Category Archives: New Jersey Real Estate

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

No surprises here, big money stays in Manhattan

Posted on April 13, 2018 by grim

From Bloomberg: New York City’s Top Earners Still Choose Manhattan Over Brooklyn Brooklyn may claim the popularity contest, but Manhattan’s still home to the city’s highest earners. That’s the upshot from a Bloomberg analysis of household earnings by zip code, … Continue reading →

Posted in Demographics, Economics, New Jersey Real Estate, NYC | 132 Comments

NJ wages up 4%

Posted on April 12, 2018 by grim

From the Star Ledger: N.J. workers are earning more $$$ but it’s not all good news New Jersey workers now have a few more bucks in their pocket. The average hourly earnings of New Jersey employees in the private sector … Continue reading →

Posted in Demographics, Economics, Employment, New Jersey Real Estate | 81 Comments

Large scale development possible in Jersey?

Posted on April 11, 2018 by grim

From Centraljersey.com Sayreville will build ‘largest mixed-use project in New Jersey history’ Development is moving forward on a 418-acre, $2.5 billion mixed-used development in Sayreville. Riverton, a mixed-use project that will be located by the Raritan River and total 5 … Continue reading →

Posted in New Development, New Jersey Real Estate | 98 Comments

Another day, another new tax

Posted on April 10, 2018 by grim

From the Star Ledger: N.J. bill would allow for voter-approved arts tax A New Jersey lawmaker is pushing for a new tax designed to fund local arts initiatives. Assemblyman Raj Mukherji, D-Jersey City, introduced a bill in the New Jersey … Continue reading →

Posted in New Jersey Real Estate, Property Taxes | 90 Comments

And you should pay even more…

Posted on April 5, 2018 by grim

From NJ101.5: 4 COUNTIES IN NJ HAVE HIGHEST PROPERTY TAXES IN THE NATION Just in case you’ve forgotten, a new analysis from real-estate tracker ATTOM Data Solutions reminds us that New Jersey homeowners are paying the highest property taxes in … Continue reading →

Posted in New Jersey Real Estate, Property Taxes | 83 Comments

Get in line with the rest of us

Posted on April 4, 2018 by grim

From NJBIZ: Survey: Millennials want more jobs, cheaper housing Millennials in New Jersey want lower taxes, increased job opportunities, affordable housing and improved, cheaper mass transit in order to stay in the state. According to a survey of 975 state … Continue reading →

Posted in Demographics, Economics, New Jersey Real Estate | 104 Comments

Otteau March MarketNEWS

Posted on March 31, 2018 by grim

From the Otteau Group: March MarketNEWS The number of home sales in New Jersey over the first 2 months of 2018 totaled more than 16,000, setting an all-time record. Still, the 2% year-to-date increase over the same period last year … Continue reading →

Posted in Economics, Housing Recovery, New Jersey Real Estate | 31 Comments