Category Archives: New Jersey Real Estate

It’s better here

From MPA: Inventory surge cools US home prices, but Northeast markets stay strong: Cotality Home prices across the United States continued to lose steam in September as inventory reached its highest level since 2019, according to new data from Cotality. … Continue reading

Posted in Demographics, Economics, National Real Estate, New Jersey Real Estate | 77 Comments

Flip flop

From NJ.com: Democrats flip 6 N.J. counties back to blue, cementing Sherrill’s sweep for governor Six counties that voted for Republican Donald Trump in the 2024 presidial election have flipped blue, early election results show, helping to cement Democrat Mikie Sherrill’s victory for governor of New … Continue reading

Posted in New Jersey Real Estate, Politics | 133 Comments

Prices may have cooled, but not here.

From Barrons: Home Prices Likely Cooled in August. That’s Good News for Some Buyers. Home price growth likely continued to cool in August. That’s good news for some buyers—while others aren’t feeling the same relief. Home prices nationally likely increased … Continue reading

Posted in Demographics, Housing Bubble, National Real Estate, New Jersey Real Estate | 83 Comments

Thanks Mamdani

From Newsweek: New Jersey Housing Market Could Be Disrupted by Zohran Mamdani The New Jersey and surrounding housing markets could be impacted by the potential election of New York City mayoral candidate Zohran Mamdani. Mamdani’s policies largely aim to break from establishment norms as … Continue reading

Posted in Demographics, Economics, Gold Coast, Housing Bubble, New Jersey Real Estate, NYC | 93 Comments

If you have to ask…

From ROI-NJ: Six New Jersey zip codes among the 100 priciest in the nation, according to PropertyShark data Six New Jersey zip codes cracked the 100 most expensive zips in the nation, according to the 10th annual ranking of the … Continue reading

Posted in Demographics, Housing Bubble, New Jersey Real Estate | 70 Comments

No Tunnel?

From nj.com: Trump ‘terminates’ $16 billion Hudson River tunnel project linking N.J. and N.Y.C. President Donald Trump said he “terminated” the $16 billion Gateway rail tunnel under the Hudson River in a surprise statement made during press conference Wednesday as tense negotiations over the … Continue reading

Posted in Economics, Employment, New Development, New Jersey Real Estate, NYC, Politics | 88 Comments

Where Tommy got made

From the NY Post: NYC-area Mafia mansions struggle to sell — for 1 reason you may not suspect Mob wife is having a fashion moment. In real estate, it seems like many potential buyers don’t see the aesthetic as their … Continue reading

Posted in National Real Estate, New Jersey Real Estate, NYC, Where's the Beef? | 115 Comments

NJ construction set to increase, but only if we can find the workers

From NJBIZ: NJ construction outlook strong as spending rebounds  According to data presented by Otteau, as interest rates rose the volume of commercial investment real estate property sales in New Jersey fell by more than half – from $13 billion … Continue reading

Posted in Demographics, Economics, Employment, New Development, New Jersey Real Estate | 57 Comments

Pay more and you too can be close to celebrity

From the Realtors: New Jersey Is Poised To Become a New Celebrity Hot Spot Thanks to Netflix’s Presence Hollywood, New York City, Miami, Aspen. When you think of hot spots where you might have an unexpected celebrity sighting, those cities usually top … Continue reading

Posted in Humor, New Development, New Jersey Real Estate, Shore Real Estate | 88 Comments

July Market Highlights

From mycentraljersey.com: How the Central Jersey real estate market performed last month New Jersey’s hot real estate market did not cool in July, as the average single-family home sold for $776,166, a 6.6% increase over July 2024. The county with … Continue reading

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

NJ Transit Fire Sale?

From the Ridgewood blog: NJ Transit Eyes Multi-Million Dollar Real Estate Sales to Boost Revenue and Spur Development Ridgewood NJ, NJ Transit is preparing to transform parking lots and underused land into revenue-generating developments — with the potential to reshape … Continue reading

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

Shut up and pay up

From Fox Business: New Jersey tops nation’s highest property tax list at $9,413 while southern states offer relief

Posted in National Real Estate, New Jersey Real Estate, Politics, Property Taxes | 89 Comments

Or will it just tumble down?

From ROINJ: N.J. to have nation’s 5th-largest homeownership affordability gap by 2030 You don’t have to tell prospective homeowners how difficult it is to buy a house in New Jersey in 2025. The bad news is it’s going to get … Continue reading

Posted in Economics, Housing Bubble, National Real Estate, New Jersey Real Estate | 89 Comments

Cool or crazy?

From NorthJersey.com: Is North Jersey’s rental market finally cooling down? How hot the market is so far in 2025 There’s no doubt about it: Finding an apartment, especially an affordable one, in North Jersey is a difficult feat. But believe … Continue reading

Posted in Demographics, Economics, Housing Bubble, New Development, New Jersey Real Estate | 108 Comments

Can’t afford to live there either…

From News12: Report: Home prices hit record high in Suffolk; Nassau market slows slightly The average price for a house in Nassau last month was $810,000 and the average price of a single-family home is up to $690,000 in Suffolk. … Continue reading

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