Category Archives: New Jersey Real Estate

We’re #1! In flipped properties.

Posted on September 11, 2018 by grim

From NJ101.5: Home flipping down, but not in New Jersey Home “flipping” — buying and selling a dwelling quickly after renovations for a profit — is slowing in most parts of the country. But flipping activity in New Jersey is … Continue reading →

Posted in Demographics, Economics, Foreclosures, New Jersey Real Estate | 64 Comments

NJ economic growth at 18 year high

Posted on September 7, 2018 by grim

From Bloomberg: New Jersey’s Economy Gains, Still Lags New York: NY Fed Data The Garden State is growing. New Jersey’s economy accelerated at the fastest pace in almost 18 years though it lags neighboring New York state as it has … Continue reading →

Posted in Demographics, Economics, New Jersey Real Estate | 90 Comments

Fighting against the “look” of urbanism

Posted on September 6, 2018 by grim

It’s ok, it’s less ‘urban’ if we make it look like a completely fake “farm”. From the Record: Montvale Planning Board members call plans for Mercedes-Benz site ‘too urban’ The housing and shopping center design for the former Mercedes-Benz headquarters … Continue reading →

Posted in New Development, New Jersey Real Estate, Politics | 49 Comments

More like “Land of the Lost”

Posted on September 5, 2018 by grim

From ROI-NJ: Murphy tells ROI: ‘We’re the land that time forgot here in terms of the development of this economy’ Following in the footsteps of the president under whom he served, Gov. Phil Murphy is trying to bring an innovation … Continue reading →

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

Sky is the limit for NJ … taxes

Posted on September 4, 2018 by grim

From the Record: Analysis: NJ economic growth won’t sustain Murphy’s agenda, adding pressure to raise taxes Fresh off striking a budget deal that included $1.6 billion in new taxes, Gov. Phil Murphy said he was banking on strong economic growth … Continue reading →

Posted in Economics, New Jersey Real Estate, Politics | 37 Comments

August Otteau Report

Posted on August 29, 2018 by grim

From Otteau Group: MarketNEWS August 2018 Edition The number of home purchase contracts in New Jersey increased by 4% during July compared to the same month last year. There has however been a noticeable change in the mood of the … Continue reading →

Posted in Economics, New Jersey Real Estate | 49 Comments

Who does this?

Posted on August 28, 2018 by grim

From the Star Ledger: ‘My Lowe’s contractor doesn’t care, and Lowe’s doesn’t either,’ homeowner claims When CherylAnne and Mike Amendola decided to expand and renovate the kitchen in their Lincoln Park home, they knew it would be a big job. … Continue reading →

Posted in New Development, New Jersey Real Estate | 82 Comments

Someone is still investing in NJ

Posted on August 27, 2018 by grim

From ROI-NJ: Angel investors put nearly $39M into N.J. economy in first half of 2018 The New Jersey Economic Development Authority has approved 60 Angel Investor Tax Credit program applications this year, helping to put nearly $39 million into 20 … Continue reading →

Posted in Economics, New Jersey Real Estate | 31 Comments

Good month for jobs in NJ

Posted on August 22, 2018 by grim

From the APP: NJ job market surges in July; here are 3 places hiring It’s a good time to go job hunting in the Garden State. The New Jersey economy added thousands of jobs in July, and the state’s unemployment … Continue reading →

Posted in Economics, Employment, New Jersey Real Estate | 115 Comments

City of the Future?

Posted on August 16, 2018 by grim

First time Outdoor magazine made it to the front page, great great piece: Affordable Housing Is the Key to a Thriving City Almost as long as there have been cities, there have been efforts to revamp their downtowns. But philosophies … Continue reading →

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

Hottest markets?

Posted on August 14, 2018 by grim

God, I feel that the Ledger should just give up on the stupid “top 10 list” format, I feel like I’m getting sucked into a social media marketing promotion by taking the clickbait. I’ll be the sucker and save you … Continue reading →

Posted in Economics, Housing Bubble, Housing Recovery, New Jersey Real Estate | 40 Comments

Are PILOTs good or bad?

Posted on August 13, 2018 by grim

From ROI-NJ: Is fixing PILOT regulations a way to fix school funding? Marc Pfeiffer, assistant director at Rutgers University’s Bloustein Local Government Research Center, said the last time payments in lieu of taxes were addressed in the state was 1992. … Continue reading →

Posted in New Development, New Jersey Real Estate, Politics, Property Taxes | 37 Comments

Nothing will be done

Posted on August 10, 2018 by grim

From the Star Ledger: Huge change for N.J.: Public worker benefit cuts, merging schools, more toll roads pushed by top lawmaker Frustrated by endless growth in property taxes and public worker benefit costs, New Jersey’s most powerful lawmaker earlier this … Continue reading →

Posted in Economics, New Jersey Real Estate, Politics, Property Taxes | 91 Comments

Not sure I believe the analysis here

Posted on August 9, 2018 by grim

From the Star Ledger: The death of N.J.’s suburbs might be a total myth. Even the experts are surprised Want to be on the cutting edge of the hot new trend in housing? It may be time to take a … Continue reading →

Posted in Demographics, Housing Recovery, New Jersey Real Estate | 97 Comments

Is Newark sure it wants Amazon?

Posted on August 7, 2018 by grim

From Vice (first time ever?): Cities Are for Rich People Now and Wooing Amazon Only Makes It Worse If there are two facts of life in the modern American city, they are that rent will be too damn high, and … Continue reading →

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