Category Archives: North Jersey Real Estate

How North Jersey came to be

Posted on April 23, 2012 by grim
Posted in Economics, New Development, North Jersey Real Estate | 113 Comments

From the Record: Our growing ‘City of North Jersey’: How we got here and where we are going It’s not surprising that Englewood chose to name its high school for Dwight Morrow, a city resident who was a U.S. senator, … Continue reading →

One step closer to settlement, at a price

Posted on February 7, 2012 by grim
Posted in Foreclosures, Mortgages, National Real Estate, North Jersey Real Estate | 121 Comments

From HousingWire: More than 40 states to sign foreclosure settlement More than 40 states will sign a settlement with the top-five mortgage servicers over alleged foreclosure abuses that arose more than one year ago, Iowa Attorney General Tom Miller said … Continue reading →

Location, location, location, or something else?

Posted on January 16, 2012 by grim
Posted in Economics, North Jersey Real Estate, South Jersey Real Estate | 224 Comments

From the Record: Location still holds key to value The decline in housing values has not fallen equally on all towns. A Record analysis of home prices in the first half of 2011 (the latest available in public records) found … Continue reading →

Sellers: Any questions?

Posted on December 28, 2011 by grim
Posted in Economics, Housing Bubble, Housing Recovery, North Jersey Real Estate | 146 Comments

From the Record: Home prices down in most major US cities Home prices in the New York metropolitan area, including North Jersey, dropped 2 percent in the 12 months ended in October, the Standard & Poor’s Case-Shiller index reported Tuesday. … Continue reading →

The land where unicorns roam

Posted on December 10, 2011 by grim
Posted in Economics, Housing Recovery, North Jersey Real Estate | 106 Comments

From the NY Times: Demand for ‘Estate’-Like Condos REAL ESTATE optimists have been picking up blips on the radar in Bergen County lately, most recently this one: 24 of 68 “attached manor” condominiums with prices starting at $1.25 million sold … Continue reading →

Vacationeers take advantage of price slump in Vernon

Posted on July 9, 2011 by grim
Posted in Economics, Housing Bubble, North Jersey Real Estate | 88 Comments

From the NY Times: On Vacation at Home, All Year Long WITH ample opportunities to ski, golf, swim, hike and bike, life in this rural township in the New Jersey Highlands can feel like a year-round resort, residents say. “I … Continue reading →

Northern NJ May Home Sales

Posted on June 8, 2009 by grim
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 on April 30, 2009 by grim
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 on April 29, 2009 by grim
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 on April 27, 2009 by grim
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 on April 20, 2009 by grim
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 on October 25, 2006 by grim
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 on October 20, 2006 by grim
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 on October 18, 2006 by grim
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 on October 16, 2006 by grim
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 →