Category Archives: New Jersey Real Estate

Look on the bright side, maybe we can afford to go to the beach again

Posted on November 14, 2017 by grim

From the Star Ledger: Ivanka in Bayville: Tax reform will be the law of unintended consequences During his brief speech, Treasury Secretary Mnuchin said that there will be winners and losers in New Jersey under the tax-reform plans. “For people … Continue reading →

Posted in National Real Estate, New Jersey Real Estate, Politics | 237 Comments

Senate says “F*ck You New Jersey” and proceeds to piss all over us

Posted on November 10, 2017 by grim

From the Star Ledger: Senate GOP bill delivers bigger blow to N.J. by killing your entire property tax break The entire federal deduction for state and local taxes — an important tax break for New Jersey residents — would end … Continue reading →

Posted in Economics, New Jersey Real Estate, Politics, Property Taxes | 159 Comments

An outsider gets his chance

Posted on November 8, 2017 by grim

From Politico: Murphy defeats Guadagno to become New Jersey’s next governor Democrat Phil Murphy, a millionaire former Goldman Sachs executive and U.S. ambassador to Germany who’s never held elective office, will succeed Republican Chris Christie as New Jersey’s governor after … Continue reading →

Posted in New Jersey Real Estate, Politics, Property Taxes | 152 Comments

Selling the tax plan through small business

Posted on November 6, 2017 by grim

From the Star Ledger: Why a Trump Cabinet official made a weekend trip to N.J. U.S. Small Business Administrator Linda McMahon discussed the Republican tax cut plan on a trip to New Jersey on Saturday as supporters touted the proposal … Continue reading →

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

The push for $12,500.

Posted on November 3, 2017 by grim

From the Washington Examiner: New Jersey Rep. Tom MacArthur wants cap on property tax deduction lifted in tax bill A key Republican lawmaker said Thursday that he wants to lift the new tax bill’s cap on property tax deductions, a … Continue reading →

Posted in New Jersey Real Estate, Politics, Property Taxes | 106 Comments

Camden on the mend?

Posted on November 2, 2017 by grim

From WHYY: Camden on the rise? New data show poverty is falling Ken Hammon’s driveway says it all. About halfway down Tuckahoe Road in South Camden, sits the black Mustang the 31-year-old bought thanks to a life-changing job at Holtec … Continue reading →

Posted in Demographics, Economics, Employment, New Jersey Real Estate | 188 Comments

MarketNews October

Posted on November 1, 2017 by grim

From Otteau Group: MarketNews October After four consecutive months of increases, home purchase contracts in New Jersey were basically unchanged during the month of September, increasing by just 0.4%. This is compared to a 12% increase one year ago in … Continue reading →

Posted in Economics, New Jersey Real Estate | 94 Comments

Home Builders turn against tax plan

Posted on October 30, 2017 by grim

From the Washington Post: Home builders raise a hammer, try to smash the GOP tax bill The Republican effort to overhaul the tax code suffered a bruising setback over the weekend when a powerful corporate interest group came out against … Continue reading →

Posted in New Development, New Jersey Real Estate, Politics, Property Taxes | 139 Comments

Can small business thrive in NJ?

Posted on October 29, 2017 by grim

From the Star Ledger: Which are the hottest counties in N.J. for new business? Hank Sauce is made in small batches by hand, when the restaurant in Sea Isle City run by Josh Jaspan and his two former college roommates … Continue reading →

Posted in Economics, New Development, New Jersey Real Estate | 54 Comments

NJ’s MacArthur throws down the gauntlet

Posted on October 25, 2017 by grim

From CNN: Republican group threatens to block budget over tax deduction fight Threatening the GOP’s top priority of passing major tax reform, Republican Rep. Tom MacArthur warned Tuesday night that so many House Republicans are frustrated with plans to nix … Continue reading →

Posted in New Jersey Real Estate, Politics, Property Taxes | 70 Comments

If you can do it in Bergen?

Posted on October 23, 2017 by grim

From the Record: Bergen towns can build affordable housing Bergen County is recognized as one of the wealthiest counties in the country. Municipalities in the county helped secure this status by implementing exclusionary zoning practices that drove hard working families … Continue reading →

Posted in Demographics, Economics, New Development, New Jersey Real Estate | 40 Comments

NJ Republicans vote to increase your taxes

Posted on October 20, 2017 by grim

From the Star Ledger: Senate Republicans just declared they want to kill your property tax deduction, New Jersey Senate Republicans just voted in favor of killing your property tax deduction, New Jersey. The GOP senators, whose states received $223 billion … Continue reading →

Posted in Housing Recovery, New Jersey Real Estate, Property Taxes | 118 Comments

Bet the letters stop now…

Posted on October 19, 2017 by grim

From the Star Ledger: Judge throws out infamous Westfield ‘Watcher’ lawsuit A Superior Court judge on Wednesday dismissed the remaining counts of a civil lawsuit involving the infamous “Watcher” house, ending years of litigation about the Westfield home that gained … Continue reading →

Posted in New Jersey Real Estate, Unrest | 69 Comments

Will big $$ make NJ more appealing?

Posted on October 17, 2017 by grim

From Bloomberg: Christie Backs Newark’s Amazon Bid With $7 Billion in Tax Breaks New Jersey Governor Chris Christie is seeking to deploy $7 billion in potential tax credits to lure Amazon.com Inc.’s planned second headquarters to Newark, which has been … Continue reading →

Posted in Economics, New Development, New Jersey Real Estate, Politics | 188 Comments

Is it even possible to make NJ affordable?

Posted on October 12, 2017 by grim

From NJ Spotlight: RETHINKING NJ’S HOUSING MARKET TO MEETS NEEDS OF SUBURBANITES, CITY DWELLERS New Jersey’s next governor faces daunting housing problems that are widespread and complex, ranging from a lack of affordable homes in walkable communities to a glut … Continue reading →

Posted in Demographics, Economics, New Development, New Jersey Real Estate | 84 Comments