Category Archives: New Jersey Real Estate

Overhauled? Shut it down.

Posted on May 13, 2019 by grim

From the Star Ledger: The EDA gave tax breaks to a predatory lender, group says. That’s why the state agency needs to be overhauled. Last week, corporate whistleblower Kerrie-Ann Murray testified that her former employer falsified payroll paperwork to facilitate a … Continue reading →

Posted in Economics, Employment, New Jersey Real Estate, Politics | 48 Comments

Where prices are going up in NJ. It’s not where you think.

Posted on May 10, 2019 by grim

From the Star Ledger: The town in each county where home values are increasing most  Get these homes while they’re hot — and in some cases — still cheap. We’ve looked at the hottest markets in New Jersey — the places that … Continue reading →

Posted in Economics, Housing Recovery, New Jersey Real Estate | 121 Comments

Welcome Home

Posted on May 7, 2019 by grim

From the Star Ledger: These 2 N.J. suburbs are among most affordable ‘you’d like to live in’ outside of major cities One of the desirable traits of living in New Jersey is much of the state’s proximity to a major … Continue reading →

Posted in Demographics, Economics, New Jersey Real Estate | 66 Comments

If you want to sell, you better list now

Posted on May 2, 2019 by grim

From the Star Ledger: Want your home to sell for top dollar? Here’s the best time to list in N.J. There isn’t an exact science to know when to list your home in order to sell it in a timely … Continue reading →

Posted in Economics, New Jersey Real Estate | 186 Comments

Faster foreclosures come to NJ

Posted on April 30, 2019 by grim

From the Star Ledger: Murphy hopes these new laws will put an end to N.J.’s dubious distinction as the nation’s leader in home foreclosures Gov. Phil Murphy signed a package of measures into law Monday that aim to prevent New Jersey from … Continue reading →

Posted in Economics, Foreclosures, New Jersey Real Estate, Politics | 152 Comments

Still overpriced?

Posted on April 27, 2019 by grim

From the NY Post: Embattled New Jersey mansion is now a whopping 75 percent off This northern New Jersey mansion dates to the roaring ’20s, but it’s certainly not roaring now. The grand property — once one of the state’s … Continue reading →

Posted in New Jersey Real Estate, Price Reduced, Risky Lending | 95 Comments

US employment strong, NJ employment sucks, what gives?

Posted on April 20, 2019 by grim

From NJBIZ: Jobs report: Unemployment slightly increases on weak job growth New Jersey’s employment rose modestly in March, increasing by 3,600 jobs to mark the fifth monthly increase in the last six months, according to preliminary estimates produced by the … Continue reading →

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

89% of NJ households paid less taxes

Posted on April 16, 2019 by grim

From the Star Ledger: Tax Day 2019 more taxing for 400K N.J. households, thanks to Trump law If you saw your taxes go up under the Republican tax law that limited your property tax break, you weren’t alone. In fact, 411,809 New … Continue reading →

Posted in New Jersey Real Estate, Politics, Property Taxes | 58 Comments

Movement of jah people!

Posted on April 12, 2019 by grim

From NJ Spotlight: IS THE FEDERAL SALT CAP PUTTING NJ RESIDENTS ON THE ROAD TO OTHER STATES? Cindy Myers, the president of a moving company based in Mahwah, said she’s seen a big uptick in out-of-state moves in the past … Continue reading →

Posted in Demographics, Economics, New Jersey Real Estate, Unrest | 76 Comments

Neighborhood makes a difference? Get real.

Posted on April 11, 2019 by grim

From the APP: Middle class in NJ: Where you grow up determines if you will be rich or poor The chartered bus from Long Branch and Asbury Park made good time to New York City, dropping eighth graders at Samsung to see the latest … Continue reading →

Posted in Demographics, Economics, New Development, New Jersey Real Estate | 51 Comments

I dip, you dip, we dip

Posted on April 8, 2019 by grim

From the APP: NJ double dippers: At least 64 public employees make more than Murphy It’s common for people to have a side hustle to make some extra cash. Then there are those who have many extra jobs. Working for the … Continue reading →

Posted in New Jersey Real Estate, Politics, Unrest | 162 Comments

Where do the rich live?

Posted on March 24, 2019 by grim

From Bloomberg: These Are the Wealthiest Towns in the U.S.

Posted in Demographics, Economics, New Jersey Real Estate, NYC | 105 Comments

In favor of which buyers?

Posted on March 22, 2019 by grim

From MarketWatch: Housing market is tipping in favor of buyers, real-estate agents say It’s been a long winter in the housing market. Economic unease, uncertainty about taxes, fluctuating mortgage rates, and rain and snow have kept buyers and sellers on … Continue reading →

Posted in National Real Estate, New Jersey Real Estate, Property Taxes | 96 Comments

Expect the worst

Posted on March 21, 2019 by grim

From Bloomberg: Trump Tax Reform Hits Home in Wealthy New York Suburbs Nick Boniakowski’s clients bought a home in Northern New Jersey in 2016. Now they want to move again. They found a house they liked. It wasn’t the charm … Continue reading →

Posted in Economics, New Jersey Real Estate, Property Taxes, Unrest | 65 Comments

A new tax for property owners

Posted on March 19, 2019 by grim

From the Star Ledger: The controversial ’rain tax’ bill designed for N.J. flood defense has been signed into law  Local authorities in New Jersey now have a new tool to manage stormwaters and flooding. Gov. Phil Murphy on Monday signed into law … Continue reading →

Posted in New Jersey Real Estate, Politics, Property Taxes, Unrest | 78 Comments