Category Archives: New Jersey Real Estate

Clifton is … hot?

From the Record: Clifton is one of the hottest towns in New Jersey for homebuying. Here’s why While not much farther from New York than Bergen, many Passaic communities feature more spacious neighborhoods and are known for beloved nature spots, … Continue reading

Posted in Demographics, Economics, Employment, New Jersey Real Estate | 54 Comments

December Market Update

A new thread for ChiFi, from the Bergen Record: How did North Jersey’s real estate market finish off 2024? Our December market update Real estate activity in New Jersey slowed down as 2024 came to an end, with the state … Continue reading

Posted in Demographics, Economics, New Jersey Real Estate | 125 Comments

How to afford NJ

From NorthJersey.com: Historic New Jersey mansion seized from fraudster is now listed for $33M New Jersey’s historic Crocker Mansion in Mahwah was officially put back on the market this month after it was seized from a billionaire fraudster in 2023. … Continue reading

Posted in Humor, New Jersey Real Estate | 132 Comments

Luxe Jersey

From HousingWire: Pacaso’s top markets for luxury vacation homes are in New Jersey and Florida Despite rising home prices and mortgage rates, second-home investors overtook a select group of vacation real estate markets. This week, online marketplace Pacaso highlighted counties in New Jersey, Florida and Massachusetts as leading markets for … Continue reading

Posted in Housing Bubble, New Jersey Real Estate, Shore Real Estate, South Jersey Real Estate | 86 Comments

NJ takes top spot in price growth

From CoreLogic: US Home Price Insights –  December 2024 Home prices nationwide, including distressed sales, increased year over year by 3.4% in October 2024 compared with October 2023. On a month-over-month basis, home prices increased by 0.02% in October 2024 … Continue reading

Posted in Housing Bubble, National Real Estate, New Jersey Real Estate | 65 Comments

Ambassador Kushner

From NJ1015: Trump wants pardoned NJ real estate developer for US ambassador President-elect Donald Trump said Saturday he intends to nominate real estate developer Charles Kushner, father of Trump’s son-in-law Jared Kushner, to serve as ambassador to France. Trump made the … Continue reading

Posted in New Development, New Jersey Real Estate, Politics | 99 Comments

Live like Paul Volker

From the Record: North Jersey home of President Obama’s economic recovery board chair listed for $3.5M Nestled along Park Street, just a few hundred feet from Montclair’s Applegate Farm stands the Tinkham-Volcker house. Listed for sale in early November for … Continue reading

Posted in Economics, New Jersey Real Estate, North Jersey Real Estate | 99 Comments

Inventory Up, Prices Up

From NorthJersey.com: North Jersey real estate saw more new home listings, but higher prices, in October New Jersey’s real estate market saw more new home listings and properties staying on the market longer in October, but also increasing home prices. … Continue reading

Posted in Housing Bubble, New Jersey Real Estate | 90 Comments

Beetlejuice in NJ

From NorthJersey.com: How to book an Airbnb tour of this ghostly ‘Beetlejuice’ house in New Jersey He’s the ghost with the most, babe, and now the site of his ghostly hauntings is open for the public to tour — if … Continue reading

Posted in Humor, New Development, New Jersey Real Estate | 41 Comments

NJ ponzi scheme lawyer steals $1m

From NJ.com: Disbarred N.J. lawyer admits stealing more than $1M from clients A former New Jersey real estate attorney admitted on Tuesday to stealing $1.18 million from clients, the Monmouth County Prosecutor’s Office announced. Steven Salami, 49, of Hazlet, pleaded … Continue reading

Posted in New Jersey Real Estate | 99 Comments

Flemington?

From NJ1015: The new ‘up-and-coming’ town in NJ is one you’d never think of When the pandemic hit, it sent a wave of New Yorkers into New Jersey. People flocked to commuter towns, and it felt like everyone was on … Continue reading

Posted in Demographics, Economics, New Development, New Jersey Real Estate | 70 Comments

NJ Makes!

From the APP: NJ manufacturing doing better than you think, making these things you’d never imagine Each month, Unex Manufacturing Inc. executives get a phone call or email from an economic development group in another state — Florida, Texas, South … Continue reading

Posted in Economics, Employment, New Jersey Real Estate | 150 Comments

Inventory ticking up, but NJ market absorbs it

From NorthJersey.com: How North Jersey’s real estate market performed in September as interest rates decline How much has North Jersey’s housing inventory changed? Eighteen of New Jersey’s 21 counties had an increase in new listings compared with September 2023, and … Continue reading

Posted in Housing Bubble, New Jersey Real Estate, North Jersey Real Estate | 115 Comments

So much for NJ’s economy

From Reuters: US East Coast port strike looms Tuesday with no talks scheduled U.S. East and Gulf Coast port workers are set to go on strike at midnight on Monday with no talks currently scheduled to head off a stoppage … Continue reading

Posted in Crisis, Economics, New Jersey Real Estate, Politics, Unrest | 195 Comments

NJ loses jobs in August

From ROINJ: New Jersey payrolls decline in August; unemployment rate at 4.8%  New Jersey recorded a decrease of 4,400 jobs between July and August, bringing the seasonally adjusted total to 4,369,400 jobs, according to Thursday estimates released by the U.S. Bureau … Continue reading

Posted in Demographics, Economics, Employment, New Jersey Real Estate | 18 Comments