Category Archives: New Jersey Real Estate

Out with retail, in with industrial

Posted on April 21, 2018 by grim

From Real Estate Weekly: Developers struggling to meet demand for New Jersey industrial space New Jersey can’t keep up with demand for industrial space, according to Duke Realty leasing vice president Ben Rosen. “There are no buildings available under 300,000 … Continue reading →

Posted in Demographics, Economics, New Development, New Jersey Real Estate | 28 Comments

They sound pretty smart to me

Posted on April 19, 2018 by grim

From the Times of Trenton: ‘Brazen criminals’ are taking advantage of the housing crisis Brazenness is the hallmark of con artists and nowhere is that more evident than with shameless real estate scammers who rip off unsuspecting renters and property … Continue reading →

Posted in Foreclosures, Housing Bubble, New Jersey Real Estate | 248 Comments

Don’t need NY to tell us we’re cool … but it sure don’t hurt

Posted on April 14, 2018 by grim

From the NY Times: Wait, New Jersey Was Once Not Cool? New Jersey chic used to have a name: Bruce Springsteen. And that was pretty much it, at least according to the Garden State’s haughty neighbors across the Hudson River, … Continue reading →

Posted in Demographics, Humor, New Jersey Real Estate, NYC | 119 Comments

No surprises here, big money stays in Manhattan

Posted on April 13, 2018 by grim

From Bloomberg: New York City’s Top Earners Still Choose Manhattan Over Brooklyn Brooklyn may claim the popularity contest, but Manhattan’s still home to the city’s highest earners. That’s the upshot from a Bloomberg analysis of household earnings by zip code, … Continue reading →

Posted in Demographics, Economics, New Jersey Real Estate, NYC | 131 Comments

NJ wages up 4%

Posted on April 12, 2018 by grim

From the Star Ledger: N.J. workers are earning more $$$ but it’s not all good news New Jersey workers now have a few more bucks in their pocket. The average hourly earnings of New Jersey employees in the private sector … Continue reading →

Posted in Demographics, Economics, Employment, New Jersey Real Estate | 81 Comments

Large scale development possible in Jersey?

Posted on April 11, 2018 by grim

From Centraljersey.com Sayreville will build ‘largest mixed-use project in New Jersey history’ Development is moving forward on a 418-acre, $2.5 billion mixed-used development in Sayreville. Riverton, a mixed-use project that will be located by the Raritan River and total 5 … Continue reading →

Posted in New Development, New Jersey Real Estate | 98 Comments

Another day, another new tax

Posted on April 10, 2018 by grim

From the Star Ledger: N.J. bill would allow for voter-approved arts tax A New Jersey lawmaker is pushing for a new tax designed to fund local arts initiatives. Assemblyman Raj Mukherji, D-Jersey City, introduced a bill in the New Jersey … Continue reading →

Posted in New Jersey Real Estate, Property Taxes | 90 Comments

And you should pay even more…

Posted on April 5, 2018 by grim

From NJ101.5: 4 COUNTIES IN NJ HAVE HIGHEST PROPERTY TAXES IN THE NATION Just in case you’ve forgotten, a new analysis from real-estate tracker ATTOM Data Solutions reminds us that New Jersey homeowners are paying the highest property taxes in … Continue reading →

Posted in New Jersey Real Estate, Property Taxes | 83 Comments

Get in line with the rest of us

Posted on April 4, 2018 by grim

From NJBIZ: Survey: Millennials want more jobs, cheaper housing Millennials in New Jersey want lower taxes, increased job opportunities, affordable housing and improved, cheaper mass transit in order to stay in the state. According to a survey of 975 state … Continue reading →

Posted in Demographics, Economics, New Jersey Real Estate | 103 Comments

Otteau March MarketNEWS

Posted on March 31, 2018 by grim

From the Otteau Group: March MarketNEWS The number of home sales in New Jersey over the first 2 months of 2018 totaled more than 16,000, setting an all-time record. Still, the 2% year-to-date increase over the same period last year … Continue reading →

Posted in Economics, Housing Recovery, New Jersey Real Estate | 31 Comments

It’ll sit empty for decades…

Posted on March 30, 2018 by grim

From the Record: Toys R Us collapse creates large corporate office vacancy in Wayne The collapse of Toys R Us has placed a big question mark on a large tract of forested woodland in the heart of Wayne. Toys R … Continue reading →

Posted in Economics, New Development, New Jersey Real Estate, Politics | 93 Comments

NJ Pension on Track! … to be fixed in 30 years.

Posted on March 29, 2018 by grim

From the Star Ledger: Have New Jersey’s pension woes finally bottomed out? ould it be true? Is New Jersey’s pension fund for public workers — among the worst-funded in the nation — really on the road to recovery? That’s what … Continue reading →

Posted in Demographics, Economics, Humor, New Jersey Real Estate, Politics | 121 Comments

Oh boy…

Posted on March 27, 2018 by grim

From the Star Ledger: Will Phil Murphy veto giving police and fire unions control of their pensions? The state Legislature passed legislation Monday handing control of the pension fund for New Jersey’s police and firefighters over to its members. But … Continue reading →

Posted in Economics, New Jersey Real Estate, Politics | 61 Comments

Did your town make the list?

Posted on March 26, 2018 by grim

From the Star Ledger: Property taxes actually went down in these N.J. towns. Was yours one of the lucky ones? New Jerseyans are accustomed to high property taxes, and they’re accustomed to those tax bills getting bigger year after year. … Continue reading →

Posted in New Jersey Real Estate, Property Taxes | 31 Comments

Clifton For The Win

Posted on March 24, 2018 by grim

From the NY Times: Clifton, N.J.: Where a Lot of Little Worlds Commingle Clifton, in southern Passaic County, is an unpretentious, predominantly middle-class city of 85,000, crisscrossed by highways, two of which — the Garden State Parkway and Route 46 … Continue reading →

Posted in New Jersey Real Estate | 45 Comments