This? Again? 4th time is a charm.

From the NY Post:

Get your summer on in this new Jersey Shore condo

On the hunt for a nifty summer pad? Perhaps head south — to the Jersey Shore, that is.

Asbury Park — an edgy-cool seaside town about 60 miles from midtown Manhattan — is in the midst of an urban renewal led by artists and real estate development.

And in the latest chapter of the enclave’s renaissance, the 34-unit Monroe condominium — a luxe four-story structure located minutes from the boardwalk, as well as the city’s downtown — launches sales on Friday, March 11, The Post has exclusively learned.

The property, which will be completed in September, will house one- through three-bedroom apartments, whose interior measurements span 700 to 1,600 square feet. Prices will range from $445,000 to $1.2 million, and each pad will come with private outdoor space, open floorplans and laundry machines.

“I think it’s clearly a value play when you consider the area against almost everything in the marketplace,” says Douglas Elliman’s Neal Sroka, whose team is handling Monroe’s sales and marketing, of Asbury Park’s pricey surroundings (think: Deal, N.J., a ritzy neighboring town).

Monroe will make its launch at an event in Miami, and there’s a special nod to buyers in the market for their second or third homes. Why not invest in an up-and-coming area?

“Real estate in New York City has gotten very expensive, real estate in Long Island is incredibly expensive, and I think people see the Jersey Shore as an alternative because … their money can go further,” says architect Chad Oppenheim, who not only handled the building’s design but also grew up 25 minutes from Asbury Park.

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62 Responses to This? Again? 4th time is a charm.

  1. grim says:

    Jobless claims 5 month low – 259k – 4 week average down to 267,500.

  2. chicagofinance says:

    FRIST ………………….eh

  3. Libturd questioning the gender of Hillary's Cankle fluid. says:

    Your Frist in my book. Though, it hasn’t sold too many copies.

  4. 1987 Condo says:

    I saw yesterday that NJ Transit Loco Engineers max at $174,000 while the Conductors max out at $185,000. You’d think driving the train would pay more than ticket collection?

  5. Grim says:

    I hope that’s pesos.

  6. nwnj3 says:

    By the looks of these negotiations it looks like NJ’s public transit system will continue to be antiquated and inefficient. for our lifetimes at least. Between the PA and the NJT unions there is a stranglehold on anything resembling progress. The first logical step would be to replace the ticket takers, etc. with KIOSKS and throw those significant savings back into improvements.

  7. nwnj3 says:

    It’s an absolute joke in the year 2016 you are paying a guy to punch a bunch of holes in a piece of paper.

  8. NJCoast says:

    Re: Monroe Condos in Asbury
    Convenient location, you can score crack right downstairs. Monroe Ave is famous for scoring drugs.

  9. Ben says:

    Knew a guy working for NJT who was running a business on the side. He was like some sort of janitor and his job was to clean the train the entire time. He would get off at the first stop, get in a car, and go run his business. He would catch some train on the way back to make it look like he worked on the train the entire time.

  10. 1987 Condo says:

    I sold FSA services to the MTA back in the early 90’s..even back then the salaries were well into the 6 figures..best story was that between the morning rush and afternoon rushes, the engineers would either go home or spend the interim time at the bar…..classic!

  11. D-FENS says:

    Brother of slain civil rights leader Medgar Evers endorses Donald Trump

    http://www.washingtontimes.com/news/2016/mar/7/charles-evers-brother-of-slain-civil-rights-leader/

  12. There’s probably a union job for recycling the holes.
    It’s an absolute joke in the year 2016 you are paying a guy to punch a bunch of holes in a piece of paper.

  13. Statler Waldorf says:

    The conductors on the trains do more than collect tickets, they’re also eyes, ears, and authority to keep order, and prevent the trains from turning into a urine-smelling NY City subway.

    “The first logical step would be to replace the ticket takers, etc. with KIOSKS and throw those significant savings back into improvements.”

  14. HouseWhineWine says:

    Last time I was on a NJ transit train it was clean and a pleasant enough ride. I believe, ,with overtime, an assistant conductor can clear over $80,000 salary per year. I have no idea what the difference is between the assistant and the next step up conductor. That’s a nice, solid middle class job. I don’t believe it requires a college degree, although I could be wrong about that.

  15. Libturd questioning the gender of Hillary's Cankle fluid. says:

    “The conductors on the trains do more than collect tickets, they’re also eyes, ears, and authority to keep order, and prevent the trains from turning into a urine-smelling NY City subway.”

    That’s worth $180,000.

  16. Libturd questioning the gender of Hillary's Cankle fluid. says:

    Why I love Montclair…

    Montclair Township Animal Shelter to Host “Raise the Woof” Zumbathon

  17. HouseWhineWine says:

    If this article I read was correct, the NJT employees only will agree to pay 2.5% of their salary to medical coverage. No details, the article was so poorly written. Makes me wonder, what the heck do they contribute now? Sounds like a great benefit and salary package to me already!

  18. The Great Pumpkin says:

    I’m not sure this is correct based on their avg salaries, but you may very well be correct.

    1987 Condo says:
    March 10, 2016 at 9:40 am
    I saw yesterday that NJ Transit Loco Engineers max at $174,000 while the Conductors max out at $185,000. You’d think driving the train would pay more than ticket collection?

  19. Libturd questioning the gender of Hillary's Cankle fluid. says:

    I told you guys a while back that I went to my casin0 host’s birthday party and I was at a table of all state pensioners. None were much older than me either. There was this one guy who had been on permanent disability from NJT and appeared perfectly healthy. They obviously, all had a a lot of money to burn to even be invited to the event. I guarantee not a single one of them gave less than $40K to Bally’s last year based on their shared gambling stories.

  20. D-FENS says:

    Lock em’ out

  21. Libturd questioning the gender of Hillary's Cankle fluid. says:

    Go all air traffic control on their asses.

  22. Libturd questioning the gender of Hillary's Cankle fluid. says:

    Do it as a memorial to the astrologist.

  23. Libturd questioning the gender of Hillary's Cankle fluid. says:

    I got work to do. My job is done here.

  24. Comrade Nom Deplume, the anon-tidote says:

    [14] statler

    “The conductors on the trains do more than collect tickets, they’re also eyes, ears, and authority to keep order, and prevent the trains from turning into a urine-smelling NY City subway.”

    Hmmm, judging by the few NJT trains I’ve been on in the last year, they’ve been on strike all that time.

    Half the time, they don’t even take the tickets. I’ve got a fistful of tickets I can reuse.

  25. Essex says:

    conductor job requirements:

    1. facial hair
    2. grotesque protruding stomach
    3. DMV customer service course competed
    4. High Skool diploma

  26. Essex says:

    22. Trump would….totally

  27. chicagofinance says:

    Is that a martial arts movie?

    Comrade Nom Deplume, the anon-tidote says:
    I’ve got a fistful of tickets

  28. Comrade Nom Deplume, Newspeak Editor says:

    [28] chifi

    “is that a martial arts movie?”

    The way I handle them, it is

  29. Statler Waldorf says:

    Somewhere between $0 (ticket kiosks) and $180,000.

    “That’s worth $180,000.”

  30. Essex says:

    32. my town – not moved at all really.

  31. The Great Pumpkin says:

    Nj real estate is as stable as they come. No rapid price appreciation and no rapid price depreciation. A lot less risk when purchasing good real estate in nj. It’s pretty damn stable. Other locations have swings that make it a major gamble. I’d be nervous to buy in some of the areas with the greatest appreciation in the past couple years (esp sf). Dangerous buying with that kind of appreciation in such a short amount of time. That Charlotte example in the article is pretty scary, bought in 2014 for 183,000 and now similar properties going for 300,000. That’s pretty extreme appreciation and def a gamble. Another 60,000 and they doubled the cost of living in that area in a very short amount of time.

    Essex says:
    March 10, 2016 at 5:38 pm
    32. my town – not moved at all really.

  32. Juice Box says:

    Yowza – Ben Carson will endorse Donald Trump on Friday, multiple sources told CNN.

  33. The Great Pumpkin says:

    Ross Perot was dead on with the “giant sucking sound”. There goes some more jobs in the name of higher profit. Really sad that these corporations don’t care about their role in society and communities. Really sad.

    Controversial cookie: Oreo targeted for outsourcing

    http://usat.ly/1pjb78y

  34. Juice Box says:

    re # 35- You were in diapers so you get a pass.

    https://research.stlouisfed.org/fred2/graph/?g=3L3F

  35. Juice Box says:

    re # 37 – There is a cost to being green. We exported our manufacturing jobs and our pollution.

  36. Comrade Nom Deplume, Newspeak Editor says:

    [39] juice

    That wasn’t entirely unintentional.

  37. Comrade Nom Deplume, Newspeak Editor says:

    I believe I said years ago on this board that the leftist/populist economic proposals get nowhere without protectionism. That meant Obamacare and tax policy. Unless dammed up, water seeks its own level.

  38. D-FENS says:

    UPDATE: 3 arrested for pulling gun on Trump supporter

    http://www.wrcbtv.com/story/31419153/update-3-arrested-for-pulling-gun-on-donald-trump-supporter

    3 “dreamers”

  39. Essex says:

    35. ur outta ur f’in mind

  40. Bystander says:

    Essex 26,

    Hilarious as I sit on metro north watching that exact figure walk by. The sad part is that he will have better retirement than me.

  41. Essex says:

    45. he won’t live to collect it. guts like that kill you fast

  42. The Great Pumpkin says:

    Give me a break. Look at the nj home price index graph that juice posted and go to max. From 1975 to 2015, if you take away the bubble in early 2000’s, the prices have been pretty damn stable. There has not been extreme rises and falls.

    Look at this chart for northern nj. Pretty got damn stable. Not some crazy roller coaster ride. Dips are healthy after an enormous bubble, as long as they are not extreme drops. https://research.stlouisfed.org/fred2/series/ATNHPIUS35614Q

    Now go look at sf. Insane roller coaster ride. Nothing stable about it. Insane drops. https://research.stlouisfed.org/fred2/series/SFXRSA

    Now look at Texas. I would not go near this real estate market. They haven’t even had a correction. Wait till that downward curve comes, it’s not going to be pretty.
    https://research.stlouisfed.org/fred2/series/TXSTHPI

    Essex says:
    March 10, 2016 at 9:36 pm
    35. ur outta ur f’in mind

  43. Bystander says:

    At some point the fat f$ck will get gastric bypass paid by yours truly and every other schnook taking train. He will be free again to become a bloated walrus hanging around a fetid tank somewhere in Palm beach.

  44. The Great Pumpkin says:

    Grim, comment 47 in moderation. A little help?

  45. The Great Pumpkin says:

    47- Cont from my comment in mod.

    Take a look at Florida. Roller coaster ride. Dips are like going off a cliff.

    https://research.stlouisfed.org/fred2/series/FLSTHPI

  46. relo says:

    Stu & Gator,

    Just saw the post from Monday. We will be sending our thoughts and prayers to your family. So glad to hear the surgery went well. FWIW, while Sloan is indeed amazing, try to get an objective second opinion about the road ahead. Get my contact from Grim if you’d like to speak further.

  47. Fabius Maximus says:

    #97 (previous thread) Joyce

    “elite criminal class” Thats funny.

    Here is where it all comes back to the Framers. Did they get this Presidenial election thing right, ie, the processes today is working, or did they get it wrong and the system is broken. Now here is where your arguments always fall down. You rant and rail against your pet subject of the day, but you never give any real solution to how it could be fixed. Even your stock answer, of “follow the constitution” has some serious issues.
    Take Citizens United, the Supremes gave us that decision and that opened the money spigots. The Framers gave us the Supremes so that decision stands.

    So if you think its broken, how you going to fix it. I’ll give a clue, you will hate the solutions.

  48. Joyce says:

    You tried to link the political party nominating process to the framers, but I never expect you to stay on topic nor remember from one day to the next. But I do await your response of either “prove it” or something once again wildly off topic.

  49. Fabius Maximus says:

    #52 Joyce

    Yes it is linked. Either the system is broken and the Framers should have gone further in defining a candidate, or the Framers got it right and the system is working as expected.

    It always comes back to the Framers because the primaries are a legal process. If it can reach the Supremes then in its simplest form, it goes back to the Framers.

  50. Splat Mofo says:

    Coast (8)-

    Asbury Park. Two things:

    1. Stone Pony
    2. Smack

    That is all.

  51. Splat Mofo says:

    Bystander (47)-

    Once again, life imitates Wall-E.

    “At some point the fat f$ck will get gastric bypass paid by yours truly and every other schnook taking train. He will be free again to become a bloated walrus hanging around a fetid tank somewhere in Palm beach.”

    There’s a conductor in our town who’s notoriously fat. Couple years ago, guy goes hunting, gut shoots himself side-to-side, through-and-through with a 30-30. Hospital cleaned up the entry/exit wounds, sent him home. The round had simply passed thru blubber.

  52. Splat Mofo says:

    I don’t question for a second how a 375 lb bag of blood and gristle could shoot himself that way.

  53. Splat Mofo says:

    Joyce (52)-

    Bingo. But gluteus has already moved the goalposts.

    “You tried to link the political party nominating process to the framers, but I never expect you to stay on topic nor remember from one day to the next. But I do await your response of either “prove it” or something once again wildly off topic.”

  54. Splat Mofo says:

    Joyce (54)-

    This is the kind of crap that goes thru the brains of people OD’ing on bath salts:

    March 10, 2016 at 11:22 pm
    #52 Joyce

    “Yes it is linked. Either the system is broken and the Framers should have gone further in defining a candidate, or the Framers got it right and the system is working as expected.

    It always comes back to the Framers because the primaries are a legal process. If it can reach the Supremes then in its simplest form, it goes back to the Framers.”

  55. Juice Box says:

    Back in the day the Railhead bar in Hoboken is where you would find those conductors and bus drivers between trips. They would sneak in gather there for a quick drink or two before heading out on their next run. There was one a WC Fields type whose nose looked like bag of haggis. That guy is not sunning himself in Florida, he is pushing up daisies.

    The bad ole days where the construction workers, public service employees and general union workers would gather in the local bars during the day for some liquid lunch is almost over even my cousin a hardened carpenter who spent the better part of the last decade working on One World Trade Center who’s bulging liver could have it’s own zip code stopped drinking at lunch time due to the crackdowns.

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