Category Archives: New Jersey Real Estate

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 | 68 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

Hottest Zip Codes in NJ

From Fox 5: These NY, NJ towns have the hottest ZIP codes for home sales  Realtor.com has released its 2024 list of hottest zip codes for home sales, and towns in NY and NJ made the list!…Seven of the 10 hottest zip … Continue reading

Posted in Demographics, Economics, Housing Bubble, National Real Estate, New Jersey Real Estate | 53 Comments

Build baby build

From NJ.com: One of N.J.’s wealthiest towns to get first luxury apartment complex amid controversy Hundreds of rental units are coming to Colts Neck — one of New Jersey’s wealthiest communities — where developers have already broken ground on the … Continue reading

Posted in Demographics, Economics, New Development, New Jersey Real Estate, Shore Real Estate | 84 Comments

That’s all you got?

From Jersey Digs: Just Sold Alpine Mansion Sets New Jersey’s 2024 Price Record A leafy suburb that regularly ranks as one of the most expensive zip codes in the country is unsurprisingly home to the year’s priciest home sale in … Continue reading

Posted in New Jersey Real Estate, Where's the Beef? | 147 Comments

New rules, nothing really changes

From NJ1015: NJ changes home-buying rules: what this means for you Some big changes to the process of buying or selling a home in New Jersey are now in effect. The aim of the new rules, created through legislation that … Continue reading

Posted in New Jersey Real Estate, Politics | 82 Comments

NJ #2 in price increases

From CoreLogic: Home-price growth starting to cool: CoreLogic Home prices continue to rise even as low inventory and high mortgage rates are keeping first-time and repeat homebuyers out of the market, but the pace of appreciation is starting to cool. That’s according to CoreLogic’s … Continue reading

Posted in Demographics, Economics, Housing Bubble, New Jersey Real Estate | 109 Comments

Jersey New Listings Fall

From NJ.com: N.J. real estate listings down slightly. See full list. The number of newly listed homes in New Jersey dropped by less than 1% in June compared to the same time last year, according to Realtor.com. In June, 9,256 listings … Continue reading

Posted in Housing Bubble, National Real Estate, New Jersey Real Estate | 55 Comments