Category Archives: New Jersey Real Estate

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

NJ a bit more unequal

Posted on March 17, 2019 by grim

From the Star Ledger: The gap between rich and poor in N.J. keeps getting bigger. See how bad it is in your town. New Jersey is becoming a more unequal place to live. Over the past five years, the gap … Continue reading →

Posted in Demographics, Economics, New Jersey Real Estate | 89 Comments

Our own little Disney

Posted on March 11, 2019 by grim

From the Star Ledger: Inside the N.J. town where retail spending beats Hollywood and tourism rivals Disney Name any brand, and it probably has at least one location in Paramus — some have two or three. At a time when … Continue reading →

Posted in Economics, New Development, New Jersey Real Estate | 50 Comments

Minimum wages up – Property taxes up

Posted on March 5, 2019 by grim

Oh, you’ll find a way. From NJTV: How will NJ’s new $15 minimum wage affect local governments? Middletown has a population of 66,000. The Monmouth County city has horse farms, the beach and Big Mike’s Little Red Store. Middletown Mayor … Continue reading →

Posted in Economics, Employment, New Jersey Real Estate, Politics, Property Taxes | 70 Comments

Single women second largest group of homebuyers

Posted on March 4, 2019 by grim

From the Press of Atlantic City: In New Jersey, more single women are buying homes. Here’s why Angela Cottrill likes having control over the place where she lives. The single hairstylist wanted the investment of owning a condo, so she … Continue reading →

Posted in Demographics, Economics, New Jersey Real Estate | 38 Comments

Did we elect the wrong guy?

Posted on February 24, 2019 by grim

From the Star Ledger: Steve Sweeney’s winning the war with Governor Murphy over taxes Last June we had a fight on taxes in the state budget. On one side was Gov. Phil Murphy. He wanted to raise the income tax … Continue reading →

Posted in Economics, New Jersey Real Estate, Politics | 21 Comments

Thank Trump for fixing NJ’s property tax issue

Posted on February 19, 2019 by grim

From CNBC: One surprising way to beat the SALT deduction cap: Move to a nearby town A few years ago Dawn Donaghy and her husband, Raymond, made a decision that many residents in high-tax states make. They wanted to move. … Continue reading →

Posted in New Jersey Real Estate, Politics, Property Taxes | 112 Comments