Category Archives: North Jersey Real Estate

No Suburb Left Behind

Posted on February 9, 2016 by grim

From the WSJ, hat tip Chi: Casualty of Cities’ Resurgence: The Suburban Offices Left Behind Companies from General Electric to Weyerhaeuser are pulling their headquarters out of leafy suburban campuses and moving to downtown high-rises, giving cities an economic jolt. … Continue reading →

Posted in Demographics, Economics, Employment, New Development, North Jersey Real Estate, Property Taxes | 148 Comments

Just let Atlantic City fall into the sea

Posted on December 21, 2015 by grim

From the Record: Legislators advance competing measures to put approval of North Jersey casinos on ballot State Senate and Assembly committees each passed resolutions on Thursday designed to have voters statewide determine next fall whether to amend the state constitution … Continue reading →

Posted in New Development, North Jersey Real Estate, Politics | 78 Comments

Warm up the bulldozers!

Posted on November 12, 2015 by grim

From the WSJ: Hudson River Rail Tunnel Project Takes Another Step Forward An emerging plan to dig two new Hudson River rail tunnels came into sharper focus on Wednesday as state and congressional leaders outlined a plan to fund and … Continue reading →

Posted in Economics, Employment, North Jersey Real Estate | 64 Comments

Schumer’s Tunnel?

Posted on August 12, 2015 by grim

From REW: Hudson River tunnel project back on, says Schumer The Gateway Project, a plan to build a high-speed railway corridor under the Hudson River between New Jersey and New York, is back on. A day after Amtrak president Steven … Continue reading →

Posted in New Development, North Jersey Real Estate, NYC | 84 Comments

No Spring for Sussex

Posted on April 5, 2015 by grim

From the New Jersey Herald: Foreclosures spur help for homeowners Faced with a foreclosure rate among the highest in the country, Sussex County officials took the first steps in a program designed to bring help to homeowners before the bank … Continue reading →

Posted in Demographics, Economics, Employment, Foreclosures, North Jersey Real Estate | 22 Comments

Fleeced: $350k Ranch Renovation

Posted on April 4, 2015 by grim

Where did the money go? I just don’t see it. Spent $350k and the showpiece was an Ikea kitchen? The money went into fancy light fixtures? I just don’t see it. Sorry, but sounds like you were fleeeeced – From … Continue reading →

Posted in New Development, North Jersey Real Estate | 20 Comments

Your commute is about to get shorter

Posted on November 19, 2014 by grim

From the Record: Cash vs. cachet: N.J. eager to lure NYC firms Two days after JPMorgan Chase said it had dropped plans to build two new office towers for $6.5 billion in midtown Manhattan, reportedly because New York City refused … Continue reading →

Posted in Economics, Employment, North Jersey Real Estate | 153 Comments

Lifestyles of the Rich and Famous

Posted on July 28, 2014 by grim

From the Star Ledger: Snooki’s and JWoww’s Jersey City ‘Guidette Barbie house’ for sale Jersey City’s very own south Jersey Barbie dream house is now on the market. The one-time home of Nicole “Snooki” Polizzi and Jenni “JWoww” Farley near … Continue reading →

Posted in Humor, North Jersey Real Estate | 100 Comments

June Beige Book

Posted on June 5, 2014 by grim

From the Federal Reserve: Beige Book – June 4, 2014 – New York Economic activity in the Second District has continued to grow at a moderate pace since the last report. Prices of finished goods and services remained generally stable, … Continue reading →

Posted in Economics, Employment, Housing Recovery, North Jersey Real Estate | 118 Comments

2013 was a good year for North Jersey home prices

Posted on February 26, 2014 by grim

From the Record: Home prices in region saw boost in 2013 Home prices in the region rose 6.3 percent in 2013, while national values jumped 11.3 percent — the strongest nationwide showing since 2005, the Standard & Poor’s/Case-Shiller index reported … Continue reading →

Posted in Economics, Housing Recovery, North Jersey Real Estate | 75 Comments

North Jersey Contracts – December 2013

Posted on January 7, 2014 by grim

Here it is! The first look at pending home sales (contracts) for Northern NJ. (Source GSMLS, except Bergen- NJMLS) December Pending Home Sales (Contracts) ——————————- Bergen County December 2011 – 489 December 2012 – 505 December 2013 – 510 (Up … Continue reading →

Posted in Employment, Housing Recovery, North Jersey Real Estate | 70 Comments

North Jersey Contracts – November 2013

Posted on December 3, 2013 by grim

Here it is! The first look at pending home sales (contracts) for Northern NJ. (Source GSMLS, except Bergen- NJMLS) November Pending Home Sales (Contracts) ——————————- Bergen County November 2011 – 523 November 2012 – 543 November 2013 – 627 (Up … Continue reading →

Posted in Economics, Housing Recovery, New Jersey Real Estate, North Jersey Real Estate | 109 Comments

New Jersey Contracts – August 2013

Posted on September 7, 2013 by grim

Here it is! The first look at pending home sales (contracts) for Northern NJ. (Source GSMLS, except Bergen- NJMLS) August Pending Home Sales (Contracts) ——————————- Bergen County August 2011 – 589 August 2012 – 715 August 2013 – 806 (Up … Continue reading →

Posted in Economics, Housing Recovery, North Jersey Real Estate | 30 Comments

Will North Jersey prices be pulled up by NYC?

Posted on August 9, 2013 by grim

From the Star Ledger: Manhattan homes are harder to buy. Hello, New Jersey? For Manhattanites, the grass is greener on the Jersey side. A recent survey by Miller Samuel shows it’s become more difficult to buy a nonluxury home – … Continue reading →

Posted in Economics, North Jersey Real Estate, NYC | 70 Comments

North Jersey Contracts – July 2013

Posted on August 3, 2013 by grim

Here it is! The first look at pending home sales (contracts) for Northern NJ. (Source GSMLS, except Bergen- NJMLS) – Updated with 2011 Data July Pending Home Sales (Contracts) ——————————- Bergen County July 2011 – 594 July 2012 – 775 … Continue reading →

Posted in Economics, Housing Recovery, North Jersey Real Estate | 23 Comments