Category Archives: New Jersey Real Estate

What the hell do accountants know about running business in NJ anyway…

Posted on June 3, 2018 by grim

From NJBIZ: State CPAs take dim view of economic future New Jersey’s accountants do not have a favorable outlook on the state’s economy. In a survey of 786 CPAs in the state conducted by the New Jersey Society of CPAs, … Continue reading →

Posted in Economics, Employment, New Jersey Real Estate, Property Taxes | 26 Comments

Another Strong Spring Market

Posted on June 1, 2018 by grim

From the Otteau Group: MarketNEWS May 31, 2018 Edition NJ YTD Purchase Contracts Back Up After home sales recorded a 6% retraction in March, New Jersey recorded more than 11,000 purchase contracts during the month of April equating to a … Continue reading →

Posted in Demographics, Economics, Employment, Foreclosures, Housing Recovery, New Jersey Real Estate | 138 Comments

But are we ready to change?

Posted on May 31, 2018 by grim

From the comments the other day, but good enough to get top page billing. From the NY Times: As Office Parks Empty, Towns Turn Vacancies Into Opportunities Perched off a busy road in northern New Jersey with sweeping vistas of … Continue reading →

Posted in Demographics, Economics, Employment, New Development, New Jersey Real Estate | 159 Comments

Fix it, Sell it, or Get Out

Posted on May 28, 2018 by grim

From the APP: A tool for targeting the ‘zombie houses’ of Toms River, throughout the Shore They’re called “zombie houses,” and they can suck the life out of any neighborhood. Zombie homes are properties whose owners have walked away from … Continue reading →

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

Hey Democrats, where’s our pot?

Posted on May 26, 2018 by grim

From the Washington Post: N.J. Democrats loved the idea of taxing the rich — until they actually could do it Democrats in the New Jersey state legislature approved a tax hike on millionaires five separate times under then-Gov. Chris Christie … Continue reading →

Posted in New Jersey Real Estate, Politics | 59 Comments

If you thought the Russians were sneaky…

Posted on May 22, 2018 by grim

From NJ101.5: If you’re looking to buy a house in New Jersey be forewarned – the people selling the house may have you under secret surveillance. As the price of video security systems like nanny cams continues to drop and … Continue reading →

Posted in Humor, New Jersey Real Estate | 246 Comments

Hot or Not

Posted on May 21, 2018 by grim

From the Star Ledger: These 15 N.J. real estate markets are sizzling hot right now, spring edition 15. Hoboken Current home value: $788,190 Yearly growth: 8.16 Hoboken is a strong city for working millennials. It’s is a little younger than … Continue reading →

Posted in Housing Bubble, Housing Recovery, New Jersey Real Estate | 142 Comments

You buyin’ this?

Posted on May 16, 2018 by grim

From the Star Ledger: Murphy’s state bank would help working families, boost local economy New Jersey has an investment problem. The Garden State’s numerous credit downgrades, budget shortfalls, crumbling infrastructure, chronic underfunding of critical programs and priorities are well known. … Continue reading →

Posted in Economics, New Jersey Real Estate, Politics | 262 Comments

Will the feds accept it?

Posted on May 5, 2018 by grim

From the Star Ledger: Murphy moves to save your property tax break from Trump. But will it stick? Gov. Phil Murphy just took action to save your federal property tax break from President Donald Trump’s new tax law. The Democratic … Continue reading →

Posted in New Jersey Real Estate, Politics, Property Taxes | 55 Comments

At least someone wants to be here

Posted on May 4, 2018 by grim

From the WSJ: New Jersey Landlords Can’t Keep Up With Demand For Industrial Space Industrial space in New Jersey is so hot that lease deals are drying up. Across the state, which has become a major logistics hub for online … Continue reading →

Posted in Economics, New Development, New Jersey Real Estate | 110 Comments

Has Newark made it?

Posted on May 1, 2018 by grim

From Bloomberg: A $1 Billion Real Estate Boost for Battered Newark SJP Properties and Aetna Realty are planning to spend as much as $1 billion on a project beside a Newark, New Jersey, commuter-rail hub, the latest in a spree … Continue reading →

Posted in Economics, Employment, New Development, New Jersey Real Estate | 63 Comments

Looks pretty gloomy out there

Posted on April 28, 2018 by grim

From the Observer: NJ Politics Digest: Another Grim Take on the State’s Economic Outlook Yikes, the economic outlook in New Jersey is pretty grim—and it’s not going to get any better. While that might be the gut feeling of many … Continue reading →

Posted in Economics, Employment, New Jersey Real Estate | 84 Comments

Out with retail, in with industrial

Posted on April 21, 2018 by grim

From Real Estate Weekly: Developers struggling to meet demand for New Jersey industrial space New Jersey can’t keep up with demand for industrial space, according to Duke Realty leasing vice president Ben Rosen. “There are no buildings available under 300,000 … Continue reading →

Posted in Demographics, Economics, New Development, New Jersey Real Estate | 28 Comments

They sound pretty smart to me

Posted on April 19, 2018 by grim

From the Times of Trenton: ‘Brazen criminals’ are taking advantage of the housing crisis Brazenness is the hallmark of con artists and nowhere is that more evident than with shameless real estate scammers who rip off unsuspecting renters and property … Continue reading →

Posted in Foreclosures, Housing Bubble, New Jersey Real Estate | 248 Comments

Don’t need NY to tell us we’re cool … but it sure don’t hurt

Posted on April 14, 2018 by grim

From the NY Times: Wait, New Jersey Was Once Not Cool? New Jersey chic used to have a name: Bruce Springsteen. And that was pretty much it, at least according to the Garden State’s haughty neighbors across the Hudson River, … Continue reading →

Posted in Demographics, Humor, New Jersey Real Estate, NYC | 121 Comments