Browse our MLS / IDX | Monthly Local Housing Reports
Just to the right of the screen, you will notice our customized MLS / IDX tool. This custom design allows you as the user to search all homes for sale using your specific criterias. This system will allow you to narrow down your homes so you won’t get overwhelmed by thousands of homes. As stated to the right, the MLS’s are area specific. Be sure to use the MLS / IDX that is appropriate... [Read more ...]
Hoboken Condo & Real Estate Report
August 2010 Hoboken Condo Sales & Real Estate Report YAWN!! Well kind of. Anyway, welcome to the September 1 real estate report for Hoboken, NJ, our home city! August sales were higher than July by about 10%, but the average price of a condo sold in Hoboken dropped, showing a glaring sign. With the exception of June, every month has seen declining sales prices. What does that mean? ... [Read more ...]
Lyndhurst Real Estate Roundup – Monthly Reports
We’ve been getting a lot of inquiries for Lyndhurst real estate. I’m not sure why we never reported on it. We know the area well as we service it regularly as well as neighboring Rutherford, so I figured we would start reporting some housing information on a monthly basis for those that like to keep track of prices, absorption, and trends. Lyndhurst is considered a “country”... [Read more ...]
ARC Effect on Northern NJ Housing Market
I’m surprised to hear that many of the homeowners I talk to aren’t familiar yet with the ARC Program taking place as we speak, a historic transportation improvement that will benefit tens of thousands of NJ residents. This could bode very well for NJ suburban markets that are served by rail stations. “ARC is New Jersey and New York’s biggest investment in transit, ever. ... [Read more ...]
Buying a Distressed Fractured Condo Building
At least in the state of Florida, buying a distressed condo building that is FRACTURED has huge potential for a Value Add investment. In short, a Fractured Condo Building for example is a 50 unit building where currently 10 are owned by individual owners that may or may not be current on their mortgage and condo association dues. The remaining 40 units are likely developer owned condos that did not... [Read more ...]
Nutley NJ Real Estate Report | Monthly Updates!
July 2010 – Nutley NJ Single Family Real Estate Report CLICK HERE to view all homes for sale in Nutley. Select your own criteria and be sure to contact NJREG to make a showing or sales appointment. 877-688-7582 As most of Essex County did, Nutley had lower numbers in July as opposed to June, where the expiration of the First Time Homebuyer Tax Credit expired to select a home. Talks of a... [Read more ...]
Investment / Income Real Estate News
New Jersey Real Estate Guys also owns a very popular real estate firm in Ft. Myers, FL. Aside from general real estate, we pride ourselves on diversification in our customers portfolios by becoming diverse property owners. In a lot of areas today, buying real estate is favorable given the market conditions regarding pricepoints and rental rates. Today offers unprecedented pricepoints and the... [Read more ...]
Out of state Income Property | Smoky Mountain Resort | Developer Guarantee Leaseback
Developer Guaranteed Income of 15% As many are aware, we love to explore out of the box for income real estate opportunity. During a trip to Sterling Springs Resort in the Gaitlinburg area of Tennessee at the beginning of the year, I noticed a glaring problem with availability. The resort is 5 star and one of the most beautiful settings I have seen. My question was why there were only 33 cabins... [Read more ...]
Montclair NJ Real Estate Report
September 1 Montclair Real Estate Update For all of you waiting to buy a home in Montclair, the chances of you finding your dream home for the price you want could be deteriorating. Out of all of the micro markets we cover in Northern NJ, Montclair seems to be holding its ground and getting stronger. This is likely due to the downward price correction we experienced in town in addition to very... [Read more ...]
Why 2011 will be a HUGE real estate year
UPDATE: It’s been less than 24 hours since I wrote this article. Early this morning the new PNC Financial projections came out, strengthening my opinion for a strong rebound over the next 12 months. Let me retract “strong” and replace it with words like “satisfying”, “better than nothing”, or “shit, I’ll take anything”. Here’s some... [Read more ...]
Rutherford NJ Real Estate Report | Inventory | Homes for Sale | Absorption
Rutherford, NJ JULY 2010 Real Estate Report What a normal, boring month for Rutherford. Sales have not reached double digits even once this year on a monthly basis. Are homebuyers favoring Lyndhurst right now? Doubtful, I don’t think anything along the lines of preference changed. The expiration of the Homebuyer Tax Credit had a bit to play in the sluggish month, although as mentioned,... [Read more ...]
Legalizing Gambling at the New Meadowlands? Thoughts?
Let’s imagine the New Meadowlands in 2015. Over the last few years, the biggest controversial project to go up was Xanadu. Recently renamed “Meadowlands” by newest savior Steve Ross of Related Group, the Meadowlands is due for some major visual changes. First, is the demolition of the old Giants Stadium. Next, in my opinion would be the demolition of the race track, a big... [Read more ...]
New Jersey Real Estate Guys Brokerage #1 in Hudson County
New Jersey Real Estate Guys would like to congratulate everyone in our parent brokerage of Liberty Realty for achieving #1 status in Hudson County. During the first 4 months of 2010, we have led the county in MLS Sales, Listings taken, Pending Sales, and Closed Sales. A total of 184 Successfully closed MLS sales during the first 4 months. This is overwhelming proof as to why New Jersey Real Estate... [Read more ...]
Need to Short Sell your home fast, effectively, and risk mitigated?
As many of our readers know, NJREG has a reknown real estate investment firm in Southwest Florida. Our primary focus, currently, is buying REO and distressed assets for ours and our investors real estate holdings portfolio in New Jersey and the tri-state area. Located in the Florida market for nearly 10 years, we have made huge strides and adjustments. As of recent, and after months of efforts,... [Read more ...]
Unlisted for Private Sale: 2 Four-Family Homes, Historic Morristown
Great for INVESTOR / HOMEOWNER With an occupancy rate of nearly 100% over the last 12 years, these 4-Family Homes present a perfect opportunity for any homeowner or investor. Due to the current owner being an owner occupant, he has taken tremendous care to preserve the utmost value for these homes located in the beautiful historic district of Morristown, NJ. 55 Wetmore Avenue $579,000 A four-family... [Read more ...]
Investing in NJ Section 8 Multi-Family
Scott Allan of NJ Real Estate Guys has respectable experience in Section 8 investing in NJ. Our current Section 8 markets include but are not limited to Jersey City, Clifton, Passaic, Newark, and East Orange. Contact Scott for further details on available multi-family properties. Stay tuned for our “Section 8 Property of the Week” Post which we will post a link to right here. I’ve... [Read more ...]
