal tax law that capped the amount of local tax deductions threatened to cast a pall on the market.

    Yet, as the season progresses, a sense of optimism and relief seems to have spread in the suburbs of New York City in northern New Jersey and the Lower Hudson Valley region.

    “We had a very still winter for various reasons. With low inventory, there was a fear that we would be completely at a standstill,” said Shari Porter,real estate agent with Better Homes and Gardens Real Estate Rand Realty based in New City in New York.

    But not all markets are equal, real estate experts cautioned, pointing out that the market of $1 million and up faces more challenges for a variety of reasons on both sides of the Hudson River.

    “The high end of the price range is definitely taking the hit,” said Christopher Tausch, president of Greater Bergen Association of Realtors, adding that homes priced above $2 million in his area could take two years to sell.

    In northern New Jersey counties, however, single-family-home inventory in the first quarter further declined by more than 10% in Bergen and Passaic in March compared to a year ago.

    The figure only slightly increased in Morris, by 2.2%, according to the analysis by New Jersey Realtors.

    In Bergen, the median price of homes sold in the first quarter was $455,000, down slightly by 1.1% from a year ago. In Morris, the median was $410,000, up by 2.5% from 2018. And in Passaic, the median was $320,000, up by 1.6% from a year ago.

    Bidding wars for homes priced between $400,000 to $700,000 are common in Morris and tend to squeeze out first-time homebuyers, said William Dotterweich, the broker/owner of Central Property Realtors in Morristown in New Jersey.

    “They spend time to save and then go to purchase their first home and there’s just so much competition that they might try four houses before they get one to stick,” said Carla Forte, an agent at Central Property Realtors. “It’s a bit discouraging for them.”

    Sanchez noted that about 30 percent of his buyers are millennials who are looking not just for starter homes but homes that are move-in ready.

    “For some reason — maybe they’re not as handy as previous generations — they’re looking for more updated homes,” Sanchez said of younger shoppers. “They don’t worry so much about the size of a home as long as they have all the amenities. People want to buy things that are already done. They don’t want to have anything to do.”

    The same trend has been observed in Westchester, said Matthew Gluck, founder of Nest-Edge Realty in Chappaqua.

    The blessings of spring, however, aren’t evenly distributed throughout the market. Buyers’ demand has been skewed toward lower- to mid-priced homes. The market with more affordably-priced homes is healthier compared to the market known for luxury homes, real estate experts agreed.

    “I think the market is very split,” said Gluck in Chappaqua. “On the high end, it’s extremely weak, and the lower end, it’s extremely strong.”

  2. dentss says:

    First

  3. MetroNorth? says:

    Can one buy a SFH in Peekskill and north up to Cold Springs and have some downside protection on their purchase compared to say Morris County (East of 287)? The area I am referring to seems commutable a few days a week into GC.

  4. Bruiser says:

    Young home buyers want homes that are move-in ready because reliable contractors are ridiculously expensive, and the sketchy ones that are affordable pull stunts. Want a new kitchen? $50,000. New bathroom? $30,000. And this is in Cheapsville, NJ. It isn’t out of the ordinary to hear of a reno taking months because the contractors did work that isn’t up to code, stopped showing up when they found a more lucrative job, etc. Then you have the joys of dealing with local township inspectors, who look at The Code as a guideline and implement their own draconian requirements on top of that. Now you have to call Sketchy Brothers LLC back to the jobsite…good luck.

  5. xolepa says:

    Mid-May? Optimal time?

    I call BS on that one. When house hunting with my son and DIL last week the realtors told us the market dried up last year by May. The properties that listed that late went into MLS hibernation through the winter.

    Optimal time to list is March-early April. No later

  6. Juice Box says:

    Move in ready is $329k more in my neighborhood.

    Just ask the flippers.

    Example.

    https://www.zillow.com/homes/10-Jocarda-Dr-Middletown,-NJ,-07748_rb/

  7. Walking-bye says:

    Bruiser additionally this realtor does not understand why young buyers are not willing to be suckered into paying $500k plus for a home requiring another $150k in improvements. Yet the selling generation that was oh so handy moved into new homes 50 years ago and failed to perform any upgrade.

  8. Blue Ribbon Teacher says:

    I got a dude in Trenton that is a phenomenal contractor. He and his pal are from Jamaica. He comes in at 50% of what everyone else does and does it all fast. He just wants you to get a home depot card for all the supplies and he goes and picks them up, comes back, and does the job…and a good one at that. I used him for finishing an attic space, installing new fence, and attic fans. My buddy used him to do his entire wrap around deck post Sandy. He just wants you to buy him lunch if you go out…haha. So worth it. He loves working at my place because I let him pick peppers in the garden.

  9. leftwing says:

    MetroNorth….lol, three days worth of blog post volume probably wouldn’t answer your question

    I know this doesn’t directly answer your specific question but hopefully provides some insight…

    Don’t try to guess or time the housing market. Anyone giving you a firm answer to your question is a fool or charlatan. They don’t know, they can’t know because there are too many uncertain exogenous factors, and there are too many location specific factors especially within the large geographic swath of NJ you present.

    Follow this maxim: Buy what WORKS for YOU.

    Trust me, as one of the older and more experienced participants here, it is much better to wake up happy every day than to wake up miserable with an appreciating asset. No one ever said, “boy my life really sucks, but it’s OK, my house increased in value this year!”

    Generally, will values appreciate/hold better with proximity? Of course. It also depends, obviously, on the starting price point. If you begin in a bubble regardless of location you’re more likely to get dinged. ‘Fair’ value varies dramatically, even in contiguous towns. Problem is, true accuracy in calling bubbles is a rear view mirror exercise, ie. you can’t accurately time the market. Also, I would strongly encourage one not to try to time market values with an asset which primary function is not investment, but shelter.

    Personal example of what works for you, using the negative to prove the point….

    My NYC career was overwhelmingly in two buildings right next to GCT, 245 and 277 Park. Five minutes to that train platform. With what appeared to be a long hour five minute train ride from Peekskill, 46 miles from the City, that’s still only an hour ten.

    Instead, I lived in NJ inside the 287 loop in a blue ribbon midtown direct town 28 miles from the City. The NJT ride was 50 minutes but the NYP platform is regularly at least 25 minutes from my Park Ave buildings. That’s an hour fifteen.

    The commute time is the same. The qualitative commute to my buildings from GCT would have been overwhelmingly better, rainy days I barely needed an umbrella. I had friends and family in Westchester, upstate, and CT. I am an outdoor person and spend appreciable time in the ADK and Vermont. All indicating I should have lived in the ‘outer’ perimeter, 46 miles v. 28 away…

    I didn’t. I should have.

    Back to the maxim: Buy what WORKS for YOU. Don’t try to guess price moves. Don’t try to time the housing market.

  10. Juice Box says:

    Anecdotal on my neighborhood, there are zero homes for sale this spring of the 150 homes that make up my lovely Monmouth County enclave. Lots and lots of homes are being updated, new kitchens, baths, siding, windows, landscaping improvements. Perhaps getting read to sell next year or so but none for sale now. I gather they don’t think we are at peak.

  11. Yo! says:

    Article shows Hudson County house price growth leading the region. But the March data was the weakest in at least 5 years. Growth was at least 10% from 2014 through February 2019.

    Xolepa, why are you involved in your child’s home buying search?

  12. The Great Pumpkin says:

    I agree with Bruiser. What matters most is turn-key. That’s what mattered to my wife and I. We paid a premium for it. We waited for 3 years to find a home. Got to the point that we were so sick of looking, that we ended up going into negotiations on a brand new house. By luck, my wife’s sister’s best friend’s mother ran into relationship trouble and had to sell. Was perfect timing. I ended up getting a way better home that was pretty much brand new inside and out (the works) (minus driveway). Saved a lot of money.

    Some on here said I overpaid, but they just don’t understand the premium of a turn-key home. Time is money, and buying turn-key saves a lot of time and stress.

    Btw, my brother has a plumbing business. He doesn’t even want the headache of gutting and renovating a home. He built his first home by himself. He will never do that again. Made money on it despite buying the land in 2008, but it’s just too much work. There are not many good workers left according to him…

  13. The Great Pumpkin says:

    Spillover in full effect? Their prices went up so much in comparison to the surrounding areas, it’s inevitable that the market adjusts in search of value….aka spillover.

    It’s happening all over as Essex showed with the La article yesterday. Buyers are pushing further out because the commute is now worth it based on the value presented. Like clockwork, people. Been spilling over from NYC ever since it hit peak a few years back. Have slowly been going down the rt 3 corrider and spreading out in search of value. Like a domino effect.

    Yo! says:
    May 2, 2019 at 9:46 am
    Article shows Hudson County house price growth leading the region. But the March data was the weakest in at least 5 years. Growth was at least 10% from 2014 through February 2019.

  14. xolepa says:

    Yo, because he currently lives out of state, is moving back to Jersey in September, and is a MD with sub-specialty with obviously, minimal free time on his hands. I am also retired from my IT profession, a multiple property landlord, ex-GC and grew up next to the town he is looking in.

    Any other questions?

  15. The Great Pumpkin says:

    That’s a nice house. Middletown seems like a great value right now based on the prices in the area.

    Juice Box says:
    May 2, 2019 at 9:26 am
    Move in ready is $329k more in my neighborhood.

    Just ask the flippers.

    Example.

    https://www.zillow.com/homes/10-Jocarda-Dr-Middletown,-NJ,-07748_rb/

  16. Juice Box says:

    Has anyone here done rubber mulch? I am considering it as I am getting fed up with pushing around in a wheelbarrow 10 yards of mulch every year. I am also too cheap to pay the Central Americans to do it.

    Stone/pebbles in an option too with landscape fabric but I don’t want to be too gaudy.

  17. xolepa says:

    Yo,
    Its kind of funny you describe a person who is buying a million dollar home (no help from either set of parents) as ‘a child’.

  18. Juice Box says:

    Pumps home sold fire sale in July to a flipper for 450k. I don’t think they put in 300k in improvements, but then again it will sell to someone who does not want to do the work themselves, according to the info above the millennials are too limp wristed to do any kind of improvements themselves.

  19. Juice Box says:

    A son or daughter of any age is your child.

    I’d say you did a good job helicoptering if your child became an MD.

    Advice?

  20. Bystander says:

    “You paid alot”
    -Grim to Blumpkin

    Young buyers would have to be foolish to buy a dumpy starter at 500k. They would also be stupid to pay 800k for 500k home with only 150k in upgrades. I would offer another opinion on younger buyers – who the hell has jobs not impacted by globalization? I have been on calls since 7 with Pune and UK. This is normal. At the office until 6 then log in at night several days a week. My boss works 13 hours a day easy. Who the hell has time to manage a reno? A couple of kids and you nearly zero time for anything. Downtime is online shopping, bing watching or social media.

  21. Fast Eddie says:

    Optimal time to list is March-early April. No later

    I listed my last house in the middle of the summer (2015); it was gone in 24 hours for 10K over asking.

  22. The Great Pumpkin says:

    The people I bought from bought it for 650 in 2005 and it was basic. It was built in 94 and had that 90’s look. If you look at the mls pictures you will see the difference. They dumped 200k into it and lost every dollar. Only reason they got the price they paid for is because they dumped 200k into it. They still lost big time.

  23. The Great Pumpkin says:

    I’m with Fast, if the house is desirable and up to date, it doesn’t matter when you put it on the market if it is priced correctly. The inventory is tight. Buyers praying to find a desirable home they can buy.

    Fast Eddie says:
    May 2, 2019 at 10:26 am
    Optimal time to list is March-early April. No later

    I listed my last house in the middle of the summer (2015); it was gone in 24 hours for 10K over asking.

  24. Blue Ribbon Teacher says:

    If we look at the MLS pictures, can we see the highway behind the backyard?

  25. Blue Ribbon Teacher says:

    Xolepa, why are you involved in your child’s home buying search?

    I know of several people, MDs included, that could have greatly benefited from their parents being involved in their home search….provided…the parents actually understood the market.

    MD friend of mine dug himself a giant hole with students loans and an even bigger hole with his home purchase. He lives the equivalent standard of living of someone making $60k right now and he knows it. He wishes he became a plumber.

  26. xolepa says:

    Juice,
    Helicoptering to a certain point, but there is a point you have to let them reach on their own. For my oldest, it was about thirteen years of age. He made extra money refereeing Travel soccer. Then he took that money, bough $3K worth of DJ equipment and branched out to that. Since he was only 16 at the time, I had to help transporting the equipment. But at $500 a gig, it was worth it for him. Did mostly school stuff.

    My most stern lecture to my kids was like this: ‘every action, decision you make has a consequence in life. It may be good or bad, but their is a consequence’. They understood.

    Second ‘child’ BTW, is also an MD. He is starting residency in two months.

    Youngest, the daughter, is building her career in Nashville.

  27. The Great Pumpkin says:

    Think about it, though. If it’s turn key to your taste, you get to move right in with zero headaches. Understand that if you try to do the same renovation on your own, unless you are doing all the work yourself, you are probably going to pay more. If you take it on yourself, you will not be moving in anytime soon. If you choose to move in while renovating, here is a gun to go shoot yourself.

    Everything has a cost, so let’s not write people off willing to pay as idiots. They value their time and sanity.

    “They would also be stupid to pay 800k for 500k home with only 150k in upgrades. I would offer another opinion on younger buyers”

  28. Yo! says:

    Xolepa, no offense intended. Just curious because I’ve bought several homes and last thing I wanted was parents or in laws involvement.

    I live waaay below my means and bought latest home with cash (later did 15 year mortgage) so I didn’t need to be saved from a bad financial decision.

  29. chicagofinance says:

    repellent

    Tesla Looks to Raise as Much as $2.3 Billion in Debt and Equity

  30. Juice Box says:

    Chi- the good news on Tesla is now they won’t have to raise money again until Q4.

  31. The Great Pumpkin says:

    Wow, really good news. The best economic boom of our lifetime…remember pumps said this first before any expert.

    “U.S. Worker Productivity Advances at Best Rate Since 2010
    Meanwhile, pay increases were mostly offset by better efficiency, a factor helping keep inflation in check

    U.S. workers’ efficiency improved during the past year at the best pace in nearly a decade, laying groundwork for stronger wage growth and continued economic expansion.

    The productivity of nonfarm workers, measured as the output of goods and services for each hour on the job, increased at a 3.6% seasonally adjusted annual rate in the first quarter from the prior three months, the Labor Department said Thursday. From a year earlier, productivity rose 2.4%, that was the best gain year-over-year since the third quarter of 2010, when the economy was just emerging from a deep recession.

    Productivity tends to be strong in the early days of an economic cycle. The accelerating improvement nearly 10 years after the recession ended raises hopes that a combination of more efficient workers and Americans rejoining the labor force could provide the fuel necessary to keep one of the longest expansions in the post-World War II era running.”

    https://www.wsj.com/articles/u-s-worker-productivity-advances-at-best-rate-since-2010-11556800550?mod=hp_lead_pos6

  32. The Great Pumpkin says:

    “Last quarter’s improvement coincides with better economic growth. Output of nonfarm businesses rose at a 4.1% annual rate in the first quarter, the Labor Department said.

    Productivity improvements are a key ingredient for the U.S. economy to maintain a 3% growth rate—a goal of the Trump administration. That is especially true as a tight labor market and low unemployment make it more difficult for employers in many industries to fill job openings.

    Productivity growth in the longer run is also associated with wage gains. If workers are more efficient, employers can raise pay without cutting into profit margins.

    Thursday’s data reported a gauge of compensation expenses, unit-labor costs, decreased at a 0.9% annual rate in the January through March period from the fourth quarter of 2018. From a year earlier, unit-labor costs were up 0.1%. That shows pay increases were mostly offset by better efficiency, a factor helping keep inflation in check.”

  33. The Great Pumpkin says:

    Best part of the article….they are finally starting to open up to the idea that this is only getting started. God, this feels fuc!king great. Just wish I was able to get a paid position in which I would have been paid for my calls. Only problem, no one would have believed me back in 2012/13. Even in 2017, they still would not give my calls a chance. So I came up with a remarkable analysis of the market almost 10 years out, but no one would actually take it seriously. Life is funny…

    “Chad Syverson, a University of Chicago economist who studies productivity, said it isn’t likely that tax cuts, or any single event, would spark a productivity breakout. He’s also cautious about declaring there has been a change in the trend of sluggish gains.

    “We may be seeing the first glimmers of coming out of the doldrums experienced during the past eight years,” he said. “I’m not ready to throw a party yet.”

    There is encouraging data from other countries, Mr. Syverson said, including the U.K. That’s positive because productivity changes are often global in nature. But change doesn’t happen in a quarter, or a year, he said. Rather, productivity shifts tend to play out over five to 10 years.”

  34. The Great Pumpkin says:

    You just have to laugh and not take life so seriously…treat it like the comedy it is.

    Pure comedy= some 32 year old nobody comes on some blog Njrereport.com. Makes these calls so often that he becomes the most hated troll to ever participate on the blog. Hangs around for years annoying the participants to no end with his calls until they actually start happening. He looks for respect, but still get nothing and still won’t leave.

    ROTFLMAO

  35. Libturd, can't say I didn't warn you. says:

    Boot the simpleton!

  36. The Great Pumpkin says:

    I’ll give the place a break, but laugh about it as opposed to getting angry about it. Some simpleton made some of the greatest economic calls of our time…..if you can’t laugh about that, you need to stop taking life so seriously.

  37. Bystander says:

    How’s that “buy all Newark property” call working out, d#ickhead? Did Amazon move in yet? Oh wait the roaring 20s are only half year away. Hold on, Newark.

    “CNBC – US cities that will see housing decline

    #1 Newark NJ – highest in homeowner vacancy and foreclosure.”

  38. Fast Eddie says:

    #1 Newark NJ – highest in homeowner vacancy and foreclosure.”

    It would seem like a buy. I’m thinking Williamsburg, East New York, Harlem, even Harrison for a similarity. Hell, one could buy a row of brownstones in downtown Jersey City for 20K apiece around 1980. Newark has the PATH. Hoboken was dead at one time. I just think that eventually the masses seek something affordable and the neighborhood gentrifies.

  39. Blue Ribbon Teacher says:

    You know, you can get paid for your calls by investing some of that million dollars you claim you are worth in your calls. No?

  40. Thursday Eddie says:

    The issue with Newark is the underlying political machine that has existed since the beginning of last century with the irish, italians, and blacks.

    Closest thing around here that explains what or how it will happen is Hoboken,
    but the question still is an evolutionary like question, what comes first the chicken or the egg?.

    In the early 80’s Hoboken, the mob influence political machine started to move into condominium conversions and new construction, in the process they burned and killed a lot of poor folks. The mob influence machine retained total political control till the 00’s.

    That is when the predominantly educated whites started challenging the machine, its power presently markedly reduced, but still powerful in the Board of Ed, Police, Fire and Building permits.

    The transition moment is best seen below. From Wikipedia about Peter Cammarano:

    A Democrat,[7] Cammarano was elected Councilman-at-Large in Hoboken in a 2005 run-off election.[3][8] At the time, he was an associate attorney at Genova, Burns & Vernoia, an election law firm.[9]

    On June 9, 2009, Cammarano won the Hoboken Mayor’s race in a runoff election, defeating Dawn Zimmer by 161 votes. Observers credited his victory to absentee and provisional ballots, along with the hiring of many residents from districts that eventually voted in large numbers for him. Zimmer’s three running mates won control of the City Council despite Cammarano’s mayoral victory.[10] Cammarano was sworn into office on July 1, 2009. At age 32, he became the youngest mayor in city history.[11]

    On July 23, 2009, just 22 days after assuming office, Cammarano was arrested by the FBI as part of a major political corruption and international money laundering conspiracy probe known as Operation Bid Rig. Cammarano was charged by the U.S. Attorney’s Office for the District of New Jersey with accepting $25,000 in cash bribes from an undercover cooperating witness.[12] Cammarano announced his resignation on July 31, 2009.[1] In his resignation letter, Cammarano said, “I apologize to the residents of Hoboken for the disruption and disappointment this case has caused”. He was succeeded by Zimmer, who had been elected City Council president and as such was next in line as acting mayor until elections could be held.[13]

  41. Bystander says:

    Ed,

    I would think Brownsville would gentrify first prior to Newark. So far, even millennials are not that stupid. I was in Paulus Hook for first time in over a decade this weekend. Stroller pushers were Indian and Chinese. I think we all know that NYCs run was foreign buyers. That has slowed. Hudson will catch a cold. Newark the flu..

  42. Bruiser says:

    Blue Ribbon Teacher, 9:39 am

    Sounds like a great guy. You get permits for all that? Pass all your inspections & get green tagged? What’s his license number, and his bondholder’s number?

  43. Thursday Eddie says:

    So the political machine has to start the motion for change, but not be too greedy or be control freaks – and have a mindset of a small piece of a growing pie is better than nothing, and having luck in their side in regards to population’s taste regarding the area and that no one tips off the FBI, and that a case is not built around what they are doing.

    You see it again with Camden, George Norcross and the 1.1 Billion tax break for his company and partners in the nj.com article posted a few days ago.

    When the Newark machine is able to do that, than maybe you’ll see change. Otherwise just expand Newark Airport north into Newark proper.

  44. Libturd, can't say I didn't warn you. says:

    You’d have to rebuild a prison. Then again, if you just released all the inmates to the streets of Newark, no one would probably notice.

  45. Libturd, can't say I didn't warn you. says:

    I spend a lot of time in Newark. Ironbound from Penn east to the bridge to Harrison is a really nice neighborhood. It’s blue collar and Portuguese Proud. North, is already crazy gentrified Harrison and improving Kearny. The problem is the other directions. Once you cross the stenchy river (problem number one), and go past the railroad tracks, it’s all corporate for the first 1/4 mile, all government for the next quarter mile, all ghetto college for the next 1/4 mile and then Camden style hell for the next 4 miles stretching South and North. Hell, it’s ghetto 10 miles stretching West to Maplewood. The real problem with the gentrification in Newark is that 3/4 mile stretch that blocks Kearny, the Ironbound and Harrison from making headway into Newark. The neigborhood goes from European to Black and never goes back.

  46. Libturd, can't say I didn't warn you. says:

    And if you guys haven’t been through Harrison lately. It is beginning to look and price a lot more like Hoboken by the day. What used to be a land mass riddled with graffiti covered industrial factories and toxic waste sites has morphed into a very cool neighborhood. Shame they haven’t noticed there’s a soccer stadium there.

  47. Mike S says:

    In terms of reno – no need to do it all at once.
    My ‘1930s’ house has a 25 year old kitchen/bathroom.
    Since moving in i’ve done one or two things a year
    Painted/ripped up carpet and refinished original floors before moving in
    New roof
    Installed central AC
    doubled driveway width
    new water heater
    new kitchen appliances
    new floors in kitchen/basement

    on the list:
    new siding, enclose / expand porch / rip up deck put in patio…

    No need to add real square footage or add bathrooms where they don’t exist <– this is what will cost you.

  48. Fast Eddie says:

    Bystander, Brownsville indeed is on it’s way, I believe.

    Thursday Eddie, thanks for the insight. I remember the Hoboken scandal.

  49. Libturd, can't say I didn't warn you. says:

    Want a good laugh? Guess who became the Montclair Township Attorney in 2010?

    https://www.nj.com/hobokennow/2009/06/ira_karasick_and_his_father_be.html

  50. The Great Pumpkin says:

    Buy when there is blood in the streets.

    Just use logic. Newark land is too valuable to the nj economy to continue being used as a ghetto. These people will be pushed out, and Newark will rise. I’ll put my life on it. Understand human nature and then apply logic. The ghetto will get pushed out. It’s only a question of when.

    Bystander says:
    May 2, 2019 at 1:25 pm
    How’s that “buy all Newark property” call working out, d#ickhead? Did Amazon move in yet? Oh wait the roaring 20s are only half year away. Hold on, Newark.

    “CNBC – US cities that will see housing decline

    #1 Newark NJ – highest in homeowner vacancy and foreclosure.”

  51. The Great Pumpkin says:

    I would imagine they will go after the current political regime. They will take them out on corruption charges/bullying slowly one by one till they have no power.

  52. The Great Pumpkin says:

    They are prob planning/setting up corruption traps for the current regime as we speak.

  53. Young Buck says:

    Who is? Murphy?

    The Great Pumpkin says:
    May 2, 2019 at 4:18 pm
    They are prob planning/setting up corruption traps for the current regime as we speak.

  54. PumpkinFace says:

    Why now? Why not 5 years ago? 10, 15, 20, 25?

  55. Thursday PumpkinFace says:

    Boy, you guys don’t understand political machines.

    Pumpkin, is no different than your family. You drug dealer pop probably gave some cash loot to your grannie which gave it to you as a discounted “price” on your first roach infested real estate investment.

    Machine have powerful charismatic leaders. But they are still a collective of people with a vested interest that “the present particular” leader takes care of. You can take out the leader, but the collective swarm stays, searching for the next “Boss Queen Bee”. That is why you see Machines in ethnic towns.

    That collective swarm might be the police and fire department hierarchy looking to maintain or keep their little center of powers. They are residents looking for jobs, assistance with certain issues, etc.

    May I remind you that Jersey City Mayor Brett Schundler won the election in ’89 as sole republican when their were 18 other democratic candidates. One of the things he first did was to sell tax lien in property with arrear taxes. This directly allowed Jersey City to gentrificate exponentially faster rate that it would normally would have.

    Because the machine previously ran by McCann allowed people not to keep up with their property tax payment. The machine accepted that a percentage of people would not be able to afford the high taxes.

    In lieu of forcing them out of their home, it make sure they stay in their home and understood the favor given for their vote. There is no way any of those jersey city residents owners late on their taxes would vote for anyone other than the machine.

    Of the top my head the scandal in Elizabeth Board of Ed, where everyone was getting free lunches. You know what, a “machine” knows about it, but it also knows that there are kids and families eating 3 meals a day only because the machine looked the other way.

    The fact is the machine is your friend in those areas.

  56. The Original NJ ExPat says:

    Highway houses are known to cause adulterous behavior. Maybe it’s the fumes?

    By luck, my wife’s sister’s best friend’s mother ran into relationship trouble and had to sell.

  57. The Original NJ ExPat says:

    He still has all of his millions tied up in Pancake in a can. Today you can buy about 91,000 shares of NHMD for $100 (closed at 0.0011 today).

    You know, you can get paid for your calls by investing some of that million dollars you claim you are worth in your calls. No?

  58. The Original NJ ExPat says:

    Buy when there is blood in the streets pancake batter.

  59. Blue Ribbon Teacher says:

    Donuts a favor….put your life on it. Go stroll down MLK Blvd looking for properties to buy.

  60. Bystander says:

    “Buy when there is blood in the streets.”

    That is everynight in Newark, dummy.

  61. Thursday Pumpkinface says:

    Just ran into this by accident. This is how a machine works. Is a website note from the Ironbound Ambulance (originally volunteer service serving the Ironbound section of Newark) University Hospital is the primary EMS provider.

    Recent News
    Friday, Feb 22, 2019 – New Jersey Interoperability Communications System (NJICS)
    It has been the pleasure of the Ironbound Ambulance Squad to serve the Newark Community since 1952. IAS was started to decrease response times to emergency calls in the Ironbound area. As a self-sufficient entity, IAS has become a vital public safety organization serving the Newark community.

    The organization receives no federal or municipal funding and is supported by generous donations from community members and local businesses.

    Recently, IAS was informed that the EMS dispatch system, the Regional Emergency Medical Communication System (REMCS) would no longer be used within the City of Newark. This system located at the University of Medicine and Dentistry of New Jersey will be phased out and will no longer be in use by the end of 2019.

    The system that will replace it, is the New Jersey Interoperability Communications System (NJICS). With the change to the new system, the Ironbound Ambulance Squad would be required to purchase new radios that receive the signal from the new system.

    As many of you might know, system upgrades or transfers can be expensive. With that said, we are grateful and pleased to announce that we have received a large donation from Councilman Augusto Amador which will allow us to complete this monumental task.

    We would like to take the opportunity to thank Councilman Amador for his generosity, which allows us to continue providing emergency assistance to Newark’s community.

  62. joyce says:

    I don’t get it – did anyone make a comment that is contradicted by your story?

    Thursday PumpkinFace says:
    May 2, 2019 at 4:55 pm
    Boy, you guys don’t understand political machines.

  63. The Great Pumpkin says:

    My take.

    Urban real estate didn’t become valuable until about 15 years ago.

    With Newark area, it seems their strategy is to work from the outside and slowly engulf the ghetto. You have to understand how human nature is looking at this. People saw gentrification in places that seemed impossible (Hoboken, jc, and Harrison). Now they are doing the math and there is nothing that will stop them from opening up this treasure chest now. It’s human nature. Big money is coming for the fish. Sharks..

    PumpkinFace says:
    May 2, 2019 at 4:32 pm
    Why now? Why not 5 years ago? 10, 15, 20, 25?

  64. The Great Pumpkin says:

    Was thinking about this Newark topic some more. You clean up Newark, what’s the tax impact on Essex county? From a housing standpoint, will this lead to appreciation as tax liability becomes more favorable?

    What’s the impact on nj? This could usher in a new age for the state economy.

    The gentrification of Newark is inevitable, too much as stake.

  65. grim says:

    Never happen.

  66. Friday Grimmm says:

    Never happens is not 100% right. Just a lot of people have to be taken care of, and there is no true present value in Newark proper right now to make enough money to pay everyone off. Now if next monday morning the NYSE, Fed Reserve, Chase, Citibank, the UN, TIAA, MetLiFe move their HQ to a Newark zip code, than is another issue.

    Essex is owned by Joe DiVincenzo, a non-gentrified Newark is where the votes are, and by de-facto you are king of north jersey politics; from Wikipedia

    Statewide influence
    DiVincenzo is generally considered to be a power broker and political boss of the Essex County political machine, exerting much influence on county and state politics.[11] In 2011 in The New York Times, New Jersey State Senator Kevin O’Toole (R-Essex) is quoted as saying that “in terms of Democratic politics, Joe D. is becoming the king of North Jersey.”[12]

    Crossing party lines, he endorsed Republican Governor Chris Christie in his successful 2013 re-election bid.[13][14]

    South Jersey is owned by George Norcross, he’s more about pay to play and control of his “empire” the “Black Jack Foley” character from The Showtime series “Billions” is more like him, he will be one of the reasons no federal elected democratic politician from NJ will go single payer M4A, if it happens George Norcross golden goose of brokering with pay to play higher cost insurance over the State Public Employee’s Plan to towns is over; from Wikipedia.

    Norcross has been a prominent political leader in New Jersey for over 25 years, since he became chairman of the Camden County Democratic Committee in 1989, a position he held until 1993. For many years, he has been named one of the most powerful non-elected political figures in New Jersey by the website PolitickerNJ.com.[2][3] In 2014,[4] 2015[5] and 2016[6] he was named the second most powerful person in New Jersey after Governor Chris Christie by NJBiz.com. He is a member of the Democratic National Committee. He belongs to Mar-a-Lago, the club belonging to United States President Donald Trump.[7]

  67. 1987 Condo says:

    Jobs Report Friday!

  68. Grim says:

    263k!!

  69. Grim says:

    3.6% UE

  70. Grim says:

    Boom!!!!!

  71. 1987 Condo says:

    Jobs: + 263,000

    UE: 3.6% lowest since 1969

    3.2% Wages YOY

  72. Fast Eddie says:

    Trump economy sucks… elect Bernie and gimme free sh1t.

  73. Grim says:

    49 year low in unemployment

  74. D-FENS says:

    This is with the Fed holding the rate steady along with quantitative tightening. Imagine if they lower the rate as Trump wants.

  75. The Great Pumpkin says:

    What a great time to be an American. Kids graduating from college right now are stepping into huge piles of sh!t… talk about having it easy compared to the generation 10 years ago.

    Remember who called this economic boom….while experts were calling for recessions every year, and crying doom around the corner, pumps was calling for the greatest economic boom of our lifetime. I called this labor market and economy long ago.

  76. Blue Ribbon Teacher says:

    And wage inflation right around the corner too?

  77. The Great Pumpkin says:

    Blue, we are hitting 3.3% wage growth. When I made these calls, wages were stagnating. People thought it was impossible to have wage growth, especially at the low skill level. Remember clot ripping into me claiming global wage arbitrage means it’s impossible for low skill wage growth? That I was a fool for thinking such a thing possible…

  78. JUice Box says:

    Well Obama had an effective FFR of Zero for his entire time in office. I gather Trump is jealous.

  79. Juice Box says:

    FFR over time, bunch of junkies will never be weaned it is inflate till we all are dead.

    https://fred.stlouisfed.org/series/FEDFUNDS

  80. Blue Ribbon Teacher says:

    I don’t recall anyone on this board arguing we wouldn’t get wage growth. What people have consistently said was we wouldn’t get wage growth in real terms.

  81. GdBlsU45 says:

    So finally the fake news ny times is acknowledging that Obama weaponized the intelligence community to target political opponents. He was already caught doing it with the irs. What else would you expect from a disciple of domestic terrorist bill Ayers.

    And you are hearing non stop shrill demands for Barr to resign. I guess now that the investigation of the Obama/DNC malfeasance from 3016 is about to heat up they suddenly don’t want any investigations.

  82. The Original NJ ExPat says:

    Pumps doesn’t understand anything that begins with the word “real”. Real growth, real interest rates, real educational degrees, real dad, real truth, real profit, real estate, real pancakes. The only exception is where he likes to buy homes, on a road that’s real fast.

    I don’t recall anyone on this board arguing we wouldn’t get wage growth. What people have consistently said was we wouldn’t get wage growth in real terms.

  83. Libturd, can't say I didn't warn you. says:

    I was looking forward to a “real” break from his nonsense. That lasted about a real 20 twenty minutes.

    Weaponized the intelligence community? You been watching to much Info Wars lately GDBLSU45.

  84. GdBlsU45 says:

    What do you think this was about turd?
    https://www.nytimes.com/2019/05/02/us/politics/fbi-government-investigator-trump.html

    Bama loving CIA was paying spooks to infiltrate the trump campaign. When that failed the FBI used the dnc/Hillary dossier as an “insurance plan” to unravel his presidency.

    Don’t let your hatred blind you. Bama was a trrrortist in chief. Every freedom loving person should be outraged by this.

  85. JCer says:

    Lib, looking at it rationally…..I know hard in a world where Trump is president. There has been something that wasn’t quite Kosher about the Russia investigation from the beginning. It felt political in nature and has proven to be. It does seem like some actors in FBI, Intelligence agencies, and Justice Department were acting on the basis of political bias how far up that goes remains to be seen.

  86. GdBlsU45 says:

    AND jcer we’ve learned not only was the investigation was a sham that everything trump was accused of, Hillary and the dnc actually did. Such as eliciting foreign intelligence to target a political opponent. They attempted to use both Russian and Ukrainian sources. They DID collide with Russians.

  87. The Original NJ ExPat says:

    Lib – you will change your mind about this in about 60 days or when Mike Rogers becomes a name you’ve heard. The New York Times are just the first rats jumping off the fake news boat. CNN will be last, MSNBC (and perhaps NBC) will go down with the ship. The NYT has always known the real story and is now going to have to start printing it or just go away completely. The next IG report is going to bring some new names to the surface, including Mike Rogers, one of the lone good guys inside who knew first hand what was going on.

    I was looking forward to a “real” break from his nonsense. That lasted about a real 20 twenty minutes.

    Weaponized the intelligence community? You been watching to much Info Wars lately GDBLSU45.

  88. Yo! says:

    American Dream opened. Anybody checking it out this weekend?

  89. ExEssex says:

    I think ol’ mushroom dick overplayed his hand. He’s dirty, dumb, and full of cum.

  90. Fast Eddie says:

    Trump: Now it’s my turn!

  91. ExEssex says:

    Trump: issssit time fo a big Mac yet? Deeeerrrrr

  92. ExEssex says:

    Watch his shill AG get arrested. That’ll be fun.

  93. joyce says:

    Couple of footnotes on jobs report:
    -900,000 people left the workforce last month
    -average workweek was down a tenth

  94. ExEssex says:

    Lock him up !

    Lock him up !

  95. The Original NJ ExPat says:

    ExSex – Do you have any morning drinker friends?

  96. The Original NJ ExPat says:

    That was Hillary’s plan…a couple things didn’t go her way though, starting with the election. Do you think that pus-filled cunt would have let Trump just fade away to private life if she won? Her plausible deniability was going to be, “This investigation was going on since way before the election, I didn’t know anything about it.” The truth is she was fueling it.

    Lock him up !

    Lock him up !

  97. Friday GB45 says:

    This is from XX Committe website,

    The big problem with getting to the bottom of President Donald Trump’s Kremlin ties isn’t just secrecy and classification—it’s that practically nobody in Washington wants to know the messy and complex truth.

    You need to shut up about what you can’t talk about, as Ludwig Wittgenstein memorably put it. It sounds more meticulous in the philosopher’s original German (Wovon man nicht sprechen kann, darüber muss man schweigen), but the point is the same: Some things just aren’t fit to be uttered in polite company.

    Espionage is one of those things. The public likes the movie version of spying—fast cars, beguiling beauties and baccarat—but not the real-life kind, which bears no resemblance to the film version. Espionage in the real world is messy and difficult. Knowing who in Washington is in bed with foreign intelligence services can be unsettling. Counterintelligence is not a job for the faint-hearted, or anyone who likes justice dispensed quickly.

    That’s the keyword mostly missing from Special Counsel Mueller’s report on Trump and the Russians in 2016. It’s probably there a lot more, but since the version the public has seen is heavily redacted, who knows how many times counterintelligence came up in the write-up by Robert Mueller and his staff?

    Perhaps it doesn’t matter. The American public seems to have made up its mind, without knowing the full story, if polls are to be believed. Most Americans feel the Mueller probe was fairly conducted, that Trump is covering up his true ties to Moscow and probably obstructed justice to do so, yet barely more than a third of Americans favor impeachment.

    From a counterintelligence viewpoint, the Mueller report portrays a Trump campaign that was guilty as hell of colluding with the Kremlin to damage Hillary Clinton and the Democrats in 2016, to the benefit of Donald Trump (and, let’s not forget, Vladimir Putin). While that may not meet prosecutorial threshold—the Espionage Act being devilishly difficult to apply in practice—it meets any intelligence standard of colluding with the enemy.

    Of course, this is hardly the first time that a major Washington espionage scandal involving the White House stalled politically even though the Intelligence Community knew the full, unpleasant truth—which Congress failed to unmask despite making a lot of noise about doing so.

  98. Friday GB45 says:

    Take the Clinton administration’s unfortunate relationship with Iranian spies in the Balkans back in the mid-1990s, which has fallen down the memory hole, yet is knowable to anyone possessing Google. In April 1996, just months after President Bill Clinton employed U.S. military power to end the awful Bosnian war, The Los Angeles Times reported a bombshell: The White House, two years before, had given a ‘green light’ to secret shipments of Iranian weaponry to the Bosnian Muslims.

    Given that Tehran, then as now, was considered a terrorist regime deeply hostile to the United States, possessing ample American blood on its hands, this was a shocking story. Republicans professed outrage and charged Congress with getting to the bottom of what happened. Inquiries by the House and Senate intelligence committees followed, promising to unmask the Clinton administration’s support for Iranian spies in Bosnia.

    Except, they didn’t. The investigations dragged on for a couple of years yet, in the end, the House and Senate reports more or less punted, concluding that, although some U.S. officials had acted improperly, there was no formal covert action by American intelligence in Bosnia which benefitted Iran. This was technically true, since CIA and other U.S. spy agencies knew what was going on between Clinton’s National Security Council (NSC) and Tehran and considered it madcap. The conclusion that Clinton’s NSC ran a secret arms pipeline that aided Iran was too eerily similar to what Ollie North had done with Ronald Reagan’s NSC only a few years before that it met nobody’s ‘Narrative‘ in the 1990s, so the story ebbed away.

    Even after 9/11, it failed to revive, even though it should have. What American spies knew was that the Clinton administration giving Iran a free hand in Bosnia between 1992 and 1996 had baleful consequences for our security. The House and Senate intelligence committees had dodged most of these issues on grounds of classification and simply not wanting to know. What did they omit?

    That Tehran’s intelligence agencies, especially its terrorist-backing Iranian Revolutionary Guards Corps (IRGC), made Bosnia their European base, training thousands of jihadists there. That Bosnian Muslim political and security leadership was a nest of Iranian agents, with many of them on Tehran’s payroll. That Iranian weapons shipped to Bosnia with U.S. approval made it into the hands of Al-Qaeda. That the IRGC in Bosnia enabled the growth of Al-Qaeda from a minor terrorist group into a major global threat.

    I exposed all of this, finally, with my 2007 book Unholy Terror. I was one of the American spooks who knew the unpleasant story about Iran and Bosnia, and my book could be fairly termed a whistleblower’s account. But the mainstream media ignored it, since Unholy Terror wasn’t edifying to anyone in our nation’s capital, depicting as it did dumb U.S. policies that helped Al-Qaeda grow and metastasize in the run-up to 9/11.

    A couple weeks ago, a former IRGC general boastfully outed his secret 1990’s activities, including his work under cover in Bosnia training jihadists. He explained, “In Bosnia, in the heart of Europe, there were many developments. We were side by side with Al-Qaeda. The members of Al-Qaeda learned from us. From all over the world, mujahidin poured into Bosnia.”

    IRGC leadership denounced these comments, since the last thing Tehran needs right now is more pressure from the Trump administration, which seems hell-bent on war with Iran. But everything the general said about his activities in Bosnia was true, and American spies have known it for decades.

    The ability of our political-media elite in Washington to bury spy stories which they don’t want discussed remains impressive, even in the age of the internet and social media. Although House Democrats now seem determined to get to the bottom of Trump’s Kremlin ties, to advance the story beyond what Mueller has told the public, that will be a long and arduous fight. Veterans of the secret wars on the Potomac know how such sagas play out and understand that it will take decades, not years, for the truth to emerge here.

  99. ExEssex says:

    10:51 right now i’m Sitting at an Herbalife bar drinking a smoothie. So yeah.

  100. Friday GB45 says:

    Take the Clinton administration’s unfortunate relationship with Iranian spies in the Balkans back in the mid-1990s, which has fallen down the memory hole, yet is knowable to anyone possessing Google. In April 1996, just months after President Bill Clinton employed U.S. military power to end the awful Bosnian war, The Los Angeles Times reported a bombshell: The White House, two years before, had given a ‘green light’ to secret shipments of Iranian weaponry to the Bosnian Muslims.

    Given that Tehran, then as now, was considered a terrorist regime deeply hostile to the United States, possessing ample American blood on its hands, this was a shocking story. Republicans professed outrage and charged Congress with getting to the bottom of what happened. Inquiries by the House and Senate intelligence committees followed, promising to unmask the Clinton administration’s support for Iranian spies in Bosnia.

    Except, they didn’t. The investigations dragged on for a couple of years yet, in the end, the House and Senate reports more or less punted, concluding that, although some U.S. officials had acted improperly, there was no formal covert action by American intelligence in Bosnia which benefitted Iran. This was technically true, since CIA and other U.S. spy agencies knew what was going on between Clinton’s National Security Council (NSC) and Tehran and considered it madcap. The conclusion that Clinton’s NSC ran a secret arms pipeline that aided Iran was too eerily similar to what Ollie North had done with Ronald Reagan’s NSC only a few years before that it met nobody’s ‘Narrative‘ in the 1990s, so the story ebbed away.

    Even after 9/11, it failed to revive, even though it should have. What American spies knew was that the Clinton administration giving Iran a free hand in Bosnia between 1992 and 1996 had baleful consequences for our security. The House and Senate intelligence committees had dodged most of these issues on grounds of classification and simply not wanting to know. What did they omit?

    That Tehran’s intelligence agencies, especially its terrorist-backing Iranian Revolutionary Guards Corps (IRGC), made Bosnia their European base, training thousands of jihadists there. That Bosnian Muslim political and security leadership was a nest of Iranian agents, with many of them on Tehran’s payroll. That Iranian weapons shipped to Bosnia with U.S. approval made it into the hands of Al-Qaeda. That the IRGC in Bosnia enabled the growth of Al-Qaeda from a minor terrorist group into a major global threat.

    I exposed all of this, finally, with my 2007 book Unholy Terror. I was one of the American spooks who knew the unpleasant story about Iran and Bosnia, and my book could be fairly termed a whistleblower’s account. But the mainstream media ignored it, since Unholy Terror wasn’t edifying to anyone in our nation’s capital, depicting as it did dumb U.S. policies that helped Al-Qaeda grow and metastasize in the run-up to 9/11.

    A couple weeks ago, a former IRGC general boastfully outed his secret 1990’s activities, including his work under cover in Bosnia training jihadists. He explained, “In Bosnia, in the heart of Europe, there were many developments. We were side by side with Al-Qaeda. The members of Al-Qaeda learned from us. From all over the world, mujahidin poured into Bosnia.”

    IRGC leadership denounced these comments, since the last thing Tehran needs right now is more pressure from the Trump administration, which seems hell-bent on war with Iran. But everything the general said about his activities in Bosnia was true, and American spies have known it for decades.

    The ability of our political-media elite in Washington to bury spy stories which they don’t want discussed remains impressive, even in the age of the internet and social media. Although House Democrats now seem determined to get to the bottom of Trump’s Kremlin ties, to advance the story beyond what Mueller has told the public, that will be a long and arduous fight. Veterans of the secret wars on the Potomac know how such sagas play out and understand that it will take decades, not years, for the truth to emerge here.

  101. xolepa says:

    And now to return to the Montgomery house shopping story, part 2

    Son and DIL were thinking of putting bid on second, less expensive home after being outbid for their number 1 choice. Wife and I visited the house (asking mid 8s) twice, too. I noticed several unusual things:
    1) Unfinished basement was freshly painted, walls and floor. Hmmm. I know what that’s about.
    2) The house was on a lot of 2.5 acres but with 1 acre zoning and the open space suited for another building lot. Hmmm. Why no other house?
    3) Water was seeping through the ground at the end of the lot and onto the street. All the roads otherwise were dry. Hmmm.

    Son calls up couple days later and says What do you think?

    I said it all adds up to a high water table and something is wrong. The vacant property next door for some reason can’t perc, otherwise it would have been subdivided and sold for $400k.

    Called son back two days later and asked him if he was still interested. He said that he and DIL got plat docs for the neighborhood and it turns out that end of backyard running through to street (that wet spot) stands a ‘drainage easement’.

    Dad’s intuition was right. All the neighborhood water runs through the back. Of course, you couldn’t tell by looking at it on a dry day. Wait till another Irene or Floyd hits.
    What irks me the most is that the RE agents most likely knew these inconvenient facts, being that they’re neighborhood ‘experts’. They really got upset during the visitations when they realized I knew more about the houses and neighborhoods than they did. They also gave high praises to Toll Brother homes. When I heard that name, I cringed.
    The standard hvac recipe with all these ‘higher standard’ builders is two zone hot air and two zone AC, integrated into two furnaces/blowers. They build living spaces over the garage, usually a huge MBR suite and expect people to live in them comfortably. Well guess what, Charlie, the living space over the garage is the coldest area of the entire house. You need a separate heat/ac zone for that area. Nada. I noticed the temperature differential as soon as I walked upstairs. That’s why my house has HWBB and five zones, including one dedicated to the area over the garage. It works.

    End of Rant

  102. Bystander says:

    Funny, how 3 years ago the jobs numbers, inflation stats, stock market were all lies from the Obama administration. Now, Orange clown supporters tout them as important indicators of his policies.

  103. ExEssex says:

    11:15 pathetic and strangely hilarious typical though for these clowns.

  104. Libturd, can't say I didn't warn you. says:

    Like I said before. Lay off the InfoWars. I never believed in any collusion since day one. Nor do I believe Obama was any worse than any predecessor when it comes to rights. If I recall, the Patriot Act was passed when Obama wasn’t a speck on the political map. We know. We know. Give me a T. Give me an R. Give me a U.

    Keep on chearleading for the most spiteful and morally bankrupt president ever witnessed in our country.

    Though, I agree with you on much of the Hillary crap.

  105. GdBlsU45 says:

    USX announces $1B to modernize two steel plants. MAGA

  106. ExEssex says:

    Wanna make America great again?

    Listen to the new Album the Gospel According to a captain Badass.

    It’s that good.

  107. Libturd, can't say I didn't warn you. says:

    GDBLS.

    I have no train into the city this Summer.

    MAGA.

    Spiteful, president with the mentality of a three-year-old.

  108. Blue Ribbon Teacher says:

    xolepa, what road was it on if you don’t mind me asking.

  109. GdBlsU45 says:

    Morality is relative I suppose. Bill Clinton was a rapist and likely a child molester. 30+ million unborn children have been exterminates since row vs wade brought to you by progressive democrats. What had trump done again?

  110. Blue Ribbon Teacher says:

    American Dream opened. Anybody checking it out this weekend?

    I’ll check it out this Sunday….oh wait, I can’t. That’s against the law.

  111. The Great Pumpkin says:

    Lmao….Paid 13,000 to fix the line last year. Somehow within a year, a perfectly good line broke (obviously someone broke it, no roots and a hole from above). I’m left with another $5900 bill. Does anyone know a lawyer that specializes in this?

    Clifton engineer now tells me that my main line was most likely broken by the subcontractors installing new gas lines for pseg. Said to put in a claim. Talk to pseg claim advisor and he says we need pictures of it. So I’m going to spend another 13,000 to open up the street to get pictures?

    Lmao.. giving it to me good, you just have to laugh about it.

    Now, every party is playing stupid as to who broke my line again.

    Lesson here, get into the sewer business. It’s a fuc!ing gold mine.

  112. xolepa says:

    Blue,
    Fountayne

  113. Libturd, can't say I didn't warn you. says:

    Xanadon’t is going to be a frigging traffic and crime nightmare. You couldn’t even pay me to go to Jersey Garden’s or the State Fair in the Meadowland’s Parking lot.

    Mark my words though. It’s going to be a screaming ghetto success. You still can hardly find a parking spot at the Willowbrook on the weekends. This place is like the Willowbrook and multiple amusement parks wrapped into one. They might as well just shut down route 3 right now. Me thinks route 7 is going to become the new way to the city for me.

  114. Bystander says:

    GdblsTrumpsdck,

    How are the over $4b tax breaks and job promises for Foxconn working out for the Orange fool? Not on Faux News? Oh, let me guess they just met at White House so great news..wow, real progress. Trump to get his shovel out again next year. Of course, he just shovels manure out of his mouth.

    “Contractors have bulldozed about 75 homes in Mount Pleasant and cleared hundreds of farmland acres. Crews are widening Interstate 94 from Milwaukee to the Illinois state line to accommodate driverless trucks and thousands of employees. Village and county taxpayers have borrowed around $350 million so far to buy land and make infrastructure…”

  115. Libturd, can't say I didn't warn you. says:

    A Trumpy discussing morality. That’s rich. Were you aware of the private meetings that all of the Miss Universe (and Miss Teen USA) contestants were required to have with Trump to compete? And he calls Biden creepy. Get off it dude.

    No one is willing to work for this a-hole for more than a month.

    As for women’s choice. I can only imagine the number of abortions he put his partners through. And Trump was pro-choice right up until he hijacked the Republican Party.

    Once again. Get off it dude.

  116. xolepa says:

    Blue, that may be the wrong street .Can’t recall off hand. no paperwork here

  117. Libturd, can't say I didn't warn you. says:

    Trump has been good for one thing. The stock market. But so was Obama. And I’m not so sure his tactics will have worked in the long run. Only time will tell. Borrowing money so companies can buy back shares to juice earnings is a great short-term move. So is buying stock on margin. Until the crash.

  118. Othello says:

    Try looking at members of both parties without an affiliation to either one. Look at what they do politically as individuals. When you unilaterally support one team, you get sucked in to their game and that is exactly what they want, the back and fourth while what is going on in the background is ignored. Todays numbers were good, wages going up is good but we are $22T in the hole (caused by multiple administrations, not just one) and while touting a strong economy, ask yourself the following; historically, a strong economy could support interest rates that were much higher than today. Currently, Mr. Market can barely handle a 2.25% load on its shoulders, is that really strong? Mr. Market should NOT have its knees quivering at 3.25% yet alone 2.25%. Furthermore, with all that debt and lower interest rates, more of each debt $ goes to “productive” use. Economy is evolving, some of the ways we measured it in the past may not be such a good measurement tool for today but we as a nation and as citizens have an awful lot of debt. Saying “it doesn’t matter” doesn’t make it so. Even scarier is now Buffet no longer thinks the debt is an issue or at least, that what he says. As society ages, healthcare costs go up. As society ages, more people going on Medicare and SS with less people paying into it. Slice and dice it any way you will, the math does not bode well.

  119. Libturd, can't say I didn't warn you. says:

    By the way, does this piss everyone else off as much as it does me? Every time I drive north on the GSP, I have to endure a minimum ten-minute delay for all of the ghetto trash who pull over to exit at 145 at the last minute blocking the other two lanes. Same happens on Route 3 West approaching the draw bridge (Route 21 exit). Every single day, it almost doesn’t matter what time. A-holes pull over at the last second and merge into the exit lane blocking the entire highway. In both cases, the road clears completely immediately after that exit. Route 1 on the GSP south used to do this too, but the cops pulled so much ghetto trash over that they stopped it. It also helps that there are like 6 lanes through there.

  120. Libturd, can't say I didn't warn you. says:

    Very good Othello. Exactly. Can’t stand cheer leaders for either party. They are all crooks.

  121. Blue Ribbon Teacher says:

    By the way, does this piss everyone else off as much as it does me?

    I find if you drive your car on the left edge of your lane, they have no angle to get in on you. I avoid GSP traveling North there because of that spot.

  122. Blue Ribbon Teacher says:

    xolepa,

    heh, I would also suggest being on the property when that freight train comes through. I passed on a property based on that years ago. I lived near a freight train in Bergenfield. The thing shook our house like crazy.

  123. Bystander says:

    Othello,

    Cheers. Exactly. I never came here and cheered Obama, although I think he was overall a good man dealing with incredible, incredible pressure – economically, racially and politically. Trump inherits the stone rolling down-hill then puts loads grease on the ground to make it go faster. Red hat idiots think he invented the economy two years ago.

  124. GdBlsU45 says:

    Trumps shlts are more accomplished than Oblama was as president.

  125. JCer says:

    Lib, there are multiple Trumps. He is a very strange man, he is childish, self centered, probably a narcissist(some alarming number of politicians and business execs are), and his behavior is not befitting of the office. That being said in person people generally don’t mind working for him, he was my dads client from the early 80’s until the early 90’s and he was far from the worst client, as long as you got paid(Trump stiffs people when he doesn’t need them anymore, that part is true). In person he was actually quite personable….I know hard to believe.

    Trump in no way should discuss morality, he is a liar and a cheat(on his wives, at golf, on diets, and in business). That being said with Trump you know who you are dealing with where as with Obama he was more deceptive and skilled at such, he lied right to your face and you’d believe it he too was probably a narcissist and is really more similar to Trump than anyone wants to admit, he has a better veneer.

    Trumps on the job performance has not been bad, he has done better than I expected and from a political standpoint has not totally blown his chance to win in 2020. I thought for sure he was a 1 term president but now it looks like he has a legitimate chance to win in 2020.

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  127. The Original NJ ExPat says:

    I think happiness in NJ is trending down.

  128. Libturd, can't say I didn't warn you. says:

    Fair observation. I just can’t stand the constant lying. It’s a very ugly character trait. Quite frankly, it’s embarrassing to watch. From my 6-year old, I expect a tall-tale every once in a while. From the POTUS? It makes me cringe.

    Lying is typically a clear sign of lack of intelligence. Trump lies so often, you have to question his character. It’s really that simple.

  129. Libturd, can't say I didn't warn you. says:

    “I think happiness in NJ is trending down.”

    Yes!

  130. Fast Eddie says:

    Oblamma s.ucked hard… racial division was his crowning glory. He was nothing… talked and talked and paid off his cronies with a trillion in graft. Eight wasted years of nothing. A true liberal… talk a lot and give people hope. Here pal, here’s some hope for you. How f.ucking cheap.

  131. leftwing says:

    “And you are hearing non stop shrill demands for Barr to resign. I guess now that the investigation of the Obama/DNC malfeasance from [2016] is about to heat up they suddenly don’t want any investigations.”

    If Barr is investigating the Democrats and Pelosi is trying to get him removed as AG, is she guilty of obstruction of justice?

  132. The Original NJ ExPat says:

    ^^^LOL!^^^

  133. Mike S says:

    Good example of areas still not recovered..
    https://www.realtor.com/realestateandhomes-detail/16-Crestfield-Rd_Boonton-Twp_NJ_07005_M64160-04723

    Boonton Township is honestly a nice area – mountain lakes high school, close to lots of highways… not the best commute to NYC though.

    Sold below 2003 price, and selling again below 2003 price.

    Who is going to keep buying these houses?

  134. GdBlsU45 says:

    Which is why we need a special counsel. SCs are “outside of politics.” We need impartiality. Unless of course you consider the mueller team members who were attendees at Hillary’s inaugural party(lol) or who previously worked for the Clinton global slush fund.

  135. Libturd, can't say I didn't warn you. says:

    Trump and Crooked Hilary were close friends a decade earlier.

    Get off it already. Your arguments are shallower than Foster’s grave.

  136. Mike S says:

    What I don’t understand about exit 145 is that they removed the toll and there is no traffic as soon as you exit – why is it so backed up!?

    Libturd, can’t say I didn’t warn you. says:
    May 3, 2019 at 12:05 pm

  137. leftwing says:

    “American Dream opened. Anybody checking it out this weekend?”

    Literally my definition of hell. Could not imagine anything I would ever want to do less. Put my balls in a vice and yank my fingernails out if it keeps me away from anything resembling a place like that.

  138. Bystander says:

    You can’t even make it into a B movie without being somewhat of a narcissist. That is what acting is all about. Presidents are actors – shrewd and nasty with intent to accomplish something, good or bad. Obama filled the Democrats 20 year wish for health overhaul with giveaways. Trump simply passed a major tax cut that Repubs wanted for a decade. They are actors, told what do to. The Fed, international central banks, billionaires and major exec boards control it all. All presidents want two things – great personal enrichments and buidings in their name. It is all nariccism but we elected the mad king of it all.

  139. joyce says:

    I assumed that happens at all exits for major highway interchanges. I know it happens at the ones I use regularly (GSP/280, 80/287, among others). And I think too many people, of all backgrounds, do that annoying sh!t.

    Libturd, can’t say I didn’t warn you. says:
    May 3, 2019 at 12:05 pm
    By the way, does this piss everyone else off as much as it does me? Every time I drive north on the GSP, I have to endure a minimum ten-minute delay for all of the ghetto trash who pull over to exit at 145 at the last minute blocking the other two lanes. Same happens on Route 3 West approaching the draw bridge (Route 21 exit). Every single day, it almost doesn’t matter what time. A-holes pull over at the last second and merge into the exit lane blocking the entire highway. In both cases, the road clears completely immediately after that exit. Route 1 on the GSP south used to do this too, but the cops pulled so much ghetto trash over that they stopped it. It also helps that there are like 6 lanes through there.

  140. ExEssex says:

    12:32 pretty much sums it up. It’s a freak show, but then really hasn’t it for years?

  141. The Great Pumpkin says:

    You can’t look at govt debt like household debt. Go investigate and you will understand why Buffet and others are now thinking this way. I have explained this on this blog numerous times but have been laughed off….so not explaining it again, you won’t be open-minded with my reasoning anyhow.

    “Even scarier is now Buffet no longer thinks the debt is an issue or at least, that what he says”

  142. Juice Box says:

    Extremely offensive advertising for the American Dream Mall. There should be an immediate boycott.

    Where are the 50 genders represented in this Ads? Were are the hundreds of races and a vast number of tribes and and unmeasurable number of clans represented in these Ads?

    http://www.americandream.com/entertainment/

  143. Libturd, can't say I didn't warn you. says:

    I use the term ghetto loosely. It just seems that it is always on the exits leading to the inner city. Hence, when I flip the arrogant bastards the bird. They are usually driving a 15-year old Honda with the worst window tint job and have one of those really loud muffler thingies.

  144. Bystander says:

    Blumpkin,

    Oh Buffet said it therefore it must be cleared up. What do Jim Cramer and Krudlow believe? Here is another billionaire opnion, head of the largest and most successful hedge fund on earth. Disclaimer: I know zero about MMT theory but I am sure our resident dummy economist knows it all after reading a wiki page..or he will copy and paste someone else work as his own.

    “Hedge fund king Ray Dalio said the U.S. will end up adopting an economic philosophy that uses zero interest rates to finance big government spending for more widespread growth.

    Known as Modern Monetary Theory, the idea of running up large debts and deficits in order to pull the economy out of weak periods has some high-profile supporters, including Democratic presidential candidate Bernie Sanders and maverick New York Rep. Alexandria Ocasio-Cortez.”

  145. The Great Pumpkin says:

    I don’t support infinite debt. Don’t take my position that household debt is different from govt debt to assume that position.

    I am only pointing out that the problem is not the end of the world and shouldn’t be taken that way. It is something to worry about, but it should not be used to instill fear or world ending bs.

    In the end, who is the debt owed to? What kind of currency is this debt based upon? Find the answers and then apply logic, and come to your own conclusions.

  146. Blue Ribbon Teacher says:

    You can however, look at it like government debt and there have been thresholds that no government has been able to cross without currency collapse or default. The U.S. is going to set the world record for that, but the end result is the same, depreciated dollar. The timeline for this is impossible to determine.

  147. Libturd, can't say I didn't warn you. says:
  148. Libturd, can't say I didn't warn you. says:

    Costa Rican debt per capita is half of ours.

  149. Juice Box says:

    re: “The timeline for this is impossible to determine”

    Free lunch theory.

    All existing experience from history tells us it can be disastrous. Venezuela right now, Zimbabwe and Wiemar Germany are recent examples. Debt has always been too tempting for politicians especially when they know they will be out of office when the bill comes due.

  150. Bystander says:

    You print your own money, have warheads, have a vast navy and airforce and ensure all oil settled in dollars..yes, you can have infinite debt. You do realize it is all fantasy, right? I mean years ago the world was ending bc of our 6 trillion in debt. Don’t tell me you are that stupid.

  151. Blue Ribbon Teacher says:

    It always amazes me the stupid stuff people are willing to do in a car to try to get 1 spot ahead of you. It’s really awkward when they pass you illegally and then you pull into the same Quick Check a block down the road.

  152. Juice Box says:

    re: our 6 trillion in debt

    It was much more. Global debt at the time you reference was somewhere north of 100 Trillion. Today it is North of 250 Trillion.

    Bernanke himself expressed concerns over the government’s inability to decrease spending and debt.

    Who am I to argue with Bernanke? On a long enough timeline we will all be dead anyway. The land, the rivers and the seas will all still be there just not us and our suitcase full of IOUs.

    https://www.youtube.com/watch?v=vi1bBr6k2-4

  153. chicagofinance says:

    This blog is in high gear today…..

  154. chicagofinance says:

    The issue about the FBI spying on Trump has little to do with Clinton, and all to do with Obama and Loretta Lynch. What irks me more than anything else is the arrogance of Obama, positing that he was above such partisan lowbrow behavior. In reality, his hubris and real disdain for capitalist America was justification for the types of things he did at the IRS and (as I think we will discover) the FBI. I don’t care so much that it happened. I care that the narrative (still spoken to this day) is that he was so beyond behaving as the fascist that he is. To repeat, I don’t really care objectively, I care because he is no angel, and is actually a big troublemaker for the country.

  155. Blue Ribbon Teacher says:

    The path is unsustainable. The interest payments on the debt alone are going to big a huge part of GDP at some point. Either the principle grows to big or interest rates tick up and it’s a problem.

  156. Juice Box says:

    re: Spying.

    Go back to 2012. The overreach has always been there. The DOJ and FBI went after the Associated Press and thru a FISA warrant secretly pulled the phone records of a 100 staffers there in order to find a leak of a CIA operation in Yemen.

    Imagine if Trump was doing this to CNN today?

  157. Fast Eddie says:

    Essex,

    This is something we can agree on, no? Saw them four times :)

    https://www.youtube.com/watch?v=FUvxRjYqjEQ

  158. JCer says:

    Chi, as I posited previously Trump and Obama have more in common than anyone is willing to admit, neither is principled and would do what ever it takes to achieve their goals. Difference being with Trump he is not a good liar and will tell you what his end goal is, where Obama is an excellent pathological liar who never reveals his true goal.

  159. ExEssex says:

    2:41,yessssir. I’m a fan.

  160. Fast Eddie says:

    Essex,

    I just recently discovered Spock’s Beard for the first time. Was I living under a rock? They sound good and they’ve been around for a while.

  161. The Great Pumpkin says:

    And then you hit reset…and life moves on.

    Blue Ribbon Teacher says:
    May 3, 2019 at 2:31 pm
    The path is unsustainable. The interest payments on the debt alone are going to big a huge part of GDP at some point. Either the principle grows to big or interest rates tick up and it’s a problem

  162. Bystander says:

    Ed,

    Awesome. I needed that. You crack me up. Conservative, hate liberals yet you would live no where other than NYC and you love that hippies/commie music. If you are not married, I think Ann Coulter, the Deadhead, is your soulmate. I was on the Beacon run for years from 1997 – 2012. My highlights were catching Eric Clapton perform Liz Reed (EC was a little behind but caught up quick) and Why Does Love Got To Be so sad?.The funniest moment was back in 2004 maybe, I saw Bill Walton walking down the same aisle. I prayed to God that he was not in front of me. Thankfully about 3 rows up and to the left of me. Some poor soul caught that one..hah.

  163. Yo! says:

    Jersey Gardens is no longer a ghetto mall but most of suburban NJ still view it that way. Ghetto malls don’t have Lululemon and Tumi stores. Jersey Gardens has both.

    I have the financials. Jersey Garden rent revenue has been growing at 6% CAGR for decades. The best performing piece of NJ real estate not in Hudson County.

  164. Fast Eddie says:

    Bystander,

    I’m an anomaly. lol I love the Dead, by the way but never saw them. I think Ann would smoke a joint and hang out, though.

  165. Yo! says:

    Amazon relocating its Northeast grocery HQ from Bergen Count to Jersey City.

  166. PumpkinFace says:

    We couldn’t hit reset after the financial crisis ten years ago because that would have caused too much pain and collateral damage (your contention), but in the scenario of too much debt, who cares just reset?

    On the other hand after thinking about this some more, and applying logic, a reset could usher in a new age for the state economy.

    The Great Pumpkin says:
    May 3, 2019 at 3:38 pm
    And then you hit reset…and life moves on.

    Blue Ribbon Teacher says:
    May 3, 2019 at 2:31 pm
    The path is unsustainable. The interest payments on the debt alone are going to big a huge part of GDP at some point. Either the principle grows to big or interest rates tick up and it’s a problem

  167. ExEssex says:

    3:08 my boy here :

    https://youtu.be/ZU5oXa9sbh0

  168. Bystander says:

    Ed,

    Not an anomaly. I am not conservative but not ultra-liberal either. I am there for the music and not the biggest proponent of the “scene”. Chasing rainbows can never lead to a normal view of life. Beers, maybe a smoke or two, that is enough. I never took the messages of peace or love. I can’t imagine a less peaceful or loving band than Allmans, particularly Greg. I also love that hippies think there is anti-capitalism message. Nothing more capiltistic than hocking your 300th live CD for $50 a pop to the masses. Too funny..

  169. Bystander says:

    Ex,

    DT’s biggest competition. Next to two great players but blisters around 3m.

    https://www.youtube.com/watch?v=X7VsYCezPms

  170. The Great Pumpkin says:

    Absolutely, there will be hell, but life will go on. What do you think happened every time these large empires fell in history? When the Roman Empire fell, Europe stagnated for over a 1,000 years.

    PumpkinFace says:
    May 3, 2019 at 4:21 pm
    We couldn’t hit reset after the financial crisis ten years ago because that would have caused too much pain and collateral damage (your contention), but in the scenario of too much debt, who cares just reset?

    On the other hand after thinking about this some more, and applying logic, a reset could usher in a new age for the state economy.

  171. ExEssex says:

    Oh yasss. I’m seeing this guy in June:

    https://youtu.be/myi4rAh01tI

  172. The Great Pumpkin says:

    Look at China. When the empire fell in the 1800’s, look at how bad it damaged their society. It set in place the conditions for a Commie take over. They were killing rich landowners in the 1950’s and dividing up their land. Took a couple generations, but they came back.

  173. The Great Pumpkin says:

    Easiest place to invest in this world right now. Venezuela. As soon as the existing govt is taken out, you guy buy businesses. Buying at the bottom. Hard to lose. Can’t get any worse.

  174. ExEssex says:

    And of course! Don’t forget the oldies
    https://youtu.be/FvK6wOE5GTA

  175. The Great Pumpkin says:

    And I would say the bailout was worth it. Look at how many good years of life we got out of this. Push the game as far as you can, you don’t want to spend precious years of your life in the kind of economy that would have existed had we not bailed out the system. It is what it is. I’m not guaranteed tomorrow, so I’ll take what I can today…it’s human nature.

  176. chicagofinance says:

    How ’bout these boys…… bringing the high heat after 20 years…
    https://www.youtube.com/watch?v=NeQM1c-XCDc

  177. Blue Ribbon Teacher says:

    Easiest place to invest in this world right now. Venezuela. As soon as the existing govt is taken out, you guy buy businesses. Buying at the bottom. Hard to lose. Can’t get any worse.

    Empanada in a can?

  178. The Great Pumpkin says:

    Seriously, if you have connections and money to spend, I’m sure the new regime will be extra kind to business in the short term. Lots of money to be made in that rebuild.

  179. Juice Box says:

    Anecdotal – Spent some time today in Elizabeth, Linden and Roselle. Sure everything is blooming but there were many manicured laws. Wealth effect folks.

  180. Juice Box says:

    lawns – senior moment or perhaps too much juice..

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