Category Archives: New Jersey Real Estate

Camden on the mend?

From WHYY: Camden on the rise? New data show poverty is falling Ken Hammon’s driveway says it all. About halfway down Tuckahoe Road in South Camden, sits the black Mustang the 31-year-old bought thanks to a life-changing job at Holtec … Continue reading

Posted in Demographics, Economics, Employment, New Jersey Real Estate | 187 Comments

MarketNews October

From Otteau Group: MarketNews October After four consecutive months of increases, home purchase contracts in New Jersey were basically unchanged during the month of September, increasing by just 0.4%. This is compared to a 12% increase one year ago in … Continue reading

Posted in Economics, New Jersey Real Estate | 94 Comments

Home Builders turn against tax plan

From the Washington Post: Home builders raise a hammer, try to smash the GOP tax bill The Republican effort to overhaul the tax code suffered a bruising setback over the weekend when a powerful corporate interest group came out against … Continue reading

Posted in New Development, New Jersey Real Estate, Politics, Property Taxes | 138 Comments

Can small business thrive in NJ?

From the Star Ledger: Which are the hottest counties in N.J. for new business? Hank Sauce is made in small batches by hand, when the restaurant in Sea Isle City run by Josh Jaspan and his two former college roommates … Continue reading

Posted in Economics, New Development, New Jersey Real Estate | 54 Comments

NJ’s MacArthur throws down the gauntlet

From CNN: Republican group threatens to block budget over tax deduction fight Threatening the GOP’s top priority of passing major tax reform, Republican Rep. Tom MacArthur warned Tuesday night that so many House Republicans are frustrated with plans to nix … Continue reading

Posted in New Jersey Real Estate, Politics, Property Taxes | 70 Comments

If you can do it in Bergen?

From the Record: Bergen towns can build affordable housing Bergen County is recognized as one of the wealthiest counties in the country. Municipalities in the county helped secure this status by implementing exclusionary zoning practices that drove hard working families … Continue reading

Posted in Demographics, Economics, New Development, New Jersey Real Estate | 39 Comments

NJ Republicans vote to increase your taxes

From the Star Ledger: Senate Republicans just declared they want to kill your property tax deduction, New Jersey Senate Republicans just voted in favor of killing your property tax deduction, New Jersey. The GOP senators, whose states received $223 billion … Continue reading

Posted in Housing Recovery, New Jersey Real Estate, Property Taxes | 116 Comments

Bet the letters stop now…

From the Star Ledger: Judge throws out infamous Westfield ‘Watcher’ lawsuit A Superior Court judge on Wednesday dismissed the remaining counts of a civil lawsuit involving the infamous “Watcher” house, ending years of litigation about the Westfield home that gained … Continue reading

Posted in New Jersey Real Estate, Unrest | 69 Comments

Will big $$ make NJ more appealing?

From Bloomberg: Christie Backs Newark’s Amazon Bid With $7 Billion in Tax Breaks New Jersey Governor Chris Christie is seeking to deploy $7 billion in potential tax credits to lure Amazon.com Inc.’s planned second headquarters to Newark, which has been … Continue reading

Posted in Economics, New Development, New Jersey Real Estate, Politics | 186 Comments

Is it even possible to make NJ affordable?

From NJ Spotlight: RETHINKING NJ’S HOUSING MARKET TO MEETS NEEDS OF SUBURBANITES, CITY DWELLERS New Jersey’s next governor faces daunting housing problems that are widespread and complex, ranging from a lack of affordable homes in walkable communities to a glut … Continue reading

Posted in Demographics, Economics, New Development, New Jersey Real Estate | 84 Comments

Where will Trump’s tax policy hurt most in NJ

From NJ Spotlight: INTERACTIVE MAP: TRACKING SALT DEDUCTIONS ACROSS THE STATE The loss of the federal income tax deduction for state and local taxes paid would mean a loss of about $21,500 in write-offs for the average New Jersey taxpayer. … Continue reading

Posted in Economics, New Jersey Real Estate, Politics, Property Taxes | 119 Comments

Maybe we have a shot?

From the Star Ledger: Metro area including North Jersey is top contender for Amazon HQ2, firm says The metro area including North Jersey earned the top ranking among contenders seeking to become home to Amazon’s second headquarters and the potential … Continue reading

Posted in Economics, New Development, New Jersey Real Estate | 149 Comments

F*ck You New York Times

From the NYT: Jared Kushner’s Entitlement Is New Jersey Born and Bred Lots of explanations have been put forward as to why Mr. Kushner seems to operate as though the rules don’t apply to him. Perhaps there’s one more factor … Continue reading

Posted in New Jersey Real Estate, Politics, Unrest | 235 Comments

A manufacturing mecca again?

From the Star Ledger: How manufacturing jobs will come back to N.J. Is New Jersey’s manufacturing era forever behind us? Are the days when ceramics, glove molds, sinks and legendary Lenox china poured out of Trenton’s factories gone for good? … Continue reading

Posted in Economics, Employment, New Jersey Real Estate, Politics | 110 Comments

Otteau September Update

From Otteau Group: September MarketNEWS After declining by 7% in April, home purchase contracts in New Jersey have increased for four consecutive months. In August, the number of purchase contracts rose by 3% compared to the same month last year. … Continue reading

Posted in Economics, New Jersey Real Estate | 53 Comments