Category Archives: Gold Coast

New high for Hudson

From NJ.com: N.J. home got $350K over asking, making it the most expensive sale in its county this year Five days is all it took for this Hoboken brownstone to go under contract for $350,000 more than its asking price. … Continue reading

Posted in Gold Coast, Housing Bubble, New Jersey Real Estate, NYC | 1 Comment

Unexpected demand for Gold Coast rentals

From NorthJersey.com: Short-term rental demand rose in New Jersey after Airbnb restrictions in New York City It’s been just about six months since New York City placed major restrictions on short-term rental properties like Airbnb — and North Jersey is … Continue reading

Posted in Economics, Gold Coast, New Jersey Real Estate | 88 Comments

$4.9m record breaker in Weehawken

From Patch: Christie’s International Real Estate Group announces the sale of 12 Henley Place – an iconic and record-breaking sale that set a historic benchmark at Henley on the Hudson, with its remarkable sale price of $4.9 million. Jessica Williams, … Continue reading

Posted in General, Gold Coast, Housing Bubble, New Development, New Jersey Real Estate | 40 Comments

The new New York City

From Business Insider: NYC and its suburbs won’t build new housing, so New Yorkers are flooding into Jersey City and driving up prices New Yorkers have been taking notice of Jersey City real estate for years, and its popularity as an alternative … Continue reading

Posted in Crisis, Demographics, Economics, Gold Coast, New Development, New Jersey Real Estate, NYC | 56 Comments

Does anyone still work in NYC?

From the NY Post: New Jersey Gov. Phil Murphy attempts to woo New Yorkers in retaliation for congestion tax The grass is greener in the Garden State? New Jersey Gov. Phil Murphy sure wants you to think so! Murphy is … Continue reading

Posted in Demographics, Economics, Gold Coast, New Jersey Real Estate, NYC | 52 Comments

Jersey City loses their minds

From the Jersey Journal: Jersey City considers barring property owners from selling homes until they replace lead water lines As the Jersey City Municipality Utility Authority works on removing all lead pipes by 2031, the city council could bar property owners from … Continue reading

Posted in Gold Coast, New Jersey Real Estate | 62 Comments

Sorry JC, not good enough.

From JerseyDigs: Study Finds Jersey City Will Add as Many Apartments as Manhattan in 2019

Posted in Gold Coast, National Real Estate, New Development, New Jersey Real Estate | 124 Comments

The New Manhattan

From Crains: Mounting Manhattan inventory pulls down home prices Prospective Manhattan home buyers had plenty of options in November, and their wallets were thankful for it. The average price of condos, co-ops, townhouses and single-family homes on the market dropped … Continue reading

Posted in Gold Coast, NYC | 92 Comments

Strollers hit Jersey City

From the NY Times: Jersey City Grows Up When Zacheus and Ratri Chan showed up at an open house for a townhouse in the Bergen-Lafayette neighborhood of Jersey City last fall, there was a line down the street. The six-bedroom … Continue reading

Posted in Demographics, Economics, Gold Coast, New Development | 15 Comments

Big Spender

From the Star Ledger: $170M Bayfront plan given final OK by Jersey City council A $170 million plan that city officials say will give them more control over the redevelopment of a formerly contaminated swath of waterfront land cleared a … Continue reading

Posted in Gold Coast, New Development, New Jersey Real Estate, Politics | 33 Comments

Come to the dark side

From CNBC: Jersey City becomes alternative to New York, but without the ‘sticker shock’ in prices Real estate prices in New York City have cooled but remain astronomically high, so Jennifer Tobias, a senior designer at the Studio Sofield design … Continue reading

Posted in Gold Coast, Housing Recovery, NYC | 11 Comments

Fulop – From Darling to Demon

From the Jersey Journal: Jersey City residents protest tax reval: ‘You’re taking our homes away from us’ Dozens of Downtown residents protested outside City Hall today to call attention to exorbitant tax increases they could see as a result of … Continue reading

Posted in Economics, Gold Coast, Politics, Property Taxes | 25 Comments

The New Weehawken

From the Star Ledger: How the hottest real estate market in N.J. literally divided this tiny town Seemingly everyone knew this tiny cliffside town — all 1.4-square miles of it — would one day become a dynamic real estate market. … Continue reading

Posted in Gold Coast, Housing Recovery, New Development | 256 Comments

Bayonne joins the Gold Coast

From the NY Post: When Jason Tsay and Michael Suchocki left artsy Chelsea for sleepy Bayonne, they thought the New Jersey city was on the cusp of a real estate renaissance. Turns out they were a decade early. The couple … Continue reading

Posted in Demographics, Economics, Gold Coast, New Development | 124 Comments

Pay Up Jersey City – Just like the rest of us

From the Jersey Journal: Jersey City homeowners uneasy as long-delayed revaluation begins A five-letter word is causing heartburn in every neighborhood in Jersey City. Reval. The citywide property revaluation, Jersey City’s first since 1988, is finally underway, with inspectors knocking … Continue reading

Posted in Gold Coast, New Jersey Real Estate, Politics, Property Taxes | 19 Comments