February 2009
North Hoboken Makeover?
February 25, 2009 by admin · Leave a Comment
The Rockefeller Group, an international development real estate firm that owns Rockefeller Center in the City is quietly buying several uptown buildings between 14th & 17th Street from Grand St. to Park Ave in Hoboken. You may know this area by the Burlington Coat factory, the Stahl Soap factory, and the Macy’s Parade staging warehouse are [...]
NEW! Loan Modification Division
February 19, 2009 by admin · 1 Comment
We specialize in helping homeowners in hardship by negotiating directly with your lender to modify the existing terms on your mortgage in all states. Our new division within NJ Real Estate Guys is led by Scott Allan who has extensive experience in the real estate finance industry. Having worked with a large bank specifically on [...]
Montclair Bargain Single Families UNDER $400k
February 18, 2009 by admin · 2 Comments
9/1/09 Upper Montclair Update: Approximately 7 months later, 2 of these homes have sold. Montclair real estate is picking up and homes under $400,000 in the 07043 zip code of Upper Montclair are selling very quickly due to historically low rates, real estate prices, and the use of FHA financing. New Jersey Real Estate Guys has [...]
Is Now the time to Buy? Yes, and here are 5 Reasons
February 17, 2009 by admin · Leave a Comment
Although typically we write our own content for this website, I found an interesting article that should help a lot of “on the fence buyers” in terms of the main question we get “Is now the time to buy?” Hoboken real estate, Jersey City, Montclair, etc….all of the NJ real estate markets can take advantage [...]
Senate approves Homebuyer Tax Credit…UPDATE
February 17, 2009 by admin · 1 Comment
Oh well…It was a shot in the dark but the amended amendment is still ok. Is this good news for Hoboken real estate and the rest of New Jersey? The $15,000 tax credit that we anticipated until last week has AGAIN been amended and its final. The American Recovery and Reinvestment Act allows a tax [...]
Toll Brothers..Trouble in Hoboken too?
February 14, 2009 by admin · Leave a Comment
A realtor friend of mine in the city sent me an article from Bloomburg News stating that Toll Brothers have significantly slashed their prices at Northside Piers, Toll’s highrise tower in Williamsburg. Could this be a sign for Toll Bro’s Hoboken real estate projects? Toll is now selling two-bedrooms units at Northside starting at $690,000, [...]
Real Estate Investors… Watch the Treasury UPDATE
February 6, 2009 by admin · Leave a Comment
Well it’s official. Part of the bailout funds in the stimulus bill are going to be creating a “Bad Bank.” The plan would use government money to support private sector purchases of bad assets that are weighing on banks’ balance sheets and keeping them from resuming more normal lending. This comes on the heels of [...]
Hoboken NJ Small Talk
February 3, 2009 by admin · Leave a Comment
Due to a slow start to my Tuesday, I just wanted to bring up a couple points. First, Hoboken residents are rightfully relentless about having their voices heard by unpopular Mayor Roberts. LowerHobokenTaxes.com has been doing a great job putting their efforts where there mouths are spreading flyers, arranging rallies. What is this doing to [...]
