Category Archives: New Jersey Real Estate

NJ Industrial On Fire

From ROI-NJ: C&W report: Industrial market records highest level of leasing in 2 years Cushman & Wakefield recently released its fourth-quarter 2023 industrial and office statistics for northern and central New Jersey, showing New Jersey’s industrial market recorded its highest level … Continue reading

Posted in Economics, Employment, New Development, New Jersey Real Estate | 47 Comments

Seems like a long shot

From NJ1015: NJ one of 3 states expected to see housing market crash in 2024 It looks like New Jersey’s housing market may soon run out of steam. And that’s unfortunate for so many living in The Garden State. According … Continue reading

Posted in Crisis, Demographics, Economics, Housing Bubble, New Jersey Real Estate | 195 Comments

NJ Gets Coal for Christmas

From NJBIZ: NJ unemployment rate ticks up in November jobs report  Just before the holiday, the New Jersey Department of Labor and Workforce Development released the state’s November jobs report, which showed an increase of 4,100 jobs (3,100 in the private … Continue reading

Posted in Demographics, Economics, Employment, New Jersey Real Estate | 120 Comments

Making Money

From CBS News: The U.S. states where homeowners gained — and lost — equity in 2023 For the millions of Americans who own their homes, their properties are typically their biggest source of wealth. The good news? Those assets have … Continue reading

Posted in Housing Bubble, National Real Estate, New Jersey Real Estate | 121 Comments

Riskiest Markets

From Atom: Housing Markets Facing Greater Risk Of Downturns Clustered In California, New Jersey And Illinois ATTOM, a leading curator of land, property, and real estate data, today released a Special Housing Risk Report spotlighting county-level housing markets around the United … Continue reading

Posted in Demographics, Economics, Housing Bubble, New Jersey Real Estate | 80 Comments

Inventory falls in Bergen, Morris, and Passaic

From NorthJersey.com: Market update: Three North Jersey counties saw an increase in home listings in November North Jersey’s real estate market saw a decrease in both new home listings and median listing prices during the month of November. Similarly, national … Continue reading

Posted in New Jersey Real Estate | 80 Comments

Industrial is hot hot hot

From the Daily Record: Large East Hanover industrial park sells for whopping $217.5 million In what is being touted as New Jersey’s biggest industrial real estate deal of the year, 1.2 million square feet of light industrial space in East … Continue reading

Posted in Economics, New Jersey Real Estate | 76 Comments

Where NJ makes it’s money

From Statista: Real value added to the gross domestic product of New Jersey in the United States in 2022, by industry 

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

Better move fast

From NJ 1015: Homes are selling fastest in these two NJ counties It’s like a Six Flags Great Adventure ride that never ends. One without too many lows that keeps just bringing you higher and higher into the clouds. Well, … Continue reading

Posted in Housing Bubble, New Jersey Real Estate | 93 Comments

Are agents employees or contractors?

(Anyone have access to the full text?) Ain’t just a problem for Lyft and Uber. From Bloomberg Law News: Change in NJ Realty Agent Contractor Status Could Upend Industry The structure of New Jersey’s roughly 60,000-person real estate industry hung … Continue reading

Posted in New Jersey Real Estate | 91 Comments

You pay extra for the ghosts in NJ

From WBGO: Selling a house in New Jersey? If it’s haunted, you better say so Haunted houses — they’re real — in real estate, that is. New York and New Jersey are two of only four states in the country, … Continue reading

Posted in Humor, New Jersey Real Estate | 139 Comments

The best doesn’t come cheap

From Travel+Leisure: 10 Best Places to Live in New Jersey, According to Local Real Estate Experts Recreational and economic opportunities play a major role in choosing where to settle down. As one of the most business-friendly states in the nation, New Jersey’s economy … Continue reading

Posted in Demographics, New Jersey Real Estate | 38 Comments

The new New York City

From Business Insider: NYC and its suburbs won’t build new housing, so New Yorkers are flooding into Jersey City and driving up prices New Yorkers have been taking notice of Jersey City real estate for years, and its popularity as an alternative … Continue reading

Posted in Crisis, Demographics, Economics, Gold Coast, New Development, New Jersey Real Estate, NYC | 56 Comments

Sorry renters

From RentCafe: Competition for Apartments Intensifies in Midwest This Rental Season, but Miami Holds Onto 1st Place While the Midwest is flexing its muscle in peak rental season, we’re seeing rising competition in the Northeast,as well. The main reason for this … Continue reading

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

Because Garden State Plaza Needs 1400 Housing Units

From Costar: Unibail Seeks To Add Roughly 1,400 Housing Units to New Jersey Flagship Mall Unibail-Rodamco-Westfield said it plans to build up to nearly 1,400 residential units as part of the major redevelopment and diversification of its large mall in North Jersey, … Continue reading

Posted in Economics, Housing Bubble, New Development, New Jersey Real Estate, Where's the Beef? | 150 Comments