Category Archives: New Jersey Real Estate

It’ll sit empty for decades…

Posted on March 30, 2018 by grim

From the Record: Toys R Us collapse creates large corporate office vacancy in Wayne The collapse of Toys R Us has placed a big question mark on a large tract of forested woodland in the heart of Wayne. Toys R … Continue reading →

Posted in Economics, New Development, New Jersey Real Estate, Politics | 100 Comments

NJ Pension on Track! … to be fixed in 30 years.

Posted on March 29, 2018 by grim

From the Star Ledger: Have New Jersey’s pension woes finally bottomed out? ould it be true? Is New Jersey’s pension fund for public workers — among the worst-funded in the nation — really on the road to recovery? That’s what … Continue reading →

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

Oh boy…

Posted on March 27, 2018 by grim

From the Star Ledger: Will Phil Murphy veto giving police and fire unions control of their pensions? The state Legislature passed legislation Monday handing control of the pension fund for New Jersey’s police and firefighters over to its members. But … Continue reading →

Posted in Economics, New Jersey Real Estate, Politics | 61 Comments

Did your town make the list?

Posted on March 26, 2018 by grim

From the Star Ledger: Property taxes actually went down in these N.J. towns. Was yours one of the lucky ones? New Jerseyans are accustomed to high property taxes, and they’re accustomed to those tax bills getting bigger year after year. … Continue reading →

Posted in New Jersey Real Estate, Property Taxes | 31 Comments

Clifton For The Win

Posted on March 24, 2018 by grim

From the NY Times: Clifton, N.J.: Where a Lot of Little Worlds Commingle Clifton, in southern Passaic County, is an unpretentious, predominantly middle-class city of 85,000, crisscrossed by highways, two of which — the Garden State Parkway and Route 46 … Continue reading →

Posted in New Jersey Real Estate | 45 Comments

Let me guess, we’re going to pay for it.

Posted on March 20, 2018 by grim

From the Star Ledger: It’s ‘The Hub,’ and Murphy swears it will help make us a tech magnet It’s called “The Hub” — a redevelopment project in New Brunswick that Gov. Phil Murphy says will help realize his goal of … Continue reading →

Posted in New Development, New Jersey Real Estate | 96 Comments

Roof and siding just got a little cheaper

Posted on March 19, 2018 by grim

From the Record: No permit required: That roofing and siding job just got cheaper in New Jersey Rules that took effect on Monday should have contractors in New Jersey raising the roof, since it’s no longer necessary to purchase a … Continue reading →

Posted in New Development, New Jersey Real Estate | 117 Comments

Jersey’s pockets a little deeper

Posted on March 17, 2018 by grim

From Corelogic: CoreLogic Reports Homeowner Equity Increased by $908 Billion in 2017 CoreLogic® (NYSE: CLGX), a leading global property information, analytics and data-enabled solutions provider, today released the Home Equity Report for the fourth quarter of 2017, which shows that … Continue reading →

Posted in Economics, Housing Recovery, New Jersey Real Estate | 38 Comments

NJ Lagging Job Recovery

Posted on March 15, 2018 by grim

From the Star Ledger: N.J. added 43K jobs in 2017. Here’s why that’s not such good news New Jersey added about 43,000 jobs in the private sector in 2017, about 18,000 less than 2016, according to data released by the … Continue reading →

Posted in Demographics, Economics, Employment, New Jersey Real Estate | 170 Comments

NJ 2017 Flip Rate – 6%

Posted on March 14, 2018 by grim

From NJ1015: WHY NJ HAS BECOME A HOT SPOT FOR FLIPPING HOUSES Flipped homes represented more than 6 percent of all New Jersey home sales in 2017. More than 7,500 one-family properties that exchanged hands last year already had a … Continue reading →

Posted in New Development, New Jersey Real Estate | 130 Comments

Now *THIS* is a useful list

Posted on March 13, 2018 by grim

From the Star Ledger: N.J. has too many damn towns. Here are 25 that need to go. It’s almost spring cleaning season, fellow New Jerseyans, and it’s time we broached a familiar and heretofore unresolved issue in this crazy state: … Continue reading →

Posted in Humor, New Jersey Real Estate | 117 Comments

Low taxes, but not really.

Posted on March 12, 2018 by grim

For most of these towns, there are some pretty sizable factors that keep taxes low, but are largely irrelevant for the rest of NJ. From the Star Ledger: Here are the 30 N.J. towns with the lowest property taxes Last … Continue reading →

Posted in Economics, New Jersey Real Estate, Politics | 46 Comments

So they aren’t moochers?

Posted on March 10, 2018 by grim

From the APP: Don’t blame NJ’s high taxes on ‘Moocher states’: Malanga Last year’s federal tax reform act has prompted a lot of hand wringing and hyperbolic language from New Jersey officials over the loss of the state and local … Continue reading →

Posted in Demographics, Economics, New Jersey Real Estate, Politics, Property Taxes | 40 Comments

NJ fights back on business taxes, then taxes business

Posted on March 7, 2018 by grim

From the Star Ledger: We’ve got sure-fire plan to save small businesses from Trump tax law, N.J. lawmakers say New Jersey lawmakers who are already offering up a scheme to save homeowners the state and property tax deduction gutted by … Continue reading →

Posted in Economics, New Jersey Real Estate, Politics | 97 Comments

And they think this charitable contribution scheme has a chance?

Posted on March 6, 2018 by grim

From the Star Ledger: IRS action on prepaid property taxes slammed as ‘naked political payback’ against N.J. New Jersey Rep. Bill Pascrell Jr. and other Democrats on Monday accused the Internal Revenue Service of “naked political payback” for refusing to … Continue reading →

Posted in Economics, New Jersey Real Estate, Politics, Property Taxes | 89 Comments