Category Archives: New Jersey Real Estate

No impact?

Posted on August 5, 2019 by grim

From NJ1015: NO MELTDOWN: NJ HOME VALUES RISE, DESPITE FEARS OF TAX LAW When federal tax law was changed a year and a half ago, alarms were rung by the real-estate industry warning it would be a gut punch to … Continue reading →

Posted in Economics, New Jersey Real Estate, Politics, Property Taxes | 248 Comments

Pounding salt

Posted on July 20, 2019 by grim

From LoHud: Housing market in Lower Hudson Valley slows as SALT impact weighs on high-end The housing market in the Lower Hudson Valley region has shown a slight slowdown in the second quarter, and experts blame the decline on the new tax … Continue reading →

Posted in Economics, New Jersey Real Estate, NYC, Property Taxes | 49 Comments

NJ bounces back

Posted on July 19, 2019 by grim

From the APP: NJ jobs: Unemployment rate drops to record low 3.5%, leaving employers in a pinch While help-wanted signs abound, employers say they are scrambling to fill jobs in an exercise that could get more difficult as the giant … Continue reading →

Posted in Demographics, Economics, Employment, New Jersey Real Estate | 31 Comments

Industrial is hot in NJ

Posted on July 14, 2019 by grim

From GlobeSt: NJ’s Industrial Market Continues to be a Record-Breaker The industrial real estate market in New Jersey continues to see strong demand, higher rents and low availabilities. Commercial brokerage firm CBRE in its latest market report on the industrial … Continue reading →

Posted in Demographics, Economics, Employment, New Development, New Jersey Real Estate | 19 Comments

Maybe we should have chosen another option?

Posted on July 10, 2019 by grim

From the Press of Atlantic City: NJ wage support complicated, less effective than stronger economy New Jersey lawmakers have hobbled the state economy with the worst business tax and regulatory climate in America. That costs residents a lot of prosperity … Continue reading →

Posted in Demographics, Economics, Employment, New Jersey Real Estate | 114 Comments

NJ’s glimmer of hope

Posted on July 6, 2019 by grim

From the Star Ledger: Wages up, unemployment down in N.J.’s largest counties as economic recovery continues Wages in Mercer County rose by 7.1 percent last year, the largest increase in New Jersey and one of the biggest in the country, … Continue reading →

Posted in Demographics, Economics, Employment, New Jersey Real Estate | 72 Comments

NJ loses 7600 jobs in May

Posted on June 21, 2019 by grim

From the APP: NJ jobs faltered in May: Spring slump or Trump tariffs? New Jersey employers tamped down their hiring in May and are growing more pessimistic about their outlook, a series of reports released this week shows. The New … Continue reading →

Posted in Demographics, Economics, Employment, New Jersey Real Estate | 110 Comments

Murphy bribes voters to get his millionaire tax

Posted on June 20, 2019 by grim

From the Star Ledger: Is a one-time $125 property tax credit really worth that much? Well, it would be a good start, Murphy insists. Admittedly, a one-time $125 property tax credit for two million residents of the state with the … Continue reading →

Posted in New Jersey Real Estate, Politics, Property Taxes | 90 Comments

Gates invests in Newark

Posted on June 18, 2019 by grim

From the Star Ledger: Bill Gates just chose 10 cities to invest in and one of them is in N.J. Newark’s newest initiative to provide free legal help for low-income tenants facing evictions is getting a major boost from three of the … Continue reading →

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

Burn it all down

Posted on June 18, 2019 by grim

From the Philly Inquirer: N.J. task force: Norcross-linked firms benefited from behind-the-scenes lobbying A special task force appointed by New Jersey’s governor to investigate the state’s multibillion-dollar tax-credit programs released an extensive report Monday evening, finding that two powerful brothers – lawyer … Continue reading →

Posted in New Development, New Jersey Real Estate, Politics | 92 Comments

IRS closes SALT loophole

Posted on June 16, 2019 by grim

From Accounting Today: It’s over: States lose fight against SALT deduction cap New York, New Jersey and Connecticut have been fighting a new cap on state and local tax deductions ever since it was included in the 2017 Republican tax … Continue reading →

Posted in Economics, New Jersey Real Estate, Politics, Property Taxes | 33 Comments

Train town prices go poof

Posted on June 14, 2019 by grim

From Bloomberg: NJ Transit Train Delays Hit a Record After the Governor’s Pledge to Fix Them New Jersey Transit commuter trains have hit their worst on-time and reliability records in the 18 months since Governor Phil Murphy promised to overhaul … Continue reading →

Posted in Economics, New Jersey Real Estate, NYC, Politics | 70 Comments

Everyone Hates Murphy

Posted on June 8, 2019 by grim

From the Observer: NJ Politics Digest: Legislature Reportedly Prepared to Override Murphy’s Veto The state legislature could deal Gov. Phil Murphy an embarrassing rebuke, overriding his veto of a bill to force dark money groups—like the one supporting his progressive … Continue reading →

Posted in New Jersey Real Estate, Politics, Property Taxes | 33 Comments

Millennials jump in?

Posted on May 30, 2019 by grim

From CNBC: Many millennials say buying a home may finally be within reach Samantha Suckno says knew she wanted to start to build a life with her soon-to-be husband in a home they owned. So she and her fiance, Jason … Continue reading →

Posted in Demographics, Economics, National Real Estate, New Jersey Real Estate | 143 Comments

What NJ Makes…

Posted on May 29, 2019 by grim

From the APP: NJ manufacturing jobs grow, but will parents let kids skip college? Aquatherm, a Lakewood manufacturer that makes solar heating systems for swimming pools, has no shortage of ideas that could help its business grow. Workers, on the … Continue reading →

Posted in Economics, Employment, New Jersey Real Estate | 44 Comments