Category Archives: New Jersey Real Estate

A little bit easier to live (and die) in NJ

Posted on January 2, 2017 by grim

From Newsworks: New Jersey deploys tax changes for elderly and veterans in 2017 The legislation that raised New Jersey’s gas tax 23 cents in November also includes some tax cuts that have taken effect with the ringing in of 2017. … Continue reading →

Posted in Demographics, Economics, New Jersey Real Estate, Politics | 36 Comments

Millennial FTB? Buy a 2 family.

Posted on December 27, 2016 by grim

From MarketWatch: Buying your first home? Consider a duplex… The best first home may be a multi-unit home, because having tenants pays off. Duplexes — a single building with separate units and entrances — are among the least popular homes … Continue reading →

Posted in Demographics, Economics, New Jersey Real Estate | 41 Comments

NJ Grows, NY/PA Shrink

Posted on December 21, 2016 by grim

From the Star Ledger: N.J.’s population rises, but New York and Pennsylvania lost residents New Jersey’s population has risen slightly as the Garden State is hanging on to its ranking as the 11th most populous state in the nation, according … Continue reading →

Posted in Demographics, Economics, New Jersey Real Estate | 87 Comments

Foreclosures rise in Bergen, fall in Passaic

Posted on December 15, 2016 by grim

From the Record: New Jersey leads nation in foreclosures New Jersey leads the nation in foreclosure activity, as the state continues to unwind the mortgages that went bad in the worst housing crash in decades. One in every 598 Garden … Continue reading →

Posted in Foreclosures, New Jersey Real Estate, North Jersey Real Estate | 63 Comments

Lock them in their parents basement

Posted on December 12, 2016 by grim

from NJ101.5: How can NJ stop young adults from fleeing the state? As we wind down the end of 2016 and get set to ring in a brand new year, New Jersey faces a number of significant challenges. The state’s … Continue reading →

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

Again … foreclosure isn’t the problem, it’s the solution.

Posted on December 4, 2016 by grim

From the Philly Inquirer: The foreclosure nightmare continues in New Jersey The neighborhood’s zombie has, at long last, made it through foreclosure and is on the market. A quick tour of the house, which was vacant for nearly 30 months, … Continue reading →

Posted in Foreclosures, New Jersey Real Estate, South Jersey Real Estate | 18 Comments

Can Newark be the next hot spot?

Posted on November 29, 2016 by grim

From the Star Ledger: Why a tech millionaire built his incubator in Newark If Gerard Adams didn’t exist, Newark Mayor Ras Baraka might have to invent him. Adams is a 31-year-old Belleville High School grad and Caldwell University dropout, whose … Continue reading →

Posted in Economics, New Development, New Jersey Real Estate | 132 Comments

Shop NJ Small Business

Posted on November 26, 2016 by grim

From NJTV: Communities Give Back for Small Business Saturday Sandwiched between Black Friday and Cyber Monday is Small Business Saturday when local retailers and business owners band together to get customers shopping in their communities. “It shouldn’t be about getting … Continue reading →

Posted in Economics, New Jersey Real Estate | 30 Comments

Don’t get it, we don’t need the $180 million?

Posted on November 23, 2016 by grim

From the Star Ledger: Christie keeping income tax agreement with Pennsylvania Gov. Chris Christie announced Tuesday he will keep in place a decades-old agreement that allows New Jersey and Pennsylvania residents who work across state lines to pay income taxes … Continue reading →

Posted in New Jersey Real Estate, Politics | 100 Comments

Sorry NJ…

Posted on November 22, 2016 by grim

From NJ1015: Forecast calls for a braking of New Jersey’s economy While the U.S. economy seems to be moving ahead moderately, New Jersey’s economy is stuck in “slow,” according to the latest Rutgers University economic forecast. The Rutgers RECON forecast … Continue reading →

Posted in Economics, Employment, New Jersey Real Estate | 107 Comments

You better learn to drive a forklift

Posted on November 21, 2016 by grim

From the WSJ: In New Jersey and Long Island, Developers Eye Office-to-Warehouse Conversions Peter Sudler didn’t make the decision to demolish one of his top-end suburban office buildings lightly. But he knew better than to fight the market. “Rather than … Continue reading →

Posted in Economics, New Jersey Real Estate, NYC | 117 Comments

NJ jobs growth bleak

Posted on November 18, 2016 by grim

From the Record: New Jersey lost 5,600 jobs in October In what several experts said showed a loss of momentum in the state’s economy, New Jersey lost 5,600 jobs in October, as its unemployment rate dipped to 5.2 percent, according … Continue reading →

Posted in Economics, New Jersey Real Estate | 136 Comments

The elusive millennial buyer

Posted on November 17, 2016 by grim

From the Record: Millennials boost numbers of first-time homebuyers After two years of renting an $1,800-a-month studio apartment in Harlem, Sarah and Micaiah Fitzgerald decided it was time to buy a home. “We just felt we were throwing money away … Continue reading →

Posted in Demographics, New Jersey Real Estate | 91 Comments

So close!

Posted on November 10, 2016 by grim

NJ on the cusp of moving to the #2 position for foreclosure inventory. NY looks poised to take the #1 slot any month now. NY Metro Area continues to resolve. From CoreLogic:

Posted in Foreclosures, New Jersey Real Estate, NYC | 144 Comments

NJ Votes!

Posted on November 9, 2016 by grim

From the Star Ledger: N.J. votes to dedicate gas tax revenue to transportation projects New Jersey voters on Tuesday approved a constitutional amendment dedicating gas tax proceeds to transportation projects, locking in more than $1 billion a year in new … Continue reading →

Posted in Economics, New Jersey Real Estate, Politics | 249 Comments