Category Archives: North Jersey Real Estate

Northern NJ May Home Sales

Posted in Economics, New Jersey Real Estate, North Jersey Real Estate | 327 Comments

Preliminary May sales and inventory data for Northern New Jersey (GSMLS) is in. Please note that this data is subject to revision. The first graph plots the unadjusted sales data (closed sales) for the counties listed. Please note the lower … Continue reading

Brigadoon Mega-Comp-Killer

Posted in Comp Killer, Housing Bubble, North Jersey Real Estate | 299 Comments

Many don’t know that Brigadoon is what Westfield-insiders refer to their town as when among locals. Really! Only outsiders call it Westfield and you’d stick out like a sore thumb if you called it that to someone familiar with the … Continue reading

Prices UP in Mendham? Huh?

Posted in Economics, Housing Bubble, North Jersey Real Estate | 284 Comments

Matt Woolsey from Forbes is reporting on the performance of the Mendham real estate market (an affluent Northern NJ suburb for those not familiar) as part of the Forbes Luxury Housing Index. The index is based on zip code data … Continue reading

Ridgewood? Can’t be.

Posted in Economics, Housing Bubble, North Jersey Real Estate | 141 Comments

From Bloomberg: Boomer Bows Out in Shakeout That Led to Vermont Beard In early 2008, David Roberts’s morning routine at the Ridgewood, New Jersey, train station was as unchanged as the view from its platform, which overlooks a downtown anchored … Continue reading

Saving Paris Orange

Posted in Economics, New Development, North Jersey Real Estate | 365 Comments

From the NY Times: Dissecting the ‘Heart of Orange’ A GLOBAL economic crisis provides the perfect opportunity to rethink the design of an old city — be it Paris or Orange — said a French urbanist who has been engaged … Continue reading

North Jersey Weekly Inventory Update

Posted in North Jersey Real Estate | 2 Comments

GSMLS – http://www.gsmls.com (Garden State Multiple Listing Service) Single Family Homes, Condo, Coop (Bergen, Essex, Hudson, Morris, Passaic, Somerset, Sussex, Union, Warren Counties) 10/18 – 19,035 10/25 – 18,940 (0.5% Decrease) NJMLS – http://www.njmls.com (New Jersey Multiple Listing Service) Single … Continue reading

The “Garden” State

Posted in Economics, North Jersey Real Estate | Comments Off

From the Gloucester Times: Local journalist tracks future of N.J. farming By Jessica Beym As housing developments sprout on farms and silos turn into smokestacks, Jerseyans are left to wonder: Can New Jersey still proudly bear the title of the … Continue reading

North Jersey Weekly Inventory Update

Posted in North Jersey Real Estate | 18 Comments

GSMLS – http://www.gsmls.com (Garden State Multiple Listing Service) Single Family Homes, Condo, Coop (Bergen, Essex, Hudson, Morris, Passaic, Somerset, Sussex, Union, Warren Counties) 10/11 – 19,084 10/18 – 19,035 (0.3% Decrease) NJMLS – http://www.njmls.com (New Jersey Multiple Listing Service) Single … Continue reading

Somerset Landfill redevelopment

Posted in North Jersey Real Estate | 3 Comments

From the Courier News: Hundreds of housing units set for landfill The Landfill Redevelopment Committee will present its vision for the former borough landfill to borough officials at 10 a.m. Saturday in the Somerset County Court House jurors room. The … Continue reading

Making space for art

Posted in North Jersey Real Estate | 26 Comments

From the New York Times: Orange Gets Creative FIVE years in the making, the plan to create an arts district in a section of Orange where empty factory buildings now predominate has been refined and readied to go, with construction … Continue reading

Fix it or lose it

Posted in North Jersey Real Estate, Politics | 17 Comments

From the Montclair Times: Township officials: Planners could start the eminent domain process A nearly 110-year-old house at the corner of Orange Road and Irving Street could be on its way to becoming municipal property after township officials’ attempts to … Continue reading

Northern New Jersey Weekly Inventory Update

Posted in North Jersey Real Estate | 23 Comments

GSMLS – http://www.gsmls.com (Garden State Multiple Listing Service) Single Family Homes, Condo, Coop (Bergen, Essex, Hudson, Morris, Passaic, Somerset, Sussex, Union, Warren Counties) 9/27 – 19,108 10/11 – 19,084 (0.1% Decrease) NJMLS – http://www.njmls.com (New Jersey Multiple Listing Service) Single … Continue reading

Northern New Jersey September Residential Sales

Posted in North Jersey Real Estate | 116 Comments

Preliminary September sales data for Northern New Jersey is in.. The first graph plots the unadjusted sales data (closed sales) for the counties listed. Please note the lower bound of the graph, it is set to 1000, not to zero. … Continue reading

New development at the Crossroads

Posted in New Development, North Jersey Real Estate | 3 Comments

From the Record: New complex in Mahwah would blend shops, homes A $200 million “lifestyle center” that could include a movie theater, 200 residences and a bevy of retail is being planned at the Sheraton Crossroads site in Mahwah. The … Continue reading

Race for the sky

Posted in North Jersey Real Estate | 18 Comments

From the Jersey Journal: Sky’s the limit in Jersey City By JARRETT RENSHAW Jersey City is quickly becoming Vertical City. Already home to the state’s four tallest buildings, by decade’s end it could have the 10 tallest, further transforming nearly … Continue reading