Category Archives: New Jersey Real Estate

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

Expensive to buy, expensive to rent

Posted on August 6, 2018 by grim

From the Star Ledger: Who the heck can afford N.J.? Search up-to-date prices in every N.J. town for renting, buying If you or anyone you know has been in the New Jersey real estate market, you feel the pain. On … Continue reading →

Posted in Demographics, Economics, Employment, New Jersey Real Estate | 119 Comments

Other peoples money

Posted on August 5, 2018 by grim

From the APP: Tax relief better be on the horizon if Phil Murphy wants to get re-elected For more than a decade, the Asbury Park Press has been a tireless advocate for property tax relief. We have written dozens of … Continue reading →

Posted in New Jersey Real Estate, Politics, Property Taxes, Unrest | 26 Comments

Where rents have gone up the most

Posted on July 30, 2018 by grim

From the Star Ledger: Rent prices are skyrocketing in these 15 N.J. real estate markets It’s not a renter’s market in New Jersey. The state has the fifth-highest median rent in the nation, along with high housing costs that force … Continue reading →

Posted in Demographics, Economics, New Jersey Real Estate | 65 Comments

Will affordable housing make NJ unaffordable for the rest of us?

Posted on July 28, 2018 by grim

From the Star Ledger: N.J. needs to build 155,000 affordable housing units. No one can agree on how or where As New Jersey reigned as one of the most expensive places in the country to live, the state agency tasked … Continue reading →

Posted in Demographics, Economics, New Development, New Jersey Real Estate | 95 Comments

Can we afford to fight national politics on a local level?

Posted on July 23, 2018 by grim

Norcross this morning in the Star Ledger: N.J. Congressman: Murphy wants $15 min. wage by year-end. Let’s do it The best social program is a good job with fair wages and the dignity that comes with it. Last week, Governor … Continue reading →

Posted in Demographics, Economics, Employment, New Jersey Real Estate | 204 Comments

NJ’s future of smaller, taller, more expensive apartments

Posted on July 20, 2018 by grim

From ROI NJ: Rutgers Real Estate Center releases landmark study on school-aged children in multifamily properties The number of school-age children in multifamily housing units increases with the number of bedrooms, regardless of the residents’ income level and building product … Continue reading →

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

Blue states throw Republican strategy right back in their face

Posted on July 18, 2018 by grim

From Above the Law: States Are Suing For Their SALT Deductions Back Under The 16th Amendment The Republican tax bill famously capped the deductions for state and local taxes (SALT) at $10,000 for the purposes of federally taxed income. The … Continue reading →

Posted in New Jersey Real Estate, Politics, Property Taxes | 88 Comments

76% of CPA’s say the new budget is bad

Posted on July 17, 2018 by grim

From Accounting Today: New Jersey CPAs criticize state budget More than 75 percent of CPAs in New Jersey say the Garden State’s recently enacted budget would have a negative impact on the economy, according to a new survey by the … Continue reading →

Posted in Economics, New Jersey Real Estate, Politics | 126 Comments

Will we ever get through the backlog?

Posted on July 16, 2018 by grim

From NJ101.5: NJ still the worst state for foreclosures As we move further away from last decade’s housing crisis, its lingering impacts on the real estate market are dwindling. But the Garden State still can’t escape its role as the … Continue reading →

Posted in Economics, Foreclosures, New Jersey Real Estate | 105 Comments