Category Archives: New Jersey Real Estate

Where will Trump’s tax policy hurt most in NJ

From NJ Spotlight: INTERACTIVE MAP: TRACKING SALT DEDUCTIONS ACROSS THE STATE The loss of the federal income tax deduction for state and local taxes paid would mean a loss of about $21,500 in write-offs for the average New Jersey taxpayer. … Continue reading

Posted in Economics, New Jersey Real Estate, Politics, Property Taxes | 121 Comments

Maybe we have a shot?

From the Star Ledger: Metro area including North Jersey is top contender for Amazon HQ2, firm says The metro area including North Jersey earned the top ranking among contenders seeking to become home to Amazon’s second headquarters and the potential … Continue reading

Posted in Economics, New Development, New Jersey Real Estate | 149 Comments

F*ck You New York Times

From the NYT: Jared Kushner’s Entitlement Is New Jersey Born and Bred Lots of explanations have been put forward as to why Mr. Kushner seems to operate as though the rules don’t apply to him. Perhaps there’s one more factor … Continue reading

Posted in New Jersey Real Estate, Politics, Unrest | 239 Comments

A manufacturing mecca again?

From the Star Ledger: How manufacturing jobs will come back to N.J. Is New Jersey’s manufacturing era forever behind us? Are the days when ceramics, glove molds, sinks and legendary Lenox china poured out of Trenton’s factories gone for good? … Continue reading

Posted in Economics, Employment, New Jersey Real Estate, Politics | 110 Comments

Otteau September Update

From Otteau Group: September MarketNEWS After declining by 7% in April, home purchase contracts in New Jersey have increased for four consecutive months. In August, the number of purchase contracts rose by 3% compared to the same month last year. … Continue reading

Posted in Economics, New Jersey Real Estate | 53 Comments

NJ’s “middle class” about to be slaughtered

From the APP: Trump tax plan kills key deductions, wallops NJ homeowners New Jersey taxpayers would lose key deductions under a proposal unveiled this week by President Donald Trump: property taxes and state income taxes, experts said. The tax reform … Continue reading

Posted in New Jersey Real Estate, Politics, Property Taxes | 141 Comments

Newark is a surprisingly good fit

From Yahoo Finance: Why Newark could be perfect for Amazon’s new headquarters New York, San Francisco and Denver have all been heralded as the best city for Amazon’s new second headquarters, HQ2. But what about Newark? Yes, the city in … Continue reading

Posted in Economics, New Development, New Jersey Real Estate | 121 Comments

Does anyone really want Amazon?

From the Philly Inquirer: Beware, Philadelphia: Amazon could drive up housing prices When Amazon announced its search for a second North American headquarters, government officials, developers, and residents in cities nationwide embraced the prospect as decidedly good news. Including many … Continue reading

Posted in Demographics, Economics, Employment, New Jersey Real Estate, Philly | 68 Comments

Best places to live in America

From Money via the Star Ledger: These 4 N.J. towns are ‘the best places to live in America’ (or so Money magazine says) MONEY magazine’s annual “Best Places to Live in America” list features four towns in New Jersey this … Continue reading

Posted in New Jersey Real Estate | 200 Comments

Noticing some extra room these days?

From the Star Ledger: Worry as Census says N.J.’s population shrank for the first time in years New Jersey may have lost population for the first time in a decade, new data shows, potentially imperiling economic growth and the number … Continue reading

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

NJ Income Jumps to #3 Nationwide

From the Star Ledger: N.J. shoots up the state income rankings, reverses depressing trend New Jersey households made $76,126 last year, a 4 percent growth over 2015, according to recently released Census data. The growth shot New Jersey from the … Continue reading

Posted in Demographics, Economics, Employment, New Jersey Real Estate | 146 Comments

Will rent control hinder Newark redevelopment?

From the Star Ledger: Residents win rent control battle; landlords face steeper hurdle to raise rents Landlords looking to raise rents on rent-controlled buildings will have to meet a higher threshold to do so under new measures passed by the … Continue reading

Posted in New Development, New Jersey Real Estate | 46 Comments

Hoboken as expensive as Manhattan?

From HousingWire: New York vs New Jersey — we did the math on where it’s cheapest for commuters to live New York City is the most expensive and the most populated city in America. About 3 million people work in … Continue reading

Posted in Demographics, Economics, New Jersey Real Estate, NYC | 48 Comments

This makes my head hurt

From the Real Deal: This is the salary you need to earn to buy a home right now in New York, Miami and LA Using the National Association of Realtors’ data on housing affordability, Business Insider gathered a list of … Continue reading

Posted in Demographics, Economics, New Jersey Real Estate, Where's the Beef? | 70 Comments

But, can you afford NJ on these jobs?

From the APP: NJ becoming the warehouse state, and that means more jobs School supplies, shoes, clothing and home decor – Freehold Township resident Blythe Aguayo buys everything online these days. “I get home from work and my kids will … Continue reading

Posted in Demographics, Economics, New Jersey Real Estate | 93 Comments