Category Archives: New Jersey Real Estate

The $150k Club

Posted on January 3, 2019 by grim

From the Census ACS Community Survey released a few weeks ago. Town – Median Household Income: Millburn, Essex County $202,862 Essex Fells, Essex County $200,875 Glen Ridge, Essex County $196,821 North Caldwell, Essex County $187,470 Mendham Township, Morris County $185,882 … Continue reading →

Posted in Economics, New Jersey Real Estate | 69 Comments

Another day another tax

Posted on December 13, 2018 by grim

From NJ101.5: WHY FEWER CHEAP FLIGHTS MIGHT BE FOUND AT NEWARK AIRPORT Your chances of finding a cheap flight out of Newark Liberty International Airport could soon go down dramatically. You may want to expand your search to John F. … Continue reading →

Posted in Demographics, Economics, Employment, New Jersey Real Estate, Politics | 103 Comments

Optimistic … but

Posted on December 11, 2018 by grim

From NJ101.5: HOW NJ BUSINESSES FEEL ABOUT ECONOMY, MINIMUM WAGE IN 2019 New Jersey businesses don’t really like much about the state in which they operate, but most expect an uptick in sales and profits in 2019, according to a … Continue reading →

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

What’s more important, whether people have jobs, or what they get paid?

Posted on December 10, 2018 by grim

From NJ Patch: Approximately 1,000 NJ Jobs Will Be Gone By The New Year Some of the announcements came before the stock market plummeted on Tuesday, and talk of a possible recession arose. But the sting of about 1,000 layoffs … Continue reading →

Posted in Demographics, Economics, Employment, New Jersey Real Estate | 60 Comments

Yes, NJ is a manufacturing powerhouse

Posted on November 26, 2018 by grim

From ROINJ: Manufacturing is (hidden) gem of N.J. economy Manufacturing is not dying, it’s evolving. So said John Kennedy, the CEO of the New Jersey Manufacturing Extension Program, at a recent Financial Executives International meeting. “Manufacturing in New Jersey is … Continue reading →

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

How to get rich quick? Have a legislator carve you out a loophole.

Posted on November 19, 2018 by grim

From the Press of Atlantic City: NJ’s leveling of room tax playing field also dug a loophole We’ve long felt it was unfair and detrimental to the hospitality industry for New Jersey to pile room taxes and fees on hotels … Continue reading →

Posted in New Jersey Real Estate, Shore Real Estate | 44 Comments

Will NJ hit $15?

Posted on November 12, 2018 by grim

From the Star Ledger: Vote on $15 minimum wage for N.J. coming soon, top Democrat says Assembly Speaker Craig Coughlin said Friday he expects his house will vote in the coming months on a much-anticipated bill raising the minimum wage … Continue reading →

Posted in Demographics, Economics, New Jersey Real Estate | 42 Comments

Murphy, you want an innovation economy? Fix these.

Posted on November 9, 2018 by grim

From the APP: 3 reasons NJ lost out on Amazon HQ: Bhatti Here are the top three reasons New Jersey lost: 1. Too expensive for Amazon: Seven billion dollars of tax incentives wasn’t enough. New Jersey made national news when … Continue reading →

Posted in Demographics, Economics, Employment, New Development, New Jersey Real Estate | 129 Comments

Glutton for punishment

Posted on November 7, 2018 by grim

From the Star Ledger: Election 2018: N.J. voters OK $500 million for school security, water improvements New Jersey voters on Tuesday approved a proposal to borrow $500 million to expand vocational schools and bolster security across K-12 school districts, according … Continue reading →

Posted in Demographics, Economics, New Jersey Real Estate, Politics | 158 Comments

NJ Transit will do a great job

Posted on November 6, 2018 by grim

From NJ Spotlight: NEW NJ TRANSIT DIVISION TO TAKE ADVANTAGE OF HEFTY REAL ESTATE PORTFOLIO New Jersey Transit is among the mass-transit agencies that rely the most on fare revenues, according to a recent audit, which suggested a hefty real-estate … Continue reading →

Posted in New Development, New Jersey Real Estate, Politics, Where's the Beef? | 76 Comments

Sorry NJ

Posted on November 4, 2018 by grim

From the Star Ledger: Amazon in ‘advanced’ talks with a city for HQ2. It’s not Newark. Newark’s chances at landing Amazon’s second headquarters is looking more like a long shot. Amazon officials are reportedly in “advanced discussions” about establishing its … Continue reading →

Posted in Demographics, Economics, New Development, New Jersey Real Estate | 71 Comments

SALT cap hits the Northeast … hard

Posted on October 26, 2018 by grim

From Bloomberg: Housing Is Tanking in the Northeast. Guess Why. Sales of new single-family houses were down 13.2 percent in September from a year earlier, the Census Bureau reported Wednesday. That’s a lot — the biggest year-over-year percentage decline since … Continue reading →

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

A Manufacturing Comeback?

Posted on October 24, 2018 by grim

From NJBiz: CBRE: 2018 strong year for NJ manufacturing real estate Boosted by the sale of a Jersey City manufacturing property, the real estate services and investment firm CBRE is forecasting 2018 to be one of the strongest years for … Continue reading →

Posted in Economics, Employment, New Jersey Real Estate | 80 Comments

Big Spender

Posted on October 12, 2018 by grim

From the Star Ledger: $170M Bayfront plan given final OK by Jersey City council A $170 million plan that city officials say will give them more control over the redevelopment of a formerly contaminated swath of waterfront land cleared a … Continue reading →

Posted in Gold Coast, New Development, New Jersey Real Estate, Politics | 33 Comments

Can NJ buy it’s way into a startup economy?

Posted on October 8, 2018 by grim

From the Star Ledger: Murphy’s risky plan to spark Jersey’s sagging economy Is New Jersey’s government smart enough to invest $250 million in venture capital projects, and come out a winner? Should a government that is not competent to run … Continue reading →

Posted in Demographics, Economics, Employment, New Jersey Real Estate | 141 Comments