Category Archives: New Jersey Real Estate

IRS closes SALT loophole

Posted on June 16, 2019 by grim

From Accounting Today: It’s over: States lose fight against SALT deduction cap New York, New Jersey and Connecticut have been fighting a new cap on state and local tax deductions ever since it was included in the 2017 Republican tax … Continue reading →

Posted in Economics, New Jersey Real Estate, Politics, Property Taxes | 33 Comments

Train town prices go poof

Posted on June 14, 2019 by grim

From Bloomberg: NJ Transit Train Delays Hit a Record After the Governor’s Pledge to Fix Them New Jersey Transit commuter trains have hit their worst on-time and reliability records in the 18 months since Governor Phil Murphy promised to overhaul … Continue reading →

Posted in Economics, New Jersey Real Estate, NYC, Politics | 69 Comments

Everyone Hates Murphy

Posted on June 8, 2019 by grim

From the Observer: NJ Politics Digest: Legislature Reportedly Prepared to Override Murphy’s Veto The state legislature could deal Gov. Phil Murphy an embarrassing rebuke, overriding his veto of a bill to force dark money groups—like the one supporting his progressive … Continue reading →

Posted in New Jersey Real Estate, Politics, Property Taxes | 33 Comments

Millennials jump in?

Posted on May 30, 2019 by grim

From CNBC: Many millennials say buying a home may finally be within reach Samantha Suckno says knew she wanted to start to build a life with her soon-to-be husband in a home they owned. So she and her fiance, Jason … Continue reading →

Posted in Demographics, Economics, National Real Estate, New Jersey Real Estate | 143 Comments

What NJ Makes…

Posted on May 29, 2019 by grim

From the APP: NJ manufacturing jobs grow, but will parents let kids skip college? Aquatherm, a Lakewood manufacturer that makes solar heating systems for swimming pools, has no shortage of ideas that could help its business grow. Workers, on the … Continue reading →

Posted in Economics, Employment, New Jersey Real Estate | 44 Comments

Rats leave sinking ship

Posted on May 25, 2019 by grim

From Bloomberg: Florida Is the Big Winner as the Wealthy Move Out of Northern States Roughly 5 million Americans move from one state to another annually and some states are clearly making out better than others. Florida and South Carolina … Continue reading →

Posted in Demographics, Economics, Employment, New Jersey Real Estate | 15 Comments

Gives me hope

Posted on May 18, 2019 by grim

Click the link, look at the photos. Audible did an incredible job. This is far cooler than anything anyone is doing in SF and the Valley. From the Star Ledger: Audible just opened an office inside an old N.J. church, … Continue reading →

Posted in New Development, New Jersey Real Estate | 51 Comments

So absurd it needs to be reposted

Posted on May 16, 2019 by grim

From SportsTalk: Paterson, NJ Developers Think An Arena Can Help Save A Struggling Shopping Mall Sports as an economic generator in Paterson, NJ?  It doesn’t appear that any sports league is looking to put a team in Paterson, New Jersey. … Continue reading →

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

Policy has repercussions

Posted on May 14, 2019 by grim

From ROI-NJ: GSI forum offers some ‘uncomfortable truths’ of doing business in N.J. State Sen. Declan O’Scanlon was measured in his tone but precise in his words. Speaking at Garden State Initiative’s second annual Economic Policy Forum on Thursday in New … Continue reading →

Posted in Economics, Employment, New Development, New Jersey Real Estate, Politics | 52 Comments

Overhauled? Shut it down.

Posted on May 13, 2019 by grim

From the Star Ledger: The EDA gave tax breaks to a predatory lender, group says. That’s why the state agency needs to be overhauled. Last week, corporate whistleblower Kerrie-Ann Murray testified that her former employer falsified payroll paperwork to facilitate a … Continue reading →

Posted in Economics, Employment, New Jersey Real Estate, Politics | 48 Comments

Where prices are going up in NJ. It’s not where you think.

Posted on May 10, 2019 by grim

From the Star Ledger: The town in each county where home values are increasing most  Get these homes while they’re hot — and in some cases — still cheap. We’ve looked at the hottest markets in New Jersey — the places that … Continue reading →

Posted in Economics, Housing Recovery, New Jersey Real Estate | 120 Comments

Welcome Home

Posted on May 7, 2019 by grim

From the Star Ledger: These 2 N.J. suburbs are among most affordable ‘you’d like to live in’ outside of major cities One of the desirable traits of living in New Jersey is much of the state’s proximity to a major … Continue reading →

Posted in Demographics, Economics, New Jersey Real Estate | 66 Comments

If you want to sell, you better list now

Posted on May 2, 2019 by grim

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 … Continue reading →

Posted in Economics, New Jersey Real Estate | 185 Comments

Faster foreclosures come to NJ

Posted on April 30, 2019 by grim

From the Star Ledger: Murphy hopes these new laws will put an end to N.J.’s dubious distinction as the nation’s leader in home foreclosures Gov. Phil Murphy signed a package of measures into law Monday that aim to prevent New Jersey from … Continue reading →

Posted in Economics, Foreclosures, New Jersey Real Estate, Politics | 149 Comments

Still overpriced?

Posted on April 27, 2019 by grim

From the NY Post: Embattled New Jersey mansion is now a whopping 75 percent off This northern New Jersey mansion dates to the roaring ’20s, but it’s certainly not roaring now. The grand property — once one of the state’s … Continue reading →

Posted in New Jersey Real Estate, Price Reduced, Risky Lending | 92 Comments